Trump Media has taken a big step into the world of cryptocurrency. They've filed papers with the U. S. Securities and Exchange Commission to launch a new fund called the Truth Social Crypto Blue Chip ETF. This fund will invest in major cryptocurrencies like Bitcoin, Ether, Solana, Cronos, and Ripple
Trump's recent move to impose new tariffs on 14 countries didn't shake up global markets as much as expected. The president announced tariffs ranging from 25% to 40% on goods from countries like Japan, South Korea, and others, set to start on August 1. But markets in Asia and Europe barely reacted.
SoFi Technologies is making waves in the financial world, with its stock price climbing 36% in 2025. This surge is driven by two major factors: changes in crypto regulations and student loan policies. First, let's talk about crypto. The Office of the Comptroller of the Currency (OCC) has issued som
The latest report from Deloitte's CFO Signals survey paints a picture of finance leaders treading carefully in uncertain times. With a confidence score of 5. 4, down from 6. 4 in the previous quarter, it's clear that optimism is taking a backseat. The survey, which gathered insights from 200 finance
The U. S. dollar has taken a significant hit this year, dropping more than 10% in value. This is the worst decline since 1973, when President Nixon ended the gold standard. The dollar's fall is surprising because the U. S. economy is still strong. Some investors are worried that this drop could mean
In June, family offices, which manage wealth for the ultra-rich, stepped up their investment game. They made 60 direct investments in companies, a jump from May's 47 deals. However, this is still a 40% drop compared to last year. Despite the overall decline, biotech and healthcare were hot topics, w
Credit scores are getting an update. FICO, a major credit scoring company, is now including "buy now, pay later" (BNPL) data in some of their scores. This change could impact how lenders view your financial health. BNPL services are everywhere. They allow you to break down purchases into smaller pa
The U. S. is offering some sweet deals on car tax credits, but you need to act fast. If you're in the market for an electric vehicle, there are two main credits to consider. The first is the Inflation Reduction Act credit from the Biden administration, which gives you up to $7, 500 off a new electri
European markets are expected to kick off Thursday on a positive note. The FTSE 100 in London is predicted to rise by 0. 3%, reaching around 8, 799. Meanwhile, Germany's DAX and France's CAC 40 are both anticipated to see a 0. 2% increase, with the DAX at 23, 836 and the CAC at 7, 757. Italy's FTSE
The July 4 holiday saw a lot of people flying, but airlines are still not sure what the rest of the year will bring. Many flights are cheaper now, but that doesn't mean things are going well for the airlines. Domestic flights this summer cost about $265 round-trip. That's a bit cheaper than last ye
