While a majority of American voters questioned in a new Fox News poll say they are hopeful about the re-election of President-elect Donald Trump, they are divided when it comes to the president-elect’s top nominees who will likely serve in his upcoming second administration. Fifty-four percent of respondents in the survey, which was conducted Dec. 6-9 and released on Wednesday, ...
Norbert Michel and Jerome Famularo In the aftermath of the COVID-19 pandemic, the United States experienced a much higher rate of inflation than at any time during the prior few decades. Like the prices of many goods and services, the cost of housing rose rapidly, with the median home price increasing almost $100,000. (Figure 1.) Unsurprisingly, many potential homebuyers were—and ...
On Sunday, commenting on the downfall of the Bashar al-Assad regime in Syria, President-elect Donald Trump took a dig at Russian President Vladimir Putin, a staunch supporter of Assad whom Putin gave political asylum in Russia. ‘There was no reason for Russia to be there in the first place,’ Trump wrote on Truth Social. Trump pointed to the fact that ...
As President-elect Trump and his transition team steer his cabinet nominees through the landmines of the Senate confirmation process, top MAGA allies are joining the fight by putting pressure on GOP lawmakers who aren’t fully on board. ‘There will be no resource that we won’t use to go after those U.S. senators that vote against Donald Trump’s Cabinet picks or ...
President-elect Donald Trump described Richard ‘Ric’ Grenell, his former acting director of National Intelligence, as a ‘fabulous person’ and ‘A STAR’ in response to a news report about him potentially serving as a special envoy for Iran. Reuters reported that Trump is considering appointing Grenell to the position, citing ‘two people familiar with the transition plans.’ ‘He’s definitely in the ...
McWin Capital Partners, the European food-focused investment firm, is reported to be in early talks to acquire Gail’s, the much-loved but premium-priced UK bakery chain, according to a report by Bloomberg. The news comes hot on the heels of Gail’s owners hiring Goldman Sachs to prepare an auction, amid widespread speculation that the brand could fetch as much as £500 ...
After years of surging rental costs, tenants are finally seeing signs of relief. According to new data from property portal Zoopla, annual rent inflation has slowed to 3.9 per cent, its lowest rate since August 2021. Although rents are still increasing, this marks a significant cooling from 2022’s peak growth of 12 per cent. For the average tenant, who now ...
Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the renowned British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic motoring brands. The deal follows a difficult period for the Woking-based firm, which recorded a record annual loss of £924 million in 2023, up sharply from £349 ...
President-elect Donald Trump nominated a few more candidates on Wednesday night to serve in various positions during his second term. He tapped Kari Lake as the next director of the Voice of America, a state-funded U.S. government broadcaster. Lake was a longtime Arizona broadcaster who ran unsuccessfully for public office in 2022 and 2024. ‘I am pleased to announce that ...
The House voted to pass its yearly defense bill Wednesday, adding about another $1 trillion to the $36 trillion national debt. The 1,800-page bill known as the National Defense Authorization Act (NDAA), details how $895.2 billion allocated toward defense and national security will be spent. On Wednesday, the bill passed 281-140, with 16 Republicans voting no. Only 81 Democrats voted ...