Truth Social owner Trump Media & Technology Group announced Wednesday it plans to expand into financial services and potentially buy bitcoin and other cryptocurrencies. Shares of Trump Media (DJT) climbed 8% on the news.

Trump Media says the president's company will expand into various investment products and areas of unregulated "decentralized finance," it announced Wednesday.

Trump Media and Technology Group Corp. said it will start a financial-services brand called Truth.Fi — the latest move by a Donald Trump-linked business to push into finance during his presidency.

The Federal Reserve left interest rates unchanged Wednesday, amid a cloudy economic outlook and concerns that some of President Donald Trump’s policies could stymie the fight against inflation. Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between September and December of last year.

The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,

The Federal Reserve has left US interest rates on hold and has signalled that it is in no rush to adjust monetary policy, defying pressure from President Donald Trump for deep reductions in borrowing costs.