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Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 9h -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - 19h -
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Man who fled U.S. to avoid prison for Capitol riot captured in Canada
Anthony Vo told The Toronto Sun that he was "pretty much 99% sure" that Trump will pardon him once he takes office on Jan. 20.CBS News - 18h -
Hungarian energy bid under review over Russia concerns, says Romanian minister
Bucharest could mirror Spain’s recent decision to block a takeover on security grounds, says Sebastian BurdujaFinancial Times - 1d -
Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - 1d -
'Stop saying I crashed the economy,' says Liz Truss. Is it possible to gaslight an entire country? | Hugh Muir
The former PM has sent a cease and desist letter to the current one. Will everyone who thinks she was useless get one next?. The problem with worrying about megalomaniacs on the web and wildfires ...The Guardian - 1d -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - 1d -
Liz Truss sends legal letter ordering Starmer to stop saying she crashed economy
‘Cease and desist’ letter accuses PM of harming her reputation and contributing to her losing her seat. UK politics live – latest updates Liz Truss has sent a legal letter to Keir Starmer ...The Guardian - 1d -
Truss lawyers tell Starmer to stop saying she ‘crashed the economy’
Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenureFinancial Times - 1d -
'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.CNBC - 1d -
Mexico's president claps back at Trump, suggests new name for U.S. — America Mexicana
President Claudia Sheinbaum proposed using the 17th-century name in response to President-elect Donald Trump's comment he'd try to change the name of the Gulf of Mexico.NBC News - 2d -
Mexico’s President Pokes Fun at Trump With New Name for the U.S.
President Claudia Sheinbaum of Mexico also said Donald Trump was ill-informed when he said Mexico was “essentially run by the cartels.”The New York Times - 2d -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - 2d -
European Union won't allow attacks on borders, French minister says after Trump's Greenland comments
In an interview Wednesday, Jean-Noël Barrot addressed the U.S. president-elect's interest in Greenland.CNBC - 2d -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - 2d -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 2d -
U.S. in talks with Taliban for release of Americans held in Afghanistan, source says
The Taliban said they had been in talks with the Biden administration to exchange Afghans in U.S. custody for Americans detained in Afghanistan.NBC News - 2d -
U.S. says Sudan's rebels have committed genocide and sanctions their leaders
The US determined Tuesday that members of Sudan’s Rapid Support Forces (RSF) committed genocide in Sudan and it imposed sanctions on the group’s leader.NBC News - 3d -
Mexico-U.S. Migration: What to Know
Donald J. Trump has said that Mexico is allowing an “invasion” of migrants into the United States. But the current situation on the ground tells a different story: Unlawful crossings at the ...The New York Times - 3d -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - 3d -
Trump says he plans to change Gulf of Mexico's name to "Gulf of America"
President-elect Donald Trump said Tuesday that he is planning on changing the Gulf of Mexico's name to the "Gulf of America."CBS News - 3d -
Canada's Justin Trudeau says he will resign as Liberal Party leader and prime minister
On Monday, Justin Trudeau announced that he intends to resign as Canadian prime minister and leader of the Liberal Party. Trudeau has been the country's leader for nearly a decade, but his support ...CBS News - 3d -
U.S. Envoy Says Israel Will Withdraw From Southern Lebanon
With the deadline looming for the terms of a fragile cease-fire between Israel and Hezbollah to be met, an American diplomat on Monday said “much progress” had been made recently.The New York Times - 4d -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - 4d -
Tech groups to pay premium for energy for Malaysia data centres, says minister
Investment in ‘oil of the 21st century’ will support country’s development of renewable powerFinancial Times - 6d -
Musk misinformed on grooming gangs, says minister
The Conservatives have also criticised the billionaire for "sharing things that are factually inaccurate".BBC News - Jan. 3 -
Economists Fear Trump’s Tariff Policies Will Harm U.S. Growth
A new survey finds a majority of economists fear protectionist plans by the President-elect will spark inflation and eventually undermine U.S. economic expansion.Inc. - Jan. 3 -
Musk is 'misjudged and certainly misinformed' over UK grooming attacks, says minister
A senior British minister has pushed back on Elon Musk’s criticism of the government's handling of a historic child grooming scandalABC News - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - Jan. 2 -
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.The New York Times - Jan. 2 -
At least 10 people were killed in a shooting in Montenegro, including 2 children, the interior minister says
At least 10 people were killed in a shooting in Montenegro, including 2 children, the interior minister saysABC News - Jan. 1