President Trump will make critical infrastructure announcements on his second day in office.
President Donald Trump was inaugurated on Monday and has been working without missing a beat. In just five days, he signed a number of executive orders related to artificial intelligence. Cryptocurrency. It promises to transform the federal workforce with three core principles: diversity, equity, and inclusion, also known as DEI.
This edition of FOX Business Rundown focuses on President Trump’s biggest business moves.
Stock prices rise significantly every week: The three major U.S. averages posted weekly gains despite falling on Friday..…Click here to learn more about the market.
The S&P 500 peaked at the beginning of the week, but has since fallen back. However, the benchmark is still over 6,000.
President Trump’s busy first five days
AI supercharger: President Trump launched a $500 billion investment called Stargate aimed at advancing AI with Oracle, Softbank, and OpenAI…Continue reading here. Oracle’s Larry Ellison explained that the venture is expected to revolutionize cancer detection.Continue reading here. But the deal didn’t come without controversy within the tech community…Continue reading here.
video: OpenAI CFO Sarah Friar set a record on Stargate.
Davos BofA Diss! Speaking remotely before the World Economic Forum in Davos, Switzerland, President Trump spoke out against Bank of America CEO Brian Moynihan over allegations of discrimination against conservatives at Bank of America. criticized.…Continue reading here. His surprising accusations reignite a history of some U.S. banks allegedly “debanking” some groups because of their political or religious affiliations, a practice that has sparked a dispute among banks. he claimed.…Continue reading here.
day door: Trump puts the hammer down on DEI with executive order, giving government agencies similar powers…Continue reading here. Target on Friday followed other retailers such as Walmart and Lowe’s in reversing its DEI push.Continue reading here.
Tax cuts are planned: President Trump also reiterated his promise to cut taxes, including lowering the corporate tax rate to 15%.…Continue reading here. The president has also inherited fiscal arrogance…Continue reading here.
video: President Trump’s former economic advisor Larry Kudlow highlights the new administration.
Crypto Capital of the World: Trump kept his promise and brought major changes to the crypto community. Investors claim this will help the industry thrive in the US…Continue reading here. Cryptocurrency mogul David Sachs said on a FOX Business exclusive that President Trump intends to bring the cryptocurrency industry back to the United States after former President Biden drove it away…Continue reading here.
video: Investor David Sachs talks about the potential of cryptocurrencies under the Trump administration.
Bitcoin has bounced between declines and gains this week, but is still above the $100,000 level and up more than 10% this year…Click here for live prices of virtual currencies.
Feeling energetic: Energy groups praised Trump’s campaign slogan, “Drill Baby Drill,” as he promises big changes going forward. Continue reading here.
video: President Trump sent a serious warning to OPEC countries.
New Sheriff: President Trump promises to end teleworking for federal workers and make other major cuts…Continue reading here.
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