Melania Trump launches cryptocurrency ahead of Donald Trump’s inauguration

Melania Meme price on ape.pro website is displayed on a mobile phone with official melaniameme.com website in the background for illustration photo.  Beata Zawrzel | Nurphoto | Getty Images Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday. In … Read more

A weakening yuan tests Beijing’s resolve as Trump tariff threats loom

YINAN, CHINA – DECEMBER 26 2024: A worker counts RMB banknotes during a gathering to distribute the yearly dividend to members of an agricultural co-operative in Yinan county in east China’s Shandong province Thursday, Dec. 26, 2024.  Wang Yanbing | Future Publishing | Getty Images The Chinese yuan is widely expected to depreciate against an … Read more

How Trump could declare a national energy emergency

President-elect Donald Trump has vowed to declare a national energy emergency as soon as he takes office Monday, months after promising voters that he would cut their electric and gasoline prices in half in the first year of his administration.  “To achieve this rapid reduction in energy costs, I will declare a national emergency to … Read more

Bitcoin gains as Trump reportedly plans crypto executive order

Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could soon release an executive order making crypto a national priority. The price of the flagship cryptocurrency was last higher by more than 4% at $104,672.37, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, was … Read more

Vanguard to pay over $100 million by SEC in violations target date retirement funds

The logo for the Vanguard Group is shown on correspondence in Zelienople, Pa. Keith Srakocic | AP Asset management giant Vanguard has agreed to pay more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change … Read more

Bank of America (BAC) earnings Q4 2024

Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. Here’s what the company reported: Earnings: 82 cents vs. 77 cents expected, according to LSEG Revenue: $25.5 billion vs. $25.19 billion expected The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 … Read more

Citigroup (C) earnings Q4 2024 beat

Citigroup shares jumped Wednesday after fourth-quarter earnings beat estimates on the top and bottom lines, reflecting broad strength across the bank. “2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses. Our net income was up nearly 40% to $12.7 billion and we … Read more

CPI inflation December 2024:

Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation, particularly on housing. The consumer price index increased a seasonally adjusted 0.4% on the month, putting the 12-month inflation rate at 2.9%, the Bureau of Labor Statistics reported Wednesday. … Read more

Bitcoin swings back above $96,000, in stunning reversal, as light inflation data stokes risk appetite

Jonathan Raa | Nurphoto | Getty Images Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading. On Tuesday the price of the flagship cryptocurrency rose 3% to $96,452.34, according to Coin Metrics, after sliding below the $90,000 support level to start the week. The broader crypto market, as … Read more

JPMorgan Chase COO Daniel Pinto stepping down in June

Daniel Pinto, president and chief operating officer of JPMorgan Chase, speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024. Saul Loeb | AFP | Getty Images JPMorgan Chase said Tuesday that Chief Operating Officer and President Daniel Pinto will step down from those roles in the coming months, setting … Read more