Benzinga - Economy

Standard Chartered Enters Crypto Trading — First Big Bank To Offer Deliverable BTC, ETH To Institutions - Benzinga

Standard Chartered PLC launched digital assets spot trading for institutional clients on Monday, marking a watershed moment as the first global systemically important bank to offer deliverable Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:

Dave Ramsey Says Don't Buy A New Car Unless You're Worth $1 Million - Benzinga

Financial advisor Dave Ramsey advises Americans on buying a car, emphasizing practicality and caution towards depreciation & debt.

Grvt Launches On-Chain Investment Marketplace Featuring Institutional Strategies - Benzinga

Grvt launches Strategies, the first compliant, peer-to-peer, on-chain investment marketplace, built on zkSync.

Google's Android Chief Once Cold-Emailed Sergey Brin At 3 AM — What Happened Next Changed His Career Forever - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL) - Benzinga

Google's Android chief Sameer Samat once cold-emailed Sergey Brin at 3 a.m. for career advice, leading to a surprise job offer.

Earnings Scheduled For July 15, 2025 - Albertsons Companies (NYSE:ACI), AngioDynamics (NASDAQ:ANGO) - Benzinga

Trump's Tariffs Are A '$500 Billion' Tax On US Businesses That Wipe Out His 2017 Corporate Tax Break - Benzinga

Trump's new tariffs on EU, Canada & Brazil, could cost US businesses $500 billion annually, undoing tax cuts.

Tesla Rebounds In China With 12.3K Weekly Registrations, Highest 2nd Week Ever - Tesla (NASDAQ:TSLA) - Benzinga

Tesla's sales in China gaining momentum, with 12.3K insured registrations in second week of Q3 after poor performance in the prior week.

Silver Lease Rates Echo Platinum's Pre-Breakout Move, Sparking Bullish Outlook: 'If It Looks Like A Duck And Quacks Like A Duck…' - VanEck Gold Miners ETF (ARCA:GDX), SPDR Gold Trust (ARCA:GLD) - Benzinga

Silver may be setting itself up for a major price move, accroding to Otavio "Tavi" Costa, a leading macro strategist at Crescat Capital.

Fed Chair Powell's Potential Dismissal Could Trigger A 'Collapse' Of The Currency And The Bond Market, Deutsche Bank Warns - Deutsche Bank (NYSE:DB) - Benzinga

Deutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.

Elizabeth Warren Says 'Convicted Felon' Leveraged Trump Family's Crypto Interests For Pardon: Senator Makes Scathing Comments On Binance Co-Founder - Benzinga

Sen. Elizabeth Warren (D-Mass.) questioned a potential quid pro quo involving the Trump family’s cryptocurrency ventures and Binance’s (CRYPTO: BNB) convicted ex-CEO Changpeng Zhao.

Elon Musk Wants Tesla To Invest In xAI, But It's Up To Shareholders: This Analyst Says Grok Is Worth The Bet - Tesla (NASDAQ:TSLA) - Benzinga

Musk wants Tesla to invest in his AI startup xAI, but says shareholders must decide. SpaceX also rumored to invest $2 billion.

WallStreetBets Trader Nuked Mom's $800K IRA, Then Flipped It Into $4 Million With Options In Just 3 Months: His Strategy? 'TACO's Gonna TACO' - Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL) - Benzinga

A Reddit user claims to have turned disaster into triumph after nearly blowing his mother's $800,000 retirement account.

Democrats Fear GOP's Proposed Medicaid Cut Delay May Diminish Their Chances Of Swaying Voters In 2026 Midterm: 'It Just Complicates It' - Tesla (NASDAQ:TSLA) - Benzinga

The Democrats are concerned that the potential impact of Republican Medicaid cuts may not materialize in time to sway voters in the 2026 midterms.

Dave Ramsey Warns Bankruptcy Is 'Huge Red Flag' That Can Delay Homeownership By Years - Benzinga

Filing for bankruptcy, according to Dave Ramsey, can severely damage credit scores, making it harder to qualify for a mortgage.

Why Datavault AI Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket - Autozi Internet Tech (NASDAQ:AZI), Above Food Ingredients (NASDAQ:ABVE) - Benzinga

Trump Wants Blanket Tariffs Of Up To 20% After Surprise Treasury Surplus In June: Ed Yardeni Says 'Don't Push Your Luck' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY) - Benzinga

Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff receipts.

Price War Dents Alibaba's Market Value: What's Next? - Alibaba Gr Hldgs (NYSE:BABA) - Benzinga

Alibaba matched its record of 80 million deliveries in one day, competing with Meituan and JD.com in China's quick-delivery market through giveaways and promotions. The price war has caused a $100 billion drop in Alibaba's market value, and it is expected to post a $5.7 billion loss in its food delivery operations.

Bitcoin Is Humanity's 'Best Bet' Against Currency Debasement, Says Anthony Pompliano: 'We Owe So Much To Satoshi Nakamoto' - Benzinga

Entrepreneur and investor Anthony Pompliano hailed Bitcoin (CRYPTO: BTC) as the ultimate solution to the global issue of currency debasement and the “most important technology invention” of the current era on Sunday.

Will Your Tesla Car Support Grok? Only These Vehicles Will Be Able To Run Elon Musk-Led xAI's Latest AI Model - Tesla (NASDAQ:TSLA) - Benzinga

Tesla will introduce AI model Grok to select US models, using AMD Ryzen chip as Musk teases epic demo by end of 2025.

