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Russia’s possible use of an intercontinental ballistic missile (ICBM) is a message to the West that it is has greater capabilities than previously displayed after a week of significant military operations and policy changes in both Ukraine and Russia. The West has for some time been concerned at a reciprocal Russian escalation in the war. This week, both US and British-French-made missiles have been fired into Russia by Ukraine, after US President Joe Biden gave Kyiv permission to use longer-range American missiles. In turn, President Vladimir Putin updated Russia’s nuclear doctrine — in a nuanced way, but still refined their policy to lower the threshold for use. Such an event would have elicited a very different reaction in Kyiv and the West.
Persons: Joe Biden, Vladimir Putin Locations: Ukraine, Russia, Kyiv, Ukrainian, Dnipro
WASHINGTON — China’s defense minister declined a meeting with Defense Secretary Lloyd Austin during a meeting of defense leaders in Laos, a move the Pentagon chief said Wednesday was unfortunate. Multilateral gatherings of national security officials in Asia have been used in the past for meetings between U.S. and Chinese defense leaders, but China declined a meeting request by Austin during this week’s Southeast Asian Nations-Plus defense ministers meeting. It affects the region because the region really wants to see us, you know, two significant players in the region, two significant powers, talk to each other,” Austin told reporters. “I don’t think that it has any sort of implications for the future. Chinese President Xi Jinping vowed on Saturday to work with the incoming U.S. administration of Donald Trump as he held his final talks with departing President Joe Biden on conflicts from cybercrime to trade, Taiwan, the South China Sea and Russia.
Persons: WASHINGTON, Lloyd Austin, Wednesday, , ” Austin, ” Austin added.Austin, Dong Jun, Xi Jinping, Donald Trump, Joe Biden Organizations: Pentagon, Austin, Nations Locations: Laos, Asia, China, Singapore, Taiwan, cybercrime, South, Sea, Russia
In the months ahead, Democratic Party officials and operatives will analyze election returns and voting patterns to try to make sense of what happened on Election Day. Like Goldwater after 1964, the Democratic Party can seize defeat to establish a new order — but the era of tinkering around the edges is over. Look no further than solid blue New York: Vice President Kamala Harris had the worst statewide performance for a Democrat since 1988. The contemporary Democratic Party emerged from the “greed is good” era of the 1980s in part by co-opting pieces of the Reagan agenda. President Bill Clinton built a coalition — part working class, part Wall Street — that led Democrats back to the White House without redefining the political system.
Persons: Goldwater, Ronald Reagan’s, Donald Trump didn’t, Kamala Harris, Joe Biden’s, Reagan, Bill Clinton, Organizations: Democratic Party, Democratic, Democrat Locations: York, New York City
On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case. The DOJ wants Judge Mehta to force Google to sell its Chrome browser. Officials from the Department of Justice, in a Wednesday filing, urged District Judge Amit Mehta to force Google to sell its Chrome browser. AdvertisementMehta will consider the DOJ's proposal before he makes a final ruling regarding remedies in this case. "But if Google is able to control the company that buys Chrome, the impact of selling the business would be minimal.
Persons: Amit Mehta, Judge Mehta, Mehta, Lee, Anne Mulholland, Eric Chaffee, it's, Peter Cohan, Neil Chilson, Chilson, Joe Biden's, Donald Trump, Trump, Biden, Cohan, Chafee Organizations: Google, DOJ, Department of Justice, Apple, Business, Bloomberg, Case Western Reserve University, Babson College, FTC, Chrome, Case
Ukraine says Russia launched an intercontinental ballistic missile overnight targeting Dnipro city in the central-east of the country, which, if confirmed, would be the first time Moscow has used such a missile in the war. It said an intercontinental ballistic missile was fired at Dnipro city along with eight other missiles, and that the Ukrainian military shot down six of them. The attack comes two days after Russian President Vladimir Putin signed a revised nuclear doctrine that formally lowers the threshold for the country's use of nuclear weapons. Ukraine on Tuesday fired several American-supplied longer-range missiles and reportedly fired U.K.-made Storm Shadows on Wednesday into Russia. While the doctrine envisions a possible nuclear response by Russia to a conventional strike, it is formulated broadly to avoid a firm commitment to use nuclear weapons and keep Putin's options open.
