In a groundbreaking decision, former President Donald Trump announced the formation of a U.S. Crypto Strategic Reserve, marking a significant shift in the government’s approach to digital assets. […]
Economy
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US Treasury Department says it will not enforce anti-money laundering law
March 2 (Reuters) – The U.S. Treasury Department announced on Sunday that it would not enforce an anti-money laundering law requiring millions of business entities to disclose the […]
Economy
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Treasury Secretary Bessent says Trump tariffs won’t cause inflation to increase
Treasury Secretary Scott Bessent stated on Sunday that President Donald Trump’s proposed tariffs are unlikely to raise inflation significantly. Bessent’s remarks come just two days before the tariffs […]
Economy
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The Trump administration considers excluding government spending from GDP to mask DOGE cut impacts
WEST PALM BEACH, Fla. (AP) — Commerce Secretary Howard Lutnick announced on Sunday that government spending might be separated from gross domestic product (GDP) reports. This comes in […]
Economy
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Trump names cryptocurrencies in strategic reserve; prices spike
WEST PALM BEACH, Florida, March 2 (Reuters) – U.S. President Donald Trump announced the inclusion of five digital assets in a proposed U.S. crypto strategic reserve on Sunday, […]
Economy
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Treasury Secretary Bessent says Trump tariffs unlikely to raise inflation significantly
Treasury Secretary Scott Bessent stated on Sunday that the tariffs proposed by President Donald Trump are unlikely to significantly increase inflation. Bessent’s remarks come just two days before […]
Economy
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Trump Tariff Threats Impacting U.S. Stock Market and Economy
Recent tariff threats by former President Donald Trump have significantly disrupted the dynamics of the U.S. stock market, turning traditional winners into losers. According to a report by […]
Economy
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Retirees in these 9 states may lose some of their Social Security benefits at tax time
Tax time can be particularly challenging for seniors living on fixed incomes, especially when retirement account withdrawals are not taxed upfront. In addition to federal taxes on Social […]
Economy
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FinCEN extends BOI reporting deadline, halts enforcement
The Financial Crimes Enforcement Network (FinCEN) has announced an extension to the current March 21 deadline for beneficial ownership information (BOI) reporting. The agency has also suspended enforcement […]
Economy
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The US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast
The US economy has shown signs of a potential downturn as a key GDP indicator signals a surprising negative forecast. This development highlights concerns about economic performance and […]