The president’s two oldest sons are investing in a bitcoin-mining company, adding to the Trump family’s expanding portfolio of cryptocurrency businesses.   

Eric Trump and Donald Trump Jr.’s American Data Centers will merge with and take a 20% stake in American Bitcoin, a mining operation majority-owned by Hut 8 HUT -0.24%decrease; red down pointing triangle, the publicly traded crypto-infrastructure company. Together, they aim to create the world’s largest miner of the digital currency, with designs on building its own “bitcoin reserve.”

Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital euro—also known as a central bank digital currency (CBDC)—to compete against stablecoins such as Tether and electronic payment systems developed by U.S. tech firms, such as Google Pay and Apple Pay. Not content with eliminating cash, now the goal of central banks is to eliminate any competing electronic payment system.

A federal grand jury on Thursday indicted voting-machine company Smartmatic's president and founder Roger Piñate on bribery and money-laundering charges in order to get election contracts in the Philippines.

Smartmatic's voting machines have been used in Venezuelan and Philippine presidential elections, and was founded in 2000, but didn't take off until the Venezuelan election in 2004, when Venezuelan president Hugo Chávez chose the company to replace the country's previous machines, according to the Miami Herald.

Americans are stashing away more money than ever for retirement, but they remain a ways away from the "magic number" needed to retire comfortably.

The average balance in employer-sponsored retirement contribution plans rose to $134,128 in 2023, a 19% increase from the previous year, according to new data published by Vanguard Group, which tracks about 5 million retirement accounts. The median account balance was $35,286, a 29% increase from 2022.

Fans heading to Yankee Stadium hoping to pay in cash at the iconic ballpark for their favorite concessions have been thrown a curveball: go cashless or pay extra.

Harvard University and Brown University collected more than $2 million combined from Palestinian entities in recent years, according to a new report released Wednesday that questioned what the universities had to do in exchange for the cash.

OpenTheBooks.com, a spending watchdog, said Harvard collected $1,575,000 in funds from the “state of Palestine.” Brown received $643,000.

And Indiana University of Pennsylvania, northeast of Pittsburgh, received $7.3 million from entities labeled, the “State of Palestine” and “Palestinian Territory Occupied.”

Russian President Vladimir Putin insisted last August that a drop in the importance of the U.S. dollar was "irreversible"—but there appears to be no sign that the global economy is turning its back on the greenback.

Putin's video link comments to the BRICS (Brazil, Russia, India, China and South Africa) summit in Johannesburg may have been another way to lambaste the West for the sanctions it has imposed on Russia, but his wish to dethrone the dollar shows no sign of coming true for the moment.