Persons: Vladimir Putin, Yevgeny Balitsky, Joe Biden's, Putin Organizations: Kremlin, Ukraine, Russian Defense Ministry, U.S, NATO Locations: Moscow, Russian, Ukraine's Zaporizhzhia, Russia, Ukraine, Dnipro, Russia's Astrakhan, Crimean
AdvertisementDonald Trump has surrounded himself with people who have competing views on AI regulation. Elon Musk, for example, has supported more AI regulation in the past. Some Silicon Valley veterans are betting that president-elect Donald Trump's new administration will make AI development a top priority. AdvertisementMusk, who spent over $130 million on Trump's campaign, has called for greater regulation of AI in the past. It's not clear if that effort will impact their views on AI regulation.
Persons: Donald Trump, Elon Musk, JD Vance, Donald Trump's, Big, Marc Andreessen, Trump, Joe Biden, California's, Gavin Newsom, OpenAI, Sam Altman, Greg Brockman, Vivek Ramaswamy, Ramaswamy, It's, Vance, Calvin Newport, Eric Schmidt Organizations: Trump, Trump Super PAC, Washington Post, California, Department of Government, Big Tech, Georgetown University Locations: Washington, Silicon Valley, China
AdvertisementJoe Biden is taking last-minute measures to support Ukraine before leaving things to Donald Trump. He finally let Ukraine use US missiles to strike inside Russia and approved anti-personnel mines. These moves appear aimed at changing the war before Trump — who seems to want most to end the conflict as soon as possible — takes office. Biden, whose administration has sent billions of dollars in weaponry to Ukraine, recently lifted long-held restrictions on Kyiv's use of American-made longer-range missiles to strike targets inside Russia. And during a press briefing that same day, State Department spokesperson Matthew Miller said the Biden administration moved to forgive about $4.7 billion in US loans to Ukraine.
Persons: Joe Biden, Donald Trump, Donald Trump's, Trump, Biden, Diego Herrera Carcedo, Antony Blinken, Matthew Miller, Mick Ryan, They've, Volodymyr Zelenskyy, Ukraine's, Abrams, Mark Temnycky, Ben Friedman, Zelenskyy, Oleg Petrasiuk, Ryan, hasn't, JD Vance, Shawn Ryan, Abishur Prakash, Putin, Prakash Organizations: White, Army Tactical Missile Systems, Shadow, Brigade, Getty, State, Australian Army, White House, Washington Post, Washington, Council's Eurasia Center, Defense, 24th Mechanised Brigade, AP Ryan, Trump, Anadolu, Kyiv Locations: Ukraine, Russia, Russia's, Bryansk, Soviet, Ukraine's Donetsk, Anadolu, Russia's Kursk, Chasiv Yar, Australian, Western, Russian, Toretsk, Donetsk, Mar, Lago , Florida, Toronto, Canada, British, Ukrainian, Dnipro, Europe
AdvertisementDonald Trump renegotiated a deal with Boeing for a new Air Force One in his first term as president. Following years of delays, billions of dollars, and his return to the presidency, Donald Trump is set to fly on the new Air Force One after all. In 2015, the Air Force again chose Boeing to build two new planes, this time based on the larger 747-8. The VC-25B project is known as the "Next Air Force One." Courtesy of the Air ForceWhile the government is paying $3.9 billion for the new jets, Boeing has suffered from the Next Air Force One.
Persons: Donald Trump, Trump, Dennis Muilenburg, Donald J, Boeing's, Joe Biden, Kennedy, Dave Calhoun, wasn't Organizations: Boeing, Air Force One, Next Air Force, Air Force, Force, Trump, ABC, Trump Shuttle, Reuters, Street Journal, Business Locations: Russian, United States
The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas officials, accusing them of war crimes and crimes against humanity over the war in Gaza and the October 2023 attacks that triggered Israel's offensive in the Palestinian territory. Netanyahu and other Israeli leaders have condemned ICC Chief Prosecutor Karim Khan's request for warrants as disgraceful and antisemitic. U.S. President Joe Biden also blasted the prosecutor and expressed support for Israel's right to defend itself against Hamas. The court also issued a warrant for the arrest of Mohammed Deif, one of the leaders of Hamas. Khan sought warrants in May, accusing Netanyahu and Gallant of crimes including murder, intentionally attacking civilians, and persecution.
