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Subscribe to enjoy similar stories. The wait for an end to the Gaza War seems endless, despite mounting evidence of civilian suffering. Of the over-43,000 Gazans killed after Israel began its military action in response to a horrific terror attack, 44% are children, with adult males less than a third of that toll.

Pam Bondi, the former attorney general of Florida, to be US attorney general just hours after his other choice, Matt Gaetz, withdrew his name. Bondi is a longtime Trump ally and was one of his lawyers during his first impeachment trial when he was accused — but not convicted — of abusing his power as he tried to condition US military assistance to Ukraine on that country investigating then-former Vice President Joe Biden. She has been a chair at the America First Policy Institute, a think tank set up by former Trump administration staffers. Bondi is from Tampa and spent more than 18 years as a prosecutor. She was Florida's first female attorney general.

Wall Street as investors shook off initial concerns over Nvidia Corp.’s revenue outlook. Bitcoin edged closer to $100,000 while the dollar gained. Shares in Australia and Japan advanced. An index of US-listed Chinese stocks fell 1% Thursday, running against the grain of trading in New York but partly reflecting selling in Hong Kong stocks in their most recent session.

Donald Trump tapped Pam Bondi, a staunch ally who helped defend the ex-leader against impeachment, as US attorney general on Thursday following firebrand Matt Gaetz's withdrawal from the running. Gaetz's retreat amid sexual misconduct allegations signaled limits to Trump's power, even as the president-elect prepares to retake the White House with his Republican Party also in control of both chambers of Congress. The nomination of Bondi, a former Florida attorney general who served as a surrogate during the 2024 campaign and pushed to de-legitimize vote counting in swing state Pennsylvania in 2020, could be seen as a useful tool for Trump in his attempt to settle personal grievances.

Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin prices topped $96,000 for the first time in Asia trade, touching a high just above $96,898.

Bitcoin (BTCUSD) briefly surged past $99,000 Thursday, creating another price record as investors, big and small, can't seem to get enough of the cryptocurrency.

Joe Biden dropped out of the US election race. Joe Biden dropped out of the US Presidential election race after his dismal performance in the US Presidential debate against Donald Trump. He was presumably forced out on public opinion and approval ratings, but his resignation letter from the Presidential elections spoke otherwise. In his departing, he endorsed Kamala Harris as his successor for the Democrats, and even though things looked good for Kamala Harris until the last few weeks, things fell apart and the Republicans managed to secure a massive election victory. Meanwhile, the visitor logs of the White House from the month of July has still not been revealed publicly, which is now raising serious questions among the American public and the press corps, with some even wondering if the Democrats or Joe Biden has something to be concerned about these visitor logs.

Citadel CEO Ken Griffin issued a warning against the steep tariffs President-elect Donald Trump vowed to implement, saying crony capitalism could be a consequence.

The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism

Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday

The Biden administration is on its way out of power, but that's not ending the arguments between the administration and airlines that think they are being over-regulated

Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations

Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July

Treasury Secretary Janet Yellen said the sanctions targeting Russia's largest remaining non-sanctioned bank would further diminish Russia's military effort and «will make it harder for the Kremlin to evade U.S. sanctions and fund and equip its military.» In addition, more than 50 internationally connected Russian banks, 40 Russian securities registrars, and 15 Russian finance officials were hit with sanctions.

Russia-Ukraine war completes 1,000 days, it is veering into dangerous territory. While Donald Trump waits in the wings to take over the presidency, the Biden administration, as well as the UK, have allowed Ukraine to hit deep inside Russia with long-range missiles provided by both the countries. Russian President Vladimir Putin had earlier drawn a red line over long-range strikes into Russia with American and British missiles. He had said Ukraine is incapable of launching NATO-provisioned long-range missiles without obtaining targeting data and assistance from the US and its allies, which would mean any such attack would involve the West. In the past few days, a series of developments has brought back the fears of a wider conflict which many apprehend can even turn into a nuclear conflict. The latest is Russia firing an intercontinental ballistic missile (ICBM) from the Astrakhan region on Thursday into Ukraine, marking the first use of such a weapon in the 33-month-long war, according to Ukraine's air force. How quick moves are escalating Russia-Ukraine war

Bitcoin hit a record Thursday, topping $95,000 for the first time as it benefits from expectations that president-elect Donald Trump will push through measures to ease regulation of the unit. The digital currency reached $95,004.50 in early Asian trade, with observers expecting it to soon reach $100,000.

Donald Trump has picked a former Michigan congressman as his upcoming administration’s ambassador to Canada.Trump said in a statement that Pete Hoekstra would help him “once again put America first.”Hoekstra thanked Trump on social media platform X, saying he was honoured for the opportunity.He must still be confirmed by the U.S. Senate.Hoekstra served as U.S.

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates

As Donald Trump prepares to return to power, his victory is likely to embolden those who think they can get his ear