Your Pulse On America: Live And Unfiltered
After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin — and was the latest in a string…
Thilina Kaluthotage | Nurphoto | Getty Images Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said in a blog post Friday. The experiment marks Meta’s first run at generating revenue from Threads. Meta launched the app in July 2023 to rival X,…
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The…
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump’s comments on Thursday that he’ll “demand that interest rates drop immediately.” So far, the central bank has moved slowly to recalibrate policy after hiking its key benchmark 5.25 percentage points between 2022 and 2023 in an…
Inmate firefighters walk into uncontrolled fire to cut a fire line using only hand tools and chain saws at the Hughes Fire on January 22, 2025 in Castaic, California. David Mcnew | Getty Images LOS ANGELES — Firefighters gained more ground Thursday on a fast-moving brush fire that erupted north of Los Angeles on Wednesday and within hours…
Tesla will start deliveries of a revamped version of its Model Y SUV in the U.S. in March, according to new listings on the company’s website. The Model Y Juniper has a price tag of $59,990, not including a federal tax credit of $7,500 for new electric vehicle purchases. It features a redesigned fascia, front…
From left, Rep. Andrew Clyde, R-Ga., Speaker of the House Mike Johnson, R-La., Reps. Andy Ogles, R-Tenn., and Dusty Johnson, R-S.D., talk in the House chamber of the U.S. Capitol before Johnson won the speakership for the 119th Congress on Friday, Jan. 3, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images A Republican…
Travelers walk through O’Hare International Airport in Chicago on Dec. 20, 2024. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform Hopper this month said domestic “good deal”…
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington. Lindsey Wasson | Reuters Boeing said Thursday that it likely lost about $4 billion in the fourth quarter, adding to troubles at the manufacturer, which began 2024 with…
U.S. President Donald Trump sits in the Oval Office of the White House, as he signs executive orders, in Washington, U.S., Jan. 23, 2025. Kevin Lamarque | Reuters President Donald Trump signed an executive order at the White House on Thursday to declassify government records related to the assassinations of President John Kennedy, Sen. Robert…