Business
President-elect Donald Trump on Tuesday nominated Cantor Fitzgerald CEO Howard Lutnick to serve as commerce secretary. Lutnick, 63, has served as the co-chair of Trump’s transition team and was a key fundraiser for Trump’s 2020 and 2024 campaigns. Billionaire and Trump backer Elon Musk endorsed Lutnick for Treasury secretary. A source…
Kim Kardashian recently got to experience some of Tesla’s upcoming technology firsthand. The businesswoman and reality TV star on Monday afternoon posted video of her talking to one of Tesla’s humanoid Optimus robots, writing, “Meet my new friend.”In the video, the white Optimus robot stood in a grassy area while…
Trump Media and Technology Group (TMTG) is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt at a time digital assets are soaring since President-elect Trump — majority shareholder of the social media company — secured a second term in the White House. Citing two sources, the Financial Times reported…
Howard Lutnick will keep America first – that’s the subject of “The Riff.” So, many congrats to an old friend, Howard Lutnick, just nominated by President-elect Donald Trump to be Secretary of the Commerce Department.Howard is a strong Trump supporter and friend for many years, a strong Trump campaigner and…
President-elect Trump traveled to Texas Tuesday to watch the SpaceX launch. “I’m heading to the Great State of Texas to watch the launch of the largest object ever to be elevated, not only to Space, but simply by lifting off the ground,” Trump wrote on Truth Social.”Good luck to Elon…
Texas remains one of 11 states where sports betting is illegal, and a new study showed government officials may want to get with the times. Eilers & Krejcik, an independent research firm, conducted a new study showing sports betting would pay off for the state of Texas, FOX Business has…
The Department of Government Efficiency (DOGE) that President-elect Trump has tasked Elon Musk and Vivek Ramaswamy with leading is reportedly considering developing a mobile app to make it easier for taxpayers to file their returns for free. The Washington Post on Tuesday reported citing two people familiar with conversations by DOGE…
Investors are positioning themselves to benefit from a continued rally in the price of Bitcoin on the first day of options trading in the iShares Bitcoin Trust, the biggest exchange-traded fund focused on the cryptocurrency. Around midday on Tuesday, about 100,000 options on the ETF, which trades with the ticker…
A Delta passenger was outraged after allegedly facing a long line when attempting to leave one of their carrier’s airport lounges in Atlanta. The passenger claimed on a Reddit thread, “Line to leave T-terminal Sky Club in ATL,” that it was taking upward of 20 minutes to leave the Sky…
Blackstone announced Tuesday it will acquire sandwich chain Jersey Mike’s Subs. The asset management firm said the majority ownership stake will be purchased by its “most recent flagship private equity vehicle” and other funds it manages.Blackstone aims to complete the purchase early next year. Reuters reported that the deal values…