US Meat, Milk Prices Should Spike if Donald Trump Carries Out Mass Deportation Schemes newsthirst.

In recent earnings calls, shareholders in some publicly traded meat companies have asked whether the Trump administration’s deportation plans—among other issues—may pose a challenge to their industry. “We’ve been there before. It did not impact our business,” said Tim Klein, CEO of National Beef, which is owned by the Brazilian food company Marfrig, in response…

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Congress in disarray and shutdown looms as Trump, Musk pan spending deal newsthirst.

The US could face a government shutdown at midnight on Saturday after President-elect Donald Trump called on Republican lawmakers to reject a bipartisan funding bill that would have kept the government funded through March. Trump urged Congress to scrap the deal and pass a slimmer version with fewer provisions. His intervention followed heavy criticism of…

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Leaders weigh U.S.’ role in climate policy after Trump win newsthirst.

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…

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Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE newsthirst.

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…

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Ex-Cleveland Fed President Mester sees fewer rate cuts after Trump win newsthirst.

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…

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US envoy vows climate fight will continue under Trump newsthirst.

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…

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