Politics news and trends

Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025
Business // November 19, 2024

Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more robust merger and acquisition (M&A) environment under the new president. “Given where we are at the moment, … you’re starting to...

Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency
Bitcoin // November 12, 2024

Donald Trump’s election victory has been a win for the world’s most popular cryptocurrency. The price of bitcoin came close to $90,000 on Tuesday (Nov. 12), driven by continued enthusiasm for the advent of a pro-crypto White House, Reuters reported. The price of bitcoin had...

Killing Tip Taxes May Give Momentum to Instant Digital Payouts
Disbursements // November 11, 2024

Headed into last week’s presidential election, both Donald Trump and Kamala Harris endorsed eliminating taxes on tips. Coming into office in January 2025, Trump, now president-elect, has said that exempting those taxes would be a priority, telling workers in Nevada during the campaign the move...

Why Banks Might Want to Have a Blockchain Strategy
Blockchain // November 11, 2024

The definition of crypto has historically oscillated between two poles: buzzword and true innovation. And to hear the industry’s executives tell it, the lack of regulatory clarity is among the primary reasons surrounding the uncertainty around blockchain’s potential impact, particularly within regulated industries like financial...

Interviews & Exclusives
A Pro-Crypto President: What Trump 2.0 Holds for Blockchain’s Future

November 06, 2024
The price of bitcoin hit a new all-time high Wednesday (Nov. 6), and America elected a new president. The two are far from unrelated. Following the projected victory of Donal Trump in the U.S. presidential elections, bitcoin briefly shot north of $75,000, breaking the prior high of $73,000 reached when exchange traded funds (ETFs) of […]

U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger

August 16, 2024
Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging the overall mindset on everything...

Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’

July 12, 2024
Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts may be too vague, critics...

CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations

May 29, 2024
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence,...

Quick Reads
Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025

November 19, 2024
Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more robust merger and acquisition (M&A) environment under the new president. “Given where we are at the moment, … you’re starting to unleash some of those animal spirits, and you’re seeing a […]

Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency

November 12, 2024
Donald Trump’s election victory has been a win for the world’s most popular cryptocurrency. The price of bitcoin came close to $90,000 on Tuesday (Nov. 12), driven by continued enthusiasm...

Reports: Dimon Not Joining Trump Administration

November 06, 2024
Despite reports of Republicans and Democrats naming him as a possible nominee for U.S. Treasury secretary, there’s an “almost nil” chance that JPMorgan Chase CEO Jamie Dimon will leave the...

Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates

September 20, 2024
Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official X account for the Trump...