Earnings Scheduled For July 14, 2025 - Equity Bancshares (NYSE:EQBK), Fastenal (NASDAQ:FAST) - Benzinga

Tucker Carlson Claims Jeffrey Epstein Was an Israeli Agent Blackmailing US Politicians - Benzinga

Tucker Carlson has alleged that Jeffrey Epstein was a pawn in the hands of Israeli intelligence, tasked with blackmailing American politicians.

Carney Faces Cross-Border Pressure Amid High-Stakes US Trade Talks Carney Faces Cross-Border Pressure Amid High-Stakes US Trade Talks - Benzinga

Carney faces growing criticism at home as Trump threatens steep tariffs amid tense Canada-U.S. trade negotiations.

Secret Service Suspends Six Agents After Butler Rally Failures Last Year — Trump Says 'They Had a Bad Day' - Benzinga

Six Secret Service agents were suspended after security failures at Trump's 2024 Butler rally.

Jeffrey Epstein Case: Ex-Trump White House Lawyer Says Pam Bondi Isn’t Going Anywhere Amid Power Struggle - Benzinga

In the face of an ongoing power struggle within the Trump administration, the position of Attorney General Pam Bondi remains unthreatened, says Ty Cobb, a former White House lawyer.

Private Credit Market Sees Opportunity Amid Donald Trump's Tariff Policies, Moody's Reports - Benzinga

President Trump's tariff policies are said to be providing a significant boost to the private credit market.

Ex-Trump Lawyer Dershowitz Claims Knowledge of Epstein Client List: ‘I Know the Names, But I’m Bound by Confidentiality' - Benzinga

Alan Dershowitz has asserted that he is aware of the identities on the purported client list of the late financier Jeffrey Epstein.

Google Software Engineers See Pay Surge Amid AI Boom, Here’s How Much They Would Be Paid - Alphabet (NASDAQ:GOOGL) - Benzinga

In the escalating war for AI talent, Google is pulling out all the stops, offering substantial salaries to lure top-tier professionals.

Trump Vs Musk: Sam Altman Saw the Signs: 'Elon Busts Up With Everybody, That’s What He Does' - Benzinga

Elon Musk has found himself at odds with President Trump, a situation that was foreseen by Sam Altman.

GameStop Auction Sees Over $200K Bid for Stapler That Broke Nintendo Switch 2 Consoles - GameStop (NYSE:GME) - Benzinga

GameStop is auctioning off a notorious stapler that caused damage to Nintendo Switch 2 screens.

Mark Zuckerberg Poaches Sam Altman’s Talent With Multimillion-Dollar Offers To Build Meta’s AI Team - Meta Platforms (NASDAQ:META), ProShares Trust ProShares S&P 500 Dynamic Buffer ETF (BATS:FB) - Benzinga

Meta is on a relentless pursuit for AI specialists, with remuneration packages that outstrip those of professional sports stars and Fortune 500 CEOs.

Google Beats OpenAI, Secures Windsurf Technology, CEO And Key Staff For $2.4 Billion - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL) - Benzinga

Google finalized a $2.4 billion deal with AI coding startup Windsurf, including hiring its CEO and key employees.

Bill Gates Warns Of 'Devestating Effects' Of USAID Funding Cuts: 'It's Not Too Late To Reverse Them' - Microsoft (NASDAQ:MSFT), Gilead Sciences (NASDAQ:GILD) - Benzinga

Bill Gates raises concerns over U.S. aid cuts' impact on HIV programs in Africa and calls for a reversal of the decision.

Elon Musk Rejects Reports That xAI Is Looking To Raise Additional Funds At $200 Billion Valuation: 'We Have Plenty Of Capital' - Tesla (NASDAQ:TSLA) - Benzinga

Elon Musk denies xAI's fundraising, but the potential $200 billion valuation shows rapid growth and ambition in AI.

Trump Administration Lays Off Over 1,350 State Department Employees After Getting Supreme Court Go-Ahead - Benzinga

The Donald Trump administration is dismissing over 1,350 employees from the State Department as part of a restructuring effort.

JP Morgan CEO Jamie Dimon Calls Democrats 'Idiots' For Their DEI Policies: 'Big Hearts And Little Brains' - JPMorgan Chase (NYSE:JPM) - Benzinga

JPMorgan CEO Jamie Dimon called Democrats idiots with big hearts and little brains for their DEI policies.

Deputy FBI Director Dan Bongino Considers Resignation Amid Epstein Memo Fallout: Report - Benzinga

Deputy FBI Director Dan Bongino may resign over tensions with Justice Department regarding Jeffrey Epstein memo.

Nvidia CEO Jensen Huang Warns AI Could Replace Jobs If Innovation Stalls: 'If The World Runs Out Of Ideas' - NVIDIA (NASDAQ:NVDA) - Benzinga

Nvidia (NASDAQ: NVDA) CEO Jensen Huang stated that AI-driven productivity gains could lead to widespread job losses if industries fail to innovate.

Fuel Supply Was Cut Moments Before Air India Crash As Per Preliminary Report - GE Aerospace (NYSE:GE), Boeing (NYSE:BA) - Benzinga

Fuel supply cut led to Air India crash involving Boeing 787 Dreamliner, preliminary report says. 260 lives lost. Investigation ongoing.

Amid Trump Tariffs, US Customs Duty Collection Exceeds $100 Billion In A Fiscal Year For The First Time: Report - Benzinga

US customs duty collections surpass $100B for the first time in a fiscal year, attributed to Trump's tariffs.

OpenAI Postpones Open Model Release Indefinitely: 'We Need Time,' Says Sam Altman - Benzinga

OpenAI delays open model release indefinitely, citing need for additional safety testing and review of high-risk areas.