• May 12, 2025

Robert Half, TransUnion, Ziff Davis, ManpowerGroup, and Lucid Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

• May 12, 2025

Here's Why ICON Rebranded to SODAX and Abandoned its Layer-1

Crypto might now be in the outsourcing phase of capitalism.

• May 12, 2025

US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion

(Reuters) -The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday. Treasury reported that customs duties in April totaled $16 billion, about a $9 billion increase from the year-earlier period and far eclipsing the previous record of $9.6 billion two years earlier. The jump occurred during a month in which President Donald Trump boosted tariffs on Chinese goods to as much as 145% while slapping at least 10% levies on imports of goods from other countries.

• May 12, 2025

Anchorage Digital to Acquire USDM Issuer Mountain Protocol in Stablecoin Expansion Move

The deal aims to strengthen Anchorage Digital’s role in the institutional stablecoin ecosystem, CEO Nathan McCauley said.

• May 12, 2025

Whirlpool, Avery Dennison, International Paper, TopBuild, and LGI Homes Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

• May 12, 2025

Repligen, Bruker, Agilent, Medpace, and Revvity Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

• May 12, 2025

Solventum, Envista, ICU Medical, Globus Medical, and Enovis Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

• May 12, 2025

Rogers, Enviri, 3M, Gates Industrial Corporation, and Helios Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

• May 12, 2025

US SEC chair says agency plans to create new rules for crypto tokens

(Reuters) -Paul Atkins, the chair of the Securities and Exchange Commission, laid out his vision for overhauling the agency's cryptocurrency policies on Monday, saying he plans to establish guidelines for distributions of crypto tokens that are securities and consider whether additional exemptions are necessary. In remarks made at the outset of a public meeting of the SEC's crypto task force, Atkins also indicated that the SEC may consider tweaking its rules so that registered broker-dealers with an alternative trading system - or ATS - can also facilitate trading in non-securities, such as bitcoin or ether, the two largest cryptocurrencies. "A key priority of my chairmanship will be to develop a rational regulatory framework for crypto asset markets that establishes clear rules of the road for the issuance, custody and trading of crypto assets while continuing to discourage bad actors from violating the law," Atkins said.

• May 12, 2025

The Trump family's crypto company is going public

American Bitcoin, a new crypto mining operation started by Eric Trump, Donald Trump Jr., and data-center operator Hut 8, is merging with Gryphon Digital Mining in a stock-for-stock transaction, placing it in a position to go public on the Nasdaq by the third quarter of 2025.