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The Latest Breaking News from Benzinga

This Tech Wiz Sold His Company For $1.6 Billion – Then Gave It All Away Because He Thinks Owning Super Yachts Is 'Obnoxious'

Imagine founding a tech company, selling it for $1.6 billion, and then giving all but $100 million of it to your favorite charities. It sounds far-fetched, but that's exactly what AppNexus founder Brian O’Kelly has been doing since he sold his company in 2018.

Benzinga

UREVO Pushes Into US Wellness Market With New Ecosystem, Expects 50% Sales Surge in 2025

UREVO, the home fitness and wellness company, is making a strong bet on the U.S. market with its new wellness ecosystem, forecasting about 50% sales growth in 2025. More than 55% of its total revenue already comes from the U.S., and this figure is expected to grow as demand rises.

Benzinga

Dave Ramsey Says Credit Card Companies Are 'The Cigarette Of The Financial World.' He Warns Against Taking Their Advice On Anything

Financial expert Dave Ramsey is unapologetic when it comes to the credit card industry. His message is consistent: credit card companies don't deserve your trust, and their advice is often designed to keep you in debt.

Benzinga

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Dan Ives Once Explained What's Wrong With You If You Dread Mondays, Here Is What The Investment Guru Said

Wedbush Securities tech analyst Dan Ives once said that passion, not prestige or money, should drive career choices — indicating that if Mondays feel like a burden, you're likely in the wrong profession.

Benzinga

DR Congo Prepares A New Cobalt Export System After Export Ban Recovers The Market

The cobalt export suspension from the Democratic Republic of Congo (DRC) will expire on October 15. The restriction, imposed in February, extended in June and again on Sunday, had a profound impact on the market price of battery metal, which recovered over 60% since February.

Benzinga

33-Year-Old Making $200K Buys $5K Gaming Setup With Her Own Money But Says Husband Accused Her of 'Financial Infidelity' And Demanded She Return It

If you thought marriage arguments over money only boiled down to who forgot to pay the power bill, think again. One Reddit user dropped a story in r/AmItheA**hole that has readers wondering if her husband's anger says more about control than cash.

Benzinga

Prediction Markets Put 66% Odds on US Government Shutdown, Raising Alarms for Businesses and Investors

Prediction markets are flashing warning signs that a U.S. government shutdown is far from a distant prospect. Data from markets suggest there is now roughly a 66% probability of a shutdown this year. That estimate comes in the wake of the Senate failing to pass a stopgap spending bill.

Benzinga

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Starting From Zero at 51: What to Do When You Have No Retirement Savings

It’s optimal to start saving for your retirement in your 20s and early 30s, but if you're just getting started in your 50s, it won't do any good to cry over spilled milk. A 51-year-old has no retirement and turned to Reddit (NYSE:RDDT) for advice.

Benzinga

iPhone Weather App From Apple Would Refuse To Display 69 Degrees Until Marques Brownlee Got It Trending Online

Apple Inc. (NASDAQ:AAPL) once patched a peculiar flaw in its built-in Weather app only after a popular YouTuber highlighted it on social media and did so without acknowledging the glitch or offering an explanation in release notes.

Benzinga

Steve Jobs Once Paused For 18 Seconds To Answer A Student's Simple Question: Here Is What The Apple Co-Founder Said

Steve Jobs once took an 18-second pause before answering a straightforward question, a moment that underlined the Apple Inc. co-founder’s habit of thinking long before talking.

Benzinga

Hex Trust CEO Alessio Quaglini Says US Regulatory Clarity Will Unlock Bitcoin's Next Wave (CORRECTED)

Editor’s note: This article was updated to address errors in background information.

Benzinga

Her Daughter's Fortune Cookie Did It: Kentucky Mom Wins $50,000 After Playing Cookie Numbers

Kathy Bailey won $50,000 playing her daughter’s fortune cookie numbers, the kind of random luck that makes you wonder about small decisions with big payoffs. Bailey grabbed the numbers from her daughter’s fortune cookie after having just finished eating Chinese food, according to a press release from the Kentucky Lottery.…

Benzinga

Consumer Tech News (Sep. 15 – Sep. 19): Fed Rate Cut Lifts Wall Street To Records As Meta Unveils Smart Glasses, Nvidia-Intel Forge Chip Pact

U.S. stocks surged to fresh record highs after the Federal Reserve cut interest rates for the first time in nine months and hinted at more easing ahead.

