David Sacks, the White House director of AI and cryptocurrency, wrote: "Over the past decade, the federal government has sold about 195,000 bitcoins for $366 million. If the government held these bitcoins, they would be worth more than $17 billion today. That's the cost to American taxpayers of not having a long-term strategy."
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US stocks opened higher, with the three major indexes closing up more than 1%. The Nasdaq rose 1.43%, the Dow rose 1.19%, and the S & P 500 rose 1.11%. Among them, the Dow hit a new closing high since early March, and the S & P 500 and Nasdaq both hit new closing highs since late February. Most of the large technology stocks rose, Intel rose more than 6%, Nvidia, Netflix, and Amazon rose more than 2%, Meta rose more than 1%, Microsoft and Google rose slightly; Tesla fell more than 2%, and Apple ...
The Federal Reserve's Kashkari said that if the labor market deteriorates significantly, the Federal Reserve may cut interest rates even if inflation remains high.
According to CCTV news, on the 24th local time, UN Secretary-General Guterres welcomed the ceasefire between Israel and Iran announced by US President Trump. Guterres urged Israel and Iran to fully abide by this ceasefire agreement. Guterres said that the conflict must stop, the people of Israel and Iran have suffered too much. In addition, Guterres expressed the hope that this ceasefire can be replicated in other conflicts in the region.
On Tuesday afternoon local time, the House of Representatives rejected a congressman's proposal to impeach Trump by a bipartisan vote. Lawmakers agreed to put the measure on hold, a procedural mechanism that allows lawmakers to vote against consideration of a bill without having to vote on the bill itself. The resolution, introduced by Rep. Al Green of Texas, came after Trump addressed a joint session of Congress earlier this year.
On June 25th, as of the close of 2:30, the main contract of Shanghai Gold closed down 1.25%, reported 770 yuan/gram, the main contract of Shanghai Bank closed down 1.06%, reported 8672 yuan/kg, and the main contract of SC crude oil closed down 9.27%, reported 502 yuan/barrel.
The Federal Reserve's Kashkari said that inflation remains above its 2% target, but significant progress has been made; tariffs have brought complexity; and the Federal Reserve is currently on the sidelines to gain more clarity on the impact of tariffs on inflation.