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On January 28, one of Utah’s house committees voted 8-1 in favor of a bill named the “Blockchain and Digital Innovation Amendments” that would allow the state to invest a portion of its public funds in Bitcoin and other cryptocurrencies.
China’s antitrust watchdog is reportedly eyeing a formal probe into Apple’s (AAPL) fees for app developers, giving CEO Tim Cook another problem to worry about as the U.S.’ trade war with Beijing kicks off.
After a series of three cuts toward the end of 2024, the Fed’s likely decision to hold steady reflects its cautious approach amid economic uncertainties and a landscape influenced by previous fiscal and monetary policies.
Last week, Trump signed an executive order that set the stage for industry-friendly regulations and a national cryptocurrency stockpile — key campaign promises he made to the industry.
In the past month, shares of Trump Media have climbed 113%, adding billions to its market value — and to the net worth of the former president, who holds a roughly 57% stake in the company.
If elected to the White House in November, Trump is set to push Congress to enact at least some of the proposals he’s touted over the past several months, which he argues would help boost the U.S. economy and people’s personal finances.
President of the International Brotherhood of Teamsters Sean O’Brien speaks on stage on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin.Image: Chip Somodevilla (Getty Images)
Trump’s Agenda 47 policy framework, which outlines the former president’s priorities for a second term, calls for the elimination of federal funding to schools found to promote critical race theory, transgender protections and “other inappropriate racial, sexual, or political content.”