Through an executive order signed last week, Donald Trump has instructed federal regulators to review and clarify current requirements around 401(k) pension plans so that the professionally managed funds can invest in cryptocurrencies and private equity accounts.
The collapse of the U.S. office market may have slowed but it is not yet over, as bondholders in Denver’s 42-year-old Wells Fargo Center have discovered.
Detroit is returning to a focus on internal combustion passenger vehicles after the Trump administration and a Republican Congress have voided policies and regulations that focused carmakers on the transition to electric mobility, The Wall Street Journal reported.
Donald Trump’s “big beautiful” tax-cut bill Congress passed in July has handed AT&T an extra $1.5 to $2 billion this year in tax savings, the equivalent of an 11-percent increase in its free cash flow, the company recently said.
The U.S. economy is splitting in two, the Financial Times reported.
Again, and again, and again, as we say, “You can’t make this shit up.” Month-after-month, week-after-week, day-after-day, President Trump says he will do one thing then backtracks and/or does another of his this or that.
To 11 August, U.S. companies have announced $983.6 billion in stock buybacks, the most in this part of a year since at least 1982, according to research firm Birinyi Associates.