Business

Tech billionaire Trump adviser Marc Andreesen says universities will ‘pay the price’ for DEI  The Washington Post Source link

Wall Street may be enabling Trump tariffs  Axios Only the markets can stop Trump’s tariff regime now  Axios Market tolerance could embolden Trump to hold firm on tariffs, says Wolfe  Investing.com Trump’s 15-20% Tariff Plan Sends Markets into Speculation  AInvest “America First” is now “Trump First”  Hinrich Foundation Source link

ATLANTA (AP) — A prominent Georgia Republican accused of running a $140 million Ponzi scheme publicly apologized on Friday as a federal judge ordered his assets frozen and appointed a receiver to try to recover cash for investors. Brant Frost IV said in a statement issued through his lawyers that he “would like to apologize personally to those I have …

Investors Get New Breaks on Capital-Gains Taxes in Trump Law  The Wall Street Journal Trump’s megabill boosts M&A outlook after slump  CFO Dive 10 Crazy Comparisons Showing How Much Trump and Congress Just Cut Taxes for the Rich  itep.org America’s 25 Year Tax Cutting and Fiscal Train Wreck  Counterpunch Time to Say It Out Loud: Trump Tax Cuts Worked  RealClearMarkets Source link

PARIS (AP) — French prosecutors have launched a police investigation into alleged data tampering and fraud involving X, Elon Musk’s social media platform. The Paris prosecutor’s office, in a statement Friday, announced the opening of the investigation, and said that a branch of the French gendarmerie is conducting the inquiry. The investigation is looking into two alleged offenses “in particular” …

This week, bitcoin hit a new all-time-high (above $118K) on the back of strong ETF flows and at least $280 million in new bitcoin treasury investments. Treasury projects are also cropping up for Ethereum and Solana. Notably, Joseph Lubin’s SharpLink ETH treasury bought 10,000 ETH for that project, and Bitmine announced plans to raise $2 billion for more ETH buying. …

OpenAI’s deal to buy Windsurf is off, and Google will instead hire Windsurf CEO Varun Mohan, cofounder Douglas Chen, and some of Windsurf’s R&D employees and bring them onto the Google DeepMind team, Google and Windsurf announced Friday. Mohan and the Windsurf employees will focus on agentic coding efforts at Google DeepMind and work largely on Gemini. Google will not …

S.E.C. Accuses Prominent Georgia Republican of Running Ponzi Scheme  The New York Times SEC accuses GOP-linked Georgia lender of $140M Ponzi scheme  AJC.com Georgia Republican apologizes for $140M Ponzi scheme as judge freezes assets  AP News Georgia man accused by SEC of perpetrating Ponzi scheme says he takes ‘full responsibility’ for his actions  Fox News SEC charges Georgia lending firm in $140M Ponzi scheme  FOX …

By GERMANIA RODRIGUEZ POLEO, CHIEF U.S. REPORTER Published: 19:26, 11 July 2025 | Updated: 20:37, 11 July 2025 The Pentagon has sparked fears of an upcoming World War after it bought $400million in rare earth materials stock that are key to military weapons. The purchase means the Defense Department will now be the largest shareholder in MP Materials, America’s only …

Key takeaways BNB chain burnt 1.59 million tokens and has removed over 30% of the supply since 2022. But is it enough to push the BNB price to $800?  BNB chain has burned 1,595,599.78 Binance [BNB] tokens worth $1 billion as part of its quarterly disinflation program.  Per the network, this was the 32nd burn, and over 60.7 million tokens …