Ken Griffin of Citadel has bought a complete Stegosaurus skeleton for $44 million

Ken Griffin of Citadel has bought a complete Stegoasurus skeleton for $44.6 million. Ken Griffin, CEO of the Citadel hedge fund, was the buyer who spent a record $44.6 million to purchase a stegosaurus fossil at auction, according to a person familiar with the acquisition. The skeleton, nicknamed

Institutional investors now own more than 35% of the rental housing stock in the United States

Institutional investors now own more than 35% of the rental housing stock in the United States. Aviva (AV.L), Legal & General (LGEN.L), and M&G (MNG.L) are increasing their investments in rental homes in Britain, betting on long-term returns in a market where housing demand far

Investors in several European commercial mortgage bonds that were originally sold with top credit ratings look set to suffer losses, the first time since the global financial crisis that the safest tier of this debt has been hit

Investors in several European commercial mortgage bonds that were originally sold with top credit ratings look set to suffer losses, the first time since the global financial crisis that the safest tier of this debt has been hit. Investors in several European commercial mortgage bonds, originally sold with top credit

Amazon, $AMZN, announces record-breaking sales for 2024 prime day

Online spending in the U.S. soared 11% year over year to $14.2 billion during Amazon's 48-hour Prime Day event, exceeding estimates and setting a new record, according to Adobe Analytics. Adobe attributed the strong performance to back-to-school shopping and an "apparent product refresh cycle,"

Officials say food prices are dropping but shoppers aren’t buying it

Officials say food prices are dropping but shoppers aren’t buying it, per FORTUNE. Slower-than-expected inflation in June should solidify hopes that Federal Reserve officials will feel confident enough to begin lowering interest rates. Recent consumer price readings, including Thursday’s report, indicate that inflation is on track and trending

Donald Trump has said he’ll bring down prices by opening up the US to more oil and gas drilling

Donald Trump has said he’ll bring down prices by opening up the US to more oil and gas drilling. Donald Trump will not seek to remove Federal Reserve Chair Jerome Powell before the central banker’s term ends and would consider JPMorgan CEO Jamie Dimon for Treasury secretary if

Former President Barack Obama has told allies in recent days that Joe Biden's path to victory has greatly diminished and he thinks the U.S. president needs to seriously consider the viability of his candidacy

Former President Barack Obama has told allies in recent days that Joe Biden's path to victory has greatly diminished and he thinks the U.S. president needs to seriously consider the viability of his candidacy. Former president Barack Obama has advised Joe Biden to "seriously consider"

A federal appeals court on Thursday issued a ruling that blocks the Biden administration from continuing to implement a new version of its student loan debt plan

A federal appeals court on Thursday ruled to block the Biden administration from implementing a new version of its student loan debt relief plan, which aims to reduce monthly payments for borrowers. The U.S. Eighth Circuit Court of Appeals granted a request by seven Republican-led states to block portions

Joe Biden tells BET he would relinquish power to Kamala Harris if he wins a second term and is unable to serve for health reasons

Facing ongoing questions about his capacity to serve, President Joe Biden stated he would be willing to hand over power to Vice President Kamala Harris if he wins a second term but is unable to complete it due to health reasons, though he downplayed the likelihood of such an event.

Biden is considering whether to call for a constitutional amendment to eliminate broad presidential immunity

U.S. President Joe Biden is preparing to propose a significant overhaul of the Supreme Court in the upcoming week, including introducing term limits for justices and establishing an enforceable ethics code, as reported by the Washington Post on Tuesday, citing two sources familiar with the plans. The Post also

Trump: New tariffs for China between 60% - 100%, and would impose a 10% tariff on imports from other countries

Donald Trump will not seek to remove Federal Reserve Chair Jerome Powell before the central banker’s term ends and would consider JPMorgan CEO Jamie Dimon for Treasury secretary if he wins the Nov. 5 election, the former president told Bloomberg in an interview published on Tuesday. JPMorgan declined to

Donald Trump says he wants US in charge of crypto before China, and teases another NFT launch

Donald Trump says he wants US in charge of crypto before China, and teases another NFT launch, per the Block. Former U.S. President Donald Trump expressed his support for the cryptocurrency industry, stating that it is beneficial for the country and that the U.S. should take the lead

Nancy Pelosi is ‘convinced Biden will lose'

