President Trump is expected to announce $700 million in federal support for coal plants, new projects and a coal export terminal. The plan drew praise from the coal industry and sharp criticism from environmental groups.
Posts published in “Financial”
SpaceX is seeking to raise $75 billion in a record IPO that would value the company at roughly $1.75 trillion. The company proposed a $135 share price ahead of an expected Nasdaq debut next week, though the final price remains uncertain.
The Trump administration proposed tariffs of 10% to 12.5% on 60 trading partners, accusing them of failing to block imports made with forced labor. The duties would affect countries accounting for nearly all U.S. imports but must clear a comment process before taking effect.
The Trump administration proposed 25% tariffs on Brazilian imports after a Section 301 investigation into trade practices including digital trade, deforestation and anti-corruption enforcement. Brazil’s President Luiz Inácio Lula da Silva denounced the move and said his government could retaliate.
Anthropic has confidentially filed for a U.S. IPO, setting up a potential public-market debut near a $1 trillion valuation. The Claude maker is moving as OpenAI and SpaceX also prepare major listings.
Barry Diller's People Inc. offers $48.30 per share to buy remaining MGM Resorts stock, valuing the casino operator at over $18 billion. The move follows a six-year investment and aims to take MGM private amid industry consolidation.
The Treasury Department is preparing a $250 bill featuring President Donald Trump’s portrait, pending congressional approval. The bill would be the first U.S. currency to depict a living person in over 150 years as part of the nation’s 250th anniversary celebrations.