Trump eyeing executive order to allow crypto, gold, and private equity in 401(k) retirement plans: report The Block Private Assets May Soon Be an Option in 401(k)s. Should You Invest? Bloomberg Donald Trump set to open US retirement market to crypto investments Financial Times These stocks could benefit if Trump expands private markets access in 401(k) plans, analysts say CNBC Exclusive | Trump Executive …
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Gov. DeSantis blindsided Florida county officials with ‘Alligator Alcatraz’ plans, emails show
TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis’ administration left many local officials in the dark about the immigration detention center that rose from an isolated airstrip in the Everglades, emails obtained by The Associated Press show, while relying on an executive order to seize the land, hire contractors and bypass laws and regulations. The emails show that local officials …
Read More »AG Pam Bondi in San Francisco visiting Alcatraz to announce Trump admin’s reopening plans as Nancy Pelosi blasts ‘stupidest’ idea
SAN FRANCISCO — U.S. Attorney General Pam Bondi and Interior Secretary Doug Burgum are in San Francisco visiting Alcatraz Thursday morning and are expected to announce plans to reopen the federal penitentiary. Back in May, President Trump started talking about reopening the site as a federal prison. Congress is expected to introduce a bill to end environmental protections for Alcatraz …
Read More »Trump denies plans to fire Fed Chair Powell
U.S. Treasury yields moved higher on Wednesday after President Donald Trump shut down speculation that he’s planning to fire Federal Reserve Chair Jerome Powell imminently. At 4:09 a.m. ET, the 10-year Treasury yield was up 2 basis points to 4.479%. Similarly, the 2-year yield rose 2 basis points to 3.91%. The 30-year note was over 2 basis points higher, yielding 5.03%. One …
Read More »Bradley Beal, Suns agree to contract buyout; guard plans to join Clippers: Sources
Bradley Beal’s time in Phoenix is over. The veteran guard and the Suns agreed Wednesday to a buyout of Beal’s contract, making him a free agent, and he will sign a two-year, $11 million contract with the LA Clippers once he clears waivers, league sources tell The Athletic. Beal, 32, will give back $13.8 million of the $110.8 million the …
Read More »Vance Boelter plans to plead not guilty to charges in shootings of Minnesota lawmakers
Alleged political assassin Vance Boelter is expected to plead not guilty at a future court appearance following a grand jury indictment accusing him of stalking and shooting two Minnesota lawmakers and their families last month, according to his attorney. Manny Atwal, Boelter’s federal defender, told the Minnesota Star Tribune that the defense anticipates pleading not guilty at an arraignment hearing …
Read More »Trump order to help open up retirement plans to private markets, WSJ reports – Reuters
Trump order to help open up retirement plans to private markets, WSJ reports Reuters Trump reportedly plans order to open 401(k)s to private markets: What it means for your retirement Fox Business Elizabeth Warren pushes back on plan to get private equity into 401(k)s CNN Trump to allow 401(k)s to invest in private equity: report New York Post Exclusive | Trump Executive Order to …
Read More »Faced with geopolitics and trade war, US companies in China report record-low new investment plans
WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s tariffs have become their top concerns, according to a business survey released Wednesday. The companies are also challenged by China’s slowing economy, where weak domestic demand and overcapacity in local …
Read More »Dollar drops in choppy trading as Trump denies plans to fire Fed's Powell – Reuters
Dollar drops in choppy trading as Trump denies plans to fire Fed’s Powell Reuters Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It. The New York Times Dow adds 200 points, S&P 500 rises in volatile trading as Trump denies he’s firing Powell: Live updates CNBC How Trump could use a building renovation to oust …
Read More »Westinghouse plans to build 10 large nuclear reactors in U.S., interim CEO tells Trump
Plant Vogtle Nuclear Power Plant in Waynesboro, GA, August 15, 2024. Van Applegate | CNBC Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, …
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