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US economic growth steady in 2024 as Trump takes office
US economic growth steady in 2024 as Trump takes office

The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed Thursday, signaling its resilience as President Donald Trump takes over the reins. Consumer spending, investment and government spending were among the drivers behind last year's growth, according to Commerce Department data.

El Salvador merchants no longer obliged to accept bitcoin
El Salvador merchants no longer obliged to accept bitcoin

Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the cryptocurrency as payment, under a reform adopted to comply with conditions for an international loan. The IMF had said the loan was "to address balance of payment needs and support the government’s economic reforms."