Donald Trump News

Elon Musk has been the biggest beneficiary of Donald Trump's win in United States' elections, however, his social media platform X is now witnessing an exodus with celebrities and news organisations moving to Twitter founder's Jack Dorsey app. Among the largest beneficiaries of that desire is Bluesky, a rival service that has gained more than 1 million new users in the week since the election, a company spokesperson, Emily Liu, said Tuesday. The majority of the new users live in the United States, Canada and Britain, she added. «We're seeing increased activity levels across all different forms of engagement,» she said in an email.

Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet representatives of Tesla — by far the nation's biggest EV maker — have told a Trump-transition committee they support ending the subsidy, said the two sources, speaking on condition of anonymity. Tesla CEO Elon Musk, one of Trump's biggest backers and the world's richest person, said in July that killing the subsidy might slightly hurt Tesla sales but would be «devastating» to its U.S. EV competitors, which include legacy automakers such as General Motors.

U.S. President-elect Donald Trump said Thursday he is nominating anti-vaccine activist Robert F. Kennedy Jr to lead the Department of Health and Human Services, putting him in charge of a massive agency that oversees everything from drug, vaccine and food safety to medical research and the social safety net programs Medicare and Medicaid.

The digital asset rose nearly 6% in the US to a record $93,462 but failed to hold the climb, falling back to $89,974 as of 10:28 a.m. on Thursday in Singapore. The wider crypto market swung between gains and losses amid choppy trading.

Donald Trump's vision for education revolves around a single goal: to rid America's schools of perceived " wokeness " and «left-wing indoctrination.» The president-elect wants to keep transgender athletes out of girls' sports. He wants to forbid classroom lessons on gender identity and structural racism. He wants to abolish diversity and inclusion offices. Throughout his campaign, the Republican depicted schools as a political battleground to be won back from the left. Now that he's won the White House, he plans to use federal money as leverage to advance his vision of education across the nation.

Trump and Republicans call a «mandate» to govern, an uneasy political question is emerging: Will there be any room for dissent in the U.S. Congress? Trump is laying down a gauntlet even before taking office challenging the Senate, in particular, to dare defy him over the nominations of Matt Gaetz, Robert F. Kennedy Jr. and other controversial choices for his Cabinet and administration positions. The promise of unified government, with the Republican Party's sweep of the White House and GOP majorities in the House and Senate, is making way for a more complicated political reality as congressional leaders confront anew what it means to line up with Trump's agenda.

Subscribe to enjoy similar stories. Bitcoin is now worth more than any U.S.-listed company other than the six biggest. Dogecoin, created as a joke and the first cryptocurrency to have agovernment departmentnamed after it, would make it to the top 200 stocks by value, larger than Johnson Controls International.

Subscribe to enjoy similar stories. SINGAPORE—The last thing Xi Jinping needs right now is another showdown with Donald Trump over trade. China is grappling with an epic property collapse, and local governments are wobbling under trillions of dollars of debt.

Subscribe to enjoy similar stories. MEXICO CITY—From the dense jungle connecting Panama and Colombia to the banks of the Rio Grande, human smugglers are spreading a message to U.S.-bound migrants: Hurry up and sneak in before President-elect Donald Trump takes office. Trump’s second term is creating an incentive for migrants to try to reach U.S.

Subscribe to enjoy similar stories. TEL AVIV—Israel is expanding its ground operation in southern Lebanon, sending troops into villages farther from its border, in what some former senior security officials worry could turn into a war of attrition. On Thursday, Israel’s military for the second day in row said its troops were reaching new targets in southern Lebanon.

Subscribe to enjoy similar stories. President-elect Donald Trump’s pick to lead powerful U.S. spy agencies has often seemed to embrace Washington’s adversaries and questioned key American intelligence judgments, raising alarm among veteran intelligence officials and the wider national security establishment.

Lenovo will further diversify its supply chain and plans to open more manufacturing facilities outside China amid global geopolitical uncertainty, Chairman Yang Yuanqing said. Lenovo, the world's largest PC maker, has most of its plants in China, a common situation in the electronics industry that creates potential vulnerability as US President-elect Donald Trump threatens to impose 60% tariffs on Chinese imports. Yang told Reuters that while it's too early to predict the new US administration's policies, Lenovo has an advantage over competitors in hedging such risks through its more diversified manufacturing base and sourcing strategy, as well as balanced regional revenue streams.

