Photo by PATRICK T. FALLON/AFP via Getty Images Cathie Wood’s ARK Invest just bought up shares of Grayscale Bitcoin Trust for the first time in nearly a year and a half. The ARK Next Generation Internet ETF bought 315,000 shares of the fund on Monday. The bitcoin fund is trading at a steep discount and…
Elon Musk at the Met Gala. Theo Wargo/Getty Images Elon Musk said during testimony over his Tesla pay package that he’s going to step back from Twitter over time. He said there was a need for an “initial burst of activity” to reorganize the company. He predicted the “fundamental restructuring” would be done by the…
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Chip Somodevilla/Getty Images Blackstone CEO and GOP megadonor Steve Schwarzman says he won’t support Donald Trump in 2024. Schwarzman and his wife donated $3 million to a Trump super PAC in 2020. The billionaire joins other prominent Republicans who say they will not support Trump’s bid. Stephen Schwarzman, the billionaire CEO and cofounder of private-equity…
Treasury Secretary Janet Yellen. REUTERS/Jonathan Ernst The US is currently set to hit the federal debt ceiling once again next year. If that happens, it could trigger an unprecedented default, financial crisis, and deep recession. But there’s nothing stopping Democrats from negating the threat by raising the limit to the point where it would never…
Tom Brady. AP Photo/Rusty Jones Investors have filed a lawsuit against celebs who promoted the defunct crypto exchange FTX. FTX has flamed out in dramatic fashion, declaring bankruptcy on Friday. The suit names celebs who range from sports stars like Tom Brady and Steph Curry to Larry David. Investors have filed a lawsuit against celeb…
Tanker Pacific Zircon is seen at sea near Isle of Wright, Britain in this undated handout picture. David Potter/Handout via REUTERS A drone armed with a bomb hit an oil tanker off the coast of Oman on Tuesday evening. An Israeli government official has said that they believe Iran is responsible for the strike. The…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Stock gifts can help young people learn about money and investing. Jose…
The Supreme Court of the United States has already dismissed two lawsuits seeking to block Biden’s student-loan forgiveness. Kent Nishimura / Los Angeles Times via Getty Images Two federal courts with GOP-appointed judges have struck down Biden’s student-debt relief. The judges have a history of conservative rulings on topics ranging from immigration to abortion. Student-loan…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The author, left, with his wife. Joseph Lalonde Many people with debt…