Sen. Cynthia Lummis, R-Wyo., arrives in the Capitol for a vote on Wednesday, February 26, 2024. Bill Clark | Cq-roll Call, Inc. | Getty ImagesWASHINGTON — Some Senate Republicans are raising concerns about an exclusive dinner and White House tour President Donald Trump is offering top investors in his $TRUMP meme token.”This is my president that we’re talking about, but I am willing to say that this gives me pause,” said Sen. Cynthia Lummis, of Wyoming, who has been spearheading a legislative push on cryptocurrency regulation in the Senate. The official website for Trump’s meme coin announced last week that the…
Author: usaeverydaylife
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has weakened consumer confidence and pushed oil prices down.U.S. crude prices slipped under $60 a barrel this week, a threshold below which many companies cannot make money drilling new wells. Crude oil is now about $20 a barrel cheaper than it was just before Mr. Trump took office. Not only is oil fetching less, companies are paying more for steel and other materials because of tariffs the president has imposed.There are signs…
‘Fast Money’ trader Steve Grasso discusses his big bet on bitcoin as the cryptocurrency breakouts toward $100,000. Source link
President Donald Trump signed an executive order late Thursday to end public funding of National Public Radio and PBS to stop what he called “biased and partisan news coverage.”The order directs the Corporation for Public Broadcasting (CPB) to “cease federal funding for NPR and PBS” to the extent allowed by law. The order could be challenged in court.The White House said in a Friday statement that both organizations had received “tens of millions of dollars in taxpayer funds each year to spread radical, woke propaganda disguised as ‘news.'””Unlike in 1967, when the CPB was established, today the media landscape is filled…
Germany’s domestic intelligence service has classified the far-right Alternative for Germany, which some polls show as the most popular in the country, as an extremist party, the German authorities announced on Friday.The decision intensifies a quandary for Germany about what to do about the party, known as the AfD, whose leaders have trivialized the Holocaust, revived Nazi slogans and denigrated foreigners, all the while expanding their political base.The designation is certain to inflame a long-running debate over whether German lawmakers should move to ban the party altogether. Such a step could cast Germany into a political crisis, without necessarily resolving…
‘Fast Money’ traders discuss the stocks they’re watching for next week ahead of earnings. Source link
President Donald Trump on Friday downplayed concerns about potential economic trouble, saying everything would be “OK” in the long term, even if the U.S economy experienced a recession in the short term.Asked twice by “Meet the Press” moderator Kristen Welker whether it would be OK in the long run if there were a recession in the short term, the president said, “Look, yeah, it’s — everything’s OK. What we are — I said, this is a transition period. I think we’re going to do fantastically.”Following up, Welker asked Trump if he was worried about a recession, to which he responded, “No.” Asked whether…
Voters in Australia head to the polls on Saturday, the third major U.S. ally after Germany and Canada to hold elections in a global economic and political landscape upended by the second Trump administration.The two men vying to lead Australia — Prime Minister Anthony Albanese, of the center-left Labor Party, and opposition leader Peter Dutton, of the conservative coalition — agree that the country finds itself in the most challenging environment in a generation. It is heavily dependent on the United States for its security, but derives much of its prosperity from trade with China, which is exerting its military…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors. Source link
U.S. President Donald Trump walks to board Marine One to depart for Alabama, on the South Lawn of the White House in Washington, D.C., U.S., May 1, 2025. Nathan Howard | ReutersA federal judge on Friday struck down President Donald Trump’s executive order targeting the law firm Perkins Coie in a blistering opinion calling the president’s efforts “an unprecedented attack” on the U.S. judicial system.U.S. District Judge Beryl Howell issued a permanent injunction barring the enforcement of any part of Trump’s order from March, which focused on the firm’s representation of 2016 Democratic presidential nominee Hillary Clinton and its work with billionaire donor George…
