President-elect Donald Trump announced Susan Wiles, his 2016 and 2020 campaign manager, as his White House chief of staff on November 7. Wiles, a Florida-based strategist, becomes the first woman to hold the position. Trump praised her as tough, smart, and innovative.
The U.S. Federal Reserve cut interest rates by 0.25% to 4.5%-4.75% as inflation cools and labor market weakens. This follows a weak October jobs report, showing only 12,000 new jobs, and downward revisions for August and September. The easing cycle began in September with a 0.5% cut.
The U.S. reports 8,000 North Korean troops in Russia's Kursk, sparking tensions at the Security Council, while sanctions target nearly 400 entities for evading measures against Russia's invasion of Ukraine.
Elon Musk gave about $44 million to his pro-Donald Trump spending group during the first half of October
U.S. Treasury Secretary Janet Yellen announced that G7 and EU partners are nearing a $50 billion loan to Ukraine backed by frozen Russian assets, with the U.S. contributing $20 billion.
Relatives of Lyle and Erik Menendez are urging prosecutors to release the brothers, who have served over 30 years for their parents' murder, as new evidence of alleged abuse by their father is being reviewed.
The U.S. DOJ's proposed remedies to break up Google's search dominance could weaken its core business and impact AI advancements.
Dr. Mark Chavez of San Diego has pleaded guilty to illegally distributing ketamine in connection with the overdose death of "Friends" star Matthew Perry. Chavez, 54, faces up to 10 years in prison, while two others, including another doctor, are set to stand trial in March 2024.
Amazon wins a partial dismissal of the FTC lawsuit accusing it of monopolistic practices, though key details remain sealed. The FTC claims Amazon used anti-competitive tactics to dominate online marketplaces. The case will proceed in two parts, with some allegations allowed to continue.
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