Social Security Trust Funds To Run Dry 1 Year Earlier Than Projected; Benefits To Drop By 19%
The Social Security Board of Trustees said in an annual report that Social Security Trust Funds, comprising Old-Age and Survivors Insurance and Disability Insurance, will have revenue to pay all scheduled benefits only until 2034, which is one year earlier than previous projections.
NBA Unanimously Approves Sale of Timberwolves and Lynx for $1.5 Billion
The NBA has approved the $1.5 billion sale of the Timberwolves and Lynx to Marc Lore and Alex Rodriguez, marking a new era for Minnesota basketball.
Why Fast Withdrawals Matter in Online Casinos
In today's competitive casino market, fast withdrawals are no longer a luxury—they're a key factor in player satisfaction, trust, and long-term retention.
Uber Stocks Sees Surge: How Its Latest Robotaxi Launch at Atlanta Help Boost Investor Confidence
The bullish momentum brings Uber close to its 52-week high of $93.60 (£68.70), signalling investor confidence and intense buying pressure.
Markets On Edge As Israel-Iran Ceasefire Collapses But Trump Declares It Still Holds
The U.S. dollar has strengthened slightly amid renewed demand for safe-haven assets, and the 10-year Treasury yield has declined modestly.
FedEx Set To Report Q4 Earnings Today; Investors Eye Cost Cuts, Trade Pressure
Analysts are forecasting an adjusted earnings per share (EPS) of around $5.88, slightly up from the same period last year.
A Hedge Fund Manager's Staggering Rise and Fall
In 2019, following stints at hedge funds Citadel LLC and Schonfeld Strategic Advisors, Blotnick launched his own fund: Brattle Street Capital LLC, named after the street he grew up on in Cambridge....
Financial Technologies: The Most Lucrative Segments Within The Industry
Over the past 10–15 years, fintech has grown from a niche industry to a powerful transformative driver in the global economy. Financial technologies have penetrated into many areas of human activity,...
Jun 25, 2025 8:33 AM EDT
Featured Stories
ICE Is Already $1 Billion Overbudget And Could Run Out Of Cash Next Month
ICE is already $1 billion overbudget and could run out of cash as soon as next month, according to a new report
Trump Administration Halts Federal Grants And Loans Pending Comprehensive Review
Trump's executive order pauses federal grants and loans, sparking debate over spending priorities, legal challenges, and potential disruptions nationwide.
Tech Titans Face Unprecedented Losses Amid DeepSeek's AI Breakthrough
DeepSeek, a Chinese AI startup, has sent shockwaves through global tech markets with its groundbreaking AI model, triggering a $1 trillion selloff in U.S. stocks.
Business News
Microsoft And Meta CEOs Defend Substantial AI Investments Amid DeepSeek's Market Disruption
Jan 30, 2025 11:01 AM EST
Strait of Hormuz Explained: The Key to Global Energy Security
The Strait of Hormuz carries 20% of global oil daily, but Iran's threats to close it amid 2025 tensions could push prices to £80 ($100) per barrel. Learn why this waterway is critical and what's at stake.
Neuroscience of Crypto Trading: Why the Brain Loves Meme Coins
As humans, the brain is wired to pursue the excitement of uncertainty. You're designed to chase the highs of the unknown. Meme coins provide uncertainty in ways that other cryptocurrencies and trading couldn't. Discover the neuroscience behind why the brain loves trading meme coins.
$1000 Monthly Stimulus Cheque Planned for the US in 2025? Who Qualifies and What's the Mechanism?
California's Abundant Birth Project offers £800 ($1000) monthly to pregnant women, tackling financial stress and improving birth outcomes. Learn who qualifies and how it works
World
With Over $100M Funded, Emperio Capital Emerges as the Go-To Growth Engine for Scrappy Entrepreneurs
Many high-growth entrepreneurs find themselves stuck in a capital bottleneck, from document-heavy applications to endless underwriting delays, that threatens to derail momentum before it even starts. Emperio Capital is quietly rewriting the rules of startup finance.
Markets
Meta Makes Major AI Move With $14.3 Billion Stake in Scale, Hires CEO
Meta invests $14.3B in Scale AI and brings CEO Alexandr Wang onboard to lead its superintelligence efforts.
Tech
Personal Finance
U.S. Treasury Department Reveals 'Los Chapitos' Money-Laundering Network in Mazatlán
In the wake of the sanctions issued by the U.S. against 'Los Chapitos,' government officials discovered a money laundering network linked to the group.
Life
Social Security Official Wants More AI Use in the Agency Despite Some Reports of Bots Being Unhelpful
Social Security chief Frank Bisignano is pushing ahead with expanded AI use and tech reforms, despite mixed results and concerns.
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