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Charlie Munger, Donald Trump, and John McAfee

May 9, 2016, 23:12 IST

Berkshire Hathaway Vice Chairman Charlie Munger arrives to begin the company's annual meeting in Omaha May 4, 2013.REUTERS/Rick Wilking

Finance Insider is Business Insider's summary of the top stories of the past 24 hours.

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Donald Trump just made a new mess while walking back his controversial plan for US debt.

The problem, according to Business Insider's Josh Barro, is that he thinks he is a financial genius.

The CEO of fintech company Lending Club is stepping down, and the stock is crashing.

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The company that bought Keurig is buying Krispy Kreme. That deal is the latest step in an effort to build a coffee and bagel empire.

We've been poring over a Valeant document dump from the Senate. Here are the highlights:

In other news, it turns out that a booming Wall Street business is based on guesstimates, and that could be a problem. China's president may have warned about a potentially 'deadly' risk to the economy. And Citigroup has appointed a new team at the top of its equities business - here's the memo.

Lastly, John McAfee was just named CEO of a small tech company, and the stock is going nuts.

Here are the top Wall Street headlines at midday:

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The huge 'Panama Papers' data dump just dropped - The International Consortium of Investigative Journalists just published a huge database about how some of the world's wealthiest and most powerful people hide their cash - dubbed the "Panama Papers."

The massive spike in the number of apartments built in the US last year was almost entirely because of a single city - It is all because of New York.

Meet the all-woman team disrupting an antiquated financial industry - It's not often you come across an all-woman management team in business.

Goldman Sachs is going after Main Street - The Wall Street firm has made some significant changes in recent weeks that hint at a strategic shift away from its traditionally elite clients and toward more common investors.

CITI: The 10-year yield is going back toward record lows, but this time is different - Wall Street's analysts and the futures market are falling into line on when the next hike will be.

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Goldman Sachs' HR chief says this is the key to writing a winning cover letter - If you ever questioned the value of a cover letter in today's technological age, Goldman Sachs' HR chief has an important message for you.

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