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

Trump's Agenda47 campaign proposed eliminating the Department of Education- which as per the DOE website, «establishes policy for, administers and coordinates most federal assistance to education.» This move by Trump could impact crucial funding for K-12 schools and hamper civil rights enforcement, reported The Forbes. ALSO READ: Md Yunus' past remarks on US President-elect Donald Trump may hurt his future

Dogecoin experienced a dramatic surge, rising nearly 45% to $0.4037 in the past 24 hours. This rally adds to its impressive growth of 145% since Donald Trump's victory in the 2024 US presidential election. The memecoin’s recent performance has surpassed that of major blue-chip cryptocurrencies like Bitcoin, which rose 30.5%, and Ethereum, which increased 40% over the past week. Analysts attribute Dogecoin’s recent surge not only to positive market sentiment but also to strong support from high-profile figures like Elon Musk. His public endorsements and tweets backing Dogecoin and Trump have played a critical role in driving investor interest and demand.

Asian shares are trading mostly lower, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president

Subscribe to enjoy similar stories. As Donald Trump prepares to take charge as president, the talk of the town once again is cryptocurrencies, with analysts saying Bitcoin prices may cross $100,000 soon. Mint explains the connection between the cryptocurrency surge and Trump’s return to power.

Donald Trump will inherit, to all appearances, a solid economy when he assumes the presidency in January. After all, the stock market is at record highs, unemployment is low by historical standards and gross domestic product has been expanding at a healthy pace of around 2.5% so far this year. Yet there’s a reason for voter dissatisfaction with the economy and, beneath the surface, there are several risks for Trump 2.0 as he thinks about enacting his trade and fiscal agenda. Let’s start with jobs. Trump took over a stable labor market in 2017, with the unemployment rate falling throughout the previous year and payroll growth steady at roughly 200,000 a month. That’s not true this time around: The jobless rate has been on the rise, hiring is below normal and payroll growth has cooled since the first quarter. The three-month average for private payrolls additions at 78,000 from June to August was the slowest since 2010 outside of the pandemic period. (The September number is still subject to revision and October was heavily affected by a strike and hurricanes). The level of job openings relative to the size of the workforce has fallen back to pre-Covid levels and continues to decline. While the deterioration in the labor market has been gradual, Trump’s team will need to reverse this negative momentum quickly if he wants to sustain the economic expansion and hold on to his electoral gains in the 2026 midterm elections.

Subscribe to enjoy similar stories. That Ratan Tata’s long-awaited biography, austerely titled Ratan Tata: A Life and penned by retired bureaucrat Thomas Mathew, appeared within days of his death, could have been fortuitous. The death sent people across the world scurrying to find out more about, arguably, one of the most recognised Indians.

US elections 2024 against a formidable adversary Kamala Harris. And with this stellar win, the one-time President is already on track of forming his Cabinet once his government assumes power at the White House. There are a few names that are doing the rounds, which could be top Cabinet choices this time around, with many even slating a 'Donald Trump dream team', that may include the likes of Elon Musk, Tulsi Gabbard, RFK Jr, and others.

Elon Musk, SpaceX founder and prominent supporter of Donald Trump, is expected to be a key figure in the newly elected president’s inner circle. Trump, who secured victory in the recent election, praised Musk throughout his campaign.

Bitcoin jumped nearly 8%, surpassing $75,000 and setting a new all-time high, breaking its previous record from March. Dogecoin also surged by up to 25%, fueled by its popularity as a favored cryptocurrency of billionaire Elon Musk, an outspoken Trump supporter. The cryptocurrency market showed mixed trends on Thursday, a day after President-elect Donald Trump’s decisive win on Wednesday.

Musk's backing of Donald Trump's decisive victory for a second presidency puts the billionaire entrepreneur in an extraordinary position of influence to help his companies secure favorable government treatment.

Dogecoin surged over 25% on Wednesday, reaching $0.2068, as Donald Trump sealed the US presidential race after breaching the 270-majority mark of electoral votes. Trump, widely seen as a pro-crypto candidate, has indirectly boosted Dogecoin, with the rally also attributed to Elon Musk's outspoken support for both Dogecoin and Trump. Analysts suggest that a Trump win could be viewed positively by the crypto community, partly due to his recent proposal to establish the Department of Government Efficiency (D.O.G.E.), which he plans to have Musk lead if elected. This move would likely amplify Musk's influence in the crypto sector, potentially boosting interest in Dogecoin, a token Musk has consistently endorsed.

Subscribe to enjoy similar stories. Sequels rarely have the same impact as the original. The second Donald Trump presidency that the good people of America have foisted on themselves, and the world, is likely to prove different.

Elon Musk on religion have shifted pretty significantly while now he identifies as a ‘Cultural Christian’ and significantly expressed beliefs in the teachings of Jesus specifically in concepts like ‘love thy neighbor’ and ‘turn the other cheek’, reported Futurism. This severe change actually comes after years of skepticism about the existence of a higher power which made him a figure admired by the atheists.

Elon Musk, the owner of X, is celebrating Donald Trump’s recent election victory. Musk, who has been vocal in his support for Trump, used his social media platform to post memes and express his views on America’s future.

Tesla and SpaceX CEO Elon Musk recently shared how he maintains his calm. In a recent podcast interview, the world’s richest man disclosed that playing a video game helps him stay grounded. He’s not only a fan of the game but ranks in the top 20 players worldwide.

victory speech at the Republic gathering in Florida's Palm Beach, President-elect of the United States Donald Trump allocated considerable amount of time speaking on the Tesla CEO and world's richest person Elon Musk. «We have a new star...a star is born — Elon!» called on the now two-time presidential race runner during Wednesday's speech.

Tesla CEO Elon Musk may stand to gain significantly if former President Donald Trump is re-elected, according to NBC News. Musk, who has openly supported Trump’s presidential bid, could potentially play an influential role in a second Trump administration. Trump’s senior campaign adviser, Brian Hughes, mentioned that Trump envisions Musk leading a “commission” aimed at making the government more efficient and ensuring better use of taxpayer dollars.

Donald Trump, US Election Results 2024 LIVE: Donald Trump, a Republican candidate, is again running for the US President's post in the 2024 elections. He is facing a tough contest from US Vice President and Democrat candidate Kamala Harris, especially in swing states.

Vice President Kamala Harris. She started late, and ran against a tough opponent in a bleak environment. She faced an electorate hungry for change, upset with the direction of the country and the economy. If she wins, she will be able to credit a handful of factors that helped her fight those headwinds and defeat former President Donald Trump. Here is what analysts will be saying should Harris win.