President Financial News
13.11 / 03:55
markets
Election
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War
gatherings
Tech sector gathers in Lisbon in shadow of Trump victory
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.
13.11 / 03:55
markets
Analysis
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Trade
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Experts
reports
ETMarkets Smart Talk | Gold and silver rally driven by Chinese and Russian buying spree: Santosh Pandey
gold and silver prices, however this time addition twist has happen to this theory,” says Santosh Pandey, President & Head, Nuvama Professional Clients Group. In an interview with ETMarkets, Pandey said: “Higher Yield has potential to derail equity rally globally including India, but strong dollar is good for certain sectors like IT/Pharma and Textile on Indian perspective” Edited excerpts:
13.11 / 02:43
Fighting
President
trumpeter
reports
Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years
Argentina’s inflation has slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei
13.11 / 02:43
13.11 / 02:33
markets
Election
President
Experts
PAM
reports
Where did Kamala Harris spend the $1 billion that she raised and landed in $20 million debt? Experts say it was a disaster
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.
13.11 / 02:03
markets
UPS
Strategy
Election
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Experts
Schools
Polling begins for 43 seats in first phase of Jharkhand assembly elections
Champai Soren and ex-MP Geeta Kora. Polling began around 7 AM in these constituencies across 15 districts and will continue till 5 PM. However, voting in 950 booths will end at 4 pm, though people standing in the queue at that time will be able to exercise their franchise, an official said. While the JMM-led coalition is seeking to retain power riding on its welfare schemes, including Maiyan Samman Yojna, the BJP has been campaigning with its aggressive Hindutva agenda, infiltration and alleged corruption by the current dispensation.
13.11 / 01:21
markets
Digital
security
SPY
President
2020
Donald Trump picks former top US spy John Ratcliffe to lead CIA
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.
13.11 / 01:21
markets
Digital
Election
President
social
Courts
US Senate Democrats rush to confirm judges before Trump takes office
With Republicans set to take control of the chamber on Jan. 3, the Senate is set on Tuesday to hold a confirmation vote on one of Biden's judicial nominees — former prosecutor April Perry — for the first time since Trump won the Nov. 5 presidential election. Perry was nominated by the Democratic president to serve as a U.S. district court judge in Illinois. All told, Biden has announced 31 judicial nominees who are awaiting Senate confirmation votes, including Perry. She is one of 17 who already have been reviewed by the Senate Judiciary Committee and are awaiting a final confirmation vote by the full Senate. Another 14 nominees are awaiting committee review.
13.11 / 00:39
Williams
economy
Election
Edison
President
stage
rights
William Watson: Not even Elon Musk can run the U.S. economy
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
13.11 / 00:39
markets
COST
UPS
Citi
Action
President
Inside
Will Canada Post deliver? A look inside the labour dispute, the stakes and what comes next
Canada Post workers might soon be putting down their mailbags and grabbing picket signs. The employees of the Crown corporation, represented by the Canadian Union of Postal Workers (CUPW), have been in contract talks since November 2023 — but a deal still appears to be out of reach. This week, CUPW issued a 72-hour strike notice, putting Canadians on edge just as the holiday mailing rush kicks in, and leaving them wondering: will my packages arrive on time?
13.11 / 00:39
markets
COST
CEO
President
reports
International
Stephen Harper's name in mix as potential head of AIMCo, sources say
Former Prime Minister Stephen Harper is among those being considered to chair Alberta Investment Management Corp. (AIMCo), the $160-billion pension and endowment manager whose board of directors and chief executive were purged last week by the Alberta government.
12.11 / 23:35
UPS
SEC
CEO
coinbase
Election
President
Bitcoin
Why Coinbase CEO Sees Trump's Win as the 'Dawn of a New Crypto Era'
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.»
12.11 / 23:33
12.11 / 23:33
12.11 / 22:57
markets
Digital
Fighting
Election
President
War
Donald Trump Jr mocks Ukrainian president Zelensky, says he’s just weeks away from losing his allowance
Volodymyr Zelensky may be in big trouble according to Donald Trump Jr, as he will apparently be losing his 'allowance' in a few weeks of time for fighting the war against Russia, which may be the inception of World War 3. This weekend, Trump’s eldest son mocked Zelensky in a social media post, claiming that Ukraine’s military aid budget was about to be abolished once Trump takes over.
12.11 / 21:15
markets
UPS
President
Experts
PAM
Updates
Is she returning to the White House? Melania Trump takes help from Wall Street to set up the East Wing
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
12.11 / 20:29
Gap
Election
President
show
performer
donates
Hedge funds performed better under Democratic presidents than Republican ones, history shows
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.
12.11 / 20:15
markets
Provident
Election
President
Experts
reports
rights
Panic buying: Women stockpile abortion pills in U.S before Donald Trump takes over as President
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.
12.11 / 20:05
12.11 / 19:33
Man
Platform
security
ByteDance
TikTok
President
Courts
Trump has promised to 'save TikTok'. What happens next is less clear
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
12.11 / 19:25
markets
UPS
President
Experts
country
guidelines
COP29 climate summit: Global carbon market set to be reality soon
COP29 climate summit have managed to secure a win with an agreement on the rules for a United Nations-administered global carbon market — a move that can unlock billions for emission reduction projects in developing countries. COP29 president Mukhtar Babayev gavelled the session that approved the standards to enable the private sector and countries to trade carbon credits at the opening plenary dominated by long, gruelling backroom negotiations on the agenda of the summit after it resumed late night on Monday. «By matching buyers and sellers efficiently, such markets could reduce the cost of implementing NDCs by $250 billion a year,» Babayev said. «In a world where every dollar counts, that is essential.»
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