Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation
Crypto.com has secured a $400 million investment from global market maker Citadel Securities in its first-ever institutional fundraising round, valuing the cryptocurrency exchange at $20 billion. The investment reflects the increasing convergence of traditional...
Trump Declassifies China Election Documents, Revives 2020 Claims
U.S. President Donald Trump on Thursday declassified a series of documents that he said revealed Chinese interference in U.S. elections and exposed vulnerabilities in America’s election system. He claimed China had obtained millions of...
U.S. Appeals Court Backs Pentagon Press Access Restrictions
A U.S. federal appeals court has ruled in favor of President Donald Trump’s administration, allowing the Pentagon to continue enforcing its policy requiring journalists to be escorted while inside the Pentagon. The decision overturns...
US Pending Home Sales Drop Sharply in June Amid High Mortgage Rates
Contracts to purchase previously owned homes in the United States fell far more than expected in June, highlighting continued weakness in the housing market. The National Association of Realtors’ Pending Home Sales Index dropped...
Portugal Joins Global HealthAI Network Ahead of EU AI Rules
Portugal has become the first European Union member state to join HealthAI’s Global Regulatory Network (GRN), marking a significant step in strengthening international oversight of artificial intelligence in healthcare. The agreement between Portugal’s healthcare...
U.S. Slaps 25% Tariffs on Brazil, Escalating Global Trade Tensions
The United States has imposed a 25% tariff on many imports from Brazil while granting a broader-than-expected list of exemptions, marking the first country targeted under the Trump administration’s revamped tariff strategy. The duties,...
Csquare Raises $1.05 Billion in U.S. IPO Amid Strong AI Infrastructure Demand
Data center provider Csquare raised $1.05 billion in its U.S. initial public offering (IPO), highlighting continued investor confidence in companies poised to benefit from the artificial intelligence boom. The Dallas-based firm sold 50 million...
House GOP Unveils $95 Billion Spending Blueprint
Republicans on the U.S. House Budget Committee on Wednesday unveiled a $95 billion spending blueprint aimed at advancing key priorities of President Donald Trump’s agenda through the budget reconciliation process. The proposal includes $73...
House Passes Bill to Make Daylight Saving Time Permanent
The U.S. House of Representatives has passed the Sunshine Protection Act in a decisive 308-117 vote, advancing legislation that would make daylight saving time (DST) permanent and end the decades-old practice of changing clocks...
Goldman Counsel Faces Congress Over Epstein Links
Goldman Sachs senior counsel Kathryn Ruemmler is set to face intense questioning before the House Committee on Oversight and Government Reform as lawmakers continue investigating Jeffrey Epstein’s connections with influential figures in politics and...