World Liberty Financial, a crypto venture backed by former U.S. President Donald Trump, is set to release a stablecoin audit and launch a new application.What Happened: The Trump family, which has a 75% claim on the venture’s net revenues, has been the subject of criticism due to potential conflicts of interest with the president’s involvement in crypto, reported Reuters.Zak Folkman, the co-founder of the platform, said the audit would be carried out “within days.” Folkman revealed that the app would make it seamless for lay investors to use cryptocurrencies.World Liberty...
Warren Buffett, the CEO and chairman of Berkshire Hathaway, has shown a clear preference for stocks over real estate when it comes to long-term investment opportunities.What Happened: Buffett, during the Berkshire Hathaway annual shareholder meeting, was queried about his continued interest in buying stocks over property. He responded by emphasizing the vast opportunities offered by the US stock market.“The security market in the United States presents much more opportunities than real estate,” Buffett stated.Buffett underscored his argument by comparing the performance of the stock market and real estate over the past four decades. As...
Take-Two Interactive Software Inc TTWO shares are trading lower Wednesday after the company announced a proposed public offering of common stock.What Happened: After the market close on Tuesday, Take-Two announced a proposed underwritten public offering of 4.75 million shares of common stock for $225 per share. All shares in the offering are being sold by the company.Take-Two also granted the underwriters a 30-day window to purchase up to an additional 712,500 shares at the offering price. The company anticipates total net proceeds of approximately $1.04 billion, or $1.19 billion if the...
French President Emmanuel Macron has called on European companies to halt their planned investments in the United States. This comes after U.S. President Donald Trump announced global tariffs on American imports. What Happened: Macron made this appeal during a meeting with French industry representatives. He advised that any forthcoming or recently announced investments should be paused until there is clarity with the United States, reported Reuters. Macron did not dismiss any reaction to Trump’s tariffs and proposed employing the anti-coercion mechanism, an EU tool designed to protect the bloc’s trade. He also proposed countermeasures focusing...
For many business owners, the idea of owning property is an attractive one. After all, real estate is often seen as a solid investment, and having control over your space can be appealing. However, financial expert Dave Ramsey warns that purchasing property for your business isn't always the best move. In a conversation on the "EntreLeadership" podcast recently, Ramsey explained why leasing may be the smarter option—especially for growing businesses. The Temptation to Buy During the episode, a caller named Mike from Dallas shared his situation. He owns a commercial...