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As the United States ushered in a new administration, the crypto industry seized the opportunity to celebrate its growing influence. Leading the charge was President Donald J. Trump, who leveraged his inauguration weekend to capitalize on the booming digital asset market, generating billions in wealth for himself and his family with Trump’s Crypto.…

As the United States gears up for Trump 2.0, markets and industries are bracing for potential policy changes. The week ended on a positive note for U.S. stocks, marking the first weekly gain of 2025, with a mix of optimism and uncertainty shaping investor behavior. TikTok Ban Delayed Amid Merger Talks TikTok announced it is resuming services …

The Federal Deposit Insurance Corporation (FDIC) has filed a lawsuit against 17 former executives and directors of Silicon Valley Bank (SVB), accusing them of gross negligence and fiduciary duty breaches that led to the bank's collapse in March 2023. The lawsuit, filed in a San Francisco federal court, aims to recover billions of dollars linked to …

The Federal Trade Commission (FTC) has announced a five-year ban on General Motors (GM) from selling drivers’ behavior and geolocation data to consumer reporting agencies. This decision follows an investigation revealing that consumers were largely unaware their driving data was being shared with third-party data brokers. Investigation Reveals U…

SpaceX recently conducted its seventh test flight of the Starship launch vehicle, which is described as the most advanced and capable version yet with a fully reusable design. The test had both successes and setbacks, with the company successfully catching the first-stage booster but losing communication with the Starship spacecraft as it ascended …

The Department of Transportation (DOT) has filed a lawsuit against Southwest Airlines, accusing the airline of operating two flight routes with consistent delays in 2022, which resulted in 180 flight disruptions. Filed in the US District Court for the Northern District of California, the lawsuit seeks maximum civil penalties. The DOT claims Sout…

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against billionaire entrepreneur Elon Musk, alleging that he committed securities fraud in 2022 by failing to disclose his significant stake in Twitter within the required timeframe. This alleged secrecy allowed Musk to buy shares at lower prices, saving him approximately $150 mi…

Insurance Companies Under Fire Amid Wildfire Destruction Tyler Perry has strongly criticized insurance companies for canceling policies during the recent Los Angeles wildfires, calling the actions driven by greed and unfair to policyholders. As wildfires swept through Southern California, including the devastating Palisades Fire and Eaton Fir…

Rising Bond Yields Signal Investor Concerns The Republican Party’s agenda to extend and expand the tax cuts passed in 2017 under former President Donald Trump is drawing sharp criticism, particularly from the bond market. As President-elect Trump prepares to embark on his second term, Wall Street analysts and investors are raising concerns over …

Meta’s recent decision to end its fact-checking partnerships for Facebook and Instagram in the United States has raised concerns about increasing harmful content on social media. Many parents were already worried about their children being exposed to misinformation and harmful posts online. With Meta's announcement, the risk seems to be growing eve…