In an unexpected twist to an already controversial case, Ghislaine Maxwell, the former confidante of convicted sex offender Jeffrey Epstein, is seeking to overturn her 20-year imprisonment for sex trafficking. This appeal comes not only amid mounting public scrutiny but also coinciding with the imminent release of critical documents pertaining to Epstein’s extensive web of…
It’s always fun to imagine what might happen to certain private valuations if they were ever exposed to the glare of public markets. Today, we have a chance to gawk at the reality. Let’s recap a saga that Alphaville has been idly following but not yet covered (it’s been a busy year, OK). Bluerock is…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 17, 2025. Brendan McDermid | Reuters Stocks declined on Wednesday as investors continued to rotate out of key artificial intelligence names, sparked by a report that Oracle’s primary investor pulled out of one of its data center projects….
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mixed Wednesday as investors parsed Japan’s trade data. Japan’s exports in November grew 6.1% year on year, data from the country’s finance ministry released Wednesday showed….
A woman who allegedly pushed razor blades into loaves of bread at two Biloxi, Mississippi, Walmart stores has been arrested A woman who allegedly pushed razor blades into loaves of bread at two Biloxi, Mississippi, Walmart stores was arrested on Tuesday. Camille Benson, 33, of Texas, has been charged with attempted mayhem. Her bond is…
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla electric vehicles (EV) in front of the company’s store in Colma, California, US, on Monday, Nov. 10, 2025. David Paul Morris | Bloomberg | Getty Images A California administrative law judge has ruled that Tesla’s marketing around its “Autopilot” and “Full Self-Driving” systems was…
As the countdown to the year-end deadline progresses, the fate of crucial federal healthcare subsidies hangs in the balance, reflecting ongoing tensions within U.S. politics. A recent showdown in the House of Representatives illustrates a split among Republicans, with centrist members breaking ranks to support an extension of the Affordable Care Act (ACA) subsidies, which…
Elon Musk just woke up $168 billion richer. Even as the wealthiest man in the world, he is still setting new records and raising the bar for what ultra-wealthy looks like. The serial CEO’s net worth shot up to $638 billion on Monday, making him the first person estimated to be worth more than $600…
Ken Griffin on Tuesday declined to back any one candidate as Fed chair © Chandan Garner/AFP via Getty Images Citadel’s chief executive Ken Griffin has called for Donald Trump to create “distance” between the Federal Reserve and the White House, highlighting investor angst that the US president will pick a close ally to chair the…
Micron (MU) shares have been on quite a run as they head into Wednesday afternoon’s earnings report. The stock is up nearly 180% year to date and made a new 52-week high just last week when it traded as high as $264.75. From that recent peak, shares have fallen over 10%, and traders hope earnings…
The offering has been closely watched on Wall Street as a gauge of the health of the $4tn private equity industry © Medline Private equity-owned medical supply group Medline Industries jumped 41 per cent in its Wall Street debut on Wednesday after raising $6.3bn in the biggest initial public offering of 2025. Medline’s share price…
Jared Kushner’s private equity firm says it is dropping out of the group of firms that planned to back Paramount Skydance’s hostile takeover bid for Warner Bros. Discovery. “With two strong competitors vying to secure the future of this unique American asset, Affinity has decided no longer to pursue the opportunity,” a spokesperson for the company led by President Donald Trump’s son-in-law said in a statement…
As global trade negotiations evolve, the anticipated trade agreement between Mercosur and the European Union hangs in the balance, reflecting the complex interplay of national interests and economic aspirations. Brazilian President Luiz Inacio Lula da Silva has issued a stern ultimatum, emphasizing the urgency of securing this deal, which has implications that extend beyond simple…
As the political landscape in the United States continues to evolve, former President Donald Trump is preparing to address the nation from the Oval Office. This upcoming address is poised to not only reflect on his previous achievements but also to outline his priorities for 2026, signaling a strategic move as he mobilizes his supporters…
Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images U.S. Treasury yields fell slightly Tuesday after the latest jobs report showed a mixed picture of the U.S. economy. The benchmark 10-year Treasury yield moved more than 3 basis points lower to 4.151%….
SEATTLE (BRAIN) — Rad Power Bikes filed for Chapter 11 bankruptcy protection Monday in advance of completing a sale of the company and less than a month after it said it could not afford a recall on some of its older lithium-ion batteries that the Consumer Product Safety Commission deemed unsafe. Filed in the U.S….
