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
MrBeast, the top YouTuber, is not just about videos anymore. The company behind him, Beast Industries, is diving into financial services. This news came from the CEO, Jeffrey Housenbold, at a recent event. The company wants to launch a financial platform under the name MrBeast Financial. It will of
Fanatics, a major player in sports merchandise, is stepping into the online betting arena. The company is rolling out its new prediction platform in 24 states, including big names like Texas, California, and Florida. This isn't just about sports; users can also bet on finance and culture. The platfo
A new savings plan called "Trump Accounts" has been introduced. It aims to help families save for their children's future. The government will give $1, 000 to each child born between 2025 and 2028. Families can add up to $5, 000 each year. Employers can also contribute up to $2, 500. The money must
In the past, bagmen were shady characters in movies, carrying stolen goods. They had to be careful not to attract attention. But times have changed. Now, you can get a bag of cash delivered to your door. It's like having your own personal ATM. Robinhood, a company that helps people invest in stocks
Binance has introduced a new app called Binance Junior. It is designed for kids aged 6 to 17. Parents can use it to teach their children about cryptocurrency. The app is linked to the parent's main Binance account. This allows adults to control how much money their kids can spend or transfer. The a
Super Micro Computer, Inc. (SMCI), a major player in the tech world, is facing some tough times. Based in San Jose, California, SMCI is known for making high-performance servers and storage solutions. With a market cap of $19. 9 billion, it's definitely a big fish in the tech pond. But lately, its s
InPlay Global is shaking up the world of sports and finance. They're creating a new kind of investment called Performance Securities. These will let people trade shares in sports teams, much like stocks. The idea is to make sports teams into something you can buy and sell, just like companies on the
Wall Street is buzzing about Credo Technology, a company specializing in high-speed solutions. The excitement comes after Credo reported impressive results and guidance that surpassed expectations. The company's growth is fueled by a booming market for active electrical cables. Analysts are taking
America's financial literacy is lacking, and the system isn't helping. Many people struggle with retirement planning, home buying, and other big money decisions. The shift from pensions to 401(k) plans has made things more complicated. Harvard's John Campbell and Imperial College London's Tarun Rama
