Trump’s 80% stake in his memecoin is a ‘huge red flag’ for investors because of a potential rug pull that would rocket the president’s net worth

Trump’s 80% stake in his memecoin is a ‘huge red flag’ for investors because of a potential rug pull that would rocket the president’s net worth

Trump could multiply his estimated wealth if his family’s conglomerate suddenly sells its substantial ownership in the token, finance professor Leonard Kostovetsky says. Read More [og_img] 2025-01-22 19:59:00 #Trumps #stake #memecoin #huge #red #flag #investors #potential #rug #pull #rocket #presidents #net #worth

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US equities gain as tech stocks add to Trump bump

Open the White House Watch newsletter for free Your guide to what the 2024 US elections mean for Washington and the world The US S&P 500 hit a new intraday high on Wednesday after bumper Netflix results added fuel to a rally driven by a wave of US President Donald Trump’s “America First” policy announcements….

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Donald Trump threatens tax war over US multinationals

Open the White House Watch newsletter for free Your guide to what the 2024 US elections mean for Washington and the world Donald Trump has ordered officials to institute retaliatory measures against countries that impose “extraterritorial” tariffs on US multinational companies, in a move that threatens to spark a global showdown over tax systems. The…

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UK wage growth accelerates to 5.6%

Stay informed with free updates Simply sign up Employment in the United Kingdom myFT Digest – delivered straight to your inbox. UK wage growth accelerated in the three months to November, even as employers cut jobs following the Labor government’s tax hike budget, official data showed on Tuesday. The Office for National Statistics said salary…

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Apple hit by Belgian probe over ‘blood minerals’ from Congo

Open Editor’s Digest for free Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter. Belgium has launched a criminal investigation into allegations that Apple intentionally obtained “blood minerals” from the Democratic Republic of Congo, in what lawyers for the Central African country described as a “large-scale greenwashing and laundering…

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