Finances

The U.S. and China finalized the TikTok deal. Treasury Secretary Scott Bessent confirmed Trump and Xi Jinping will sign the agreement on October 30 in Korea.

U.S. billionaire Timothy Mellon donated $130 million to pay American troops during the government shutdown, reports Baltimore Chronicle.

Bitcoin and altcoins plunged as political tensions, high leverage, and market panic caused $19 billion in positions to be liquidated in a historic crypto crash.

Paris Jackson has reportedly received $65 million from Michael Jackson’s estate, executors say, rejecting her claims of mismanagement and “money skimming.”

Tesla shareholders and U.S. officials urge investors to reject Elon Musk’s $1 trillion pay package, accusing the board of poor oversight and financial mismanagement.

Elon Musk becomes the first person in history with a $500 billion fortune, driven by Tesla stock growth, reports Forbes via Baltimore Chronicle.

The 2026 state budget plans to raise the minimum wage to UAH 8,647 and the subsistence minimum, with the maximum pension reaching UAH 25,950.

Giorgio Armani’s will instructs heirs to sell a stake in his fashion house or go public, preserving the brand’s legacy and control.

Elon Musk briefly lost the title of the world’s richest person to Larry Ellison of Oracle but later regained the top position.

Giorgio Armani passed away at 91. His inheritance will be shared between the Giorgio Armani Foundation and his family members.