Dernières nouvelles pour Franklin FTSE China ETF (ARCA:FLCH)

Franklin FTSE China ETF

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Under normal market conditions, the Fund invests at least 80 percent of its assets in the component securities of the FTSE China Capped Index and in depositary receipts representing such securities. The FTSE China Capped Index is a free float-adjusted market capitalization weighted index maintained and calculated by FTSE Russell with a capping methodology applied quarterly to issuer weights so that no single issuer of a component exceeds 25 percent of the FTSE China Capped Index weight, and all issuers with weights above 5 percent do not cumulatively exceed 50 percent of the FTSE China Capped Indexs weight. The FTSE China Capped Index is based on the FTSE China Index and is designed to measure the performance of Chinese large- and mid-capitalization stocks, as represented by H-Shares (securities of companies incorporated in the Peoples Republic of China (PRC) that are denominated in Hong Kong dollars and listed on the Hong Kong Exchange), B-Shares (securities of companies incorporated in the PRC that are denominated in U.S. dollars or Hong Kong dollars and listed for foreign investment on either the Shanghai or Shenzhen stock exchanges) and A-Shares (securities of companies incorporated in the PRC that are denominated in Chinese renminbi and listed on either the Shanghai or Shenzhen stock exchanges). The FTSE China Capped Index also includes certain securities listed outside of the PRC known as N-Shares (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by entities, companies or individuals in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the New York Stock Exchange, NASDAQ or the NYSE MKT), Red-Chips (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by entities owned by the national government or local governments in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the Hong Kong Exchange), P-Chips (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by individuals in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the Hong Kong Exchange) and S-Chips (issued by companies incorporated in certain foreign jurisdictions, which are controlled, directly or indirectly, by entities, companies or individuals in the PRC, derive substantial revenues or allocate substantial assets in the PRC and are listed on the Singapore Exchange). FTSE Russell determines eligible securities for the FTSE China Capped Index based on measures such as the companys place of incorporation, listing country, investor protection regulations present in the country of incorporation, tax domicile, location of headquarters/ factors of production and currency of denomination.

Alibaba Group Holding Ltd

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Elon Musk has found himself at odds with President Donald Trump, a situation that was foreseen by Sam Altman, CEO of OpenAI. 
The disagreement has been triggered by Musk&#8217;s criticism of the Trump administration and the President&#8217;s subsequent threat to pull government subsidies from Musk&#8217;s business ventures.
The alliance between Musk and Trump has been strained following Musk&#8217;s critique of the White House&#8217;s decision-making. 
Musk was particularly critical of Trump&#8217;s Big, Beautiful Bill, claiming it reversed all the budgetary efficiencies achieved by the Department of Government Efficiency (DOGE) and would push the country deeper into debt.
Altman, who had a falling out with Musk in 2018, was not taken aback by the development. Talking to reporters he <a href="https://www.youtube.com/watch?v=nStQhons8u0">said</a>, &#8220;Elon busts up with everybody, that's what he does.&#8221; 
Altman and Musk were among the founding partners of OpenAI, but their relationship deteriorated over time, resulting in Musk&#8217;s exit from the company.
Also Read: <a href="https://www.benzinga.com/25/03/44348000/elon-musk-and-sam-altman-just-agreed-on-one-thingand-no-its-not-a-business-deal">Elon Musk And Sam Altman Just Agreed On One Thing—And No, It&#8217;s Not A Business Deal</a>
After the fallout, Trump expressed his disappointment in Musk&nbsp;and threatened to withdraw government&nbsp;subsidies from Musk&#8217;s private ventures. Despite the disagreement,&nbsp;former Commerce Secretary Wilbur Ross&nbsp;told Fortune that a fallout between the two influential figures was inevitable.
Musk has yet to comment on the fallout. In the meantime, Altman is also dealing with challenges from other tech giants, including Mark Zuckerberg&#8216;s super intelligence research lab at Meta, which has been poaching talent from OpenAI.
The fallout between Musk and Trump could have significant implications for Musk&#8217;s businesses, particularly Tesla, which has benefited from government subsidies. 
The strained relationship could also impact the broader tech industry, given both Musk&#8217;s and Trump&#8217;s influence. 
Furthermore, the ongoing talent war between OpenAI and Meta underscores the intense competition in the tech industry, particularly in the field of artificial intelligence.
Read Next
<a href="https://www.benzinga.com/tech/24/12/42257564/musk-goes-to-court-to-block-openais-for-profit-transition" target="_blank" rel="noreferrer noopener">Musk Goes To Court To Block OpenAI&#8217;s For-Profit Transition</a>

Politics

Trump Vs Musk: Sam Altman Saw the Signs: 'Elon Busts Up With Everybody, That's What He Does'

Canadian Prime Minister Mark Carney is under mounting pressure as he navigates contentious trade talks with the United States amid fresh threats from President Donald Trump to impose a 35% tariff on <a target="_blank" href="https://www.benzinga.com/markets/macro-economic-events/25/06/46158982/trumps-canada-trade-flip-oil-market-shock-and-nvidias-rise-to-the-top-this-week-in-economy" rel="noreferrer noopener">Canadian imports starting August 1.</a>
Trump&#8217;s latest warning arrives while both nations are in the midst of hammering out a broader trade agreement—talks that have grown increasingly tense following several concessions from Ottawa.
These include a recent rollback of a proposed Digital Services Tax targeting tech giants, after Washington vowed to end trade talks unless the plan was scrapped, <a target="_blank" href="https://www.bbc.com/news/articles/cvg81518yyyo" rel="noreferrer noopener">reports </a>BBC News.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/07/46382047/trump-targets-mexico-eu-with-30-tariffs" rel="noreferrer noopener">Trump Targets Mexico, EU With 30% Tariffs</a>
Carney&#8217;s approach, once symbolized by a combative &#8220;elbows up&#8221; hockey metaphor, is now being questioned across the political spectrum.
Analysts and commentators have described his trade posture as inconsistent, with Canadian columnist Robyn Urback likening it to a &#8220;chicken dance.&#8221; Critics argue that caving on the digital tax and not responding to recent tariff escalations on steel and aluminum undermines his promise of standing firm against U.S. pressure.
While Carney&#8217;s government continues to enjoy strong domestic support in polls, some political scientists say the prime minister&#8217;s broader strategy—pursuing an expansive trade and security deal—lacks coherence.
Blayne Haggart, a professor at Brock University, said Canada&#8217;s recent reversals have accomplished &#8220;less than nothing.&#8221;
Others, like former government adviser Roland Paris, argue it&#8217;s too soon to judge and that the final agreement will determine whether Carney capitulated or played a smart long game.
Trump&#8217;s tariff warning letter also revived his criticism of Canadian drug policy, accusing Ottawa of not doing enough to curb fentanyl flow across the border.
Despite the friction, Carney has avoided retaliatory action and reiterated Canada&#8217;s commitment to protecting its workers and industries.
The U.S.-Mexico-Canada Agreement remains intact for now, exempting many Canadian goods from the threatened 35% tariff.
Canadian politicians across party lines have presented a united front. Pierre Poilievre, the Conservative leader, pledged full support to secure a strong deal, while British Columbia Premier David Eby emphasized national unity.
Experts, including Carleton University&#8217;s Fen Hampson, caution against judging the talks prematurely, pointing out that American businesses would also suffer from the tariffs and that Carney has made moves to diversify trade, including with the EU.
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Image: Shutterstock/Harrison Ha

