Billionaire Elon Musk was present during a phone call between President-elect Donald Trump and Ukrainian President Volodymyr Zelensky on Wednesday, as first reported by Axios on Friday. This marks the first indication that Musk, a significant Republican donor, may play a more involved role in the Trump administration than previously disclosed public discussions about a...
The Department of Justice announced on Friday that three individuals have been charged with being commissioned by Iran to assassinate President-elect Donald Trump and others before Election Day. This announcement comes months after Trump, who has been the target of two unrelated assassination attempts, claimed that threats against his life were emanating from Iran.Farhad Shakeri,...
The S&P 500 has surpassed the 6,000 mark for the first time in its nearly seven-decade history, marking a significant milestone for the benchmark American stock index. This achievement comes as this week’s post-election gains have contributed to an already historic start to 2024 for equities.By mid-afternoon on Friday, the S&P reached a peak of...
Special Counsel Jack Smith has requested a suspension of all deadlines in the criminal case against former President Donald Trump concerning the 2020 election. This request comes as prosecutors evaluate their next steps following Trump’s recent presidential victory. Reports indicate that Smith intends to conclude his prosecutions against Trump before the former president resumes office.Smith’s...
The Trump campaign’s forecast that abortion ballot measures in key battleground states might ultimately benefit him has proven accurate. The results indicate that many voters supported abortion rights while also backing former President Donald Trump, defying the traditional trend of abortion issues favoring Democrats.Abortion access was on the ballot in ten states, including critical battlegrounds...
President-elect Donald Trump announced on social media Friday that he has no plans to sell his shares in Trump Media & Technology Group, the parent company of Truth Social, despite circulating rumors and false statements. Following his statement, the company’s shares rose by 4%.In a post on Truth Social, Trump denounced the “fake, untrue, and...
Bill Ackman, the billionaire founder and CEO of Pershing Square Holdings, announced on Friday that he has sought approval from the hedge fund’s board to delist the company from Amsterdam’s stock exchange. This decision follows a series of antisemitic incidents in the Dutch city this week. In a detailed post on X, Ackman stated that...
Tesla’s market capitalization surpassed $1 trillion on Friday for the first time since early 2022. The electric vehicle manufacturer, led by Elon Musk, experienced a significant surge following the re-election of Donald Trump as President. Tesla’s shares soared over 10% to nearly $330 during afternoon trading, eventually closing with an 8% gain at $321. This...
The family of Ross Ulbricht announced on Friday that the founder of the Silk Road online marketplace, who received a life sentence in 2015 for extensive online criminal activities, is set to be released from prison in January. They expressed their gratitude to President-elect Donald Trump for his support. The announcement was made via the...
Daniel Lurie, an heir to the Levi Strauss fortune, emerged victorious in San Francisco’s mayoral election on Thursday, as incumbent London Breed—the city’s first Black woman mayor who also led its COVID-19 response—conceded the race. Following Breed’s concession, Lurie expressed deep gratitude to his family, campaign team, and every San Franciscan who voted for accountability,...