'A star is born:' Elon Musk's big bet on Trump pays off
Tesla and SpaceX billionaire Elon Musk's huge bet on President-elect Trump has paid off as he looks to form an administration that will strengthen his companies and his political power. It seems so. As of early Wednesday morning, Trump was expected to defeat Vice President Harris head-on in the Electoral College, win the popular vote […]
Bernie Moreno: Tariffs are ‘not going anywhere’
Bernie Moreno, the Republican businessman who defeated incumbent Ohio Sen. Sherrod Brown (D), pointed to President-elect Trump's promise to boost the U.S. economy through tariffs. “They're not going anywhere,” Moreno said on Fox News Wednesday. “We're going to introduce a tax system that punishes companies that take our jobs overseas, and a tax system that […]
Supreme Court hears Facebook's bid to block Cambridge Analytica shareholder suit
The Supreme Court on Wednesday considered Facebook's bid to block shareholder lawsuits over the Cambridge Analytica data scandal from proceeding. After the scandal became widely known in 2018, shareholders on social media accused Facebook of misleading investors by not mentioning Cambridge Analytica's misuse of user data in previous securities filings. sued the company. The tech […]
Trump tops list of crypto election victories
Just two years after several scandals rocked the industry's standing in Washington, D.C., the crypto world is celebrating a successful operation to oust critics and usher in new allies up and down the ballot. There is. Although the crypto industry walked a fine line when making pitches to both former President Trump and Vice President […]
Here are the stocks rallying the most on Trump's victory
President-elect Trump's successful re-election bid has seen stocks in cryptocurrencies, tech and auto industries trend higher less than 24 hours after the results were announced. The Dow Jones Industrial Average rose more than 3%, and the Nasdaq Composite and S&P 500 also mostly rose. 2% at noon. cryptography Cryptocurrency exchanges have taken a measurable leap […]
Trump, Senate GOP victories send markets soaring
Stocks soared Wednesday morning on news that former President Trump secured a second term in the White House and Republicans gained a majority in the Senate. The Dow Jones Industrial Average rose 1,341 points (about 3.1%) as the market opened, hitting a record high. This is the first time since November 2022 that the index […]
Trump hits Harris over 'worst jobs report in the history of our country'
Former President Trump on Friday slammed the Department of Labor's jobs report during a rally in Michigan, calling it “the worst jobs report in the history of our country.” “We have the latest news, and it’s actually bad news. If you happen to come into conflict with the idiots who made this news, there can […]
Lobbying World: Treasury appointee joins Cornerstone
Ron Storehaug I am participating Essential government workFederal Government Relations Team Ahead of 2025 Tax Battle. Mr. Stollhaug previously served as Assistant Secretary for Tax and Budget in the Department of the Treasury's Legislative Service and previously served as a senior economic policy advisor to Sen. Tim Kaine (D-Va.). Arshi Siddiqui Started a boutique lobbying […]
Most voters in new survey say Trump cares about interests of rich over Harris
A majority of American adults say former President Donald Trump is more attentive to the needs and issues of wealthy Americans than Vice President Harris, a new survey finds. of Recent YouGov polls The survey found that nearly two-thirds (63%) of American adults said Mr. Trump is considerate of the needs of the wealthy, compared […]
Boeing offers new deal to end 7-week strike: What to know
Striking Boeing mechanics are scheduled to vote Monday on a new deal that could end a strike that has spanned more than seven weeks. The International Association of Machinists (IAM), which represents approximately 33,000 mechanics, announced A preliminary contract was approved earlier this week. “Your union supports and recommends the latest IAM/Boeing contract proposal. It […]