Author: Daniel snow
Trump Media has raised more than $2.3 billion so it can buy bitcoin, propeling itself into the bitcoin treasury-reserve game. Source link
Chinese President Xi Jinping and U.S. President Donald Trump.Dan Kitwoodnicholas Kamm | Afp | Getty ImagesChina is calling out the U.S. for “discriminatory restrictions” in its use of export controls in the chip industry, after the Trump administration accused the world’s second-largest economy of violating a preliminary trade deal between the two countries. “Recently, China has repeatedly raised concerns with the U.S. regarding its abuse of export control measures in the semiconductor sector and other related practices,” China U.S. embassy spokesperson Liu Pengyu told NBC News.It’s the latest escalation in the simmering trade war between the U.S. and China, particularly…
The loss of the penny will leave a hole in more than American companies’ cash registers. Source link
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with demand tough to gauge against a trade-war backdrop and some countries failing to comply with output quotas. Source link
President Donald Trump on Friday will host a press event to celebrate Elon Musk as the Tesla CEO concludes his official government service after four turbulent months leading the so-called Department of Government Efficiency.Musk’s scheduled departure comes at a precarious moment, both for DOGE and for his relationship with the president.Multiple top staffers at DOGE have either recently left or are on their way out of the federal workforce-slashing group. They include Steve Davis, the president of Musk’s Boring Company, and DOGE spokeswoman Katie Miller, White House officials told NBC News. Attorney James Burnham is also reportedly leaving the group.Musk…
PLL co-founder Paul Rabil shares how the league attracted the iconic brand as its first automotive sponsor. Source link
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe more Jamie Dimon worries, the better his bank seems to do.As JPMorgan Chase has grown larger, more profitable and increasingly more crucial to the U.S. economy in recent years, its star CEO has grown more vocal about what could go wrong — all while things keep going right for his bank.In the best of times and in the worst of…
Some AI supporters, and even a few big tech CEOs are already replacing some of their coding workforce with AI systems. But maybe they’re being premature. Source link
President Donald Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, a week after signaling that he had cleared a controversial merger with Japan’s Nippon Steel.Trump is scheduled to deliver remarks at 5 p.m. ET at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania, according to the White House. Investors and union members will listen for answers from the president on what shape the deal he announced between U.S. Steel and Nippon will take.Trump described the deal as a “partnership” in a May 23 post on his social media platform Truth Social. The president said U.S.…
A new analysis breaks down the cancellations and delays. Republican-controlled districts stand to lose the most. Source link