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Epstein Had $100M+ in Deals With Banks, Hedge Funds, and Billionaires
Jeffrey Epstein remained deeply embedded in Wall Street’s financial networks well past his 2008 sex-crime conviction. Newly reviewed documents and congressional records show Epstein and his entities maintained accounts at more than 20 banks: including Wells Fargo, TD Bank, and FirstBank Puerto Rico, and conducted large transactions with prominent hedge funds and investment firms. While …
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JPMorgan Chase To Take Over Apple’s Credit Card Program
JPMorgan Chase is in advanced talks to take over Apple’s credit card program from Goldman Sachs. If a deal is finalized, it would mark the end of a rocky partnership between Apple and Goldman, and shift roughly 12 million Apple Card users under JPMorgan’s management. For Apple, the move would align the brand with a …
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Pentagon Testing a New Wave of Artificial Intelligence Tools
The Pentagon is testing a new wave of artificial intelligence tools that allow data to move freely between software platforms, part of an effort to reduce lock-in with defense contractors like Palantir. These tools can automatically translate code and migrate large datasets, giving the Department of Defense greater control and flexibility when selecting or switching …
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The App Holding Men Accountable Goes Viral
Good luck to the men looking for a wife. Launched in 2023 by entrepreneur Sean Cook, Tea is a women-only, invite‑only “dating safety” app where users can anonymously review men they’ve met. With verification via selfie analysis and a waitlist, and fueled by referral‑based entry, it has surged to the #1 position on the U.S. …
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American Eagle Stock Soars After Sydney Sweeney Partnership
Is the meme market back? American Eagle’s Fall 2025 denim campaign launched yesterday with actor Sydney Sweeney as the star of the show. Signature pieces from the launch include a limited-edition denim jacket and a new silhouette called “The Sydney Jean,” both of which Sweeney helped design. The market responded quickly to the campaign with …
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FDA Reverses Juul Ban
We are so back. The FDA has authorized Juul to sell its e-cigarette device and tobacco and menthol-flavored pods in the U.S., reversing a 2022 decision that effectively banned the products and nearly forced the company into bankruptcy. Regulators determined that Juul’s products could help adult smokers transition away from traditional cigarettes, presenting more public …
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JPMorgan Beats Earnings
JPMorgan beat Wall Street expectations for the sixth consecutive quarter, posting strong results across trading and investment banking. Here’s the tale of the tape: • EPS came in at $5.24 (vs. $4.48 est.) • Revenue hit $45.68B (vs. $44.06B est.) The firm’s markets division saw a +15% YoY revenue increase to $8.9B, largely driven by …
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Goldman Sachs’ Loyalty Test
Goldman Sachs is reportedly implementing a new loyalty certification system for junior bankers, requiring them to confirm every three months that they haven’t accepted job offers elsewhere. The initiative is part of a broader effort to stem the tide of private equity firms poaching talent early in analysts’ careers, often during or even before their …
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Former UK Prime Minister Rishi Sunak Joins Goldman Sachs as Senior Advisor
Nearly two decades after launching his career at Goldman Sachs, former UK Prime Minister Rishi Sunak is returning to the Wall Street giant, this time in a senior advisory role. Goldman Sachs CEO David Solomon announced Tuesday that Sunak will join the firm to provide strategic counsel on macroeconomic and geopolitical matters. Sunak began his …
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Shell To Acquire BP
Shell is in early talks to acquire BP per the WSJ. The deal could be worth around $80 billion and would potentially mark as the largest oil acquisition of this generation. According to reports, the talks between the representatives are still in the early stages and a representative said discussions are moving slowly. Currently BP …