JUST IN: ⚡ OpenAI is seeking a $30 billion funding round at a $1.4 trillion valuation.
JUST IN: 🇺🇸 Illinois has published draft rules that would tax crypto transactions regardless of whether they result in a profit or a loss, with the regime set to take effect in 2027.
JUST IN: 🚨 Jim Cramer says he believes a short squeeze in the bond market could actually happen.
JUST IN: 🚨 Robinhood ($HOOD) has rolled out perpetual futures trading for both crypto and stocks.
JUST IN: 🇺🇸 President Trump says Americans should trust AI companies to regulate themselves.
JUST IN: 🇺🇸 Morgan Stanley has set up a "Digital Asset Lab" to trial crypto infrastructure for Wall Street.
JUST IN: 🇺🇸 The US Treasury will conduct another buyback of up to $6 billion in longer-dated debt tomorrow.
JUST IN: 🚨 A new stablecoin, Open USD (OUSD), has gone live with backing from Visa, Stripe, Shopify, Coinbase and Mastercard. The token is launching on Solana, Base, Ethereum and Tempo with $1 billion in initial liquidity.
JUST IN: 🇺🇸 The US Senate is set to vote on legislation barring members of Congress and their families from buying or selling stocks, though lawmakers would not have to divest holdings they already own.
JUST IN: 🇺🇸 Markets no longer expect the Federal Reserve to raise interest rates at the upcoming FOMC meeting.
JUST IN: 🇺🇸 Meta labeled Mark Zuckerberg a "researcher" to secure a $355 million tax break tied to his $4 billion compensation, and the IRS is now seeking to claw back those savings.
JUST IN: 🇺🇸 SEC Chair Paul Atkins says the regulator is working to deliver regulatory clarity for crypto and innovation in digital finance.
JUST IN: 🇺🇸 Florida Governor Ron DeSantis says the United States should "never" adopt a Central Bank Digital Currency.
JUST IN: 🇺🇸 OpenAI chief Sam Altman will not attend a Congressional hearing on artificial intelligence.
JUST IN: 🇺🇸 Trump says Federal Reserve Chair Jerome Powell should be "forced to resign" from the board.
JUST IN: 🚨 Google has officially introduced 'Gemini 4', which it describes as its most powerful AI model to date.
JUST IN: 🚨 A former senior Federal Reserve official was blackmailed by a Chinese spy after using an Asian dating site and sending nude photos from his government-issued phone.