By Chris Prentice WASHINGTON (Reuters) -The fate of long-awaited cryptocurrency legislation in the U.S. Congress was cast into doubt Tuesday, as a procedural vote to consider the measures was shot down by lawmakers from both parties, and shares of some companies in the sector fell. House Republicans had billed this week as “Crypto week,” and…
By Leah Douglas WASHINGTON (Reuters) -The U.S. Department of Agriculture said on Tuesday it would cut funding for a national network of centers that have supported thousands of small- and mid-sized farm and food businesses. The cuts are another hit to farmers from President Donald Trump’s effort to shrink the size and cost of the…
By Ernest Scheyder (Reuters) -The U.S. Department of Defense plans to continue investing in critical minerals projects to ensure a diverse American supply of the building blocks for weapons and many electronics, a defense official told Reuters on Tuesday. The Pentagon signed a multibillion-dollar deal last week to become the largest shareholder in rare earths…
PITTSBURGH, Pennsylvania (Reuters) -U.S. President Donald Trump on Tuesday lauded a new trade deal signed with Indonesia and said the United States would be fighting China “in a very friendly fashion.” Trump told an energy summit at Carnegie Mellon University that other trade deals could be reached, including potentially with India. Trump has launched a…
How we’re pulling in 33% a year-without margin, options, or gimmicks ⏳ Missed the Gold Boom? [sponsor] [adv] How we’re pulling in 33% a year-without margin, options, or gimmicks [sponsor] Like any other investor, I try to buy low and sell high… but the BIG difference with me is that I focus on a certain group…
By Jaspreet Singh and Aditya Soni (Reuters) -Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology he has chased with a talent war for top engineers. The social media giant is among the large…
By Patturaja Murugaboopathy (Reuters) -As bitcoin hit a record high on Monday, evidence from institutional flows and derivatives suggested its rally might be more stable and lasting than previous speculative runs. Bitcoin crossed $120,000 for the first time on optimism over upcoming U.S. House discussions on digital asset regulation, extending its gains this year to…
By Nate Raymond and Daniel Wiessner (Reuters) -A coalition of mostly Democratic-led states filed a lawsuit on Monday challenging a move by U.S. President Donald Trump’s administration to withhold about $6.8 billion in congressionally approved federal funding for K-12 schools. Attorneys general or governors from 24 states and the District of Columbia sued in federal…
(Reuters) -The Trump administration’s tariffs are likely to boost U.S. manufacturing jobs and real income in a majority of states, but lower employment and income adjusted for inflation in the country as a whole, new research from the San Francisco Federal Reserve showed on Monday. Assuming a 25% increase in U.S. tariffs on imports from…
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