- Donald Trump will be sworn in as US president, ushering in another turbulent four-year term with promises to push the limits of executive power, deport millions of immigrants, secure retribution against his political enemies and transform the role of the US on the world stage.
- "By the time the sun sets tomorrow, the invasion of our country will have come to a halt." These were the words of Trump to his supporters at a packed Washington arena, just one day before taking office.
- President Joe Biden urged despondent fellow Democrats not to give up hope as he returned to the warm embrace of South Carolina's Black churchgoing community to mark the final full day of his presidency.
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Wall Street is optimistic about Trump's pro-business stance. REUTERS/Andrew Kelly/File Photo |
- Investors prepared to welcome Donald Trump's second inauguration, anticipating benefits from his pro-business agenda, while remaining wary of his protectionist trade policies, particularly his stance on tariffs.
- The European Commission intends to propose a ban on the use of PFAS, or "forever chemicals", in consumer products, with exemptions for essential industrial uses, the EU's environment chief told Reuters.
- Economic fears have escalated into grievances among 60% of people, with many believing hostile actions such as violence can be necessary to bring about change, according to a global poll by communications firm Edelman.
- The frugal trend that began in China during the economic disruption of the pandemic and deepened amid the crisis in the property market is intensifying as Gen Z shuns government calls to spend, spend, spend and doubles down on saving.
- Trump's newly-created cryptocurrency soared to nearly $12 billion in market value, drawing in billions in trading volume, while bitcoin hit a record high just hours ahead of the US President-elect's return to the White House.
- Robert F. Kennedy Jr. played an instrumental role in organizing mass litigation against drugmaker Merck over its Gardasil vaccine, a strategy that faces its first test in a Los Angeles court next week, according to two attorneys close to the case and court filings.
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Trump Media's true believers bet on stock surge as presidency begins |
Retail investors adopt meme-stock mentality, vow never to sell shares. REUTERS/Shannon Stapleton/File Photo |
One night in late October, Whitney Patterson spotted a YouTube video about people buying shares in Trump Media & Technology Group, the president-elect's social media and streaming company. Patterson had never heard of Trump Media and had never invested in a stock on her own. But that night, Patterson, whose family owns a pickle business, moved a third of the cash in her retirement fund into Donald Trump's company. She is one of 600,000 retail investors whose fortunes are linked with those of the president-elect they support, and they see his inauguration as a turning point for the stock. |
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A social media influencer films a video in Times Square in New York City, January 16, 2025. REUTERS/Brendan McDermid |
"We're back but at what cost?" mused one TikTok user after the app was shut down and turned back on in the US in a period of less than 24 hours. |
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