The Trump family's financial portfolio has taken a serious hit, losing about $1 billion in recent months. This drop is largely due to the declining value of cryptocurrencies, which the family has heavily invested in. According to Bloomberg News, their net worth has gone from $7. 7 billion to $6. 7 billion since September. One of the biggest losses came from Trump Me...
The Trump family jumped into the world of cryptocurrency with World Liberty Financial, a decentralized finance platform. This venture, co-founded by Donald Trump and his three sons, launched in September 2024. The platform created 100 billion $WLFI tokens, with a big chunk—22. 5 billion—going to DT Marks DEFI LLC, a company where Trump holds a 70% stake. The $WLFI t...
In the world of digital money, some companies bet big on Ethereum. One such company, BitMine, aimed to own a big chunk of Ethereum, thinking it was a safe bet. But now, Ethereum's value has dropped a lot, and BitMine is facing huge losses. This isn't just a problem for BitMine; it's a sign of bigger issues in the world of companies that invest in digital money. BitM...
Ford is thinking hard about dropping its electric F-150 Lightning pickup. This news comes after they stopped making it earlier this year due to a fire at an aluminum plant. Now, they're focusing more on gas and hybrid trucks because they make more money and don't need as much aluminum. The F-150 Lightning is part of Ford's electric vehicle division, Model e, which h...
The crypto world is buzzing with talk of lawsuits after a massive market crash wiped out $600 billion in just half an hour. This sudden drop left many investors reeling, with 1. 7 million wallets facing forced liquidations. In the aftermath, some are considering legal action against centralized exchanges (CEXs). Victims are gathering online to discuss their options....
A rock band's reunion tour turned into a nightmare when things got too heated on stage. Jane's Addiction, a legendary alt-rock band, is now split up because of a fight between band members. Dave Navarro, Eric Avery, and Stephen Perkins have taken legal action against their frontman, Perry Farrell. They say he attacked Navarro during a concert in Boston. This fight en...
Two brothers from Ypsilanti were caught in a tricky online scam. They bought stuff from many online stores and then tricked the stores into giving them money back. But they didn't send the items back. Instead, they sent empty boxes or fake items. They kept the real stuff and sold it for profit. The brothers used fake names and special tools to hide their identity. T...
McDonald's and Krispy Kreme are calling it quits. The two big names in fast food and sweets teamed up last year, but it didn't work out like they hoped. Krispy Kreme donuts were sold at over 2, 400 McDonald's spots, but the numbers weren't adding up for both sides. McDonald's says they were selling the donuts, but Krispy Kreme wasn't making enough money. The plan wa...
In China, older adults are increasingly falling prey to online health scams. These scams are causing serious financial damage. This is a big deal. It's important to understand why this is happening and how to stop it. To do this, researchers are using a theory called Routine Activity Theory (RAT). This theory helps explain why certain people become victims of crime. ...
Burberry, the famous British fashion brand known for its iconic check pattern, is making significant changes. The company plans to cut around 1, 700 jobs by 2027. This move is part of a broader strategy to reduce costs. The news came out on a Wednesday, when the company also reported a £66 million loss for the previous financial year. The job cuts will affect nearly ...