Gold prices have been smashing new records this year, and a growing cadre of wealthy investors and family offices are no longer content to let their gold bars sit idle in vaults. They are leasing their bullion to refiners, jewelers, and fabricators for interest, defying gold’s reputation as a non-yielding asset. “We’ve got a whole…
Acting Administrator of the Federal Emergency Management Agency (FEMA) David Richardson testifies before the House Committee on Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings, and Emergency Management in the Rayburn House Office Building on July 23, 2025 in Washington, DC. Kevin Dietsch | Getty Images David Richardson, the acting head of the Federal…
Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it has cut the direct-to-consumer prices of its blockbuster weight loss drug Wegovy and diabetes counterpart Ozempic, adding to efforts by the company and the Trump administration to…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on November 14, 2025. Charly Triballeau | Afp | Getty Images Stock futures were mixed on Monday following a choppy week in which valuation fears, a rotation within the market and a recalibration of Federal Reserve rate cut expectations pressured…
Visitors in front of the Cinderella Castle at Tokyo Disneyland in Tokyo, Japan on Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Japan on Monday said it dispatched a senior foreign ministry official to China to ease rising tensions, public broadcaster NHK reported, as tourism-exposed stocks in Tokyo slumped amid the diplomatic feud. Masaaki…
Bill Ford (L) Chairman and CEO of General Atlantic, and Philippe Laffont (R) founder and portfolio manager of Coatue Management, speak during CNBC’s Delivering Alpha event in New York City on Nov. 13, 2025. Adam Jeffery | CNBC The biggest investors in the world often have a greater focus on the private than public markets,…
Federal officials confirmed Saturday that a surge of immigration enforcement in North Carolina’s largest city has begun, as agents were seen making arrests in multiple locations. “Americans should be able to live without fear of violent criminal illegal aliens hurting them, their families, or their neighbors,” Assistant Homeland Security Secretary Tricia McLaughlin said in a…
As Warren Buffett gets closer to stepping down as CEO at the end of next month, he told shareholders he will be “going quiet,” but only “sort of.” More on his Thanksgiving letter, which looks like it could become a substantial annual tradition, below. First: A surprising stake There was a notable surprise in Berkshire…
Alphabet and Disney on Friday announced that they’ve reached a deal to restore content from ABC and ESPN onto Google’s YouTube TV. The deal comes after a two-week standoff between the two companies that started on Oct. 31. The stalemate resulted in numerous live sporting events, including college football games and two Monday Night Football…
David Einhorn’s Greenlight Capital poured money into PG & E and other consumer-facing stocks in the third quarter, while also reducing some technology exposure. The hedge fund manager built out a stake worth nearly $100 million in California-based utility PG & E during the three months ended Sept. 30, regulatory fillings show, making it the…
