THE CHANGING FORTUNES OF THE WORLD’S RICHEST T he stock market recovered from a brief mid-June dip to rise to new record highs this week as the White House reached a deal with a bipartisan group of senators on an infrastructure bill. Tesla’s Elon Musk was the rally’s biggest beneficiary. Musk, the world’s third richest…
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Share to FacebookShare to TwitterShare to LinkedinTopline Every adult citizen in El Salvador will receive $30 worth of bitcoin when they download and register the government’s cryptocurrency app, President Nayib Bukele announced late Thursday as he unveiled details on how the nation would become the first to make bitcoin legal tender. Bitcoin will soon become…
Experts say the bar for high-quality athletes in revenue drivers like basketball and football could be in the six-figure range, possibly millions. Kevin C. Cox/Getty Images When Blake Lawrence cofounded athlete marketing platform Opendorse in 2012, the idea of college athletes turning a profit on sponsorships and endorsements was a pipe dream, outlawed by the…
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Share to FacebookShare to TwitterShare to LinkedinTopline Two weeks after announcing a debt offering to fund the investment, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation in the world, has spent nearly $500 million to acquire more of the world’s largest cryptocurrency—taking advantage of crashing prices Monday morning despite warning of…
Share to FacebookShare to TwitterShare to LinkedinTopline Kyle Rittenhouse, the teenager charged with killing two people and wounding a third during racial justice unrest in Wisconsin last year, is continuing to rack up massive amounts of donations ahead of his November trial, according to a legal defense fund associated with his family which said Monday…
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The great-grandson of a successful Black real estate developer who used his influence to integrate his community, fintech entrepreneur Wole Coaxum carries on his family’s dream by bringing financial services to the unbanked across America. After a devastating year, Christmas came early for 4,000 financially hurting residents of Honolulu. Early last December, they received personalized…
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