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Business News

Location American Business News for 20 January 2025

Oil Higher Amid Supply Disruption Concerns

Wall Street Journal - 20 Jan 2025 02:47
Oil was higher in early Asian trading on renewed prospects of supply disruptions, ANZ said.
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Trump Inherits Biden's Economic Time Bomb: Debt Crisis, Inflation, and Global Tensions Await With Donald Trump stepping into the role of Commander in Chief on Monday, the newly established Republican administration faces an array of pressing challenges following the profound economic damage wrought under Joe Bid...
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Trump meme coin surges to nearly $11B in value as president-elect prepares to take oath of office The meteoric rise in the digital currency's value coincided with Bitcoin's record-setting high.
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Amazon suspends commercial drone deliveries in Texas, Arizona after two crashes in rainy weather Amazon's MK30 drones had been delivering packages in College Station, Texas, and Tolleson, Ariz. after the company won FAA approval in October.
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Elon Musk had a pre-inauguration meeting with China, lining him up as a Trump-Beijing intermediary Trump advisor Elon Musk has longstanding business ties in China.
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Official Trump Meme Coin Stumbles as MELANIA Token Sparks Attention Following the unveiling of the melania meme (MELANIA) token, her husband's meme coin has experienced a pronounced decline, now trading 34% below its peak valuation of $73.43 per coin. Launched on Friday, the TRUMP token ...
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Nikkei Up 0.9%, Led by Electronics, Pharma Stocks

Wall Street Journal - 20 Jan 2025 02:39
Japanese stocks were higher in early trade as a weak yen raises hopes for earnings growth.
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Gold Edges Lower on Possible Technical Correction

Wall Street Journal - 20 Jan 2025 02:08
Gold edged lower on a possible technical correction in the early morning Asian session after front-month gold futures settled 1.3% higher on Friday.
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Hedge-Fund Fees Eat Up Half of Clients' Profits

Wall Street Journal - 20 Jan 2025 02:01
Investors in hedge funds often gripe about high fees. A new report puts the problem in sharp relief.
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Photos show the biggest moments from Donald Trump's inauguration President Donald Trump and Vice President JD Vance were sworn in on January 20. Photos of Inauguration Day show the biggest moments from the event.
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Coinbase Solana transactions delayed amid memecoin frenzy Some Coinbase users report Solana transfers taking hours to clear on the crypto exchange.
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Details you may have missed at Donald Trump's inauguration

Business Insider - 20 Jan 2025 23:38
Details you may have missed at Donald Trump's inauguration President Donald Trump and Vice President JD Vance both used Bibles with sentimental value to take the oath of office.
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What Trump Promised In His Inaugural Speech

Business Insider - 20 Jan 2025 23:34
What Trump Promised In His Inaugural Speech Here are some of the pledges Trump made in his inauguration speech.
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The College Football Playoff National Championship is here, and we'll show you how to watch Ohio State vs. Notre Dame from anywhere.
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Musk Is Likely to Get Office Space in the West Wing

The New York Times - 20 Jan 2025 23:30
Musk Is Likely to Get Office Space in the West Wing The world's richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump.
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Trump Names Caroline Pham as CFTC Acting Chair Amid Sweeping Leadership Shake-Up President Donald Trump has designated Commissioner Caroline Pham as the acting chair of the Commodity Futures Trading Commission (CFTC), heralding a pivotal shift in the leadership of the regulatory institution tasked wi...
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Traders await more Trump-branded memecoins amid torrent of fakes Memecoin traders struggle to sift signal from noise as dozens of imitators launch Trump-themed tokens.
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Traders await more Trump-branded memecoins amid torrent of fakes Memecoin traders struggle to sift signal from noise as dozens of imitators launch Trump-themed tokens.
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Bitcoin traders refuse to YOLO after BTC nearly hits $110K -- Why are they waiting? Bitcoin hit new highs on Jan. 20, but data shows traders are neutral as the market waits to see if a BTC-friendly executive order is issued by President Trump.
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Unlocking Web3 Potential: How Homnifi Drives Accessibility The transformative power of Web3 is reshaping how people interact with digital technologies. By decentralizing control, Web3 opens new possibilities for connectivity, collaboration, and innovation. Yet, the true potentia...
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Walmart facing backlash over DEI policy reversal as shareholders, Dem officials urge them to reconsider Walmart's decision to dial back its diversity, equity and inclusion "DEI" programs was widely celebrated by conservatives, but some shareholders and Democratic officials are pushing back.
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The Machines Arena's Season 3 Amps up the Action

Bitcoin.com - 20 Jan 2025 22:45
The Machines Arena's Season 3 Amps up the Action Season 3 of 'The Machines Arena' has arrived, bringing new heroes, enhanced maps, and thrilling tournaments. Discover why this fast-paced hero shooter is set to dominate the Web3 gaming scene in 2025. The Web3 gaming uni...
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