Persons: Benjamin Netanyahu, Netanyahu, Karim Khan's, Joe Biden, Yoav Gallant, Mohammed Deif, Yahya Sinwar, Ismail Haniyeh, Oren Marmorstein, Israel, Gallant, Vladimir Putin, Khan, — Sinwar, Deif, Haniyeh, hasn't, Sinwar, Balkees Jarrah, Benny Gantz, Yair Lapid Organizations: Israeli, ICC, U.S, Israeli Foreign Ministry, Foreign, Hamas, Prosecutors, Human Rights Locations: Gaza, Palestinian, Israel, United States, Hague, Ukraine, Mongolia, Israeli, Iran
However, the four Biden appellate nominees already faced tough odds of confirmation, with some, like 3rd US Circuit Court of Appeals nominee Adeel Mangi, facing opposition among Democrats as well. The Senate deal puts Biden in a position to potentially beat Trump’s record of number of district court judges confirmed. Still, Demand Justice, an organization that advocates for progressive judicial nominees, blasted the new deal for depriving the four Biden circuit nominees of floor votes. Those efforts were always going to face headwinds and got more arduous when Trump demanded that Senate Republicans blockade all pending Biden nominees for the bench. Under the new deal, Republicans backed off procedural tactics that would stymie the confirmations of six district nominees that were on the floor Wednesday night and on Thursday.
Persons: Joe Biden’s, Donald Trump’s, Biden, Adeel Mangi, , Chuck Schumer, Trump, haven’t, Obama, Maggie Jo Buchanan, , Donald Trump, headwinds, Independent Sen, Joe Manchin’s, Kyrsten Sinema, Washington –, Dick Durbin Organizations: CNN, Senate, Liberal, Democratic, Republicans, Biden, Democrats, GOP, Trump, Demand, Independent, Republican, Illinois Democrat Locations: Washington, Arizona, Illinois
AdvertisementIn recent years, young Americans moved to rural areas at rates not seen in decades. But that doesn't mean they're turning rural counties red. In the years leading up to the election, young people flocked from urban areas to rural counties at record rates — but they didn't necessarily bring their big-city politics with them. The colored swing column in the table shows the percentage point change in vote share for Trump between 2020 and 2024. Those who did vote went more conservative.
Persons: Gen Zers, University of Virginia demographer Hamilton Lombard, , Jed Kolko, Kolko, Millennials, Zers —, Kamala Harris, Joe Biden's Organizations: Trump, The New York Times, University of Virginia, Democratic, Republican, CNN, Information, Research, Civic, Economic Locations: Hays County , Texas, New York
New York CNN —In between his posts on Truth Social announcing nominees for his incoming administration, President-elect Donald Trump urged Republicans Wednesday to nix a bipartisan bill that would give journalists greater protections under federal law. Trump wrote on his favorite social network that “REPUBLICANS MUST KILL THIS BILL!”He linked to a PBS “NewsHour” interview with Jodie Ginsberg, the CEO of the Committee to Protect Journalists, who urged the Senate to pass the legislation. Known as the PRESS Act, the Protect Reporters From Exploitative State Spying Act would prevent the government from forcing journalists to reveal their sources and limit the seizure of their data without their knowledge. “It’s really important that we have that federal shield law to protect journalists at the federal level,” Ginsberg said on PBS. “Many Trump supporters from Rep. Jim Jordan to Sen. Mike Lee are champions of the PRESS Act because it would protect all journalists, including many who reach primarily conservative audiences.
Persons: Donald Trump, nix, Trump, Jodie Ginsberg, Sen, Tom Cotton, Trump’s, Joe Biden’s, ” Ginsberg, John Oliver, Dell Cameron, Trevor Timm, , ” Timm, Jim Jordan, Mike Lee Organizations: New, New York CNN, Social, Republicans, PBS, Protect Journalists, Senate, Freedom, Press, Republican, The New York Times, HBO, WIRED, Democratic, Press Foundation, CNN, Trump, Rep Locations: New York
Congressional Republicans acknowledge that Vance hasn’t necessarily developed longstanding relationships on Capitol Hill during his abbreviated time in Washington. His coattails turned a 49-51 senate to a 53-47 senate,” Vance wrote on X on Wednesday. The three developed a bond that predates the campaign and has carried into the early days of Trump’s transition. But when you look at the effectiveness of JD in the campaign, there’s no better surrogate for President Trump’s agenda,” the adviser said. “In JD’s view, his role of VP is to take on any issue that President Trump would like him to take on,” the person close to Vance told CNN.
Persons: JD Vance, Donald Trump’s, Vance, Matt Gaetz, he’ll, Pete Hegseth, Vance hasn’t, , North Dakota Sen, Kevin Cramer, Trump, , Donald Trump, ” Cramer, ” Vance, “ Donald J, coattails, Joe Biden’s, Grace Chong, Steve Bannon’s, Chong, ” Trump, Tom Homan, , Tulsi Gabbard, Donald Trump Jr, , Trump’s MAGA, Kamala Harris ’, JD, James Braid, “ Vance, you’ll, ” CNN’s Ted Barrett Organizations: CNN, Capitol, Trump’s Cabinet, Florida Rep, Fox News, Department of Defense, Senate, White, GOP, Cabinet, Trump, FBI, Republican, Democratic, Mar, Elon, JD, Central America —, , White House Locations: Ohio, Washington, North Dakota, Central, Trump
CNN —Ukraine’s military has accused Russia of firing an intercontinental ballistic missile (ICBM) into its territory for the first time, marking what would be another significant escalation in the 1,000-day-old war. Despite Kyiv’s accusation, two Western officials said that the missile launched by Russia was a ballistic missile, but not an ICBM. Ukraine’s air force accused Russia of launching an intercontinental ballistic missile at Dnipro at around 5 a.m. local time, from the Astrakhan region of southern Russia. Alexander Nemenov/AFP/Getty Images/FileWhat is an intercontinental ballistic missile? An intercontinental ballistic missile (ICBM) is a long-range weapon that is fired into space and then releases a warhead or warheads that reenter the atmosphere to drop on their targets.
Persons: CNN —, Heorhii Tykhyi, , Volodymyr Zelensky, Vladimir Putin, ” Zelensky, Dmitry Peskov, Peskov, Joe Biden, Putin, Alexander Nemenov, Mykola Synelnykov, Serhiy Lysak Organizations: CNN, Ukraine’s Foreign Ministry, Russia’s Defense Ministry, Russia’s Defense, Victory Day, Getty, Center for Arms Control, Soviet Union, The, Patriot, Missile, Center for Strategic, International Studies, Congressional Research Service, Patriots Locations: Russia, Dnipro, Ukrainian, Ukraine, Astrakhan, Laos, British, Russian, Moscow, AFP, Soviet, States, Germany, Kyiv, Dnipropetrovsk, Donetsk
AdvertisementBox CEO Aaron Levie said Democrats should embrace Elon Musk. Levie, who supported Kamala Harris, said he thinks Musk is uniquely qualified to support innovation. In an interview with Business Insider, Levie explained why he thinks Democrats should make an effort to embrace Musk, and how he thinks it would benefit American innovation. Levie supported Vice President Kamala Harris for president, donating to her campaign as well as President Joe Biden's before he dropped out of the race. He said he thinks Musk would be uniquely able to identify things that get in the way of progress in those areas.
Persons: Aaron Levie, Elon Musk, Kamala Harris, Levie, Joe Biden's, didn't, Donald Trump, Musk, Hillary Clinton, Joe Biden, Biden, Tesla, EVs, he'd, Sen, Chris Coons, " Coons, Coons, Pete Buttigieg, Helene, Buttigieg, Vivek Ramaswamy, Ramaswamy, Musk's Organizations: Democratic, Business, Democratic Party, Republicans, SpaceX, Twitter, White, Ford, GM, Tesla, EVs, Republican, Fox, Department of Government Efficiency, Transportation, Elon, Politico, Department of Government, Department of Defense Locations: Delaware
Rancher Jim Chilton stands at the US-Mexico border, where the wall ends, on his family’s ranch southeast of Arivaca, Arizona. Matt York/APShoes left behind by migrants on the Chiltons' ranch are displayed on their front porch in 2016. And while they want the border wall finished, they still support legal immigration. He feels his time with a vigilante group called Arizona Border Recon is his opportunity to give back to the country that welcomed him. Tim Foley leads a vigilante group called Arizona Border Recon.
