The Trump family is making waves in the banking world. President Trump is working on big changes for Fannie Mae and Freddie Mac, aiming to take them out of government hands. Meanwhile, he's also been teasing Goldman Sachs CEO David Solomon about the bank's predictions on tariffs. But it's not just
A heated exchange unfolded online when President Donald Trump took to his Truth Social platform to criticize the Wall Street Journal's editorial board. The board had been vocal about their disapproval of Trump's tariff policies, even nicknaming him "Tariff Man" in their opinion pieces. Trump fired b
Spotify, the popular music streaming service, recently had a rough day on the stock market. The company's shares dropped over 11%, marking their worst performance since July 2023. The main issue? They didn't meet the financial goals set by Wall Street analysts. Let's break it down. Spotify's revenu
Bitcoin's value recently hit an all-time high of over $120, 000, sparking interest from traditional investors. One new way to invest in Bitcoin is through companies that hold it as part of their treasury. Jack Mallers, CEO of Twenty-One Capital, believes these companies are a better option than cryp
Nvidia, the AI chip powerhouse, saw its shares reach a new peak on Wednesday, climbing to $154. 31 each. This marks a 4. 3% increase from the previous day's close, pushing the company's total value to $3. 76 trillion. This makes Nvidia the most valuable company globally, surpassing tech giants like
The Federal Reserve is thinking about making it easier for big banks to hold onto certain types of investments. This change could free up around $223 billion for some of the largest financial institutions in the country. The rule in question, known as the enhanced supplementary leverage ratio, was
The "TACO trade" is a new buzzword on Wall Street. It stands for "Trump always chickens out. " This term is used to describe a pattern in the market. The market drops when Trump threatens to raise tariffs. Then it bounces back when he delays or reduces these threats. This term was first used by a fi
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 mill
Investors in Tesla have been on a wild ride lately. The electric car giant, once a darling of Wall Street, is now facing some serious headwinds. It all started with a few key analysts changing their tunes. They began lowering their price targets for Tesla's stock, citing concerns about the company's
James Spader's career is marked by his ability to play complex characters. One of his early roles that showcased this talent was in the 1987 film "Wall Street. " This movie is famous for its portrayal of the dark side of American finance. It introduced the world to the ruthless banker Gordon Gekko,
