The U. S. Defense Logistics Agency (DLA) is taking a step back to rethink its cobalt purchasing strategy. With cobalt prices surging by 50% since August, the agency is now reassessing its plans to stockpile this crucial metal. The DLA's initial tender, which aimed to purchase 7, 480 metric tons of c
A new savings initiative, called Trump Accounts, aims to help lower-income families build wealth. The program is part of a larger bill proposed by President Donald Trump. While the details are still unclear, financial experts have mixed opinions about its potential impact. Starting in 2026, the gov
The Trump family's financial ventures have hit a rough patch lately. Their assets aren't doing as well as the rest of the market. This is especially true for their crypto investments. Eric Trump's American Bitcoin (ABTC) took a big hit. It dropped almost 50% in early trading on Tuesday. By the end o
In recent times, politics has taken center stage in financial planning discussions. This shift comes as no surprise, given the recent government shutdown, fluctuating tariffs, and stock market ups and downs. A recent study by the CFP Board reveals that politics is now the top concern for many Americ
A financial expert recently shared his thoughts on the Giving Pledge. He pointed out that it was born out of fear during the 2008 financial crisis. Wealthy individuals wanted to avoid public anger. But, he argues, the Giving Pledge hasn't made much progress. He believes a new idea, called Trump Acc
Big tech companies are changing how they get money. They are now borrowing more instead of using their own cash. This is because they want to build data centers ready for AI. A top executive at Barclays said the biggest five tech firms might need almost $100 billion in 2026. This is a lot of money!
The natural gas market saw a significant boost on Wednesday, with prices climbing by 3. 20%. This surge was driven by forecasts of colder-than-average temperatures sweeping across the US, particularly in the Northeast and Great Lakes regions. The chillier weather is expected to last through the end
The finance world is changing. A big company, BlackRock, is now saying that tokenization could bring together old-school finance and new crypto ideas. BlackRock's boss and another top leader wrote about this. They think tokenization won't replace the old system soon. But it could help mix the two w
2025 was a year packed with hilarious finance moments that had everyone laughing and sharing memes. Let's dive into the top highlights that made waves in the finance world. First up, Bill Ackman's dating advice took the internet by storm. In November, the hedge fund manager shared his unique perspe
The U. S. financial watchdog, the SEC, has put a pause on reviewing new leveraged ETF applications. This includes those for crypto ETFs. They sent letters to nine companies, including ProShares, which already has some leveraged crypto ETFs out there. The SEC's main concern? These funds aim to give
