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The governor submitted her letter of resignation to U.S. President Donald Trump on Friday and will leave the central bank effective Aug. 8. Fed Leadership Shuffle Looms After Surprise Kugler Resignation Federal Reserve Governor Adriana Kugler has parted ways with the central bank just shy of her two-year anniversary with the agency, after handing U.S. … Read more
Twelve days after actress Sydney Sweeney’s denim campaign gave American Eagle Outfitters stock a lift, shares have climbed yet again—this time fueled by U.S. President Donald Trump giving Sweeney’s ad his stamp of approval. American Eagle Stock Pops After Trump Backs Sweeney’s Denim Campaign Sydney Sweeney’s denim ads made waves, sending American Eagle Outfitters stock … Read more
The Wall Street Journal reports that President Donald Trump has allegedly prepared a draft executive order warning banking regulators and financial institutions that they could face disciplinary action if they discriminate against conservatives or crypto companies. An Alleged Executive Order Puts Banks on Notice Over Political, Crypto Bias A Wall Street Journal (WSJ) exclusive report … Read more
The commissioner was fired after a weaker-than-expected July jobs report, which also contained significant downward revisions for the two months prior. McEntarfer Out: Trump Gives the Boot to Labor Statistics Commissioner U.S. President Donald Trump wasted no time firing Bureau of Labor Statistics Commissioner (BLS) Erika McEntarfer on Friday after a disappointing jobs report sent … Read more
Amid the pressure President Trump has been piling on Federal Reserve Chair Jerome Powell, traders are now leaning heavily toward the idea of a small rate trim. CME’s Fedwatch data shows an 85.7% probability that a quarter-point cut is on the horizon, making it the clear favorite in the market’s playbook. Kalshi, Polymarket, and Wall … Read more
On Aug. 1, U.S. stocks lost $1.1 trillion, with the Dow Jones Industrial Average dropping over 500 points (1.2%), the S&P 500 falling 1.6%, and the Nasdaq Composite declining around 2.2%. Disappointing Jobs Report Rouses Fears U.S. stocks lost $1.1 trillion on Friday, Aug. 1, capping a tumultuous day that saw President Donald Trump reportedly … Read more
President Donald Trump finally made tariffs against Brazil official, slapping the South American nation with a 50% levy on imports. In the same way, Trump also announced 35% tariffs on Canada, the U.S.’s second-largest trading partner, while Mexico obtained more time to discuss a better trade agreement. Trump Lashes Out at Brazil and Canada With … Read more
The Trump administration made the claims during a Thursday afternoon briefing hosted by White House Press Secretary Karoline Leavitt. Did Pelosi’s 2024 Stock Returns Beat Every Major Hedge Fund? Former House Speaker and current California Congresswoman Nancy Pelosi’s stock portfolio allegedly outperformed every large hedge fund in 2024 and more than doubled the annual return … Read more
On July 30, 2025, the President’s Working Group on Digital Asset Markets released a detailed fact sheet outlining its vision for establishing the United States as the global leader in digital financial technology. The announcement follows a 160-page report and marks a pivotal moment in the shift from regulatory uncertainty toward coordinated legislative and agency-driven … Read more
U.S. President Donald Trump officially opened the new Trump International Golf Links course in Aberdeen, Scotland, which will host the inaugural Nexo Championship from August 7 to 10, 2025. The event marks a collaboration between digital finance and global golf, with Nexo co-founders Antoni Trenchev and Kosta Kantchev in attendance, alongside Scottish First Minister John … Read more