Equities

General

Carney Faces Cross-Border Pressure Amid High-Stakes US Trade Talks

When 24-year-old Matt called into <a href="https://youtu.be/BVQGi9FJPeg?si=jT1l3poYraf9AkyE">"EntreLeadership" to speak with Dave Ramsey</a>, he wasn't looking for a pep talk. He opened with brutal honesty: "I have $260,000 in super crappy debt," and admitted he spent client deposits to cover payroll and past mistakes. "Now I'm screwed," he said.
Matt owns a remodeling business pulling in $750,000 a year with six full-time employees. But the books? A disaster. He racked up $185,000 in debt with credit cards, merchant cash advances, and bank loans. Then there's another $72,000 in unpaid vendor bills.
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And the worst part? He used money from new clients to patch up the old mess.
"I made some super silly decisions and didn't have a lot of financial clarity when I took these deposits," he said. "A lot of those deposits went towards kind of cash flowing the business and making up for losses on past projects."
Translation: He started projects with no cash to actually finish them.
One client paid him $128,000 up front for a $256,000 home addition — and the money's long gone. "We used that to float the business for the past six months," Matt admitted. Ramsey didn't need to say it out loud, but he did anyway: "They're going to go ballistic at some point — and rightly so."
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And it gets worse. Another project came with a $45,000 cabinet bill. Matt said he fears the vendor might slap a mechanics lien on the client's house because he can't pay up.
Still, Matt hasn't thrown in the towel. In fact, he's clawing his way back by focusing on smaller jobs with faster turnarounds — the kind that pay quicker and hurt less if something goes sideways.
Ramsey's advice was blunt but actionable: "Go take a bunch of short-term projects. Prioritize where every dollar goes. You've got to start generating some cash."
Ramsey told him to avoid large jobs for now and stick to the "quick-turn ankle-biters." If Matt can pull off $500,000 to $800,000 in these smaller gigs over the next year — at a 40% margin — he could work his way out of the hole.
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
That doesn't mean it'll be fun. "You're working for the mess you made," Ramsey said. "And you can clean it up, but you're going to pay for your sins by having no life for the next eight months."
Still, Ramsey <a href="https://www.benzinga.com/personal-finance/management/25/07/46285325/son-wants-to-cash-out-on-dads-6-million-business-dave-ramsey-brings-up-a-teary-man-who-regretted-selling-for-400-million">thinks the business can make it</a> — and maybe even thrive — if Matt stays focused, keeps job costs separate, and never touches deposit money until the job is finished.
Lesson learned? "Absolutely not doing that again," Matt said.
One more <a href="https://www.benzinga.com/personal-finance/management/25/07/46319259/dave-ramsey-warns-a-28-year-old-to-avoid-investing-in-a-business-with-zero-experience-you-have-no-freaking-idea-what-youre-getting-into">hard-earned win for experience</a>. And a cautionary tale for every business owner who thinks a deposit is just free cash. It's not. Ask Matt.
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Image: Shutterstock

Personal Finance

24-Year-Old Used Client Deposits To Pay Off Debt —Now He's $260K Down And Dave Ramsey Warns, 'They're Going To Go Ballistic'

Tucker Carlson, the former Fox News host, has alleged that the late financier Jeffrey Epstein was a pawn in the hands of Israeli intelligence, tasked with <a href="https://www.benzinga.com/news/politics/25/07/46264647/elon-musk-renews-demand-for-jeffrey-epstein-files-release-weeks-after-alleging-trump-is-named-in-them">blackmailing American politicians</a>.
Carlson made these contentious claims&nbsp;at a Turning Point USA&nbsp;summit held in Tampa on Friday. He raised questions about Epstein&#8217;s sudden accumulation of wealth and his influential connections, hinting at the possibility of Epstein being a tool for a foreign intelligence service, specifically Israel&#8217;s Mossad.
The Department of Justice recently&nbsp;concluded that Epstein did not&nbsp;have a rumored list of influential clients. This conclusion was a letdown for many supporters of President Donald Trump, who were anticipating a full disclosure of Epstein-related materials.
"The real question was not, was Jeffrey Epstein a weirdo? The real question was why was he doing this, on whose behalf, and where was the money coming from? I think the real answer is Jeffrey Epstein was working on behalf of intel services, probably not American, that foreign government is Israel.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x26a1;&#xFE0F;Tucker Carlson says Epstein was &quot;working on behalf&quot; of Israel and Israel was &quot;committing crimes&quot; on American soil. <a href="https://t.co/lQBZpoXD4N">pic.twitter.com/lQBZpoXD4N</a>
&mdash; War Monitor (@WarMonitors) <a href="https://twitter.com/WarMonitors/status/1943839948559593634?ref_src=twsrc%5Etfw">July 12, 2025</a></blockquote>
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Carlson took a jab at those defending the DOJ&#8217;s findings, emphasizing the need to scrutinize Epstein&#8217;s activities and sources of funding. He maintained that there was no anti-Semitic intent in suggesting that Epstein might have been working for Israel.
Also Read: <a href="https://www.benzinga.com/news/social-media/25/05/45710915/elon-musk-once-asked-why-epstein-maxwell-client-list-hasnt-leaked-heres-how-he-responded-to-x-user-who-suggested-he-was-a-client">Elon Musk Once Asked Why Epstein-Maxwell Client List Hasn&#8217;t Leaked — Here&#8217;s How He Responded to X User Who Suggested He Was a Client</a>
At the same summit, Laura Ingraham, another Fox News host, conducted an impromptu poll, inquiring from the audience about their satisfaction with the administration&#8217;s&nbsp;handling of the Epstein case.
Carlson&#8217;s allegations, if proven true, could have significant implications for the US-Israel relationship. It could also potentially impact the reputations of politicians who were in Epstein&#8217;s circle. However, without concrete evidence, these claims remain speculative and controversial.
Moreover, the DOJ&#8217;s conclusion about Epstein not having a list of influential clients contradicts Carlson&#8217;s claims. This discrepancy raises questions about the credibility of the allegations and the motives behind them.
As the Epstein case continues to unfold, it remains to be seen how these allegations will influence public opinion and the ongoing investigations.
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Tucker Carlson Claims Jeffrey Epstein Was an Israeli Agent Blackmailing US Politicians

President Donald Trump&#8216;s tariff policies are said to be providing a significant boost to the private credit market. 
What Happened:&nbsp;This comes as companies are projected&nbsp;to shift operations to the&nbsp;U.S. and decrease their&nbsp;dependence on global supply chains,&nbsp;as per&nbsp;Moody&#8217;s Ratings.
Marc Pinto, the&nbsp;global head of private credit&nbsp;at&nbsp;Moody&#8217;s Ratings, is of the view that the current tariff policies are putting pressure on governments and revealing their limitations. He suggests that this is a scenario where the private credit market can step in and make a significant impact.
Pinto has observed a rise in deals in the infrastructure sector. He predicts that around $2.5 trillion will be invested in data centers over the next five years, with private credit expected to be a major contributor to the financing, <a href="https://www.bloomberg.com/news/articles/2025-07-11/trump-s-trade-war-is-good-for-private-credit-moody-s-says">reports </a>Bloomberg. 
However, Pinto also emphasized that large purchasers of private credit, such as banks and insurance companies, require more comprehensive information on deals. He noted that the intricacy of direct-lending transactions could lead to credit risk.
Also Read: <a href="https://www.benzinga.com/news/politics/25/07/46274724/donald-trumps-big-beautiful-bill-could-make-these-electric-vehicles-much-more-expensive-for-you">Donald Trump&#8217;s &#8216;Big Beautiful Bill&#8217; Could Make These Electric Vehicles Much More Expensive For You</a>
Contrary to common perception, Pinto clarified that the private credit market does not solely cater to high-yield companies. It also serves investment-grade firms. 
&#8220;Insurance companies primarily want investment-grade risk,&#8221; he said, signaling a shift in the private credit market.
Why It Matters: The shift in the private credit market, as indicated by Pinto, could lead to a significant change in the investment landscape. With the current tariff policies in place, the private credit market could play a pivotal role in supporting companies&#8217; transition to domestic operations and reducing their reliance on global supply chains. 
This could potentially lead to a surge in private credit investments, particularly in the infrastructure sector. 
However, the increased complexity of direct-lending transactions also highlights the need for more transparency and detailed information on deals to mitigate credit risk.
Read Next
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Image: Shutterstock

Private Credit Market Sees Opportunity Amid Donald Trump's Tariff Policies, Moody's Reports

GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) is auctioning off a notorious stapler that caused damage to Nintendo Switch 2 screens. 
What Happened: The company&#8217;s CEO, Ryan Cohen, has added a personal touch to the auction, promising to include his underwear and even personally deliver the items if the bidding exceeds $1 million.
As reported <a href="https://fortune.com/2025/07/11/gamestop-nintendo-switch-2-stapler-auction-ryan-cohen/">by&nbsp;</a>Fortune, the&nbsp;infamous stapler that punctured the&nbsp;screens of new Nintendo Switch&nbsp;2 consoles is being auctioned off by&nbsp;GameStop Corp.&nbsp;
The auction took when Cohen pledged to include his own underwear if the bidding reached six figures.
On Friday, Cohen upped the ante, stating that if the bidding crosses the $1 million mark, he will personally deliver the items and treat the winner to a lunch at McDonald&#8217;s. 
The auction, which began at a starting bid of over $120,000, had reached $218,401 by Friday 11:45 a.m. ET.
Also Read: <a href="https://www.benzinga.com/markets/tech/25/06/45941089/gamestop-to-pay-4-5-million-over-alleged-privacy-violations-involving-facebook-data-sharing">GameStop to Pay $4.5 Million Over Alleged Privacy Violations Involving Facebook Data Sharing</a>
The auction, which also includes the repaired Switch 2 console, is being held to raise funds for the Children&#8217;s Miracle Network Hospitals. 
With five days still left for the auction to close, there is plenty of opportunity for interested bidders to join in.
Why It Matters: This unusual auction not only adds a humorous twist to the company&#8217;s recent mishap with the Nintendo Switch 2 consoles, but also serves a noble cause. 
The funds raised from the auction will be donated to the Children&#8217;s Miracle Network Hospitals, a non-profit organization that raises funds for children&#8217;s hospitals, medical research, and community awareness of children&#8217;s health issues. 
The inclusion of CEO Ryan Cohen&#8217;s personal items and his promise of a personal delivery adds a unique touch to the auction, potentially attracting more bidders and raising more funds for the charity.
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Image: Shutterstock

News

GameStop Auction Sees Over $200K Bid for Stapler That Broke Nintendo Switch 2 Consoles

Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>),&nbsp;under the leadership of CEO&nbsp;Mark Zuckerberg, is on a relentless pursuit for artificial intelligence (AI) specialists, with remuneration packages that outstrip those of professional sports stars and Fortune 500 CEOs.
What Happened: As per a&nbsp;report, Meta&#8217;s recruitment drive is focused on assembling an elite AI team for its Superintelligence Labs. The social media giant is allegedly offering premier AI researchers compensation packages that can reach&nbsp;up to $300 million over&nbsp;a four-year period, with first-year earnings surpassing $100 million.
This assertive hiring approach is a countermeasure to competition from rivals like OpenAI, Google, and DeepSeek. A notable recruitment is ex-Apple executive Ruoming Pang, who&nbsp;was enticed to join Meta with a compensation&nbsp;package reportedly exceeding $200 million, reports <a href="https://fortune.com/2025/07/11/how-much-ai-salary-meta-zuckerberg-200-million-compensation/">the </a>Fortune. 
OpenAI CEO Sam Altman confirmed Meta&#8217;s aggressive offers on the &#8220;Uncapped&#8221; <a href="https://techcrunch.com/2025/06/17/sam-altman-says-meta-tried-and-failed-to-poach-openais-talent-with-100m-offers/">podcast</a>, revealing that Meta has been making &#8220;giant offers&#8221; to many on their team, including $100 million signing bonuses.
Also Read: <a href="https://www.benzinga.com/markets/tech/25/06/46157544/meta-exec-dismisses-openais-sam-altmans-claims-of-100-million-signing-bonuses-sam-is-just-being-dishonest-here">Meta Exec Dismisses OpenAI&#8217;s Sam Altman&#8217;s Claims of $100 Million Signing Bonuses: &#8216;Sam Is Just Being Dishonest Here&#8217;</a>
These generous offers have revolutionized tech compensation and amplified the global competition for AI dominance. They have also led OpenAI&#8217;s leadership to reconsider&nbsp;their own compensation strategies and&nbsp;express concern over the impact&nbsp;on company culture.
Zuckerberg&#8217;s&nbsp;personal involvement in the recruitment&nbsp;process has been widely reported.&nbsp;He has been directly reaching&nbsp;out to top AI talent,&nbsp;hosting potential hires, and making&nbsp;offers that have caught competitors off guard.
Why It Matters: Meta&#8217;s aggressive recruitment strategy underscores the increasing importance of AI in shaping the future of tech companies. The escalating competition for AI talent among tech giants like Meta, OpenAI, and Google signifies the high stakes involved in gaining AI supremacy. 
This trend is not only reshaping tech compensation but also&nbsp;intensifying the global race for&nbsp;AI dominance. 
As companies reassess their compensation strategies to attract and retain top AI talent, the impact on company culture and the broader tech industry will be significant.
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<a href="https://www.benzinga.com/tech/25/05/45338125/openais-sam-altman-reaches-out-o-elon-musk-amid-ongoing-social-media-spat-lets-be-friends" target="_blank" rel="noreferrer noopener">OpenAI's Sam Altman Reaches Out to Elon Musk Amid Ongoing Social Media Spat: ‘Let's Be Friends'</a>
Image: Shutterstock/El editorial

Tech

Mark Zuckerberg Poaches Sam Altman's Talent With Multimillion-Dollar Offers To Build Meta's AI Team

A woman who called into &#8220;<a href="https://www.youtube.com/watch?v=L81C702G2K4">The Ramsey Show</a>&#8221; recently shared a shocking story about her in-laws, saying her 80-something-year-old mother-in-law had drained nearly $750,000 from a retirement account and given it to an internet scammer.
<h2 class="wp-block-heading">The Money Vanished Almost Instantly</h2>
&#8220;My father-in-law went to the hospital about a year ago,&#8221; the caller said. &#8220;He decided to go ahead and give my mother-in-law access to her <a href="https://www.benzinga.com/money/best-ira-accounts">retirement account</a>, thinking that he didn&#8217;t have much longer. She drained that within about a week, giving it to some <a href="https://www.benzinga.com/markets/tech/25/06/45810362/scammers-exploit-tariff-confusion-to-dupe-online-shoppers-into-paying-for-packages-that-never-arrive-bbb-warns-heres-how-to-spot-the-red-flags">online scammer</a>.&#8221;
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The caller said her in-laws had been married for 60 years and built up a nest egg of roughly $3.5 to $4 million. Her father-in-law had always managed the finances and kept them debt-free. But once his health started to decline, things unraveled.
The woman said the family later discovered that her mother-in-law had been giving money away for years. They believe she is involved in delusional, one-sided online relationships, calling it a possible mental illness. &#8220;She&#8217;s involved in a one-way romantic relationship with this person she&#8217;s never met,&#8221; the caller said. &#8220;She&#8217;s got multiple Facebook profiles, same picture, different name, doing the same thing all over the country.&#8221;
Despite being visited by the FBI and local police, the mother-in-law still believes her relationship is real.
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<h2 class="wp-block-heading">Family Ties Don't Always Mean Emotional Closeness</h2>
The caller expressed deep concern that her mother-in-law will blow through the rest of their joint assets after her father-in-law passes, potentially leaving the family on the hook for her care. &#8220;My husband and I—I&#8217;m in my late 40s, he&#8217;s in his mid-50s—we&#8217;re <a href="https://www.benzinga.com/personal-finance/management/25/07/46200580/kevin-oleary-says-if-you-got-a-bonus-dont-blow-it-pay-off-your-debt-kill-your-credit-cards-and-chase-freedom-by-living-debt-free">going to be debt-free</a> in the next two years,&#8221; she said. &#8220;I don&#8217;t want to go into debt to take care of somebody else who&#8230; I don&#8217;t even like her like that.&#8221;
John Delony and Jade Warshaw, who hosted the show that day, advised the caller that she and her husband had no legal or moral obligation to rescue someone who continued to make reckless choices.
&#8220;There are times where you feel the need to swoop in&#8230; but those are choices,&#8221; Warshaw said. &#8220;It&#8217;s not your responsibility.&#8221;
See Also: <a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a>
Delony recommended pursuing conservatorship through the courts, though he warned it would be difficult and possibly met with resistance. &#8220;You&#8217;re just throwing a Hail Mary pass, hoping somebody catches it,&#8221; he said. She&#8217;d have to prove she&#8217;s a harm to herself.
The caller said her husband had talked to his father about giving financial power of attorney to one of the sons, but they have no proof that anything was filed. She suspects embarrassment is stopping him. &#8220;I think there&#8217;s a part of him that&#8217;s very embarrassed about this,&#8221; she said. &#8220;We&#8217;re just finding out about this, and it&#8217;s been going on to a certain degree for 60 years.&#8221;
Delony emphasized the urgency. &#8220;Your husband and his brothers are faced with: Do we watch our mom burn her life to the ground, or do we go down swinging?&#8221;
Read Next: Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O&#8217;Reilly and Rudy Giuliani are using this platform to <a href="https://www.benzinga.com/money/american-hartford-gold">create customized gold IRAs to help shield their savings from inflation and economic turbulence.&nbsp;</a>
Image: Shutterstock

