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Donald Trump announces revolution: $500 billion investment in ...
13 hours ago · The new president of the USA, Donald Trump, announced a plan for multi-year investment in leading companies in the field of artificial intelligence, and plans to support them with 500 billion dollars. It is clear that artificial intelligence is …
These five billionaires could hit $1 trillion in wealth by 2035
1 day ago · Rebeca Riddel reacts. Rebeca Riddel from Oxfam is one of those who is outraged by this state of affairs, believing that this kind of inequality can only create even bigger problems. "It is an unimaginable amount. This extreme inequality is nothing to …
Bitcoin crosses $109,000 on Binance amid Trump's pro-crypto …
2 days ago · The value of bitcoin on the world's largest exchange, Binance, rose by 2.91 percent to $109,241, mostly due to the cryptocurrency industry's high expectations since Donald Trump took office as president of the United States. The Republican billionaire plans to issue an executive order defining ...
US Core CPI slows to its lowest reading since july
6 days ago · Headline CPI was firm in December at +0.4% MoM, boosted by strong food and energy prices. This has shown an accelerating trend since mid 2024. Core CPI, however, was softer at +0.23% MoM, the lowest reading since July. Analysts suspect the core PCE reading should be similar. This should be viewed as ...
Scott Bessent warns of tax blow without renewal of 2017 tax cuts
5 days ago · Increased sanctions on the Russian energy sector. Founder and manager of the hedge fund Key Square Capital Management, Bessent, assessed that the previous US sanctions on the Russian oil sector were too weak and that the Biden administration did not have enough strength to introduce more extensive sanctions due to the limitation of US oil production.
Five key macro trends to watch in 2025 - financial-world.org
Nov 24, 2024 · Analysts believe that 3i's (Inflation, Inequalities and Immigration) were the principal culprit in political revolutions that over the last 15 months have either swept from power or meaningfully weakend almost all incumbent governments (e.g. US, UK, France, Germany, the Netherlands, Austria, Italy, Poland, Japan, and India).
Traders analyze December employment report for direction
Jan 10, 2025 · As for the rest of the day, traders will turn their focus to the US employment report for December. The report is gaining some prominence because recent comments from Fed officials have offered a mix of opinions regarding the outlook for inflation and policy rates, which has left traders looking for direction in the data, again.
Donald Trump's key policy changes as President elect
Nov 7, 2024 · 4) Section 122 Balance of Payments Authority. This stems from the Trade Act of 1974 and allows the President to impose additional tariffs of up to 15% on imports for 150 days. 5) Section 338 of the Tariff Act of 1930. As the CSIS article highlights, this allows the President to impose additional tariffs of up to 50% on any country that discriminates against US products.
The biggest banks in the world: Wells Fargo
Jun 25, 2023 · The exhibits on display include original stagecoaches, photographs, gold nuggets and mining artefacts, the Pony Express, telegraph equipment. The company also operates a company history museum in the Pony Express Terminal at Old Sacramento State Historic Park in Sacramento, California, which was the company's second office, and the Wells Fargo History Museum in Old Town San Diego, California.