Rafael Nam
Stories
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Politics
Truth Social surged in its debut on the NASDAQ today
Trump's social media company surges in trading debut in a big boost to Trump's wealth
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Business
Trump's social media company surges in trading debut in a big boost to Trump's wealth
Trump Media and Technology Group surged in its trading debut, substantially boosting the former president's wealth — at least on paper.
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Business
Truth Social will start trading on Tuesday. Trump stands to earn a fortune
Trump Media and Technology Group will trade on the Nasdaq exchange under the stock symbol DJT. The listing comes as the former president is mired in a slew of legal cases.
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Business
Trump is on the verge of a windfall of billions of dollars. Here are 3 things to know
The company behind Trump's Truth Social is going public. It could earn the former president billions of dollars at a time when he faces mounting legal problems.
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Business
Digital World Acquisition Corp. shareholders to vote on merging with Truth Social
Donald Trump could make billions of dollars if his company Truth Social is able to pull off a plan to go public. Shareholders of Digital World Acquisition Corp. will vote Friday on whether to merge.
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Business
Former Treasury Secretary Steven Mnuchin says he's interested in buying TikTok
Mnuchin said he's in touch with other investors to try to buy the popular social media app as lawmakers are seeking to force its Chinese owners to sell the business.
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Business
Fitch just downgraded the U.S. credit rating — how much does it matter?
The U.S. is no longer rated at the top-notch AAA by Fitch. Here's what credit ratings are, and why they (mostly) matter.
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Business
Stocks drop as fears grow about the global banking system
A drop in shares of European lender Credit Suisse is sparking fears that banking turmoil is spreading around the world.
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Politics
U.S. hits its debt limit and now risks defaulting on its bills
The U.S. is undertaking "extraordinary" measures to avoid defaulting on its obligations after the country reached its debt limit on Thursday. Now, a big political fight looms.
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Business
The U.S. may force companies to disclose climate risks, marking a historic change
The SEC is expected on Monday to propose new requirements for companies to disclose their greenhouse gas emissions and risks to their businesses from climate change.