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 ...

Vice President JD Vance is set to speak at the Bitcoin 2025 Conference in Las Vegas. This event is a big deal, showing how much the Trump administration is getting involved with cryptocurrency. It's a stark contrast to the past, where Bitcoin was seen as a fringe idea. Vance has been a supporter of cryptocurrencies for a while. He owns a significant amount of Bitcoin...

Special Purpose Acquisition Companies, or SPACs, are making a comeback. These investment vehicles, which were popular during the pandemic, are back in the spotlight. This time, they come with a twist. Many of the latest SPAC deals have ties to former President Donald Trump or his associates. So, what are SPACs? They are shell companies that raise money through an in...

A major shakeup is happening on Wall Street. Howard Lutnick, who is now the commerce secretary, is selling his shares in two big companies. He is doing this to follow the rules set by the U. S. government. The two companies are BGC and Newmark. Lutnick is selling his shares for a total of $361 million. He is selling $234 million worth of shares in BGC and $127 milli...