A Kalshi billboard showing US election odds across from the Nasdaq MarketSite in New York on November 6, 2024 © Bloomberg Prediction markets have ballooned 130 times in size over the past two years, as users have flocked online to make wagers on events in sports, politics and popular culture. Bets placed on online platforms…
London — Plans to ban the sale of new combustion engine cars in the European Union by 2035 have been thrown into turmoil after pressure from car manufacturers. On Tuesday, the European Commission proposed applying the ban, approved in 2023, to only 90% of vehicles, down from 100%. This means the remaining 10% of new…
In a pivotal moment for U.S. politics, Special Counsel Jack Smith recently defended his prosecutions against former President Donald Trump during a closed-door hearing with the House Judiciary Committee. As scrutiny intensifies in the face of a contentious electoral climate, Smith’s testimonies not only underscore the gravity of the allegations against Trump but also highlight…
Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s Biotech Scorecard. You can reach Adam on Signal at stataf.54. In an exceptional year for…
Social Security benefits are likely to lose purchasing power next year despite a historic cost-of-living adjustment (COLA). Inflation has increased in every month since President Trump’s baseline tariff took effect in April. Accordingly, Social Security benefits will get a historic 2.8% cost-of-living adjustment (COLA) next year, which means the average retired worker will receive an…
Message From the CEO, Bruce Flatt Owning Change in a Transforming World Private markets continue to grow as investors recognize the role that private assets can play to help them meet their long-term goals. Investors increasingly understand that essential infrastructure, renewable energy, real estate and other real-asset businesses offer enduring value through stability, inflation resilience…
Roblox users showed up in greater numbers than ever before this year, sharing their experiences with such passion that the impact was felt internet-wide. Roblox content hit 1 trillion all-time views on YouTube, and in July and August, one of every five game-related videos posted on TikTok mentioned Roblox globally. With 88.7 billion hours engaged,1…
Based on Hunterbrook Media’s reporting, Hunterbrook Capital is short $RDNT at the time of publication. Positions may change at any time. See full disclosures below. RadNet’s much-hyped AI business is a sideshow. Less than 5% of the medical imaging company’s revenue — about $65 million out of $1.5 billion in the first nine months of…
The ongoing conflict in Yemen has taken a new turn as the Southern Transitional Council (STC) makes significant military advances in the eastern governorates of Hadramout and al-Mahra. These developments underscore the complexity of Yemen’s multifaceted war, illustrating how various factions vie for control, resources, and representation, thus creating a fragmented landscape that complicates the…
In the face of escalating tensions over pay and job availability, resident doctors in England have launched a substantial five-day strike, marking a pivotal moment in the ongoing struggle for better working conditions within the National Health Service (NHS). This strike not only underscores the vital role doctors play in healthcare delivery but also highlights…
Micron Technology, Inc. (NASDAQ:MU) is one of the best affordable AI stocks to buy now. On December 12, Stifel raised its price target on Micron (NASDAQ:MU) to $300, up sharply from $195, and reiterated its Buy rating. The firm pointed to accelerating demand for AI infrastructure as a key inflection point for the industry, noting…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York — It’s getting harder to escape slop, the artificial intelligence-generated pablum that has crept into our colleagues’ slide decks, our social media feeds, our news outlets, even our real-estate listings. “Slop…
The United States’ current borrowing trajectory will place an “undue burden on future generations,” an economic think tank has warned, with younger generations facing a higher interest rate environment, slower economic growth, and stalling wage increases. The latest research from the American Action Forum chimes with concerns across both the public and private sectors. JPMorganChase…
NEW YORK — Stocks are drifting on Wall Street following mixed data on the U.S. economy, which did little to clear up uncertainty about where interest rates may be heading. The S&P 500 slipped 0.1% in early trading Tuesday. It’s a bit below the all-time high it set last week. The Dow Jones Industrial Average…
Kraft Heinz is in the process of separating into two groups in an effort to jump-start growth © Reuters The packaged foods industry is undergoing a leadership shuffle as Kraft Heinz hired a new chief executive from Kellanova and said its current CEO would no longer have a management role when a planned split in…
A job seeker speaks with a recruiter at the KeySource booth at the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena in Sunrise, Florida, on April 30, 2025. Joe Raedle | Getty Images Nonfarm payrolls grew slightly more than expected in November but slumped in October while unemployment hit its highest…
National Economic Council Director Kevin Hassett, one of the finalists for the Federal Reserve chair job, showed support Tuesday for central bank independence. With President Donald Trump apparently in the final days of picking a successor to Jerome Powell at the Fed, Hassett declined in a CNBC interview to directly address his own candidacy but…