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Musk Ally Ramaswamy Takes Aim At Biden's $6.6B Loan To Tesla Rival Rivian
Saturday, November 30, 2024 - 3:30pm | 418Newly appointed government efficiency co-czar Vivek Ramaswamy says he will scrutinize a loan issued by the Biden administration to electric vehicle (EV) manufacturer Rivian, a rival of Tesla Inc. (NASDAQ:TSLA). What Happened: Ramaswamy, a biotech entrepreneur, will lead the Department of Government...
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Scaramucci on Trump Deportation Plan: 'We're Going To Have a Stock Market Crash'
Saturday, November 30, 2024 - 2:30pm | 564Anthony Scaramucci, who briefly served as White House communications director during President-elect Donald Trump‘s first term, sees promise in Trump’s proposed Cabinet but fears that Trump’s mass deportation plan could have severe economic repercussions. What Happened: During a...
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Trump Has Selected Just Three People of Color for Top Jobs
Saturday, November 30, 2024 - 2:15pm | 313As President-elect Donald Trump announces his new Cabinet picks, the diversity of his selections remains a point of contention. Despite making significant strides in gaining support from Black and Latino voters during his campaign, his Cabinet picks tell a different story, reports Politico. As in...
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Mary Trump Slams Uncle Over Alleged Incident Involving Black Girl's Hair: 'He Is A Racist After All'
Saturday, November 30, 2024 - 2:00pm | 535President-elect Donald Trump‘s jest about procuring a young Black girl’s hair for a hefty sum has been labeled as “racist” by his niece Mary Trump. What Happened: Last Sunday, Trump encountered the girl at his Florida golf course. The interaction, captured on video, quickly...
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More Than Two-Thirds of Registered Voters Think Trump Will Issue January 6 Pardons
Saturday, November 30, 2024 - 12:15pm | 373Most U.S. voters believe President-elect Donald Trump will grant pardons to individuals involved in the January 6, 2021, riot at the U.S. Capitol once he returns to the White House. A new poll by Politico/Morning Consult reveals that 40% of registered voters think that it is “very likely...
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Trump's HHS Pick RFK Jr. Has a Long History of Challenging Global Health Policies
Saturday, November 30, 2024 - 11:15am | 500Health and Human Services Secretary-designate Robert F. Kennedy Jr. has a long history of working internationally to challenge public health policies. Known for his outspoken skepticism about vaccines and conspiracy theories, Kennedy has extended his influence beyond the U.S. to undermine global...
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Trump May Start New Term With Acting Secretaries Due To Senate Skepticism of Nominees
Saturday, November 30, 2024 - 10:30am | 399President-elect Donald Trump may face significant challenges in filling key Cabinet positions, as several of his nominees are expected to encounter strong opposition from Senate Republicans. With a GOP-controlled Senate, Trump could be forced to rely on acting secretaries for some departments, a...
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Elon Musk's DOGE Dream Team: From Marc Andreessen To Uber's Travis Kalanick, Silicon Valley Titans Reportedly Join Forces To Overhaul Federal Spending
Saturday, November 30, 2024 - 3:54am | 788Earlier this month, President-elect Donald Trump selected Elon Musk and Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (DOGE). DOGE’s mission is to identify opportunities for cost-cutting, aiming to reduce the federal budget by up to $2 trillion. Musk and...
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JPMorgan, Tesla Settle 3-Year-Old Dispute Over Stock Warrants
Saturday, November 30, 2024 - 12:43am | 630JPMorgan Chase & Co. (NYSE:JPM) has decided to withdraw its lawsuit against Tesla Inc. (NASDAQ:TSLA), which was centered around a breach of contract involving stock warrants from 2014. What Happened: This resolution was revealed through a court filing in Manhattan,...
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Canadian PM Justin Trudeau Warns Trump's 25% Tariff Plan Will Hurt Americans At High-Stakes Dinner
Friday, November 29, 2024 - 10:01pm | 545Canadian Prime Minister Justin Trudeau could speak to President-elect Donald Trump about the potential negative impacts of his proposed 25% tariff plan on American and Canadian citizens. What Happened: Trudeau and Trump had a high-stakes dinner at Mar-a-Lago on Friday, reported CNN, citing a source...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, November 29, 2024 - 2:43pm | 1627Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Trump's Proposed Tariffs Target Mexico, Canada, US Automakers; Wall Street Shrugs Off Concerns, Soars To Record Highs: This Week In The Markets
Friday, November 29, 2024 - 2:35pm | 548In a shortened trading week for the Thanksgiving holiday, President-elect Donald Trump sent shockwaves through the markets by announcing plans to impose a 25% tariff on all imports from Mexico and Canada alongside a 10% hike on Chinese goods. These measures, he indicated, aim to pressure these...
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Friday's Top 5 Trending Stocks: What's Going On With SMCI, Nvidia, MicroStrategy?
Friday, November 29, 2024 - 1:51pm | 580Super Micro Computer, Inc. (NASDAQ:SMCI), Nvidia Corp. (NASDAQ:NVDA), MicoStrategy, Inc. (NASDAQ:MSTR), SoFi Technologies, Inc. (NASDAQ:SOFI) and Tesla, Inc. (NASDAQ:TSLA) are the top five trending tickers on Yahoo Finance Friday. Here's a look at what grabbed retail investors' attention as much of...
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GM, Other US Automakers Face Sharp Profit Squeeze From Trump Tariffs, Analysts Warn
Friday, November 29, 2024 - 12:14pm | 707The U.S. auto industry may be staring down a massive profitability crunch as President-elect Donald Trump's proposed 25% tariffs on vehicle imports from Mexico and Canada threaten to squeeze margins by nearly one-fifth, according to S&P Global Ratings. Michigan-based automakers like General...
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Dollar Snaps 8-Week Winning Streak, Falls To 1-Month Low Versus Yen As Traders Brace For Bank Of Japan Interest Rate Hike
Friday, November 29, 2024 - 9:36am | 738The U.S. dollar is poised to end an eight-week winning streak with its worst weekly drop since mid-August, as resilient European currencies and a surging Japanese yen pull the greenback lower. A currency-weighted gauge of the dollar, tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP...