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News
Fintech companies are applying to become banks. Here's what it takes to become one
3+ day, 15+ hour ago (522+ words) Many financial technology companies are applying to become banks. The Indicator finds out what it takes to go through this process and what benefits come with a bank charter. Fintech companies - think payment apps and crypto firms - are not banks....
Donald Trump Jr.'s venture capital firm will be major financial backer of Polymarket
1+ week, 6+ day ago (166+ words) Donald Trump Jr.'s venture capital firm is set to become one of the biggest financial backers of Polymarket. This comes as the prediction market industry faces increased legal scrutiny. The president's son is a partner at 1789 Capital, and the…...
'If You Can Keep It': How Trump’s Getting Rich As President: 1A
4+ week, 20+ hour ago (206+ words) Donald Trump is adding billions of dollars to his personal fortune while he serves as president.In 2024, the president made about $600 million. In his first year of his second term in office, that number jumped to more than $2.2 billion. The…...