SEC Chair Gary Gensler will leave the SEC on January 20

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is set to step down after spearheading efforts to regulate the crypto industry during his tenure. The SEC announced Thursday that Gensler will leave his role on January 20, 2025. In his statement, Gensler called his time at the agency

Putin open to discussing Ukraine ceasefire with Trump

Russian President Vladimir Putin has expressed willingness to discuss a ceasefire in Ukraine with U.S. President-elect Donald Trump, but insists on retaining occupied Ukrainian territory and demands that Kyiv renounce its NATO aspirations, according to five Kremlin insiders who spoke with Reuters. Trump, who has vowed to end the

Trump’s crypto council to set up US bitcoin strategic reserve

A wave of cryptocurrency firms, including Ripple, Kraken, and Circle, are vying for a spot on President-elect Donald Trump's proposed crypto advisory council, hoping to influence his plans to reshape U.S. digital asset policy, according to industry insiders. During a July bitcoin conference in Nashville, Trump pledged

Canadian PM Justin Trudeau announces that all Canadians making below $150,000 per year will receive a $250 cheque early next year

Prime Minister Justin Trudeau unveiled a series of measures on Thursday aimed at easing affordability challenges in the post-COVID era, including a temporary two-month GST holiday on select goods and services. The Liberal government also plans to issue $250 payments to 18.7 million Canadians who worked in 2023 and

Citron Research has taken a short position in MicroStrategy, $MSTR

Citron Research has raised concerns about MicroStrategy's current valuation, despite the software company's shares experiencing explosive growth driven by its Bitcoin-focused strategy. In a tweet on Thursday, the research firm reflected on its 2020 recommendation of MicroStrategy as a proxy investment for Bitcoin, recalling its price

Elon Musk's DOGE wants to 'delete' entire government agencies

Elon Musk and Vivek Ramaswamy, tapped by President-elect Donald Trump to lead a newly established task force on government spending, have proposed eliminating work-from-home policies for federal employees—a move likely to ignite tensions between the administration and government unions. “Mandating that federal employees return to the office five days

A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives

A federal judge has ruled that Kraft Heinz must face a proposed nationwide class action lawsuit claiming it misled consumers by advertising its Kraft macaroni and cheese as free from artificial preservatives. In a decision issued on Wednesday, U.S. District Judge Mary Rowland stated that consumers from Illinois, California,

Robert Downey Jr has said that he: ‘will sue all future executives who make AI replicas of me’

Robert Downey Jr. is confident Marvel executives would not use artificial intelligence to recreate his portrayal of Tony Stark. However, if they did, he says he would take legal action—even beyond the grave. Appearing on the On With Kara Swisher podcast, the Oscar-winning actor stated his opposition to AI

The US Department of Education forecasts that by 2027, 70% of jobs will require schooling or training beyond high school

Elon Musk and Vivek Ramaswamy, newly appointed leaders of President-elect Donald Trump’s Department of Government Efficiency (DOGE), have voiced their support for a proposal to eliminate the Department of Education. Corey DeAngelis, a senior fellow at the American Culture Project and a prominent school choice advocate, shared on X

Jaguar has updated their logo and are planning a "declaration of intent"

British carmaker Jaguar has faced criticism following its diversity, equity, and inclusion (DEI) rebrand, alongside a drastic logo change and a cryptic new advertisement. On Tuesday, Jaguar unveiled a new logo and shared an ad filled with bold, colorful imagery on their social media platforms. The video featured models in

The US has vetoed a U.N. Security Council resolution calling for a cease-fire between Israel and Hamas in Gaza

The United States has vetoed a United Nations Security Council resolution that called for a ceasefire in Gaza, arguing it would have strengthened Hamas. The resolution sought “an immediate, unconditional, and permanent ceasefire” in the conflict between Israel and Hamas, as well as “the immediate and unconditional release of all

Trump team is considering creating the first-ever White House crypto role

President-elect Donald Trump’s team is exploring the creation of a dedicated White House position focused on cryptocurrency policy, according to individuals familiar with the transition discussions. The team is vetting candidates for what would be the first crypto-specific role in White House history, signaling the growing influence of the

Archegos Capital founder Bill Hwang was sentenced to 18 years in prison for fraud and market manipulation

