Mahender Makhijani, a 44-year-old financial fraudster, was arrested after a career marked by cruelty and scandal. He bilked a bank out of $100 million by falsifying realty titles and used henchmen to intimidate rivals. Authorities are still trying to recover the stolen funds.
Explore the snowball and avalanche debt repayment methods. While avalanche saves more on interest mathematically, snowball offers psychological wins for motivation. Choose the best strategy for your financial goals and habits.
ServiceNow stock is highly sensitive to market shifts like bond returns and chip volatility, affecting its high-multiple software valuation. While showing signs of rebound, it remains in "repair mode" long-term, driven by AI narrative and macro factors.
Understand credit card interest, minimum payments, and utilization ratios. Discover strategies like debt consolidation and smart repayment to achieve financial freedom.
SanDisk's New Company Versions (NBMs) are multi-year supply agreements with fixed pricing, transforming revenue and ensuring margins. These deals are boosting income and providing financial assurances.
China's CSRC fined brokers (Futu, Tiger, Longbridge) for cross-border stock trading loopholes, restricting new share purchases for two years. This tightens regulations due to an estimated $1 trillion capital outflow to US/HK equities, impacting over $32 billion in assets.
Trump Accounts allow parents and guardians to save for children under 18. Companies and individuals can contribute, with government seed money for eligible children born 2025-2028. The initiative aims to boost financial security and literacy.
Senator Rand Paul highlights administration's anti-fraud efforts. CENTCOM targets a commercial vessel. John Bolton warns Iran is exploiting the situation. President Trump announces a perfect score on his latest cognitive test.
A surge in art sales sees billionaires vying for 20th-century masterpieces, driving record-breaking prices. Major auction houses report a booming market fueled by high-quality works from prominent estates, with a Jackson Pollock painting fetching an astounding $181 million.
S&P 500 climbs for eighth week, fueled by strong profits, AI optimism, and a solid labor market. Falling oil prices and Treasury yields ease inflation fears. Fed chair transition nears.
Tempus reported strong Q1 2026 profits, exceeding analyst estimates, driven by oncology diagnostics and AI services. Despite a widened net loss, the firm raised full-year revenue guidance and announced key partnerships with Merck and Gilead.
Berkshire Hathaway's annual meeting sees Greg Abel step into the CEO role, continuing Warren Buffett's legacy. Investors anticipate continuity, not drastic changes, focusing on operational improvements and AI integration.
Nvidia's market position is strengthening with potential easing of bearish sentiment. The AI chip giant boasts significant free cash flow, trades at a discount to tech peers, and demonstrates strong profitability and momentum. Its low debt and high ROE highlight financial health.
Activist investor Starboard Value has taken a significant stake in AI software firm Dynatrace, pushing for strategic and financial changes, including over $2.5 billion in share buybacks and operational improvements to boost free cash flow. Dynatrace faces slowing growth and a discounted valuation.
China's AI ambitions expand to automotive. DeepRoute.ai's advanced assisted-driving system is in over 300,000 vehicles, pushing smart features into the mass market. This aligns with China's 'AI Plus' strategy, aiming to integrate AI across sectors and reduce chip reliance.
Leaders worldwide and across the US condemned an attempted assault at the White House Correspondents' Dinner. Secret Service swift action saved lives, with one officer injured but protected. Calls for an end to political violence were widespread.
US Navy Secretary John Phelan ousted as President Trump pushes 'Make America Shipbuilding Great Again' initiative, aiming to counter China's dominance. Aims for a 'Maritime Golden Era' with a $377 billion budget and 18 new ships.
