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NioCorp Developments

NioCorp Developments Ltd is engaged in exploration and development of mineral deposits in North America, specifically, the Elk Creek Niobium/Scandium/Titanium property.

NioCorp Developments Ltd

Nuveen Taxable Municipal Income Fund Common Shares of Beneficial Interest

Nuveen Taxable Municipal Income Fund

Neuralbase AI Ltd

NB Bancorp Inc

NATURAL BEAUTY BIO TECH by Natural Beauty Biotechnology Ltd.

Natural Beauty Bio-Technology Ltd

Neuberger Berman ETF Trust Neuberger Berman Next Generation Connected Consumer ETF

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National Bank of Canada

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NITTO BOSEKI CO LTD by Nitto Boseki Co., Ltd.

Nitto Boseki Co Ltd

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Neon Bloom Inc

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No Borders Inc

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NewAge Inc

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NIPPON BUILDING FUND INC by Nippon Building Fund, Inc.

Nippon Building Fund Inc

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NewBridge Global Ventures Inc

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Neuberger Berman Municipal Fund Inc. Common Stock

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Neurocrine Biosciences Inc

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As concerns about the <a href="https://www.benzinga.com/personal-finance/management/25/06/45720416/6-in-10-americans-fear-social-security-will-vanish-before-they-retire-as-2033-insolvency-clock-ticks-louder">future of Social Security</a> grow, a new bipartisan proposal aims to secure the program's finances without reducing a single benefit. But while the plan from Sens. Bill Cassidy (R-LA) and Tim Kaine (D-VA) promises a bold solution, some experts aren't convinced it will be fast — or risk-free — enough to solve the looming shortfall.
<h2 class="wp-block-heading">What's the Plan?</h2>
Cassidy and Kaine outlined their proposal last week in a Washington Post <a href="https://www.washingtonpost.com/opinions/2025/07/08/new-trust-fund-social-security/">op-ed</a>, describing a new $1.5 trillion investment fund separate from the current Social Security Trust Fund. The new fund would be structured as a sovereign wealth fund, similar to those used by other countries or the U.S. government's own Thrift Savings Plan.
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Instead of relying only on payroll taxes and low-return government bonds, this fund would be invested in a mix of stocks, bonds, and other assets.&nbsp;
The goal? Generate higher long-term returns to help close the projected funding gap without cutting benefits.
According to the senators, the fund would be given 75 years to grow. During that time, the U.S. Treasury would continue to pay Social Security benefits and would later be repaid by the fund once it matures.
<h2 class="wp-block-heading">Why the Urgency?</h2>
Social Security's trust funds are expected to run out of money by 2033 or 2034, according to <a href="https://www.ssa.gov/oact/trsum/">recent government reports</a>. Once that happens, the program will only be able to pay about 77% of promised benefits, unless Congress acts.
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The core issue is that the system is paying out more than it's taking in — largely due to an aging population and slower growth in the workforce. Currently, all Social Security funds are invested in special U.S. Treasury bonds, which are stable but have relatively low returns.
The senators argue their proposal could delay or even prevent a crisis, while maintaining current benefits for retirees and future beneficiaries alike. "Waiting until the Social Security Trust Fund is on the eve of crisis would have difficult and preventable consequences," Cassidy and Kaine wrote.
<h2 class="wp-block-heading">Skepticism from Experts</h2>
While the plan is ambitious and avoids the politically unpopular idea of cutting benefits, not everyone is convinced it's practical.
"This kind of plan might have made more sense decades ago," Teresa Ghilarducci, labor economist and professor of economics and policy analysis at the New School for Social Research, told <a href="https://www.investopedia.com/two-senators-have-a-new-proposal-to-fix-social-security-11768951">Investopedia</a>. She pointed out that similar strategies by pension systems have failed in the past when market conditions changed.
See Also: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
Others raised concerns about borrowing the initial $1.5 trillion investment. "Borrowing funds in the way the proposal suggests would likely raise interest rates and slow growth," Brookings Retirement Security Project Director Gopi Shah Goda told Investopedia.&nbsp;
Goda argued that the plan avoids harder conversations about modernizing the program.
<h2 class="wp-block-heading">Will It Move Forward?</h2>
The bipartisan nature of the plan gives it a potential advantage. "Kaine has a solid reputation as a bipartisan negotiator," Mary Beth Franklin, a certified financial planner, said to Investopedia. "Cassidy has an in-depth knowledge of Social Security program details."&nbsp;
Still, reaching a final agreement in Congress is no easy task. While there's broad agreement that <a href="https://www.benzinga.com/personal-finance/25/05/45608058/trump-says-hell-fix-social-security-but-these-4-changes-are-completely-out-of-his-hands">Social Security needs reform</a>, there's little consensus on how to do it.
"I think both sides understand that it&#8217;s in their best interest to find the pathway forward," said Stony Brook University economics and public policy professor Stephanie Kelton. "There is no financial reason there should ever be cuts to Social Security."
For now, Cassidy and Kaine's plan is one of the few bipartisan efforts on the table. Whether it gains traction — or runs out of time — remains to be seen.
Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
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Personal Finance

Senators' $1.5 Trillion Plan Promises To Save Social Security Without Cutting A Single Benefit — But Will It Really Work?

When most people contribute to their 401(k) plans, they think about saving up for retirement. However, a few people also use this retirement account as a credit line to cover various expenses. You can take out a loan against a 401(k), but just because you can do something doesn't mean that you should.&nbsp;
A car owner currently has an auto loan with a 12.6% interest rate. Borrowing against the 401(k) plan only results in a 9.5% interest rate for a 36-month term. A lower interest rate will help the borrower save money. It may seem like a good move on the surface, but once he <a href="https://www.reddit.com/r/personalfinance/comments/1lz0l0a/is_it_really_that_bad_to_borrow_against_your_401k/">shared his situation with Reddit</a>, a different picture emerged.
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</ul>
<h2 class="wp-block-heading">Borrowing Against A 401(k) Plan Can Enable Bad Habits</h2>
Borrowing against a 401(k) can set you back since you'll have to pay a new debt. While the 401(k) can be used to get rid of a higher-interest auto loan, it can enable bad financial habits. Viewing debt as the solution to getting out of debt will result in more fees and interest accumulation. Relying on debt to get out of debt can also keep you in an endless cycle of interest payments.
If the car owner doesn't borrow against their 401(k) plan and doesn't like the high interest rates, they can find other ways to pay off the debt faster. Temporarily picking up a side hustle, asking for a raise, and looking for more promising career opportunities can boost your earnings and get you out of debt faster.
It's more comfortable and easier to take out an additional loan to pay off an auto loan. People take a similar approach when they default to personal loans to pay off credit card debt and then use a home equity loan to cover the personal loan in the future. Taking actions that increase your income will do you better in the long run than borrowing against a 401(k) plan.
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<h2 class="wp-block-heading">A Credit Card Balance Transfer May Work</h2>
If the car owner can pay off the debt quickly, a credit card balance transfer is another great option. Not every auto lender will let you use your credit card, but if you can pull it off, you can end up with 0% APR for the next 12 to 24 months, depending on your credit card.
This isn't completely free since credit cards charge a 3% to 5% fee for the transfer. For instance, if you owe $10,000 on your auto loan and put it on a balance transfer credit card, you can expect a $300 to $500 fee. Make sure you check your credit card's fees to see how much you'll be charged for the transfer.
The only downside with a credit card balance transfer is that these financial products are notorious for their high interest rates. Balance transfers are optimal for people who can pay off the debt quickly. The original poster was grateful for the idea and thanked the commenter who suggested it.
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<h2 class="wp-block-heading">Consider Lowering Your 401(k) Contributions</h2>
One commenter suggested that the Redditor temporarily reduce their 401(k) contributions to accelerate paying off the auto loan instead of borrowing against the 401(k) plan.
"Borrowing from retirement is a lot of risk and potentially very expensive. Conventional wisdom would be to leave it alone and separate it from any present-day financial decisions," the commenter suggested.
Some people responded by saying that this strategy will reduce the Redditor's long-term gains if the stock market has a strong year. Others recommended following this advice, but contributing up to the employer's match as a minimum.
It's also worth noting that some 401(k) providers prohibit you from making any additional contributions to your retirement account while you are paying off a 401(k) loan. If that rule is in place for the Redditor's provider, then it makes even less sense to borrow money against the 401(k) plan.
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Image: Shutterstock

This Car Owner Considers Borrowing From Their 401(k) To Make Car Payments—Is It A Smart Move?