Persons: Sue Chilton’s, Obama, they’ve, Donald Trump’s, Jim Chilton, Norma Galeana, Joe Biden, Sue Chilton, , Biden, that’s, Matt York, Frederic J . Brown, Jim, ” Jim, Tom Homan, Greg Abbott, , Elon Musk, ” Sue, Will Lanzoni, Hugo, anybody’s, Tim Foley, CNN Foley, Trump, I’ve, Cochise County Sheriff Mark Dannels, Dannels, “ We’ve, CNN Dannels, Foley, Sheriff Dannels, it’s, Brandon Bell, It’s, Rafael, ” Rafael Organizations: Arizona CNN, Border Patrol, CNN, US Border Patrol, Getty, Trump, Republican National Convention, Texas Gov, Arizona, National Guard, Cochise County Sheriff, gotaways, West Locations: Nogales, Arizona, camo, Mexico, Arivaca , Arizona, United States, Sasabe , Arizona, AFP, Uruguayan, Greenwich , Connecticut, Cochise County, Chilton, Sheriff, It’s, Nogales , Arizona
After a stinging election defeat, the race to lead the DNC kicks offBy Natasha Korecki and Alex Seitz-WaldTwo weeks after suffering another stinging defeat to Donald Trump, Democrats are in the throes of dissecting what went wrong and figuring out their path forward. Martin O’Malley, a onetime presidential candidate and the commissioner of the Social Security Administration, kicked off the race by entering the fray. Minnesota Democratic Party Chair Ken Martin, a DNC vice chair and leader of the Association of State Democratic Committees, followed by formally announcing his candidacy Tuesday. Still looming out there: Wisconsin Democratic Party Chair Ben Wikler, who has developed a reputation as a prodigious fundraiser and field organizer. Read more → ☑️ Latest race calls: Democratic Rep. Marcy Kaptur defeated Republican Derek Merrin in Ohio’s competitive 9th District, NBC News projected.
Persons: Natasha Korecki, Alex Seitz, Wald, Chuck Todd, Donald Trump, Joe Biden, Jaime Harrison, Martin O’Malley, Ken Martin, Martin, O’Malley, Chuck Rocha, Sen, Mallory McMorrow, Ben Wikler, “ Ben, That’s, Rahm Emanuel, Barack Obama, Emanuel, Adam Parkhomenko, Hillary Clinton’s, , ” Parkhomenko, James Zogby, it’s, Howard Dean, Obama —, Chuck Todd Here’s, Trumpism, Trump, wasn’t, Harris, Biden, Read, Chuck → ➡️, Matt Gaetz, Lloyd Austin, Pete Hegseth, Linda McMahon, Matt Whitaker, 🗞️ Organizations: NBC, White House, Capitol, Democratic National Committee, DNC, Maryland Gov, Social Security Administration, Minnesota Democratic, Association of State Democratic Committees, Democratic, Politico, Republican, Democratic National Convention, Wisconsin Democratic, Chicago, NBC News, Arab American Institute, America, GOP, Pentagon, “ DEI, Biden, Chuck → ➡️ Trump, Wrestling Entertainment, Education Department, Former, Atlantic Treaty Organization Locations: Michigan, U.S, Japan, Oklahoma
Mike DeWine, Columbus Mayor Andrew Ginther and other city leaders condemned the neo-Nazis in statements and on social media. But Black locals like Holmes wanted to do more and send a message of solidarity, they said. A group of Black leaders and locals marched through Columbus, Ohio, in a “unity” rally. Dozens of men walked, many side by side, down North High Street, many dressed in all black. He said the atmosphere among Black Columbus residents was one of fear and anxiety, with many wondering if they were safe in the city.
