Crypto markets will enter “up only” mode once the United States Treasury hits its target goal of filling the General Account (TGA), the Treasury Department’s bank account, with $850 billion, according to Arthur Hayes, co-founder of the BitMEX crypto exchange. “With this liquidity drain complete, up only can resume,” Hayes wrote on Friday as the […]
Trump’s ‘no tax on tips’ deduction — Treasury, IRS release details
Ugur Karakoc | E+ | Getty Images The U.S. Department of the Treasury and the IRS on Friday issued proposed regulations with more details about President Donald Trump‘s “no tax on tips” deduction. Enacted via Trump’s “big beautiful bill” in July, the provision allows certain workers to deduct up to $25,000 in “qualified tips” per […]
NBA star Kevin Durant can’t unlock his Coinbase bitcoin account
Kevin Durant #35 of the Phoenix Suns looks on during the second half against the Houston Rockets at PHX Arena on March 30, 2025 in Phoenix, Arizona. Chris Coduto | Getty Images NBA superstar Kevin Durant can’t find the password to his Coinbase account, which holds bitcoin that he began buying in earnest when he […]
Glenn Close reveals nude scene in ‘The Summer Book’ was her idea
NEWYou can now listen to Fox News articles! Glenn Close is not afraid to bare it all for the camera. During a recent interview with AARP’s Movies for Grownups, the 78-year-old actress shared she wasn’t nervous about appearing fully nude in her new film, “The Summer Book.” “It was my idea,” she revealed. “I thought […]
Donald Trump Is Saying There’s a TikTok Deal. China Isn’t
US efforts to ban TikTok started during Trump’s first term in 2020. Months before he left office, Trump threatened to ban TikTok and another Chinese app WeChat. The Biden administration rescinded Trump’s executive orders on the topic but continued to scrutinize TikTok. The US congress eventually passed the Protecting Americans from Foreign Adversary Controlled Applications […]