finance – Page 4 – One America News Network

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic

Bitcoin tops $106,000, hopes grow for strategic reserve

Bitcoin hit a record high above $106,000 after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.

WASHINGTON, DC - APRIL 07: A small sign indicates the headquarters of the Internal Revenue Service on April 07, 2023 in Washington, DC. The Treasury Department announced an $80 billion plan for the IRS to become a “digital first” tax collector and focus on improving customer service and cracking down on tax evasion by corporations and the wealthy. (Photo by Chip Somodevilla/Getty Images)

2 Tax Preparers Hit With Federal Indictment After Allegedly Defrauding Over $65M In Pandemic Relief Funds

Federal prosecutors have charged two tax preparers for allegedly defrauding $65 million from the federal government during the COVID-19 pandemic.

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 26, 2024, in New York City. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’

The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon.

NEW YORK, NEW YORK - NOVEMBER 11: New York City Mayor Eric Adams joins others in the 105th annual Veterans Day Parade on November 11, 2024, in New York City. Hundreds of people lined 5th Avenue to watch the biggest Veterans Day parade in the United States. This year's event included veterans, active soldiers, police officers, firefighters, and dozens of school groups participating in the parade, which honors the men and women who have served and sacrificed for the country. (Photo by Spencer Platt/Getty Images)

NYC Mayor Eric Adams Refuses To Denounce Trump On ‘The View’ Despite Persuasion From Liberal Hosts

New York City Mayor Eric Adams refused to condemn President-elect Donald Trump during a Friday filming of “The View,” despite being prompted and set up to do so multiple times by the program’s co-hosts.

A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly

S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings

Wall Street’s main indexes opened higher on Tuesday, as investors shifted their attention to the upcoming third-quarter earnings season and inflation data for hints on the Federal Reserve’s future rate decisions.

NEW YORK, NEW YORK - SEPTEMBER 20: First Deputy Mayor, NYC Office Of The Mayor, T.H. Sheena Wright speaks during the 2023 Concordia Annual Summit at Sheraton New York on September 20, 2023 in New York City. (Photo by John Lamparski/Getty Images for Concordia Summit)

NYC Deputy Mayor Sheena Wright: Latest Mayor Adams Official To Step Down Amidst Federal Investigations

First Deputy Mayor Sheena Wright will reportedly be the next high level official forced to resign under the leadership of NYC Democrat Mayor Eric Adams, amidst federal probes that have resulted in Adams’ indictment on federal corruption charges.