Assets

Investor Kevin O'Leary announced that he partnered with an initiative seeking to acquire TikTok. The announcement comes as the social media platform is set to be banned across the United States later this month.

Ukrainian President Volodymyr Zelenskyy dismissed any notion of forgiving Russian President Vladimir Putin during a podcast interview with Lex Fridman, citing atrocities committed during Russia's invasion of Ukraine. Zelenskyy labeled Putin a child murderer and rejected the possibility of a peace deal involving forgiveness.

The U.S. Department of Treasury sanctioned entities in Iran and Russia over interference in the 2024 General Election.

Mass deportations proposed by President-elect Donald Trump could deliver a significant blow to Mexico’s economy, warns Ismael Plascencia López, a specialist with the Northwest Mexico Federation of Economists.

Rep. Michelle Steel, R-Calif., is under consideration to serve as the U.S. ambassador to South Korea in President-elect Donald Trump’s administration. Steel, the first Korean-American woman elected to Congress, recently lost her reelection bid by a narrow 604-vote margin. Discussions about her appointment come amid heightened interest in South Korea due to significant political upheaval.

The Chinese government placed sanctions on seven U.S. companies in response to the United States announcing assistance to Taiwan.

Big Lots announced that it will begin its Going Out of Business (GOB) sales at all its stores.

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Robert F. Kennedy Jr., President-elect Donald Trump’s nominee for Secretary of Health and Human Services, earned approximately $10.7 million in 2023, with much of his income stemming from his work with various law firms and his leadership of a vaccine-skeptic nonprofit. According to recently amended financial disclosures filed as part of his presidential campaign, Kennedy also holds significant assets, including between $500,001 and $1 million in Bitcoin and commercial real estate in Chicago worth hundreds of thousands of dollars.

The nonprofit Fix the Court, an organization advocating for Supreme Court reforms under the banner of “ethics” and “transparency,” is facing backlash for questionable financial practices. Fiscal 2023 financial disclosures reveal the group paid its director, Gabe Roth, a salary amounting to 96% of its annual revenue.