The founder of Archegos Capital Management, Bill Hwang, was sentenced to 18 years in prison on Wednesday for securities and market manipulation fraud, a scheme that prosecutors said resulted in billions of dollars in losses for global investment banks. Hwang received the sentence in Manhattan federal court after expressing remorse

Billionaire Gautam Adani charged in New York with massive fraud

Gautam Adani, chairman of India’s Adani Group and one of the wealthiest individuals in the world, has been indicted alongside seven others in a New York federal court on charges related to a vast bribery and fraud scheme, U.S. authorities announced on Wednesday. The indictment accuses Adani and

The House Ethics Committee votes against releasing Matt Gaetz classified Ethics report

A bipartisan House committee has delayed the release of a highly anticipated report on allegations against former Rep. Matt Gaetz, who has been nominated by President-elect Donald Trump to serve as the next attorney general. The decision has intensified the debate surrounding Gaetz’s nomination, which faces significant challenges in

Elon Musk and Vivek’s Department of Government Efficency may require federal employees to come into the office five days a week

EElon Musk and Vivek Ramaswamy, tapped by President-elect Donald Trump to lead a newly established task force on government spending, have proposed eliminating work-from-home policies for federal employees—a move likely to ignite tensions between the administration and government unions. “Mandating that federal employees return to the office five days

Trump aims to revive the Keystone XL pipeline

Donald Trump is reportedly planning to revive the Keystone XL oil pipeline on his first day back in the White House, according to three individuals familiar with the president-elect’s strategy, despite the fact that no companies are currently pursuing its construction. Trump sees reinstating the 1,200-mile pipeline, designed

Biden has just approved antipersonnel land mines for Ukraine, two days after approving ATACMS missiles

President Joe Biden has authorized the provision of anti-personnel land mines to Ukraine, a U.S. official told Reuters, marking a strategic move intended to slow Russian advances in Ukraine’s eastern regions. The mines are expected to complement other munitions supplied by the United States. The United States has

US President-elect Donald Trump has named former wrestling executive Linda McMahon as his pick to head the Department of Education, which he said he wanted to abolish

President-elect Donald Trump has announced his intention to nominate Linda McMahon, a former administrator of the U.S. Small Business Administration (SBA) during his first term and a co-chair of his transition team, to lead the U.S. Department of Education. McMahon is best known as a professional wrestling executive

Homes are so expensive a record number of first-time buyers needed an inheritance

A report from the National Association of Realtors (NAR) reveals that the median age of homebuyers has climbed to a record high of 56 this year, up from 49 in 2023 and just 31 back in 1981. Compounding this trend, the share of first-time homebuyers has hit an all-time low,

Americans are spending big on cars and gadgets—and going into debt to do it

Americans increased their spending at retailers last month, signaling that robust consumer activity continues to support steady economic growth. Retail sales rose 0.4% from September to October, according to the Commerce Department’s report on Friday. While this was slightly below September's strong 0.8% gain, it

Russia says Ukraine attacked it using U.S.-made missiles, signals it's ready for nuclear response

Moscow has signaled to the West that it is prepared for a nuclear confrontation after Ukraine reportedly received permission to attack Russian territory using U.S.-supplied long-range missiles. Kyiv acted swiftly, with Ukrainian media reporting on Tuesday that U.S.-made ATACMS missiles had been used to strike a

Donald Trump's sentencing for 34 criminal charges in the state of New York abruptly adjourned by Judge Merchan without explanation

The Manhattan District Attorney clarified on Tuesday that a Bloomberg report claiming Donald Trump’s sentencing for 34 criminal charges had been “adjourned” was incorrect. According to the DA's office, the report was based on an automated schedule alert triggered by a court email last week indicating that

Elon Musk’s X launching new one-stop shop NFL portal

NFL fans now have access to a centralized hub for league content on X, thanks to a new partnership between the social media platform and the NFL. X, owned by Elon Musk, has introduced a portal designed to serve as a one-stop shop for everything NFL-related, a representative for X

Majority of Senate Republicans have reportedly said privately that Matt Gaetz has no path to be confirmed as Attorney General

More than half of Senate Republicans, including several in senior leadership roles, privately express doubts about confirming former Rep. Matt Gaetz, R-Fla., as attorney general, according to multiple sources who spoke to NBC News anonymously. Many believe there isn’t a viable path for his confirmation and indicate they would