Finance

Trump has turned the dollar into a foreign policy tool, a move economists say could backfire

For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for rare circumstances. When it did, the Federal...

Sonic Automotive President Sells 50,000 Shares

Sonic Automotive (SAH 0.58%), a major U.S. auto retailer, reported a notable insider sale amid ongoing shifts in executive shareholdings.On June 9 and...

1 Analyst Puts the Odds of a Tesla and SpaceX Merger at 80%. Here’s What That Would Mean for Tesla Investors.

For more than two decades, putting a number on a Tesla-SpaceX merger was guesswork because only one of the two companies traded publicly....

UFC fighters at the White House got Trump family stablecoins—and a legal gap makes it possible

Trump’s Ultimate Fighting Championship Freedom 250 spectacle on the White House South Lawn resulted in record bonuses for the winners. The fighters, though,...

Over 200 Crypto Firms Now Back the Clarity Act. If It Passes, This 1 Cryptocurrency Could Soar in Price

On June 7, a coalition of more than 200 crypto firms sent a letter to Senate Majority Leader John Thune and Minority Leader...

Trump gets Iran peace deal and rages against Netanyahu: ‘He has no f—ing judgement’

President Trump, Iranian officials, and Pakistani mediators have all said publicly that a deal has been reached to end the conflict in the...