Donald Trump’s much-vaunted but ill-defined new “department of government efficiency” (Doge) program lost one of its leaders hours after the new president took office on Monday, as Vivek Ramaswamy bowed out of the government cost-cutting taskforce, leaving Elon Musk in sole charge. Ramaswamy’s exit came as he reportedly plans to run for Ohio governor. Trump…
Binance CEO Richard Teng speaks in Singapore on Sept. 17, 2024, at an event hosted by the local foreign correspondents association. Bloomberg | Bloomberg | Getty Images Bitcoin will hit a new all-time high in 2025 on the back of positive regulatory movements in the U.S. under newly inaugurated President Donald Trump, the CEO of…
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was asked by CNBC’s Andrew Ross Sorkin about how the industry’s approach to crypto could change given President Donald Trump‘s enthusiasm for digital…
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“Pocket money” toys that actually fit in your pocket have become increasingly popular in the struggling sector as parents seek out cheaper playsets and “kidults” collect mini-figurines based on films and TV shows. In 2024 UK toy sales declined 3.7% to £3.4bn, according to an annual industry report by the market research company Circana. Despite…
Britain’s unemployment rate has risen unexpectedly and the number of workers on payrolls has fallen by the most since the height of the pandemic, according to new figures from the Office for National Statistics (ONS). It estimated that the number of payrolled employees had shrunk by 47,000 in December, the biggest drop since November 2020.…
Chinese Vice Premier Ding Xuexiang speaks during COP29 on Nov. 12, 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese Vice Premier Ding Xuexiang warned there are “no winners” in a trade war, as the world’s second-largest economy faces the possibility of tariffs under the freshly-inaugurated administration of Donald Trump. “Protectionism leads no…
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding…
Belfast harbour is to invest £90m to upgrade its port to serve a wave of wind energy projects and cruise ships as part of a £300m investment plan. A new deepwater quay capable of supporting wind projects will be the largest part of an investment plan that also includes the construction of hundreds of homes…
National cabinet to meet this afternoon to discuss antisemitism in Australia Josh Butler National cabinet will meet this afternoon to discuss antisemitism in Australia, Guardian Australia has confirmed. Government sources said Anthony Albanese would convene a virtual meeting of state and territory leaders at 5pm AEDT today. It comes after the latest antisemitic attack on…
