US dollar weakness drives portfolio diversification to Switzerland
Eurowire News Desk: A growing number of wealthy Americans are moving their assets to Switzerland amid renewed political and financial uncertainty in the United States....
Tag : trump administration
Banks to enter crypto sector as FDIC relaxes regulatory stance
In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the...
Trump targets China, EU, and Canada in fresh tariff threats
U.S. President Donald Trump has announced he is considering a 10% tariff on Chinese imports, potentially taking effect as early as February 1. The proposed...
Tesla’s stock falls 7% after missing quarterly and annual delivery estimates
Tesla Inc. reported its fourth-quarter and year-end vehicle production and delivery results, revealing the company's first-ever annual decline in deliveries. Tesla disclosed 495,570 vehicle deliveries...
Dollar strengthens in 2024 as markets brace for cautious Fed policies
The U.S. dollar ended 2024 with significant gains against most global currencies, supported by higher Treasury yields and reduced expectations for aggressive Federal Reserve rate...
Trump appoints Indian-American Sriram Krishnan as AI policy advisor
President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan is set to collaborate with...