Trump picks pro-tariff billionaire Howard Lutnick for US commerce secretary | Donald Trump News

Trump picks pro-tariff billionaire Howard Lutnick for US commerce secretary | Donald Trump News

US president-elect nominates Lutnick, a Wall Street investment firm CEO, to lead his ‘tariff and trade agenda’. United States President-elect Donald Trump has nominated Howard Lutnick, a billionaire and head of the investment firm Cantor Fitzgerald, as the next US secretary of commerce. In a statement on Tuesday, Trump hailed…

Trump taps ex-lawmaker and Fox Business host for transportation secretary | US Election 2024

Trump taps ex-lawmaker and Fox Business host for transportation secretary | US Election 2024

US president-elect says former Wisconsin Congressman Sean Duffy will usher in a ‘golden age of travel’. United States President-elect Donald Trump has named a former congressman-turned-Fox Business host as his pick for transportation secretary. In a statement announcing the nomination on Monday, Trump described Sean Duffy as a “tremendous and…

US no-frills pioneer Spirit Airlines files for bankruptcy protection | Aviation News

US no-frills pioneer Spirit Airlines files for bankruptcy protection | Aviation News

Spirit Airlines, the no-frills US travel pioneer, has filed for bankruptcy protection after struggling with years of losses, failed merger attempts and heavy debt levels, the company said. The Florida-based airline said on Monday that it had pre-arranged a deal with its bondholders to restructure its debts and raise money…

Trump picks Big Tech critic who wrote ‘Project 2025’ chapter to lead FCC | Technology

Trump picks Big Tech critic who wrote ‘Project 2025’ chapter to lead FCC | Technology

Republican Brendan Carr has accused major tech platforms of operating a ‘censorship cartel’. United States President-elect Donald Trump has tapped Brendan Carr, a Republican known for his criticism of Big Tech, to lead the Federal Communications Commission (FCC). Carr, who has served as an FCC commissioner since 2017, will end…

US single-family homes need over hundred thousand dollars a year
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US single-family homes need over hundred thousand dollars a year

Americans need to earn nearly $108,000 a year to afford a single-family home in most cities now, according to a new economics report. Oxford Economics revealed this week that a household in 2024 needs an average annual income of $107,700 to afford a new single-family home, including property taxes and…

At APEC 2024, Chinese leader Xi tells Biden he’s ‘ready to work’ with Trump | Politics News

At APEC 2024, Chinese leader Xi tells Biden he’s ‘ready to work’ with Trump | Politics News

Chinese President Xi Jinping has held his final meeting with his outgoing counterpart in the United States, Democrat Joe Biden. But Xi’s words on Saturday seemed directed not simply at Biden but at his Republican successor, returning President Donald Trump. In his encounter with Biden on the sidelines of the…

Could weight loss drugs fix UK’s unemployment problem? | Unemployment News

Could weight loss drugs fix UK’s unemployment problem? | Unemployment News

The United Kingdom will study whether the use of weight loss drugs could get people back to work. UK Health Minister Wes Streeting announced last month that US drug manufacturer Eli Lilly will begin a five-year trial in Greater Manchester to test if the company’s weight loss drug could curb…

Trump led the charge to ban TikTok. Now he says he’ll save it | Technology

Trump led the charge to ban TikTok. Now he says he’ll save it | Technology

As United States President-elect Donald Trump prepares to return to the White House, TikTok could be in line for a reprieve from the very leader who led the charge to ban the embattled video-sharing platform. Under a law signed by US President Joe Biden in April, ByteDance, the Chinese owner…

Indian students give Canada cold shoulder as Ottawa, New Delhi butt heads | Migration News

Indian students give Canada cold shoulder as Ottawa, New Delhi butt heads | Migration News

Kolkata, India – For the past several years, Manpreet Singh has been dreaming of going abroad for higher studies. The 22-year-old Sikh, a resident of Moradabad in Uttar Pradesh state, chose Canada as his destination as that is where many of the Sikh diaspora is settled. But the current diplomatic…

Indonesia’s shrinking middle class casts shadow on economic rise | Business and Economy

Indonesia’s shrinking middle class casts shadow on economic rise | Business and Economy

Medan, Indonesia – Halimah Nasution used to feel as if she had it all. For years, she and her husband Agus Saputra made a good living renting out supplies for weddings, graduations and birthdays. Even after splitting their earnings among several of their siblings, the couple in Indonesia’s North Sumatra…