Bitcoin slipped below $95,000 on Friday, extending a four-day slide amid an AI-linked pullback in Big Tech. The token last traded at $94,896.03, down 3.5%, after briefly reclaiming $107,000 on Tuesday before rolling over. Futures tied to the Nasdaq-100 fell more than 1% premarket, with Meta, Alphabet, Intel, Nvidia and...
Sports teams are shifting from trophies to core investments for the ultra-wealthy, a J.P. Morgan Private Bank survey finds. Among 111 billionaire family-office principals polled by its 23 Wall unit, 20% now own controlling stakes, up from 6% in 2022. Thirty-four percent invest in teams or arenas, eclipsing art and...
Last week, Health Secretary Robert F. Kennedy Jr. stood in the Oval Office and praised President Trump’s drug pricing deal for weight loss drugs, thanking the chiefs of Novo Nordisk and Eli Lilly. The move marked a sharp turn from his past attacks on such medications and their makers. The...
D.R. Horton, the nation’s largest homebuilder, is turning to Prophetic’s AI to accelerate land acquisition and development amid a housing shortfall. Chronic underbuilding has left an estimated 4 million home deficit and driven prices more than 50% above pre-pandemic levels, while builders struggle with high costs and complex entitlements. Prophetic’s...
Ford's F-150 Lightning, once seen as a hit, has stalled after Congress and President Trump eliminated federal tax credits for electric-vehicle purchases at the end of September, triggering a sharp sales drop for costly models. Ford has halted production of the $55,000-to-$85,000 truck and won't say if or when it...
Apple unveiled the iPhone Pocket, a knitted strap created with Issey Miyake, pitched as an 'additional pocket' for any iPhone and everyday items. Launching Friday in multiple colors, it costs $149.95 for the short version and $229.95 for the long. The price drew ridicule online—comparisons to a sock and Borat’s...
Disney closed its 2025 fiscal year with streaming momentum, posting 195.7 million combined Disney+ and Hulu subscriptions, up 12.4 million and topping estimates by 2.1 million. Disney+ rose to 131.6 million as Lilo & Stitch drew 14.3 million five day views; Hulu added 8.6 million, fueled by Charter’s distribution deal....
The Trump administration is exploring portable mortgages that would let homeowners carry their existing rates when moving, FHFA Director Bill Pulte said, as part of a broader push on affordability that also weighs assumable loans and a 50-year option. With over half of mortgage holders below 4% while new loans...
Arrived, a 2021 startup letting people buy $100 shares of rental homes, raised $27 million led by Neo to launch a secondary market that trades stakes in individual houses in minutes. Backers describe it as a stock market for real estate; in its first three weeks, users placed 57,000 buy...
A Bank of America survey of 335 family offices finds most wealth hasn’t yet been handed down — and big changes loom when it is. With 59% planning transfers within a decade, heirs are expected to reshape missions, boost alternatives, lean into AI, and in some cases even shutter offices,...
