Latest in The promise and peril of an offshore digital (government) dollar
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Trump freezes new outer continental shelf offshore wind leases
President Trump directed the Treasury Department to freeze new offshore wind leases on the outer continental shelf Monday evening as one of a flurry of executive orders he signed within hours of ...The Hill - Jan. 21 -
Trump orders lift of Biden offshore drilling restrictions
President Trump has lifted some of former President Biden’s efforts to restrict oil and gas drilling on public lands and waters — though his move could face court hurdles. Trump’s decision comes ...The Hill - Jan. 21 -
Dollar slides as Trump shies away from immediate trade tariffs
Euro, sterling and Canadian currencies rally sharply against greenbackFinancial Times - Jan. 20 -
Ørsted announces further writedown on its US offshore wind business
Danish developer blames interest rates, supply chains and ‘market uncertainties’ for the latest impairmentFinancial Times - Jan. 20 -
Dow futures rise and dollar dives as tariffs appear not to be a Day 1 action item for Trump
Futures on the Dow Jones Industrial Average rose in electronic trade and the U.S. dollar slumped Monday after a report that President-elect Donald Trump won’t impose new tariffs during his first ...MarketWatch - Jan. 20 -
Political strategists on Trump's day 1 promises
Republican strategist Justin Sayfie and Democratic strategist Hyma Moore join CBS News to discuss some of the actions President-elect Donald Trump plans to take moments after being sworn in.CBS News - Jan. 20 -
Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live
Bitcoin rises by 4% past $109,000, reversing earlier losses; Donald Trump meme coin price tanks after wife Melania also launches token. The UK chancellor, Rachel Reeves , will travel to the ...The Guardian - Jan. 20 -
Boosting Digital Infrastructure to prepare for Industry 5.0
Industry 4.0 remains key as we move into Industry 5.0, where automation meets sustainability. By mixing in IoT, AI, and smart systems, manufacturers can boost innovation, setting the stage for a ...CBS News - Jan. 20 -
Trump promises "historic" first day in power
He will be sworn in as the 47th president todayBBC News - Jan. 20 -
TikTok, RedNote and the Crushed Promise of the Chinese Internet
China’s internet companies and their hard-working, resourceful professionals make world-class products, in spite of censorship and malign neglect by Beijing.The New York Times - Jan. 20 -
The strong dollar conundrum facing the Trump administration
The U.S. dollar is expected to strengthen in 2025 due to the Trump administration's preference for a weaker dollar, but this could lead to high inflation and global economic turmoil.The Hill - Jan. 19 -
Speaker Johnson: No better ‘dollar-for-dollar investment’ than Trump’s mass deportation plan
Speaker Mike Johnson (R-La.) exclusively joins Meet the Press to voice support for President-elect Trump’s immigration plans despite concern over the cost.NBC News - Jan. 19 -
The consensus on a strong dollar may be too complacent
There are at least three reasons why the greenback might not follow the script currently signalled by marketsFinancial Times - Jan. 19 -
UK set to introduce digital driving licences
The government says technology should "make people's lives easier" but any system won't be mandatory.BBC News - Jan. 18 -
How President Trump and the dollar might affect your investment portfolio
Also: Value stocks, the start of earnings season, retirement planning for people of all ages and a new development in the space race.MarketWatch - Jan. 18 -
‘La Migra!’ A Glimpse of Trump’s Promised Deportation Storm
Sweeps by Border Patrol agents in California have stoked fears among undocumented migrant workers on the eve of Donald J. Trump’s presidential inauguration.The New York Times - Jan. 18 -
Has Trump promised too much on US economy?
He won the election partly to fix inflation but Trump may find his pledges on prices and tariffs conflict, say experts.BBC News - Jan. 18 -
GOP states, oil lobbying group sue White House over offshore drilling restrictions
The primary lobbying group representing the fossil fuel industry joined five Republican attorneys general Friday in a lawsuit challenging restrictions on offshore drilling announced in the waning ...The Hill - Jan. 17 -
Noem on enforcing Trump's promises of mass deportations
South Dakota Gov. Kristi Noem, President-elect Donald Trump's pick to lead the Department of Homeland Security, was asked about enforcing the mass deportation plans promised during the 2024 ...CBS News - Jan. 17 -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - Jan. 16 -
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Billion-dollar video game: is this the most expensive piece of entertainment ever made?
How player-funded development launched a multiplayer game of galactic proportions – and costs – in Star Citizen. How much does it cost to make a video game? The development expenses of blockbuster ...The Guardian - Jan. 16 -
The alarming contradictions awaiting Donald Trump’s dollar
Big tax cuts and tariff hikes will prevent any new Plaza Accord to manage currenciesFinancial Times - Jan. 16 -
GM looks to make cheaper EV batteries after signing multibillion-dollar deal
General Motors aims to boost EV profitability with its deal with Norway-based graphite manufacturer Vianode for battery materials.MarketWatch - Jan. 15 -
GM Signs Multibillion-Dollar Deal for Supply of EV Battery Materials
The deal, with Norway’s Vianode, is for delivery of a material critical for electric-vehicle batteries.The Wall Street Journal - Jan. 15 -
SGS, Bureau Veritas in Talks for Potential Multibillion-Dollar Tie-Up
The Swiss and French companies are in talks about a combination that would create a giant in Europe’s inspection, certification, and testing services industry, with a combined market value of some ...The Wall Street Journal - Jan. 15 -
Edwards fined again, promises 'no more techs'
Timberwolves star Anthony Edwards was fined by the NBA for the fifth time this season, getting docked $50,000 for "obscene gestures" toward an official.ESPN - Jan. 13 -
Inside the Multimillion-Dollar Recruitment of a College Football Star
Miami wasn’t excited about any quarterback in the transfer portal. Then Carson Beck entered.The New York Times - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
Winter storm that covered South and East Coast in snow and ice to move offshore
A winter storm that covered parts of the East Coast and South in snow and ice will continue to push offshore on Saturday.NBC News - Jan. 11 -
Behind Miami's multi-million-dollar push for QB Carson Beck, who lands a top-tier NIL package to transfer
Beck's deal is less than his believed initial asking price but still among the highest-paid players in college footballCBS Sports - Jan. 11 -
Dollar dominance means tariffs are not the only game in town
America’s grip on global financial services could provide Trump with another source of leverageFinancial Times - Jan. 10 -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - Jan. 10 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
The silent business of digital identity has remade Relx
Company once known as Reed Elsevier has moved from legal and scientific publishing into AI fraud detectionFinancial Times - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
A million-dollar kombucha deal spurred Quinn Ewers to Ohio State early, but staying long never made sense
The Buckeyes were caught off guard by Ewers' decision to reclassify and join them a year earlyCBS Sports - Jan. 8