Author: Admin

Trump touted his record on cost-of-living issues during Tuesday’s State of the Union address.

Check out what’s clicking on FoxBusiness.com. Bill Gates apologized to staff of the Gates Foundation over his ties to Jeffrey Epstein, admitting he made mistakes that had cast a cloud over the philanthropic group while insisting he didn’t participate in Epstein’s crimes.  In a town hall on Tuesday, the Microsoft co-founder acknowledged that he had two affairs with Russian women that Epstein later discovered, but that they didn’t involve Epstein’s victims. “I did nothing illicit. I saw nothing illicit,” Gates said, according to a recording reviewed by The Wall Street Journal.Gates said images in the recently released Epstein files showing him with women whose faces are redacted were…

Optimism about artificial intelligence cuts across ideological lines at the Federal Reserve, with both Lisa Cook and Christopher Waller using speeches on February 24 to extol the promise of large language models.“We appear to be approaching the most significant reorganisation of work in generations,” said Cook, who was appointed by former president Joe Biden and remains involved in a legal battle with his successor, Donald Trump, to keep her job on the Fed board. Despite being “appropriately Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options,…

ETH is flashing mixed signals: is it on the verge of a rally or bracing for another breakdown? The second-largest cryptocurrency hasn’t been at its best lately, plummeting by double digits over the last 30 days and trading far below its all-time high of almost $5,000 witnessed in the summer of 2025. However, the past 24 hours brought some hope for the bulls, as ETH rocketed from $1,800 to over $2,000. Some market observers believe a more profound rebound could be on the way, while others think the valuation has yet to reach its bottom. Rally Soon? Ethereum (ETH)…

After years of leading the pack, the tech sector has been in retreat since the NASDAQ hit its all-time high last October. And while the ongoing sell-off is fueling speculation that the market has entered the late stages of its bull run, for discerning investors, this could present a buying opportunity for names that haven’t been on sale for a while.Tech stocks finished 2025 with a nearly 34% gain, but after the Feb. 23 loss of 1.68%, the cohort finds itself down around 2.15% year-to-date (YTD), good for the second-worst among the S&P 500’s 11 sectors.Much of that can be…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lawrence Summers has announced he will retire from teaching at Harvard University, as the former US Treasury secretary continues to retreat from public roles following revelations of his ties to late sex offender Jeffrey Epstein.“I have made the difficult decision to retire from my Harvard professorship at the end of this academic year,” Summers said on Wednesday. The university’s graduation day is in late May.In November he announced he had stepped down from the board of OpenAI following the release of emails…

Stocks exposed to the US housing market plummeted Wednesday as investors assessed grim outlooks from companies like home improvement retailer Lowe’s Cos Inc., and weighed the lack of a housing policy update during President Donald Trump’s State of the Union speech.

’s stock price has been under pressure for years as its businesses struggled, strategy concerns emerged, and analysts panned the name. However, that story is changing, as its core businesses have returned to growth and the planned separation into two traded companies is progressing.KDP’s Q4 2025 earnings covered progress on acquiring and splitting into two companies. The company secured an extra $1.5 billion in preferred equity, bringing that total to $4.5 billion and removing the need for a partial IPO. The deal still involves significant debt and is expected to close in early April.KDP Outperforms Competitors in Fiscal Q4Keurig Dr…

The Reserve Bank of Australia will remain “100% focused” on its inflation target, its deputy governor has said, following the suggestion by an opposition politician that its dual price stability and full employment mandate should be reviewed. Speaking on a podcast on February 24, Andrew Hauser said the RBA was statutorily obliged to focus on its 2–3% inflation target. “When we were cutting rates last year, our forecasts… were for inflation to come down gradually to the 2.5% midpoint of the range Only users who have a paid subscription or are part of a corporate subscription are able to print or…

The tokenized US Treasury market has surged by over $1 billion since the beginning of 2026, despite macroeconomic uncertainty and concerns over the US government’s growing national debt.Tokenized US Treasurys are government debt instruments that are a form of real-world assets (RWAs) represented onchain by a token.The market capitalization of tokenized Treasurys climbed to more than $10.8 billion at the time of writing from $8.9 billion on Jan. 1, according to data from RWA.xyz. The tokenized US Treasury market has grown to over $10.8 billion. Source: RWA.xyz.The tokenized US Treasury market has surged 50x since 2024, according to data from…