Newly unsealed Justice Department documents reveal that Coinbase co-founder Fred Ehrsam was involved in emails regarding a $3 million investment from Jeffrey Epstein in 2014, long after Epstein's initial conviction. While Epstein’s stake was less than 1% and he held no governance role, the records show Ehrsam expressed interest in a meeting during the funding round. The files show that Epstein’s team had direct communication with Ehrsam, a member of the Coinbase Board of Directors and co-founder, who di ...

Core Viewpoint - Nvidia plans to make a significant investment in OpenAI, which is expected to be its largest investment to date, as stated by CEO Jensen Huang, who also clarified that there are no issues with the relationship between Nvidia and OpenAI [1] Group 1 - Nvidia's upcoming investment in OpenAI is described as "huge" and potentially the largest in the company's history [1] - CEO Jensen Huang emphasized that he is not dissatisfied with OpenAI, countering any speculation regarding their partnership [1]

A 24-year-old woman is facing an unexpected ask from her 65-year-old father: he wants her to pay for his life insurance policy and think of it as an “investment.” Frankie, who shared her story on “The Ramsey Show,” said her dad told her he didn't want to pay for it himself, since she would be the one benefiting eventually. “That’s so weird, isn’t it?” personal finance expert Dave Ramsey responded right away. “When you heard that, you had to go, ‘Say what?'” Don't Miss: The ‘ChatGPT of Marketing' Just O ...

Amazon is in talks to invest as much as $50 billion in OpenAI, the Wall Street Journal reported on Thursday, citing people familiar with the matter. ...

Ares Management Corporation (NYSE:ARES) stated that funds managed by its credit platform served as the administrative agent for $1.6 billion in debt financing in connection with the merger of Suave Brands Company and Elida Beauty, Yellow Wood Partners portfolio companies.The combined company will now be named Evermark and comprises personal healthcare brands such as Suave, Pond's, Caress, St. Ives, Noxzema and TIGI, an announcement made by Ares stated."We are pleased to lead the financing for the creation o ...

The 2025 Charles Schwab Modern Wealth Survey found that 49% of non-investors cited insufficient funds as the reason they don’t invest, with the median typical starting amount reported at $1,000. But delaying investing until you have a lot of money means falling behind and missing out on compound growth. In a recent video, money expert Jaspreet Singh explained that you can start building wealth with only $100, which he said could grow to over $34,000 in 50 years. Learn about his recommended strategies for ...

SoftBank is in discussions to invest up to an additional $30 billion in OpenAI, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Viewpoint - The decision to pay off a mortgage early or invest depends on individual risk tolerance, financial circumstances, interest rates, and market conditions, with no one-size-fits-all answer [2][4][10]. Group 1: Mortgage vs. Investment - Many individuals view debt negatively and aim to pay it off quickly, but this approach may not be optimal for mortgages compared to other high-interest debts [3][12]. - Some experts suggest that investing available funds may yield higher returns than the savings from paying down a mortgage [4][18]. - A 30-year mortgage can have low monthly payments, reducing the urgency to pay it off early, but it also results in significant interest payments over time [6][8]. Group 2: Factors to Consider - Key considerations when deciding whether to pay off a mortgage or invest include having sufficient emergency savings, retirement savings, and the amount of other debt carried [11][12]. - The potential for increasing income and future financial moves should also be assessed, as these can influence the decision [11][12]. - Comparing mortgage rates to expected investment returns is crucial; if investment returns exceed mortgage interest rates, maintaining the mortgage may be advantageous [11][18]. Group 3: Pros and Cons - Paying off a mortgage early can save on interest and eliminate a significant monthly expense, potentially improving credit scores [12][18]. - However, tying up excess cash in a mortgage can limit liquidity, and homeowners may lose tax benefits associated with mortgage interest deductions [12][18]. - Investing instead can provide liquidity and potential higher returns, but it also carries risks, including market volatility [18][19].

Core Viewpoint - Ryanair's CEO, Michael O'Leary, indicated that the public dispute with Elon Musk has positively impacted the airline's bookings, suggesting that Musk's involvement has generated beneficial publicity for Ryanair [1][2][3] Group 1: Impact of Publicity - O'Leary noted that the airline experienced a "very significant" surge in bookings, increasing by 2% to 3% over the past five days due to the publicity generated from Musk's comments [3] - The airline received "three or four million hits" for its promotional "great idiots" seat sale launched in response to the public spat with Musk [2] Group 2: Financial Considerations - O'Leary explained that Ryanair chose not to install Starlink satellite internet due to high installation costs and potential fuel drag, estimating an increase in fuel expenses by "€100 and €200 million" annually [1] - Ryanair's shares have been performing well, rising 2.83% over the past week amid Musk's acquisition proposal, with a notable 1.37% increase on Wednesday, closing at $70.45 [5] Group 3: Investment Opportunities - O'Leary extended an invitation for Musk to invest in Ryanair, emphasizing that it is a publicly owned company and suggesting that it represents a better investment opportunity compared to Musk's acquisition of X for $44 billion [4]