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The Latest Breaking News from Benzinga

Trump Poised To Delay TikTok Deadline Again Amid US–China Tension: 'We May Let It Die'

President Donald Trump is expected to grant another extension on the TikTok divestment deadline, as ByteDance, the Chinese tech giant behind the app, strengthens its financial footing with soaring revenue and a $330 billion valuation.

Benzinga

Trump's Firing Fed Governor Lisa Cook 'For Cause' Not Subject To 'Judicial Second-Guessing,' Says The DOJ Ahead Of FOMC Meeting

Ahead of the Federal Reserve’s key vote on interest rates this week, the Justice Department has made a fresh attempt to stay a lower court's injunction blocking President Donald Trump’s firing of Fed Governor Lisa Cook.

Benzinga

Anthony Scaramucci Says A Tesla–xAI Merger 'Feels Inevitable' As Shareholders Push For Investment In Grok Parent

On Sunday, Anthony Scaramucci fueled speculation about a potential Tesla Inc. (NASDAQ:TSLA)–xAI merger. The SkyBridge Capital founder said on X that it "feels inevitable" as Elon Musk ramps up efforts to integrate artificial intelligence into his companies.

Benzinga

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Bitcoin, Ethereum, XRP, Dogecoin Slip Ahead Of Fed Rate Cut Decision: Analyst Predicts 'Short-Term Dip' For ETH Before $10,000 Move

Leading cryptocurrencies fell on Sunday, while stock futures rose, as investors awaited the Federal Reserve’s decision on rate cuts.

Benzinga

He Sold 100 Bitcoin For $1.5 Million In 2017. Today That Same Bitcoin Would Be Worth $11 Million—'It Did Not Maximize My Wealth, But…'

When Bitcoin first hit $20,000 back in 2017, one early adopter decided it was time to cash out. He sold 100 BTC and all his Bitcoin Cash for an after-tax profit of $1.5 million. At the time, it felt like the right move. Eight years later, that same 100 BTC…

Benzinga

Dave Ramsey Sides With Husband Who Refuses to Support Wife's 80-Year-Old Parents, Tells Caller Her Siblings Are 'Milking You Like A Cow'

When couples recite their vows, the promise usually covers sickness, health, richer, poorer, and everything in between. But rarely does anyone picture adding "and your 80-year-old parents' mortgage" to the list. That was the case for Serena from Raleigh, who called into "The Ramsey Show" in an episode titled "My…

Benzinga

Plunging Mortgage Rates Could Light Up These 9 Stocks

Mortgage rates are dropping at their fastest pace in nearly a year which could give a much needed boost to the frozen housing market— as well as stocks tied to home loan servicers, builders and home retailers.

Benzinga

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Alibaba's $100M Investment Fuels X Square Robot's Push For Embodied AI, Global Sales, And Next-Gen Humanoids

X Square Robot, a Shenzhen-based humanoid startup, secured approximately $100 million in funding led by Alibaba Group Holding (NYSE:BABA) through Alibaba Cloud in a deal that strengthens the company's expansion in the robotics market.

Benzinga

Blue Chip Stocks With Fat Dividends: Smart Buy Or Value Trap?

Investors love blue-chip stocks that pay fat dividends, but high yield alone doesn’t guarantee a safe income stream.

Benzinga

Labor Economist Says Elon Musk Paying Full Social Security Taxes For One Year Could Cut Deficit 5%—So I Asked ChatGPT What Would Really Happen

Nowadays, everyone's trying to get answers out of AI. Ask it to plan a vacation, write a press release, fix a résumé—it'll do all that. But what about when you ask economic questions?

Benzinga

'It 100% Took Over My Brain And My Life,' Why Experts Are Growing Increasingly Worried About AI-Induced Delusions

Earlier this year, a man in upstate New York began engaging in thought experiments with ChatGPT about "the nature of AI and its future."

Benzinga

Caller Asks Dave Ramsey When He Can Cut Back From 76-Hour Workweeks. All He Wants Is More Time With His Family

A recent caller to “The Ramsey Show” asked a question many overworked parents can relate to: When is it okay to finally slow down?

