May 7, 2025

donald trump

Funds

MA Gov. Healey talks about Trump’s 100 days

Sam Drysdale  |  State House News Service As President Donald Trump passes 100 days in his second term in office, Gov. Maura Healey says she’s still willing to work with him, but called his administration “a disaster” so far. “I said at the outset that I would work with this administration where it benefits Massachusetts,

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Mortgage

Interest rates to be cut ‘five times’ this year in major boost for mortgage holders

Fears of an economic slowdown are expected to prompt a Bank of England rate cut next week – with more to follow – leading to potentially big savings for millions of mortgage borrowers The Bank of England could slash its base rate to 3.75% this year in a boost to the home sales(Image: Yui Mok/PA

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Funds

NYC Mayor Adams’ indictment, despite dismissal, still grounds for denying him $4 million in matching funds, records say

NEW YORK — Mayor Eric Adams’ federal corruption indictment is dead, but New York City’s Campaign Finance Board isn’t forgetting about it. The board will continue to deny Adams’ reelection campaign $4 million in public matching funds due to his indictment, as it still has “reason to believe” he and his team broke “various” federal

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Investors

ASX 200 rises 0.3 per cent as investors await fresh inflation data that could pave the way for a second RBA rate cut of 2025

The ASX 200 has edged higher following a market surge in the US overnight, as investors await fresh inflation data due on Wednesday that could pave the way for a second RBA interest rate cut of 2025. The index bumped up 0.3 per cent in the early moments of trading on Wednesday, with Ramelius Resources

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Funds

Trump’s team has disrupted some $430 billion in funds, Democrats say

By LISA MASCARO, Associated Press Congressional Correspondent WASHINGTON (AP) — The Trump administration has frozen, stalled or otherwise disrupted some $430 billion in federal funds — from disease research to Head Start for children to disaster aid — in what top Democrats say is an “unprecedented and dangerous” assault on programs used by countless Americans.

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Investment

$100B US investment hinges on federal support

Nichola Groom  |  Reuters April 29 — Manufacturers and developers of U.S. energy storage projects said their industry will invest $100 billion this decade to create a wholly domestic battery supply chain, but warned the goal was contingent on support from Washington. The American Clean Power Association, a trade group that represents energy storage companies, said

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Crypto

Trump-backed crypto firm joins hands with Pakistan Crypto Council to boost blockchain innovation | World News

In a key move in the development of Pakistan’s financial technology sector, the Pakistan Crypto Council (PCC) and World Liberty Financial (WLF) officially signed a series of agreements aimed at promoting investment and innovation in the crypto industry. The dignitaries at the event highlighted the importance of the agreements and the growing potential of the

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Investors

Cooling trade tensions bring investors back as Wall Street surges

Benzinga  |  Detroit Free Press Trump suggests China tariffs will ‘come down substantially’ President Donald Trump suggested the China tariffs will “come down substantially.” Reports suggested China is considering suspending its 125% tariff on select U.S. imports, following indications that Washington may cut tariffs on Chinese goods. The S&P 500 has now recouped nearly 80%

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Crypto

Three ways tariffs could upend the crypto market in 2025

Dominic Basulto  |  The Motley Fool Trump’s cryptocurrency sees 70% value jump after VIP dinner offer The value of Trump’s meme coin has seen a huge value increase as he prepares to host two special events for its top investors. Crypto trading platform Coinbase revealed that ‘$Trump’ soared after he announced that 220 of its biggest

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Banking

Banking regulators scrap crypto-warnings, encourage innovation

Trump’s crypto project says it sold $550M in tokens Donald Trump’s World Liberty Financial crypto project announced it raised $250 million in its second token sale, bringing total sales to $550 million. Cheddar U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities. The Federal Reserve said it was

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