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Americans spend an entire week’s worth of pay on rent every month—and in some cities, a full two weeks of income is just going to housing

It’s hard to imagine today, but about 17 years ago, rent for Americans was less than $1,000 per month. In 2008, the median rent was just $824 per month; today it’s more than $1,300—and many major metropolitan areas like New York City and Los Angeles dwarf that figure. Between 2022 and 2025 alone, rents jumped … Read more

Traders just added 10,000 Bitcoin worth of open interest to BTCUSDT, here’s what could happen

Open interest for Bitcoin just surged by 10,000 BTC, signifying an 8% surge that could shake up the price of BTC even more than it already has. Summary Open interest on Binance surged by 10,000 BTC for BTCUSDT, indicating big waves. A spike in open interest could lead to a boost or a plummet in … Read more

Ethereum savior? BitMine’s Thomas Lee buys $1b worth of ETH

After a prolonged period of stagnation, Ethereum appears to be regaining its value. Partially, Ether’s success on the market can be attributed to the actions of Wall Street analyst Thomas Lee, who launched an Ethereum treasury after joining Bitcoin mining company BitMine. Some have even christened Lee an Ethereum savior. Who is he? Will he … Read more

Jeff Bezos launched his Amazon empire in a rented garage and held team meetings at a local Barnes & Noble. Now his ‘everything store’ is worth $2.4 trillion

Jeff Bezos’ trajectory from a rented Bellevue garage to the helm of a $2.4 trillion enterprise is now business legend. In the summer of 1994, Jeff Bezos left a fledgling Wall Street career and moved to Bellevue, Washington, with a vision: to build an online bookstore that could one day sell everything. The first headquarters … Read more

Mira Murati’s Thinking Machines Lab is worth $12B in seed round

Thinking Machines Lab, the AI startup founded by OpenAI’s former chief technology officer Mira Murati, officially closed a $2 billion seed round led by Andreessen Horowitz on Monday, a company spokesperson told TechCrunch. The deal, which includes participation from NVIDIA, Accel, ServiceNow, CISCO, AMD, and Jane Street, values the startup at $12 billion, the spokesperson … Read more

Atlanta airport arrest: Man allegedly caught with multiple drugs worth millions

NEWYou can now listen to Fox News articles! Police arrested a man who allegedly tried to carry almost $3 million worth of drugs in his suitcase in Atlanta. Vance Ray Randolph was arrested on June 28 at the Atlanta International Airport after allegedly trying to take the drugs to Sao Paulo, Brazil, according to a … Read more

Pam Bondi dismisses charges against Utah plastic surgeon accused of throwing away $28,000 worth of Covid vaccines

The federal government on Saturday dismissed charges against a Utah plastic surgeon accused of throwing away COVID-19 vaccines, giving children saline shots instead of the vaccine and selling faked vaccination cards. U.S. Attorney General Pam Bondi said in a post on the social media platform X that charges against Dr. Michael Kirk Moore, of Midvale, Utah, were dismissed … Read more

Vietnam got an early trade deal with Donald Trump. Was it worth it?

For Thanh Cong Garment, a Vietnamese supplier to apparel companies including Adidas, Calvin Klein and Columbia, a trade deal to avoid the worst of US President Donald Trump’s tariffs should have been a huge relief. Vietnam was one of only two countries that Trump said has clinched a deal with the US by a July … Read more

Trump’s law of the jungle means U.S. trade deals aren’t worth the paper they’re printed on

When President Trump threatened Brazil with punishing tariffs on Wednesday, there was no fancy mathematical equation trotted out this time as justification.  The 50% levy on goods was retribution for a perceived “witch hunt” against his political ally, Jair Bolsanaro, whose supporters attempted a coup two years ago.  This administration is bringing back the law of the jungle … Read more

Trump’s crypto ventures worth at least $620M, report claims

Trump’s crypto assets make up roughly 9% of his $6.9 billion net worth, a Bloomberg report claims. Crypto ventures represent a sizeable portion of U.S. President Donald Trump’s wealth. According to a Bloomberg report published on Wednesday, June 2, Trump’s crypto-related businesses are worth $620 million. This amounts to about 9% of the $6.9 billion … Read more

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