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BitGo stakes claim in Brazil banking ahead of crypto reform

As Brazil moves toward stricter crypto regulation, BitGo is making a timely play to become the country’s go-to institutional custodian. By launching a fully regulated subsidiary in São Paulo ahead of potential laws requiring domestic key management, the firm is positioning itself as the default solution for banks and asset managers navigating Brazil’s fast-evolving digital … Read more

Sovereignty wins 157th Belmont Stakes, racing past Journalism for win

NEWYou can now listen to Fox News articles! Sovereignty has collected the final crown jewel of the year, winning the 157th Belmont Stakes on Saturday. Journalism, the winner of the Preakness Stakes, finished second, while Baeza came in third. This is a developing story. More to come. Scott Thompson is a sports writer for Fox … Read more

Trump’s polls decline near 100-day mark, raising tax-plan stakes

Voter discontent with President Donald Trump’s economic stewardship is sinking his popularity as he approaches the symbolic 100-day mark of his second term, ratcheting up pressure on congressional Republicans to pass his tax plan.  A flurry of polls in recent days from NBC,  CNN, New York Times/Siena, ABC News and Fox News, among others, each … Read more

Turbine raises $22M to help VC investors get cash without selling their stakes

Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity. Lack of cash returns has been especially troublesome for wealthy individuals or their small family offices – who manage the assets of the wealthy – that made substantial investments … Read more

Norway urged to let mega wealth fund take stakes in weapons makers

Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company’s annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025. Ole Berg-rusten | Afp | Getty Images Norway’s government is under growing pressure to let the country’s $1.8 trillion sovereign wealth fund invest in certain defense … Read more

Trump’s tariff gambit will raise the stakes for an economy already looking fragile

U.S. President Donald Trump speaks alongside entertainer Kid Rock before signing an executive order in the Oval Office of the White House on March 31, 2025 in Washington, DC.  Andrew Harnik | Getty Images President Donald Trump is set Wednesday to begin the biggest gamble of his nascent second term, wagering that broad-based tariffs on … Read more

Chinese investors privately take stakes in Elon Musk’s companies

Wealthy Chinese investors are quietly funnelling tens of millions of dollars into private companies controlled by Elon Musk using an arrangement that shields their identities from public view, according to asset managers and investors involved in the transactions. Since Musk was named a key figure in US President Donald Trump’s drive to remake the US … Read more

Warren Buffett’s Berkshire Hathaway slashes stakes in Bank of America and Citi

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warren Buffett’s Berkshire Hathaway slashed its stakes in some of the US’s biggest banks in the final three months of 2024, as the billionaire investor dumped billions of dollars’ worth of Bank of America and … Read more

Chiefs’ team plane stranded due to ice danger en route to Denver for game with playoff stakes vs. Broncos

The Kansas City Chiefs have played in the coldest temperatures imaginable for an NFL game, but traveling in that weather was a different story Saturday.  The Chiefs’ team plane was stuck on the tarmac at Kansas City International Airport, according to Fox Weather.  The airport announced Saturday afternoon that the airfield is closed due to … Read more

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