Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has named Elon Musk and Vivek Ramaswamy to lead a “department of government efficiency”, giving the two private-sector entrepreneurs charge of a promised effort to slash rules, bureaucracy and spending throughout
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Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Mike Scarchilli (00:05):Hi everyone and welcome to the Bomb Buyer Podcast, your trusted source for insights into the world of municipal finance. I’m Mike Scarchilli, editor-in-Chief of the
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world JD Vance, now America’s vice-president elect, last month said that the second-most important figure in Donald Trump’s administration would be his attorney-general. Nobody, least of all the incoming number two, ever said that
President-elect Donald Trump during an Economic Club of New York event in New York, US, on Sept. 5, 2024.Bloomberg News A second Trump administration is expected to make some changes, whether big or small to the state and local tax deduction, an issue Trump campaigned on and that has been talked about within the context
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is closing in on top picks for his foreign policy team, planning to tap Florida congressman Mike Waltz as his national security adviser and to nominate Florida senator Marco Rubio to
<img src=”https://public.flourish.studio/visualisation/20209026/thumbnail” width=”100%” alt=”chart visualization” /> Election uncertainty and Fed rate cuts have led tax-exempt and taxable money market funds to reach 2024 highs as more market participants have taken a defensive position. As more market stability comes and rates fall, investors may move some of these funds back into fixed income markets, sources say.
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The annual UN climate COP conference has begun in Azerbaijan’s capital of Baku beneath a menacing cloud. Once again, the world’s richest country will be led by a leader actively opposed to fixing
The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said on CNBC’s “Squawk Box”
CryptoQuant CEO Ki Young Ju says Bitcoin may end the year under $59,000, citing an overheated futures market as one of the primary reasons for an end-of-year tumble. In a Nov. 9 post to X, Ki said he expects Bitcoin to close the year at $58,974 and asked others to speculate on the yearly close,
Crypto traders betting on a market drop were hit with major liquidations as Bitcoin surged to an all-time high above $81,000, causing widespread losses in short positions. CoinGlass data showed that in the last 12 hours, about $180 million in short positions were liquidated across the crypto market. Bitcoin (BTC) has continued to rally in
Bitcoin will gain political importance following Donald Trump and the Republicans’ United States election wins — and investors who don’t own the cryptocurrency can no longer ignore it, according to the New York Digital Investment Group (NYDIG). “While some investors have allocated to Bitcoin, the most common allocation for investors is still zero. There are
The FTX bankruptcy estate continues to pursue lawsuits against cryptocurrency companies as part of its ongoing bankruptcy proceedings. A group of firms involved in the FTX bankruptcy proceedings initiated a lawsuit against cryptocurrency exchange Binance, seeking to recover $1.8 billion, according to a complaint filed on Nov. 10. In the filing, the plaintiffs argued that
Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election. According to CoinMarketCap, the market cap of Ether (ETH) now stands at around $383 billion, up almost 5% in 24 hours, putting it
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Years ago, a well-known Silicon Valley billionaire told me something I’ll never forget: “China is an autocracy, Europe is a technocracy and America is a company.” That statement has never felt truer to
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Bitcoin has hit $80,000 for the first time as Donald Trump recorded victories in Nevada and Arizona in the US election, marking a clean sweep of the seven swing states for the president-elect
Parade attendees wave Puerto Rican flags on Fifth Avenue in Manhattan during the annual Puerto Rico Day Parade. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty Images Young adults in Puerto Rico are on shaky financial ground, a study finds. About 47% of respondents in the U.S. territory are
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Qatar said its efforts to mediate a ceasefire and hostage deal between Israel and Hamas had “stalled” in a sign of the Gulf state’s mounting frustration with the warring parties’ failure to agree to end
Current and former policymakers are warning that any attempt by Donald Trump to undermine the independence of the Federal Reserve in his second term as US president would destabilise the world’s largest economy and global financial markets. In his first presidency, Trump turned on Jay Powell, who he nominated in 2017 to lead the US
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is considering tapping North Dakota’s Doug Burgum to be his new “energy tsar”, which would give the oil state’s governor sweeping power to slash environmental regulations and boost US fossil fuels
Election workers sort mail-in ballots Tuesday in Martinez, California.Bloomberg News California voters were friendly to municipal bonds in Tuesday’s election, with a few notable exceptions. The state’s voters passed two separate $10 billion state bond measures and put their stamp of approval on at least $42.8 billion of local school general obligation bonds. Tuesday’s ballot
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