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  • 19:54
    Federal Reserve: Milan sworn in as Federal Reserve Governor
    BlockBeats News, on September 16, the Federal Reserve announced that Stephen Milan was sworn in as a member of the Federal Reserve Board of Governors before the Federal Open Market Committee meeting. (Golden Ten Data)
  • 19:53
    American Bitcoin under the Trump family rings the bell for listing on Nasdaq today
    BlockBeats News, on September 16, the Trump family-backed bitcoin mining company American Bitcoin ($ABTC) rang the bell and was officially listed on Nasdaq today. As previously reported by BlockBeats, on September 3, the Trump family-backed bitcoin mining company American Bitcoin applied to raise up to $2.1 billions through a public offering. American Bitcoin will be listed this Wednesday and, after completing its merger with Gryphon Digital Mining, will be officially listed on the Nasdaq Stock Exchange. Donald Trump Jr., Eric Trump, and mining company Hut 8 will jointly own 98% of the shares of the new merged entity. The new entity will retain the name American Bitcoin and will trade under the stock ticker ABTC.
  • 19:53
    UK Shelves Steel Tariff-Free Quota Plan for US, Shifts to Negotiating "Permanent 25% Tariff"
    BlockBeats News, September 16, according to the Financial Times, UK Prime Minister Starmer has shelved the idea of "granting UK steel exports a certain quota of zero tariffs to the United States," and instead prefers to negotiate with Trump to secure a "permanent" 25% tariff treatment for all UK steel export products. Allies of Starmer revealed that if UK steel exports can obtain a fixed 25% tariff commitment, it will provide "certainty" for the industry and give it a competitive advantage—since this rate is only half of the 50% tariff paid by other countries. UK government officials stated that, at present, there is no "formal agreement" to make the 25% preferential tariff for UK steel a "permanent treatment," but it is expected to be announced during Trump's three-day state visit to the UK starting on Tuesday.
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