Major cryptocurrencies like ether, XRP, and dogecoin experienced a 3% drop following Moody's downgrade of the U.S. credit rating. This decision has shaken investor confidence, impacting both crypto and traditional markets.
Wall Street warns that the U.S. Department of Education's resumption of student loan collections could dramatically impact low-income Americans, potentially cutting billions from disposable income monthly. Experts predict a significant strain on consumer finances amid rising costs and economic pressures.
Federal Reserve Chair Jerome Powell warns that higher long-term interest rates are likely, signaling a shift in economic policy and potential supply shocks. As inflation remains volatile, what does this mean for the economy and your finances?
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Donald Trump's post-presidency financial ventures have skyrocketed, revealing new ways for allies to funnel money into his empire through media, cryptocurrency, and decentralized finance platforms.
In a major move, 3G Capital has announced its acquisition of Skechers USA Inc. for a staggering $9.4 billion. Set to close in Q3 2025, this deal, financed by cash and debt from JPMorgan Chase, could reshape the footwear landscape.
Warren Buffett's announcement to step down as CEO of Berkshire Hathaway marks the end of an era, but his legacy of incredible stock performance continues. Discover how Berkshire outperformed the S&P 500 and what this means for investors.
Discover the exciting developments at Fortune Media as they embrace new trends and strategies for 2025. What does the future hold for media and finance? Click to find out!
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