Former President Joe Biden didn't hold back at a recent Nebraska Democratic Party event. He accused President Donald Trump of causing significant harm to democracy. Biden used Trump's renovation of the White House as a metaphor, saying it symbolized Trump's approach to governance. He claimed Trump had damaged the Constitution and the rule of law. Biden also mocked T...
The government shutdown is now in its 38th day, and things aren't looking good. Senate Republicans have turned down a proposal from Democrats to reopen the government and extend healthcare subsidies for a year. They said it wasn't good enough. Senate Democratic Leader Chuck Schumer made the offer, but Republicans weren't having it. They want the government open first...
October saw a massive influx of money into US exchange-traded funds (ETFs), with a record-breaking $166 billion in net new assets. This surge was led by Vanguard, which had its best month ever, pulling in over $50 billion. The largest share of these inflows went into US stock ETFs, with large-blend ETFs capturing the most attention. Vanguard's S&P 500 ETF, VOO, was ...
The Secretary of Homeland Security, Kristi Noem, recently spoke at The Citadel, a military college in South Carolina. She was there to talk to cadets about jobs in the federal government, especially in homeland security. She said that working in this area is more than just a job; it's a commitment to serving the country. Noem pointed out that over 23 federal agencie...
Hedge funds had a strong month in October. Citadel's main fund, Wellington, saw a 1. 8% increase. This brought its yearly performance up to 6. 8%. Citadel's other funds also did well. The Tactical Trading fund gained 2. 7% in October and 13. 4% for the year so far. The Global Fixed Income fund rose by 1. 1% in October and 7. 3% for the year. Other big hedge funds li...
MEXC, a top global crypto exchange, has shared its latest security report. It covers September and October 2025. The report shows how MEXC keeps user funds safe. It also talks about how the exchange works with law enforcement to stop illegal activities. MEXC uses a strong Proof of Reserves system. This means user assets are fully backed. Users can check this data on...
Kazakhstan is making a bold move into the world of cryptocurrency. The country's government is thinking about using some of its National Fund assets, along with gold and foreign exchange reserves, to create a crypto reserve. This isn't just a small experiment. They're talking about investing between $500 million and $1 billion. That's a lot of money! The idea was sh...
Elon Musk, the CEO of Tesla, has picked April 1, 2026, as the unveiling date for the second-generation Tesla Roadster. This announcement came during Tesla's annual shareholder meeting, nearly nine years after Musk first talked about this high-performance electric supercar. Choosing April Fool's Day for the reveal seems like a joke, but Musk said it gives him some "de...
The U. S. Army is planning a massive increase in drone production. They want to buy at least one million drones in the next few years. This is a huge jump from the current rate of about 50, 000 drones per year. The Army is learning from the war in Ukraine. Both Ukraine and Russia are using small, cheap drones effectively. These drones are proving to be very useful i...
Tesla shareholders have given the green light to a massive pay package for Elon Musk, potentially worth up to $1 trillion. This isn't just a big payday for Musk; it's a huge bet on Tesla's future. To earn this massive payout, Musk and Tesla have to hit some serious targets. First, the company's market value needs to reach $2 trillion. Then, Tesla has to deliver its ...