Dave Ramsey Caller Says Her 80-Year-Old Mother-In-Law Is A Serial Cheater Who's Given Away Almost $1M To Internet Scammers

In the face of an ongoing power struggle within the Trump administration, the position of Attorney General Pam Bondi remains unthreatened, says Ty Cobb, a former White House lawyer.
What Happened: FBI Director Kash Patel&nbsp;and Deputy FBI Director Dan&nbsp;Bongino were contemplating resignation if Bondi continues her tenure as attorney general. This development comes in the wake of a controversy related to the Jeffrey Epstein case.
Bondi, Patel, and Bongino had&nbsp;all pledged to disclose vital documents associated with Epstein, a deceased financier and a convicted sex offender. 
However, a memo from&nbsp;the Department of Justice and&nbsp;FBI revealed&nbsp;that Epstein did not have&nbsp;the much-anticipated &#8220;client list&#8221; that many, including Trump supporters, believed he possessed.
The memo&#8217;s findings triggered a strong backlash from Trump&#8217;s supporters. Cobb, who served during Trump&#8217;s first administration, mentioned on CNN that President Donald Trump would certainly favor Bondi over Patel or Bongino.
"I think Patel clearly has gotten the message because he sort of silently sat on the sidelines and rallied behind the team concept that the White House and the Justice Department are trying to sell," Cobb said. 
"And I think what you'll see is that Bongino has to come back from the weekend, and say, ‘Gee, sorry I had a bad day.&#8217;"
As per Cobb, if Bongino fails to express regret, &#8220;he&#8217;s gone.&#8221; He further underscored that Bondi&#8217;s position is secure, asserting, &#8220;Bondi&#8217;s not going.&#8221;
Also Read: <a href="https://www.benzinga.com/news/politics/25/07/46264647/elon-musk-renews-demand-for-jeffrey-epstein-files-release-weeks-after-alleging-trump-is-named-in-them">Elon Musk Renews Demand for Jeffrey Epstein Files Release, Weeks After Alleging Trump Is Named in Them</a>
"And for a specific reason, which is Bondi, like Hegseth, is very senior to the other people in their departments who are screwing up. And while they've both been a huge embarrassment and done some just astonishing things, and for the history of the country, if he terminates one of them, he picked them,&#8221; Cobb said. 
&#8220;And he put him in those senior positions, and it'll be a huge embarrassment to him. So, the further down the pecking order you go, if you're Trump, in his thinking, if somebody leaves that's further down, if it's not the top dog, it's not as big a reflection on him," he further added. 
Why It Matters: The power struggle within the Trump administration and the controversy surrounding the Epstein case have put the spotlight on key figures like Bondi, Patel, and Bongino. 
The assurance from Cobb, a former insider, about Bondi&#8217;s secure position, provides a glimpse into the dynamics of the administration. The potential resignations of Patel and Bongino could lead to significant shifts in the administration&#8217;s power structure. 
The fallout from the Epstein case continues to have repercussions, influencing public opinion and the administration&#8217;s internal politics.
Read Next
<a href="https://www.benzinga.com/news/25/01/43077007/jeffrey-epstein-allegedly-offered-plea-deal-in-exchange-for-trump-info-if-i-can-give-them-something-on-trump-to-get-him-impeached" target="_blank" rel="noreferrer noopener">Jeffrey Epstein Allegedly Offered Plea Deal In Exchange For Trump Info: ‘If I Can Give Them Something On Trump To Get Him Impeached'</a>
Image: Shutterstock/Joshua Sukoff

Jeffrey Epstein Case: Ex-Trump White House Lawyer Says Pam Bondi Isn't Going Anywhere Amid Power Struggle

Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) CEO Warren Buffett and his former vice Chairman Charlie Munger passed on investing in Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock<a href="https://www.benzinga.com/news/23/12/36137985/charlie-munger-admired-bezos-and-musk-but-passed-on-amazon-tesla-at-first-you-have-to-let-ideas-die"> over the years.</a> That hasn't stopped the two legendary investors from praising Tesla CEO Elon Musk.
In an April 2022 interview, Buffett offered his praise for Tesla and the company's accomplishments.
Former CBS journalist&nbsp;Charlie Rose&nbsp;<a href="https://charlierose.com/videos/31221" target="_blank" rel="noreferrer noopener">asked&nbsp;</a>Buffett about his thoughts on Tesla and the stock's impressive gain of more than 400% in five years at the time. "That shows what America produces," Buffett said.
Buffett added all the other automotive companies have products, but Musk is finding a way to beat&nbsp;the legacy automakers. "Taking on General Motors, Ford, Toyota Motors that have all this stuff. He's got an idea, and he's winning."
Why It's Important:&nbsp;Buffett said that there are a lot of companies that produce cars, but ultimately you have to be the one who makes cars that people want.
Buffett also acknowledged during the interview that we should be doing more to fight climate change, but didn&#8217;t elaborate on the impact of electric vehicles.
"If there's a 1% chance (we can fight climate change), we should be doing something."
Buffett's comments likely ring true today with Musk being one of the top CEOs when it comes to fighting climate change with electric vehicles.
Over the last few years, Buffett was passed in wealth by Musk. While the two billionaires may not always see eye to eye on a number of topics, this interview showed the appreciation Buffett had for the iconic Tesla CEO.
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This article was previously published by Benzinga and has been updated.
Photo: Shutterstock

Education

TSLA

Buffett Skipped Tesla But Didn't Hold Back On Praising Musk In 2022

In the escalating war for AI talent, Google (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) is pulling out all the stops, offering substantial salaries to lure top-tier professionals
What Happened: Recent data reveals that software engineers at the tech giant can earn as much as $340,000. According to reports, Google is revamping its pay structure to stay competitive. This move follows similar strategies by other tech behemoths like Meta and Microsoft, who are concentrating on weeding out low performers.
In a strategic shift in April, Google modified its employee ranking system during annual performance reviews, underscoring the value of high performance. 
As per the report <a href="https://www.businessinsider.com/google-salaries-revealed-software-engineers-paid-2025-7">by</a> Insider, while Google&#8217;s salary data is kept under wraps, publicly accessible work-visa data provides a glimpse into the company&#8217;s pay structure. The data indicates that Google&#8217;s software engineers can command salaries up to $340,000.
It&#8217;s crucial to clarify that these figures represent only the base salaries and do not&nbsp;account for the equity or&nbsp;bonuses that Google employees also&nbsp;receive. 
Also Read: <a href="https://www.benzinga.com/news/23/09/34392201/google-salary-leak-reveals-mind-blowing-earnings-top-engineers-make">Google Salary Leak Reveals Mind-blowing Earnings Top Engineers Make</a>
Despite the hefty paychecks, a number of employees still consider themselves underpaid, as per a 2023 internal spreadsheet obtained by Business Insider.
Google has yet to comment on the salary data, which is based on approximately&nbsp;6,800 applications from the first&nbsp;quarter of 2025.
Why It Matters: The tech industry is currently in a fierce battle for AI talent, with companies like Google, Meta, and Microsoft vying for the best professionals. Google&#8217;s decision to offer substantial salaries is a strategic move to attract and retain top talent in this highly competitive field. 
The company&#8217;s shift in its employee ranking system further emphasizes its focus on high performance and productivity. 
However, the feeling of being underpaid among some employees, despite the high salaries, underscores the challenges tech giants face in maintaining employee satisfaction and morale.
Read Next
<a href="https://www.benzinga.com/news/23/07/33333250/google-salary-data-leak-shows-staggering-salaries-of-engineers-managers-and-others-heres-how-much-th">Google Salary Data Leak Shows Staggering Salaries Of Engineers, Managers And Others — Here&#8217;s How Much They Earned in 2022</a>
Image: Shutterstock/Below the Sky

GOOGL

Google Software Engineers See Pay Surge Amid AI Boom, Here's How Much They Would Be Paid

A recent Reddit thread on <a href="https://www.reddit.com/r/povertyfinance/comments/1ltolc0/whats_something_normal_you_had_to_give_up_because/">r/povertyfinance</a> sparked a wide range of responses when one person asked a simple question: &#8220;What's something &#8216;normal&#8217; you had to give up because of money?&#8221;&nbsp;
The flood of responses painted a raw picture of <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/46169253/earning-45000-mo-and-under-financial-stress-this-ramsey-caller-has-2400-car-payments-3000-private-schools-and-a-massive-mortgage">financial stress</a> and the <a href="https://www.benzinga.com/news/24/05/38628868/warren-buffetts-frugal-lifestyle-hacks-saved-millions-here-are-5-tips-to-follow-suit-in-your-everyda">quiet sacrifices</a> many people are making just to keep a roof over their heads.
<h2 class="wp-block-heading">Small Luxuries Are Often The First To Go</h2>
Takeout food and delivery apps were some of the most frequently mentioned casualties. &#8220;I absolutely refuse any form of DoorDash,&#8221; one person wrote. Another said, &#8220;We did some math a while back. With the markup and delivery fees, food was costing us almost double through Uber Eats.&#8221;
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Others noted they haven't eaten out in months. One person shared, &#8220;Now when we do get fast food like every three months, our boys actually enjoy it.&#8221;
Several commenters gave up the habit of grabbing coffee on the way to work or picking up snacks while out. &#8220;Now I think twice before spending $5, even if it's something I really want,&#8221; the original poster wrote.
<h2 class="wp-block-heading">Everyday Social Life Has Taken A Hit</h2>
Many people said they can no longer afford social outings or traditions they once loved. &#8220;Had to stop going to the restaurant with my sister. I loved that tradition of the two of us going to chat but it was way too expensive,&#8221; one wrote. Another added, &#8220;Same, except for me it was with friends. We agreed to try out a new restaurant once a month&#8230; yeah not anymore.&#8221;
Some have even had to step back from friendships altogether. &#8220;I only hang out with friends if I'm running errands with them,&#8221; one person also said. &#8220;I can only offer my company in a way that doesn't involve getting even coffee.&#8221;
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
<h2 class="wp-block-heading">Basic Self-Care Also On The Chopping Block</h2>
Haircuts and grooming were another common theme. &#8220;Haircuts. They&#8217;re a luxury to me. I just cut it myself with kitchen scissors,&#8221; said one person. Others mentioned skipping dental checkups or doctor visits, knowing they couldn't afford treatment anyway.
&#8220;I&#8217;m no longer honest with the dentist when they ask if I have any concerns, because I can&#8217;t afford to get another cap or root canal,&#8221; a commenter admitted.
<h2 class="wp-block-heading">No Room For Spontaneity</h2>
Several said they missed things like casual day trips or random drives to explore nearby towns. &#8220;My wife and I just had to stop. We loved driving an hour away to explore parks and woods. Now we don&#8217;t have the money and are stuck,&#8221; one wrote.
The cost of gas alone has made what used to be simple pleasures now feel out of reach. &#8220;We can&#8217;t afford a random $60+ to do that when we feel like it,&#8221; said another.
&#8220;Vacations, a weekend trip somewhere. Now hotels and even motels want $180 to $200+ a night.&nbsp; With gas, food and room it costs $1000 for two people to take a 3-day trip anywhere,&#8221; added someone.
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
<h2 class="wp-block-heading">When Even Dreams Feel Out Of Reach</h2>
A few users got deeply personal. &#8220;Gave up on my dreams,&#8221; one said plainly. Another echoed the same thought: &#8220;Hope of upward mobility.&#8221;
In one especially poignant comment, a person shared how they stopped bringing gifts to birthday parties and hoped others would understand. Others echoed the feeling of guilt and shame when unable to participate in basic social customs.
The thread wasn&#8217;t filled with pity or outrage. Mostly, it was quiet resignation.
&#8220;I'll answer this on behalf of 99% of the world population: quality of life,&#8221; one person summed up the thread.&nbsp;
Read Next: Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O&#8217;Reilly and Rudy Giuliani are using this platform to <a href="https://www.benzinga.com/money/american-hartford-gold">create customized gold IRAs to help shield their savings from inflation and economic turbulence.&nbsp;</a>
Image: Shutterstock

No Takeout, No Vacations, No Margin For Error: Cutting Back On Everything Except The Bills

President Donald Trump&#8216;s former lawyer Alan Dershowitz has asserted that he is aware of the identities on the purported client list of the <a href="https://www.benzinga.com/news/social-media/25/05/45710915/elon-musk-once-asked-why-epstein-maxwell-client-list-hasnt-leaked-heres-how-he-responded-to-x-user-who-suggested-he-was-a-client">late financier Jeffrey Epstein.</a>
What Happened: Statements from Dershowitz&#8217;s March appearance&nbsp;on The Sean Spicer Show&nbsp;have come to light again. 
Last week in a post on X, Spicer shared Dershowitz&#8217;s&nbsp;comments, &#8220;I&nbsp;know the names of the&nbsp;individuals. I know why they're&nbsp;being suppressed. I know who's&nbsp;suppressing them. But I&#8217;m bound by confidentiality.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f6a8;<a href="https://twitter.com/AlanDersh?ref_src=twsrc%5Etfw">@AlanDersh</a> said he saw the entire Epstein list while proving his innocence: &quot;Documents are being suppressed to protect individuals. I know the names of the individuals. I know why they&#39;re being suppressed. I know who&#39;s suppressing them. But I&#39;m bound by confidentiality.&quot; <a href="https://t.co/2bx7SwozN3">pic.twitter.com/2bx7SwozN3</a>
&mdash; Sean Spicer (@seanspicer) <a href="https://twitter.com/seanspicer/status/1943322536189509719?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Epstein, who committed suicide in 2019, has been the center of conspiracy theories that suggest he provided underage girls for sex to a list of prominent individuals. 
Dershowitz, renowned for representing high-profile clients like Epstein and Donald Trump, was a member of Epstein&#8217;s defense team during the financier&#8217;s investigations for soliciting sex from minors.
Also Read: <a href="https://www.benzinga.com/news/politics/25/07/46264647/elon-musk-renews-demand-for-jeffrey-epstein-files-release-weeks-after-alleging-trump-is-named-in-them">Elon Musk Renews Demand for Jeffrey Epstein Files Release, Weeks After Alleging Trump Is Named in Them</a>
Earlier this year, the Trump administration hinted at revealing documents and names linked to Epstein&#8217;s inner circle, but later withdrew, sparking outrage among&nbsp;many in the MAGA movement.
Despite a recent government memo stating&nbsp;no new evidence has been&nbsp;found in relation to the Epstein case, Sigrid McCawley, representing several Epstein victims, demanded that those involved in Epstein&#8217;s crimes be brought to justice.
"Epstein could not have run this operation without the help of many people. He needed a lawyer who would, you know, cover things up for him. He needed an accountant who would funnel money in certain ways," McCawley said in a statement.
Why It Matters: The alleged client list of Epstein has been a subject of intense speculation and controversy. The list is believed to contain names of high-profile individuals who were part of Epstein&#8217;s inner circle. 
Dershowitz&#8217;s claim of knowledge about the list and the individuals on it adds a new layer to the ongoing investigations and discussions around Epstein&#8217;s activities.
The Trump administration&#8217;s earlier indication of releasing related documents and names, and its subsequent retraction, has added to the intrigue and public demand for transparency. 
The call by McCawley for those connected to Epstein&#8217;s crimes to be held accountable underscores the seriousness of the allegations and the need for a thorough investigation.
Read Next
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Image: Shutterstock/a katz

Ex-Trump Lawyer Dershowitz Claims Knowledge of Epstein Client List: 'I Know the Names, But I'm Bound by Confidentiality'

