Author: admin

A Social Security Administration office in Washington, D.C., on March 26. The Department of Government Efficiency (DOGE) is reportedly aiming to reform and downsize the agency.Saul Loeb | Afp | Getty ImagesThe Social Security Administration is under new leadership, after financial services executive Frank Bisignano was sworn in as commissioner this week.Bisignano’s confirmation follows a host of changes at the federal agency during the first 100 days of the Trump administration, many of them through the Department of Government Efficiency.For the approximate 73 million beneficiaries who rely on monthly Social Security checks, those changes may affect how they receive services…

Bitcoin delivered extreme volatility this week, with its price swinging sharply. It dropped from $97,000 to $93,000 before surging to $102,000 and climbing. What’s driving the wild movement? Vibes are strong. The U.S. Senate failed to advance the GENIUS Act, a stablecoin regulation bill, after Democrats withdrew support over concerns about President Trump’s family’s crypto business ties. The measure initially received bipartisan backing, but fell short in a 48-49 vote as all Democrats and two Republicans, Rand Paul and Josh Hawley, opposed it. Tensions escalated following reports of a $2 billion investment from an Abu Dhabi-backed firm in World Liberty…

GUANGZHOU: France’s mixed relay team competes in the 4x400m heat of the World Athletics Relays on Saturday.—AFP GUANGZHOU: Italy, Canada and Jamaica reached the mixed 4×100 metres relay final in the event’s global debut while heavyweights the United States experienced mixed fortunes on a dramatic opening day at the World Athletics Relays on Saturday. Victory in 41.15 seconds in the first heat amid challenging conditions in the southern Chinese city of Guangzhou following a spell of rain earned the Italians a place in the medal round to be held on Sunday. They will be joined by France, who finished second…

Coinbase (COIN) has its own strategy for BTC on the corporate balance sheet, but it’s not a bitcoin maximalist play like that of Michael Saylor’s Strategy (MSTR). On the company’s first quarter 2025 earnings call, CFO Alesia Haas revealed that Coinbase purchased $150 million in crypto, “predominantly bitcoin,” bringing its long-term investment portfolio to $1.3 billion, or 25% of net cash. Haas, however, went out of her way to draw a line between Coinbase and firms that explicitly tie their corporate identity to holding bitcoin on the balance sheet. “To be clear, we’re an operating company,” she said. “But we…

Amid signs of improvement in the global trade situation, Bitcoin just hit $100,000 again. Gains for Bitcoin could be fleeting if there is not substantial improvement in the overall macroeconomic outlook. If history is any guide, Bitcoin could be nearing the end of the bullish phase of its four-year cycle. 10 stocks we like better than Bitcoin › On news of positive developments on the global trade front, Bitcoin (CRYPTO: BTC) once again regained the $100,000 price level. The euphoria in the crypto market was palpable, and just about every top cryptocurrency moved higher as soon as the first trade…

U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025.Leah Millis | ReutersAs negotiations ramp up for President Donald Trump’s tax agenda, there are key issues to watch, according to policy experts.   The House Ways and Means Committee, which oversees taxes, released a preliminary partial text of its portion of the bill on Friday evening. However, the bill could change significantly before the final vote. The full committee will debate and advance this legislation on Tuesday.With control of the White House and both chambers of Congress, Republican…

Bitcoin pushed past the six-figure mark for the first time in over two months, coming within a hair of $104,000 in early Asian hours Saturday, as crypto markets staged a sharp rebound on improving macro sentiment and Ethereum’s latest network upgrade. Dogecoin (DOGE) led altcoin gains with a 10% rally, while ether (ETH) rose 3.5% following the successful implementation of its long-awaited Pectra upgrade, bringing weekly gains over 30%.Other majors including Solana (SOL), Cardano (ADA), xrp (XRP) and BNB Chain’s BNB rose between 2-6%, driven by a shift in investor sentiment from caution to risk-on. The move follows a string…

Kaia Matheny (left) and Nora Lamphiear (right), co-owners of Adrift Restaurant in Anacortes, Washington.Kaia Matheny.Anacortes, a small coastal town in Washington state, typically bustles with tourists during the summer months.But local business owners like Kaia Matheny are bracing for less foot traffic — and a financial hit — this year as tensions around trade and concerns about immigration policy push foreigners to reconsider the U.S. as a travel destination.Matheny is the co-owner of Adrift Restaurant, a nautical themed farm-to-table eatery in downtown Anacortes. The town, a gateway to the San Juan islands, is a two-hour drive south of Vancouver.She’s seen…

XRP’s price is up more than 300% during the past six months. The token stands out in a world filled with memecoins and tokens with no real-world usage. XRP’s $135 billion market cap already accounts for a significant amount of future growth. 10 stocks we like better than XRP › It’s been a wild ride for cryptocurrency investors during the past few months — and that’s saying something. Bitcoin surpassed the $100,000 mark, reaching more than $109,000 just 16 years after its creation. While the price has retreated to about $102,000 amid broader uncertainty, investors still appear optimistic that Bitcoin…

The president’s erratic policies are raising concerns the economy might be headed for a downturn, but history suggests that franchise values will continue to climb regardless. When the Boston Red Sox took the field for a belated Opening Day in 2020, there were no fans cheering in the stands, or lined up at the concession stands, or browsing the team shop. The streets around Fenway Park, usually bustling in July, had become a ghost town. That was the norm in Major League Baseball—and countless other sports leagues around the globe—as the Covid-19 pandemic emptied stadiums, canceled games and otherwise decimated…