U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. Brian Snyder | Reuters U.S. President-elect Donald Trump on Friday told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs. “I told the European Union that they must … Read more
House Republicans tried and failed Thursday evening to fast-track a measure to keep the government funded through a maneuver that required a two-thirds majority, pushing the government closer to a shutdown. House GOP leaders can still bring it up through regular channels by sending it through committee, and this would enable them to try again … Read more
US-based investment firm Azoria plans to launch an ETF, Azoria 500 Meritocracy ETF (SPXM), which will include all S&P 500 stocks except 36 companies that hire based on diversity, equity and inclusion (DEI) targets rather than employee metrics. The philosophy behind this move is that companies that hire based on race and gender but not … Read more
LONDON — Peter Mandelson looks set for a new life in the United States after a long and sometimes-controversial career in British public life. An announcement confirming him as the government’s choice for next U.K. ambassador to Washington is expected from No.10 Downing Street Friday. It’s a remarkable next chapter for Mandelson, who is staunchly … Read more
US President-elect Donald Trump surprised Washington lawmakers this week by calling for lifting the federal borrowing limit and even abolishing it in social media posts and interviews. The debt ceiling is a law that caps the amount of money the US federal government can borrow cumulatively to meet existing legal obligations. A congressional vote in … Read more
A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters DETROIT — U.S. new vehicle sales are expected to rise next year to their highest level since 2019, led by lower interest rates and improving affordability, according to industry analysts. Cox Automotive expects new light-duty vehicle sales to … Read more
Unfortunately, Ali Soufan was right. One year ago, shortly after the October 7 Hamas attack on Israel and the start of Israel’s military response, Soufan told me that the events had “ushered in a new era of chaos to the region.” The fallout has seen the displacement of millions of Gazans, the killing of Hamas … Read more
By MEG KINNARD Congress has until midnight Friday to come up with a way to fund the government or federal agencies will shut down, meaning hundreds of thousands of federal employees could be sent home — or stay on the job without pay — just ahead of the holidays. Republicans abandoned a bipartisan plan Wednesday … Read more
In his first post-election news conference, President-elect Donald Trump vowed to “straighten out” the “corrupt” US press. Before he’s even taken office, he’s already made efforts to shape the media in his favor — tapping loyalists for publicly funded outlets and launching unprecedented lawsuits against newspapers and pollsters that observers worry are the signs of … Read more
Healey told the Times: “We will look wherever we can to respond to what the Ukrainians want. They are the ones fighting.” Healey was in Kyiv to unveil fresh U.K. support for Ukraine, which comes as Western allies mull the conflict’s next steps before U.S. President-elect Donald Trump returns to the White House. The fresh tranche … Read more
