According to court records filed on Thursday, investors who cumulatively lost £120,676 ($151,000) in the HAWK meme coin, inspired by Haliey Welch’s Hawk Tuah trend, filed a lawsuit in the first US District Court in New York against the crypto team and its business partners. The lawsuit alleged that the Hawk Tuah team failed to … Read more
US President-elect Donald Trump surprised Washington lawmakers this week by calling for lifting the federal borrowing limit and even abolishing it in social media posts and interviews. The debt ceiling is a law that caps the amount of money the US federal government can borrow cumulatively to meet existing legal obligations. A congressional vote in … Read more
According to Form 4 filings with the US Securities and Exchange Commission (SEC), Amazon (NASDAQ: AMZN) founder Jeff Bezos offloaded 16.35 million company shares with an aggregate market value of £2.41 billion ($3.048 billion) between 1st and 13th November 2024. Bezos notified the SEC of the massive Amazon share sale on 1st November via a … Read more
According to a 13F filing with the US Securities and Exchange Commission, the Bill & Melinda Gates Foundation Trust reduced its stake in Microsoft (NASDAQ: MSFT) by 17% or 5.93 million shares to 28.957 million shares worth £9.82 billion ($12.46 billion) in Q3. During the same quarter, the Microsoft co-founder also sold 2.48 million Berkshire … Read more
Haliey Welch, who shot to overnight internet fame this summer for her quirky ‘hawk tuah’ intimacy advice on TikTok, is now under fire after her meme coin, HAWK, left investors facing devastating financial losses. Welch, who promoted the cryptocurrency as a way to reward her dedicated fanbase, now finds herself at the centre of a … Read more
Palantir Technologies (NASDAQ: PLTR) stock was added to the Nasdaq 100 index, according to a NASDAQ announcement on 13th December. PLTR shares became eligible to join the tech-heavy benchmark after a strategic move to the NASDAQ from the New York Stock Exchange (NYSE) last month. The company is a leading AI software system provider facilitating … Read more
A surprising team-up is brewing between US Senator Bernie Sanders and President-elect Donald Trump on a long-standing issue that kept millions of Americans in debt for years while hampering their ability to save and grow money. During his campaign, Trump suggested temporarily imposing a 10% limit on credit card interest rates to allow people to … Read more
A couple in their 40s, living paycheck to paycheck with no monthly savings, has delayed their wedding due to lingering financial anxieties and unresolved money traumas. Dawn, 48, and Richard, 43, reside in a rented home in upstate New York, juggling complicated financial histories and deeply ingrained habits that have strained their relationship. The pair, … Read more
Katie Holmes has forcefully denied recent claims made by the Daily Mail that her daughter, Suri Cruise, has gained access to a substantial trust fund from her father, Tom Cruise. The Dawson’s Creek actress took to Instagram to call out the report as “completely false,” adding, “Daily Mail, you can stop making stuff up.” Holmes … Read more
The Social Security Administration (SSA) has warned that funding shortfalls could lead to service delays for millions of recipients, as critical staffing levels face significant reductions. The potential loss of over 2,000 workers would come amid record-high numbers of Social Security beneficiaries relying on the agency for essential services. Staffing Crisis Looms Amid Funding Dispute … Read more
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