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The move comes after Anthropic denied access to Claude, its ts trademark AI model, for advanced military and surveillance applications. Trump stated that there will be a six-month phase-out period, and threatened to use the “full power of the Presidency” to force compliance. President Trump Directs Federal Agencies to Cease Using Anthropic’s Tech After the … Read more
Early discussions inside President Donald Trump’s “Board of Peace” are exploring whether a U.S. dollar-pegged stablecoin could help reboot Gaza’s shattered economy through digital payments. The Financial Times (FT) first reported on the news that Trump’s U.S.-led Board of Peace — the body overseeing Gaza’s postwar reconstruction — is weighing the creation of a dollar-backed … Read more
U.S. markets slid sharply on Monday as President Donald Trump’s new 15% global tariff and intensifying artificial intelligence (AI) disruption fears rattled investors, dragging down stocks and crypto while gold and silver climbed on safe-haven demand. AI Disruption and Trade Tensions Roil Markets Wall Street opened the week in retreat. The Dow Jones Industrial Average … Read more
While President Trump invoked a new round of tariffs under the authority of Section 122 of the Trade Act of 1974, analysts and experts say the conditions for invoking them are not met and that the matter is likely to return to the Supreme Court. Analysts: Trump’s New Tariff Regime Might Also Be Considered Illegal … Read more
All eyes are fixed on President Trump’s next move after the Supreme Court ruled he lacked authority under the 1977 International Emergency Economic Powers Act (IEEPA) to slap sweeping “emergency” tariffs on nearly all imports. Now, prediction markets reveal bettors tossing down stacks, wagering on what comes next in this high-stakes political sequel. Markets Bet … Read more
Wall Street shook off weak growth data and staged a late-day rally Friday after the Supreme Court struck down President Donald Trump’s sweeping emergency tariffs, sending the Dow, Nasdaq and S&P 500 solidly higher by the closing bell. Supreme Court Ruling Sparks Relief Rally Across Retail and Industrials U.S. equity markets closed at 4 p.m. … Read more
The U.S. Supreme Court ruled that the sweeping tariffs levied by President Donald Trump under the International Emergency Economic Powers Act (IEEPA) were illegal, as the President exceeded the law’s authority. In a dissenting opinion, Justice Kavanaugh stated that refunding these tariffs would be “a mess.” US Supreme Court Rules Trump Had No Authority To … Read more
Prediction markets more than doubled the odds of confirming alien life as real after Trump directed his administration to identify and release files related to the alien and UAP phenomena. The move comes after former President Obama stated that aliens were real. Polymarket Traders React to Trump’s Call for Alien and UAP Disclosure Aliens might … Read more
On Feb. 18, Donald Trump Jr. defended his family’s pivot to cryptocurrency, describing it as a survival tactic against a “Ponzi scheme” banking system that had deplatformed them. Mounting Political Scrutiny Donald Trump Jr. issued a defiant defense of his family’s digital asset ventures on Wednesday, Feb. 18, characterizing their pivot to cryptocurrency as a … Read more
Proposed U.S. tariffs tied to Iran-linked trade could ripple through global supply chains, lifting import costs and worsening household affordability as China’s central role magnifies indirect exposure under President Trump’s evolving sanctions strategy. Schiff Warns Iran-Linked Tariffs Could Push Prices Higher Economist and gold advocate Peter Schiff shared on social media platform X on Feb. … Read more