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Fed’s Jerome Powell says he would not step down if Trump requested his resignation
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect…
CNN ordered to face Project Veritas’ defamation lawsuit: appeals court
A federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of…
Trump tariffs could send US toy prices soaring more than 50%: trade group
Toy manufacturers could be forced to raise prices sharply – as much as 56% – if President-elect Donald…
Goldman Sachs names dozens of bankers to ‘Wall Street’s most exclusive club’
Goldman Sachs added dozens of bankers to Wall Street’s most exclusive club on Thursday by naming 95 new…
GM ending production of Cadillac XT4 to make more Chevrolet Bolt EVs
General Motors said Thursday it will end production of the gas-powered Cadillac XT4 in January as it shifts production…
The Guardian offers staff counseling over Donald Trump’s ‘upsetting’ election win
The editor of a left-leaning British newspaper offered its staffers counseling to cope with Donald Trump’s “upsetting” victory…
Fed cuts interest rates quarter of a point after Trump election victory
America’s central bankers have slashed the country’s key interest rate by a quarter of a percentage point as…
Nissan axing 9,000 jobs, CEO cuts his own pay as US sales slump
Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said on Thursday, as it…
Trump election win sends green energy stock prices tumbling
Shares of several renewable energy companies traded lower on Wednesday after Donald Trump was declared the winner of the presidential…
Warner Bros. Discovery CEO expects deal-making to surge under Trump as studio posts surprise profit
Warner Bros. Discovery David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door…