The path to working on Wall Street is a long and rigorous obstacle course. Young people who aspire to become dealmakers, traders, or investors must now begin as soon as they arrive at college. From there, it’s an immediate dash to join campus finance clubs, hobnob with industry professionals, and fill a résumé with pre-internship
Newmax’s stock debut may be the talk of Wall Street, but the investment bank behind the deal is not normally associated with the sector’s splashiest IPOs. Rather than using a large advisory firm like Goldman Sachs or Morgan Stanley, Newsmax tapped a relatively obscure advisor: the Laguna Beach, California-based Digital Offering LLC, which has just
Good morning. Congratulations to Vice President JD Vance, who sold his home just outside Washington, DC, for $172,000 over the asking price after less than three weeks on the market. The buyer? A former Trump official. In today’s big story, investors are shocked to be battling against President Donald Trump as the stock market closed
Mike Gorius and Kevin Hart opt for private lenders despite higher interest rates. The main advantage of working with private lenders rather than traditional lenders is speed. Finding people with capital boils down to networking, leveraging social media, and cold-calling. As of March 2025, mortgage rates are hovering around 6.4%. Real-estate investors Mike Gorius and
Mortgage rates are trending downward from recent peaks. They could fall further if the economy continues to slow and the Fed cuts rates. However, that might not make it much easier to buy a house, some experts say. It’s getting cheaper to borrow money to buy a house. But would-be homebuyers shouldn’t celebrate prematurely. Lower
Trump said student loans are moving out of the Department of Education and into the Small Business Administration. He also said that HHS will be taking over “special needs” and nutrition programs. This comes one day after Trump signed an executive order to begin eliminating the Department of Education. Student loans are moving to the
Retail investors bought $7.3 billion in Tesla stock over the past two weeks, JPMorgan said. The buying behavior signals that retail investors are in “buy the dip” mode as Tesla stock plunges. While retail investors are buying, Tesla insiders have sold huge amounts of stock. Retail investors can’t get enough of Tesla, even as the
Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs