Trump Picks Financier Howard Lutnick As Commerce Secretary

Donald Trump has tapped investor Howard Lutnick, the co-chair of his transition team, to head the US commerce department. In his announcement, Trump said Lutnick, the chief executive of financial firm Cantor Fitzgerald, would lead the administration’s “tariff and trade agenda”. Lutnick was also considered for treasury secretary, a more prominent position. Mr. Trump has yet to decide on that closely watched post, which carries sweeping authority over areas such as the economy and tax policy. The battle for who to choose spilled into…

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Taylor Swift

Rob Sheffield’s New Book On Taylor Swift Is An Emotional Roller Coaster Ride Through A Complex Career

It’s hard to have a 15-minute conversation with Rob Sheffield and not talk about Taylor Swift. Don’t even try. It’ll take at least an hour. The Rolling Stone journalist has been following the Eras Tour superstar since the start of her 18-year career and his knowledge of her personality, stardom, business acumen, and record-breaking albums…

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S&P

S&P 500, Nasdaq End At Records And Advance Further After US Election As Fed Slashes Rates

Volatility was the setting for the Federal Reserve’s interest rate announcement and Chair Jerome Powell’s press conference Thursday afternoon. The S&P 500 and Nasdaq advanced Thursday, continuing a stock market rebound since Donald Trump’s win, as the Federal Reserve lowered rates again. The S&P 500 advanced 0.74% to end at a record of 5,973.10. The…

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foreign agent

Russia To Limit Earnings Of ‘foreign Agents’ And Expatriates, Says Lawmaker

Russia is planning to impose stricter regulations on the income of individuals labeled as “foreign agents” and those who criticize the country after leaving, according to the speaker of the Russian parliament. Under current Russian law, anyone receiving foreign support or deemed influenced by external forces must register as a “foreign agent.” This label carries…

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