Jeff Bezos has reacted to Elon Musk's claim that the Amazon founder had advised people to sell their Tesla and SpaceX stocks because he expected Donald Trump to lose the US election.
Elon Musk is officially the wealthiest person in history with a net worth of $347.8 billion, according to CNN. The dramatic rise follows a rally in Tesla stock, driven by Wall Street optimism about the pro-business stance of Donald Trump.
One pressing concern for Scott Bessent will be "how to navigate a desire for more protectionism while avoiding a global trade war," EY chief economist Gregory Daco said.
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
Continuing with his trend of picking loyalists, Donald Trump has made yet another nomination picking Pam Bondi as Attorney General. This came after Matt Gaetz withdrew his candidacy amid a deluge of allegations regarding sex trafficking and drug use.
US President-elect Donald Trump is planning to cut federal spending, and one of the methods he may use is impoundment.
US President-elect Donald Trump is handing top roles in his future administration to a mix of allies, provocateurs, and a few relatively conventional figures.
US President-elect Donald Trump has nominated Pam Bondi as the country's next attorney general. The Thursday announcement came after firebrand Rep. Matt Gaetz's withdrawal from consideration amid allegations of sexual misconduct.
US Securities and Exchange Commission (SEC) Chairman Gary Gensler will step down as Wall Street's top regulator at the end of the Joe Biden administration, he said.
US President-elect Donald Trump tapped Pam Bondi, a staunch ally who helped defend the ex-leader against impeachment, as US attorney general following firebrand Matt Gaetz's withdrawal from the running.