Wall Street remained steady on Monday after seeing much of its rally following President-elect Donald Trump‘s election victory fade. The S&P 500 remained unchanged during early trading, while the Dow Jones Industrial Average slipped 0.2 percent and the Nasdaq inched up by 0.1 percent. Investors appeared cautious after the volatile close last week erased much…
A video of President Joe Biden appearing to “wander off” into the Amazon rainforest has gone viral on social media. The clip comes from the end of Biden’s press conference Sunday from a section of forest in Manaus, Brazil, where he delivered remarks about conservation and the investments his administration has made in clean energy…
With President Joe Biden leaving office soon, the Commerce Department is wrapping up loose ends, including allocating billions of dollars in subsidies to help build advanced chips on U.S. soil. The Commerce Department will give Taiwan Semiconductor Manufacturing (TSMC) up to $6.6 billion in direct funding for three semiconductor manufacturing facilities in Arizona, according to…
The stock market’s “Trump bump” that followed his victory over Vice President Kamala Harris in last week’s election appears to be coming to an end. On Friday, the market dropped to its lowest point since the election, with the Dow Jones Industrial Average down more than 300 points, or about 0.7 percentage points. It has…
President Joe Biden and President-elect Donald Trump briefly met with press in the Oval Office to discuss the “smooth transition” of power ahead. Biden told the president-elect, “Welcome back,” and that he’s “looking forward” to a “smooth transition.” He promised Trump that he would “do everything that we can to make sure you’re accommodated.” Trump…
President-elect Donald Trump is expected to name Marco Rubio as secretary of state, which would create a Senate vacancy for Florida. In Florida, the governor appoints an interim replacement for vacant U.S. Senate seats, giving Ron DeSantis the authority to choose Rubio’s successor if the nomination proceeds. Newsweek has contacted DeSantis’ office via email for…
Nikki Haley, the former U.S. ambassador to the United Nations (U.N.) in Donald Trump‘s first administration, has been mocked online after responding graciously to the president-elect’s decision not to include her in his second administration, with one social media user saying that she “lost her dignity.” After Trump, the Republican nominee, won Tuesday’s presidential election…
Jamal Simmons, former Vice President Kamala Harris‘ communications director, called for President Joe Biden to resign and make her the president within the next month, during an appearance on CNN‘s State of the Union on Sunday morning. Simmons has worked for several Democratic politicians, including then-Governor Bill Clinton‘s presidential campaign and Al Gore‘s, among others,…
An election conspiracy theory is spreading on social media alleging that billionaire Elon Musk hacked the 2024 election in favor of President-elect Donald Trump using his Starlink satellite internet company. Conspiracy theorists allege that Starlink, a satellite constellation developed by Musk’s SpaceX designed to provide high-speed broadband internet across the globe, was connected to the…
Trump has repeatedly claimed that he would end the war started by Russian President Vladimir Putin’s all-out invasion of Ukraine in February 2022 in one day. In an attempt to anticipate any upcoming cuts to Ukraine funding, the government of outgoing President Joe Biden is looking to send the last of more than $6 billion…