How Elon Musk stands to cash in on Trump’s presidential victory
Categories
Crypto

As Donald Trump celebrated his presidential victory early Wednesday morning, Elon Musk was right there with him. “A star is born. Elon,” Trump said onstage at his Mar-a-Lago resort, thanking the world’s richest person for spending two weeks campaigning in Pennsylvania. Musk, who poured at least $130 million into a pro-Trump campaign effort, turned Trump support into yet another full-time job […]

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Federal Reserve cuts interest rates by a quarter point
Categories
Events

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 […]

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