President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary on November 22, putting him at the helm of a cabinet position, if confirmed, with vast influence over economic, regulatory and international affairs.
Wall Street had been closely watching who Trump would choose for the coveted role, especially given his plans to remake global trade through tariffs. A handful of finalists emerged in recent days, including former Federal Reserve governor Kevin Warsh and Apollo Global Management CEO Marc Rowan.
Bessent has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production, as noted in a recent opinion piece he wrote for The Wall Street Journal.
California Governor Gavin Newsom is asking Congress for nearly $40 billion in disaster funding to help Los Angeles recover and rebuild areas scorched by last month's devastating wildfires, the Washington Post reported on Friday citing a letter.
A second meeting between representatives of Russia and the United States is planned for the next two weeks, the RIA state news agency reported on Saturday, citing Russian Deputy Foreign Minister Sergei Ryabkov.
Washington, D.C., February 21, 2025 – U.S. negotiators have reportedly raised the possibility of cutting Ukraine’s access to SpaceX’s Starlink satellite internet service unless Kyiv reaches an agreement to grant the United States greater access to its critical minerals.
Boston, February 19, 2025 – In a powerful display of national pride and defiance, Canadian Prime Minister Justin Trudeau used Canada’s recent win in the 4 Nations Face-Off hockey final as a platform to send a clear message to U.S. President Donald Trump.
Feb 19 (Reuters) - Elon Musk's X social media platform is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter.
California Governor Gavin Newsom is asking Congress for nearly $40 billion in disaster funding to help Los Angeles recover and rebuild areas scorched by last month's devastating wildfires, the Washington Post reported on Friday citing a letter.
San Francisco, February 17, 2025 – OpenAI has terminated a group of Chinese ChatGPT accounts that were reportedly used to edit and debug code for an AI-powered social media surveillance tool.
‘We are already negotiating to work together in space, we can collaborate in this sphere also," Russian leader says
Vatican City, February 20, 2025 – Pope Francis will not appear in public on Sunday to lead his customary prayer with pilgrims, marking the second consecutive week of absence, the Vatican announced on Saturday.
London, February 17, 2025 – A new analysis by Cancer Research UK has revealed stark inequalities in cancer mortality across the country, with death rates in the most deprived areas nearly 1.6 times higher than in wealthier regions.
A tragic crowd crush at New Delhi Railway Station on Saturday night left 18 dead and 10 injured as thousands of people, many heading to the Kumbh Mela festival, attempted to board delayed trains. The incident highlights the ongoing risks of overcrowding at public transportation hubs in India.
A Delta Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday, injuring 18 people. Officials are investigating whether strong winds and snow played a role in the incident.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
BERLIN, Feb 22 (Reuters) - NATO is planning to build a pipeline system from Germany to Poland and the Czech Republic to ensure a rapid supply of jet fuel for fighter aircraft in the event of a war with Russia, weekly German magazine Der Spiegel reported.
California Governor Gavin Newsom is asking Congress for nearly $40 billion in disaster funding to help Los Angeles recover and rebuild areas scorched by last month's devastating wildfires, the Washington Post reported on Friday citing a letter.
A second meeting between representatives of Russia and the United States is planned for the next two weeks, the RIA state news agency reported on Saturday, citing Russian Deputy Foreign Minister Sergei Ryabkov.
Washington, D.C., February 21, 2025 – U.S. negotiators have reportedly raised the possibility of cutting Ukraine’s access to SpaceX’s Starlink satellite internet service unless Kyiv reaches an agreement to grant the United States greater access to its critical minerals.
Hamas has begun releasing hostages from Gaza on Saturday in exchange for hundreds of Palestinian prisoners, as Israel confirmed that a body handed over earlier was that of hostage Shiri Bibas.
California Governor Gavin Newsom is asking Congress for nearly $40 billion in disaster funding to help Los Angeles recover and rebuild areas scorched by last month's devastating wildfires, the Washington Post reported on Friday citing a letter.
San Francisco, February 17, 2025 – OpenAI has terminated a group of Chinese ChatGPT accounts that were reportedly used to edit and debug code for an AI-powered social media surveillance tool.
‘We are already negotiating to work together in space, we can collaborate in this sphere also," Russian leader says
Vatican City, February 20, 2025 – Pope Francis will not appear in public on Sunday to lead his customary prayer with pilgrims, marking the second consecutive week of absence, the Vatican announced on Saturday.
London, February 17, 2025 – A new analysis by Cancer Research UK has revealed stark inequalities in cancer mortality across the country, with death rates in the most deprived areas nearly 1.6 times higher than in wealthier regions.
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