According to cryptocurrency tracking website CoinMarketCap, Donald Trump’s meme coin $TRUMP has hit nearly $11 billion in market value. At the time of this writing, it is valued at $52.71, up from less than $10 on Saturday. It hit a peak at $74.59 on Sunday. The digital token was launched on Friday, and its branding…
After the Supreme Court decided to uphold the TikTok ban on Friday, the app went dark in the U.S. on Saturday night for the 170 million Americans who use it with the message, “Sorry, TikTok isn’t available right now.” However, the app was back by midday Sunday, though still unavailable on app stores. TikTok thanked…
Starbucks Chairman and Chief Executive Officer Brian Niccol told employees that the company will be conducting corporate layoffs this spring in a new memo. The notice was also posted on the company’s website on Friday. Since joining the coffee chain in September, Niccol has begun a bevy of changes, including a revamped code of conduct…
Business is big on many fronts for President Donald Trump as he was sworn in for his second term today in Washington, D.C. (His meme coin $TRUMP hit nearly $11 billion in market value since its launch on Friday.) Trump took his oath of office inside the U.S. Capitol Rotunda rather than outside the West…
President Donald Trump was sworn in on Monday as the 47th U.S. president. Incoming White House officials told reporters that Trump would sign executive orders in his first days in office, and possibly at his rally Monday evening. The orders are expected to address economic issues like inflation and tariffs, reiterating remarks made by the…
What is the big AI announcement happening this month? OpenAI is reportedly set to announce an AI breakthrough in the coming weeks—AI that can do Ph.D.-level tasks, potentially replacing complex human work, Axios reported on Sunday. CEO Sam Altman has scheduled a closed-door briefing with the U.S. government in Washington D.C. on January 30, according…
In 2024, a Pew Research poll found that only 23% of Americans viewed the U.S. economy in positive terms, as excellent or good. But the U.S. economy grew last year, according to data from the U.S. Commerce Department’s Bureau of Economic Analysis (BEA). The United States’ gross domestic product (GDP) increased from $27.72 trillion in…
The Supreme Court ruled to uphold the TikTok ban on Friday, which is set to go into effect on January 19. TikTok and its parent company, China-based ByteDance, had asked the Court to pause the deadline imposed by U.S. lawmakers last spring that forces ByteDance to sell the app or face being banned. The hearing…
Mark Cuban has been one of Bluesky’s most vocal supporters in recent months. And now that the Supreme Court has upheld the TikTok ban, the billionaire entrepreneur is looking for something new. “I appreciate everyone reaching out to me to try to come up with a TikTok alternative in case it closes,” Cuban posted on…
Opinions expressed by Entrepreneur contributors are their own. The era of easy website traffic is over. With AI-powered search summaries like Google’s AI Overviews already slashing organic traffic by as much as 64%, businesses that rely on traditional SEO are facing a crisis. In this video, I reveal the stark reality of the changing digital…
Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by 2026. According to a new report from Bloomberg, Citigroup laid off several managing directors in its Wealth at Work unit this week, which offers services to clients at professional services firms. The bank also let…
