Latest News of LION
How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO
Chris Brightman, CEO of Research Affiliates, emphasizes the economic importance of immigration reform to combat declining birth rates and an aging population. He suggests boosting skilled immigration ...
Billionaire Peter Thiel Just Sold $1 Billion of Palantir Stock. Should You Cash Out, Too?
Peter Thiel, co-founder of PayPal and early investor in Meta Platforms, sold over $1 billion of Palantir stock, triggering investor concerns. Despite Palantir's strong growth and profitability, its hi...
Meituan co-founder cashes out US$44.3 million amid Chinese stock rally
A Meituan co-founder sold 2 million shares, worth US$44.3 million, amid a Chinese stock rally. Meituan's revenue and profit surged, and the company issued US$2.5 billion in senior notes....
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2 Tech Stocks That Could Make You a Millionaire
By Yahoo! Finance | 15 hours agoDifferent investors have various goals such as passive income, saving for the future, or aiming for a $1 million retirement portfolio. MercadoLibre and Lemonade are two promising tech stocks with sign...
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Recordati buys rights to rare immune disorder drug from Sanofi for $825 million
By Yahoo! Finance | 16 hours agoRecordati, an Italian pharmaceutical company, is acquiring global rights to a drug for cold agglutinin disease from Sanofi for $825 million. The deal includes milestone payments and will be finalized ...
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Warren Buffett's Billion-Dollar Lesson: 'It's Very Irritating If You Have A Lot Of Money' -- In The End, You Can't Buy Love
By Yahoo! Finance | 19 hours agoWarren Buffett, the legendary investor, believes that true success is measured by the love and respect you receive from those around you, not by wealth. Despite his billionaire status, Buffett values ...
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3 Idaho Big-Game Guides Led Illegal Mountain Lion Hunts, U.S. Says
By The New York Times | 21 hours agoThree Idaho hunting guides face federal charges for illegally leading mountain lion hunts in national forests and transporting carcasses out of state. The guides operated a separate unlicensed outfitt...
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China's Cash Funds Lose Billions in Rush Back to Stock Market
By Yahoo! Finance | 23 hours agoBillions have left China's money market ETFs, while more flowed into equity ETFs, as Beijing's stimulus measures boosted the stock market. Market reaction shows investor confidence in China's economy ...
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Hurricane Helene Damages Could Top $250 Billion, Analysts Say
By Yahoo! Finance | 23 hours agoHurricane Helene's devastating impact has caused over 200 deaths and economic losses estimated between $225 billion and $250 billion. The storm's unprecedented scale and destruction have led to urgent...
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Trump-backed mass deportations would cost billions, report says
By CBS News | 23 hours agoThe American Immigration Council released a report on the potential cost of mass deportations under a second term of former President Donald Trump. Adriel D. Orozco, senior policy counsel at AIC, disc...
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30 million student-loan borrowers get bad news after a Trump-appointed federal judge officially blocks Biden from carrying out broader debt cancellation
By Business Insider | 1 day agoA judge blocked Biden's plan to cancel student debt. GOP attorneys argued the Education Department violated procedures. Legal battles continue for student-loan borrowers, with relief on hold pending f...
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Mountain lion discovered after report of a prowler in Antioch neighborhood
By CBS News | 1 day agoAntioch police responded to a report of a prowler, only to discover it was a young mountain lion. This incident is part of a series of recent mountain lion sightings in the area. Residents are advised...
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US free tax filing system expands to 24 states, 30 million taxpayers in 2025
By Yahoo! Finance | 1 day agoThe U.S. Treasury announced an expansion of the IRS's online Direct File system, allowing over 30 million taxpayers in 24 states to file federal taxes for free. This initiative aligns with the Biden a...
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Fed's paper losses top the $200 billion mark
By Yahoo! Finance | 1 day agoThe U.S. Federal Reserve reported over $200 billion in losses due to its high-interest rate monetary policy to combat inflation. Despite the losses, the Fed's ability to conduct monetary policy remain...
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Student loan update: 27.6 million borrowers get good news
By Newsweek | 1 day agoGeorgia's lawsuit against Biden's student loan forgiveness plan was dismissed by U.S. District Judge J. Randal Hall, as Georgia lacked legal standing. The case will now proceed in Missouri. Despite ch...