Persons: Derrick Holmes, ” Holmes, Joe Biden, Andrew Bates, Nazism, Mike DeWine, Columbus Mayor Andrew Ginther, Holmes, Black, Sean Walton Jr, Brian Winston, Walton, ” Winston, , ” Walton, , Elaine R, Bryant, Winston, Donald Trump’s, Anne Frank ”, Trump, Christian supremacists, Trump’s, Karoline Leavitt, Oren Segal, Jon Lewis, George, ” Lewis Organizations: Columbus ’ Union, Columbus ’ Union Grove Baptist Church, North, North Arts District, , ” Ohio Gov, Columbus Mayor, of, Black Columbus, Columbus, Columbus Division of Police, Police, Washington Post, Nazi, Defamation League Center, Extremism, New York Times, Hate, George Washington University’s Program Locations: Columbus , Ohio, Columbus, Columbus ’ Union Grove, United States, ” Ohio, of Central Ohio, Houston, Black, Michigan, Ohio, Springfield, Charlottesville , Virginia, Louis,
VIENTIANE, Laos — Women and racial diversity are vital to the strength of U.S. armed forces, outgoing Defense Secretary Lloyd Austin said in an exclusive interview with NBC News as he prepares to shortly exit the top military post after four years. “I would tell you that, you know, our women are the finest troops in the world. Our military is going to remain a diverse military," Austin said. Austin did not weigh in on what he thinks about Trump's choice of Hegseth to lead the Department of Defense. Austin, a four-star general who was previously commander of U.S. Central Command, was appointed as Secretary of Defense by President Joe Biden and was sworn in on Jan. 22, 2021.
Persons: Lloyd Austin, , ” Austin, Donald Trump’s, Pete Hegseth, Hegseth, , Austin, Trump, Biden, Vladimir Putin, , we've, Joe Biden, Lester Holt Organizations: NBC News, Defense, Army National Guard, Pentagon, Senate, Republicans, Department of Defense, ., Korean, U.S . Central Command, NBC Locations: VIENTIANE, Laos, Iraq, Afghanistan, United States, Ukraine, Russia, U.S, Russia's Kursk, Jan
Of course, these basic rules of political decorum are ones Donald Trump has rarely followed. He’s been accumulating political capital, and his victory only gives him an opening to accumulate more ... if he chooses to. On some level, I accept the notion that one person’s revenge is another person’s “reform,” so I’m sure Trump could argue he’s appointing reformists. What will ultimately matter is whether these folks can govern like reformers or end up simply as conduits for Trump’s revenge. Here’s the political problem Trump is creating for himself: He’s taking full ownership of the entire bureaucracy now.
Persons: Donald Trump, He’s, Trump, acquiesce, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, let’s, Nancy Mace's, Hegseth, , wasn’t, Harris, Joe Biden, Biden, I’ve, didn’t, Barack, Biden’s Organizations: , Justice Department, Fox, Defense Department, Department of Health, Human Services, GOP, Pentagon, “ DEI, Biden, Democratic, Trump Locations: Russia, Oklahoma, Afghanistan, overreach
AdvertisementA bipartisan US congressional commission urges a "Manhattan Project" for AI to outpace China. Trump has previously called China the "primary threat" in the AI race. AdvertisementThe Manhattan Project was a secret program led by the US government during World War II to develop the world's first atomic bombs. Advertisement"We have to take the lead over China, China is the primary threat," he added. OpenAI also cited the Manhattan Project in its blueprint as one of the US's "iconic infrastructure projects that moved the country forward."
Persons: Trump, Donald Trump, Logan, Joe Biden's, OpenAI, Yoshua, Max Tegmark Organizations: China, China Economic, Security, Commission, General Intelligence, US Treasury Department, Business, Manhattan Project, Life Institute, MIT, Guardian, Elon Locations: China, US, Washington
Chris Unger | Ufc | Getty ImagesThere's considerable uncertainty over the contents of a future Republican tax package and the fate of the EV credit, experts said. Repealing all the IRA's green energy tax credits, including the EV credit, would offset that cost by about $921 billion, it said. She was getting ready to buy one thanks to the $7,500 EV credit, which made the vehicles more affordable, she said. To wait and buy in 2025 is "too big of a gamble" given Trump's antipathy toward the EV credit, she said. There's no question there's real risk in the EV credit going away.