Kevin O&#8217;Leary, the famed investor and star of &#8220;Shark Tank,&#8221; urged students at Harvard to forgo the traditional consulting route and instead establish their own businesses.
What Happened: In his role as&nbsp;an Executive Fellow at the&nbsp;prestigious Ivy League school, O&#8217;Leary expressed his belief that dedicating two years to a consulting firm could result in a mediocre career. 
He suggested that consultants are often viewed as indecisive, which could hinder their professional growth.
O&#8217;Leary, who is also the founder of the $4.2 billion company, SoftKey Software Products, is committed to motivating his students to adopt an entrepreneurial mindset. He acknowledged that his teaching method involves revealing some hard truths about the consulting sector.
"Look, if you want to drift into hell on Earth, stay 24 months in a consulting firm and you are tainted meat for the rest of your life. No one's going to hire you to make a decision because you never have made one," O'Leary <a href="https://fortune.com/2025/07/18/millionaire-shark-tank-investor-kevin-oleary-harvard-consulting-mediocrity-entrepreneurship-gen-z-career-advice-unemployment/">told </a>Fortune. 
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"Why would anybody burn all those hours while someone else makes money, and you do nothing of consequence? I respect all the consulting firms that are out there, but I'm going to do my best to keep people from going into that," he added. 
Despite the appealing starting salaries ranging from $250,000 to $350,000, O&#8217;Leary cautioned that consultants frequently work long hours without creating anything of their own. He went on to say that consultants are unlikely to attain financial independence while working for someone else.
O&#8217;Leary&#8217;s advice comes at a time when many students are grappling with career decisions. His emphasis on entrepreneurship over consulting reflects a broader trend in the business world, where innovation and self-starting are increasingly valued. 
His course, The Founder Mindset, could potentially shape the next generation of entrepreneurs, steering them away from traditional career paths and towards creating their own ventures.
Read Next
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Image: Shutterstock/Vivvi Smak

Entrepreneurship

Success Stories

General

Kevin O'Leary Advocates Entrepreneurship Over Consulting to Students: 'Why Would Anybody Burn All Those Hours While Someone Else Makes Money?'

Warren Buffett imparted his unique viewpoint on success, underscoring the significance of love and respect over the accumulation of wealth.
What Happened:&nbsp;Buffett, while interacting with students at Georgia Tech, expressed that the ultimate yardstick of success is not wealth, but the love and respect one garners from others.
In his biography &#8220;The Snowball: Warren Buffett and the Business of Life,&#8221; Buffett&#8217;s insights suggest that the real measure of a successful life is the love one receives from those they hold dear. He pointed out that numerous affluent individuals receive public acclaim, but lack genuine love and respect from others.
Buffett&#8217;s viewpoint challenges the traditional definition of success, which frequently highlights personal accomplishment and wealth accumulation. 
He contends that a concentration on caring for others, rather than oneself, leads to greater success in areas that truly count, such as&nbsp;trust, respect, loyalty, and meaningful&nbsp;impact.
Also Read: <a href="https://www.benzinga.com/news/25/03/44065860/warren-buffetts-unconventional-career-advice-dont-save-your-passion-for-later-its-like-saving-up-sex-for-your-old-age">Warren Buffett&#8217;s Unconventional Career Advice: &#8216;Don&#8217;t Save Your Passion For Later, It&#8217;s Like Saving Up Sex For Your Old Age&#8217;</a>
Buffett&#8217;s message is especially relevant in the current climate of division and widespread burnout. He proposes that a leader&#8217;s legacy is not determined by their professional accomplishments, but by how they treat others.
Buffett&#8217;s philosophy of success, centered around love and respect, provides a fresh perspective in a world often ruled by self-interest and competition.
Why It Matters:&nbsp;Buffett&#8217;s unconventional perspective on success is a timely reminder of the importance of empathy and respect in a world often driven by materialistic pursuits. 
His philosophy underscores the significance of human connections and the value of earning love and respect from others. 
This approach, centered around love and respect, offers a refreshing perspective in a world often dominated by self-interest and competition. 
It serves as a reminder that success is not just about wealth accumulation, but also about the positive impact one can have on others.
Read Next
<a href="https://www.benzinga.com/markets/25/01/42803589/warren-buffetts-advice-for-overpriced-stocks-zip-up-your-wallet-take-a-vacation-and-come-back-in-a-few-years-to-buy-stocks-at-cheap-prices" target="_blank" rel="noreferrer noopener">Warren Buffett's Advice for Overpriced Stocks: ‘Zip up Your Wallet, Take a Vacation, and Come Back in a Few Years To Buy Stocks at Cheap Prices'</a>
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Forget 'Wealth': Warren Buffett Says This Word Is the True Measure of Success

Elon Musk has announced his return to a grueling work schedule, indicating a shift back to &#8220;wartime CEO&#8221; mode.
What Happened:&nbsp;Musk, in a post on X, revealed his intent to resume working seven&nbsp;days a week and sleeping&nbsp;in his office, especially when his children are not around. 
This revelation came as a response to a quote tweet from a user named SMX, who referred to Musk&#8217;s previous statements about his intense work ethic.
<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">Back to working 7 days a week and sleeping in the office if my little kids are away <a href="https://t.co/77cc6sRCFZ">https://t.co/77cc6sRCFZ</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1946839030177632475?ref_src=twsrc%5Etfw">July 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">Also Read: <a href="https://www.benzinga.com/news/22/08/28486691/heres-the-terrible-habit-elon-musk-wants-to-cut-from-his-morning-routine-3">Elon Musk Trying To Quit This &#8216;Terrible Habit&#8217; When It Comes To His Morning Routine</a></figcaption></figure>
The post has garnered significant attention, with over 8.6 million views. It echoes Musk&#8217;s past work habits, which have often been characterized by long hours and personal sacrifices.
Why It Matters:&nbsp;Musk&#8217;s return to his &#8216;wartime CEO&#8217; mode could signal a period of intense focus and drive at Tesla. In the past, such phases have coincided with significant developments and breakthroughs at the company. 
However, they have also raised concerns about Musk&#8217;s personal well-being and the sustainability of such a demanding work schedule.
Despite the lack of specific context around the tweet, it&#8217;s clear that Musk&#8217;s commitment to his work remains unwavering. 
As the leader of one of the most innovative companies in the world, his work habits continue to draw both admiration and concern.
Read Next
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Image: Shutterstock/Alessia Pierdomenico

Tech

Elon Musk Returns To Intense Work Schedule: 'Back To Working 7 Days a Week and Sleeping in the Office'

President Donald Trump&#8216;s administration reviewed contracts held by SpaceX with the federal government and found that the majority of these contracts are indispensable to the Defense Department and NASA.
What Happened As per a&nbsp;report&nbsp;by the Wall Street Journal, the review was initiated in early June following President Trump&#8217;s public contemplation of cutting ties with Elon Musk&#8216;s businesses. 
The objective was to identify potential wastage in the multibillion-dollar agreements SpaceX has with the government. However, the review emphasized SpaceX&#8217;s dominance as a premier&nbsp;rocket launcher and a major&nbsp;provider of satellite-internet.
As per the <a href="https://www.wsj.com/business/trump-aides-discussed-ending-some-spacex-contracts-but-found-most-were-vital-d1cf9ab5?mod=hp_lead_pos1">report</a>, an official from the White House clarified that the review was not exclusive to SpaceX but included a variety&nbsp;of companies with lucrative government&nbsp;contracts. 
The review process involved the creation of &#8220;scorecards&#8221; that detailed&nbsp;the value of the SpaceX&nbsp;contracts and evaluated whether a competitor could perform the same job more effectively.
Also Read: <a href="https://www.benzinga.com/news/politics/25/07/46266380/ex-trump-lawyer-sent-this-message-to-elon-musk-after-feud-with-donald-trump-erupted">Ex-Trump Lawyer Sent This Message To Elon Musk After Feud With Donald Trump Erupted</a>
Despite the initial intention to terminate SpaceX contracts, the&nbsp;White House and agency officials,&nbsp;including those at the Pentagon,&nbsp;concluded&nbsp;that most of the deals&nbsp;were vital to the missions&nbsp;of the Defense Department and&nbsp;NASA. 
However,&nbsp;some SpaceX contracts could face&nbsp;continued scrutiny, according to sources familiar with the matter.
Why It Matters: The review process underscored the government&#8217;s heavy reliance on SpaceX&#8217;s sophisticated technology, with&nbsp;limited alternatives for many rocket&nbsp;launches and low-Earth-orbit satellite services. 
This situation continues to give SpaceX, and Musk himself, an outsized role in space.
Read Next
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Image: Shutterstock/Findaview

