Economic

Trump Invites China’s Xi Jinping, and Other Leaders to Inauguration

President-elect Donald Trump has invited Chinese President Xi Jinping and other foreign leaders to attend his January 20 inauguration in Washington, according to Karoline Leavitt, a spokesperson for the Trump transition team. The invitation was reportedly extended in early November, shortly after Trump’s November 5 election victory. The move highlights Trump's willingness to engage with global powers early in his presidency.

Nasdaq Surges Past 20,000, Fueled by AI and Rate Cut Expectations

The Nasdaq Composite Index soared past 20,000 for the first time ever on Wednesday, marking a significant milestone in a year dominated by the...

Bernie Sanders Will ‘Probably’ Leave Senate

Senator Bernie Sanders (I-VT) suggested that his current term is "probably" his last.

Kimberly Guilfoyle Nominated as Ambassador to Greece

President-elect Donald Trump nominated Kimberly Guilfoyle to serve as the U.S. Ambassador to Greece.

Report: China Using Cuban Bases for Espionage Against the U.S.

A report by the Center for Strategic and International Studies (CSIS) reveals that China may be operating multiple espionage facilities in Cuba to spy on the United States. The report, based on satellite imagery and open-source analysis, identifies four key locations—Bejucal, El Salao, Wajay, and Calabazar—as sites supporting China’s signals intelligence (SIGINT) efforts.

Inflation Accelerates in November, Rising 2.7% Annually

Inflation rose in November at the fastest pace in four months, marking the second straight month of acceleration. The Department of Labor reported Wednesday that the consumer price index (CPI) increased by 2.7% over the past year, matching economists' forecasts. Core inflation, which excludes food and energy prices, climbed 3.3% year-over-year.

Biden Controversially Claims Trump Will Inherit a ‘Strong Economy’ From His

Joe Biden delivered remarks on his administration’s economic record Tuesday at the Brookings Institution, making the questionable assertion that President-elect Donald Trump will inherit a “strong economy.” Biden expressed hope that the incoming administration would “preserve and build” on his policies.

Judge Blocks $24.6 Billion Kroger-Albertsons Merger Over Competition Concerns

A federal judge on Tuesday issued a preliminary injunction to temporarily block the $24.6 billion merger between Kroger and Albertsons, the largest proposed grocery...

Hawley Demands Answers: Are Illegal Migrants Hurting American Workers?

During a Senate Judiciary Committee hearing on Tuesday, Republican Sen. Josh Hawley of Missouri confronted American Immigration Council senior fellow Aaron Reichlin-Melnick over the economic impact of illegal immigration on the American workforce.

Trump Jokes About Canada as a U.S. State, Calls Trudeau “Governor”

President-elect Donald Trump sparked headlines Tuesday with a playful jab at Canadian Prime Minister Justin Trudeau, referring to him as the “Governor” of the “Great State of Canada.” The comments were shared in a post on Trump’s Truth Social account, where he recounted a recent dinner with Trudeau and expressed optimism about upcoming trade talks.

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