Get Starting PointA guide through the most important stories of the morning, delivered Monday through Friday.President Trump: "20 leading technology...
Gov. Greg Gianforte last week finalized Montana’s two-year budget, which contains several new investments for Indian Country, including a historic increase in funding for tribal colleges and money devoted to repatriation efforts. Though Gianforte made several vetoes in the last few weeks that trimmed hundreds of millions in spending approved by lawmakers, the money that will help fund priorities set by the Legislature’s American Indian Caucus made it through the session that adjourned in April and survived the governor’s scrutiny. Tribal CollegesMontana is the only state in the nation where...
Crypto enthusiasts will be watching the stock market Thursday as the US-based issuer of one of most popular cryptocurrencies makes its debut on the New York Stock Exchange.Circle Internet Group issues USDC, a stablecoin that can be traded at a one-to-one ratio for US dollars, and EURC, which can similarly be traded for euros.Stablecoins are a fast-growing corner of the cryptocurrency industry that offer a buffer against volatility because they are pegged to real-world assets, like US dollars or gold. That makes them a much more reliable means of conducting...
Wall Street’s main benchmark, the S&P 500, has lost more than 16 percent since setting an all-time high on Feb. 19, mostly because of worries about President Donald Trump’s tariffs.Any kind of uncertainty around the economy will give Wall Street pause, but the trade war is making it more difficult for companies, households and others to feel confident enough to invest, spend and make long-term plans.The tariffs announced on “Liberation Day” sent stocks reeling to their worst day since since the COVID crash of 2020 because they were much harsher...
It was the worst day yet in a scary stretch where the S&P 500 has swung more than 1%, up or down, seven times in eight days because of Trump’s on -and- off -again tariffs. The worry is that the whipsaw moves will either hurt the economy directly or create enough uncertainty to drive U.S. companies and consumers into an economy-freezing paralysis.Get Starting PointA guide through the most important stories of the morning, delivered Monday through Friday.The economy has already given some signals of weakening, mostly through surveys showing increased...