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The Latest Breaking News from Donald Trump

Governments are likely to pillage the $80 trillion Great Wealth Transfer to help balance their national debt burdens, says UBS

“It seems unrealistic to suppose that governments will just sit idly by as this wealth moves around. We would expect governments to attempt to mobilize that wealth to help fund their debt,” UBS chief economist Paul Donovan said.

Fortune

Crude Oil Pushes Higher on Tighter Russian Supplies and a Decline in EIA Inventories

December WTI crude oil (CLZ25 ) today is up +0.681 (+1.13%), and December RBOB gasoline (RBZ25 ) is up +0.0311 (+1.67%). Crude oil prices are moving higher today on the outlook for smaller global oil supplies, due to expectations that President Trump will follow through and enforce new oil sanctions...

Barchart

Obamacare insurance prices will jump up 26% next year, report predicts

Enhanced subsidies keeping premiums affordable for millions will expire, threatening to more than double what households pay out of pocket

The Guardian - US

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Gen Z is leading a blue-collar revolution as more Americans lose faith in college education

U.S. colleges are being questioned by the Trump administration, while citizens wonder if costly degrees are even worth it anymore, pushing Gen Z into blue-collar roles.

Fortune

What to know about Prop 50, California’s redistricting ballot measure - Roll Call

Californians will decide the fate of their new congressional lines through a ballot measure known as Proposition 50.

Roll Call

Jimmy Kimmel on government shutdown: ‘There is no Republican plan for healthcare’

Late-night hosts discussed the lack of Republican effort to end the shutdown as Trump paid a state visit to Japan

The Guardian - US

North Korea boasts of cruise missile test as Trump visits South Korea

US President Donald Trump sought to downplay the incident, saying he still wanted to meet North Korean leader Kim Jong-un for talks.

Euronews

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Another blow for Trump as judge disqualifies ‘unlawfully serving’ top prosecutor in Los Angeles

Trump’s DOJ faces growing legal challenges over attempts to keep his loyalists in office without Senate confirmation

The Independent UK

Fed Delivers Expected Rate Cut While Signaling End to Balance Sheet Reduction

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.53%. The Federal Reserve delivered a widely anticipated policy decision this afternoon,...

Barchart

The House was out in October. Does it matter? - Roll Call

With legislation and hearings stalled, this was the month that wasn’t on the House side of the Capitol.

Roll Call

Jake Tapper on Censorship, Media Failings, and Presidential Power

Jake Tapper examines the growing pressure on the news media to serve political interests, Donald Trump’s attacks on the press and peaceful protesters, as well as the lasting damage Joe Biden may have done to the Democratic Party.

Reason

Pennsylvania man wrongfully imprisoned for over 40 years, now facing deportation to India

‘He, more than anybody else, knows that sometimes things don't make sense’

The Independent UK

White House fires entire commission set to review Trump’s beloved $300 ballroom design

White House said it will re-appoint members to the Commission of Fine Arts that are closely aligned with the president

The Independent UK

Experts debunk morning-after pill myths after it is made available for free in pharmacies

Experts have cleared up a number of common misconceptions surrounding emergency contraception

The Independent UK

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The Mary Sue

Trump reveals his mass deforestation plans as retaliation to Canada, says the US will grow its own lumber

The current United States government isn’t the most American-friendly, and its leader in chief is proving it once again. In a resurfaced video that has been making the rounds recently, Donald Trump can be seen giving Americans the hope for self-sufficiency, but one that comes at a huge cost.

Euronews

This is how dependent Germany is on Chinese medicines

Germany sold more than 15 million tonnes of pharmaceutical products to China in 2024, while China sold more than 33 million tonnes to Germany.

The Independent UK

DHS is using old videos of chaos and protest to push the Trump-Noem takeover of cities like Chicago: report

At least six of the viral videos posted by the Department of Homeland Security in the last three months have been misleading, according to analysis

Barchart

Dollar Climbs as Global Trade Tensions Ease

The dollar index (DXY00 ) today is up by +0.18%. The dollar is climbing today on easing global trade tensions, which are supportive of economic growth prospects. The US and South Korea finalized a trade deal today that will see South Korea make $150 billion in shipbuilding investments and cap...

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Fortune

Nvidia is officially the world’s first $5 trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

Nvidia reached the $5 trillion threshold just three months after becoming the first company to hit $4 trillion.

Golf Monthly

The Cost Of Visibility: I Believe Kai Trump’s LPGA Exemption Is Good Business But Bad Optics

The sponsor’s invite for the President’s granddaughter exposes the necessary tension between golf talent and celebrity star power

Euronews

Nvidia becomes first company to pass $5 trillion market capitalisation

Nvidia's value is now greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund.

The Guardian - US

Toyota denies promising to invest $10bn in US after Trump announcement

The US president claimed he had been told the carmaker was going to be setting up factories ‘all over’ the US

The Guardian - US

Nvidia becomes world’s first $5tn company amid stock market and AI boom

Silicon Valley chipmaker hits $5tn valuation just three months after it was first to break through the $4tn barrier

Latin Times

Trump Admin Reportedly Believes Strikes On Alleged Drug Boats Are So Popular That They Won't Need Approval From Congress

The Trump administration is so confident that its military campaign in the Caribbean, which includes strikes against alleged drug boats, is so popular that it doesn't need approval from Congress, according to a new report.

The Independent UK

GOP senators told JD Vance that Trump’s beef deal was an ‘insult’ to farmers, new report says

Vice president ‘bombarded’ with questions from Republicans about agreement to ramp up meat imports from Argentina, which they fear could adversely impact American ranchers

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Marjorie Taylor Greene

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