February 3, 2025

WASHINGTON, Feb 3 (Reuters) – U.S. President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund within the next year, saying it could potentially buy the short video app TikTok. Trump offered little in the way of detail and it was unclear how such a wealth fund would […]

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets seeing values fall more than 10%. Bitcoin fell below $100,000 after U.S. President Donald Trump announced plans Saturday to start putting large tariffs on goods from Canada, Mexico, and China. […]

President Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden Administrator holdover. Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since Mr. Trump took office on Jan. 20. In a letter to the […]

[](https://www.reuters.com/resizer/v2/BPOXYVZQP5N4JEO6TMRJKA37NM.jpg?auth=1e1fd3ba945ebfdcaf98e20c887d7e73d064e1fb64f5d2ce10a68eab36f39cdb&height=1005&width=1920&quality=80&smart=true) 720w, 480h SINGAPORE, Feb 3 (Reuters) – Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand […]

JPMorgan says Trump administration may be ‘business unfriendly’ — news from MarketWatch

SoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI’s tech, according to a joint announcement on Monday. The two also announced a new joint venture, billed as ‘SB OpenAI Japan,’ which will market OpenAI’s enterprise tech exclusively to major companies in Japan. The deal will give SoftBank […]

Asian stock markets slumped on Monday and European and U.S. equity futures pointed sharply lower after President Donald Trump’s tariffs on Canada, Mexico, and China triggered fears of a broad trade war and a hit to global growth. The U.S. dollar shot to a record peak against the Chinese yuan in offshore trading, its highest […]

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Where are the winners and losers of the coming great climate migration? As natural disasters and extreme weather events become more common, the U.S. real estate market will lose more than a trillion dollars in value as Americans move away from riskier areas and toward those expected to be more resilient, a new report finds. […]

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