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(Bloomberg) -- Carlos Slim, Latin America’s richest man, plowed $1 billion this year into growing his crude-oil producing and refining portfolio in a bet that demand for fossil fuels isn’t going away anytime soon.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Slim, 84, made his fortune largely by building the telecom behemoth America Movil SAB, but has diversified in recent years into other assets including the oil investments, real estate in Spain and a new

(Bloomberg) -- Canadians are less optimistic about the direction of their economy than they’ve been in more than a year, as Donald Trump’s tariff threats create uncertainty for one of the largest US trading partners. Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024The Bloomberg Nanos Canadian Confidence Index, a measure of sentiment based on weekly polling, extended its declines to reach 49.08, the lowest level since November 2023. A reading below 50 indicates

Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for President-elect Donald Trump.

On Monday, Janover Inc (NASDAQ:JNVR) announced it will begin accepting payments in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) for select services. The company's decision aligns with the increasing support for digital assets in domestic policy and broader financial markets. Chairman and CEO Blake Janover flagged the broadening acceptance and potential for digital currencies like Bitcoin, citing companies like MicroStrategy Inc (NASDAQ:MSTR) that have successfully tapp

Thanks to this year's rally in Bitcoin (CRYPTO: BTC), which recently broke through the $100,000 price level, the concept of a strategic Bitcoin reserve has rapidly transformed from an arcane campaign issue into an economic idea worthy of serious consideration. From a conceptual standpoint, the strategic Bitcoin reserve is similar to the Strategic Petroleum Reserve, created in 1975 in response to the energy crisis of that era. According to Michael Saylor, founder and Executive Chairman of MicroStrategy, the strategic Bitcoin reserve would help stabilize the U.S. economy, strengthen the U.S. dollar, and establish the U.S. as the global leader in the digital economy.

In a year that proved the vanishing difference between virality and traditional fame, one moment stood apart.

The focus on AI advancements was a key topic during a strategy meeting earlier this month.