Year: 2025
Senate confirms Trump’s nominee Pam Bondi as attorney general
Pam Bondi, U.S. President-elect Donald Trump’s nominee to be attorney general, testifies at a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 15, 2025. Elizabeth Frantz | Reuters The Republican-led U.S. Senate confirmed Pam Bondi as the new U.S. attorney general on Tuesday, propelling one of President Donald Trump’s staunchest political allies to the top […]
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White House crypto czar David Sacks says first priority is stablecoin legislation
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images As David Sacks, the newly appointed White House AI and crypto czar, collaborates with […]
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Trump says U.S. will own and develop Gaza, and its two million Palestinians should leave for now
President Donald Trump on Tuesday evening said the United States “will take over the Gaza Strip,” and “we’ll own it.” Trump said that all Palestinians currently living in Gaza — around 2 million people — should leave and be placed in other countries in the Middle East, among them Jordan and Egypt, while the U.S. […]
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Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb. 3, 2022. The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson, an economist and Davidson College’s dean of faculty, to the Federal Reserve Board. Ken Cedeno | Bloomberg | Getty Images EASTON, Pa. […]
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Asia-Pacific markets set to rise as Wall Street looks past trade developments
Classic Chinese courtyard featuring a stage and red lanterns hanging Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets were set to mostly climb Wednesday, as Wall Street rose overnight, shrugging off Trump tariffs and China’s retaliation to measures. All eyes will be on China, which will resume trading after the Lunar New Year holidays. The […]
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South Korea consumer inflation rose 2.2% in January, above market expectations
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s consumer inflation quickened to a six-month high in January, government data showed on Wednesday, coming in higher than market expectations on pressure from a weak local currency. The consumer price index (CPI) rose 2.2% from a year earlier, after climbing 1.9% in the previous month, […]
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S&P 500 futures fall after latest earnings, Alphabet’s revenue miss: Live updates
Traders work on the floor of the New York Stock Exchange on Jan. 28, 2025 in New York City. Michael M. Santiago | Getty Images S&P 500 futures fell Tuesday night following a revenue miss from Google-parent Alphabet, after the major averages had closed out the regular session higher. S&P 500 futures and Nasdaq 100 […]
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Snap shares soar on better-than-expected profit and revenue
Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results. Here is how the company did compared with Wall Street’s expectations: Earnings per share: 16 cents adjusted vs. 14 cents expected, according to LSEG Revenue: $1.56 billion vs. $1.55 billion expected, according to LSEG Global daily active users: 453 million vs. 451.1 million […]
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AMD reports profit beat, but misses on data center revenue
AMD CEO Lisa Su. Courtesy: AMD Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings, but the stock fell about 6% in extended trading as the company missed estimates in its key data center segment. Here’s how the chipmaker did, versus LSEG consensus estimates for the quarter […]
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Watch Live: Trump and Israel’s Netanyahu hold joint press conference
[The stream is slated to start at 5:50 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump and Israeli Prime Minister Benjamin Netanyahu are holding a joint press conference at the White House Tuesday, as a fragile ceasefire in Gaza continues to hold. Netanyahu […]
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