
Lee Barney
Finance Editor at Newsmax
Articles
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1 week ago |
newsmax.com | Lee Barney
Elon Musk is not entirely happy with the tax and spending bill backed by President Donald Trump, Politico reports. In a CBS interview excerpt, the billionaire, who has been overseeing the Department of Government Efficiency, says spending in the bill contradicts DOGE.
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2 weeks ago |
newsmax.com | Lee Barney
Since the launch of the $TRUMP token in January, trading activity has netted President Donald Trump and his allies $324.5 million in trading fees — with $900,000 of that coming in during the last two days on the allure of having dinner with the president, CNBC reports.
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2 weeks ago |
newsmax.com | Lee Barney
Tuesday, 20 May 2025 22:42 PM Speaking before the Senate Homeland Security and Governmental Affairs committee, Chair Rand Paul, R-Ky., called for "rep . . . Tuesday, 20 May 2025 22:19 PM The Department of Justice last month opened a criminal investigation into former New York Gov. Andrew Cuomo amid allegat . . .
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2 weeks ago |
newsmax.com | Lee Barney
Capital One Financial Corporation’s $35.3 billion acquisition of Discover Financial Services is now official. The deal, first announced in February of last year and finalized on Sunday, combines two of the world's largest credit card companies, Business Insider reports. The merger “brings together two innovative, mission-driven companies,” Richard D. Fairbank, Capital One's founder and CEO, said in a statement.
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3 weeks ago |
newsmax.com | Lee Barney
Credit ratings agency Moody's downgraded the United States rating to “Aa1” from “Aaa” Friday and changed the outlook to stable from negative due to the nation’s $36.2 trillion debt. The United States’ rising debt and interest “are significantly higher than similarly rated sovereigns,” Moody’s said. “Successive U.S. administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs,” Moody’s said in a statement.
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