An attack on a cargo vessel near Yemen raises war-risk premiums and risks rerouting Asia-Europe trade flows amid fragile ceasefire conditions. A cargo ship came under attack 30 nautical miles southwest of Hodeida, Yemen, on Sunday, triggering a distress alert. The vessel a
Couples above the $252,000 IRS income cap can bypass Roth IRA limits using after-tax contributions and conversions. High earners exceeding IRS income limits for Roth IRAs are using a backdoor strategy to contribute up to $8,600 tax-free in 2026. The method involves deposit
US-linked wallets traded $571 million in political contracts US residents have traded $571 million on Polymarket despite a ban. The money is primarily focused on foreign-conflict markets. The platform cannot legally serve US-linked wallets, yet they still traded
US economy defies recession despite Iran war The US economy has shown remarkable resilience nearly four months after the start of the Iran war. The conflict initially triggered a severe disruption to global energy markets and a sharp rise in oil prices. Recent di
The program provides government-funded investment accounts for children born between 2025 and 2028 to promote financial literacy. The U.S. government will introduce Trump Accounts on July 6, offering $1,000 in seed funding for newborns between 2025 and 2028. The initiative
French AI firm Mistral AI targets $3.5 billion raise at $23.15 billion valuation, doubling its prior valuation amid rapid revenue growth. Mistral AI is reportedly seeking a $3.5 billion funding round at a $23.15 billion valuation, nearly doubling its previous valuation. Th
Congress and courts counter Trump's wind power rollback The US offshore wind industry is experiencing a resurgence in support. After the Trump administration rolled back wind energy goals, Congress and federal judges have pushed back, allowing progress to continue.
CrowdStrike Holdings Inc. (NASDAQ:CRWD) is one of the best NASDAQ stocks to invest in for long term. On June 10, CrowdStrike announced it has joined the OpenID Foundation as a Sustaining Corporate Member and partnered with IDPro to drive the transition toward continuous, r
Retail investors lost $3.81 billion on TRUMP memecoin Nearly 988,905 investors who purchased the TRUMP memecoin have lost money, with cumulative losses totaling $3.81 billion. The coin is currently trading at $1.76, down 97% from its peak of $75.35. A small numbe
A 74-year-old man is still waiting for a $3,000 refund A 74-year-old Florida man was pressured into buying a $3,000 extended truck warranty. He canceled the agreement within the 30-day waiting period. The man had signed the agreement with Exclusive National Auto Clu
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