Donald Trump News

Tesla CEO Elon Musk solely gained near about $26.5 billion. The US Mirror reported that Elon Musk who was a prominent supporter of Donald Trump reportedly funneled around $200 million into Donald Trump's campaign through his super PAC. Also Read: Major security breach at Obama's Hawaii home: Secret Service agent violates protocol, uses ex-President's beachfront property for frisky meet-up with lover

Of the 22% of participants who responded to the survey after the election results were announced, 23% expect stronger global growth, compared to the full month's results of -4% and up from -10% in October.  The percentage of fund managers expecting a stronger US economy was 28% among the post-election respondents, -15% for the full month of November and -22% in October.  What is next for the US after Donald Trump's re-election? An acceleration in China's growth and US tax cuts were picked as the most bullish developments, while an unpredictable surge in bond yields and a global tra...

Robinhood Markets (HOOD) is broadening its crypto offerings for U.S. traders, adding tokens like Solana (SOLUSD) and meme coin Pepe (PEPEUSD), as the frenzy continues for Bitcoin (BTCUSD) and other digital assets in the wake of Donald Trump's presidential election win.

Elon Musk to US President- elect Donald Trump has eventually sparked discontent among members of the US President-elect's inner circle, according to Page Six. Elon Musk has eventually become a frequent presence at the Mar-a-Lago while participating in significant discussions which include calls with international leaders like Turkey's Recep Tayyip Erdogan and Ukraine's Volodymyr Zelensky. Page Six reported that this new bond has reportedly made many of Donald Trump's traditional advisors feel actually sidelined while insiders also noted that his inner circle is shrinking as he spends more time with Elon Musk and other selective individuals like Howard Lutnick who is the co-chair of his transition team. Also Read: Did a bakery refuse Whoopi Goldberg's birthday dessert order because of her political views? Here's the truth

Canada’s economy has been falling behind the United States — in fact, most major economies — for some time now, but the election of Donald Trump threatens to widen that record gap even further, say economists.

Bitcoin broke through the $90,000 level on Wednesday, as its rally showed no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies. The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49% at $93,158, marking a 32% rise since the Nov. 5 election.

Subscribe to enjoy similar stories. Donald Trump’s election has unleashed big hopes in the market for dealmaking, regulatory easing and private credit. Together, all that would put some extra shine on Goldman Sachs.

Money is a focus at COP29 whose success is likely to be judged by whether it can agree a new target for how much richer countries, development lenders and the private sector must provide each year to help developing countries finance the transition to greener energy and protect against extreme weather. Reaching a deal is likely to be especially hard at a summit where the mood has been soured by disputes and pessimism about shifts in global politics.

A Federal Reserve official has given a lengthy defense of the central bank's political independence

Shares have opened higher in Europe after mostly falling in Asia following a report showing inflation in the U.S. was roughly as expected last month

Choosing billionaire Elon Musk to be what President-elect Donald Trump calls “our cost cutter” for the U.S. government, is not the first time an American president has empowered a business tycoon to look for ways to dramatically cut federal regulations

Subscribe to enjoy similar stories. Dear reader, Welcome to the first issue of Mint’s newsletter on the climate crisis: Climate Change And You. I am Bibek Bhattacharya, and I will be taking turns in writing this newsletter, every two weeks, alongside my colleague Sayantan Bera.

United Nations and other international organizations are bracing for four more years of Donald Trump, who famously tweeted before becoming president the first time that the 193-member UN was «just a club for people to get together, talk and have a good time.» In his first term, Trump suspended funding for the U.N. health and family planning agencies, withdrew from its cultural organisation and top human rights body, and jacked up tariffs on China and even longtime U.S. allies by flaunting the World Trade Organization's rulebook. The United States is the biggest single donor to the United Nations, paying 22% of its regular budget. Trump's take this time on the world body began taking shape this week with his choice of Republican Rep. Elise Stefanik of New York for US ambassador to the UN. Stefanik, the fourth-ranking House member, called last month for a «complete reassessment» of US funding for the United Nations and urged a halt to support for its agency for Palestinian refugees, or UNRWA. President Joe Biden paused the funding after UNRWA fired several staffers in Gaza suspected of taking part in the Oct 7, 2023, attack led by Hamas.

Subscribe to enjoy similar stories. In the lounge outside Donald Trump’s Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president. The occasional resort member strolls through.

Subscribe to enjoy similar stories. President-elect Donald Trump has styled himself a master dealmaker who can leverage his warm relationship with Russian President Vladimir Putin to end the war in Ukraine, cool tensions between the world’s biggest nuclear powers and realign global politics. But that can-do image is at odds with the two leaders’ records and the new geopolitical reality.

Allan Lichtman, often dubbed the «Nostradamus» of US Presidential Polls, has blamed disinformation and billionaire tech mogul Elon Musk for his incorrect prediction that Vice President Kamala Harris would win the US elections. Lichtman, who has correctly predicted nine out of 10 election results, is renowned for accurately forecasting nine of the last ten US elections. But things took a U-turn last week when the historian and political scientist's prediction that Kamala Harris would win the US Presidential elections turned out to be wrong with Republican Donald Trump returning to the White House. Now, speaking to News Nation, Allan Lichtman, a professor at American University, provided a deeper explanation for his incorrect forecast and pointed to conservative media platforms and Elon Musk, who pored millions into Donald Trump's campaign, as a factor in his inaccurate prediction. ALSO READ: 'Your body, our choice': Deadly 'MATGA' Movement emerges in US. All about women's new trend after Trump's victory

crypto frenzy in the global markets are lapping Indian shores. Average daily trading volumes in half a dozen major exchanges have surged 3 times in less than a week despite crippling taxes and a shadow ban by most banks. Investors who were sitting on losses for close to 18 months are suddenly in the money. Prices of some of the zombie coins, along with other cryptocurrencies, are tailing Bitcoin which touched a new high. And, more local investors are booking profits than chipping in fresh money — as is borne out by the squeeze in the premium in USDT, the stable coin that serves as a go-between when cryptocurrencies are sold to generate rupees.

Howard Lutnick has emerged as a serious contender alongside investor Scott Bessent for the top Treasury job in the new Trump administration, two sources familiar with the matter said, as the race for the high profile role heats up. Lutnick, a longtime friend of Trump's and co-chair of the transition team, had received the backing of at least one influential member of President-elect Donald Trump's inner circle for the Treasury Secretary role, one of the sources said. Bessent, who served as an economic advisor to the Trump campaign in addition to being a fundraiser, remains a top contender, said the sources, who asked not to be identified talking about positions ahead of them being announced.

U.S. Secretary of State Antony Blinken says the Biden administration intends to bolster its military support to Ukraine

silver December futures contracts were trading at Rs 88,032/kg, down by 0.1.31% or Rs 1,165. In this week so far, Gold prices have fallen by Rs 3,400/10 grams while silver prices fell by Rs 3,200/kg in the same period.

Elon Musk acquired it in 2022, with users migrating to alternatives like Bluesky, CNN reported. More than 115,000 US users deactivated their X accounts the day after the election, and this figure only includes those who deactivated through the website, excluding mobile app users, CNN reported citing a report of digital intelligence platform Similarweb. This shift follows Musk's influential role in the US presidential election. Bluesky's user base has doubled in 90 days, reaching 15 million after gaining 1 million new sign-ups in a single week.