US Treasury watchdog begins audit of DOGE access to federal payment system, AP reports
WASHINGTON (Reuters) – The Treasury Department’s inspector general said on Friday it began an audit of security controls for the U.S. government’s payment system, the [more…]
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
By Lisa Pauline Mattackal (Reuters) – The rise of “pig butchering” scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto [more…]
Silver catches a lift from gold’s bull run to eye 10-year peak
By Brijesh Patel and Daksh Grover (Reuters) – Silver prices hit their highest since late October on Friday, latching on to factors that drove gold [more…]
Banks sell down more X debt; just $1.3 billion now left on their books
By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed the $13 billion debt supporting [more…]
Explainer-Are Trump’s mass firings of federal workers legal?
By Jack Queen and Daniel Wiessner (Reuters) – President Donald Trump has moved to dramatically shrink the size of the federal workforce and mass terminations [more…]
Exclusive-Trump prepares to change US CHIPS Act conditions, sources say
By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has [more…]
Trump says TikTok deadline could be extended
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Donald Trump said on Thursday that his 75-day delay in enforcing a ban on the popular short-video app [more…]
Judge pauses Trump plan to put USAID workers on leave for another week
By Blake Brittain WASHINGTON (Reuters) -A federal judge on Thursday extended a pause on the Trump administration’s plan to put thousands of U.S. Agency for [more…]
Miner Vale to announce $12 billion investment to expand Carajas site, Brazil government says
SAO PAULO (Reuters) – Brazilian miner Vale will announce on Friday a 70 billion real ($12.2 billion) investment to expand its iron ore and copper [more…]
Musk’s DOGE cuts based more on political ideology than real cost savings so far
By Tim Reid, Helen Coster and James Oliphant WASHINGTON (Reuters) – The first phase of the rapid-fire effort by Tesla CEO Elon Musk and President [more…]