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Trump To Reportedly Appoint Hunter Biden Whisteblower Gary Shapley As Acting IRS Commissioner: 'He'll Be A Great Asset'
Tuesday, April 15, 2025 - 8:26pm | 464President Donald Trump plans to appoint Gary Shapley as the acting commissioner of the Internal Revenue Service, according to a report. What Happened: Shapley provided whistleblower testimony to Republicans, claiming partisan bias hindered the investigation of President Joe Biden’s son,...
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Former Treasury Secretary Janet Yellen Says Trump 'Has Taken A Wrecking Ball' To The Economy: Couldn't Think Of A 'More Devastating Economic Agenda'
Friday, April 11, 2025 - 8:58am | 701Janet Yellen, Former Treasury Secretary and Fed Chair between 2014-2018, has expressed her disapproval of President Donald Trump‘s economic policies, attributing them to significant economic damage. What Happened: Yellen, who served under former President Joe Biden, stated that...
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Trump Signs Landmark Crypto Law, Repeals Biden-Era IRS Rule Targeting DeFi Platforms
Friday, April 11, 2025 - 8:22am | 427In a landmark move for the cryptocurrency sector, President Donald Trump has signed into law a resolution overturning a controversial IRS rule introduced under his predecessor Joe Biden. What Happened: The regulation in question required decentralized finance platforms to adhere to the same...
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Trump Torpedoes US Steel Deal, X Stock Tumbles Despite Bullish Chart
Thursday, April 10, 2025 - 9:03am | 592United States Steel Corp (NYSE:X) has been red-hot until the morning of April 10. After a powerful run, shares are taking a hit in premarket trading, down 10.04% as of 7:55 AM Eastern Time. The culprit? President Donald Trump's latest curveball on the Nippon Steel deal. X stock had soared 38.47%...
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S&P 500 Plummets 10.8%, Nasdaq 100 Corrects 14.1% Since Trump's Inauguration: Here's How It Compares To Obama And Biden Eras
Friday, April 4, 2025 - 4:37am | 752The S&P 500 and Nasdaq 100 indices fell sharply on Thursday after President Donald Trump announced sweeping tariffs on U.S. trading partners, following the market close on Wednesday. The indices have logged double-digit declines since Trump’s inauguration on Jan. 20, and technical charts...
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Donald Trump's Bitcoin Bust: Why Did BTC Perform Better During Joe Biden's First Two Months?
Tuesday, March 25, 2025 - 1:41pm | 469President Donald Trump's open embrace of Bitcoin (CRYPTO: BTC) — including the launch of a government-backed strategic reserve and his involvement in World Liberty Financial — has yet to yield the gains crypto investors had hoped for. In fact, Bitcoin's performance under Trump's second term has...
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Trump Yanks Security Clearances From Biden, Harris, Clinton, and Other Foes
Sunday, March 23, 2025 - 12:30pm | 446President Donald Trump has issued a memorandum rescinding security clearances and access to classified information from a list of high-profile individuals. According to a statement from the White House, the individuals named include prominent political figures such as Antony Blinken, Jake Sullivan...
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Trump Administration Revokes Legal Status From Half A Million Migrants
Saturday, March 22, 2025 - 12:18am | 445The Donald Trump administration is revoking legal status for hundreds of thousands of migrants, reversing a key Joe Biden-era immigration policy and reigniting debate over the scope of executive authority. What Happened: In a move set to take effect April 24, the Department of Homeland Security...
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United States Of Unhappiness? America Falls To New Low In World Rankings
Friday, March 21, 2025 - 3:54pm | 910The 2024 year may be one for Americans to forget with a divided nation thanks to a contentious presidential election cycle. That political divide may have weighed into the recent world country rankings, where the U.S. hit a new low. What Happened: While many investors may have been happy in 2024...
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Billionaire Stanley Druckenmiller Boosts US Steel Stake By 143%: Is He Betting On Merger?
Thursday, March 20, 2025 - 2:39pm | 395United States Steel Corp (NYSE:X), a giant of American industry, fell into tough times in recent decades. As company management explores merger opportunities, hedge fund manager Stanley Druckenmiller made a large bet on the Pittsburgh, Pennsylvania-based company. What Happened: Druckenmiller’...
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Donald Trump Calls For Stablecoin Legislation, Lauds Bitcoin Reserve: 'Biden Got A Fraction Of Their Value'
Thursday, March 20, 2025 - 11:45am | 574U.S. President Donald Trump called on Congress to pass stablecoin legislation during his address at the Blockworks Digital Asset Summit in New York City, emphasizing the need for clear rules to foster innovation in the cryptocurrency sector. What Happened: Speaking to an audience of crypto...
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Why Trump's New Tesla Won't Be Hitting The Open Road
Wednesday, March 12, 2025 - 4:23pm | 1054President Donald Trump announced Wednesday he was buying a red Tesla Model S vehicle from Tesla Inc (NASDAQ:TSLA) during a White House event. The purchase was done to help Tesla CEO Elon Musk and drew plenty of attention to the car company, despite the fact that Trump will not be able to drive the...
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Bitcoin Déjà Vu? If Trump's Second Term Is Anything Like His First, BTC Could Touch This Eye-Popping Level
Tuesday, March 11, 2025 - 7:00am | 527The ongoing cryptocurrency downturn has left investors reeling, wiping away a major chunk of their gains since Donald Trump emerged victorious in the 2024 presidential elections. Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency by valuation, sank below $77,000 for the first time in...
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Bill Ackman Clashes With David Sacks Over Ukraine Strategy, Asks If US Should Let Russia 'Take The Rest Of Eastern Europe'
Sunday, March 9, 2025 - 9:58pm | 761On Sunday, Bill Ackman responded to a post by David Sacks regarding the U.S. involvement in Ukraine. Ackman questioned the implications of allowing Russia to control Ukraine, emphasizing the strategic importance of Ukraine’s resources. What Happened: Ackman posed a rhetorical question, asking...
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Sam Bankman-Fried Says 'When Rubber Meets The Road' On Crypto's Fate Under Trump, Slams Biden's Policies
Saturday, March 8, 2025 - 10:00am | 659Disgraced cryptocurrency mogul Sam Bankman-Fried weighed in on the future of digital assets under President Donald Trump’s administration, according to an interview from his prison released Thursday. What Happened: In an interview with popular media personality Tucker Carlson, Bankman-...