One-time ‘SPAC King’ Palihapitiya launches new blank-check vehicle with plan to ‘temper’ retail fervor

One-time ‘SPAC King’ Palihapitiya launches new blank-check vehicle with plan to ‘temper’ retail fervor

Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images Chamath Palihapitiya, once dubbed Wall Street’s “SPAC King,” is back with a new blank-check vehicle and a promise to do better after a bruising track record. Palihapitiya on Monday launched the American Exceptionalism Acquisition Corp. A (AEXA), a $345 million SPAC that he said was more…

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Chinese organized crime networks moved  billion in crypto in 2025, according to report

Chinese organized crime networks moved $16 billion in crypto in 2025, according to report

SIHANOUKVILLE, CAMBODIA – JANUARY 18: Amber Casino and former scam center, owned by Chen Zhi, a Chinese businessman who was deported to China, is seen in Sihanoukville, Cambodia, on January 18, 2026. Casinos and scam centres shape life in Cambodiaâs Sihanoukville. Wealth is concentrated among finantial elite while poorer people work in harsh conditions for…

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How to give away 0 billion

How to give away $150 billion

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. When Peter Buffett learned that he and his siblings would be in charge of giving away the fortunes of their father, Warren Buffett,…

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U.S. asks American citizens to ‘leave Iran now’ ahead of high-stakes talks with Tehran

U.S. asks American citizens to ‘leave Iran now’ ahead of high-stakes talks with Tehran

Two armed members of Iran’s police special forces stand behind a country flag placed on an armored military vehicle during a pro-Government rally in downtown Tehran, Iran, on January 12, 2026. Nurphoto | Nurphoto | Getty Images The U.S. Virtual Embassy in Iran issued a security alert early Friday urging American citizens to “leave Iran…

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