US dollar weakness drives portfolio diversification to Switzerland
Wealthy Americans are increasingly turning to Swiss banks for asset security amid political and economic volatility in the United States....
Tag : trump administration
Banks to enter crypto sector as FDIC relaxes regulatory stance
The Trump administration is moving to allow banks to offer crypto services, with the FDIC revising guidelines to open the sector to traditional financial institutions....
Trump targets China, EU, and Canada in fresh tariff threats
Trade tensions rise as Trump considers tariffs on China and the EU. Canada warns of countermeasures, while China calls for cooperative solutions to trade disputes....
Tesla’s stock falls 7% after missing quarterly and annual delivery estimates
Tesla reports its first annual decline in deliveries, falling short of forecasts, as competition intensifies and Cybertruck demand struggles amid price cuts and incentives....
Dollar strengthens in 2024 as markets brace for cautious Fed policies
The U.S. dollar posted strong gains in 2024, boosted by higher Treasury yields and a cautious Fed policy outlook, while markets braced for economic shifts...
Trump appoints Indian-American Sriram Krishnan as AI policy advisor
Sriram Krishnan has been appointed as senior AI policy advisor in the Trump administration, set to shape federal AI strategies with a focus on innovation...