The trust that holds US President Donald Trump's assets bought millions of US dollars' worth of Meta and SpaceX securities in August, according to a document released on Thursday. Although the trust is managed independently, the thousands of trades made since the start of Trump's second term have drawn accusations of conflicts of interest. Many companies – notably SpaceX, with its US government contracts – stand to be directly affected by decisions of the Trump administration. According to the filing posted by the Office of Government Ethics (OGE), between US$5 million and US$25 million in shares of Meta, the parent of Facebook and Instagram, were purchased. In SpaceX's case, the purchase was of bonds – the company's debt – totalling between US$1 million and US$5 million. The trust also took smaller stakes in three data centre operators: CoreWeave, American Tower and Cogent Communications. The largest of those was in American Tower, at between US$51,000 and US$115,000. Several tech players also appear on the list, including AI chipmaker Nvidia – whose CEO advises Trump on AI – and Microsoft. As in previous months, the trust was highly active in the markets, with 517 transactions in August. The Meta purchases were by far the largest of any company in the...
Read full articleHundreds have pitched their tents in central Madrid, while the Spanish prime minister has called a snap election.
The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
Even though sales rose in the most recent quarter, the beverage and snack company is under increasing pressure to expand its business in North America, as consumers cut costs and calories.
You've met someone and it's going well so far. But bringing up how much you both earn can be a tricky conversation.
A judge temporarily blocked the president from barring journalists from White House grounds, but they are being excluded in other ways.
French bond investors are demanding sharply higher interest rates, a cautionary development for other high-debt countries.
An American Airlines flight was diverted to New York on Tuesday because of an “inadequate number of operational lavatories” — two, on a plane that normally has eight.
Bergdorf Goodman, which has survived two bankruptcies in six years, is getting back to its white-glove origins.
Burton-upon-Trent's links with beer and brewing date back centuries.
People living in a block of flats take their landlord to tribunal over a 300 per cent increase.
Retailer issues update after BBC contacted by cyber criminals who said this week's breach went beyond "basic contact details"
Plans for more trains would “likely increase delays and cancelled trains", the rail regulator says.