Market

Trump Warns BRICS Against De-Dollarization, Threatens 100% Tariffs

President-elect Donald Trump has issued a stark warning to BRICS nations over their ongoing efforts to reduce reliance on the U.S. dollar. Trump threatened to impose a 100% tariff on goods from BRICS members if they move forward with plans to establish a rival currency or abandon the dollar as the dominant international reserve currency.

Biden Blocks New Coal Mining in Region Supplying 40% of U.S. Coal as Trump Pledges Energy Dominance

The Biden administration has halted new coal mining in Wyoming’s Powder River Basin, a region that produces approximately 40% of the nation’s coal. The decision, made through an amendment to the Bureau of Land Management’s (BLM) Resource Management Plan, prohibits new federal coal leases until 2041, citing the need to reduce greenhouse gas emissions as part of the administration’s climate change agenda.

Congressional Committee Finds COVID ‘Most Likely’ Resulted From Lab Leak

A new report from the House Select Subcommittee on the Coronavirus Pandemic acknowledges that the COVID-19 virus "most likely" leaked from a Chinese lab.

Biden Administration Expands Export Controls on Advanced Semiconductor Technology to China

The Biden administration announced new restrictions Monday targeting the export of advanced semiconductor chips and manufacturing equipment to China. The measures, introduced by the Commerce Department's Bureau of Industry and Security, aim to limit Beijing's ability to develop advanced technologies, including artificial intelligence and military applications.

Five Adults, Two Children Injured in U.K. Christmas Market Accident

A driver struck seven pedestrians, including a baby, at a Christmas market in Chipping Sodbury, near Bristol, leaving five adults and two children injured. The incident, which authorities believe was an accident, involved an elderly driver thought to be in his 80s.

Texas Construction Industry Pushes Back on Trump-Vance Deportation Plan

Prominent construction industry leaders in Texas are voicing opposition to President-elect Donald Trump and Vice President-elect JD Vance’s proposed mass deportation program, warning it could severely impact their ability to complete infrastructure projects and maintain operations.

Small Businesses Highlight Community Impact as Holiday Season Kicks Off

A recent report by the National Association of Independent Business (NFIB) highlights the contributions small businesses make to their communities, as the holiday shopping...

Markets Rally Following Trump Election Victory, Posting Best Month of 2024

The stock market is recording its strongest month this year following President-elect Donald Trump’s victory in the 2024 election, reflecting investor optimism about the economic outlook under the incoming administration.

LA’s Mansion Tax Backfires, Slashes Property Sales by 70% and Threatens City Revenue

The City of Los Angeles’s "mansion tax" has led to a dramatic 70% drop in sales of properties over $5.15 million, significantly impacting property...

Biden Administration Approves $6 Billion Loan for Struggling EV Maker Rivian

The Biden administration has committed to a $6 billion loan to electric vehicle manufacturer Rivian to construct a new factory in Social Circle, Georgia,...

Latest news

- Advertisement -spot_img