President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as unfit for the job. “The United States of America now fully owns and controls 10% of INTEL, a Great American
President Trump Wednesday called on Federal Reserve governor Lisa Cook to step down over claims of “mortgage fraud” as he presses his feud over economic policy with the central bank. “Cook must resign, now,” Trump wrote on his social media about Cook, a member of the Fed board. Trump cited a letter from Federal Housing
Intel investment under fire—US officials respond originally appeared on TheStreet. Intel has been on the hot seat with Washington, D.C., over concerns that it may be slow-walking semiconductor manufacturing plans following a shakeup that removed former CEO Pat Gelsinger and installed current CEO (and former Board of Directors member) Lip-Bu Tan earlier this year. The
US stock futures were mixed on Friday as Wall Street tempered its rate-cut hopes and awaited July’s retail sales report. Futures attached to the Dow Jones Industrial Average (YM=F) rose around 0.7%. Futures attached to the benchmark S&P 500 (ES=F) were flat and futures attached to the tech-heavy Nasdaq 100 (NQ=F) fell below the flatline.
00:00 Speaker A Dan, I also want to ask you about these talks expected between Trump and Putin. Um, what is the oil market watching most closely in terms of how it could affect supply? 00:19 Dan You know, I I’m afraid we’ve gone through this, uh, rigmarole with Trump and Putin and and and
Retail trade organisations have responded positively to President Trump’s executive order titled “Guaranteeing Fair Banking for All Americans,” issued on 7 August 2025, which seeks to curb so-called “politicized or unlawful debanking”—the denial of banking services based on political, religious or lawful business affiliations. The Merchants Payments Coalition, representing small retailers, supermarkets and convenience stores,
Assorted Cryptocurrency emblems Image by Canva Treasury Secretary Scott Bessent declared an end to the “four-year siege” on cryptocurrency, unveiling a sweeping federal report that charts America’s path to becoming the world’s crypto capital. Speaking at the White House, Bessent announced over 100 regulatory and legislative recommendations aimed at reversing what he called the previous
El Salvador’s Legislative Assembly approved changes to the country’s constitution on Thursday that will extend presidential terms from five years to six and abolish term limits. That means President Nayib Bukele, a far-right crypto enthusiast who’s allied with President Donald Trump, could potentially stay in power for the rest of his natural life. First elected
The GENIUS Act: A New Era in U.S. Crypto Regulation originally appeared on L.A. Mag. The U.S. Department of the Treasury’s Treasury BuildingCourtesy rrodrickbeiler via Adobe Stock Meet the stablecoin: the dollar-pegged digital asset quietly powering payments and blockchain infrastructure across the digital economy. What happens when Washington draws a legal line around it? That’s the question
President Trump told reporters that India may be hit with a tariff rate of 20% to 25% and cautioned that the final levy still hadn’t been decided. This news comes days before Trump’s Aug. 1 deadline, when nations who have not yet reached a deal will face higher tariffs. “I think so,” Trump told reporters