Participants walk by the entrance of the U.N. COP29 climate conference at the Baku Olympic Stadium. Sopa Images | Lightrocket | Getty Images BAKU, Azerbaijan — Dubbed the “climate financing COP,” the 29th iteration of the U.N.’s annual climate summit in Baku, Azerbaijan, has hosted talks focused on unlocking crucial funds to combat environmental change…
Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said…
Federal Reserve chair Jerome Powell speaks during a news conference on Sept.18, 2024 in Washington, DC. Anna Moneymaker | Getty The U.S. Federal Reserve could carry out fewer interest rate cuts than previously expected next year should President-elect Donald Trump’s proposed global tariffs take hold, former Fed policymaker Loretta Mester said Tuesday. Mester indicated that…
Getty Images President-elect Donald Trump is expected to name Rep Michael Waltz, a Florida Republican, to serve as national security adviser, two sources familiar with the matter told CBS News, the BBC’s US partner. A veteran of the war in Afghanistan and a long-time Trump supporter, Waltz was re-elected to Congress last week – though…
Reuters Out of all of Donald Trump’s supporters, Derrick Evans has a particular reason to be happy with November’s election results – he hopes the president-elect will give him a pardon for participating in the 6 January riots at the US Capitol. “A pardon will be life changing,” said Evans, who was a member of…
Getty The US will still continue fighting climate change and curbing its emissions of planet-warming gases despite the election of Donald Trump, the US special envoy told the COP29 conference on its opening day. John Podesta, a Biden administration appointee, labelled the incoming president a climate denier who would dismantle environmental safeguards and remove the…
The Kremlin has denied media reports that US President-elect Donald Trump held a call with Vladimir Putin, in which he is said to have warned the Russian president against escalating the war in Ukraine. The call, which was first reported by the Washington Post on Sunday, is said to have happened on Thursday. Trump is…
US President-elect Donald Trump has made two more key appointments ahead of his return to the White House in January. Tom Homan, 62, will serve as Trump’s “border tsar”, having previously served as the returning president’s acting director of Immigration and Customs Enforcement (Ice). New York Congresswoman Elise Stefanik, 40, has also been made ambassador…
A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the New York Stock Exchange (NYSE) in New York City, U.S., November 6, 2024. Andrew Kelly | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up…
Donald Trump’s victory in U.S. elections has raised the specter of higher tariffs on China — but it may not be the only Asian country that faces this predicament, according to Goldman Sachs. While the U.S. bilateral trade deficit with China has decreased somewhat since the Trump administration, deficits with other Asian exporters have risen…