Benzinga

Breaking A $1,800 A Year Habit Felt 'Life-Changing.' The First Month Alone Put $126 Back In Their Pocket

A Reddit post shared how quitting a morning coffee shop routine has been nothing short of “life-changing”—and the math backs it up.

Benzinga

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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

Benzinga

The Emergency Savings Crisis: 1 In 3 Americans Have Nothing Set Aside

Everyone knows the importance of having an emergency fund, however, high costs and financial instability are making it harder than ever to build a safety net. August's inflation report showed a rise in annual inflation, climbing to 2.9%, the highest level since January.

Benzinga

Kevin O'Leary's Bitcoin, Ethereum Endorsement, Cathie Wood's Big Bet On Solana Treasury Play And More: This Week In Crypto

The past week has been a rollercoaster ride in the world of finance, with cryptocurrencies taking center stage. From Kevin O’Leary’s endorsement of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to a golden statue of Donald Trump holding a Bitcoin, the crypto world has been anything but dull.

Benzinga

Trump's Plan To Boost Fannie Mae, Freddie Mac Shares, S&P 500's Historical Performance After Fed Rate Cuts And More: This Week In Economy

As the week comes to a close, let’s take a look at the top stories that shaped the week.

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Gavin Newsom Faces Backlash From Trump Officials After Controversial Kristi Noem Post: 'Reads Like A Threat. This Is Ugly'

Governor Gavin Newsom (D-Calif) is under fire from Donald Trump's allies and federal officials after a tweet from his office targeting Homeland Security Secretary Kristi Noem was widely interpreted as a threat.

Benzinga

Former VP Mike Pence Heads To Academia With Faculty Role At George Mason University

Former Vice President Mike Pence will bring his decades of political experience and conservative perspective to George Mason University as a distinguished faculty member, teaching and engaging students in public policy discussions.

Benzinga

Bill, Melinda French Gates Teach Phoebe The Power Of People, Not Money, As Her AI Fashion-Tech Startup Secures $8 Million From Top Investors

A billionaire and co-founder of Microsoft Corporation (NASDAQ:MSFT), Bill Gates and Melinda French Gates may be among the world's richest philanthropists, but when it comes to their 23-year-old daughter Phoebe's first company, the only thing they offered was advice, not cash.

Benzinga

Zoom CEO Backs Jensen Huang, Bill Gates' Prediction Of A 3-Day Work Week: 'Why Do We Need To Work For Five Days A Week?'

Zoom Communications Inc. (NASDAQ:ZM) CEO Eric Yuan has suggested a future where employees might work only three days a week, thanks to advancements in AI technology.

Benzinga

Starbucks CEO Brian Niccol Bets Big On Health Trends, Doubling Down On Protein, Gluten-Free Options To Match Premium Coffee Experience

Starbucks Corp. (NASDAQ:SBUX) is shifting its food strategy to appeal to health-conscious consumers, expanding protein and gluten-free options while emphasizing artisanal, premium offerings.

Benzinga

Apple's iPhone 17 Surfaces In Moscow Stores Despite Official Sales Ban

Even though Apple Inc. (NASDAQ:AAPL) officially stopped selling in Russia after the 2022 Ukraine invasion, the tech giant’s iPhone 17 models are now available in Moscow stores. These new smartphones have reached Russian buyers through the government's parallel imports initiative.

Benzinga

Trump Calls On Attorney General Pam Bondi To Act Swiftly Against Political Foes, Criticizes Justice Department For 'All Talk, No Action'

President Donald Trump publicly urged Attorney General Pam Bondi to pursue criminal charges against several political figures, expressing frustration with what he called delays in the Justice Department's investigations.

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