The proposal to enhance transparency and guardrails for new technologies within broker-dealers is likely to be scrapped. However, compliance costs for major brokers are expected to rise, according to Bloomberg Intelligence analysis.
Philippine President Ferdinand Marcos Jr. said he wants to meet with US President Donald Trump to discuss immigration policy amid reports that some Filipinos are at risk of deportation.
Department of Justice officials have discussed with Manhattan prosecutors dropping corruption charges against New York City Mayor Eric Adams, according to the New York Times, which cited people with knowledge of the situation.
This story incorporates reporting from ABC, Bloomberg L.P. and The Mountaineer.The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President Donald Trump,
Asia’s richest businessman Mukesh Ambani and his wife Nita will attend Monday’s inauguration of US President-elect Donald Trump, the Press Trust of India reported, citing people familiar with the development.
President Donald Trump’s Environmental Protection Agency is considering rescinding California’s permission to tackle climate change through stringent automobile pollution limits, the administration said in a US Supreme Court filing.
Soybeans fell in Chicago after US President Donald Trump said he’s considering tariffs on China, stoking fresh worries of a trade war between the two biggest economies. Wheat and corn also declined.
The leader of United Airlines Holdings Inc. said President Donald Trump and his incoming administration plan to address air-traffic control problems fueling flight delays that have roiled carriers in recent years.
The most coveted seat in Davos on Thursday will be in the plenary when US President Donald Trump delivers a remote address to attendees that will be piped into the main hall via a remote link.
The dollar advanced against most major currencies after President Donald Trump said he may enact 25% tariffs on Mexico and Canada next month.
To Bolsonaro, Trump’s return to the White House is a manifestation of the political faith that he invested in his fellow president. Bolsonaro, dubbed the “Trump of the Tropics,” sees vindication everywhere he looks — and regards Trump as his potential path to political redemption.
The Trump administration retreated from its attempt to freeze trillions of dollars allocated by Congress, including grants, loans and financial assistance, after triggering a national uproar and a rap on the knuckles from a federal judge who partially blocked the potentially unconstitutional edict before it could take effect.