Nancy Pelosi is ‘convinced Biden will lose,’ per FOX Former House Speaker Nancy Pelosi, D-Calif., is reportedly working behind the scenes to persuade President Biden to step aside and allow another Democrat to face former President Trump in the upcoming election. Pelosi has consistently stated that Trump poses an existential

US President Biden has tested positive for Covid-19

US President Joe Biden has tested positive for Covid-19, according to Janet Murguía. Biden was expected to speak at the Vote To Live Properity Summit at the College of Southern Nevada in Las Vegas, Nevada. “I was just on the phone with President Biden. And he shared his deep disappointment

It is being revealed by the Secret Service during the Senate hearing that they were aware of the shooter for ten minutes before former President Trump walked onto the stage

The shooter who endeavored to kill previous President Trump on Saturday was recognized as suspicious by policing than an hour prior to he started shooting, Sen. John Barrasso, R-Wyo., tells Fox News. “He was identified as a as a character of suspicion because of saw a rangefinder as well as

AI is effectively ‘useless’—and it’s created a ‘fake it till you make it’ bubble that could end in disaster

AI is effectively ‘useless’—and it’s created a ‘fake it till you make it’ bubble that could end in disaste. Not everyone has been swept up by the AI excitement. James Ferguson, founding partner of the UK-based macroeconomic research firm MacroStrategy Partnership, worries that investors’ enthusiasm for AI has

40% of new Canadians are considering moving due to housing costs

"If you are a young person who has arrived in Canada in the last 10 years and are renting in one of its biggest cities, life is not very happy at the moment,” said Shachi Kurl, president of Angus Reid. Thirty-nine percent of immigrants who have arrived in Canada

Democrat Adam Schiff has asked President Biden to drop out of the race

The announcement by Schiff, who is running for US Senate in California, makes him the first Democrat to urge Biden to step aside since the attempted assassination of former President Donald Trump over the weekend. Schiff’s call is notable because, unlike many of the other Democrats who have publicly

Biden says he will consider dropping out of the race if a 'medical condition' was diagnosed by doctors

President Joe Biden said he would reconsider his decision to stay in the presidential race if doctors informed him of a medical issue, as he mentioned in an interview with BET News. “If I had some medical condition that emerged,” Biden said when asked if there was anything that would

Donald Trump is considering JP Morgan, $JPM, CEO Jamie Dimon for US Treasury Secretary

Donald Trump will not seek to remove Federal Reserve Chair Jerome Powell before the central banker’s term ends and would consider JPMorgan CEO Jamie Dimon for Treasury secretary if he wins the Nov. 5 election, the former president told Bloomberg in an interview published on Tuesday. JPMorgan declined to

21-year-old man was arrested near the Republican National Convention in Milwaukee, Wisconsin, on Monday, while wearing a ski mask and carrying an AK-47 pistol with a full magazine in a tactical bag

21-year-old man was arrested near the Republican National Convention in Milwaukee, Wisconsin, on Monday, while wearing a ski mask and carrying an AK-47 pistol with a full magazine in a tactical bag. Homeland Security Investigators and Capitol Police were conducting surveillance near the RNC perimeter when they noticed a suspicious

U.S. President Joe Biden is preparing to propose a major Supreme Court overhaul that would include term limits for justices and an enforceable ethics code

U.S. President Joe Biden is preparing to propose a significant overhaul of the Supreme Court in the upcoming week, including introducing term limits for justices and establishing an enforceable ethics code, as reported by the Washington Post on Tuesday, citing two sources familiar with the plans. The Post also

Donald Trump no longer plans to ban TikTok

Donald Trump no longer plans to ban TikTok. Donald Trump plans to lower the US corporate tax rate to 15% if elected. Polls show a very tight race between him and President Joe Biden, but his fundraising is through the roof. It’s also now clear his 34 felony convictions

Donald Trump plans to lower the US corporate tax rate to 15% if elected

Donald Trump plans to lower the US corporate tax rate to 15% if elected. Polls show a very tight race between him and President Joe Biden, but his fundraising is through the roof. It’s also now clear his 34 felony convictions haven’t upended the race. A big shock

Traders see the odds of a Fed rate cut by September at 100%

Traders are now 100% certain that the Federal Reserve will cut interest rates by September. According to the CME FedWatch tool, there are currently 93.3% odds that the Fed’s target range for the federal funds rate will be lowered by a quarter percentage point to 5% to 5.