After Musk slashed the money, Trump wants to send the money to US taxpayers as a special subsidy of 20% of the federal spending cut by DOGE, and may set aside another 20% to pay down the federal debt. Click to view...
President Trump: Could cut defense spending in half.
President Trump has said he could cut defense spending in half.
After spending $5.60 billion in cash last year, Anthropic said it would cut that by nearly half by 2025 and expects to make as much as $3.70 billion this year as it catches up with OpenAI, two people familiar with the matter said. Anthropic also expects its revenue to grow to $34.50 billion by 2027.
Federal Reserve Chairperson Jerome Powell said that even if the Department of Government Efficiency cuts spending by $1 trillion, it's hard to tell how that will affect the economy.
In a new report, PitchBook reveals that crypto venture capital spending continues to remain low at the end of 2024. Deal value jumped to $2.40 billion in the final quarter of 2024, up 13.6 percent from the third quarter, but the number of deals fell from 411 to 351. PitchBook says that while the rebound in funding indicates that investors are still willing to back established teams and differentiated technologies, the continued pullback in deal numbers highlights the increasing selectivity of in...
A trader previously spent 5,089 BNB (about $3.17 million) to buy 16.25 million TSTs at an average price of $0.195.
The monthly rate of construction spending in the United States in December was 0.5%, and the previous value was revised from 0.00% to 0.2%.
There are media reports today that ByteDance's capital expenditure in 2025 will exceed 150 billion yuan, mainly for artificial intelligence. The relevant person in charge of ByteDance told reporters that the information is false. (21st Century Business Herald)
In addition to the potential for downward pressure on spending and prices from several of Trump's signature policies, there is also a good reason to think that a Trump victory would reduce long-term inflation... click to view
According to OnchainLens monitoring, a giant whale address spent about $3.13 million to build multiple Solana eco-tokens seven hours ago. The details include: 1 million WIFs were purchased using about 8,159 SOLs (worth about $1.52 million); 1 million POPCATs were purchased using about 2,828 SOLs (worth about $526,000); 3 million FWOGs were purchased using about 2,590 SOLs (worth about $483,000) and about 16,725 USDCs; 5 million GIGAs were purchased using about 1,707 SOLs (worth about $319,000); ...
According to on-chain analyst Ember Monitoring, a multi-signed address spent 3 million USDC 1 hour ago to buy 200 million WLFI (tokens for World Liberty Financial, a DeFi project backed by the Trump family). World Liberty Financial has sold 5.35 billion WLFI on the official website to raise 80.25 million funds (the price is fixed at $0.015), but these "presidential elections" are currently in a state of floating losses, with a total floating loss of 5.89 million dollars. ◎ 9,586 ETH. $3,651, t...
On December 21st, according to NBC coverage, U.S. Senate Majority Leader Chuck Schumer said in his speech on the Senate floor that the exact time for a vote on the Continuing Resolution Act (CR) to avoid a government shutdown has not yet been determined, but it will be passed before the deadline of 12:01 am ET on Saturday (13:01 noon Beijing time on Saturday). Democrats and Republicans just reached an agreement that will allow us to pass the CR before the deadline of midnight tonight.
On December 21st, according to Fox coverage, some government entities shut down after Congress failed to pass a continuing resolution spending bill to avoid a government shutdown by the deadline and send it to President Biden's desk. The Senate is currently actively considering amendments such as voting in order to submit the bill to Biden. The temporary bill is expected to be passed by the Senate in the next few hours. The partial shutdown of government entities is only a few days away from Chr...
According to Spot on Chain monitoring, a whale address spent 420 wstETH (about $2 million) to buy 1.47 million FTM 2 hours ago.