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China steps in as US pulls back from diplomacy, report says
WASHINGTON (Reuters) -China is increasing its diplomatic reach as President Donald Trump’s administration pares back America’s international presence, Democrats from the U.S. Senate Foreign Relations Committee said in a report released on Monday.The report, the result of months of staff travel and research, w … Read More >>

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Trump’s spending bill will likely boost costs for insurers, shrink Medicaid coverage
NEW YORK (Reuters) -President Donald Trump’s spending bill is set to raise administrative costs and make managing costs more difficult for insurers like UnitedHealthcare and CVS Health’s Aetna that operate Medicaid health plans, experts say.As a result, those insurers will likely pull back their Medicaid cove … Read More >>

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Trump to unveil $70 billion in AI and energy investments
Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David McCormick, who is hosting the first Pennsylvania Energy and Innovation Summit at Carnegie Mellon University.McCormick’s office did not respond on Monday to requests for details o … Read More >>

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Bitcoin rally driven more by institutional demand than speculation
(Reuters) -As bitcoin hit a record high on Monday, evidence from institutional flows and derivatives suggested its rally might be more stable and lasting than previous speculative runs. Bitcoin crossed $120,000 for the first time on optimism over upcoming U.S. House discussions on digital asset regulation, ex … Read More >>

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