5 hours ago Elon Musk has cozied into Trump’s White House. How long will this bromance last? | Katrina vanden Heuvel

The absurd Musk-Trump pact might have a silver lining: their relationship, like Trump’s coalition at large, is fragileIt’s deja vu all over again, again. In the wake of Donald Trump’s decisive re-election, his transition team has moved to pack his cabinet and adviser positions with figures straight out of the Star Wars cantina – some of the most dangerous and bizarre sideshows from every corner of his chaotic galaxy.In the Trump Cinematic Universe, loyalty usurps qualification. That’s why Pete Hegseth, a Fox News host who wants to eliminate “woke” officials from the military, got tapped to oversee our national defense. And it’s why Matt Gaetz was asked to helm the very Department of Justice that was investigating him for alleged sex trafficking, before his abrupt withdrawal from conside...

Politics

6 hours ago Bitcoin rises after SEC chair says he is to step down when Trump is inaugurated

Gary Gensler, a critic of the cyrpto industry, will leave the US financial regulator on 20 JanuaryCryptocurrencies have risen sharply after one of the industry’s biggest critics, Gary Gensler, said he would stand down as the head of the US financial regulator when president-elect Donald Trump was inaugurated in January.In a post on X, Gensler confirmed he would resign from the US Securities and Exchange Commission (SEC) on 20 January. Continue reading...

Politics

12 hours ago Jeff Bezos issues blunt response to Elon Musk's claim he predicted Trump would lose

Jeff Bezos clapped back at Elon Musk after the Donald Trump ally claimed the Amazon founder told people the president-elect 'would lose for sure' and should sell all Tesla and SpaceX stock.

Politics

13 hours ago Ellen DeGeneres, the Cotswolds and the Meghan Markle connection: The die

It is a long way from sunny Montecito, California, to England's Cotswolds. But that is the move Ellen DeGeneres was this week said to be planning in the wake of Donald Trump's re-election.

Politics

20 hours ago Donald Trump is flogging 'signature edition' guitars for £8K to make extra cash

It is not like president elect Donald Trump is short of a few bob but the power hungry bloke is now making even more cash on the side by selling signed electric guitars

Economics

20 hours ago Jeff Bezos publicly hits back at Elon Musk's claims saying they are '100% not true'

Amazon founder Jeff Bezos and Tesla CEO Elon Musk have had an awkward back on forth on X, formely Twitter, over a dispute regarding president elect Donald Trump

Events

21 hours ago Several of Trump's Cabinet picks — and Trump himself — have been accused of sexual misconduct

Former congressman Matt Gaetz has withdrawn his name as President-elect Donald Trump's choice for attorney general in the face of sexual misconduct allegations

Politics

22 hours ago Trump breaks his silence on Matt Gaetz's withdrawing as his AG pick and why he 'respects' the decision

President-elect Donald Trump reacted to the news that his nominee for attorney general former Rep. Matt Gaetz had chosen to withdraw his name from consideration.

Politics

23 hours ago Trump’s tax cuts and Musk’s Doge show they have no idea about US debt | Jeffrey Frankel

It is often said the tycoons know how to put America’s fiscal house in order – but the smart money says that’s not the caseWhen the US presidential election was called for Donald Trump, the yield on 10-year US government bonds increased from 4.3% to 4.4%, and the 30-year bond yield rose from 4.5% to 4.6%, with both remaining at those levels 10 days later.As the bond market declined – higher yields mean lower prices – the stock market rose. Clearly, investors expect the next Trump administration to produce higher government budget deficits and more debt. Continue reading...

Politics

24 hours ago Elon Musk to ‘summon MPs to US to explain threats to American citizens’

World’s richest man responds to UK parliamentarians saying they will call him to testify about X’s role in spreading disinformation during riotsElon Musk has said UK MPs “will be summoned to the United States of America to explain their censorship and threats to American citizens” in a fresh escalation of tensions between the world’s richest man and Labour.Musk, who has been a fixture at the side of Donald Trump since his re-election as US president, was responding to a Guardian report on Wednesday that the Commons’ science and technology select committee would call him to give evidence in the new year in its inquiry into the spread of harmful content on social media after the August riots. Continue reading...

Events