Politics

Trump Administration's Attempt To Cut Elon Musk's SpaceX Contracts Thwarted by Vital Role in Defense and NASA

"Buy now, pay later"users may hurt their credit if they don't pay back those loans on time. Credit score overseer Fair Isaac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NASDAQ">FICO</a>) announced new scoring models last month that will evaluate BNPL usage when determining credit worthiness. The program, scheduled to roll out this fall may help some folks gain access to better loan terms but failing to pay on time is going to hurt.
The processing services let retailers provide installment loans at the point of sale so buyers can spread out payments. The loans may have no interest or service fees, potentially encouraging customers to overspend. Not surprisingly, a Bankrate <a href="https://www.bankrate.com/loans/personal-loans/buy-now-pay-later-survey/">survey</a> released in May showed that about &#8220;half of buy now, pay later users have experienced issues like overspending and missing payments.&#8221;
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FICO will include BNPL data on upgraded Score 10 and Score 10 T credit models. It wants the new data to provide lenders with "greater visibility into consumers' repayment behaviors, enabling a more comprehensive view of their credit readiness." FICO Vice President and General Manager of B2B Scores Julie May emphasized the impact on young buyers, noting it will "more accurately evaluate credit readiness, especially for consumers whose first credit experience is through BNPL products."
Using FICO's Score 10 to roll out the initiative has raised some eyebrows because it won't be included in Score 8, currently the most widely used credit scoring product. In fact, FICO modeling is now up to Score 16 but, like the iPhone, older versions remain broadly popular due to long credit cycles and the need for lenders to invest, train and incorporate newer processes.
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Credit agencies have gathered BNPL loan activity for several years now. But this is a largely <a href="https://www.keystonelaw.com/keynotes/how-is-the-government-planning-to-regulate-bnpl-lending#:~:text=BNPL%20currently%20fits%20a%20regulatory,Financial%20Conduct%20Authority%20(FCA).">unregulated</a> industry and not all payment processors report these transactions. So, a substantial chunk of U.S. lending activity may be missing from current data. FICO's new models will try to fill these gaps but there could be unintended consequences because, according to the survey, nearly one-third of Americans have used the service.
Bankrate Senior Industry Analyst Ted Rossman <a href="https://www.cnn.com/2025/06/23/economy/fico-scores-buy-now-pay-later-bnpl">told</a> CNN that young folks with limited credit histories are frequent users, and those most vulnerable to credit downgrades. Given survey results, new models may amplify negative credit scores of those overspending and missing payments. Of course, it's hoped this credit activity will boost scores if debts are paid on time and in full.
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FICO promises to aggregate multiple BNPL loans, but dangers abound if old school installment loan scoring seeps into the new models. Its common knowledge that borrowing up to your credit card limit is bad for your score because it signals financial stress. Now consider a young buyer who takes multiple BNPL loans at the same time. With traditional scoring, it looks like the customer is maxing out multiple short-term credit lines, raising all sorts of red flags.
Rossman believes that customers who pay their debts promptly should be fine under the new rules, but hedges his bets despite FICO assurances. "Things like frequent opening and closing of accounts would be disastrous for your credit score," he told CNN. "With Buy Now, Pay Later, you're doing that every few weeks or even every few days."
Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
Image: Shutterstock

FICO

FICO To Roll Out New Scores to Reflect Your "Buy Now, Pay Later" Habits, Impacting Millions of Americans' Credit

In a move that marks its entry into the foldable smartphone market,&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is set to launch a device that bears a striking resemblance to the Galaxy Z Fold line by Samsung Electronics Co. 
This is a significant shift for Apple, which is typically known for its innovative and groundbreaking technology.
Bloomberg&#8217;s&nbsp;Mark Gurman,&nbsp;in his&nbsp;<a href="https://www.bloomberg.com/news/newsletters/2025-07-20/apple-s-2026-foldable-iphone-samsung-comparison-m5-ipad-pro-dual-front-cameras?srnd=undefined">latest</a> &#8220;Power On" report revealed that, Apple&#8217;s first foldable iPhone, slated for release&nbsp;at the end of next&nbsp;year, will not be a technological breakthrough. 
Instead, it will utilize&nbsp;many of the same core&nbsp;components as its competitors,&nbsp;including foldable OLED screens sourced&nbsp;from Samsung Display.
Despite the lack of innovation, Apple&#8217;s unrivaled marketing prowess and a loyal customer base could potentially catapult it to the top of the foldable smartphone market within months of the device&#8217;s launch. 
The foldable iPhone is expected to retail at a minimum of $2,000, which could significantly boost iPhone revenue, even if unit sales are not astronomical.
Also Read: <a href="https://www.benzinga.com/news/topics/25/07/46383701/apple-undergoing-major-management-overhaul-but-ceo-tim-cook-to-stay-on">Apple Undergoing Major Management Overhaul, But CEO Tim Cook To Stay On</a>
Apple is also reportedly working on addressing some of the common issues associated with foldable devices, such as improving the visibility of the inner display crease and enhancing the hinge mechanism. 
The company&#8217;s entry into the foldable smartphone market could potentially transform this&nbsp;niche product into a global&nbsp;sensation.
The foldable smartphone market has been growing in popularity, particularly in China, where local&nbsp;brands like Xiaomi, Honor, Huawei,&nbsp;and Vivo have all launched&nbsp;their own versions. 
Apple&#8217;s entry into this market could potentially drive a turnaround in its fortunes in the region, given the local consumers&#8217;&nbsp;preference for the book-style form&nbsp;factor that Apple&#8217;s foldable iPhone will feature.
While Apple&#8217;s foldable iPhone may not revolutionize the category immediately, its brand power, marketing strength, and engineering refinements could potentially transform this niche product into a mainstream hit, further solidifying Apple&#8217;s position in the global smartphone market.
Read Next
<a href="https://www.benzinga.com/markets/25/06/45852024/apples-liquid-glass-interface-set-to-revolutionize-ios-26-hints-at-20th-anniversary-iphone" target="_blank" rel="noreferrer noopener">Apple's Liquid Glass Interface Set To Revolutionize iOS 26, Hints At 20th Anniversary iPhone</a>
Image: Shutterstock/seveniwe

AAPL

Apple's First Foldable iPhone: A Game-Changer or Just Catching Up?

