Latest in Trump announces $100 billion investment from SoftBank Group in U.S. projects
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OPEC+ oil output delay a 'reality check’ as group eyes demand, U.S. outlook, Saudi energy min says
"It's not a good idea to bring volumes in the first quarter," Saudi Arabia's Abdulaziz bin Salman assessed, with reference to demand and global uncertainty.CNBC - 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 -
Trump announces new role for his administration: 'White House AI and crypto czar'
Donald Trump names David Sacks White House AI and crypto czar.ABC News - Dec. 6 -
Ukraine Makes a Case to Trump’s Team as Its Officials Visit U.S.
Kyiv is feeling a sense of urgency leading up to the Jan. 20 inauguration, given the American president-elect’s vow to end the war quickly.The New York Times - Dec. 6 -
3 climbers from U.S., Canada believed dead in fall from New Zealand's highest peak
The men's bodies have not been found. But based on footprints glimpsed in the snow, and items believed to belong to them retrieved from the slopes, the search for them has ended, officials said.CBS News - Dec. 6 -
Trump picks former Georgia Sen. David Perdue for U.S. ambassador to China
President-elect Donald Trump said Thursday that former Sen. David Perdue had agreed to be named the next U.S. ambassador to China.NBC News - Dec. 6 -
Hegseth got six-figure severance from vet group, Trump considering new defense secretary pick
Pete Hegseth says he's not withdrawing from consideration to be the next secretary of defense, but sources say President-elect Donald Trump is considering a replacement for the embattled choice. ...CBS News - Dec. 5 -
Trump Has ‘Lost Faith’ in N.R.A., Says Gun Group Official
In a new letter, an N.R.A. vice president said the troubled group needed to rebuild trust with Donald J. Trump and his inner circle.The New York Times - Dec. 5 -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - Dec. 4 -
Trump’s Project 2025 May Not Be What It Seemed. It’s Worse.
Trump’s version of Project 2025 may not be what it seemed. It’s worse.The New York Times - Dec. 4 -
Mexico announces record drug seizure one week after Trump threatens tariffs
Soldiers and marines discover drugs in Sinaloa, while separately authorities arrest more than 5,200 migrants. Mexican security forces have impounded more than a ton of fentanyl pills in what ...The Guardian - Dec. 4 -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - Dec. 4 -
Biden heading back to U.S. from Angola after highlighting American investments
President Biden has wrapped up his historic trip to Angola after touring a port on Wednesday where the U.S. has invested billions. CBS News White House reporter Willie James Inman has more.CBS News - Dec. 4 -
Fani Willis ordered to turn over communications in Trump case to conservative group
A Georgia judge ordered Fulton County District Attorney Fani Willis to turn over to a conservative watchdog group any communications she may have with special counsel Jack Smith or the ...The Hill - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
U.S. distances itself from Syrian civil war resurgence
Syria's government forces are fighting to gain back control of Aleppo after an Islamist rebel group seized the city last week. CBS News Pentagon reporter Eleanor Watson has the latest.CBS News - Dec. 3 -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - Dec. 3 -
Trump will take ‘nonstop’ action in first 100 days in office, top adviser says – live
Jason Miller says that Trump will take aggressive action on immigration and oil and gas drilling early into his second term. Notre Dame Cathedral will reopen in Paris on Saturday with incoming US ...The Guardian - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
4 life and investing lessons from NYSE icon Art Cashin, dead at 83
The man known as the dean of the New York Stock Exchange has left the building for the last time, but investors still have the benefit of decades worth of his accumulated wisdom, which he shared in ...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 -
Trump's Threat Over an Imaginary Currency Risks Backfiring on the U.S. Dollar
After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.The Wall Street Journal - Dec. 3 -
Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel
While he made similar statements on the 2024 campaign trail, it was the first time that Trump had spoken about the deal since he won a second presidential term last month.CNBC - Dec. 3 -
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump said he is "totally against" Japan's Nippon Steel buying U.S. Steel.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
Congress faces shutdown dilemma that could mess with Trump's first 100 days
Congress faces a Dec. 20 deadline to avert a government shutdown and is expected to kick the funding fight til early 2025 when President-elect Donald Trump will be in office.NBC News - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
Trump Says He Will Block Nippon Steel’s Acquisition of U.S. Steel
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.The New York Times - Dec. 3 -
Three climbers from the U.S. and Canada are missing on New Zealand’s tallest peak
Three mountain climbers from the U.S. and Canada are missing after they did not return from their planned summit of New Zealand’s tallest mountain, Aoraki.NBC News - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Trump picks investment banker Warren Stephens as UK ambassador
The billionaire donated millions to President-elect Donald Trump’s re-election campaign this year.BBC News - Dec. 3 -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - Dec. 3 -
Trump taps investment banker Warren Stephens for UK ambassador
President-elect Trump announced on Monday that investment banker Warren Stephens would serve as U.S. ambassador to the United Kingdom. “Warren has always dreamed of serving the United States full ...The Hill - Dec. 2 -
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.CBS News - Dec. 2 -
Enron Announces Its Return From the Dead With Crypto Patents and a Bunch of Merch
From the people who brought the world ‘Birds Aren’t Real’ comes a sequel befitting 2024’s Bitcoin rallies and general absurdity.Inc. - Dec. 2