Tag Archives: Trumps

  New York Judge, Juan Merchan has ruled that President-elect Donald Trump’s hush money conviction is valid. The judge rejected Trump’s argument that it should be dismissed in the wake of a landmark immunity ruling from the US Supreme Court. The ruling comes after Trump and his lawyers requested Merchan overturn his guilty verdict in New York v. Trump, citing …

Major tech companies are seeking to improve their relationship with the incoming president. ADVERTISEMENT Amazon is planning to donate $1 million (€950,000) to President-elect Donald Trump’s inauguration fund, a company spokesperson confirmed on Thursday evening. The e-commerce giant will also stream Trump’s inauguration on its Prime Video service, which is viewed as a separate in-kind donation – worth another $1 …

Tesla’s stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla’s Price-to-Earnings(P/E) ratio to 103, the highest among the big seven stocks. ADVERTISEMENT Tesla is the biggest beneficiary of Trump’s victory in the US election among the Magnificent Seven stocks, thanks to Elon Musk’s dedication to supporting …

Mark Zuckerberg’s Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump’s inauguration fund.  It appears to be the latest attempt by the Meta boss to build a closer relationship with the incoming president.  The donation comes just weeks after Meta CEO Mark Zuckerberg met with Trump privately at Mar-a-Lago.  A Meta spokesperson confirmed …

The President of Mexico, Claudia Sheinbaum has clarified her conversation with US President-elect Donald Trump, after the two leaders offered differing accounts of the call.    After the call on Wednesday, Nov. 27, Trump said Sheinbaum had “agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border”.    But Sheinbaum reacted, saying she made …

Interest rates are nearing neutral territory, ECB’s Isabel Schnabel has said, backing gradual cuts amid persistent inflation. She highlighted risks from Donald Trump’s trade policies, noting potential economic shocks for Europe as tariffs loom over export-heavy economies. ADVERTISEMENT Isabel Schnabel, a member of the European Central Bank’s (ECB) Executive Board, has said there is limited scope for aggressive rate cuts …

Consumers will have to pay more for their cars, one analyst warns, adding that among the hardest hit would be Volkswagen, Stellantis, General Motors and Ford. ADVERTISEMENT If President-elect Donald Trump carries out his threat to impose 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give …

The euro stabilised against the US dollar on Tuesday, despite more tariff threats from US President-elect Donald Trump, targeting imports from Canada and Mexico. ADVERTISEMENT US President-elect Donald Trump said on Truth Social media that he would impose tariffs of 25% on imports from Canada and Mexico. Both the Canadian dollar and Mexican Peso plunged against the dollar to multi-year …

The US has for years been a major destination for Chinese goods, but exporters are reducing their reliance on the world’s largest consumer market as Beijing and Washington feud over trade. ADVERTISEMENT Visitors who bought fridge magnets at Times Square or other tourist hotspots around New York in recent years are unlikely to have known they were buying something made …

US conservative firebrand and Trump loyalist,  Matt Gaetz has announced that he is withdrawing from consideration for United States attorney general following renewed focus on sexual misconduct allegations against him.   In a statement on social media on Thursday night, November 21, just over one week after President-elect Donald Trump named Gaetz as his pick for the position of top …