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Business News

Location American Business News for 7 February 2025
We don't see these items as thesis-changing.
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US should support World Bank and IMF - Bank of England boss Andrew Bailey says he is "following closely" whether Trump will change US support for the institutions.
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Fed Chair Powell to testify to Congress next week, his first appearance since July Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day.
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Binance CEO highlights institutional role in driving Bitcoin adoption Binance CEO Richard Teng emphasized the role of institutional investors and evolving regulations in making crypto an essential part of the financial system.
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BlackRock increases stake in Michael Saylor's Strategy to 5% BlackRock's investment comes a day after the world's largest corporate Bitcoin holder rebranded from MicroStrategy to Strategy.
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Here's why New Yorkers can't buy wine in grocery stores, bodegas -- even though they want to An eye-popping 83% of New York City voters said they support allowing supermarkets to sell wine -- as do 78% of all residents statewide, according to a new poll.
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Feds will soon loosen tough stance on digital assets as Trump embraces crypto JPMorgan and Bank of America expect to be providing even basic services to crypto clients such as holding digital assets in custody, even buying bitcoin exchange-traded funds at their branches.
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SEC acknowledges Grayscale Solana ETF filing in 'notable' step It's one more development reflecting a change in approach from the US Securities and Exchange Commission toward crypto.
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Elon Musk and the Rise of DOGE: Is AI and Blockchain Set to Rewrite Federal Spending? Over the past week, there has been a significant amount of controversy directed at the newly established Department of Government Efficiency (DOGE). Although opinions remain divided regarding its operations, artificial i...
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The chicken-raising facility in western Ohio was licensed to house about 280,000 young hens. The destruction came amid egg shortages linked to an avian influenza outbreak.
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North Korean soldiers had been missing from combat, fueling speculation they were pulled back after taking heavy losses.
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These Vistaprint voucher codes will help you cut your cost in half for new invitations, office supplies, and more.
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By showing a more detailed version of the chain of thought of o3-mini, OpenAI is closing the gap with DeepSeek-R1.
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Several beauty stocks tanked this week, as companies like E.l.f. Beauty and Estee Lauder reported disappointing earnings and cut guidance.
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Trump, and home buyers, could get their wish for lower mortgage rates -- if markets cooperate The president's focus on the 10-year Treasury yield is part of Trump's efforts to bring down mortgage rates, a promise during his campaign.
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Strategic Bitcoin Reserve Legislation Gains Momentum in 15 States A growing number of U.S. states are actively pursuing legislation to establish strategic bitcoin reserves, signaling increasing interest in cryptocurrency as a financial asset. Strategic Bitcoin Reserves: A Look at 15 St...
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Pappy the BiPedal Poodle Will Walk You Into the Weekend NBC Chicago recently had a special guest come on set to make an attempt at a world record. Pappy the Poodle, who can be bipedal, paid a visit to the NBC owned station, which doesn't sound all that newsworthy, except late...
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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel President Trump supports the Japanese company's taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
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Trump says he'll roll out reciprocal tariffs next week. Here are his possible targets. President Donald Trump on Friday said his administration would soon have an announcement about reciprocal tariffs. Peter Navarro, a longtime adviser to the president, has a target list for him.
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Lawsuits over security concerns with DOGE are piling up

American Banker - 7 Feb 2025 23:01
Lawsuits over security concerns with DOGE are piling up Courts are litigating the question of whether Elon Musk has the authority to assign DOGE employees to positions that grant them access to sensitive data.
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The 2025 awards season is underway. We'll show you where to watch the Critics Choice Awards at home.
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From a viral stunt to chilled face rollers, Coors Light has been laying the groundwork for its "Case of the Mondays" Super Bowl campaign for weeks.
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