By Gram Slattery WEST PALM BEACH, Florida (Reuters) -President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal, accusing Panama of charging excessive rates to use the Central American passage, which allows ships to cross between the Pacific and Atlantic oceans. Speaking to a crowd of supporters in…

The stablecoin market went from promising to explosive in 2024. It started the year with a market cap of around $135 billion. By December, that number shot past $200 billion—a more than 50% increase. And since the November elections, it’s grown another 15%. But don’t think for a second this…

Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has grown rapidly, now approaching 6 billion in supply. Meanwhile, Usual’s USD0 supply has crossed the 1 billion threshold. Ethena’s USDE and Usual’s USD0 Shake Up…

POLITICS

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WASHINGTON (Reuters) – U.S. President-elect Donald Trump plans to issue a flurry of executive orders and directives on his first day in office on Jan. 20, to put his stamp on his new presidency on everything from immigration to energy. Sources have told Reuters that on Day One he plans to release at least 25 orders, with more coming in the days and weeks following. Here is what we know about the executive orders so far: IMMIGRATION Many of the actions that the Republican plans on his first day as president are aimed at ramping up immigration enforcement and following…

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Investing

The Federal Reserve cut interest rates by an “historic” 50 basis points. Then, interest rates soared. Wait. What? The Federal Funds Rate is a target (technically a target range) that influences short-term rates in the economy. Money market funds, for example, pay interest based on this benchmark. They pay 0.5%…