05:00
German Chancellor Merz to visit Trump next week
German Chancellor Friedrich Merz will travel to Washington next week to meet U.S. President Donald Trump.
Trump and Musk watch SpaceX launch Starship
Reuters
SpaceX conducted its sixth Starship test flight on November 19, launching the 400-foot-tall rocket system from Boca Chica, Texas, as U.S. President-elect Donald Trump observed.
Designed for missions to the moon and Mars, the rocket lifted off at 4 p.m. CT but saw its Super Heavy booster make an unplanned splashdown in the Gulf of Mexico.
Starship orbited Earth before splashing down in the Indian Ocean. While its previous test successfully demonstrated a catch-landing, Tuesday’s attempt aimed for a more challenging maneuver.
Trump’s attendance highlights his growing alliance with Elon Musk, whose ventures could gain from government contracts under Trump’s administration.
03:01
Trump to double steel tariffs to 50%
President Donald Trump announced that he will increase steel tariffs from 25% to 50%, a move that could push up costs for industries relying on steel, including housing and auto manufacturing.
02:15
Wall Street ends week mixed as Trump accuses China of trade deal breach
U.S. stocks wrapped up the week with a mixed finish after President Donald Trump accused China of breaking a recent trade agreement, reigniting global market jitters just weeks after a deal was struck in Geneva.
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