US markets tumble as Trump revives tariff-based strategy
Over $3.6 trillion in market value has been erased since Trump returned to office, as confidence in U.S. economic leadership begins to falter....
Tag : trump administration
Swiss banks benefit from wave of US wealth transfers
Wealthy Americans are increasingly turning to Swiss banks for asset security amid political and economic volatility in the United States....
Regulatory clarity drives institutional crypto ETF adoption
U.S. advisors are set to boost crypto ETF exposure as regulatory clarity grows and reputational concerns fade, according to TMX VettaFi survey findings....
Robinhood crypto case dismissed as SEC scales back enforcement
The SEC has ended its investigation into Robinhood’s crypto unit with no enforcement action, signaling a potential regulatory shift under the Trump administration....
Cyber and Emerging Technologies Unit replaces SEC’s crypto squad
The SEC has renamed and downsized its crypto enforcement unit, shifting focus to emerging technologies, cybersecurity, and AI under the leadership of Acting Chairman Mark...
Trump moves to eliminate penny, citing millions in taxpayer losses
Trump directs Treasury to halt penny production, citing high costs. The U.S. Mint loses millions annually, fueling debate over the coin's future amid rising metal...
Banks to enter crypto sector as FDIC relaxes regulatory stance
The Trump administration is moving to allow banks to offer crypto services, with the FDIC revising guidelines to open the sector to traditional financial institutions....
Trump targets China, EU, and Canada in fresh tariff threats
Trade tensions rise as Trump considers tariffs on China and the EU. Canada warns of countermeasures, while China calls for cooperative solutions to trade disputes....
Tesla’s stock falls 7% after missing quarterly and annual delivery estimates
Tesla reports its first annual decline in deliveries, falling short of forecasts, as competition intensifies and Cybertruck demand struggles amid price cuts and incentives....
Dollar strengthens in 2024 as markets brace for cautious Fed policies
The U.S. dollar posted strong gains in 2024, boosted by higher Treasury yields and a cautious Fed policy outlook, while markets braced for economic shifts...