Donald Trump News

Subscribe to enjoy similar stories. Bitcoin traded above $100,000 for the first time, powered by a wave of investors betting that President-elect Donald Trump will turn U.S. government policy into an engine of growth for crypto.

Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on

Amazon founder Jeff Bezos says he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming years

OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions «profoundly un-American.» Speaking at the New York Times DealBook conference, Altman addressed concerns about Musk's announced role heading a new Department of Government Efficiency in the incoming Donald Trump administration, and whether he might use it to favor his own companies. «I may turn out to be wrong, but I believe pretty strongly that Elon will do the right thing,» Altman said. «It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses.»

OpenAI CEO Sam Altman is locked in a legal dispute with rival Elon Musk

U.S. stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results

NEW YORK — Federal Reserve Chair Jerome Powell said Wednesday he isn't worried that President-elect Donald Trump will try to politicize the central bank once he takes office in January.

Britney Spears announced her decision to move to Mexico as a means of escaping the relentless scrutiny and cruelty of the paparazzi specifically on her 43rd birthday which was on December 2, reported E! News. According to E! News, in a pretty emotional Instagram video, she eventually expressed her hurt over how the media portrays her while stating that it often feels dehumanizing and has made her look unrecognizable. Britney Spears has long faced harsh treatment from paparazzi which she eventually described as ‘extremely mean and cruel’. Also Read: Bill Maher may quit his talk show very soon and he has cited this reason for it

Bill Maher is contemplating quitting his long running HBO talk show ‘Real Time’ due to his exhaustion with discussing US President- elect Donald Trump, reported Express US. According to Express US, during a recent episode of his ‘Club Random’ podcast with actress Jane Fonda, Bill Maher expressed his frustration while stating that he is actually scared about the prospect of Donald Trump's second term and eventually indicated that he might no longer want to cover political topics dominated by Donald Trump. He has been pretty vocal about his disdain for Donald Trump since before the 2016 US Presidential election while labeling him a ‘con man’ and a ‘mafia boss’.

Hegseth’s second marriage to Samantha Deering ended in 2017 after he fathered a child with Fox News producer Jennifer Rauchet. The pair married in 2019 at a Trump golf course in New Jersey. These personal controversies have raised questions about Hegseth’s character and suitability for overseeing a defense budget of $900 billion and 1.3 million active-duty personnel. Also Read: Who is the crypto king who ate a $6.2 million banana? Here's what he has done to impress Donald Trump

US officials told the ABC that Chinese hackers have exploited weaknesses in the communications networks of the nation's top telecommunications companies. The FBI and Homeland Security acknowledged the breach, stating China stole a “large amount of data.”

Pete Hegseth, President-elect Donald Trump’s pick to lead the Department of Defense, once shouted at a bar 'kill all Muslims' in a drunken state. The former Fox News host once drunkenly shouted “kill all Muslims!” in the middle of a bar while serving as the president of a veterans’ group, according to a report in The New Yorker. Pete Hegseth was pushed out as the head of two veterans' advocacy organisations amid internal allegations of mismanagement and personal misconduct. The two non-profit advocacy groups — Veterans for Freedom and Concerned Veterans for America — both led by Hegseth have the recording apart from other evidence of financial mismanagement and inappropriate sexual advances, according to the report. Reacting to the fresh claims, Hegseth's lawyers said these outlandish claims must have come from a «petty and jealous disgruntled former associate».

Subscribe to enjoy similar stories. Saudi Arabia’s sway over the Organization of the Petroleum Exporting Countries long meant unquestioned dominance of the global oil market. Those days are over, at least for now.

Bank of America is betting heavily on behalf of the American economy as it has claimed that the US economy is poised for solid growth in the coming year, with chances that the annualized rate of economic growth could surge to 2.4% in 2025, instead of the usual 2% every other year, according to a Bloomberg report. The US economy-related predictions from Bank of America comes in even after there are growing concerns about Donald Trump's economic policies which are reportedly inflationary in nature. The various campaign promises about illegal immigration, imposing tariffs on foreign imports, along with tax cuts for corporations, could all pile up and generate a condition for an epic inflation in the American markets in 2025, according to many market experts. Also Read: This property in the US is the most expensive; here is its whopping cost, is it worth that much? Finding a buyer may be difficult

Subscribe to enjoy similar stories. The global economy is set to grow at slightly a faster pace next year as inflation continues to cool, but could falter if tariffs rise and governments fail to narrow wide budget deficits, the Organization for Economic Cooperation and Development said Wednesday. In a quarterly report, the Paris-based research body said it now expects the world economy to grow by 3.3% next year, a pickup from the 3.2% rate of expansion it estimates for this year.

Subscribe to enjoy similar stories. Several of President Biden’s close confidants for months said privately that they expected him to pardon his son Hunter, even as he publicly insisted he wouldn’t. But a number of recent events clinched his decision to act despite the likely public backlash, people familiar with the matter said.

From Donald Trump’s promises of a national Bitcoin stockpile to Kamala Harris’ support of a regulatory framework for digital assets, the two US presidential hopefuls have different stances on the future of crypto. 

«I would simply say in conclusion that Donald Trump does not like a strong dollar. When he talks about the dollar, he says he would want it to go down. So, if it does keep going up, I think that he would not like that very much,» says Mark Matthews, Julius Baer. What looks like a buy America, sell emerging market trade looks like it is reversing. In last couple of days, emerging markets and especially India, they have made a comeback. So, do you think the transition what we saw after Donald Trump got elected, that long dollar trade, is that getting over? Is that getting rusty? Mark Matthews: Hard to say. There are so many moving parts to this incoming administration. But on a fair value purchasing power basis, the dollar is slightly overvalued. So, fundamentally, it should not go up anymore. But if this Trump administration really ignites the animal spirits of the US economy, if they remove sanctions, which they may do, which would attract more buying of treasuries, and if they introduce tariffs, all of that would conspire to the dollar going up more.

Asian markets are mostly lower after overnight political drama in South Korea added to regional uncertainties