All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.
The Trump-Vance transition team announced Tuesday that it has signed a Memorandum of Understanding (MOU) with the Department of Justice, allowing the FBI to conduct background checks and security clearances for cabinet nominees and incoming White House staff. The agreement follows a period of hesitation by the transition team, citing distrust of the FBI. Traditionally, the FBI is responsible for vetting cabinet nominees and managing security clearances, but the process had been delayed due to the lack of an agreement.
Although President-elect Donald Trump has yet to take office, the promise of stricter border enforcement is already deterring many would-be illegal immigrants from attempting to enter the United States. According to reports, a growing number of migrants stranded in Mexico are seeking to return to their home countries, disillusioned by the risks and dwindling opportunities to cross the border under Trump’s upcoming administration.
One of the few areas of collaboration between global nuclear powers, the International Space Station (ISS), is set to end its operational life by 2030. The ISS, a joint effort between NASA, Roscosmos (Russia), ESA (Europe), JAXA (Japan), and CSA (Canada), has been a hub for groundbreaking experiments since its launch in 1998. However, its decommissioning marks the conclusion of an era in international space cooperation.
President-elect Donald Trump announced Wednesday the nomination of Paul Atkins, a former Securities and Exchange Commission (SEC) commissioner, to head the agency
The French government has fallen after members of Parliament voted to oust Bichel Barnier. The event serves as the first time the country's government has collapsed in a no-confidence vote since 1962.
An elementary school in Alberta, Canada, has canceled its Christmas concert, announcing instead that an "inclusive" spring concert will be held in 2025.
President-elect Donald Trump announced that Peter Navarro will serve as the Senior Counselor for Trade and Manufacturing in the incoming Trump administration.
