Bitcoin has hit a new all-time high, surpassing $123,000 on Monday. This marks a sharp rise from $108,000 just a week ago. The cryptocurrency now ranks as the fifth most valuable asset class globally, with a market cap of $2.4 trillion, even surpassing Amazon. The surge comes as U.S. lawmakers focus on passing pro-crypto legislation…… MORE
WASHINGTON (AP) — Senate Republicans are putting the popularity of Department of Government Efficiency spending cuts to the test this week. The GOP lawmakers are looking to pass President Donald Trump’s request to claw back $9.4 billion in spending on public media and foreign aid. Senate Democrats are looking to kill the measure. The House…… MORE
WASHINGTON (AP) — Senate Democrats say President Donald Trump’s policies are weakening America’s ability to compete with China. In a report released Monday, they criticize foreign aid cuts, tariffs on allies and restrictions on foreign students. They argue such moves undermine U.S. influence and allow China to expand its global power. The White House says…… MORE
The U.S. government says it’s placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. Proponents said the import tax announced Monday will help rebuild the shrinking U.S. tomato industry. Mexico currently supplies around 70% of U.S. tomato market, up from 30% two decades ago, according…… MORE
Dozens of ice cream makers pledged on Monday to remove artificial dyes from their products by 2028. The move is the latest voluntary effort by U.S. food manufacturers to heed calls from the Trump administration to remove synthetic dyes over potential health concerns. About 40 makers of ice cream and frozen dairy desserts said they…… MORE