Donald Trump News

Elon Musk has been quite instrumental in the US Presidential elections 2024 and his contributions have been significant for Donald Trump's massive victory against Kamala Harris. Musk, after the win, has been placed as the co-head of a crucial committee for monitoring government expenses in the upcoming Trump administration, being seen as a reward for his continued support for Trump throughout the campaign season.

NASA describes the potential for an international space station leak. NASA is worried about the Russian module's structural integrity and the possibility of a catastrophic failure, according to Bob Cabana, chair of the ISS Advisory Committee. Since 2019, there has been a continuous air leak on a Russian portion of the ISS, which has NASA increasingly concerned, as quoted in a report by the People.

Brazil is pushing for concerted action to alleviate hunger as it hosts a summit of the Group of 20 leading economies amid global uncertainty over two major wars and incoming U.S. President-elect Donald Trump

One of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administr...

President-elect Donald Trump has named the senior Republican on the Federal Communications Commission as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband

Donald Trump's transition team have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department's priorities, according to people familiar with the matter. If new rules enable cars without human controls, it will directly benefit Elon Musk, the Tesla chief executive officer and Trump mega-donor who's become a powerful fixture in the president-elect's inner circle. He's bet the future of the EV maker on self-driving technology and artificial intelligence. Tesla's stock rose more than 7% shortly after the market open Monday, extending their 28% advance since election day. Shares of Uber and Lyft, who could face competition from Musk's long-planned robotaxi network, each fell more than 6% in intraday trading.

International Development Association fund for the world's poorest countries, two sources with knowledge of the commitment said on Monday. Biden announced the U.S. pledge during a closed session of the Group of 20 summit in Rio de Janeiro, according to the sources, who spoke on condition of anonymity. The amount is a record and substantially exceeds the $3.5 billion Washington committed in the previous IDA fund replenishment round in December 2021. A White House spokesperson in Washington declined comment on the World Bank's IDA replenishment.

Donald Trump's audacious win over Kamala Harris and the sweep of both Houses of the US Congress by the Republican Party, two significant developments have set the stage for an emboldened Trump 2.0 administration: Trump's cabinet appointments have set off shock waves across Washington, underscoring his trademark unpredictability. These choices signal his intent to shake up the established order and reinforce his disruptive approach to governance — something cut short by his loss to Joe Biden in 2020. With far-reaching implications, Elon Musk has officially joined the Trump administration. Musk's inclusion comes as little surprise, considering his public support for Trump during the campaign, including a reported $100 mn-plus in campaign contributions.

Donald Trump has chosen Brendan Carr, the senior Republican on the Federal Communications Commission, as its chair. Carr has served at the agency since 2012, including as an adviser to a later chair, Ajit Pai, and has worked as its general counsel. Trump during his first presidency nominated Carr to the FCC in 2017. «Commissioner Carr is a warrior for Free Speech, and has fought against the regulatory Lawfare that has stifled Americans' Freedoms, and held back our Economy,» Trump said in a statement.

Xi Jinping warned Monday the world faces «a new period of major changes» as G20 leaders met in Brazil two months before Donald Trump returns to the White House. US President Joe Biden was attending his last summit of the world's leading economies, but as a lame duck eclipsed by Xi who has cast himself as a protector of the international order in the Trump 2.0 era. World leaders are meeting for two days to try to jumpstart stalled UN climate talks and overcome their differences on wars in the Middle East and Ukraine, and extracting more tax from the super-rich.

Melania Trump is continuing this contentious business endeavour and won't be slowing down anytime soon, despite Donald Trump returning to the White House. A limited-edition photo series titled ‘On the Move,’ which features Melania in a variety of professional settings, was released earlier this week. The 16 digital photos that she is selling on the blockchain feature her in her office, on the campaign trail, and in other locations, as quoted in a report by SheKnows. It’s being sold on her website for nearly $200 and is being sold on Solana blockchain, which is an eco-friendly proof-of-state blockchain protocol, per Fox News via MSN.

Nagaraju M on Monday said he is «sceptical» about cryptocurrencies like Bitcoin and stressed on the need to adopt a cautious approach on such assets. Speaking at an event organised by SBI, Nagaraju backed the Reserve Bank's «careful» stance on such assets. It can be noted that the RBI has been vehemently opposing any recognition of crypto over the years on a slew of factors, primarily stemming from the financial stability concerns. «I am also very sceptical of cryptocurrency. Not now, not after becoming the financial secretary. Even as an individual, I am very doubtful of the entire scheme of cryptocurrency,» Nagaraju said speaking at an event organised by SBI.

As Donald Trump threatens to impose tariffs on the entire world, Xi Jinping is once again wasting no time in positioning himself as the premier defender of the international trading system.

Lawmakers face a December 20 deadline either to adopt a budget or to pass a so-called continuing resolution to keep federal agencies operating temporarily. A failure to act would mean governmental paralysis, AFP reported. The Congress, which has been in recess for more than a month because of the national elections, returns on Tuesday. Newly elected members are not sworn in until January.

The move by the United States came just over two months before President-elect Donald Trump takes office on January 20. The US gave the green light after months of requests by Ukrainian President Volodymyr Zelenskiy to allow Ukraine's military to use US weapons to hit Russian military targets far from its border. ALSO READ: Trump vows to end Russia-Ukraine war

Consumer Technology Association CEO Gary Shapiro discusses how tariffs impact the prices of laptops on The Claman Countdown.

Subscribe to enjoy similar stories. WASHINGTON : Under Donald Trump, Republicans have drawn swaths of working-class voters away from the Democratic Party.

U.S. Federal Reserve is no longer expected to cut interest rates at its December policy meeting, Nomura has said, making it the first global brokerage to signal a pause in the central bank's rate-cutting cycle in the wake of Donald Trump's election win. Nomura now expects the Fed to deliver only two 25-basis-point (bp) rate reductions at its March and June meetings in 2025, leaving the brokerage's Fed funds rate projection unchanged at 4.125% through next year. The Fed's benchmark overnight interest rate is currently in the 4.50%-4.75% range. It has cut rates by 75 bps in 2024.

Subscribe to enjoy similar stories. Indonesia, for decades a natural partner to the US because of similar defence priorities and democratic values, has in recent years drifted more toward China, drawn by its economic support. A potentially more insular American foreign policy under President-elect Donald Trump is pushing Jakarta even closer to Beijing.

Subscribe to enjoy similar stories. As the dust settles after one of the most turbulent presidential elections in American history, many are asking whether US president-elect Donald Trump will deliver on his economic agenda and—assuming he follows through on his campaign promises—what impact his policies will have on the United States and rest of the world. On the campaign trail, Trump repeatedly pledged to create manufacturing jobs by imposing a 10% tariff on all imports and up to 60% on Chinese goods.