Latest in If Trump axes this golden ticket for immigrants, tech stocks and U.S. jobs could suffer
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How climate change could make snowfall worse in parts of the U.S.
Experts predict climate change could actually make snow worse in some areas of the U.S. Meanwhile, nearly two-thirds of the U.S. is seeing less snowfall than in the 1970s. CBS News national climate ...CBS News - Dec. 6 -
Some of the biggest pro-Trump donors of 2024 are lining up for administration jobs
UPDATE: This story was updated on Dec.NBC News - Dec. 6 -
Here are the billionaires stocking Trump’s next administration
President-elect Trump has named several billionaires to top roles in his next administration — a combination worth over $360 billion and that includes the world’s richest person. Elon Musk, the ...The Hill - Dec. 6 -
China’s Export Ban on Strategic Minerals Could Hit Tech, Wider Economy
Beijing’s curbs on crucial minerals such as gallium, germanium and antimony needed for computer chip and electronics manufacturing could wreak havoc on supply chains.Inc. - Dec. 6 -
Federal judges uphold law that could ban TikTok in the U.S.
A panel of three federal Appeals Court judges ruled unanimously to uphold a law Friday that could potentially ban TikTok in the U.S.NBC News - Dec. 6 -
Live Updates: U.S. Job Growth Rebounds
The labor market added 227,000 jobs, a big rebound from October, when storms in the Southeast and a major strike disrupted work. The unemployment rate ticked up slightly to 4.2 percent.The New York Times - Dec. 6 -
U.S. adds 227K jobs in November, beating expectations
Friday morning's jobs report from the Labor Department shows the U.S. beat expectations and added 227,000 jobs in November while unemployment ticked up slightly to 4.2%. CBS News MoneyWatch ...CBS News - Dec. 6 -
Blumenthal slams Tuberville for saying vetting Trump picks not GOP's 'job'
Sen. Richard Blumenthal (D-Conn.) criticized Sen. Tommy Tuberville (R-Ala.) for suggesting it is not Republican senators' responsibility to vet President-elect Trump's nominations for positions in ...The Hill - Dec. 6 -
The U.S. added 227,000 jobs in November, as hiring recovers from storms and a strike
Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics ...NBC News - Dec. 6 -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - Dec. 6 -
Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon has been in a bit of a rough spot after the departure of its longtime Chief Product Officer Sun Choe.CNBC - Dec. 6 -
Could Trump Make the Ultimate Deal With Iran?
Over the next four years, the toxic and seemingly unending psychodrama between the United States and Iran may very well see its final act.The New York Times - Dec. 6 -
China's ban on key high-tech materials could have broad impact on industries, economy
China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded ...ABC News - Dec. 6 -
Investors pour $140bn into US stock funds after Trump election victory
Bets incoming administration will enact ‘pro growth’ agenda spur rush into Wall Street equitiesFinancial Times - Dec. 6 -
How the chip war could turn under Trump
From tariffs to AI demand, US companies are pondering what comes nextFinancial Times - Dec. 6 -
Trump Names 2 Officials to Help Carry Out Immigration Crackdown
The president-elect picked Rodney S. Scott, an outspoken Border Patrol chief from his first term, to run Customs and Border Protection. And he chose Caleb Vitello to head Immigration and Customs ...The New York Times - Dec. 6 -
How will Trump handle immigrants carrying communicable diseases?
Current law makes immigrants inadmissible if they have one of the diseases that the secretary of Health and Human Services has determined to be “a communicable disease of public health significance.”The Hill - Dec. 5 -
Trump’s tariff threats could open the door to China
The elephant in the room is China, the other nation Trump has vowed to hit with tariffs.The Hill - Dec. 5 -
World’s biggest hedge fund flags the ‘holy grail’ that may shield investors if U.S. stock rally crumbles
Karen Karniol-Tambour, co-chief investment officer at Bridgewater Associates, says valuations are much higher for U.S. stocks than they were when the bull run began.MarketWatch - Dec. 5 -
Revealed: Biden lays groundwork to expand immigration jails as Trump readies for office
In the past year, the Biden administration has extended contracts for private sector jails before Trump’s plan for mass deportations. Donald Trump’s plan for the mass deportation of undocumented ...The Guardian - Dec. 5 -
A Mexican Factory Paid Off for a U.S. Manufacturer. Tariffs Could Make It a Liability.
While the off-road-vehicle maker Polaris has benefited from moving some production south, Trump’s levy proposal is primed to add millions in costs.The Wall Street Journal - Dec. 5 -
How 20 big U.S. stocks are expected to rank as ‘cash machines’ in 2025
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.MarketWatch - Dec. 5 -
On Trump tax cuts, energy and immigration plans, clash emerges between House, Senate GOP leaders
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - Dec. 5 -
Tech Stocks and AI Propel Wall Street’s Record-Setting Streak
AI is fueling the rise of tech stocks to soaring levels.Inc. - Dec. 4 -
Tech stocks hit first all-time high since July
Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.CNBC - Dec. 4 -
ADP jobs report says 146,000 workers hired in November. U.S. jobs market in stable condition.
U.S. businesses created a solid 146,000 new jobs in November, paycheck company ADP said, in another sign the labor market has stabilized after big cooldown over the summer.MarketWatch - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, DataTrek Research found.MarketWatch - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
Immigration advocacy group launches political arm to counter Trump agenda
A top immigration advocacy group announced on Tuesday a new political arm to highlight the human consequences of the incoming Trump administration’s immigration enforcement plans. The Immigration ...The Hill - Dec. 3 -
Job openings rise and more workers quit in sign of improving U.S. labor market
U.S. job openings rose slightly in October and the number of workers quitting one job for another rose to the highest level in five months, suggesting the labor market has improved after a soft ...MarketWatch - Dec. 3 -
These are the most in-demand tech jobs hiring right now
According to LinkedIn’s latest report, software engineer, full stack engineer and application developer are in the top 10 roles.VentureBeat - Dec. 3 -
Meta’s Zuckerberg seeks ‘active role’ in Trump tech policies
Policy chief Nick Clegg says social media company ‘overdid it’ on content moderation, as it seeks to placate president-electFinancial Times - Dec. 3 -
‘Contrarians aren’t being rewarded,’ and short sellers of U.S. stocks are giving up, says Citigroup
Strategists at Citigroup say investors are increasingly giving up on bets against the U.S. stock market.MarketWatch - Dec. 3 -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule
Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."CNBC - Dec. 3 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian productsABC News - Dec. 2 -
Why Stellantis’ chief executive Carlos Tavares was axed
Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louderFinancial Times - Dec. 2