
Tesla shares are near a one-year high, with the latest gain of 4.1%.
The Trump administration has launched a plan to recruit 1,000 engineers for a two-year term in the federal government, according to a government website. The administration is looking for people with expertise in software engineering, artificial intelligence, cyber security and data analytics, according to the website. The engineers will be assigned to positions within government entities, most of them in Washington, D.C. The website also shows that some private companies have pledged to conside...
President Trump: A new chairperson of the Federal Reserve will be selected soon, and the new Fed chairperson may be inclined to push interest rates down. Inflation is completely contained, and we don't want deflation. Deflation is worse than inflation in many ways.

New York state legislation now mandates AI disclosure in advertising, while SAG-AFTRA lobbies for nationwide No Fakes Act protections.
According to market news, the U.S. Congress is urging the Securities Exchange Commission (SEC) to approve bitcoin and other cryptocurrencies for inclusion in 401 (k) retirement plans. Members of the House Financial Services Committee sent a letter to SEC Chairperson Paul Atkins, urging him to update securities rules so that...
On December 10, Spencer Hallarn, head of GSR over the counter, said: "I think most of the bulls in the market have been pretty much purged and a basis for suspicion has been established. Perpetual contract funding rates are very low or even negative, indicating that there is not much leverage in the market. Taken together, this structure is actually quite positive for the Santa rally. I think the market outlook for the end of the year is good."
According to Bloomberg, payments giant Stripe and crypto venture capital firm Paradigm announced on December 9 that their jointly developed blockchain project Tempo is open to the public for testing, allowing any enterprise interested in developing real-world stablecoin payment applications to participate. The public beta also added Kalshi and UBS as partners.
U.S. Congresswoman Marjorie Taylor Greene has just revealed that she has been buying bitcoin.
The Government Accountability Office confirmed on Thursday that it had opened an investigation into Bill Poulter, the head of the Federal Housing Finance Agency, who has drawn ire over his attacks on Mr. Trump's opponents, according to the AXIOS website. A spokesperson for the agency said: "I can confirm that the Office has accepted requests for an investigation in accordance with standard processes. It may take several months to determine the full scope of the investigation...