Latest in Trump’s Policy Plans Could Hit Restaurant Industry, Seafood Prices and Trucking
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Bitcoin price hits $100,000 for the first time
The price of one bitcoin hit $100,000 for the first time Wednesday as demand for the digital currency continued to surge in the wake of an election that saw victories for crypto-friendly candidates ...NBC News - Dec. 5 -
Truck driver honored for courageous rescue of wounded Texas officer
John Lally was awarded the Carnegie Medal for Heroism in Houston Tuesday for running into danger last November to rescue a police officer who had been shot.CBS News - Dec. 4 -
Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move
President-elect Donald Trump plans to nominate financier Paul Atkins to head the Securities and Exchange Commission.CNBC - Dec. 4 -
Will Trump nix Biden’s coverage plan for weight-loss drugs? It’ll be a close call.
While President-elect Donald Trump looks poised to scrap many policies of the Biden administration, one veteran analyst says it’s possible he could end up supporting the Democratic incumbent’s ...MarketWatch - Dec. 4 -
LPGA updates policy on transgender women golfers
An LPGA policy change means transgender women who have gone through male puberty will not be allowed to compete on leading women's golf tours from next year.BBC News - Dec. 4 -
Trump's defence nominee hits out after reports he could be dropped
US media suggest the president-elect could replace Pete Hegseth, whose selection is under intense scrutiny.BBC News - Dec. 4 -
GOP lawmakers already divided over sweeping Trump policy bill
John Thune wants a two-step strategy that addresses immigration and energy first, and then taxes later. Key House Republicans aren’t on board that plan.Politico - Dec. 4 -
Kash Patel, Trump's pick to lead FBI, hit with Iranian cyberattack, sources say
The FBI director nominee Kash Patel was hit with what is believed to be a cyberattack emanating from Iran, according to two sources familiar with the situation.ABC News - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
What does the EU’s rightward shift mean for green policy?
Plus, carbon removal business Heirloom announces $150mn fundraising in boost to nascent sectorFinancial Times - Dec. 4 -
What Trump’s plan to end IRS ‘overstepping’ could mean for audits of rich people — and call hold times for everyone else
The incoming Trump team wants to change the IRS mentality from “we’re the tax police,” one expert said.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 -
Why Brussels hopes cracking down on China will also save EU industry
Also in this newsletter: Is EU drug policy fair to poorer states?Financial Times - Dec. 4 -
Canadian minister says Trump was joking when he said Canada could become the 51st state
A Canadian minister who attended a dinner between President-elect Donald Trump and Prime Minister Justin Trudeau says Trump was joking when he suggested Canada become the 51st U.S. stateABC News - Dec. 3 -
Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.
Campbell’s Co. on Tuesday said its current chief executive would depart to take on a leadership role for the Washington Commanders NFL team, and the soup and snack maker reported mixed ...MarketWatch - Dec. 4 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
What we know about Trump's plans on foreign policy, tariffs
Tariffs for countries sending goods to the U.S. still appear to be part of President-elect Donald Trump's plans for his second term in the White House. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - Dec. 3 -
Black Friday and Cyber Monday Shopping Exceeds Industry Estimates
An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s expectations.The New York Times - Dec. 3 -
Trump’s economic plans may encounter a problem many Americans know all too well: Crushing debt
None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.MarketWatch - Dec. 3 -
Biden’s vexed foreign policy legacy leaves hard choices ahead
Thanks to Biden’s actions (or inaction), the incoming Trump administration faces difficult policy choices on the Ukraine war and China’s aggressive expansionism in Asia, as well as containing the ...The Hill - Dec. 3 -
Nursing Home Industry Wants Trump to Rescind Staffing Mandate
A Biden administration rule that imposed minimum rules on nursing levels may not survive, even though many homes lack enough workers to maintain residents’ care.The New York Times - Dec. 3 -
'Realistic' green policies good for the U.S., Aramco CEO says, with Trump to return to White House
Trump has pledged to "end Biden's delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production."CNBC - Dec. 3 -
How Trump's proposed tariffs could impact your wallet
Proposed tariffs on imported goods could raise prices on items like clothing, toys and household appliances. CBS News MoneyWatch correspondent Kelly O'Grady explains the potential impact on ...CBS News - Dec. 3 -
A Trump-Biden tag-team can make our Ukraine and China policies great again
Trump has a choice of either burnishing or blemishing his foreign policy record, and instead can chart a uniquely new course that will put him on the heroic side of history.The Hill - Dec. 3 -
Europe must make a choice on the steel industry
There is considerable investment into the green transition waiting to be activated, once policy clarity is achievedFinancial Times - 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 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - 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 -
The Memo: Democrats hit Biden for pardon that they see as gift to Trump
President Biden is facing blowback from his own party for his dramatic Sunday evening pardon of his son, Hunter Biden. A growing chorus of Democrats have raised their voices to object to the ...The Hill - Dec. 3 -
Why Europe's Vaunted Car Industry Is in Crisis
Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.The Wall Street Journal - Dec. 3 -
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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 -
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 -
Radical planning reform needed to hit 1.5m housebuilding target in England, Labour warned
Thinktank urges government to be ‘much more ambitious’ as actions so far are not enough to fulfil manifesto pledge. Labour will miss its manifesto target of building 1.5m homes in England before ...The Guardian - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
WW2 veteran urges PM to end 'brutal' frozen pension policy
Anne Puckridge is calling on the new government to unfreeze the pensions of some Britons who live abroad.BBC News - Dec. 3 -
Amazon trucking contractors have higher rates of safety violations, CBS News finds
Contracted truckers hauling packages between Amazon facilities are more likely to engage in dangerous behavior on the roads than other carriers, according to federal data analyzed by CBS News.CBS News - Dec. 2 -
Kash Patel Has Plan to Remake the F.B.I. Into a Tool of Trump
President-elect Donald Trump’s pick to lead the F.B.I. has called for firing the agency’s top officials, shutting down its Washington headquarters and prosecuting journalists.The New York Times - Dec. 2 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2