Donald Trump News

social media platform X (formerly Twitter) for using his newspapers’ content without proper payment. This legal battle involves Arnault's newspapers, Le Parisien and Les Echos, alongside French dailies Le Figaro and Le Monde, who claim X failed to negotiate content remuneration as mandated under European law. Here’s what you need to know:

Donald Trump coming back to the White House, one such big swings may be on the cards. The economic policies proposed by the US-President elect look set to help the US economy, it might spell trouble for the rest of the world, reports The Economist. Trump laid out a broad array of ideas aimed at providing tax relief, cutting prices, hiking tariffs and strengthening the economy, which ranks at the top of voters’ concerns. However, what parts of economic agenda Trump implements is still unclear, but the unsteadiness in the American stock market is enough to give us a clue what the investors expect (the S&P 500, an index of large American firms, hit successive records on November 6, 7 and 8). ALSO READ: Donald Trump is back: What it would mean for US economy and rest of the world

Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.

Not so long ago, environmental, social and governance (ESG) jobs were all the rage in banking and finance. In the years after the pandemic, they carried a 20% pay premium and there was talk of a skills gap: in 2020, CFA Institute found that 18% of portfolio manager jobs wanted ESG skills, but that only 1.5% of portfolio managers had them. Buffing a CV with ESG seemed like a no-brainer. 

US elections 2024's polling phase is now over, with Donald Trump destined to be the next US President after Joe Biden. Meanwhile, the Senate and the House are also being captured by the Republicans, which means that the coming four years will be 'ruled by the Reds'. Meanwhile, ace US pollster Nate Silver has analyzed the US election results and claimed that there is at least some 'good news' for Kamala Harris and the Democrats, that is hidden in the fine print.

Elon Musk and Vivek Ramaswamy, two of US President-elect Donald Trump's most famous allies, were the most keenly awaited appointments in his administration. They are going to lead the department of government efficiency (DOGE), one of the most controversial and inscrutable project of Trump. «I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the department of government efficiency (DOGE),» Trump announced. The acronym is a playful nod to Musk’s affinity for the cryptocurrency Dogecoin. The announcement triggered a meme fest on social media. Reacting to Trump's announcement, Musk on X wrote, «Department of Government Efficiency. The merch will be (fire emojis).» Many X users with the help of AI suggested some eye-catchy logos featuring the Shibu Inu dog from the Doge cryptocurrency memes for Musk and Ramaswamy's department which Musk shared on his accounts. Various online surveys and media organisations have acknowledged Doge as one of the most significant Internet memes of the 2010s.

Donald Trump emerged victorious in the US Presidential elections, and as soon as he comes to power following the end of Biden's tenure, his proposed set of economic plans will begin seeing the green light, and according to a Wall Street strategist, some of it could make the possibility of a US recession a harsh reality.

If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners

Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets

European markets opened higher on Wednesday while Asian stocks followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory

African leaders may have been quick to congratulate Donald Trump on his election, professing a desire for mutually beneficial partnerships

Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House

Donald Trump’s victory, driving the cryptocurrency to new all-time highs (ATH). Following Trump's win, Bitcoin surged over 30%, peaking at an ATH of $89,956 and maintaining a bullish trend since then. However, after reaching the record high of $89,956 on Tuesday, Bitcoin saw some profit-taking on Wednesday. As of 12:32 pm, the cryptocurrency was trading 3% lower at $86,740.

Aqua Tofana Great Again' movement is gaining traction in the United States after Donald Trump's victory in the recently-concluded Presidential Elections. Some women frustrated by Donald Trump's return to the Oval Office are using a centuries-old metaphor about women poisoning their husbands to channel their disappointment, causing a stir online.

Dogecoin surged over 10% to $0.3869 in the early Asian trading hours on Wednesday after U.S. President-elect Donald Trump said on Tuesday Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency (DOGE). The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said in a statement that Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added that the move would shock government systems.

Donald Trump has appointed world's richest man Elon Musk to lead the newly formed US Department of Government Efficiency (DoGE). Musk, one of the wealthiest individuals globally with a net worth exceeding $300 billion, had previously promised Trump a key role in his government, while ensuring Musk's companies such as Tesla, X, SpaceX, xAI, and Neuralink remain under his control.

Donald Trump has started to fill key posts in his second administration, putting an emphasis so far on aides and allies who were his strongest backers during the 2024 campaign. Trump announced Tuesday Elon Musk and Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his second administration. “Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump said in a statement. Trump had proposed the creation of a government efficiency commission as part of a slate of new economic plans that he unveiled in early September. At the time, he said Musk had agreed to lead it if he were to secure a return to the White House.

Republican presidential nominee Donald Trump took to the X social media platform to make the announcement, in which he gave very few concrete details about how the platform would work.

Bitcoin options traders buoyed by Donald Trump’s election victory are already eyeing a landmark price of $100,000 for the original cryptocurrency, after it surged to a fresh record on hopes for a more crypto-friendly administration. Investors are lining up bets that Bitcoin will pass the milestone as soon as the end of the year, according to data from crypto options exchange Deribit. The token topped $82,000 for the first time on Monday.

tech industry met in Lisbon on Tuesday for the Web Summit, the sector's first big event since the US election, with Donald Trump's victory expected to be a key theme of their discussions. The tech industry is holding its breath to see what Trump's second term will bring when he takes over in January, especially as SpaceX and Tesla chief Elon Musk is expected to have a huge influence on the next US government. During Trump's last term from 2017 to 2021, big tech firms were often at odds with the president, particularly given his crackdown on immigration and ramping up the trade war with China.

Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto. The digital asset is up about 32% in the wake of Trump’s Nov. 5 election victory, hitting a record of $89,968 on Tuesday, based on data compiled by Bloomberg. It changed hands at $88,500 as of 9:13 a.m. Wednesday in Singapore.