Europe’s banks brace for tougher competition under Trump 2.0
European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a new era of financial deregulation.
China consumer prices rise slowest in 4 months, despite stimulus
China’s consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, even as Beijing doubled down on stimulus.
ChatGPT rejected more than 250,000 image generations of presidential candidates prior to Election Day
OpenAI estimates that ChatGPT rejected more than 250,000 requests to generate images of the 2024 U.S. presidential candidates in the lead up to Election Day.
Justice Department brings charges in thwarted Iranian plot to assassinate Trump
Iran’s government directed three people to “target our citizens, including President-elect Trump,” U.S. Attorney Damian Williams said.
Inflation data will be key hurdle to get through next week after stock market’s historic postelection rally
The October consumer and producer prices data could determine whether the stock market’s all-time highs after Donald Trump’s decisive victory can continue.
Stocks making the biggest moves midday: Tesla, Airbnb, Toast, Pinterest and more
These are the stocks posting the largest moves in midday trading.
Tesla hits $1 trillion market cap as stock rallies after Trump win
Shares of Tesla climbed in afternoon trading Friday, pushing the electric vehicle maker’s market cap past $1 trillion.
How Black business leaders are thinking about a coming Trump administration
Black business leaders are weighing why Vice President Kamala Harris lost the presidential race, and how to approach President-elect Donald Trump.
Europe cannot finance Ukraine war if Trump pulls U.S. out of the conflict, Hungary’s Orban warns
Ukraine has historically depended on foreign humanitarian and military aid to resist Russia’s two-year invasion, with the U.S. and the EU providing the lion’s share of this assistance.
Top German business leader recalls his days working with Trump: ‘His administration was extremely receptive’
It is uncertain what Donald Trump’s second presidency will look like, but his first administration was highly responsive to business issues, Joe Kaeser said.
