{
}
President-elect Donald Trump has nominated former U.S. Senator Kelly Loeffler to lead the Small Business Administration, praising her as a "tremendous fighter" who will work to reduce red tape and support small businesses. Loeffler, who served in the Senate for just over a year, previously lost a runoff election to Democrat Raphael Warnock and has been involved in various business ventures, including founding RallyRight. Her nomination is subject to Senate confirmation.
U.S. stock and bond markets reacted positively to President-elect Trump's nomination of Scott Bessent for Treasury secretary, signaling confidence in his market expertise and economic philosophy. Bessent anticipates strong growth and low inflation, advocating for a balanced approach to tariffs and national debt reduction. While some political opposition exists, analysts expect a smooth confirmation process, viewing Bessent as a stabilizing force in Trump's economic agenda.
Former national security adviser H.R. McMaster criticized Trump’s potential cabinet picks, particularly Sebastian Gorka, and expressed concern over some Republicans echoing Putin's rhetoric. While some Democrats support Marco Rubio for Secretary of State, others remain skeptical of Trump’s choices, including Tulsi Gabbard for Director of National Intelligence, citing her alleged ties to Russia. Senator Tammy Duckworth deemed Pete Hegseth unqualified for Secretary of Defense, emphasizing the need for experienced leadership in the military.
As Donald Trump assembles a foreign-policy team filled with China hawks, understanding the evolving dynamics of U.S.-China relations is crucial. With a weakened Chinese economy, rising tensions over Taiwan and the South China Sea, and the global impact of the Ukraine war, new strategies must consider Xi Jinping's motivations and the risks he is willing to take.
The US Treasury Department is set to impose new restrictions on investments in Chinese AI startups starting January, aimed at safeguarding national security. These measures will prohibit funding for companies developing technology for military use and set a threshold of 10^25 flops for other AI models, complicating due diligence for US investors. As tensions rise, the incoming Trump administration may further tighten these rules, potentially impacting the broader landscape of US-China tech investments.
At the Apec summit, Xi Jinping expressed China's desire for stable relations with the U.S. while warning of potential escalation under a Trump administration, which plans aggressive trade policies. Xi emphasized China's core interests, including Taiwan and development rights, and cautioned against attempts to curb China's influence. The meeting highlighted ongoing tensions between the two superpowers amid a backdrop of trade disputes and geopolitical challenges.
Emmanuel Macron is in Argentina to address concerns over potential disruptions to the G20 summit by Javier Milei, while also seeking to delay the EU's significant trade agreement with South America, known as the Mercosur pact. Meanwhile, European unease grows regarding Trump's cabinet selections, particularly with Marco Rubio's hawkish stance on China and Tulsi Gabbard's intelligence role.
Biden's final meeting with Xi Jinping resulted in agreements on AI and nuclear issues, contrasting with Trump's anticipated hawkish stance towards China, including potential tariffs and appointments of critics of Beijing. Xi cautioned against harmful competition, emphasizing the need for stable U.S.-China relations. National security adviser Jake Sullivan noted Biden's focus on ensuring a smooth transition to the incoming administration while maintaining communication and cooperation.
U.S. President Joe Biden and Chinese President Xi Jinping are set for a tense meeting in Lima, Peru, amid rising tensions over cybercrime, trade, Taiwan, and Russia, just before Donald Trump's inauguration. The leaders aim to stabilize relations during this transition, as China seeks to ease tensions and strengthen ties in Latin America. Meanwhile, Biden's trade policies and Trump's proposed tariffs pose significant challenges to U.S.-China relations.
Elon Musk reportedly met with Iran's UN ambassador, Amir Saeid Iravani, at a secret location to discuss potential easing of US-Iran relations. The meeting, described as "positive," comes amid a backdrop of US sanctions and follows Trump's nomination of Marco Rubio as Secretary of State, known for his hardline stance on Iran.
