BlackRock’s new acquisition pushes the asset manager one step deeper into private markets. The news The asset management giant on Monday announced an agreement to buy ElmTree Funds, a real estate investment firm that manages roughly $7.3 billion in assets. ElmTree, which leases commercial properties to single-tenant renters, will be integrated into BlackRock’s new group…
U.S. President Donald Trump walks after disembarking Marine One as he arrives at the White House in Washington, D.C., U.S., July 6, 2025. Ken Cedeno | Reuters The United States will impose 25% blanket tariffs on imports from Japan and South Korea starting Aug. 1, President Donald Trump revealed Monday. Trump, in a pair of…
We’re selling 20 shares of Goldman Sachs at roughly $717. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 220 shares of GS, decreasing its weighting to about 4.35% from about 4.75%. We are scrutinizing the portfolio, reviewing every position to determine if we are being too greedy following the recent strength in the broader…
Treasury Secretary Scott Bessent on Monday said the Trump administration will make “several” trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting. Speaking on CNBC’s “Squawk Box,” Bessent also declined, yet again, to rule out the possibility that he could serve as the next chair…
Avishek Das | SOPA Images | Lightrocket | Getty Images Lithuania’s central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week. “We have contacted Robinhood and are awaiting clarifications regarding the structure of OpenAI and SpaceX stock tokens as well as the…
White House trade advisor Peter Navarro chastised Apple CEO Tim Cook on Monday over the company’s response to pressure from the Trump administration to make more of its products outside of China. “Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of…
CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider,…
Two young men stand inside a shopping mall in front of a large illuminated Apple logo seen through a window in Chongqing, China, on June 4, 2025. Cheng Xin | Getty Images Apple on Monday appealed what it called an “unprecedented” 500 million euro ($586 million) fine issued by the European Union for violating the…
Film directors Rian Johnson (L), Greta Gerwig (C), and Guillermo Del Toro (R) Getty Images Netflix isn’t interested in bringing movies to theaters. The company’s leaders have said they see theatrical movie releases as an “outdated” model. Yet for more than a decade, the streamer has lured in some of Hollywood’s biggest directors to make content…
Studio4 | E+ | Getty Images As President Donald Trump continues to negotiate the rate of tariffs that countries will ultimately pay to do business with the U.S., Americans are already feeling the pinch of higher prices — and many worry about their ability to pay down debt. About 78% of survey respondents say Trump’s…
