The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt during the early months of his administration. Read More
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In China, a man identified as Zhang landed in court after spending 20,000 yuan (approximately Rs 2.3 lakh) on registration fees to join a “self-discipline challenge.” Zhang failed three times, aiming for the grand prize of 860,000 yuan (around Rs 1.1 crore), leaving him disheartened and financially strained. The “self-discipline challenge,” organized by Xian Mulin…
(Reuters) -Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve. , the world’s biggest and best known cryptocurrency, hit a high of $106,533 and last traded…
FOX Business host Larry Kudlow shares his take on the congressional spending bill debate and what it means for the incoming GOP majority on ‘Kudlow.’ A lesson for the GOP: Simplify, simplify, simplify — and that’s the subject of the riff. The most important thing I’ve seen from all this year-end congressional spending drama and…
WASHINGTON–(BUSINESS WIRE)–D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Verisk (Nasdaq: NASDAQ:), a leading global data analytics and technology provider, on the sale of its Atmospheric and Environmental Research (AER) business to JANUS Research Group (JANUS). JANUS is a portfolio company of CM Equity Partners. This press release features…
Federal Reserve Chair Jerome Powell surprised markets on Wednesday evening.Jacquelyn Martin/AP The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling. Many analysts see the reaction as overdone. The Federal Reserve cut its benchmark interest rate…