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Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm

The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration.“ZMoney” was Zachary Folkman, an entrepreneur who once ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm that Mr. Trump and his sons had recently unveiled. Mr. Folkman was writing to a crypto startup in the Cayman Islands, offering a “partnership” in which the firms would buy each other’s digital coins, a deal that would bolster the startup’s public profile.But there was a catch,...
USA Property

March real estate figures showed ‘balanced’ Sarasota, Bradenton market

March’s local real estate activity indicated a relatively balanced market for both Sarasota and Manatee counties, but changing national and international dynamics could call that stability into question.The Realtor Association of Sarasota and Manatee’s March report noted continued stability in the Sarasota and Manatee real estate markets, with steady single-family home activity and a strong presence of cash buyers tilting the overall trend slightly in favor of buyers. But as international economic headwinds shift following President Donald Trump's imposition of his tariff policies, and other countries' retaliation, the market could...
Stock Market

DJT Stock Soars 57% as Trump Media Expands Into Financial Services

Trump Media and Technology Soars 57% in 2 weeks with Support from New Deals with Crypto.com and ... More Yorkville America DigitalEntrepreneurShares LLC Trump Media & Technology Group (NASDAQ: DJT) has delivered a stunning stock market performance in recent weeks. Since April 8, DJT shares have rocketed roughly +57%, making it the #1 stock in the Russell 1000 Growth Index over that period and outperforming the second-best performer by about 10 percentage points. The stock jumped from about $16.66 on April 8 to $26.14 by April 25. Such a meteoric...
Currencies

How cryptocurrencies are solving America’s stocks and bonds problem

The Trump administration is pressuring trading partners to Buy American — American energy, defense and agricultural products, that is, and as The Wall Street Journal reports, many anxious global leaders, eager to placate the commander in chief and avoid a prolonged trade war, have voiced support for the idea. However, just as foreign leaders are saying they’ll buy American goods and services, foreign investors, from Japanese pensioners to European mutual funds to state actors are Selling American — specifically American stocks, corporate debt and, worryingly, the treasury bonds America relies...
Currencies

Bessent Seeks to Reassure Global Leaders on Dollar’s Role as Safe Haven

On the sidelines of the spring meetings of the International Monetary Fund and World Bank this week, Treasury Secretary Scott Bessent tried to convey an important message about the United States dollar.Speaking to a crowd of global policymakers, regulators and investors, Mr. Bessent sought to allay fears that had ballooned in recent weeks about the dollar’s global standing and the country’s role as the safest haven during times of stress. He reiterated that the administration would continue to have a “strong-dollar policy” and affirmed that it would remain the currency...
Stock Market

S&P 500 closes higher for a fourth day in a row, notches 4% gain for the week

US Stock Market Highlights: The S&P 500 rose 0.74% on Friday (April 25) to close at 5,525.21, extending its weekly gains as investors assessed global trade developments and rotated back into major tech stocks. The Nasdaq Composite outperformed, climbing 1.26% to settle at 17,282.94, buoyed by strength in large-cap tech names.US Stock Market Highlights:  The S&P 500 rose 0.74% on Friday (April 25) to close at 5,525.21, extending its weekly gains as investors assessed global trade developments and rotated back into major tech stocks. The Nasdaq Composite outperformed, climbing 1.26%...
Stock Market

Dow futures down 60 points; China may exempt some goods from tariffs

US Stock Market Live: They say no bad news is good news. For Wall Street, on certain days, no news is also good news. Futures market are in the green after the S&P 500 and Nasdaq gained for the third day in a row. The Dow Jones also ended 500 points higher in regular trading on Thursday. The Dow futures are currently trading 40 points higher, while those on the S&P 500 and Nasdaq are trading 23 and 90 points higher respectively. Watch this space for all the Live updates.US...
Stock Market

S&P 500 futures rise after Alphabet earnings beat, three-day of gains

US Stock Market Live: They say no bad news is good news. For Wall Street, on certain days, no news is also good news. Futures market are in the green after the S&P 500 and Nasdaq gained for the third day in a row. The Dow Jones also ended 500 points higher in regular trading on Thursday. The Dow futures are currently trading 40 points higher, while those on the S&P 500 and Nasdaq are trading 23 and 90 points higher respectively. Watch this space for all the Live updates.US...
Currencies

Trump Offers a Private Dinner to Top 220 Investors in His Memecoin

The flashy online announcement called it “the most EXCLUSIVE INVITATION in the World,” a chance to have “an intimate private dinner” with President Trump at his members-only golf club in Virginia, followed by a tour of the White House.A seat would be reserved for each of the top 220 investors in $TRUMP, a cryptocurrency that Mr. Trump launched on the eve of his inauguration.In an astonishing escalation of the Trump family’s efforts to profit from crypto, a website promoting $TRUMP, the president’s so-called memecoin, announced on Wednesday that the coin’s...
Currencies

Trump Offers a Private Dinner to Top 220 Investors of His Memecoin

The flashy online announcement called it “the most EXCLUSIVE INVITATION in the World,” a chance to have “an intimate private dinner” with President Trump at his members-only golf club in Virginia, followed by a tour of the White House.A seat would be reserved for each of the top 220 investors in $TRUMP, a cryptocurrency that Mr. Trump launched on the eve of his inauguration.In an astonishing escalation of the Trump family’s efforts to profit from crypto, a website promoting $TRUMP, the president’s so-called memecoin, announced on Wednesday that the coin’s...
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