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The Latest Breaking News from Benzinga

Bernie Sanders Says 530,000 Americans Go Bankrupt Paying Medical Bills Each Year — Attacks 'Unprecedented' Income And Wealth Inequality

Sen. Bernie Sanders (I-Vt.) on Sunday again cited an estimate of 530,000 medical bankruptcies a year, saying it shows why his Medicare for All plan is urgently needed.

Benzinga

Elon Musk Responds After Anthropic AI Starts Citing Grokipedia, Reveals What He Wants In Return

Over the weekend, Anthropic's AI tool was seen as citing Grokipedia, a new AI-powered encyclopedia, prompting a response from Elon Musk explaining the reason behind this development.

Benzinga

Peter Schiff Says Bitcoin Decline Comes Amid 'Rotation' From Fake To Real Assets: 'There's More Than Just Risk-Off At Play'

Economist Peter Schiff called Bitcoin (CRYPTO: BTC) a “fake asset” on Sunday, distinguishing it from risk-off technology stocks.

Benzinga

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Databricks In Talks To Raise $5 Billion At A Massive $134 Billion Valuation Amid Explosive Sales Growth

Databricks is turning heads amid reports of a major new funding round following strong sales growth over the course of this year.

Benzinga

Trump Tariffs Lead To Erosion Of Goodwill For America Among Japanese: Poll

Japanese affection for the United States has dropped sharply after President Donald Trump slapped higher tariffs on imports from Japan, a new government poll shows, even though most people still say the relationship is broadly positive.

Benzinga

Karl Rove Warns Republicans: Lack Of Health Care Agenda Spells 'Deep Trouble' For The Party In 2026 Midterms

Former White House Deputy Chief of Staff Karl Rove cautioned that the GOP risks serious losses in the 2026 midterms if it fails to present a clear health care plan alongside a strong economic agenda.

Benzinga

Ross Gerber Says Uber Is 'Cooked' Amid Waymo's San Francisco Expansion: 'Uber Drivers Better Start…'

Investment firm Gerber Kawasaki's co-founder Ross Gerber thinks that Alphabet Inc.-backed (NASDAQ:GOOGL) (NASDAQ:GOOG) self-driving company Waymo's expansion in San Francisco could pose a challenge for Uber Technologies Inc. (NYSE:UBER).

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Alibaba's Cloud Was Born Out Of 'Necessity,' Says Chairman Joe Tsai — Dependence On US Vendors Threatened 'All Of Our Profits'

Speaking at the HKU Business School Edward K Y Chen Distinguished Lecture, Alibaba Group Holdings (NYSE:BABA) chairman Joe Tsai said the company built its cloud business out of urgent need—not strategy—as rising reliance on U.S. technology vendors put its future profitability at risk.

Benzinga

Elon Musk Predicts 'People Don't Have To Work At All' In 20 Years As AI and Robotics Advance: It Will Be Like A 'Hobby'

Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, said that the world is heading toward a future where traditional employment becomes obsolete, as rapid progress in artificial intelligence and robotics fundamentally reshapes the global economy.

Benzinga

Elon Musk Doubles Down On Solar-Powered AI Satellites, Predicts 'Convergence' Between Tesla, SpaceX, xAI — 'Tesla Is The World Leader In…'

Billionaire Elon Musk has doubled down on his ambition of putting solar-powered AI datacenter satellites in orbit.

Benzinga

Jim Cramer's '10 Stocks To Own For The Future' In 2000 Cost This Redditor A Decade Of Retirement, Says Having To Work 10 More Years Was 'Painful'

A Reddit user slammed Jim Cramer’s stock picks at the peak of the Dot-Com bubble, saying that the CNBC host’s suggestions cost him a decade of retirement.

Benzinga

Elizabeth Warren Calls Trump 'Most Corrupt President' Citing Memecoin, Multi-Million CEO Dinners And Tax Cuts For Billionaires

Sen. Elizabeth Warren (D-Mass.) on Sunday called President Donald Trump’s tenure the “most corrupt” in America’s history, criticizing his involvement in cryptocurrency ventures, meetings with leading industry figures, and other decisions.

Benzinga

John Bolton Questions Trump's Latest 'Incoherent Strategy' To Achieve Ukraine-Russia Agreement, Calls It 'Typically Trumpian'

Former U.S. national security adviser John Bolton renewed sharp criticism Sunday of the 28-point peace proposal advanced by Donald Trump to end the war between Russia and Ukraine, calling the reasoning behind it a "mystery" and the approach "incoherent."

Benzinga

Elon Musk Says Bitcoin Is Based On Energy, The 'True Currency' — Tesla CEO Says His 'Interesting Side Quest' DOGE Is Still Going On

Tesla and SpaceX CEO reiterated in an interview aired Sunday that Bitcoin (CRYPTO: BTC) is based on energy, categorizing it among “fundamental” currencies.

Benzinga

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Adam Schiff Warns Trump Is Dragging America Toward A Venezuela War, Slams GOP For Treating Congress Like An 'Unnecessary Appendage'

Rep. Adam Schiff (D-Calif.) warned Sunday that the President Donald Trump administration's escalating stance toward Venezuela risks pushing the United States toward conflict while sidelining Congress.

Benzinga

Elon Musk Says He Doesn't Buy Stocks, But Thinks Google Will Be 'Pretty Valuable' In The Future And Nvidia's An 'Obvious' One

Over the weekend, Tesla Inc. (NASDAQ:TSLA), SpaceX and xAI CEO Elon Musk said that while he doesn’t invest in stocks, he believes Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Nvidia Corp (NASDAQ:NVDA) are the companies best positioned to dominate the future economy, apart from his own companies.

Benzinga

From 'The Simple Life' To 11:11 Media, Paris Hilton Has Built Her Personal Brand By Focusing On These Two Things

Paris Hilton has been a household name since the premiere of her reality TV show, "The Simple Life," in 2003. Now, a serial entrepreneur and the founder and CEO of global media brand 11:11 Media, Hilton has managed to leverage her personal brand into serious success by focusing on two…

Benzinga

Trump Says He's Talked With Venezuela's President Nicolas Maduro But He Won't Say Much Else

President Donald Trump confirmed Sunday that he spoke with Venezuelan President Nicolás Maduro but declined to say what the two discussed, even as Washington escalates military and diplomatic pressure on Caracas.

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Bitcoin, Ethereum, XRP, Dogecoin Sink After Quiet Weekend: Analyst Anticipates BTC To Reach $100,000 In December

Leading cryptocurrencies declined overnight on Sunday, erasing the gains made earlier in the week.

Benzinga

Ross Gerber Says Meta's Smart Glasses Give Him 'Hope' To Give Up His Phone One Day — Just Like Mark Zuckerberg Predicted 10 Years Ago

Over the weekend, investor Ross Gerber praised Meta Platform, Inc.'s (NASDAQ:META) smart glasses, giving a reminder of the prediction Mark Zuckerberg made 10 years ago.

Benzinga

Tax-Free Student Loan Forgiveness Expires In 2026, Who Owes More Next Year?

Federal tax bills on most student loan forgiveness will return in 2026, ending a five-year window of tax-free relief and raising the risk of a student loan tax bomb for borrowers whose balances are wiped out after Dec. 31, 2025.

Benzinga

Canva CEO Melanie Perkins Shares How She Built A $42 Billion Company: 'Everything Good Was Once Imagined'

Canva CEO Melanie Perkins used a customer-centric approach to turn her business idea into a $42 billion company. She recently explained on "Lenny's Podcast" that Canva regularly listened to customer feedback and improved its product. The focus on product improvement further incentivized people to share the photo tool with their…

Benzinga

The Costco Effect Highlights How New Costco Stores Transform Local Economies: 'Surrounding Businesses Raise Wages Up To 40% More'

The so-called Costco Effect is a phenomenon that boosts the wages of local economies as companies aim to compete with Costco's (NASDAQ:COST) wages, as defined by the "Micro" YouTube channel.

Benzinga

A Car Enthusiast In His Late 20s Earning More Than $500K Per Year Shares When He Felt Ready To Buy A Ferrari: 'I Didn't Miss The Money At All'

A car enthusiast who is in his late 20s and earns more than $500,000 per year decided that he was ready for a Ferrari F360 Spider. He has built a $1.5 million nest egg and had been "mulling over it for over a year" before finally feeling ready to buy…

Benzinga

Ford CEO Says The U.S. Is 'In Trouble' With Over 1 Million Critical Jobs Empty & Even $120K Tech Roles Sitting Vacant. 'God Forbid We Get In A War'

Headlines keep warning about layoffs and white-collar burnout, but there's another workforce crisis quietly crippling the U.S.—and it's not about office jobs.

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