The United States has announced sweeping new tariffs on imports from both Mexico and the European Union, citing unresolved trade imbalances and ongoing <a target="_blank" href="https://www.benzinga.com/news/politics/25/07/46380544/amid-trump-tariffs-us-customs-duty-collection-exceeds-100-billion-in-a-fiscal-year-for-the-first-time-report" rel="noreferrer noopener">issues with narcotics trafficking.</a>
In two <a href="https://truthsocial.com/@realDonaldTrump/posts/114840265771030416">letters </a>dated July 11, 2025, President Donald Trump notified the leaders of both regions that 30% tariffs would be levied on their goods beginning August 1, 2025. These <a href="https://truthsocial.com/@realDonaldTrump/posts/114840270617633946">letters </a>were posted in the President&#8217;s social media handle Truth Social. 
The tariffs—outlined in direct correspondence with Mexican President Claudia Sheinbaum and European Commission President Ursula von der Leyen—reflect a broad policy shift that places economic pressure on allies to address long-standing U.S. concerns over trade deficits, narcotics trafficking, and market access.
Also Read:<a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46381861/us-stocks-to-buy-in-q3-2025-wall-street" rel="noreferrer noopener"> Bank Of America Loves These 8 Stocks For Third Quarter—And Says To Dump These 2 Fast</a>
Trump emphasized that the 30% tariff on Mexican imports was partly a response to the country's continued failure to dismantle powerful drug cartels.
The White House warned that if Mexico attempts to sidestep the tariffs through transshipment or imposes retaliatory tariffs, those actions will trigger additional penalties.
However, Trump offered tariff exemptions to firms that relocate production to the United States, promising a fast-tracked approval process.
The European Union's letter criticized the bloc for its &#8220;non-reciprocal&#8221; trade policies and tariffs that have contributed to one of the U.S.'s largest trade deficits.
Trump stated the new tariff regime is a corrective step and will apply broadly to EU goods, excluding those already under sector-specific tariffs.
He assured that companies shifting operations to the U.S. would be spared and supported through expedited regulatory procedures.
In both letters, Trump signaled a willingness to engage—if counterparts take concrete steps to address U.S. concerns.
Here are five strong picks of publicly traded U.S. companies that stand to be affected by the new 30% tariffs on Mexico and the EU:
Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) – The agricultural equipment giant expects approximately $500 million in tariff-related costs affecting parts imported from Mexico and the EU, Thw Wall Street Journal <a target="_blank" href="https://www.wsj.com/articles/deeres-plans-for-offsetting-500-million-in-tariff-costs-79ae52d8" rel="noreferrer noopener">reported</a> in May.
General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) – Roughly 30% of General Motors vehicles sold in the U.S. during the first three quarters of 2024 were built in Canada and Mexico, CNBC <a target="_blank" href="https://www.cnbc.com/2025/03/27/gm-stock-trump-auto-tariffs.html" rel="noreferrer noopener">reported </a>in March.
With around half of its vehicles produced outside the U.S. and facing an estimated $4–5 billion in tariff exposure, the firm has adjusted its 2025 earnings forecasts downward and is boosting U.S. production<a target="_blank" href="https://www.benzinga.com/news/guidance/25/05/45133096/this-is-how-much-it-will-cost-general-motors-from-trumps-tariff-policy" rel="noreferrer noopener"> to offset impact .</a>
Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) – Ford's earnings are under pressure from higher steel, aluminum, and auto tariffs, with analysts warning that tariffs could cost billions and significantly affect its earnings—specifically due to its heavy parts crossing borders .
5. Whirlpool Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHR#NYSE">WHR</a>) – With <a href="https://www.whirlpoolcorp.com/global-locations.html?utm_source=chatgpt.com" target="_blank" rel="noreferrer noopener">major </a>manufacturing hubs in Mexico for appliances and parts, a 30% tariff on imports would directly raise costs for Whirlpool's U.S. supply chain and potentially erode its retail margins.
These ETFs may bear the brunt of the new tariffs due to their significant exposure to cross-border manufacturing, European industrials, and Mexico-based production networks: iShares Inc iShares MSCI Mexico ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWW#NYSE">EWW</a>), SPDR DJ Euro STOXX 50 Etf (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEZ#NYSE">FEZ</a>), and more.
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Image: Shutterstock/Lightspring

Markets

Trump Targets Mexico, EU With 30% Tariffs

After just one month of listening to "The Ramsey Show" and putting herself on a budget, a caller named Mary faced a moment that would shake most people: a credit card debt collector threatening to sue her over a $6,000 balance.
But Mary had been doing her homework.
"I just listened to an episode of Dave Ramsey telling them that, you know, I'm going to file bankruptcy — leave me alone. And that's what I did," she told Jade Warshaw and Ken Coleman <a href="https://youtu.be/KYXx6z4rzdE?si=jNREYSyfRnDR87I5">during a recent show</a>. "I was like, ‘My financial advisor told me that I might file bankruptcy, so if I do, you'll get the call. Uh, remove me off your call list.' And I hung up."
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</ul>
That move, while terrifying to her in the moment, earned instant praise from the hosts.
"I love it," Jade said. "My financial advisor — she was like, ‘I'm <a href="https://www.benzinga.com/personal-finance/management/25/06/45911214/dave-ramsey-told-a-31-year-old-man-making-less-than-10k-a-year-you-have-a-pretty-extreme-income-problem-but-youre-not-bankrupt">going to file bankruptcy</a>,' and then like hung it up. Good for you!"
Still shaken, Mary asked if she had done the right thing. Jade assured her she had.
"What you essentially told them is, ‘I don't have the money that you're asking for and I'm broke.' And so if you think you're going to get that money from me, you're wrong," Jade explained. "You're basically saying, ‘Yeah, if you're going to sue me, sue me.'"
According to the Ramsey team, collection agencies rarely follow through with lawsuits — and in most cases, the debts have already been sold for pennies on the dollar. The smart strategy, they said, is to stop paying them small amounts and instead save up enough to make a settlement offer.
Mary had already sent a $445 payment via money order and tracked it, but she admitted she was still figuring things out. "I don't know if I did that right," she said.
"That's great that you did that," Jade responded. "I would stop doing that, because at this point I would stack up money so that you can make them an offer."
Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a>
She advised Mary to eventually say something like: "You've been blowing me up and blowing me up — this is the only money I have. And you're going to make a deal with me."
When Mary confessed how terrified she was after that first call, Jade and Ken reassured her that the fear was normal — but the power she felt afterward was real.
"Didn't it feel good a little bit?" Jade asked.
"Yes, it did. It actually did," Mary said. "Because after I said, ‘Remove my phone number,' I don't know — something broke in the spirit, I believe. And I'm like, if another debt collector calls me right now, I'm going to see this."
"That is my favorite line," Ken said. "‘Something broke in the spirit,' she said. That's really good."
While Mary was not officially sued, it's worth noting what the <a href="https://consumer.ftc.gov/articles/what-do-if-debt-collector-sues-you">Federal Trade Commission recommends</a> if that day ever comes. According to the FTC, responding to a debt collection lawsuit is critical — even if you don't believe the debt is valid. By answering the complaint or showing up in court, you protect your rights and force the debt collector to prove they have the legal authority to collect. Ignoring a lawsuit, on the other hand, can result in a default judgment, wage garnishment, or even seizure of funds.
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
Mary's confidence and momentum didn't go unnoticed. The hosts gifted her the premium version of the EveryDollar budgeting app, Ramsey's new book, "Build the Business You Love," and a copy of Coleman's "The Proximity Principle."
As it turns out, Mary just launched her <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/06/46129839/woman-with-two-kids-tells-dave-ramsey-her-husband-wants-to-quit-and-sell-their-home-to-start-a-restaurant-without-research-or-business-plan">own meal prep and nutrition business</a> — the same one she went into student loan debt to pursue. She now makes $2,400 per month and has a $261 monthly surplus.
While she still carries $10,000 in student loans and $9,000 in collections, she's not backing down. Jade summed it up best:
"You're capable of far more than you ever thought possible. You really, really are."
Ken couldn't resist tying it all together: "I got goosebumps, because we heard Mary roar."
Read Next: Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O&#8217;Reilly and Rudy Giuliani are using this platform to <a href="https://www.benzinga.com/money/american-hartford-gold">create customized gold IRAs to help shield their savings from inflation and economic turbulence.&nbsp;</a>
Image: Shutterstock

Caller With $9,000 in Collections Says She Followed Ramsey's Advice, Told Debt Collector 'I'm Broke. Sue Me'— Now She's Second Guessing It

