Burnham vows to tackle cost of living as he chairs first Cabinet meeting
Britain's new Prime Minister Andy Burnham has chaired his first Cabinet meeting, pledging to make the cost of living his government's central priority...
U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
The filings show Trump's companies received nearly $800m from World Liberty Financial, a crypto venture he co-founded with his sons and the sons of his special envoy, Steve Witkoff.
Trump also reported earning $635m from the sale of his Trump meme coin, despite the coin's value falling sharply since its launch three days before he took office.
After taking office, Trump introduced a series of policies welcomed by the cryptocurrency industry, including implementing federal rules for stablecoins and scaling back enforcement by the U.S. Justice Department and the Securities and Exchange Commission.
Reuters has estimated the Trump family has earned at least $2.3bn from crypto-related projects since Trump returned to the White House in 2025.
White House spokesperson Anna Kelly denied any conflict of interest, saying neither the president nor his family had ever engaged, or would ever engage, in such conduct.
"President Trump proudly made the United States the crypto capital of the world through executive actions," she said.
In 2025, the president also reported more than $80m in income from settlements with several media companies, as well as $52m from licensing his name to overseas property developers, mainly through deals with Middle Eastern partners.
The White House has previously said the president's business interests are overseen by his children. However, Trump remains the beneficiary of the trust that ultimately receives the income.
While cryptocurrency was by far Trump's biggest source of income, his traditional businesses, particularly his golf courses and resorts, continued to generate millions of dollars.
Income from Trump's real estate business, the industry that made his name, grew at a more modest pace. He reported earnings from a dozen major commercial property ventures, most of them involving buildings he developed or acquired decades ago.
He also earned millions from Trump-branded Bibles, watches and other merchandise. The White House has denied that he is profiting from the presidency.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 20th July, covering the latest developments you need to know.
At least six people were killed and 21 others injured after two earthquakes struck Peru's central Junín region, destroying dozens of homes and triggering a major emergency response.
Kylian Mbappé has become the first player to win the FIFA World Cup Golden Boot on more than one occasion. The French forward won the award presented to the top goalscorer of the tournament for the second time, despite France being knocked out in the semi-finals.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
Spain are world champions for the second time after Ferran Torres' extra-time winner secured a 1-0 victory over Argentina in the 2026 FIFA World Cup final at New York New Jersey Stadium.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
Apple is closing in on Nvidia's position as the world's most valuable publicly traded company, as investors increasingly bet the iPhone maker can turn artificial intelligence into sustained earnings growth.
AI-powered shopping assistant Phia has been accused of using "cookie stuffing" to claim affiliate commissions for purchases it did not generate, according to a Bloomberg investigation. The company says the issue has now been resolved.
The UK government has nationalised British Steel, taking full ownership of the country's only primary steelmaker from its Chinese owners to safeguard the future of the UK's steel industry.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
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