The nomination of Rubio, a China hawk who's been sanctioned by Beijing, comes at a tense moment in the Indo-Pacific region.
Trump's pick for defense secretary, Pete Hegseth, is an Army veteran and conservative commentator who's been skeptical of US support for the NATO alliance and Ukraine.
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle in January.
Robinhood has added new tokens and re-listed some it had removed as the crypto market revels in Donald rump's election victory.
While US shares have rallied since the election, non-US stocks have stumbled as investors brace for the potential impact of a new trade war under Trump.
Elon Musk will co-lead the Department of Government Efficiency and has already started crowdsourcing suggestions for cuts online.
Trump's plans would likely add large amounts to the US debt pile, economists have predicted. The national debt stands at almost $36 trillion.
Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. The US spends the most on Social Security.
Inflation was in-line with expectations, leading investors to solidify bets for another quarter-point Fed rate cut in December.
The post-election rally has led stock exposure to jump to its highest level since 2013 amid a "surge in bulls," BofA says.
Tech
2024-11-13T13:35:39Z
The world's wealthiest man is the CEO of Tesla and SpaceX, and he has several other roles across his many companies.
US stocks have been on a roll since Donald Trump's victory. A bullish investment chief shared three concerns that investors should keep their eyes on.
Donald Trump's proposed tariffs would hit the consumer tech sector, raising prices on US consumers' favorite gadgets, an October report found.
Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more likely if Elon Musk exerts influence in a second Trump term.
With expectations for rates to stay high, and slim Republican majorities in Congress, Trump's policies might not pump up business activity as expected.
Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest rates, and rising unemployment, Roubini said.
While many companies are taking a wait-and-see approach, others are publicly discussing production changes ahead of Trump's return to the White House.
Three executives have publicly said they'd raise prices for consumers if Trump enacts his proposed tariffs.
Anthony Scaramucci thinks there's a chance that stocks crash. Here's why he's concerned and why a major market collapse is far from guaranteed.
Tech
2024-11-12T09:27:38Z
Polymarket and Kalshi were big winners of the election. But can they maintain their momentum until 2028?