Donald Trump family&#8217;s primary cryptocurrency venture,&nbsp;World Liberty Financial (WLF), has&nbsp;seen its Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) investment balloon to a staggering $251 million, leading to a paper profit of $26 million.
What Happened: WLF has been consistently amassing ETH. The firm&#8217;s most recent acquisition was 861 ETH on July 18, which cost $3 million in USDC. 
This purchase has increased WLF&#8217;s&nbsp;total ETH holdings to 70,143,&nbsp;currently valued at an estimated $251 million, and has generated&nbsp;over $23 million in unrealized&nbsp;profits.
On-chain analytics platform Lookonchain disclosed&nbsp;that between November 29, 2024,&nbsp;and March 5, 2025, WLF invested approximately $214.9 million to secure&nbsp;66,275 ETH at an average&nbsp;price of $3,243 each. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">From Nov 29, 2024 to Mar 5, 2025, Trump&#39;s World Liberty(<a href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw">@worldlibertyfi</a>) bought 66,275 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($214.9M) at an average price of $3,243. Today, as <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> broke above their average cost, they spent 5M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$USDC</a> to buy another 1,531 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> at $3,266.<a href="https://t.co/RfPIxC1uO9">https://t.co/RfPIxC1uO9</a> <a href="https://t.co/42oliKQzol">pic.twitter.com/42oliKQzol</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1945526361587859457?ref_src=twsrc%5Etfw">July 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The&nbsp;company continued its buying trend, procuring additional ETH on July 16 and 18, raising its total holdings to over 70,000 ETH.
Also Read: <a href="https://www.benzinga.com/news/politics/25/06/45939551/trump-made-57-4-million-from-family-crypto-firm-plus-big-bucks-from-branded-guitars-sneakers-and-watches">Trump Made $57.4 Million From Family Crypto Firm — Plus Big Bucks From Branded Guitars, Sneakers and Watches</a>
With the price of Ethereum surging by&nbsp;8.5% in the last 24&nbsp;hours and trading around $3,629,&nbsp;WLF&#8217;s&nbsp;investment in the asset currently&nbsp;indicates a paper profit of roughly&nbsp;$26 million, having acquired its&nbsp;entire stash for about $3,249&nbsp;per coin.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump&#39;s World Liberty(<a href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw">@worldlibertyfi</a>) spent 3M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$USDC</a> to buy 861 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> again 3 hours ago! World Liberty has bought a total of 70,143 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($251M) at an average price of $3,249, with an unrealized profit of $23M+.<a href="https://t.co/kaRan1WMwF">https://t.co/kaRan1WMwF</a><a href="https://t.co/8Rr7IVTaxC">https://t.co/8Rr7IVTaxC</a> <a href="https://t.co/nsfbpgoRI1">pic.twitter.com/nsfbpgoRI1</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1946019412588572770?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
ETH is also attracting attention from other companies.&nbsp;Nasdaq-listed SharpLink Gaming recently became&nbsp;the largest corporate holder of&nbsp;the token. 
Additionally, two newly created wallets have accumulated 206,415 ETH&nbsp;from the Kraken and FalconX&nbsp;exchanges within the last 10&nbsp;days.
<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">ETH just broke above $3600! Recently, 2 newly created wallets have accumulated 206,415 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($745M). 0x35fb has withdrawn 103,274 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($372.8M) from <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw">#Kraken</a> in the past 9 days. 0x9684 has withdrawn 103,141 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($372.3M) from <a href="https://twitter.com/hashtag/FalconX?src=hash&amp;ref_src=twsrc%5Etfw">#FalconX</a> in the past 7 days.<a href="https://t.co/5e6AQjMOwt">https://t.co/5e6AQjMOwt</a>… <a href="https://t.co/pfyh7H1MXP">pic.twitter.com/pfyh7H1MXP</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1946025847946895757?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The success of WLF&#8217;s Ethereum investment underscores the growing interest and confidence in cryptocurrencies among traditional investors and corporations. 
The company&#8217;s significant holdings and substantial paper profits highlight the potential of digital assets as a lucrative investment avenue. 
The recent surge in Ethereum&#8217;s price, coupled with the increasing corporate interest, suggests a positive outlook for the cryptocurrency market.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42499633/exclusive-eric-trump-declares-bitcoin-the-future-details-tax-free-crypto-goals-for-trump-presidency">EXCLUSIVE: Eric Trump Declares Bitcoin The Future, Details Tax-Free Crypto Goals For Trump Presidency</a>
Image: Shutterstock/Victor Sanchez G

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

Cryptocurrency

Markets

$ETH

Trump Family Crypto Business Nabs $26 Million Profit From Quarter-Billion Ethereum Stake

When Katie, from Los Angeles, called into "<a href="https://www.youtube.com/watch?v=03sMSYx3lFM">The Ramsey Show</a>," she was looking for guidance — and a way out. The 39-year-old stay-at-home mom said she had recently discovered her family was in serious financial trouble, buried under $4.5 million in debt.&nbsp;
As she explained her story to <a href="https://www.benzinga.com/personal-finance/management/25/07/46279015/dave-ramsey-encourages-parents-to-get-honest-about-what-they-can-afford-for-their-childrens-college-education-no-student-loans">Dave Ramsey</a> and Rachel Cruze, they responded with both concern and straight advice — with Ramsey urging her to demand a clear path forward from her husband.
"It&#8217;s okay for you to require of him, for your peace of mind as his wife, that he show you what the clear path is and exactly what the steps are to get out," Ramsey said.
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<h2 class="wp-block-heading">A Shocking Wake-Up Call</h2>
Katie said her husband, a business owner, had been managing the <a href="https://www.benzinga.com/personal-finance/management/25/06/45828307/want-to-be-in-the-top-5-of-households-heres-exactly-how-much-you-need-and-its-much-lower-than-youd-guess">household finances</a> on his own. That changed when she received a call warning her of a foreclosure notice. It turned out her husband had taken out a second mortgage on their home to buy a warehouse for his business — a move she hadn't known about.
Thinking she could resolve the issue quickly, Katie cashed out a 401(k) to bring the house out of foreclosure. But the deeper she dug, the worse the picture became. From unpaid payroll to IRS debt and six-figure credit card balances, the situation revealed a pattern of financial mismanagement.
<h2 class="wp-block-heading">Breaking Down the Debt</h2>
Ramsey and Cruze walked Katie through the numbers to get a better picture. The couple owed:
<ul class="wp-block-list">
<li>$880,000 on their home (including a second mortgage)</li>
<li>$3.3 million on a business warehouse</li>
<li>$120,000 in credit card debt</li>
<li>$115,000 in loans from her parents</li>
<li>$100,000 in delinquent property taxes</li>
<li>$140,000 on vehicles</li>
</ul>
Trending: $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.
The warehouse was on the market, and Katie estimated it could sell for around $4.2 million. Their home was worth about $1.1 million. But other debts were still looming, and the business itself was not generating enough to stay afloat.
<h2 class="wp-block-heading">Ramsey: Optimism Isn't a Plan</h2>
Katie said her husband was optimistic they could keep pushing forward. Ramsey acknowledged that entrepreneurs often need to be optimists — especially in tough regulatory states like California — but said optimism alone can't solve financial trouble.&nbsp;
"You need to hear him articulate a detailed tactical strategy overall, but the tactical implementation of what items are we doing to make this thing profitable?" Ramsey told Katie. "Because all you're describing to me are signs of death of the business."
He emphasized that it wasn't enough for her husband to believe things would eventually turn around. "If I grip my teeth and keep doing the same thing, it ain't going to get better," he said. "It's going to keep doing the same thing."
Cruze added that the couple needed a timeline — a point at which they would stop trying to rescue the business and consider shutting it down.
See Also: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
<h2 class="wp-block-heading">Hard Conversations and Harder Decisions</h2>
Ramsey pointed out that Katie's instincts seemed solid and encouraged her to trust them. He also reflected on his own past <a href="https://www.benzinga.com/markets/economic-data/25/06/46115112/ai-panic-feels-like-2008-global-financial-crisis-all-over-again-shapiro-says-as-retail-sales-plunge-4">financial crisis</a>, sharing that he once found himself $4 million in debt with a failing business — and ended up filing for bankruptcy.
His takeaway: communication and partnership in financial decisions are crucial, especially in marriage. "Your spouse needs to be involved in all major decisions that affect the household, and that includes the running of the business," he said.
If Katie and her husband are going to climb out of their financial crisis, Ramsey said, it will take transparency, strategy, and action — not just hope.
Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
Image: Shutterstock

'He Needs To Show You A Clear Path Out' — Dave Ramsey Reacts To Couple's $4.5M Debt, Including 3 Mortgages

