The Latest Breaking News from Benzinga

An advisor to the Trump family-backed cryptocurrency platform World Liberty Financial placed a risky long bet on Avalanche (CRYPTO: AVAX) following the announcement of the first publicly traded AVAX-focused treasury company. 

Venture capitalist Chamath Palihapitiya sounded the alarm this week, arguing that young Americans face a convergence of financial and cultural crises that could leave them vulnerable to the grip of social media algorithms.

A leading Managed Care Analyst at Baird, Michael Ha, has a warning against UnitedHealth Group Inc.’s (NYSE:UNH) prized Optum Health division, which he believes could see headwinds as a result of recent government changes to Medicare Advantage risk coding.

Economist Peter Schiff said Tuesday that Bitcoin (CRYPTO: BTC) was in a bear market and has failed to live up to its “hype” as a “Digital Gold.”

U.S. gold reserves have plummeted to their lowest level in 90 years, a stark contrast to the rest of the world’s central banks, which are accumulating the precious metal at a pace not seen in nearly half a century.

Sen. Edward Markey (D-Mass.) has raised concerns about the actions of U.S. Energy Secretary Chris Wright and his alleged bias towards a nuclear power company, Oklo Inc. (NYSE:OKLO).

Amid growing speculation about a potential market bubble, Federal Reserve Chair Jerome Powell acknowledged that “by many measures… equity prices are fairly highly valued”. His comments on Tuesday came as multiple key valuation metrics reached levels not seen since the dot-com crash.

Tara Reade, a former Senate aide who accused then-Sen. Joe Biden of sexual assault during the 1990s, said Monday she has become a Russian citizen, announcing the move in a post on X and thanking Vladimir Putin for granting her asylum and citizenship. Russian media and an official decree listed…

On Tuesday, Sen. Elizabeth Warren (D-Mass.) accused two of the nation's largest TV station owners of potential corruption for blocking Jimmy Kimmel's late-night show while seeking regulatory approval from the Donald Trump administration.