Russ Vought believes the $9.4 billion cuts proposal will be approved by Congress.
WASHINGTON, DC — Russ Vought, the head of the U.S. Office of Management and Budget, expressed confidence in a $9.4 billion retirement package aimed at formalizing Doge Cuts as it moves through Congress. Vought addressed reporters outside the west wing on Friday morning, just before President Donald Trump left for Kerrville, Texas to meet with […]
Public Keys: CoreWeave’s Fusion Dance, a $1 Billion Day for Bitcoin ETFs and Strategy’s Break Week
Simply put Core Scientific, a Bitcoin miner, is merging with AI firm CoreWeave in a $9 billion all-share deal, which stands out as one of the largest mergers in the crypto space. On Thursday, Bitcoin Spot ETF saw a significant inflow of $1.17 billion, making it the second-highest since its launch. Bitmining’s stock jumped by […]
More than $1 Billion in Liquidations Highlights Struggles Facing Crypto Bears
Bitcoin’s Remarkable Surge Leaves Skeptics Behind Recently, Bitcoin has been on an impressive rally, reaching a record high that has caught many by surprise. Data from Coinglass indicates that over 279,000 traders have lost their positions during this upward trend as Bitcoin soared to $118,847. Notably, the largest single liquidation amounted to $88.5 million at […]
National Parks struggle with $23 billion in debt while new commission addresses conservation issues
Preserving America’s Natural Beauty The stunning landscapes of America have long inspired a sense of patriotism. As people moved westward, they adapted to the land, establishing national parks to safeguard its diverse beauty, which in turn supported economic growth. There’s a shared commitment among many to protect this natural heritage for future generations. Yet, in […]
$40 Billion in Aid Programs Shielded from Illegal Immigrants
The White House has announced that an executive order from President Donald Trump, issued in February, allocates around $40 billion to protect public interest programs from illegal access by foreigners. In February, Trump signed an executive order that instructs federal agencies to find funding programs that “can be accessed by illegal foreigners for public interest […]
Vacation renters in the US throw away $2 billion in food each year, according to a study.
New research suggests that short-term rental accommodations in the U.S. may waste over $2.3 billion in food each year. A recent survey highlighted that, on average, around $12 worth of groceries, takeout, and restaurant leftovers end up in the trash daily. This figure represents about 5.1% of the rental fees, which is comparable to the […]
Cereal leader WK Kellogg is set to be bought for $3 billion by the owner of Ferrero Rocher.
WK Kellogg to Be Acquired by Ferrero Rocher for $3.1 Billion On Thursday, WK Kellogg reached an agreement with the owners of Ferrero Rocher for a purchase deal valued at approximately $3.1 billion. This move comes as grain manufacturers are facing challenges with low consumer demand, which has been compounded by ongoing high inflation rates. […]
Jeanie Buss’ plans for the Lakers shared after the team was sold for $10 billion
Jeannie Buss isn’t going anywhere with the Lakers, at least not for now. Even after selling a majority stake to Mark Walter for a staggering $10 billion, Buss will continue to serve as governor of the team for the next five seasons. According to sources, this arrangement means she’ll maintain a significant presence through at […]
Bitcoin investors have invested more than $50 billion in US spot ETFs.
The US Spot Bitcoin Exchange Trade Fund (ETF) has recently exceeded $50 billion in net inflows, achieving this milestone just 18 months after its introduction in January 2024. BlackRock’s Ishares Bitcoin Trust ETF (IBIT) is at the forefront, leading with a net inflow of $53 billion. Meanwhile, the Fidelity Wise Origin Bitcoin Fund (FBTC) follows […]
Flooding in Texas leads to $22 billion in damages as businesses come together
Central Texas Communities Face Recovery After Devastating Flash Floods Central Texas has recently been grappling with the aftermath of severe flash floods that tragically claimed the lives of at least 119 people, particularly during the July 4 holiday weekend. The devastation has left local businesses and communities searching for assistance as they begin to recover. […]