Core Viewpoint - Intel is enhancing its employee benefits by matching the U.S. government's $1,000 payout for children of eligible employees, reflecting a strong partnership with the Trump administration following the government's investment in the company [1][2]. Group 1: Company Initiatives - Intel will match the $1,000 contribution for children of eligible U.S. employees as part of the 530A program, also known as "Trump Accounts," which aims to provide financial foundations for future technologists [1][3]. - The company is joining other firms like SoFi, Charter Communications, and BlackRock in offering this matching contribution, indicating a broader trend among corporations to support the initiative [2][4]. Group 2: Program Details - The 530A program allows parents to open tax-advantaged investment accounts for children under 18, with government seed funding of $1,000 for children born between 2025 and 2028 [3][5]. - Employer contributions up to $2,500 are not considered taxable income, providing additional financial benefits to families [5].

The U.S. dollar fell about 1.3% on Tuesday, the most since last April, after President Donald Trump declined to say that the currency had fallen too much. Speaking to reporters during a visit to Iowa to promote his economic record, Trump was asked if he was comfortable with the current value of the greenback and if he thought it had fallen too much after sliding 10% over the past year. "I think it's great," Trump said of the weaker dollar. "I mean the value of the dollar, look at the business we're doing. N ...

Core Viewpoint - AppLovin has issued a cease and desist letter to CapitalWatch, claiming that the allegations made in a report labeling the company as a "digital laundromat" for criminal syndicates are defamatory and unfounded [1]. Group 1: Allegations and Responses - CapitalWatch's report alleges systemic compliance risks and suspicions of major financial crimes within AppLovin's capital structure [2]. - The report highlights a close relationship between Hao Tang, a significant AppLovin shareholder, and Chen Zhi, chairman of the Cambodia-based Prince Group [2]. - AppLovin has denied any association with the Prince Group or its affiliates, asserting that the report lacks evidence to support its claims [3]. Group 2: Legal Context - Chen Zhi was charged by the U.S. Department of Justice with wire fraud conspiracy and money laundering conspiracy, with approximately $15 billion in bitcoin seized from his cryptocurrency wallets [3]. - The U.S. Treasury Department designated Prince Group as a "Transnational Criminal Organization" on the same day as the charges against Chen Zhi [3]. - CapitalWatch's allegations suggest that the connections between Tang and Zhi indicate they are part of the same criminal network [3].

A five-month process of finding the next Federal Reserve chair appears to be down to its final days, with one candidate emerging as the betting favorite even as others remain in the mix.BlackRock fixed income chief Rick Rieder is seen by prediction markets as the frontrunner to replace Jerome Powell at the helm of the central bank. Kalshi has the Wall Street veteran holding a 48% chance, well ahead of the next-closest competitor, former Governor Kevin Warsh, at 31%.But sentiment has been volatile, and it wa ...

On Monday, Amazon's chief merchant, John Farrell, announced in a LinkedIn post that he's leaving the company to "explore new challenges." Farrell oversaw buying for its Fresh division and joined Amazon in 2019 from British supermarket chain Tesco. Amazon is reshaping its grocery business as it continues its nearly two-decade effort to become a giant in the U.S. grocery market. In recent years, Amazon has expanded its selection of fresh food and grocery staples at same-day warehouses in the U.S., while testi ...

U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025."Overall, the Fed just wants to stand pat. They feel they've got time to wait and see," former Fed Vice Chair Roger Ferguson said in a CNBC interview Monday. "This feels like a wait-and-see meeting, and we should all be listening to see if there's any hint or a bias towards a future action."Despite a recent spate of disagreements amo ...

Core Insights - Redwire Corporation's shares increased by 28% following its participation in a Defense Department contract worth up to $151 billion to support the 'Golden Dome' initiative [1] - The 'Golden Dome' defense system is designed to create new defense, aerospace, and cybersecurity systems to protect the U.S., similar to Israel's Iron Dome [2] Group 1: Company Developments - Redwire Corporation is among thousands of vendors awarded contracts under the Missile Defense Agency to develop advanced defense systems [1] - Other notable companies involved in the contract include AeroVironment, Palantir, Firefly Aerospace, Lockheed Martin, Anduril, and Blue Origin [2] Group 2: Industry Context - The 'Golden Dome' initiative was announced by former President Trump, with an estimated cost of $175 billion and a projected operational timeline of about three years [2]

In this articleZSLSLVIn this photo illustration, silver bars are displayed at Polyak Precious Metals on Jan. 14, 2026 in San Francisco, California. Justin Sullivan | Getty ImagesRetail investors are betting big on major swings in silver.The question is which way the precious metal could go.Individual investors on Monday sent about $171 million on net into the iShares Silver Trust (SLV), a popular exchange-traded fund that tracks the metal, according to market research firm VandaTrack. That marked the larges ...

Luxury conglomerate LVMH reported better-than-expected earnings after the bell on Tuesday and a second quarter of organic revenue growth, as the sector's recovering business in China starts to show up in balance sheets.Organic revenue grew by 1% in the fourth quarter, flat from the same period a year earlier. Over the full year, revenue decline 1%.The company reported fourth-quarter revenue of 22.7 billion euros, beating LSEG estimates of 22.2 billion euros. For the full year, revenue came to 80.8 billion e ...

Core Viewpoint - TikTok has settled with a plaintiff and will not participate in a significant social media trial, which will continue against Meta and YouTube [1] Group 1: Legal Developments - The trial is set to take place in Los Angeles Superior Court and is the first of several major legal cases against social media companies in 2026, drawing parallels to the lawsuits against 'Big Tobacco' in the 1990s [1] - An attorney for the plaintiff expressed satisfaction with the settlement and indicated that the focus has shifted to Meta and YouTube for the ongoing trial [2] - Last week, Snapchat also reached a settlement with the plaintiff, indicating a trend among social media companies to resolve legal disputes [2]