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Trading cards are now a $50 billion global industry — and their comeback is just getting started
Trading cards, rebooted by social media, are now a $50 billion global industry. Entrepreneur Gary Vaynerchuk launched “VeeFriends” cards with Topps Chrome. Vaynerchuk believes the boom will last, despite comparisons to the NFT craze. Trading cards have been...
New Yorkers create encampment for $400 plastic watch — filled with paid line-sitters and a shocking overdose
By Thursday evening, the line outside the Times Square Swatch store resembled a small roadside encampment. Not an unusual sight for anyone in the resale game, looking to make a hefty profit in the aftermarket off a coveted release. Nearly half the block between...
CBS News anchor Tony Dokoupil barred from broadcasting at Taiwan hotel in latest Asia trip snag
“CBS Evening News” anchor Tony Dokoupil said he was barred from broadcasting from his Taiwan hotel after the owner frowned on his coverage — one of several snags the journo encountered during his jaunt to cover President Trump’s China summit. After a segment...
Fidelity Investments makes $2.5M class action settlement — see if you qualify for $5K payout
Victims of fraud may soon be seeing green. Fidelity Investments, the financial services firm, has agreed to pay a $2.5 million class-action settlement in response to claims it failed to prevent a 2024 data breach that compromised sensitive consumer...
Bill Ackman’s Pershing Square discloses Microsoft stake, touts ‘deeply embedded’ software
Billionaire investor Bill Ackman revealed Friday that his firm Pershing Square Capital has built a stake in Microsoft – and said the tech giant “offers analogous and compelling long-term value” despite a recent stock slump. Ackman, 60, wrote in a lengthy X post...
David Letterman and Stephen Colbert trash CBS furniture in rooftop revenge stunt
David Letterman marched back into the Ed Sullivan Theater on Thursday night and unloaded on CBS over its decision to cancel Stephen Colbert’s late-night show — before helping toss couches, watermelons and a wedding cake off the roof of the landmark Manhattan...
Warren Buffett, Stephen Curry charity lunch auction fetches $9M from mystery bidder
A bidder agreed to pay $9,000,100 at auction to dine with billionaire investor Warren Buffett and basketball superstar Stephen Curry in a charity fundraiser. The winning bid came in a weeklong auction on eBay that ended on Thursday, according to eBay’s...
Pot Inc. may finally be inching closer to the US bank access it craves
The barriers that have long blocked Pot Inc. from access to banking services may soon crumble, setting the stage for exponential growth in the $50 billion cannabis business, On The Money has learned. At this point, the key barrier is GOP opposition — mainly in...
Everybody on Wall Street is ridiculing Ryan Cohen’s $56B eBay bid — but I’m not so sure
There’s not a single trader or sophisticated investor I have spoken to who believes Ryan Cohen, the CEO of troubled video-game retailer GameStop, is really going to buy eBay. And yet, I can’t count this guy out – and neither should you. Yes, there are plenty...
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