A struggling technology company that has ties to China and relies on TikTok made an unusual announcement this week. It had secured funding to buy as much as $300 million of $TRUMP, the so-called memecoin marketed by President Trump.
GD Culture Group, a publicly traded firm with a Chinese subsidiary,
» Read more about: Tiny Company With China Ties Announces Big Purchase of Trump Cryptocurrency »
A masked gang have tried to abduct the daughter and young grandson of a cryptocurrency chief in Paris, but after a violent struggle, they drove off empty-handed.
The botched kidnap bid was captured on video by an onlooker in Paris’s 11th district, in the east of the French capital.
Police sources said the woman was the daughter of a cryptocurrency company boss.
» Read more about: Cryptocurrency boss’s daughter escapes kidnap gang in Paris street »
With April’s inflation report coming in below forecasts, the Trump economy appears to be defying analysts’ and politicians’ predictions of collapse in the wake of his “Liberation Day” tariffs and subsequent trade negotiations. As Trump adds more notches to his belt in deals with key trade partners, the stock market has rebounded to pre-tariff levels,
Yahoo Finance’s Josh Schafer reports:
April’s Consumer Price Index (CPI) is expected to show the first clear signs of inflationary impacts from President Trump’s tariffs.
The report, set for release at 8:30 a.m. ET on Tuesday, will greet investors less than 24 hours after markets soared on news the US and China have placed a 90-day pause on a wide swath of tariffs between the two countries.
Welcome to my column, Young & Invested, where I discuss personal finance and investing for Gen Z and Millennials.
This column aims to be a resource for young investors navigating an ever changing financial, political and social landscape as they try to build wealth.
Recipients are receiving Social Security payments later than usual in May. Here’s why.
CHARLOTTE, N.C. — Some people may get their Social Security checks later this month.
Verify’s gotten a lot of questions as to why Social Security benefits are being delivered later in May.
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» Read more about: Dow Jones Industrial Average pares early-week gains on Tuesday »
NEW YORK (AP) — Most U.S. stocks rose Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month.
The S&P 500 climbed 0.7 percent, coming off an even bigger gain to start the week after the United States and China announced a 90-day pause in their trade war to allow for negotiations.
Treasury yields come back from morning weakness and rise again as some analysts spot potential signs of inflationary impact from tariffs under the hood of the benign April CPI report.
The next major inflation data, the producer price index, will arrive Thursday. Economists surveyed by WSJ expect the monthly PPI to be a positive 0.3%,
» Read more about: Stock Market News: S&P 500 Turns Positive on the Year »