The market's technical health is flashing green: 62% of <a href="https://www.benzinga.com/topic/s-p-500-index">S&amp;P 500 stocks</a> are trading above their 200-day moving averages, the highest since January. This is a classic sign of broad market strength and often signals a sustained rally is underway.
Barcharts noted in a post on X:
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">62% of S&amp;P 500 stocks are now trading above their 200-Day moving average, the most since January &#x1f6a8;&#x1f4c8; <a href="https://t.co/AbudEjRObD">pic.twitter.com/AbudEjRObD</a>
&mdash; Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1943464911075709278?ref_src=twsrc%5Etfw">July 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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But strong breadth doesn't mean every sector or stock is firing equally. Traders who zero in on where momentum lives &#8211; and where opportunity hides &#8211; can get ahead. Here are three ways to play this market:
<h2 class="wp-block-heading">1. Ride The Energy Resurgence</h2>
Energy stocks are quietly leading this rally. With oil prices bouncing off key support levels, major players like ExxonMobil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) (up over 5% in the past month alone) and Chevron Corn (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) (up over 7% in the past month) are breaking above their 200-day moving averages and showing strong momentum. 
Traders can look for breakout plays and momentum swings in these stocks to capture upside in this overlooked sector.
Read Also: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/07/46294263/another-july-another-sp-500-rally-but-somethings-seriously-off-this-time">Another July, Another S&amp;P 500 Rally &#8211; But Something&#8217;s Seriously Off This Time</a>
<h2 class="wp-block-heading">2. Target Defensive Sector Breakouts</h2>
Not all sectors have joined the party yet. Utilities, as tracked by the Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) and consumer staples, as tracked by the Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>), are still below their 200-day moving averages but look poised for a breakout if the rally broadens. 
These defensive stocks can offer lower volatility ways to participate in a market uptrend, especially if traders prefer less risk.
<h2 class="wp-block-heading">3. Use Volatility To Your Advantage</h2>
The VIX remains elevated near 15–16, meaning the market isn't calm. That's a boon for option traders who can collect premium selling covered calls or cash-secured puts on fundamentally strong stocks. Volatility also creates swing trade setups as stocks fluctuate, providing tactical entry points.
With most S&amp;P 500 stocks above a key long-term trendline, the market is in a bullish technical stance. Traders should focus on sectors with momentum, watch for late bloomers, and embrace volatility to maximize returns.
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46342321/nvidia-microsoft-apple-smash-10-trillion-is-this-peak-tech">Nvidia, Microsoft, Apple Smash $10 Trillion—Is This Peak Tech?</a></li>
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Long Ideas

Broad U.S. Equity ETFs

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According to a report, Binance, a prominent cryptocurrency exchange, is alleged to have secretly assisted President Donald Trump family&#8217;s cryptocurrency firm prior to its founder, Changpeng Zhao, <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42379899/trump-fuels-bitcoin-rally-but-where-will-it-go-next-year">seeking a presidential pardon</a>.
What Happened: Binance is said to have clandestinely written the core code for the Trump family&#8217;s stablecoin, USD1. This coin was introduced by World Liberty Financial, a cryptocurrency company set up by&nbsp;Eric Trump and Donald Trump Jr.
The code allegedly facilitated&nbsp;an Emirati investment firm to&nbsp;acquire&nbsp;a $2 billion stake in&nbsp;Binance using USD1. Binance also marketed USD1 to its user base of 275 million.
As per the report <a href="https://www.bloomberg.com/news/features/2025-07-11/trump-s-crypto-link-with-binance-raises-conflict-of-interest-questions?srnd=homepage-americas">by</a> Bloomberg, despite the launch of USD1, both Binance and World Liberty refuted reports of collaborating on a new stablecoin. It is still uncertain whether World Liberty compensated Binance or Zhou for the coin&#8217;s creation.
In 2023, Zhou and Binance admitted to violating U.S. anti-money laundering laws. Zhou&nbsp;paid a $50 million fine&nbsp;and stepped down from the&nbsp;company, which also paid $4.3&nbsp;billion in fines. He later sought a presidential pardon, contradicting his previous denial.
Also Read: <a href="https://www.benzinga.com/news/politics/25/07/46264859/ex-trump-family-attorney-raises-alarms-over-trumps-actions-as-president-i-have-never-been-as-concerned">Ex-Trump Family Attorney Raises Alarms Over Trump&#8217;s Actions as President: &#8216;I Have Never Been As Concerned&#8217;</a>
A spokesperson for Binance informed the outlet that Zhou&#8217;s pardon request was a personal decision and he no longer has any association with the company. World Liberty dismissed the allegations in the report as politically motivated.
Why It Matters: The allegations against Binance could have significant implications for the cryptocurrency industry. If proven true, it would reveal a major breach of trust and potential violation of regulatory norms by one of the world&#8217;s leading cryptocurrency exchanges. 
This could lead to increased scrutiny and potentially stricter regulations for the industry. The case also highlights the potential misuse of cryptocurrencies for illicit financial transactions, reinforcing calls for stronger oversight and transparency in the sector.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44779915/trump-family-deepens-crypto-ties-with-nearly-1-billion-on-the-line">Trump Family Deepens Crypto Ties With Nearly $1 Billion on the Line</a>
Image: Shutterstock/Mehaniq

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Trump's Crypto Firm Allegedly Received Covert Aid From Binance Before Founder's Pardon Plea

The late Berkshire Hathaway vice chairman once saw Social Security as a pillar of American dignity and argued against policy shifts that would hurt retirees.
What Happened: In a 2011 discussion at the University of Michigan's Ross School of Business, legendary investor Charlie Munger called Social Security "a credit to our civilization" and firmly opposed proposals to reduce benefits or raise the retirement age.
"I personally would not touch Social Security in terms of its present promises," Munger said. "It's worked with low administrative cost and low fraud, and it's given a lot of people their main dignity in old age."
When asked whether gradually increasing the retirement age would be acceptable, Munger pushed back. "I personally wouldn't do it," he stated.
See Also: <a href="https://www.benzinga.com/news/24/10/41177741/charlie-munger-once-spoke-about-mrs-b-the-matriarch-who-even-buffett-admitted-outshone-him-in-wisdom">Charlie Munger Once Spoke About Mrs. B — The Matriarch Who Even Buffett Admitted Outshone Him In Wisdom: She Built A Successful Business That Made Her Filthy Rich With A $500 Loan And Hard Work</a>
"To take on the political ill will from tinkering for some guy who's only got three years to live anyway and take away $30 a month—I just don't want to do it," Munger said then. &#8220;I don&#8217;t think it would be a good idea.&#8221;
He argued that cutting benefits would be politically and morally counterproductive. "It's a stupid allocation of goodwill and time," he added. "I would save my effort for what really matters."
Instead, Munger proposed funding Social Security with a value-added tax (VAT), a system used widely across Europe. "As long as we're as rich as we are, we should find a way to afford it," he said. "I think a VAT is a very desirable tax&#8230; it subsidizes exports, and we need that." 
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
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Why It's Important: More than a decade later, Munger's warnings remain strikingly relevant.
Last week, the Social Security Administration came under fire for allegedly sending an email falsely claiming that President Donald Trump's new tax law eliminates <a href="https://www.benzinga.com/news/politics/25/07/46263553/social-security-administration-sends-unbelievable-email-on-trumps-big-beautiful-bill-report">federal income taxes</a> on Social Security benefits for most seniors.
In reality, the law does not remove these taxes but offers temporary deductions instead. Critics, including former SSA officials and Democrats, have called the email misleading and unprecedentedly political.
The legislation, which <a href="https://www.benzinga.com/news/politics/25/07/46263434/trump-signs-sweeping-tax-and-spending-bill-that-cbo-says-will-add-3-3-trillion-to-us-deficit-cut-health-coverage-for-11-8-million-americans">Trump hails as historic</a>, is expected to increase the federal deficit and cut health coverage for millions, with economists warning that it mainly benefits the wealthy at the expense of lower-income Americans.
Previously, the non-partisan Committee for a Responsible Federal Budget has cautioned that Trump's "One Big Beautiful Bill" could accelerate the <a href="https://www.benzinga.com/personal-finance/25/02/43831371/eliminating-social-security-income-taxes-would-cost-1-5-trillion-and-deplete-the-trust-fund-by-2032-who-wins-and-who-loses">exhaustion of the retirement trust fund</a> to as early as 2032 by reducing taxes on benefits.
Estimates suggest that completely scrapping these taxes could cost an additional $1.5 trillion.
Meanwhile, Treasury Secretary Scott Bessent has proposed a broader solution that would link the program to a new sovereign wealth fund funded by "baby bonds" given to newborns.
However, any move to invest in equities would require both congressional approval and new borrowing to repay current bondholders — a costly approach given today's high interest rates, former trustee Charles Blahous <a href="https://www.youtube.com/watch?v=lSma9suyp24">told</a> the Wall Street Journal.
Photo Courtesy: Kent Sievers via Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>. Read Next:
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<li><a href="https://www.benzinga.com/general/entertainment/24/07/40056062/charlie-munger-once-said-that-in-his-entire-life-he-has-never-known-a-wise-person-who-didnt" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said That In His Entire Life, He Has Never Known A Wise Person Who ‘Didn't Read All The Time — None, Zero:' Here Are Some Books That The Berkshire Hathaway Vice Chair Recommended — And Not All Are About Finance Either</a></li>
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Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Charlie Munger Once Described Social Security As A Moral Duty And Warned Against Breaking Promises To Seniors: 'Don't Think It Would Be A Good Idea'

