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Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin11:24 A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better. Are the ‘MANGOS’ Stocks Already Turning Soft?11:24 Wall Street loves an acronym. The latest one stands for Meta, Anthropic, Nvidia and three other companies at the center of the artificial intelligence boom. The Rise of Racetrack Country Clubs: ‘Racing Is Golf on Steroids’11:24 A motorsports club north of Miami, on former orange groves, is being built to cater to enthusiasts and well-heeled novices eager to hit the gas and pull some Gs. David S. Doty, Judge Who Helped Shape the Modern N.F.L., Dies at 9621:37 He presided over the 1993 agreement that led to free agency and the salary cap, and for years oversaw the league’s disputes with its players. Why Some Banks Still Charge High Overdraft Fees3.července Congress scrapped a rule last year that capped how much banks could charge if you spent more than was in your account. Now, banks’ revenue from the fees is rising. Will Late-Night TV Work on YouTube?3.července Julian Shapiro-Barnum, best known for a social media series called “Recess Therapy,” has started an online-only late-night show. Why One Global Shipping Choke Point Isn’t a Blueprint for Another3.července The Strait of Malacca may be a model for how Oman and Iran could collect fees in the Strait of Hormuz, but the differences between the waterways are vast. The Hottest Stock Markets Lead to the Biggest Losses3.července Investor enthusiasm culminated in some of the worst cases of wealth destruction in the last 100 years, a long-running study shows. Egg Producers to Pay $3.3 Million to Settle Federal Price-Fixing Lawsuit3.července The companies also agreed to donate more than 53 million eggs to food banks and nonprofits in 17 states that joined the federal government in the antitrust action. Less Than 10 Percent of Eligible Children Have Trump Accounts2.července More than six million have been signed up for the investment accounts, which open for contributions July 4, but there are barriers to uptake. US Job Market Makes Slower but Steady Gains, June Employment Data Shows2.července Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy. As U.S. Faces Extreme Heat, Data Centers Are Ordered to Use Backup Power to Prevent Blackouts2.července As triple-digit heat engulfs much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused. What Private Credit Is, and Why Investors Are So Worried About It2.července Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back. Private Credit Can’t Stop the ‘Freak Out’2.července On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds. Labor Market Not a Source of Inflationary Pressure, Latest Report Shows2.července The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation. |
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