Bitcoin, the top cryptocurrency, has dropped back below $93, 000. This downturn comes after a brief rally following Donald Trump's re-election. The price peaked at $98, 000 last week but suffered a setback, declining by over 6% in the last 24 hours. This reversal has put a temporary halt on hopes of
President-elect Donald Trump's promise to do away with the U. S. Department of Education sounds simple, but experts say it's anything but. The plan involves complex logistics, congressional approval, and redirecting federal programs. It's doubtful that Congress will go along with it, and if it happe
Elon Musk, the world's richest person, made a surprising claim against Jeff Bezos, the third-richest person. He said Bezos told people to sell stocks in Musk's companies, Tesla and SpaceX, because Bezos thought Trump would lose the election. Bezos quickly denied this on Musk's social media platform,
In a surprising twist, Donald Trump's inner circle is under scrutiny. One of Trump's top aides, Boris Epshteyn, is accused of trying to make money using his influence. Sources say people claimed Epshteyn asked for passable fees to promote candidates or connect people with the new administration. The
Imagine this: California Governor Gavin Newsom has a plan up his sleeve if President-elect Donald Trump ousts a federal tax credit for electric vehicles. He's talking about restarting the state's Clean Vehicle Rebate Program, which has previously offered financial incentives on over 590, 000 vehicle
Rumble, a video platform with a conservative following, is making headlines for its bold new treasury strategy. The company recently announced that it'll allocate a portion of its excess cash to buy bitcoin, with a cap of $20 million. This move isn't surprising, given the growing interest in cryptoc
You might know Justin Sun as the guy who spent millions on a banana art piece. But now, he's become a big investor in a new crypto project backed by former President Trump. Sun put $30 million into World Liberty Financial, a digital asset bank aiming to let people borrow, lend, and invest in digital
Donald Trump Jr. , son of the President-elect, has made a name for himself in politics, becoming a significant player in his father’s orbit. He has been vocal about his support for certain key figures to join the administration, notably Elon Musk and Robert F. Kennedy Jr. They’ve even sat together o
Business leaders are letting out a collective sigh of relief after President-elect Donald Trump picked Scott Bessent to lead the Department of Treasury. Bessent, a 62-year-old hedge fund executive, faced some internal debates before securing the role. His global investment experience and bipartisan
Some of America's wealthiest business leaders invested heavily in Donald Trump's presidential campaign, with each expecting different rewards. Elon Musk, the richest man in the world, spent over $200 million to support Trump. Since Trump's win, Musk's net worth has skyrocketed. He used his social me
