Good morning. Happy Monday, It’s Monday, July 6. — let’s make this week count.
Nearly a million people bought into President Trump’s crypto coin, and new figures show they collectively lost $3.8 billion while he personally pocketed hundreds of millions. It’s the starkest example yet of a sitting president’s personal financial ventures colliding with his own supporters’ interests.
Today we are covering:
Nearly a million investors lost $3.8 billion on Trump’s crypto coin, while he personally profited $636 million
Xbox to cut 3,200 jobs and divest five studios in the most significant restructuring in its history
Apple’s foldable iPhone may repeat the iPhone X playbook: joint debut, later launch, tight supply