Persons: Donald Trump, Jamie Wickett, Hogan Lovells, Wickett, Joe Biden, Trump, Chris Unger, Laura, Hogan, , wouldn't, it's, Ingrid Malmgren, Malmgren Organizations: Digitalvision, Getty, Biden, Republicans, Capitol, IRA, Elon, UFC, Madison, Garden, Ufc, Security, Tax, Chrysler Pacifica, Local, Plug, U.S . Treasury Department, Treasury Locations: New York, Charlotte , North Carolina
Delta Air Lines CEO Ed Bastian said the Trump administration's approach to regulation could be a "breath of fresh air." Speaking to reporters ahead of Delta's investor day, Bastian noted that President-elect Donald Trump campaigned saying he would take a "fresh look" at regulation and bureaucracy. "We have to invest in this industry," American Airlines CEO Robert Isom said at the Skift Aviation Forum in Dallas last week. In an interview last week, Sun Country Airlines CEO Jude Bricker said: "We just need stability and resources at the DOT." Industry members and analysts also expect the incoming administration to be more open to mergers and consolidation.
Persons: Ed Bastian, Bastian, Donald Trump, Pete Buttigieg, Trump, Sean Duffy, Duffy didn't, Robert Isom, Jude Bricker, Joe Biden's Organizations: Delta Air Lines Inc, Delta Air, Trump, U.S . Department of Transportation, Delta, Fox Business, U.S, Federal Aviation Administration, American Airlines, Skift Aviation, Sun Country Airlines, Industry, Alaska Airlines, Hawaiian Airlines, Biden's Justice, Spirit Airlines, JetBlue Airways, JetBlue Locations: New York, Dallas, U.S
Donald Trump's proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley's chief global economist Seth Carpenter. In the event that they are enacted all at once, they could result in a "big negative shock" to the economy, Carpenter told CNBC's Sri Jegarajah on the sidelines of Morgan Stanley's annual Asia Pacific Summit in Singapore. Carpenter, who maintained Morgan Stanley's base case of these tariffs being spread over 2025, said they would lead to higher inflation. "Then into 2026, we think growth starts to come down a great deal in the U.S. because of those tariffs and some of the other policies," he cautioned. Very clear, tariffs are a drag on growth for the U.S., not just for the countries that the tariffs are put on," Carpenter added.
Persons: Donald Trump's, Morgan Stanley's, Seth Carpenter, Trump, Carpenter, CNBC's Sri, Morgan, Mark Malek, Siebert, Joe Biden, Trump's, Malek, Ben Emons Organizations: Asia Pacific Summit, Microsoft, Apple, U.S . Federal Reserve, FedWatch Advisors Locations: China, CNBC's Sri Jegarajah, Morgan Stanley's, Singapore, U.S
Trump earlier this month had urged Senate Republicans not to allow any judicial confirmations in the final weeks of the Biden administration while the upper chamber was under Democratic control. Since then, other judicial nominees have been able to clear pivotal votes because not enough Republicans were present to block them. Two of the missing Republicans, Sens. Several of the missing Republicans – which also included Sen. Marco Rubio, Trump’s pick for secretary of state – were back in the chamber Wednesday. Even if no other Biden-appointed judge is confirmed, Trump will start his second term with a number of openings that is fewer than half of that previous number.
Persons: Joe Biden’s, Donald Trump’s, Trump, JD Vance, Embry Kidd, Sen, Joe Manchin, Vance, Bill Hagerty of, , Democratic Sen, John Fetterman, Biden, Carrie Severino –, ” Vance, Grace Chong, Steve Bannon’s, Christopher Wray, Fetterman, Sarah Russell, Kamala Harris, Hagerty, Ted Cruz, Hagerty’s, Republicans –, Marco Rubio, Trump’s, Mike Braun, Cruz, Rebecca Pennell, Amir Ali, doesn’t, Ali, Kyrsten Sinema, Montana GOP Sen, Steve Daines, Embry, Aileen Cannon, Jack Smith’s, Barack Obama’s, Alyana Treene, Kristen Holmes, Betsy Klein, Devan Cole Organizations: CNN, GOP, Conservative, Republicans, Ohio Republican, Circuit, Mar, Democratic, Trump, Crisis Network, FBI, House, Republican, Sens, SpaceX, Indiana, US, Court, of, Montana GOP, Senate Locations: Ohio, Trump’s Florida, Bill Hagerty of Tennessee, Hawaii, Ted Cruz of Texas, Texas, Eastern, of Washington, Montana
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