Business

Experts say mortgage rates will stay high as Trump inflation fears negate expected Fed cut

The post-election market reaction has been “swift and telling.” Read More

Trump’s election victory means ‘his criminal problems have gone away,’ former federal prosecutor says

Legal experts say it’s a matter of when, not if, Trump’s remaining criminal indictments are dismissed or postponed indefinitely. Read ...

Xi Jinping tells Trump that U.S. and China must ‘get along’

Both Trump and his Democratic rival Kamala Harris had pledged to get tougher on Beijing, but Trump upped the ante, ...

BMW boss says Trump tariffs may actually give automaker ‘an advantage’ amid China wipeout

BMW has “a big footprint in the U.S. for the U.S., its CEO Oliver Zipse said as he played down ...

Germany’s chancellor under pressure to call early no-confidence vote as coalition government collapses

Chancellor Olaf Scholz said he would call a no-confidence vote next year, but opponents want it called next week. Read ...

Fed prepares to boost economy with another rate cut as it faces uncertainty over Trump’s expected inflationary plans

Trump’s election has also raised the specter of meddling by the White House in the Fed’s policy decisions. Read More

Canada orders TikTok to close its business in the country—but won’t block the app

TikTok is wildly popular with young people, but its Chinese ownership has raised fears that Beijing could use it to ...

China’s exports surged 12.7% in October, the fastest growth in more than 2 years

Imports fell 2.3% in October from a year earlier, while China’s trade surplus rose to $95.7 billion in October, up ...

‘She is ours’—Melania Trump’s Slovenian hometown, where wine and slippers are named after her, welcome her return as first lady

Melania Trump’s success gives hope to people in Slovenia, a small Alpine EU member of some two million people. Read ...

Nissan announces 9,000 job cuts and slashes sales forecast as it faces ‘severe situation’

The company reported a 93 percent plunge in net profit in the first half as CEO Makoto Uchida told reporters ...

Keir Starmer hopes U.S. special relationship will ‘prosper’, but Britain has many reasons to fear a Trump comeback

Trump’s tariff plans could halve U.K. economic growth in the next two years, pushing up prices and interest rates. Read ...

Trump victory gives Modi chance to reset India’s image with West

India is facing increased more scrutiny from the U.S and its allies, over the nation’s close ties with Russia’s Vladimir ...

Being Elon Musk

Musk’s MVP status with the incoming president makes one wonder where he’ll exert his newfound influence. Read More

YouTube viewers guzzled 84 million hours of Presidential Election Day news

More than 80% of total watch time across all broadcasts was streamed on YouTube, new data shows. Read More

How Elon Musk’s $130 million investment in Trump’s victory could reap a huge pay off for Tesla and the rest of his business empire

The world’s richest person could get a lot of help with contracts and regulatory headaches during the Trump administration. Read ...

Bernie Sanders: Democrats shouldn’t be surprised middle class ‘abandoned’ its ‘disastrous campaign’ for Trump

“Will the big money interest and well-paid consultants who control the Democratic Party learn any real lessons from his disastrous ...

RFK Jr. wants Trump to remove fluoride from water over health claims. Here’s what science says.

A primer on fluoride in drinking water, its history of controversy, and what the science says. Read More

Young boy among dead after business jet aborts takeoff, crashes through airport fencing, and strikes car

The plane crashed through the airport’s metal fence before colliding with a vehicle that was traveling on a road west ...

‘Amazing awaits’: Crypto leaders rejoice as Bitcoin rallies following Trump blowout win

Bitcoin smashed through its previous all-time high as Trump’s victory became clear on Tuesday night. Read More

Kamala Harris officially concedes to Donald Trump: ‘Please know it’s going to be OK’

Harris says she spoke with Trump and congratulated him on his election win. Read More

Americans paid $100B since 2008 to access their own money. I am petitioning the Fed to end this racket

The consequences of slow payments? Profits for banks and costly workarounds for those who can least afford it. Read More

Donald Trump will make a $400,000 salary as president. His shares in Trump Media could keep him rich to the tune of $8 billion

Experts see the president-elect’s wealth growing by the day. Read More

American interest in moving abroad is about to ‘go into overdrive.’ These are the easiest countries to immigrate to

Immigration firms expect more Americans to look into moving abroad following Tuesday’s election. Read More

Clues into Trump’s next moves as president on Medicare, Social Security, the Affordable Care Act and more

What are President-elect Donald Trump’s plans on major issues like Medicare, Medicaid, Social Security, health care, abortion, federal workers, the ...

JPMorgan CISO says three trends play a role in how he protects the banking giant

Pat Opet says his cybersecurity playbook revolves around three important trends. Read More

The French whale on Polymarket just won $40 million betting on Trump

Crypto bros see Polymarket’s rapid movement on Tuesday night as fulfilling a prophecy. Read More

Amazon’s Andy Jassy denies its 5-day-a-week RTO plan is a secret way to reduce headcount

Jassy insists the move is about strengthening company culture. Read More

American voters were asked about the economy. The overwhelming answer shows why they picked Trump over Harris

Voters who were concerned about the economy did what they so often do—punish the incumbent party. Read More

CEOs including Satya Nadella and Sam Altman are lining up to congratulate Donald Trump on his election victory

CEOs and business leaders took to social media to congratulate President-elect Donald Trump on his second White House victory. Read ...

Kamala Harris has conceded the election to Donald Trump in a private phone call

The aide, who declined to be identified discussing a private conversation, said Harris talked about the need for a peaceful ...