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London CNN  —  President Donald Trump might want a new, “America First” world, but in the race to control inflation the United States may actually come last. That’s because, while his tariff hikes are widely expected to jack up prices at home, they could lower inflation across the pond. The reasons are multiple, ranging from a possible influx of low-priced Chinese exports into Europe to the recent rise in the value of the euro. Aside from the benefit to consumers’ pockets, lower inflation will give European policymakers room to cut interest rates if the economy needs a helping hand —…

Morgan Stanley, one of the world’s largest investment banks, plans to introduce crypto trading on its consumer platform in the latest move by a traditional financial institution to capitalize on President Donald Trump’s deregulation of the crypto industry. The banking giant plans to allow its customers to buy and sell crypto on its subsidiary, E*Trade, starting sometime next year, according to a Bloomberg report, citing “people familiar with the matter.” In order to establish and maintain the complex mechanisms needed to trade crypto, the company is reportedly considering partnering with one or more established crypto firms, according to the report.…

MADRID: Reigning Madrid Open champion Iga Swiatek suffered a crushing semi-final defeat by Coco Gauff on Thursday, with the American triumphing 6-1, 6-1. The Polish world number two and five-time Grand Slam winner could not force a single bre­ak point and dropped serve five times as she fell in 64 minutes. Swiatek, usually excellent on clay, has struggled during her Madrid title defence. She dropped sets against Alexandra Eala and Diana Shnaider, and then was dealt a bagel by Madison Keys in just 24 minutes on Wednesday. However, the 23-year-old Pole bounced back strongly to defeat the American, but came…

Second, as he was explaining the services of Unchained and how they openly work with your financial advisors — legal, tax, planning, estate — to create sound structures and procedures, he said it’s like building your own “personal Fort Knox.” The third highlight with Trey is how he has adapted the FIRE concept of “Financial Independence, Retire Early” to the ultimate freedom asset. You can jump right into the podcast linked above and hear Trey’s story in his own words, but be sure to come back to this article as I have some goodies for you. Millions of Stories, Only…

London CNN  —  President Donald Trump’s unpredictable tariff policy and countermeasures by America’s trading partners will likely deal a heavy blow to economies worldwide, with US prosperity hit particularly hard, the International Monetary Fund warned Tuesday. Global economic growth will slow to 2.8% this year, from 3.3% last year and significantly below the historical average, the IMF forecast in its World Economic Outlook report. The slowdown expected in the United States is even steeper, with its economy likely to grow only 1.8% in 2025, compared with a 2.8% expansion in 2024. Both predictions are more pessimistic than the fund’s January…

What may or may not have been a blow-off top last week in the price of gold appears to have benefitted bitcoin (BTC) and that trend could be set to continue. Already among the best-performing global assets in recent months, gold’s rally powered to new heights in the weeks following President Trump’s Liberation Day tariffs in early April. The price ultimately peaked above $3,500 per ounce on April 21, with bitcoin at the time changing hands at $87,000 — roughly flat from Liberation Day, but lower by about 20% from its record high hit in January. Since, though, gold has…

New York CNN  —  Many Americans might not have felt major effects from President Donald Trump’s sweeping tariffs – until now. That’s because a major shipping loophole expired at one minute past midnight on Friday. The de minimis exemption, as it’s known, allowed shipments of goods worth under $800 to come into the US duty free, often more or less skipping time-consuming inspections and paperwork. The loophole helped reshape the way countless Americans shop, allowing ultra-low-cost Chinese e-commerce sites like Shein, Temu and AliExpress to pour everything from yarn to patio furniture, clothes to photography equipment and more into US…

Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) reported a first-quarter 2025 loss of $16.49 after posting a $5.9 billion writedown on its bitcoin stack thanks to a sizable decline in the price of BTC during the year’s first three months. Led by Executive Chairman Michael Saylor, the company, though, shows no signs of slowing its pace of bitcoin acquisitions. Having used up nearly all of its previous $21 billion common stock offering with its most recent BTC buys last week, the company alongside earnings announced a fresh $21 billion at-the-market offering. Turning to…

(Bloomberg) — Last year on the campaign trail, Donald Trump promised to be a champion of the Bitcoin mining industry in the US. Yet as American crypto miners begin to release their first quarterly earnings reports since Trump returned to the White House, it’s clear the group is struggling. Most Read from Bloomberg Seven of the eight biggest publicly traded miners that are based in the US are expected to post a loss when they report first-quarter results, according to analysts’ estimates compiled by Bloomberg. The financial struggles come even after Bitcoin reached a record above $109,000 in January, and…

On May 1, Bitcoin’s price exceeded $97,000 after a lull of more than two months. Nonetheless, the value of Bitcoin is still 10% lower than the all-time high (ATH) of $108,786 that the asset hit on Jan. 20. Donald Trump assumed the office of the U.S. President for the second time on the same day. A shift toward a pro-crypto policy was a significant plank in Trump’s 2024 presidential campaign. Once he won the election on Nov. 5, 2024, Bitcoin began rallying and hit its record high on the inauguration day. Trump geared toward an aggressively pro-crypto policy once he assumed office and signed…