WASHINGTON, D.C. – Americans have a message for the penny: Good riddance. Around the country, people of all ages are expressing giddiness, relief ‒ as well as a bit of wistfulness ‒ over President Donald Trump’s plan to direct the Treasury Department to stop minting 1-cent coins. “It’s probably the only good idea…
Producing pennies cost taxpayers more than it’s worth, with each penny costing 3.7 cents to make in 2024. The rising cost of metals like zinc and copper contributed to the increased production cost. Other countries, such as Canada and Australia, have successfully eliminated their lowest denomination coins. The newly established Department of Government Efficiency (DOGE)…
Wall Street opened in the green ahead of Donald Trump’s return to the White House on Monday. President-elect Trump’s inauguration is Monday, and his first days are expected to be filled with a flurry of executive orders on day one. “Reports suggest 100 or more,” wrote Morgan Stanley analysts in a report. Any signals of…
Another day, another rally by mega tech stocks. Shares of iPhone maker Apple, Google-parent Alphabet, electric car maker Tesla and AI-chipmaker Broadcom all rallied to new all-time highs, which helped power the tech-heavy Nasdaq to its own record peak. The Nasdaq closed up 1.24%, or 247.17 points, at a record 20,173.89. The broad S&P 500 index ended up 0.38%,…
In the weeks leading up to Donald Trump‘s second term, it appears that Vice President-elect JD Vance is nowhere in sight. Instead, Elon Musk – the world’s richest person and largest single donor to the Trump re-election campaign – is by Trump’s side at every turn. The pair have been keeping busy since the election….
The price of Bitcoin surpassed $100,000 for the first time Thursday amid expectations that Donald Trump will create a friendly regulatory environment for cryptocurrencies when he heads to the White House next year. The milestone was reached amid Trump’s announcement that he would be nominating Paul Atkins as chair of the Securities and Exchange Commission, who is…
Bitcoin rose above $100,000 for the first time on Thursday. Police are still searching for the suspect in the fatal shooting of the CEO of UnitedHealthcare. Top-seated Kansas was served a loss in men’s college basketball last night. 🙋🏼♀️ I’m Nicole Fallert, Daily Briefing author. Beyoncé is the No. 1 greatest pop star of the 21st century. It’s…
NEW YORK/LONDON, Dec 3 (Reuters) – The Korean won was one of the biggest movers on Tuesday, plunging against the U.S. dollar after South Korea’s president declared martial law in an unannounced late-night address on television. The euro, meanwhile, which has hogged the headlines of late, recovered versus the greenback as political turmoil in France sent traders…
The Bluesky social media platform — an alternative to X, formerly Twitter — has picked up hundreds of thousands of new users since the 2024 presidential election on Nov. 5. Bluesky is designed to feel familiar to X users, with a layout and functionality closely resembling X’s traditional format. People can make posts; share videos;…