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Eric Adams-Promoted Memecoin Crashes 80% Minutes After Launch, Sparking Rug Pull Allegations Against Former NYC Mayor

by Aniket Verma | Jan 13, 2026 | General

A memecoin launched by Former New York City Mayor Eric Adams sparked controversy Monday after it pumped and dumped, inviting allegations of a rug pull. NYC Token’s Rollercoaster Ride The NYC Token (NYC) launched on the Solana (CRYPTO: SOL) blockchain to fight what...

After Failed Hostile Takeover Bid, David Ellison’s Paramount Skydance Sues Warner Bros. Over Netflix Deal

by Eva Mathew | Jan 13, 2026 | General

Paramount Skydance Corp (NYSE:PSKY) escalated its battle with Warner Bros. Discovery (NASDAQ:WBD) by filing a lawsuit on Monday, demanding that the HBO owner disclose financial details of its nearly $83 billion deal with Netflix Inc (NASDAQ:NFLX). Paramount CEO David...
Trump Says Microsoft, Big Tech Must Bear Data Center Power Bills, So Americans Don’t ‘Pick Up The Tab’

Trump Says Microsoft, Big Tech Must Bear Data Center Power Bills, So Americans Don’t ‘Pick Up The Tab’

by Namrata Sen | Jan 13, 2026 | General

President Donald Trump announced on Monday that his administration is working with major U.S. tech companies, particularly Microsoft Corporation (NASDAQ:MSFT), to prevent Americans from bearing the brunt of data center power consumption. Through a Truth Social post,...
Top Economist Rebuts Trump: $200 Billion Housing Stimulus Via Fannie, Freddie Will Spike Prices, Not Restore ‘Affordability’

Top Economist Rebuts Trump: $200 Billion Housing Stimulus Via Fannie, Freddie Will Spike Prices, Not Restore ‘Affordability’

by Rishabh Mishra | Jan 13, 2026 | General

Moody’s Chief Economist Mark Zandi warns that President Donald Trump‘s directive for Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) to purchase $200 billion in mortgage bonds will likely backfire, driving home prices higher rather than solving the nation’s...
Jim Cramer Says ‘Wall Street Doesn’t Seem To Care’ About Trump’s 10% Cap On Credit Card Rates, Warns ‘Millions’ Will Lose Access To Credit

Jim Cramer Says ‘Wall Street Doesn’t Seem To Care’ About Trump’s 10% Cap On Credit Card Rates, Warns ‘Millions’ Will Lose Access To Credit

by Vishaal Sanjay | Jan 13, 2026 | General

President Donald Trump’s proposal to impose a one-year 10% cap on credit card interest rates is being met with indifference on Wall Street, according to TV host Jim Cramer. Wall Street ‘Doesn’t Seem To Care’ Cramer said Trump has “decided that credit card companies...
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