Polls indicate that Tesla CEO Elon Musk&#8216;s &#8220;America Party&#8221; is not resonating with the American public.
What Happened: Polls conducted in early to mid-July have identified a common pattern. Although a significant portion of Americans are in favor of a third political party, enthusiasm wanes when the party is linked to Musk.
According to YouGov <a href="https://today.yougov.com/politics/articles/52559-what-republicans-think-of-musk-and-trump">poll</a>, while 45% of Americans are supportive of a third party, a mere 11% would consider joining one initiated by Musk. 
A CNN <a href="https://s3.documentcloud.org/documents/26000904/cnn-poll-conducted-by-ssrs.pdf">poll </a>also reflected these results, indicating that 63% of Americans are in favor of a third party, a number that falls to 25% when Musk is the party&#8217;s leader. 
The polls, which included over 1,000 respondents, suggest that the reluctance towards a Musk-led party may be primarily driven by independent and Democratic-leaning voters.
Also Read: <a href="https://www.benzinga.com/news/politics/25/07/46266380/ex-trump-lawyer-sent-this-message-to-elon-musk-after-feud-with-donald-trump-erupted">Ex-Trump Lawyer Sent This Message To Elon Musk After Feud With Donald Trump Erupted</a>
Musk, who is currently the wealthiest individual globally, initially proposed the idea of a third party in response to his objections to&nbsp;the &#8220;Big Beautiful Bill,&#8221; a&nbsp;crucial piece of legislation in President Donald Trump&#8216;s domestic agenda. 
However, despite two weeks passing since his announcement,&nbsp;Musk has yet to take&nbsp;any formal steps towards establishing the party.
Why It Matters: The lukewarm response to Musk&#8217;s proposed &#8216;America Party&#8217; underscores the challenges that third parties face in the United States, where the political landscape is dominated by the Democratic and Republican parties. 
The data from these polls suggest that while there is a desire for more political options, the public may be hesitant to support a party led by a figure primarily known for his business ventures, such as Tesla Inc.
This development could potentially influence Musk&#8217;s future political ambitions and the public&#8217;s perception of business leaders in politics.
Read Next
<a href="https://www.benzinga.com/news/politics/25/07/46266046/anthony-scaramucci-wants-to-discuss-new-party-with-musk-mark-cuban-offers-ballot-access-aid">Anthony Scaramucci Wants &#8216;To Discuss&#8217; New Party With Musk, Mark Cuban Offers Ballot Access Aid</a>
Image: Shutterstock/Joshua Sukoff

TSLA

Polls: Most Americans Want an Alternative To Two-Party System — But Not Elon Musk's

<a href="https://www.benzinga.com/personal-finance/25/03/44124166/affordable-childcare-act-could-give-parents-up-to-12k-but-can-it-pass-a-divided-congress">Child care</a> costs can drain a paycheck, but at Cakes Body, those bills are now handled by the company itself. The women-led brand, founded by twin sisters Casey Sarai and Taylor Capuano, announced it will cover up to $3,000 per month in day care for each employee with children too young for school,<a href="https://www.inc.com/kaylawebster/this-women-led-startup-just-paid-its-employees-child-care-bills/91212055"> Inc.</a> reports.
The benefit totals $36,000 annually per employee and applies to both men and women on the team. So far, six of the company's 30 employees are enrolled. This move comes as Cakes Body nears $150 million in annual revenue after going viral on TikTok and gaining national attention through &#8220;<a href="https://www.benzinga.com/general/entertainment/25/05/45472538/mark-cuban-bids-farewell-to-shark-tank-how-to-watch-finale-and-whats-next-for-hit-show">Shark Tank</a>,&#8221; Inc. says.
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Federal data from the<a href="https://blog.dol.gov/2024/11/19/new-data-childcare-costs-remain-an-almost-prohibitive-expense"> Department of Labor</a> shows child care in the U.S. ranges from $6,552 to $15,600 per year, depending on location. According to Inc., Cakes Body more than doubles that value to remove the financial pressure from its employees entirely.
<h2 class="wp-block-heading">The Founders Used Their Own Lives as a Blueprint for Change</h2>
At her last corporate job, almost all of Capuano's paycheck went to day care. Sarai has two children of her own and said the two built Cakes Body to support working women and solve problems that companies often ignore. The sisters run the company remotely, with Sarai in Los Angeles and Capuano in New York, Inc. says. Their team spans the U.S.
Cakes Body offers the benefit despite the fact that the current U.S. employer tax credit caps at $3,500 per year. Sarai told Inc. that the sisters plan to advocate for higher tax advantages to make similar support easier for other companies to offer.
Trending: $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.
Their goal is to normalize child care support in the workplace instead of treating it as an optional perk. "It became clear that if we wanted a workplace culture that truly supported us as whole humans, we'd have to build it ourselves," Capuano told Inc. "This support should be the norm."
"The Cakes Childcare Credit is designed to support all parents—mothers and fathers alike—reflecting our belief that caregiving responsibilities shouldn't automatically fall on women or lead anyone to step back from their careers," Sarai told Inc.
<h2 class="wp-block-heading">Viral Growth, Shark Tank Buzz, and a Culture Built on Recovery</h2>
Cakes Body became widely known after a TikTok campaign promoting its reusable silicone nipple covers took off. The exposure led to an appearance on "Shark Tank," where Emma Grede, co-founder of Good American and founding partner of <a href="https://www.benzinga.com/25/02/43789704/kim-kardashians-skims-joins-forces-with-nike-to-redefine-fitness-fashion-stock-gains">Skims</a>, offered $300,000 for 10% of the business Inc. reports.
See Also: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
According to<a href="https://cakesbody.com/pages/about-cakes"> Cakes Body</a>, the company operates with a mission to combine product innovation with purpose, which includes supporting breast cancer research. To date, the company has donated over $1 million to breast health causes and is currently partnered with Dr. Laura van't Veer through the Breast Cancer Research Foundation.
In addition to child care, Inc. says Cakes Body gives employees two paid days off every quarter and offers a "quiet period" from mid-December to mid-January where no emails or calls are expected.
Sarai told Inc. that these rhythms help employees recover and return focused, making the team stronger over time. The company sees these investments as essential to long-term performance and culture.
Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
Image: Shutterstock

News

She Once Gave Up Her Entire Salary For Child Care—Now Her $100M Startup Covers It For Every Employee

In a recent prediction by analytics platform Glassnode, Bitcoin&#8216;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) value could potentially surge by roughly 15%, reaching a staggering $136,000, if current demand continues. However, there is a possible hitch to this prediction.
What Happened: Glassnode&#8217;s&nbsp;short-term holder (STH) cost basis&nbsp;model indicates that Bitcoin&#8217;s next significant resistance level is just shy of $140,000. This model, which calculates&nbsp;the average price at which&nbsp;short-term Bitcoin holders bought their coins, can be utilized to identify&nbsp;potential entry and exit points.
Despite Glassnode&#8217;s optimistic <a href="https://insights.glassnode.com/the-week-onchain-week-28-2025/">outlook</a> for Bitcoin&#8217;s value, the firm also cautions of a possible near-term peak as short-term holders sit on substantial unrealized profits. 
&#8220;Short-term&nbsp;holders, being the more price-sensitive&nbsp;cohort, are now seeing their&nbsp;unrealized profit reaching marginally overheated&nbsp;levels, making the incentive for&nbsp;them to sell and take&nbsp;profit increasingly likely,&#8221; Glassnode noted.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46508809/dogecoin-set-to-soar-2600-and-hit-1-trillion-market-cap-says-this-crypto-analyst">Dogecoin Set To Soar 2,600% and Hit $1 Trillion Market Cap, Says This Crypto Analyst</a>
Currently, 95% of Bitcoin&#8217;s short-term holder supply is profitable, which is&nbsp;seven percentage points above the&nbsp;long-term mean of 88%. If this metric starts to stabilize or fall&nbsp;below the 88% level, it&nbsp;could indicate a&nbsp;weakening demand or distribution taking&nbsp;place.
At the time of writing, Bitcoin was trading at $118,257.
Why It Matters: This prediction by Glassnode is significant as it provides a potential outlook for Bitcoin&#8217;s value based on current demand and the behavior of short-term holders. The firm&#8217;s STH cost basis model offers a valuable tool for investors to identify potential investment opportunities. 
However, the warning of a possible near-term peak due to unrealized profits of short-term holders also serves as a cautionary note for investors. 
The current profitability of Bitcoin&#8217;s short-term holder supply, if it begins to stabilize or drop, could signal a shift in demand, impacting Bitcoin&#8217;s value.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45335892/decade-old-bitcoin-whale-emerges-transfers-207-51-million-btc-with-nearly-112000-profit">Decade-Old Bitcoin Whale Emerges, Transfers $207.51 Million BTC With Nearly 112,000% Profit</a>
Image: Shutterstock/ CKA