Marco Rubio
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Trump Nominates Kelly Loeffler as Small Business Administration Administrator
WNBA
USA
Elise Stefanik
Marco Rubio
Pam Bondi
Johnny Isakson
Raphael Warnock
Kelly Loeffler
Donald Trump
Show more
02:03 05.12.2024
trump's treasury pick scott bessent boosts market confidence and growth prospects
United States Dollar
Fundstrat Global Advisors
AGF Investments LLC
Evercore ISI
Raymond James Financial, Inc.
Key Square Group LP
USA
Marco Rubio
Greg Valliere
Scott Bessent
Sarah Bianchi
Elizabeth Warren
Donald Trump
Howard Lutnick
Ed Mills
Tom Leek
Show more
15:18 25.11.2024
trump faces mixed reactions to cabinet picks from democrats and republicans
United States Dollar
Apple Inc.
ByteDance
Fox News
USA
RUS
IRN
CHN
UKR
GEO
Elise Stefanik
Marco Rubio
Tammy Duckworth
Bill Hagerty
Adam Schiff
Lori Chavez-DeRemer
Mehmet Oz
Doug Collins
Pete Hegseth
Tulsi Gabbard
Vladimir Putin
Eric Schmitt
Donald Trump
Sebastian Gorka
Show more
23:09 24.11.2024
understanding xi jinping's motivations in a changing global landscape
14:52 21.11.2024
us government restricts investments in chinese ai startups for national security
Euro
United States Dollar
ByteDance
Blackstone Inc.
Zhipu AI
Tesla, Inc.
USA
CHN
Sarah Bauerle Danzman
Jaime Sevilla
Robert A. Friedman
Emily Kilcrease
Marco Rubio
Show more
12:30 18.11.2024
xi jinping warns of escalation as trump prepares aggressive trade policy
Google Inc.
Microsoft Corporation
Apple Inc.
TWN
RUS
UKR
USA
CHN
Joe Biden
Donald Trump
Xi Jinping
Mike Waltz
Marco Rubio
Show more
15:44 17.11.2024
Macron seeks to influence G20 and delay Mercosur trade deal
Euro
Mercosur
Apple Inc.
EU
FRA
Liz Truss
Tulsi Gabbard
Macron
Emmanuel Macron
Marco Rubio
Show more
15:23 17.11.2024
biden and xi discuss future us china relations amid trumps election victory
02:47 17.11.2024
biden and xi meet amid rising tensions before trump's inauguration
Chinese Yuan
United States Dollar
Apple Inc.
USA
BRA
PER
CHN
Joe Biden
Xi Jinping
Mike Waltz
Lai Ching-te
Marco Rubio
Show more
14:03 16.11.2024
Elon Musk meets Iran's UN ambassador to discuss easing US relations
United States Dollar
Tesla, Inc.
USA
Amir Saeid Iravani
Donald Trump
Elon Musk
Vivek Ramaswamy
Marco Rubio
Show more
04:14 15.11.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Government Economic Policies
Market Analysis and Predictions
CEO Changes
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
Lloyds Banking Group plc
SpaceXCoin USD
Morgan Stanley
UBS Group AG
Bank of America Corporation
Amazon.com, Inc.
Wells Fargo & Company
BNP Paribas SA
NVIDIA Corporation
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Japanese Yen
Swiss Franc
Indian Rupee
Chinese Yuan
South Korean Won
Canadian Dollar
Vietnamese Đồng
Australian Dollar
Thai Baht
Singapore Dollar
Indonesian Rupiah
New Taiwan Dollar
Mexican Peso
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Troy L Rohrbaugh
Jennifer Piepszak
Olivier Calvet
Karoline Leavitt
Ursula von der Leyen
Scott Bessent
Stacey Friedman
George Saravelos
Susan P. Crawford
Francois Xavier Bouvignies
Joseph Spak
Stefan Rauti
Greg Rubini