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Billionaire investor Mark Cuban says Social Security is being weakened in ways that could leave seniors with less without officially reducing their benefits. He started raising the alarm a year ago, shortly after the Trump administration took office. “The administration is removing phone support for Social Security recipients,” he warned on BlueSky last March. “[This…

Berkshire Hathaway (NYSE:BRK-A), one of the renowned conglomerates formerly led by investor Warren Buffet has made a few significant moves in the fourth-quarter. As companies file their 13F, we get an insight into where the billionaires are investing their money.  Buffett is known for identifying stocks before they peak and making the most of their…

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© FT montage/Getty Images Elite New York M&A advisory boutique Centerview Partners has settled a lawsuit from a former analyst who was fired after saying she needed eight to nine hours’ sleep per night. The bank has reached an agreement with Kathryn Shiber on the eve of going to trial, in a case that would…

Plenty of observers already had doubts that, as Donald Trump put it on President’s Day, the U.S. has entered a “new golden age of prosperity.” Now, with the Supreme Court ruling negating a wide swath of the Trump tariffs, an already gloomy outlook has suddenly become much darker. The new 10-year budget forecasts from the…

Phoebe Gates wants to build her AI shopping company while keeping one thing out of her pitch deck: her last name. The 23-year-old youngest daughter of billionaire Microsoft founder Bill Gates and philanthropist Melinda French Gates recently raised $35 million for Phia, which is now valued at around $185 million.  But she’s determined for the…

Illustration by Tag Hartman-Simkins / Futurism. Source: Harun Ozalp / Anadolu via Getty Images Being one of the most despised men in America does come with a few downsides, it turns out. As Elon Musk is set to stand trial in San Francisco’s federal court for allegedly manipulating Twitter’s stock, his legal team is discovering…

While it’s clear that the business has significant upside, what about the stock price? Shares of chipmaker Nvidia (NVDA +1.02%) have been one of the clearest ways to play the artificial intelligence build-out. And investors who foresaw this have profited. The stock is up more than 750% over the past three years as companies turned…

Latham has been aggressively hiring lawyers to catch up to Kirkland & Ellis © Handout Two partners at Wachtell Lipton, the New York-based corporate law powerhouse, have left for Latham & Watkins as a war for talent intensifies in a busy market stoked by the Trump administration. Mark Stagliano, a mergers and acquisitions specialist, and…

For the grandson of the inventor of the Reese’s Peanut Butter Cups, all it took was one bite of a Valentine’s Day Reese’s Mini Heart to leave him, well, heartbroken. “It didn’t taste like milk chocolate,” Brad Reese told NBC News. “It tasted cheap.” Reese said he looked at the front of the package and…

The sad truth is that there is no money.  Trump wowed his faithful with promises of enormous riches. Savings accounts for kids. Big payments to farmers. Improbable new battleships. Tax cuts.  Whatever anyone wanted under their Christmas tree, Trump’s tariffs promised to provide.  Now, the promises won’t be delivered, and Americans are left to repay an…

Artificial intelligence (AI) company Anthropic has begun to roll out a new security feature for Claude Code that can scan a user’s software codebase for vulnerabilities and suggest patches. The capability, called Claude Code Security, is currently available in a limited research preview to Enterprise and Team customers. “It scans codebases for security vulnerabilities and…

Jerome Powell has been a friendly neighbourhood Fed Chairman to the White House, despite the criticism and insults President Trump has levelled against him. That’s because while Powell may not have yielded to pressure from the White House to lower the base rate, the Fed, under his direction, has dutifully continued to buy Treasury debt….

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It’s been a bitterly cold winter, and millions of Americans are struggling to pay for heat.  Harrison Pyros, a young professional in Washington, D.C., shares an apartment with four roommates and still feels squeezed. “A lot of us work from home, so it’s uncomfortable to be bundled up and at your computer,” Pyros told MS…

Blue Owl Capital’s (OWL) announcement this week that it would sell $1.4 billion in loans to raise liquidity for investors in a retail-focused private credit fund has triggered alarm bells across financial markets, with more than one prominent analyst drawing direct parallels to two Bear Stearns hedge fund collapses that foreshadowed the 2008 financial crisis…

Bitcoin BTC$67,597.10 brushed aside a volatile round of U.S. tariff headlines on Friday, inching toward $68,000 and altcoins modestly bouncing. The day began with the U.S. Supreme Court ruling President Donald Trump’s global tariff rollout illegal. The decision did not clarify what should happen to tariff revenue already collected, and it doesn’t necessarily spell the…

New York  —  Attention, Topo Chico fans: Brace yourself for a possible shortage that could stretch into the summer. Coca-Cola, which owns the carbonated mineral water brand, said the flagship product sold in glass bottles is “temporarily unavailable” in the United States because of “facility upgrades at the water source and production facilities in Mexico,”…

Allison Robbert/Pool via AP Nobody likes meEverybody hates meGuess I’ll go eat worms! – 20th century children’s song Elon Musk may have been contemplating snacking on a few earthworms after a brutal treatment by a jury pool in San Francisco, with almost half of the prospective jurors being disqualified because they declared their hatred for…

Rising payment fraud has pushed security specialists to propose a surprisingly simple countermeasure: a discreet sticker on your bank card. The tactic is low-cost yet potent, and it adds friction where criminals prefer ease. By obscuring what thieves need to see, this small addition creates a barrier that most opportunists simply won’t cross. Why a…