Trump Media and Technology Group, the social media company owned by President Trump, said it has bought about $2 billion in bitcoin and related securities as it remodels itself as an investment firm. Trump Media, which owns the Truth Social app, announced in May that it planned to raise $2.5 billion to buy bitcoin, with…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
President Donald Trump broke his silence one day after reports of a clash between U.S. Attorney General Pam Bondi and FBI Deputy Director Dan Bongino about the release of a memo regarding Jeffrey Epstein, which prompted conservatives on social media to call for the president to fire her. In a lengthy Truth Social post on…
President Donald Trump wrote in a social media post on Saturday that he is giving “serious consideration” to taking away U.S. citizenship from comedian Rosie O’Donnell, extending his long-running personal attacks against the American-born celebrity. In his Truth Social post, the president wrote that O’Donnell “is not in the best interests of our Great Country.”…
US stocks fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies. The S&P 500 (^GSPC) fell 0.4%, while the tech-heavy Nasdaq Composite (^IXIC) dropped 0.3% after the two indexes rose to eke out record highs on Thursday. The Dow Jones Industrial…
On News at 7, this 8th of July, Jamshed Qamar Siddiqui brings to you the day’s most crucial headlines. U.S President Donald Trump, with the backing of the White House has accused the BRICS bloc of undermining U.S interests following their Rio summit exapansions. Donald Trump has announced new tariffs set at 25% to 40%…
By Adeola Adeosun is the Newsweek Weekend Night Editor based in Atlanta, Georgia. Her focus is reporting on U.S. national news, politics and trends. Adeola joined Newsweek in 2024 and has previously worked for CNN, Bossip, and The Messenger. You can get in touch with Adeola by emailing a.adeosun@newsweek.com. Languages: English. Adeola Adeosun Weekend Night…
US President Donald Trump’s declaration on Tuesday that China “can now continue” to buy Iranian oil did not signal a change in Washington’s policy on banning such trade, the White House said. Trump’s earlier comments about the China-Iran oil trade were made to highlight the continuation of traffic through the Strait of Hormuz, a critical…
US President Donald Trump has again rattled global investment markets, this time with his threats to interfere with the independence of America’s central bank. The president has ramped up his war with the US Federal Reserve, calling chair Jerome Powell a “major loser” and demanding interest rates be cut immediately, in a re-run of his…
Hello readers! Volatility across financial markets jumped on Friday, with Wall Street’s top ‘fear gauge’ soaring to an eight-month high while other market indicators showed growing investor concerns about the ripple effect of President Donald Trump’s sweeping levies. Meanwhile Trump said that big business is not worried about tariffs because they know they are here…