G7 Meeting. Crypto Spike. Trump’s Tax Move. What Traders Need to Know

Safeguard Your Bank Account in 4 Easy Steps Unsubscribe Market Recap: As crypto markets stir and macro risks grow, investors are watching policy signals from the G7, updates on Trump-era tax extensions, and gold’s performance in volatile environments. In Today’s News #1 Secret To Growing Your Trading Account [adv] Bessent to Attend G7 Finance TalksFocuses include global trade imbalances and strategic diplomacy at the upcoming summit in Canada. Read More 4 Steps to Safeguard Your … Read more…

Trump’s Gulf tour reshapes Middle East diplomatic map

By Samia Nakhoul, James Mackenzie Dubai (Reuters)- -Nothing captured Israeli Prime Minister Benjamin Netanyahu’s isolation more starkly this week than the image of U.S. President Donald Trump shaking hands with Syria’s Islamist leader Ahmed al‑Sharaa – a man Israel has branded “an al‑Qaeda terrorist in a suit.” “He’s got the potential. He’s a real leader,” Trump told reporters after talks with Sharaa on Wednesday in Riyadh – a meeting brokered by his Saudi hosts, with … Read more…

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Republican US Congress to try again on Trump tax cuts, Bessent dismisses credit downgrade

By Susan Heavey WASHINGTON (Reuters) -The Republican-controlled U.S. Congress on Sunday sought to push forward with President Donald Trump’s sweeping tax-cut bill, as one of his top economic officials dismissed Moody’s decision to strip the federal government of its top-tier credit rating. A handful of hardline Republicans blocked the bill from clearing an important procedural hurdle on Friday, saying it did not cut spending sharply enough, with the House of Representatives set to try again … Read more…

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Money 101 for new college graduates 

By Lauren Young NEW YORK – This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every other week. Sign up here to receive it for free. My social media feeds are filled with Class of 2025 college graduation photos, so I figured this would be a good time to offer up a few key money tips for new grads who are just entering the workforce. … Read more…

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US Treasury’s Bessent to attend G7 finance meeting, focus on imbalances

By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders’ meeting in Canada next week and will seek to refocus the group on addressing trade imbalances and non-market economic practices, a Treasury spokesperson said on Sunday. Bessent will join fellow G7 finance ministers and central bank governors in the Rocky Mountain resort town of Banff, Alberta. The G7 includes Canada, the U.S., Japan, Germany, France, Britain and … Read more…

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What Trump’s Return, Tech & Tariffs Could Mean for Your Money

Approved in Trump’s First 24 Hours… And Now You Can Profit Unsubscribe Trump, Tariffs & Tech: What It Means for Your Portfolio Major shifts in Washington and Silicon Valley are stirring up markets. Here’s what to know as an investor right now: Just hours after returning to the Oval Office, Trump approved a sweeping $500B initiative that may impact income markets—and Wall Street wants it buried. Watch the briefing Trump-Backed Income StreamDiscover AI Royalties. View … Read more…

Musk’s xAI updates Grok chatbot after ‘white genocide’ comments

(Reuters) -Elon Musk’s xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens in South Africa, saying there had been an unauthorized change to the artificial intelligence bot. In a post on X on Thursday, xAI said it would update the system to address the problem. Issues of political biases, hate speech and accuracy of AI chatbots have been a concern since at least the launch of OpenAI’s … Read more…

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Trump pushes US Federal Reserve for rate cuts, criticizes Powell

By Bo Erickson WASHINGTON (Reuters) -President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates “sooner, rather than later.” Trump also criticized the head of the central bank, Jerome Powell. “THE CONSENSUS OF ALMOST EVERYBODY IS THAT, ‘THE FED SHOULD CUT RATES SOONER, RATHER THAN LATER,’” Trump said in the post. “Too Late Powell, a man legendary for being Too Late, will probably blow it again – … Read more…

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Nvidia CEO says next chip after H20 for China won’t be from Hopper series

By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday. Asked what their next chip for China after the H20 was, he said: “It’s not Hopper because it’s not possible to modify Hopper anymore,” Huang said, according to a livestream … Read more…

Republicans split on US credit downgrade as party’s tax bill lingers

By Bo Erickson WASHINGTON (Reuters) -Moody’s downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some questioning the motive behind the change and others depicting it as a warning that lawmakers should heed as they wrestle with a sweeping tax and budget bill. The downgrade, announced on Friday evening, came only hours after a handful of Republicans on the U.S. House of Representatives’ budget committee blocked progress of … Read more…

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