Business News
SYDNEY (Reuters) -Australia Prime Minister Anthony Albanese said his relationship with U.S. President-elect Donald Trump has had a “very good beginning”, elaborating on a phone call between the pair after the Republican’s U.S. election win. Albanese this week said he told Trump on the call that the United States has a trade surplus with Australia … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Elon Musk has thrown his support behind Howard Lutnick over fellow Wall Street investor Scott Bessent in the race to be Donald Trump’s new Treasury secretary, as the world’s richest man flexes his … Read more
US President-elect Donald Trump nominated fracking magnate and climate change skeptic Chris Wright as energy secretary on Saturday, tasking him with “cutting red tape” which the new administration hopes will drive investment in fossil fuels. “As Secretary of Energy, Chris will be a key leader, driving innovation, cutting red tape, and ushering in a new … Read more
In a tweet that resonated with many, tech entrepreneur Varun Mayya shared his frustrations about a common issue faced by renters in Bengaluru. He tweeted, “The biggest scam in Bangalore is when you are leaving an apartment and the owner sends you a fraction of the security deposit claiming ‘damage’ or something despite no evidence. … Read more
Listen and subscribe to Stocks in Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Stocks have surged since the election, while bonds are caught in a tug-of-war between bulls and bears, with participants in both markets attempting to divine the path of the US economy under the incoming Trump administration. At … Read more
Tak Yeung T-Mobile’s (NASDAQ:TMUS) network was among the systems hacked in a Chinese cyber-espionage operation that gained access into multiple U.S. and international telecommunication companies, the Wall Street Journal reported Friday, citing people familiar with the matter. According to the report, hackers associated with
Holtermann’s Bakery owner Jill Holtermann and other supporters defend the bakery after ‘The View’ personality Whoopi Goldberg accuses the business of denying her service over politics. Whoopi Goldberg is making headlines following a viral dispute between the “The View” host and a popular Staten Island bakery. Goldberg claimed that she was refused service at Holtermann’s … Read more
By Trevor Hunnicutt and Jarrett Renshaw LIMA (Reuters) -Joe Biden met Chinese President Xi Jinping for the last time as U.S. president on Saturday, with the leaders’ goal of lowering tensions before Donald Trump’s inauguration challenged by fresh conflicts over cyber crime, trade, Taiwan and Russia. Biden and Xi huddled on the sidelines of the … Read more
Donald Trump’s lossmaking social media company has become a magnet for fast-moving day traders, vying with Elon Musk’s Tesla and chipmaker Nvidia for their attention as politics moves up the agenda for retail investors. Trump Media & Technology Group, which operates Truth Social, has been among the three most-traded stocks on Interactive Broker’s platform for … Read more
Prediction markets had a breakout moment during the presidential election, when they proved to be more accurate than most opinion polls. So with various cryptocurrencies soaring since Donald Trump won the election, maybe prediction markets can accurately answer the question, “How high will Bitcoin go?” On the crypto-based Polymarket, where the so-called French whale netted … Read more