Markets Now: Monday, March 25, 2024

Donald Trump’s estimated net worth just doubled as Truth Social owner closes deal to go public

Truth Social owner Trump Media & Technology Group has finalized its deal to go public, creating a massive windfall for former President Donald Trump that doubles his net worth.  
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Analysis: Rate cut in June or July? What matters is the Fed wants to get started

The S&P 500 just knocked past the 5,200 level and the Dow had its best week of the year. So where do we go from here?  
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Boeing CEO Dave Calhoun to step down in wake of ongoing safety problems

In major shakeup of Boeing’s leadership, CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year. The company’s chairman and head of the commercial airplane unit are also leaving.  
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$800 million up for grabs in tonight’s Powerball drawing - and an even bigger Mega Millions jackpot is up Tuesday

Lottery players have two opportunities to potentially strike it rich this week as the Powerball jackpot climbs to a colossal $800 million for Monday night’s drawing and Tuesday’s Mega Millions jackpot tops $1 billion.  
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Why Nike wants to make Air Force 1 sneakers harder to find

Nike Air Force 1 and Nike Pegasus sneakers are everywhere. That’s a problem for Nike, and it wants to make them harder to buy.  
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‘It’s like a game.’ Gen Z says they’re ditching dating apps. There’s just one problem

Dating apps like Tinder and Bumble are facing a younger generation of users who say they’re going back to the basics: asking someone out in person. CNN’s Vanessa Yurkevich spoke to Gen Zers to hear if the end is near for dating apps or if post-pandemic love is simply bursting out of lockdown.  
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Source: CNN Business