Trump’s golf courses greeted his win with a mixture of celebration and quiet
Donald Trump’s Bedminster, New Jersey golf club congratulated the president-elect on his victory over Kamala Harris. At President-elect Donald Trump’s golf courses, his election posed a dilemma: Embrace the connection, or stay quiet? A B-17 review of their social-media output found some more keen than others. Stalwarts close to Trump’s heart, like the courses in…
Harris couldn’t escape Biden’s unpopularity
President Joe Biden’s deep unpopularity was a major obstacle for Vice President Kamala Harris’ campaign. President Joe Biden may have dropped out of 2024 race, but voters never forgot about their strong disdain for the his record. “In general, for a Democratic candidate running in this environment, I think that would be challenging,” Doug Sosnik,…
Binance founder Changpeng Zhao says prison inmates and guards asked him for crypto tips
Changpeng Zhao said fellow inmates and prison guards sought crypto tips during his four-month incarceration. Binance’s founder said in a new interview that he wasn’t initially recognized in prison — but word of his vast wealth and crypto know-how soon spread. Being incarcerated, however, limited his outlook on the market. “Many of them asked, like,…
Jeff Bezos’ net worth hits all-time high fueled by Amazon shares getting Trump bump
Jeff Bezos’ net worth soared to a new high Wednesday, according to Bloomberg’s estimates. The rich are getting richer since Donald Trump was elected president, and Jeff Bezos is no exception. His net worth hit a record high of $228 billion on Wednesday, according to the Bloomberg Billionaires Index. That’s up $7 billion from his…
Stocks tied to Russia rally as Trump’s win fuels hopes for an end to the Ukraine war
A destroyed border checkpoint with the sign “Ukraine” and “Russia” on August 16, 2024 in Sudzha, Russia. Stocks tied to Russia have risen since Donald Trump won the US presidential election as investors hope that he follows through on campaign rhetoric on bringing an end to the war in Ukraine. Raiffeisen Bank International, an Austrian…
Musk’s legal battles pile up as Twitter’s ex-CMO becomes the latest to sue him
Elon Musk is facing another lawsuit from a former Twitter executive. Twitter’s former chief marketing officer, Leslie Berland, is suing Elon Musk, saying she is owed over $20 million in unpaid severance. Berland was “suddenly” fired in November 2022, five days after Musk acquired the social media platform, now known as X, for $44 billion.…
2 crypto tycoons are almost $15 billion richer after Trump’s election victory
Chaopeng Zhao, Binance’s founder and ex-CEO, became about $12 billion richer on Wednesday. Two cryptocurrency tycoons saw a near-$15 billion boost to their combined wealth on Wednesday as Donald Trump won the presidential election. Changpeng Zhao, who founded Binance and owns an estimated 90% of the world’s largest cryptocurrency exchange, saw his net worth soar…
Stock market today: Stocks edge higher after huge rally as traders await Fed decision
Donald Trump and Federal Reserve Chair Jerome Powell Indexes edged up on Thursday, heading for another day of gains after Donald Trump’s election victory fueled a massive rally across the stock market on Wednesday. The Dow Jones Industrial Average was just slightly higher after surging over 1,500 points, up 3.6% in its biggest single-day percentage…
Trump’s win created a record $64 billion of net worth for the world’s 10 richest people
Elon Musk has been a vocal supporter of Donald Trump and spoken at the former president’s rallies. Donald Trump’s presidential victory sparked a record single-day jump in the wealth of the world’s 10 richest people, Bloomberg data shows. The final net-worth-addition tally came out to $64 billion as markets celebrated another Trump administration. Investors are…