Crunchmarkets’s info on the world of finance
As Chair of the U.S. Federal Reserve, Jerome Powell recently testified at a Senate Banking, Housing and Urban Affairs Committee hearing. The primary subject was the Semiannual Monetary Policy Report presented to Congress. This took place on Capitol Hill, Washington, U.S., on February 11, 2025. The prevalent perspective among Federal […]
“An Authentic Leader: Trump’s Selection of Dan Caine as Chief US Military Officer” In the realm of leadership, former President Donald Trump’s selection of Dan Caine for the pinnacle role of Chief US Military Officer is a testament to his discerning eye for leadership qualities. This article delves into the […]
Warren Buffett’s Berkshire Hathaway reported a significant boost in its fourth-quarter earnings for 2024, largely due to the performance of its insurance sector, resulting in the conglomerate’s cash holdings reaching unprecedented levels. On Saturday, it was announced that the profit derived from the company’s wholly owned businesses, also known as […]
“Legal Battle Ignites as New York City Challenges Trump Administration Over $80 Million Migrant Aid Withdrawal” In a bold move, New York City has initiated a lawsuit against the Trump administration. The bone of contention? The revocation of an $80 million FEMA grant initially designated for migrant support. This legal […]
Ryan Cohen, the Chairman of GameStop and a billionaire investor, has reportedly increased his personal investment in the Chinese e-commerce behemoth, Alibaba. Cohen now owns approximately 7 million shares in Alibaba, roughly valued at $1 billion, as per a report by The Wall Street Journal. The massive investment in Alibaba […]
“American Authorities to Withdraw Immigration Case Against SpaceX” The United States government has recently made known its intentions to dismiss an immigration lawsuit lodged against SpaceX, the renowned space exploration company. This news is of significant interest to those with a vested interest in the company, as well as potential […]
President Trump has announced plans to conduct an audit of the U.S. gold reserves held at the legendary Fort Knox in Kentucky. The President made the statement on Air Force One, sparking intrigue and curiosity on a national level. The movement towards an audit of Fort Knox has been gaining […]
“Berkshire Hathaway Liquidates Additional 750,000 DaVita Stocks” Berkshire Hathaway, the multinational conglomerate headed by business tycoon Warren Buffett, has opted to unload an extra 750,000 shares in DaVita, a prominent provider of kidney care services. This recent development is of utmost interest to investment enthusiasts and individuals keen on the […]
The world’s leading asset management firm, BlackRock, has embarked on a substantial acquisition campaign that promises to redefine its structure. Last year, BlackRock publicized a series of notable acquisitions, including a $12 billion agreement to acquire private credit manager HPS Investment Partners (anticipated to conclude in mid-2025), a $12.5 billion […]
Sources indicate that Silver Lake, a leading technology investment firm, is reportedly in negotiations to acquire a controlling interest in Altera, a unit of multinational tech giant Intel. This potential merger could be of interest to those in the investment community or those generally curious about the tech industry. However, […]