Bank of America dropped its top 10 stock ideas for the third quarter of 2025, and the list includes some familiar names like Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>)—but also a couple of bearish calls investors <a href="https://www.benzinga.com/topic/expert-ideas">might not see coming.</a>
While Wall Street debates rate cuts, BofA is sticking to one of the most hawkish forecasts out there: no Fed pivot until 2026. 
Next year, the central bank is expected to slash rates by 100 basis points, but until then inflation is likely to remain sticky in the second half of this year due to tariffs, limiting policy flexibility. 
This creates a trading environment where stock-specific catalysts matter more than macro tailwinds.
The updated list features eight Buy-rated stocks and two Underperform-rated names, all chosen for their potential to outperform—or underperform—due to major business or macro developments expected in the coming months.
The 8 Buys: From Aerospace to AI
1. Boeing Co. After a rough year of delays and scrutiny, BofA thinks Boeing is finally gaining altitude. "787 production is ramping, 737 deliveries are recovering, and positive changes to leadership including new CFO hire," said analyst Anthony Cassamassino. The firm sees upside as production hits 38 jets per month, and the new CFO—who came from Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) —adds stability. Bank of America set a price target of $260, which implies a 14% upside from Boeing's current price near $225.
2. Cisco Systems Inc. AI is fueling Cisco's momentum. "AI infrastructure orders YTD exceeded $1.3bn," already beating its full-year target, BofA wrote. With deep ties to Nvidia and a strong hold in enterprise switching, Cisco is positioned well as companies gear up for AI deployment. With shares trading around $68, BofA's $76 target suggests a 11% gain in the near term.
3. Datadog Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) rounds out the AI-heavy picks. BofA likes Datadog's improving usage growth and its 8.5% AI-native revenue contribution, calling it one of the best-positioned software stocks for the next wave of generative AI adoption. BofA sees shares climbing to $150, offering about a 9% upside from the current level of $137.
4. Fair Isaac Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>). Despite some Washington noise around credit scoring, Cassamassino says, "FICO remains a best-in-class software compounder." With a $1 billion buyback plan and strong ACV growth, the firm gave a bold price target of $3,700, more than double the current price. 
5. KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is BofA's top value play in regional banking. A 5% yield, clean credit profile, and capital expenditure tailwinds give it a path higher. At a current price of $18.32, BofA's $20 target represents a 13% move higher.
6. Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) is on the list thanks to solid brand momentum and better-than-expected U.S. wholesale growth. "Execution remains strong across both denim and lifestyle apparel," BofA wrote. 
7. Medtronic PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) could be a breakout play if its new heart treatment technology gets greenlit. Cassamassino says approval of Pulse Field Ablation and renal denervation "could drive meaningful upside." BofA sees the stock climbing to $100, a 15% gain from its current price of $87.
8. Warner Bros. Discovery Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>). BofA sees the company's upcoming corporate split, Superman reboot and $2 billion debt reduction as key catalysts. At just $11.73 now, the stock could rally 40% to $16, if BofA's view plays out.
<h3 class="wp-block-heading">The Bear Calls: Hims &amp; Hers and Conagra</h3>
Not every name on the list is a winner. BofA slapped Underperform ratings on two stocks it believes are overvalued or facing headwinds.
Hims &amp; Hers Health Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) has soared on buzz around compounded weight-loss drugs, but BofA says patent risks are being ignored. "Litigation risk is underappreciated," the analysts wrote, and growth in the company's base business is slowing. Target: $28, well below the stock's recent level near $50.
Conagra Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>) is the other short idea. Cassamassino sees a soft year ahead due to "rising protein costs and elasticity in frozen." Add in margin pressure and dividend risk, and BofA is skeptical the stock holds up. 
Read now: 
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<li><a href="https://www.benzinga.com/markets/eurozone/25/07/46374279/jamie-dimon-europe-losing-us-tech-dominance">Magnificent 7 Crush EU Giants—Jamie Dimon Tells Europe: &#8216;You&#8217;re Losing&#8217; </a></li>
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Analyst Color

CSCO

DDOG

FICO

Hims & Hers Health, Inc. Class A Common Stock

HIMS

LEVI

Bank Of America Loves These 8 Stocks For Third Quarter—And Says To Dump These 2 Fast

Financial independence and early retirement, better known as FIRE, has become a popular goal for millennials and Gen Zers hoping to <a href="https://www.benzinga.com/news/24/04/38397890/how-i-escaped-the-corporate-rat-race-and-saved-myself-from-burnout-using-these-10-easy-stress-buster">escape the rat race</a>. But while the movement looks appealing in theory, many parents say it doesn't always hold up in real life.
<h2 class="wp-block-heading">Kids Change The Equation</h2>
A recent Reddit <a href="https://www.reddit.com/r/AntiFIRE/comments/1lugwmn/fire_doesnt_make_sense_when_you_have_kids/">post</a> titled "FIRE Doesn't Make Sense When You Have Kids" caught the attention of many users who felt the same way. The original poster wrote, &#8220;Look, I respect people who want to retire in their 30s, but I have kids—and that changes everything.&#8221;
They continued, &#8220;It feels like a lot of FIRE advice is written by single, tech-employed 28-year-olds. I'm over here trying to afford summer camp and still have a moment to breathe.&#8221;
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<li>$100k+ in investable assets? <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes</a> – no cost, no obligation.</li>
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Other parents shared the sentiment. &#8220;We'd definitely be FIREd if we weren't parents,&#8221; one commenter wrote, adding that IVF alone cost them $75,000, not including lost income. &#8220;But what's the point of retiring early into a life you don't want?&#8221;
<h2 class="wp-block-heading">More Variables, More Expenses</h2>
Others pointed out that kids bring not just higher costs, but also more uncertainty. &#8220;Once you have a child, there's a whole new world of expenses that can potentially come up,&#8221; one person wrote. &#8220;What happens if my kid gets sick? Or wants to go to a <a href="https://www.benzinga.com/personal-finance/25/01/42932626/billionaire-mark-cuban-on-college-costs-pick-the-cheapest-school-you-can-find-its-about-learning-not-prestige">private university</a>? It just changes the mindset completely.&#8221;
Another parent joked, &#8220;Why do you think <a href="https://www.benzinga.com/news/25/04/44999168/reason-people-dont-have-kids-earlier-is-theyre-expensive-says-kevin-oleary-however-time-is-the-one-thing-money-cant-buy">daycare is more expensive</a> than cocaine? Because it&#8217;s the best drug on earth.&#8221;
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
<h2 class="wp-block-heading">Redefining FIRE</h2>
While some users insisted FIRE is still possible with kids, many agreed it looks different. &#8220;I hit my number and am now coasting,&#8221; one parent with three kids shared. &#8220;We homeschool the kids and travel 3-4 months out of the year.&#8221;
Others stressed that the real benefit of FIRE isn't <a href="https://www.benzinga.com/personal-finance/management/25/06/45818495/suze-orman-says-retiring-early-is-the-biggest-financial-mistake-youll-ever-make-you-might-need-10-millionjust-so-youll-be-fine">retiring in your 30s</a>, but gaining flexibility. "FIRE principles are useful in any case," a commenter said. &#8220;Even RE by 50 or 55 is a significant accomplishment.&#8221;
Some said they keep working not because they have to, but to give their children a stronger foundation. &#8220;If you have kids, continue working and building the maximum security net for them,&#8221; one person advised. &#8220;Provide your kids with this freedom in terms of finances as well as in terms of mindset.&#8221;
See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
<h2 class="wp-block-heading">What's Realistic?</h2>
Many commenters agreed that FIRE is much easier for high earners or dual-income households. "FIRE is for most high-income people. It&#8217;s hard to do on a low income," one person wrote. Another pointed out, "Possible on low income, but you have to start early, be consistent and religiously frugal."
Ultimately, the conversation boiled down to this: FIRE isn't off the table for parents, but it requires different math and different expectations. &#8220;You have to have a lot saved or live a very simple life to FIRE with kids,&#8221; one person said. &#8220;Not saying impossible, but hard mode.&#8221;
Read Next: Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O&#8217;Reilly and Rudy Giuliani are using this platform to <a href="https://www.benzinga.com/money/american-hartford-gold">create customized gold IRAs to help shield their savings from inflation and economic turbulence.&nbsp;</a>
Image: Shutterstock

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