President-elect Trump appoints three key positions in White House offices

President-elect Trump announced three key appointments to White House offices on Monday, including two who served during his first term. The announcement included the appointment of James Braid, who will return to the White House as the deputy assistant to the president and director of the Office of Legislative Affairs. Braid worked in legislative affairs … Read more

Jim Cramer examines Wall Street’s reaction to Trump Treasury secretary

CNBC’s Jim Cramer on Monday reviewed investors’ reaction to President-elect Donald Trump’s latest cabinet pick, hedge fund manager Scott Bessent. His takeaway is that Wall Street believes the potential Treasury secretary will be a prudent force in the administration. “What matters is that this Treasury secretary designate is a serious person, not unlike Steven Mnuchin … Read more

Judge will wait until new year to decide on possible resentencing of Erik and Lyle Menendez

A judge on Monday delayed until January his decision on whether to re-sentence Erik and Lyle Menendez for killing their parents in their Beverly Hills mansion 35 years ago, squashing their family’s hope the brothers would be released and home for the holidays. Superior Court Judge Michael Jesic said at the hearing in Los Angeles … Read more

Trump promises 25% tariff on Mexico and Canada, extra 10% tariff on China | Business and Economy

DEVELOPING STORYDEVELOPING STORY, US president-elect says measures will remain until countries stamp out illegal border crossings and drug trafficking. United States President-elect Donald Trump has pledged to slap a 25 percent tariff on all goods from Mexico and Canada and an additional 10 percent on Chinese products in response to illegal border crossings and drug … Read more

Ex-CNN boss sheds light on his ouster from liberal network: ‘There are those that didn’t want change’

Former CNN boss Chris Licht spoke candidly about what led to his 2023 ouster from the network, suggesting he faced resistance to “change” from staff. In an interview Saturday at the New York Press Club’s Journalism Conference, Licht said it was his “mission” when he was hired to restore America’s “trust” in CNN and chalked … Read more