Trump-era tariffs generated $175 billion in revenue that is now deemed illegal, with refund delays potentially costing American taxpayers $700 million monthly in accruing interest. The Cato Institute warns that consumers will bear the primary burden of these costs.
Elon Musk has announced the launch of 'X Money', a payments platform that can be accessed by users who donate $1,000 to William Shatner's children and veterans charity. This represents Musk's entry into the payments space through his X platform.
Finance leaders are split on how to handle potential tariff refunds following a Supreme Court IEEPA ruling, with only 18% planning to fully reverse price increases. The ruling creates uncertainty about whether companies will share potential refunds with customers or suppliers.
Sea Limited doubled its annual earnings but shares experienced their worst drop in 2 years due to investor concerns about profitability. The company's fintech division Monee was the standout performer with 60% growth in 2025.
Bernie Sanders proposes a billionaire tax targeting approximately 900 individuals to fund $3,000 payments to middle-class Americans. The tax would reduce the average billionaire's wealth by half over a 15-year period.
JPMorgan CEO Jamie Dimon dismissed Trump's $5 billion lawsuit against the bank as having 'no merit' while acknowledging he would also be angry about debanking. Dimon attributed controversial account closures to regulatory pressure forcing banks to take such actions.
SpaceX is reportedly moving toward an IPO despite Elon Musk's previous statements that going public before reaching Mars would be detrimental to the company. The article suggests this shift may indicate that private funding sources are becoming exhausted for SpaceX's ambitious long-term missions.
CFOs are increasingly prioritizing cybersecurity investments as a critical business requirement rather than an optional expense. Rising geopolitical tensions are driving finance leaders to treat security risks as material balance-sheet exposures that require systematic management and investment.
Nasdaq has filed for prediction market-style options on the Nasdaq-100 index, which would allow traders to place bets on the stock performance of major companies. This product would cover high-profile stocks including Nvidia, Apple, Google, and Tesla.
Ripple unlocked 1 billion XRP tokens from escrow while Solana led major cryptocurrencies with an 11% price surge. Elon Musk made controversial comments comparing Anthropic's CEO to disgraced FTX founder Sam Bankman-Fried, escalating tensions in the AI sector.
Senator Sanders and Representative Khanna have proposed legislation for an annual 5% wealth tax targeting billionaires, which would include taxes on unrealized gains. The funds raised would be directed toward social programs for lower-income Americans.
Nasdaq is seeking SEC approval to launch stock-linked binary event contracts, marking the traditional exchange's entry into the prediction markets space. This move represents traditional finance's attempt to capitalize on the growing popularity of prediction markets.
Nasdaq is seeking to enter the prediction markets business through SEC regulatory channels. The exchange giant's move signals growing institutional interest in prediction markets as a legitimate financial product.
The article examines the performance of gold, Bitcoin, and oil markets during Trump's presidency, highlighting how political developments, inflation concerns, and dollar weakness influenced these asset classes over the past year.
Risk assets have continued their upward trajectory at the start of March despite geopolitical instability from weekend regime changes in the Middle East. Markets appear to be shrugging off the regional uncertainty and maintaining their bullish momentum.
Kalshi prediction market users are protesting contract terms for a market betting on the removal of Iranian Supreme Leader Khamenei, with millions at stake. The controversy centers around a 'death carveout' clause in the contract that traders claim was not properly disclosed or understood when placing bets.
Nasdaq is seeking SEC approval to offer prediction-style binary options tied to its flagship Nasdaq 100 index. The proposed product would mirror the probability-based format commonly used on prediction market platforms like Polymarket and Kalshi.
Nasdaq has filed a proposal with the SEC to list binary prediction market bets on the Nasdaq-100, following Cboe's similar move into yes-or-no betting products. This represents traditional exchanges' expansion into prediction markets amid growing demand for these financial products.
