News list for "dollar"
The nonpartisan U.S. Congressional Budget Office (CBO) projected Tuesday that President Trump's sweeping tax cut and spending bill would result in a $2.80 trillion increase in deficits over 10 years, despite increased economic output. Senate Republicans are considering a revised version of the bill, and the budget watchdog released a dynamic analysis of the version of the bill passed by the House in May. The CBO said the tax provisions of the bill would make real...
US President Donald Trump posted on social media: "This great, grand, wonderful bill will grow the economy faster than ever before. At the same time, it will cut spending by $1.60 trillion. This puts our country on the right track, plus! Make America Great Again!"
Swedish health technology company H100 Group AB announced on Wednesday that it has raised 101 million Swedish kronor (about $10.60 million) to accelerate the company's bitcoin reserve strategy, sending shares up 45%. H100 closed at 4.64 kronor (about $0.49) on the Nordic growth market bourse, and the stock price has risen 280% since it announced its bitcoin strategy on May 22, according to MarketWatch data. The $10.60 million round is almost five times the size of the $2.20 million round led by ...
U.S. Treasury Secretary Bescent: The Trump administration is committed to maintaining the reserve currency status of the U.S. dollar. Still expects stablecoin demand for U.S. Treasury bonds to be 2 trillion dollars, and may even exceed that level.
BlackRock CEO Larry Fink warned at the 2025 Forbes Summit that the United States would be "drowning" in debt unless a way was found to stimulate and grow the economy. Fink pointed out that the U.S. national debt has grown from $8 trillion in 2000 to $36 trillion now, and the upcoming tax bill is expected to add another $2.3-2 400 billion. He stressed that if the U.S. fails to achieve real growth of 3% per year, it will face a serious crisis...
Meta Platforms (META. O) is in talks to invest in artificial intelligence startup Scale AI, according to people familiar with the matter. It is understood that the fundraising value could exceed $10 billion, making it one of the largest private company fundraising events ever. The terms of the deal have not yet been finalised and could still change, the people said. Scale AI provides data labelling services that help companies train machine learning models and has become a major beneficiary of t...
Sentora (formerly IntoTheBlock) said that only 10-15% of global equity assets are currently used as collateral, and asset tokenization could upend this status quo and unlock collateral opportunities for equity markets worth more than $120 trillion.
Sources: A multi-billion dollar artificial intelligence data park deal between the United States and the UAE is far from finalised.
A multibillion-dollar deal to build one of the world's largest data center hubs in the UAE is far from a deal due to ongoing concerns over security, people familiar with the matter said. During Trump's two-day visit to Abu Dhabi last month, the United States and the wealthy Gulf state unveiled a massive artificial intelligence campus project that will contain a series of powerful data centers. The plan covers an area of 26 square kilometers...
Summers warned that Trump's tax reform bill will increase the size of the US debt by far more than 4 trillion dollars, and the fiscal deficit rate may be much higher than 7%. Click to view...
According to the Wall Street Journal, Meta is seeking to partner with Hollywood to secure exclusive content for its high-end virtual reality headsets that it plans to launch next year. The tech company has held talks with entertainment brands such as Disney and A24, as well as some smaller production companies, according to people familiar with the matter. Meta is willing to spend millions of dollars on series or standalone immersive video content based on well-known intellectual property. Meta ...
The Congressional Budget Office (CBO) said that Trump's tariffs on foreign goods could reduce the budget deficit by $2.80 trillion within 10 years. Due to Trump's tariff policy, US economic output will decrease.
According to the official announcement, OKX will list USDG (Global Dollar) spot trading. It is reported that Global Dollar (USDG) is a US dollar-based stablecoin that can be used on the Ethereum and Solana blockchains. USDG is issued by a regulated provider, backed by safe and liquid assets, and can always be exchanged for US dollars at a 1:1 ratio. USDG is available on numerous global exchanges and wallets. The specific schedule is as follows: USDG Open Deposit Time: June 4, 2025 2:00 PM (UTC +...
据官方公告，OKX将上线USDG(Global Dollar)现货交易。据悉，Global Dollar(USDG)是一种基于美元的稳定币，可在以太坊和Solana区块链上使用。USDG由受监管的提供商发行，由安全且流动性强的资产支持，并且始终可以1:1的比例兑换美元。USDG可在众多全球交易所和钱包上使用。具体时间安排如下： USDG开放充币时间：2025年6月4日下午2:00(UTC+8)USDG 集合竞价时间段：2025年6月5日下午8:00至9:00(UTC+8)USDG/USDT ...
The "Tongyan Artifact" under the leading cardiovascular device has been registered and approved, the financial giant has invested tens of billions to establish a new subsidiary, and the leading enterprise in the UHV field has won the bidding of the State Grid project... What are the announcements worth paying attention to after the market today?
