Donald Trump News

Donald Trump has announced that Tesla CEO Elon Musk and Indian-American entrepreneur Vivek Ramaswamy will head the new Department of Government Efficiency (DOGE). Trump revealed the appointment on Tuesday, saying, “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).” Ramaswamy will make history as the first Indian-American to join Trump’s administration, starting January 20 next year. In his statement, Trump explained that Musk and Ramaswamy would help his administration tackle government bureaucracy by cutting unnecessary regulations, reducing wasteful spending, and restructuring federal agencies. This, Trump said, is crucial for the «Save America» movement.

Donald Trump may not be a good President and replacement for reigning President Joe Biden. Based on her filings, Harris has spent somewhat $880 million in the US elections, which is more than a double of what was spent by Trump, according to his filing reports. In terms of advertising campaigns, Kamala Harris and her campaign team spent almost double of what their opponents spent but still did not manage to yield as much results that was expected in the first place. One sector that the Harris campaign spent the most, is event production, web musical performances at rallies right before the elections, were the star attraction. Kamala Harris paid nearly a million dollars to Harpo, which is a production company owned by Oprah Winfrey, who ended up being the reigning VP's biggest celeb ally this time around.

Gold prices barely moved on Wednesday, as attention shifted to a key U.S. inflation print due later in the day, which could shed more light on the Federal Reserve's monetary policy path.

Donald Trump on Tuesday announced that Tesla owner Elon Musk and Indian American entrepreneur Vivek Ramaswamy will lead the Department of Government Efficiency or DOGE. «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. Ramaswamy is the first Indian American to have been tapped by Trump into his administration beginning January 20 next year. «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 — essential to the 'Save America' Movement,» he said.

Wall Street's three major indexes closed lower on Tuesday as investors booked some profits from a post-election rally and waited anxiously for U.S. inflation data due this week. The indexes had rallied to record highs since the Nov. 5 U.S. election as investors bet on a boost to equities from President-elect Donald Trump's proposed tax cuts and the prospect of easier regulatory policies.

The dollar is reaping the benefits of Republican Donald Trump's victory in the U.S. presidential election last week, with investors pricing in policies of lower taxes and trade tariffs under the incoming administration that are seen as inflationary. [US/].

Donald Trump said on Tuesday he had picked John Ratcliffe, a close ally who was director of national intelligence at the end of his first term, to serve as director of the Central Intelligence Agency. Ratcliffe served as the nation's top spy from late May 2020 until Trump left office in January 2021. More recently, he was co-chair of the Center for American Security, a think tank advocating Trump positions, and advised the former Republican president on national security policy during his 2024 campaign. «I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions. He will be a fearless fighter for the Constitutional Rights of all Americans, while ensuring the Highest Levels of National Security, and PEACE THROUGH STRENGTH,» Trump said in a statement announcing the nomination. Ratcliffe, a former member of the House of Representatives, promised at his confirmation hearing to be DNI in May 2020 that he would provide «objective and timely intelligence» in the position.

inflation data that may further sap confidence in the pace of Federal Reserve interest-rate cuts. Stock benchmarks in Tokyo and Sydney retreated after the S&P 500 slipped following its biggest five-day advance in a year. The Bloomberg Dollar Spot Index extended its post-election rally, while the yen closed in on the closely watched level of 155.

The rupee closed at 84.3925 per dollar, unchanged from Monday's closing level.

After being gone for more than a century, Grover Cleveland is back in the news. Until last week he was the only president U.S. voters had thrown out of the White House and then, four years later, invited back in. But now they’ve done the same with Donald Trump

Cryptocurrency assets have surged in the week since Donald Trump was re-elected President, as the industry looked ahead to what Coinbase (COIN) CEO Brian Armstrong on Tuesday called the «dawn of a new crypto era.»

Pennsylvania restaurant owner Matt Flinchbaugh discusses how his business fared under the Biden administration on The Big Money Show.

U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory

Donald Trump has begun the process of choosing a cabinet and selecting other high-ranking administration officials following his presidential election victory, as per a report. Here are the early picks and top contenders for some of the key posts overseeing defense, intelligence, diplomacy, trade, immigration and economic policymaking. Some are in contention for a range of posts, Reuters reported. SUSIE WILES, chief of staff Trump announced last week that Wiles, one of his two campaign managers, will be his White House chief of staff. While the specifics of her political views are somewhat unclear, Wiles, 67, is credited with running a successful and efficient campaign. Supporters hope she will instill a sense of order and discipline that was often lacking during Trump's first four-year term, when he cycled through a number of chiefs of staff.

First Lady following the victory of Donald Trump in the US Presidential Elections 2024. According to DailyBeast, John Rogers who is the Executive Vice President at Goldman Sachs and is a former adviser too during the first term of Melania Trump will be eventually assisting her during the transition period. DailyBeast reported that John Rogers holds several prestigious positions which even include the Chairman of the Board of the White House Historical Association and the Atlantic Council. Also Read: Bridget Jones: Mad About the Boy: All we know about release date, cast, trailer, where to watch and plot

There's been a rush of enthusiasm on Wall Street regarding Donald Trump's election win, but hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR, collating data going back to 1991.

abortion medication in greater than usual numbers. One of the biggest providers of abortion pills, Aid Access, said it received 10,000 requests for the drug in the 24 hours following the Republican nominee's election call early Wednesday. That's about 17 times the 600 requests the organization normally receives in a day, as quoted in a report by The Washington Post. According to Just the Pill, a nonprofit that uses telemedicine to prescribe abortion drugs, 22 out of 125 orders it received between Wednesday and Friday came from non-pregnant individuals. Julie Amaon, the group's interim executive director, stated that soliciting such an advance provision is typically rare.

Cobra Kai Season 6 Part 2 is set for November 15, 2024. Fans can expect the series to stream at specific times across different time zones.

Donald Trump's return to the White House could usher in a wave of bank mergers and acquisitions as the administration appoints regulators who are more open to approving larger deals, financial executives and analysts said on Tuesday, as per a report. The banking industry is expected to win big if Republican regulators ease capital rules and merger approvals when they replace the aggressive financial regulators of the Biden era, Reuters reported. «I have to believe we are entering a moment where bigger deals can be done,» Mitchell Eitel, managing partner at law firm Sullivan & Cromwell, told a banking conference in New York.

Donald Trump’s landslide victory has shaken Canadians and rattled the loonie, but on balance will be beneficial for the country, notably its natural resource sectors.

After a tumultuous year filled with anxiety and a legal fight about its future in the U.S., TikTok may have just been thrown a lifeline by the man who was once its biggest foe