Benzinga

'No Bank's Going to Loan You This,' Dave Ramsey Tells Caller With Zero Assets — 'You're Not Bankable'

If you want a loan to buy a business, the first step is building trust with a bank by proving you have the capability to pay the money back.

Benzinga

Robert Reich Says 'The Rules Of The Game Changed' In The 1980s. Median Wages Stagnated While Wealth Flowed To The Top

Economic inequality in America today stems from a shift in the early 1980s when “the rules of the game changed,” former Labor Secretary Robert Reich recently warned.

Benzinga

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Benzinga

Why Are Fidelity's CD Rates Lower Than My 4% Savings Account? A Closer Look at Fixed vs. Variable Yields

The APYs for CDs and high-yield savings accounts have increased quite a bit ever since the Federal Reserve started to hike interest rates in 2022. Some people stored their money in these accounts for guaranteed returns, but one person on Reddit found a discrepancy between Fidelity's CDs and their savings…

Benzinga

Hyundai's $7.4B Vision For Flying Taxis Hits A Wall As Supernal Halts Work After CEO And CTO Exit

The dream of futuristic air taxis under Hyundai faces turbulence after its Supernal startup paused work on its aircraft program following the departures of CEO Jaiwon Shin and Chief Technology Officer David McBride.

Benzinga

Gold Miners Cut Direct Emissions, But ESG Intensity Worsens, Report

Global gold producers cut combined Scope 1 and 2 greenhouse-gas emissions to below 30-million tons of CO₂ equivalent in 2024, the lowest level in a decade. With gold prices reaching fresh all-time highs, the environmental, social, and governance (ESG) awareness for the mining sector is one of the metrics in…

Benzinga

China Considers Ban On Flush Door Handles In Cars: Here's Why

Authorities in China are mulling a ban on flush door handles on cars, citing safety concerns, posing a challenge for automakers that have widely adopted the design into their vehicles, especially EVs like Tesla Inc. (NASDAQ:TSLA).

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Benzinga

Michael Saylor's Bitcoin-Only Prophecy Not Aging Well As Wall Street Embraces $27 Billion In Ethereum ETFs, Buzz Builds Around XRP And Even Dogecoin

Michael Saylor may now seem comfortable with the rise and adoption of the broader crypto ecosystem, but just over a year ago, he was every bit the staunch Bitcoin (CRYPTO: BTC) maximalist.

Benzinga

Jamie Dimon Says JPMorgan's Next CEO Should Be a 'Pied Piper,' Not The Smartest In The Room

Jamie Dimon, the long-standing CEO of JPMorgan Chase, has shed light on the qualities he is looking for in his successor. He places a high value on leadership capabilities, rather than just intellect.

Benzinga

AI Safety Bill Passed By California Legislature, Awaits Governor Gavin Newsom's Signature

The state legislature of California has passed a groundbreaking AI safety bill.

Benzinga

Move Over Stock Buybacks! AI Spending Is In Full Swing

Stock buybacks have been a popular policy that boosts value for existing shareholders without distributing dividends. However, those same stock buybacks are now on the sidelines thanks to parabolic AI spending.

Benzinga

Hillary Clinton Says Trump Administration Is 'Going Great' For The President, Dogecoin Rallies 20%, Silver Token Tops Bitcoin — This Week In Crypto

The past week has been a rollercoaster ride in the world of finance and politics. From silver-backed cryptocurrencies outperforming Bitcoin (CRYPTO: BTC) to Hillary Clinton’s accusations of crypto corruption against the Trump administration, there’s been no shortage of headlines. Let’s dive into the top stories of the week.

Benzinga

Hillary Clinton Says Trump Administration Is 'Going Great' For The President, Dogecoin Rallies 20%, Silver Token Tops Bitcoin — This Week In Crypto

Benzinga

'We're Family, You Should Help,' Says 30-Year-Old Who Drained His Savings On A Luxury Car And Now Faces Repossession Without $10,000

A 28-year-old shared on Reddit's r/AITA_WIBTA_PUBLIC that their 30-year-old brother asked for $10,000 to cover arrears and prevent his luxury car from being repossessed after draining his savings and maxing out credit cards.

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