President Donald Trump, inaugurated Monday, didn't miss a beat in getting right to work. In just five days, he has signed a slew of executive orders related to artificial intelligence; cryptocurrencies; and diversity, equity and inclusion, also known as DEI, and he's promising a shakeup within the federal workforce.
In this edition of the FOX Business Rundown we highlight Trump's biggest business moves.
All three of the major U.S. averages clocked weekly gains, even with a drop on Friday.
The S&P 500 hit an all-time high earlier in the week before pulling back. Still, the benchmark remains above 6,000.
President Trump rolled out a $500 billion investment called Stargate geared toward advancing AI with Oracle, Softbank and OpenAI…The venture is expected to be a game changer for cancer detection, Oracle's Larry Ellison explained…However, the deal did not come without controversy within the tech community…
OpenAI CFO Sarah Friar sets the record straight on Stargate.
Trump, who spoke remotely before the World Economic Forum in Davos, Switzerland, called out Bank of America CEO Brian Moynihan over his bank's alleged discrimination against conservativesHis surprise slam reignited how some U.S. banks have allegedly "debanked" some groups over their political or religious affiliations, a practice the banks dispute…
: Trump took a hammer to DEI with an executive order, empowering government agencies to do the same…On Friday, Target rolled back its DEI push, following other retailers, including Walmart and Lowe's…
Trump also reiterated his promise of tax cuts, including a corporate rate as low as 15%The president is also inheriting a fiscal tsumani…
Former Trump economic advisor Larry Kudlow highlights the new administration.
Trump, keeping good on his promise, rolled out big changes for the crypto community, which investors say will help the industry thrive in the U.S.…Crypto czar David Sacks, in a FOX Business exclusive, said Trump will bring the industry back to America after former President Biden drove it away…
Investor David Sacks talks about crypto's possibilities under Trump.
Bitcoin bounced between losses and gains this week but remains above the $100,000 level and has advanced over 10% this year…
Energy groups celebrated Trump's campaign mantra, "Drill Baby Drill," as he promises big changes ahead…
Trump sent OPEC nations a serious warning.
Trump ends federal workers working from home and promises other big cuts…
The FOX Business Rundown Podcast –
FOX Business podcasts (Fox Business)
– Looking for more business and market-moving headlines? Find more from FOX Business here.
– Want live updates? Get the FOX Business app here.
– Did someone forward you this email? Subscribe to from Fox News and FOX Business here.