$BTC

Bitcoin Could Explode to $136,000 if This Happens, Says Analytics Firm

Whether you're on a flight or managing your finances, it's usually recommended that you put on your oxygen mask before helping someone else with theirs. You have to help yourself and put yourself in a good financial position before you can help others, but not everyone follows this advice.
A husband recently posted on Reddit that his wife wants to <a href="https://www.reddit.com/r/DaveRamsey/comments/1lyir2c/wife_wants_to_send_money_we_dont_have_to_her/">send $500 to her Thai family each month</a>. Those regular money transfers come as the couple continues to fall behind on bills.&nbsp;
"Honestly, we&#8217;ve been short every month for at least six months, and we&#8217;ve been making up the shortfall by cashing things out, like a credit card rewards savings account from our credit union and a small investment/stocks account my wife had. But we&#8217;ve cashed all that out now, and there is nothing left to cash out," the husband explained.
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The couple is $300 to $400 short on their bills each month, so stopping those $500 monthly payments can help the couple avoid falling deeper into debt. Redditors debated in the comments whether the wife should be sending $500 to her family each month.
<h2 class="wp-block-heading">Have The Wife Pay For It</h2>
One Redditor suggested that the wife pick up a part-time job or a side hustle that allows her to bring in an additional $500 per month. Those extra earnings will make it more feasible for the couple to make monthly payments to her parents.&nbsp;
She may not even have to earn an extra $500 per month. Earning enough to cover the current $300 to $400 gap can be a good starting point. Even if the couple stops paying $500 per month to the parents, they're still operating on a narrow margin.
While it can be productive to have this conversation, the husband should make sure he is also looking for ways to increase his earnings. That way, the couple can put themselves in a better financial position to cover the $500 monthly payments and get out of debt.
Trending: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
<h2 class="wp-block-heading">Cut Down Your Lifestyle</h2>
Multiple Redditors suggested that the couple cut down their lifestyles to reduce their monthly expenses. Downsizing, getting rid of monthly subscriptions, and creating a budget are some of the ways that the couple can lower their costs.
The husband added more context to his original post and mentioned that his wife wants to upgrade their lifestyle. This goal isn't feasible at the moment, given that the couple is falling behind on their bills. She also wants to eat healthy, high-quality food.&nbsp;
You can cut costs, but income growth seems more important in this case. The wife wants a high-paying remote job but only has working experience in restaurants and retail. You can still get a remote job with that experience, but it may not be a high-paying one. She will have to gain experience and build her career before she can land a remote job that pays well.
See Also: $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.
<h2 class="wp-block-heading">Establish The Root Cause And Reach An Agreement</h2>
This entire conversation may sound ridiculous to an American family. The parents are expected to support themselves in retirement and not ask their children for any money. That way, the adult child doesn't have the additional financial burden of giving money to their parents.
Asian communities are raised differently. It's expected that the child will take care of the parents financially after becoming an adult. The wife may feel like she is falling short of this obligation if she isn't sending $500 per month.
A non-American left a comment on Reddit and raised a bunch of questions that can help the couple find a middle ground with those $500 monthly money transfers.
"Do the parents need the money to survive? Can you go with a minimum amount until you get back on your feet? Does she have other siblings who can contribute as well? (It doesn&#8217;t matter if she is the only one outside of Thailand; every sibling who is working needs to contribute as well)," the Redditor asked.
Bringing the monthly contribution down to $200 or $300 can make it more feasible for the couple to support themselves and the wife's parents. The husband should communicate with the wife and her parents about the current financial situation and what can be done to make the monthly contributions more feasible.&nbsp;
Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
Image: Shutterstock

She Sends $500 To Her Family Every Month—But They're Behind On Bills. Is She Wrong?

It's a common belief: when oil prices rise, the stock market takes a hit. Higher fuel costs mean more expensive shipping and manufacturing, which could shrink company profits — right?
Not necessarily. On a <a href="https://omny.fm/shows/suze-ormans-women-and-money/ask-kt-suze-anything-how-do-i-tell-my-son-that-his-girlfriend-is-sponging-off-him">recent episode</a> of the "Women &amp; Money" podcast, financial expert Suze Orman challenged this idea, telling listeners that oil and stocks don't follow a predictable pattern. "Sometimes people think there&#8217;s this inverse relationship between the stock market and oil," she said. "But history doesn&#8217;t back that up on any level."
<h2 class="wp-block-heading">Strong Economy, Strong Oil — and Strong Stocks</h2>
In fact, oil prices and the stock market may rise together. <a href="https://www.benzinga.com/personal-finance/management/25/07/46265673/should-they-roll-over-a-1m-401k-to-their-financial-advisor-suze-orman-warns-against-losing-early-withdrawal-access">Orman</a> recalled 2006 and 2007, when oil prices surged and the S&amp;P 500 did, too. "The economy was roaring," she said, noting that high oil prices didn't slow the market.&nbsp;
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Why? Because rising demand for oil — used in shipping, travel, and manufacturing — can signal a booming economy. That economic strength can boost corporate earnings and lift stock prices.
<h2 class="wp-block-heading">Temporary Dips, Not Crashes</h2>
Orman pointed out that even when rising oil prices do cause market pullbacks, the effects are often short-lived. She recalled in 2011 that unrest in the Middle East drove <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46365707/bp-braces-for-profit-hit-as-oil-prices-decline">oil prices</a> higher and caused a brief market dip — but the downturn didn't last.
Her conclusion: there's no consistent correlation. "It all depends on what's going on," she said. "Just that simple."
<h2 class="wp-block-heading">What the Research Says</h2>
Some studies back up Orman's take. Research from the <a href="https://fraser.stlouisfed.org/title/economic-trends-federal-reserve-bank-cleveland-3952/economic-trends-september-2008-493059?page=15">Federal Reserve Bank of Cleveland</a> in 2008 found "little correlation" between oil prices and stock prices over time. While it's a common belief that rising oil prices will drag stocks down, the data doesn't support a reliable pattern. In some periods, stocks and oil prices have moved in opposite directions; in others, they've risen together or shown no relationship at all.
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A <a href="https://www.brookings.edu/articles/the-relationship-between-stocks-and-oil-prices/">Brookings analysis</a> by former Fed Chair Ben Bernanke in 2016 echoes this view. Looking at several years of data, Bernanke found that the relationship between oil prices and stock prices is highly variable — sometimes positive, sometimes negative — and often driven by external factors like global demand and investor risk sentiment. Even when accounting for those influences, the remaining correlation between oil and stocks was close to zero. However, it seems short-term correlations can emerge during periods of economic uncertainty. A <a href="https://www.reuters.com/business/energy/oil-moves-closer-stocks-2025-trump-tariffs-roil-markets-2025-04-10/">Reuters analysis</a> from April reported that oil and U.S. equities were moving nearly in sync, with a one-month correlation reaching 0.9 — unusually high.&nbsp;
Analysts attributed the alignment to market anxiety over global growth and the economic impact of new <a href="https://www.benzinga.com/news/politics/25/07/46410036/trumps-tariffs-are-a-500-billion-tax-on-us-businesses-that-wipe-out-his-2017-corporate-tax-break">U.S. trade tariffs</a>. In these environments, investors may react to broad economic signals that influence both oil and stock prices at once. While not the norm, these moments highlight how policy shifts and growth fears can temporarily tighten the link between oil and equities.
<h2 class="wp-block-heading">Different Impacts Across Industries</h2>
While oil doesn't dictate the overall market, it can have a bigger effect on certain sectors. Transportation, for example, is heavily influenced by oil prices. Fuel is a major cost for airlines, shipping firms, and delivery services. When oil gets more expensive, those companies often see tighter profit margins. Conversely, when fuel costs drop, transportation stocks can benefit.
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Oil prices can also affect consumer behavior. Higher fuel costs may lead households to spend less on other goods and services. But the flip side is also true: falling oil prices can leave consumers with more money to spend elsewhere, potentially boosting other parts of the economy.
<h2 class="wp-block-heading">A Complicated Relationship</h2>
Ultimately, oil prices are just one piece of a much larger puzzle. Corporate earnings, investor expectations, interest rates, and supply chain trends all influence <a href="https://www.benzinga.com/personal-finance/crowdsourcing/25/06/46157633/suze-orman-believes-the-stock-market-will-continue-climbing-without-a-shadow-of-a-doubt">stock market performance</a>. While energy costs matter — and can temporarily move in sync with stocks during periods of economic stress — they don't act in isolation. And they certainly don't guarantee a market crash.
As Orman summed it up: "That logic is just very simple, but it isn't true." Understanding the full picture means looking beyond oil.
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Image: Shutterstock