Donald Trump has said his administration will focus on ending the Russia-Ukraine war, as he lamented the killing of people in the conflict. He also said his administration will also work on bringing peace to West Asia. «We're going to work on the Middle East, and we're going to work very hard on Russia and Ukraine. It's got to stop,» Trump said during a gala for the America First Policy Institute held at his Mar-a-Lago estate on Thursday. This was his first major speech and public appearance after his stunning electoral victory in the November 5 presidential elections.

Donald Trump is not India’s No. 1 problem. At least not right now. His hawkish trade policy may well emerge as an outsize threat to supply chains and global growth. But a bigger, more immediate worry for the central bank in Mumbai is tomatoes. Or, to be more specific, a 161% jump last month in tomato prices — due to late and heavy rainfall — from a year ago. With potatoes and onions also becoming dearer, food expenses are out of control. The average cost of a homecooked meal in October — a standard fare of rice, roti, dal, veggies, salad and yoghurt — was the steepest in 14 months, according to CRISIL, an affiliate of S&P Global Inc. The chances of a December rate cut by the Reserve Bank of India were dimming even before the US election. But with inflation spiking above the upper end of the central bank’s tolerance range of 2%-6%, many analysts are ruling out monetary easing before the start of the next financial year in April. By which time, the next American president’s policies would have started to have an effect, particularly on the exchange rate.

The mortgage market nervously watched bond yields climb again this week. U.S. president-elect Donald Trump’s policies could potentially be like throwing gasoline on inflation‘s barbecue, and Wall Street’s getting sweaty.

Vivek Ramaswamy has now been handed over the responsibility of cutting government expenses alongside Elon Musk in an all-new department known as 'DOGE-Department of Government Efficiency'. And the first thing that Ramaswamy and Musk are reportedly planning on doing is closing down the FBI that could cut off a majority of unchecked government expenses. He is also thinking of sacking nearly 1.5 million federal employees under his 'shut things down' strategy, which is already raising fear in the hearts and minds of federal workers across the country, according to a previous ET report. Ramaswamy will now have the power to shape the priorities of the new department and it will operate outside of government and provide recommendations to the White House on huge chunks of expenses from the multi-trillion dollar federal budget. This Department of Government Efficiency or DOGE was actually the brainchild of Elon Musk, the billionaire who has become one of Trump’s closest aides throughout the Presidential campaign, and has been constantly rooting for the idea of a cost-cutting commission on the campaign trail.

Subscribe to enjoy similar stories. Bitcoin and cryptocurrencies in general got supercharged by Donald Trump’s victory in the US presidential election.

meteor shower peaks this weekend, however, that bright glowing orb will still be nearly full, so most places will probably be obscured by all but the brightest meteors, as quoted in a report by Time. The Leonids are famous for their meteors, which can reach speeds of up to 70 kilometres per second (44 miles per second). King's College London's Shyam Balaji stated that unfortunately this year, the viewing conditions will be affected by a nearly full moon. The chances of seeing more meteors can be increased by watching in the early morning when the moon is lower in the sky.

US Presidential Elections 2024, the famous personality Kim Kardashian has remained notably silent regarding the results which eventually led her fans to speculate on her reasons for not publicly supporting Kamala Harris. SheKnows reported that Kim Kardashian’s friendship with Ivanka Trump might have influenced her initial stance while there are suggestions that Kim Kardashian might have voted for Donald Trump and is avoiding backlash from her followers. According to SheKnows, Kim Kardashian and Ivanka Trump have been friends since their first meeting at the Met Gala 2014 and their relationship has eventually strengthened over the years specifically during Donald Trump's Presidency. They actually bonded over shared interests which included Kim Kardashian's advocacy for prison reform while Ivanka Trump helped in facilitating that. Also Read :Cameron Diaz to make a comeback with this Netflix spy comedy. See release date, plot, cast and trailer

Dogecoin (DOGEUSD) has been one of the biggest gainers following the election of Donald Trump last week, and the cryptocurrency meme coin got another boost this week when the president-elect announced the creation of a new agency that carries the acronym DOGE.