In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the Federal Deposit Insurance Corporation (FDIC), are expected to revise guidelines,...
Tag : trump administration
U.S. President Donald Trump has announced he is considering a 10% tariff on Chinese imports, potentially taking effect as early as February 1. The proposed measure follows escalating tensions between Washington and Beijing, with Trump...
Tesla Inc. reported its fourth-quarter and year-end vehicle production and delivery results, revealing the company's first-ever annual decline in deliveries. Tesla disclosed 495,570 vehicle deliveries and 459,445 units produced in the fourth quarter of 2024,...
The U.S. dollar ended 2024 with significant gains against most global currencies, supported by higher Treasury yields and reduced expectations for aggressive Federal Reserve rate cuts. Despite slipping slightly on the final trading day, the...
President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan is set to collaborate with David Sacks, who has been named White House AI and...