'The Economy Was Roaring' — Suze Orman Breaks Down Why High Oil Prices Don't Always Mean A Market Crash

Sen. Elizabeth Warren (D-Mass.) has voiced concern over the long-term impact of President Donald Trump&#8216;s tariffs.
What Happened: According to a report, Warren criticized the administration&#8217;s inconsistent policies and their impact on global partnerships.
In an interview with Fortune, Warren expressed her concerns, stating, &#8220;Donald Trump has done enormous damage to America's partnerships around the world.&#8221;
She further added that the repercussions of Trump&#8217;s six-month tenure would&nbsp;be felt for two generations,&nbsp;as nations may no longer view the U.S. as a reliable trading partner.
"The impact of six months of Donald Trump will be felt for two generations, as more nations blink hard at what's happening in the U.S. and conclude that we are simply not a reliable trading partner.&nbsp;That hurts us now and it will hurt our children and our grandchildren," she added during <a href="https://fortune.com/2025/07/19/elizabeth-warren-trade-tariff-trump/">the </a>interview. 
Also Read: <a href="https://www.benzinga.com/news/politics/25/06/46042224/donald-trump-jr-joins-mark-cuban-in-slamming-elizabeth-warren-on-healthcare-pricing">Donald Trump Jr. Joins Mark Cuban In Slamming Elizabeth Warren on Healthcare Pricing</a>
While economists are split over the potential harm of Trump&#8217;s tariff agenda, some fear it could lead to increased inflation. However, others argue that the 10% hike on imports introduced months ago has had minimal impact on inflation data. 
The Federal Open Market Committee, led by Jerome Powell, has been criticized by Trump for not reducing the base rate due to tariff concerns.
White House Spokesman Kush Desai defended the tariff actions, stating they were for the benefit of voters and have resulted in trillions in investment commitments, creating thousands of jobs and new trade deals. He argued that Warren &#8220;talks&#8221; while Trump &#8220;delivers.&#8221;
Warren countered by highlighting the increased costs families are facing due to Trump&#8217;s inconsistent tariff policies. 
She also pointed out the decline in investment in sectors like manufacturing, citing&nbsp;data from the St Louis&nbsp;Fed that showed a 5.2% decrease in&nbsp;private fixed investment in the&nbsp;manufacturing sector in Q1 2025 compared to the previous quarter.
Why It Matters: Warren&#8217;s criticism of Trump&#8217;s trade tariffs underscores the ongoing debate about the long-term impact of these policies. 
The potential damage to global partnerships, as highlighted by Warren, could have far-reaching implications for the U.S. economy and its standing in the world. The disagreement among economists about the effects of the tariffs further underscores the uncertainty surrounding these policies.
As the debate continues, the future of U.S. trade policy and its impact on global partnerships remains uncertain. 
The outcome of this debate could have significant implications for the U.S. economy and its global standing.
Read Next
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Image: Shutterstock/Bryan J. Scrafford

Elizabeth Warren Sounds Alarm on Tariffs: 'The Impact of Six Months of Donald Trump Will Be Felt for Two Generations'

Recent <a href="https://www.benzinga.com/topic/economy">shifts in the economy</a> are leading many investors to reassess their financial routines. Whether it's changes in prices, policy, or market behavior, there's a growing sense that staying on autopilot may not be enough.
A new <a href="https://www.businesswire.com/news/home/20250715889147/en/Majority-of-Americans-feel-unprepared-for-shifting-financial-concerns-Equitable-survey-finds">survey</a> from Equitable asked 1,000 U.S. adults how they're feeling about their finances. Less than half (42%) reported feeling prepared to manage changing financial conditions. About two-thirds expressed concern that today's economic environment could interfere with achieving <a href="https://www.benzinga.com/money/long-term-investments-vs-short-term">long-term financial goals</a>.
<h2 class="wp-block-heading">What Investors Are Doing Differently</h2>
In response, 50% of respondents said they plan to cut back on discretionary spending. A similar number plan to increase savings or reassess their investment mix. Among those working with a financial advisor, 54% said they're planning to adjust their portfolios compared to 36% of those without one.
The presence of professional advice seems to affect confidence and behavior. Nearly 60% of those <a href="https://www.benzinga.com/money/questions-to-ask-a-financial-advisor">with a financial advisor</a> reported feeling prepared for current conditions, compared to only 30% of those without one. And when it comes to financial guidance, 80% of respondents with an advisor turn to them first. Those without advisors most often consult family and friends (57%), followed by financial media (32%) and social platforms (25%).
The survey also showed a preference for financial products that offer some level of protection. Among respondents invested in the stock market, nearly two-thirds said they would be willing to trade some upside potential for downside protection.
Even with a mix of concerns, from tariffs and inflation to broader market swings, the responses suggest that many are staying active in managing their finances. They're seeking clarity, taking action where possible, and<a href="https://www.benzinga.com/money/how-to-diversify-your-portfolio"> rebalancing plans to align</a> with a financial landscape that continues to evolve.
Photo: Shutterstock

Financial Advisors

Why More Investors Are Thinking About Risk

Nvidia CEO Jensen Huang says the United States can't afford a sequel to its 5G debacle as the world races toward artificial intelligence and 6G.
What Happened: "We lost the 5G wave. We lost it through technology, through policy, through bad strategic thinking," Huang told the Memos to the President podcast from the Special Competitive Studies Project earlier this week. "We simply cannot allow that to happen again."
Huang blamed a scattershot industrial plan that let rival nations corner radio‑gear supply chains while U.S. firms fixated on short‑term gains. "We lost the telecommunications industry," he added, warning that bureaucratic delays and fragmented spectrum rules pushed developers overseas.
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&#8220;The first job of leadership of a computing platform, which AI is also [a part of]&#8230; is to win all developers. The first job of any platform is to win all developers,&#8221; shares Huang.
Shifting the narrative to AI leadership, Huang laid out a blunt two‑point plan. "We need to have a policy that enables us to win all developers," he says. The Nvidia chief highlights that half the world's AI coders live in China and that America must entice them to build on U.S. hardware and cloud platforms rather than rivals' stacks.
See Also: <a href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/07/46453723/why-nvidias-china-comeback-could-propel-its-stock-to-new-heights">Why Nvidia&#8217;s China Comeback Could Propel Its Stock To New Heights</a>
The second part of his plan is to take the American tech stack and turn it into the global standard. &#8220;Just as the American dollar is the global standard by which every country builds on, we should want the American tech stack to be the tech stack that&#8230; the AI stack that everyone builds on," he told host Ylli Bajraktari.
Huang said a wider diffusion of U.S. tools and not export bans will keep Washington ahead. "The more your technology is everywhere, the more developers you'll have."
Why It Matters: Huang has <a href="https://www.benzinga.com/markets/tech/25/07/46407517/nvidia-resumes-h20-shipments-to-china-as-jensen-huang-meets-trump-beijing-officials-fully-compliant-rtx-pro-aims-to-bridge-ai-cold-war?">spent months</a> urging Washington to relax chip curbs while promoting an <a href="https://www.benzinga.com/25/03/44430106/nvidia-ceo-jensen-huang-ciscos-chuck-robbins-tout-ais-global-impact-trump-wants-to-prote">American stack</a> from silicon to software. Defiance ETFs CEO Sylvia Jablonski, speaking to Benzinga earlier this year, shared that a standardized stack could speed 6G rollouts and <a href="https://www.benzinga.com/etfs/sector-etfs/25/03/44420961/exclusive-why-defiance-etf-ceo-sees-big-gains-ahead-during-nvidias-6g-revolution">spark a new wave</a> of telecom ETF bets.
Lawmakers on both sides of the aisle have pressed Huang on Chinese sales, but he insists <a href="https://www.benzinga.com/markets/tech/25/07/46397545/nvidias-jensen-huang-china-doesnt-need-us-chips">global reach</a> is mission‑critical to beat Beijing in AI. For a nation still smarting from 5G, Huang's memo is to win the developers to set the rules.
Photo Courtesy: glen photo on Shutterstock.com
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Jensen Huang Says America 'Lost' The 5G Race Through Technology, Policy And Bad Strategic Thinking: 'Cannot Allow That To Happen' With AI And 6G

A Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) transfer of nearly $1 billion has caused a stir in the cryptocurrency market. 
What Happened: The transfer, which originated from&nbsp;Coinbase, was sent to an unidentified wallet, leading to speculation about potential institutional accumulation or a significant holder&#8217;s long-term cold storage.
According to the Whale <a href="https://whale-alert.io/transaction/bitcoin/287e831e628cef64ec8faefa844bc96f40e41670f0dda4c6b601b3748d5f2f9f">Alert</a>, 7,743 BTC, valued around $916.25 million, was moved from Coinbase to a new wallet. The transaction occurred when&nbsp;Bitcoin was trading at $118,329.11.&nbsp;This event is&nbsp;part of a larger trend&nbsp;of increased&nbsp;whale activity in the Bitcoin&nbsp;market.
As per <a href="https://app.intotheblock.com/coin/BTC/deep-dive?group=all&amp;chart=all">data</a> from IntoTheBlock confirms a significant increase in large transactions over the past two weeks, suggesting a resurgence of significant holders in the ecosystem.
Adding&nbsp;to the intrigue, a Bitcoin whale&nbsp;dormant for 14 years has&nbsp;reemerged, moving&nbsp;billions of dollars&#8217; worth of&nbsp;BTC in a matter of hours.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45335892/decade-old-bitcoin-whale-emerges-transfers-207-51-million-btc-with-nearly-112000-profit">Decade-Old Bitcoin Whale Emerges, Transfers $207.51 Million BTC With Nearly 112,000% Profit</a>
Lookonchain tracked these transactions, totaling $8.7 billion,&nbsp;distributed across unknown wallets in&nbsp;a series of high-value transfers.&nbsp;This surge in&nbsp;whale activity has coincided with&nbsp;concerns of a potential Bitcoin&nbsp;price correction, with prices dipping below $117,000 earlier in the week.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Satoshi-era Bitcoin OG has moved 40,192 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>, worth $4.77B, to a single wallet. So far, he has already sent 40,009 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>, valued at $4.69B, to <a href="https://twitter.com/hashtag/GalaxyDigital?src=hash&amp;ref_src=twsrc%5Etfw">#GalaxyDigital</a>. Address: bc1qs4nzm0je7wqfyfmqr4ht4upyzy57vc95nf4au0 Data <a href="https://twitter.com/nansen_ai?ref_src=twsrc%5Etfw">@nansen_ai</a> <a href="https://t.co/Q56Cs7sIK5">pic.twitter.com/Q56Cs7sIK5</a>
&mdash; Onchain Lens (@OnchainLens) <a href="https://twitter.com/OnchainLens/status/1945661588914278418?ref_src=twsrc%5Etfw">July 17, 2025</a></blockquote>
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Moreover,&nbsp;the same long-dormant whale recently&nbsp;transferred 9,000 BTC ($1.06 billion)&nbsp;to&nbsp;Galaxy Digital. This move, along with another large transfer, has led to increased market volatility and speculation of more sell pressure.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This Bitcoin OG with 80,009 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>($9.46B) transferred another 7,843 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>($927M) to <a href="https://twitter.com/hashtag/GalaxyDigital?src=hash&amp;ref_src=twsrc%5Etfw">#GalaxyDigital</a>, for a total of 16,843 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> ($2B). Galaxy Digital is depositing <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> to exchanges, and 2,000 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>($236M) has been directly deposited to <a href="https://twitter.com/hashtag/Bybit?src=hash&amp;ref_src=twsrc%5Etfw">#Bybit</a> and <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a>.<a href="https://t.co/Sm9UBYboIN">https://t.co/Sm9UBYboIN</a> <a href="https://t.co/rwxHtrV0DQ">pic.twitter.com/rwxHtrV0DQ</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1944959737742946600?ref_src=twsrc%5Etfw">July 15, 2025</a></blockquote>
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Why It Matters: The recent spike in whale activity, coupled with the significant Bitcoin transfer, has led to increased speculation and volatility in the cryptocurrency market. 
The resurgence of a long-dormant Bitcoin whale and the transfer of&nbsp;billions of dollars&#8217; worth of&nbsp;BTC in a short span has added to the uncertainty. 
The impact of these activities on the Bitcoin price and the overall market dynamics remains to be seen.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44348215/bitcoin-whale-takes-332-million-short-position-heres-where-it-gets-liquidated" target="_blank" rel="noreferrer noopener">Bitcoin Whale Takes $332 Million Short Position, Here's Where It Gets Liquidated</a>
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$1 Billion Bitcoin Transfer Triggers Massive Liquidations — This Is Where It Was Offloaded

Making fewer mistakes on your financial journey can help you build wealth faster. While some mistakes are worse than others, financial guru Humphrey Yang recently revealed a <a href="https://www.tiktok.com/@humphreytalks/video/7525864009241726238?lang=en">‘poor financial decision'</a> that can cost you millions.
This decision often stems from fear and not wanting to take risks. While it may be scary to take a risk in the moment, these same risks can set you up for long-term wealth. Yang identifies the mistake and shares what you can do to strengthen your finances.
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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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<h2 class="wp-block-heading">Don't Let Your Cash Sit On The Sidelines</h2>
Yang mentions that letting money sit in cash is one of the worst mistakes you can make. While there are benefits to establishing a small emergency fund, being afraid to invest money can result in significant losses.
Although you will retain the same paper money if you avoid stocks and real estate, your purchasing power will go down. Yang says that keeping $1 million in the bank for 30 years would have been a terrible idea. However, he also mentions that if someone invested the same $1 million into an S&amp;P 500 fund that averaged an 8% annualized return, they would end up with more than $10 million.
Yang also mentioned that if you averaged a 3.5% return during that stretch via bonds and CDs, you would have ended up with $2.8 million. The one caveat with this return is that interest income is treated as ordinary income, which results in higher taxes. On the other hand, you'll get better tax rates with long-term capital gains on an S&amp;P 500 fund, and you only pay taxes on that fund when you sell shares.
Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a>
<h2 class="wp-block-heading">Purchasing Power Goes Down Each Year</h2>
Money loses value each year due to inflation. Yang mentioned that inflation growth has averaged 2.52% per year since 1995. It's the main reason why everything feels like it's getting more expensive. When the government prints more money, the amount of goods does not change.
Therefore, you have more money chasing the same number of goods and services. Yang provides an example of buying an iPhone at an auction. If everyone suddenly had more money to bid with, the iPhone would end up selling at a higher price.
This trend doesn't look like it will stop. The government currently has a large debt that regularly accrues interest. Those interest payments require more money printing, which increases inflation. Any government spending also boosts inflation.
See Also: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — <a href="https://www.benzinga.com/money/finally-a-fully-automated-trading-platform-for-individual-investors?">You Can Become an Investor for Just $500.25</a>
<h2 class="wp-block-heading">How To Counter Inflation</h2>
The cost of products and services will continue to go up over time as federal debt and government spending increase. However, there are ways you can counter inflation. Yang mentions taking your money and putting it into an S&amp;P 500 fund.&nbsp;
This general concept is the key to keeping inflation in check when it comes to your finances. Investing in stocks, real estate, and commodities can help you ride the current instead of getting left behind.&nbsp;
These assets have fixed supplies. Printing more money will not increase the amount of gold in the world, but more dollars chasing the same amount of gold will lead to higher gold prices. That's why gold and other commodities are considered valuable inflation hedges.
Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $10.</a>
Image: Shutterstock

Humphrey Yang Reveals A 'Poor Financial Decision' That Can Cost You Millions

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