Donald Trump has been inaugurated as the 47th president of the United States. The swearing-in ceremony was conducted by Chief Justice John Roberts. Alongside him, JD Vance took the oath of vice presidency, administered by Justice Brett Kavanaugh.
In his inauguration speech, President Trump promised the beginning of a golden era for America. He is set to initiate a series of executive actions, as per incoming White House officials.
These potentially include the commencement of a process to terminate birthright citizenship and the declaration of a national emergency on the US-Mexico border. It is also anticipated that Trump will grant pardons to some individuals involved in the January 6 riots on his first day in office.
"We will tariff and tax foreign countries to enrich our citizens," Trump said during his address. "For this purpose, we are establishing the External Revenue Service to collect all tariffs, duties and revenues."
The inauguration event was attended by a host of political leaders, former presidents, and influential billionaires. Among the notable guests were Elon Musk and Jeff Bezos. Country music artist Carrie Underwood was also present, performing the song "America the Beautiful."
Before the transition of power, former President Joe Biden granted pardons to several individuals. These included Gen. Mark Milley, Dr. Anthony Fauci, and members of Congress who were part of the committee investigating the events of January 6.
Preemptive pardons were also issued for Biden's siblings, James and Frank, his sister Valerie, and their respective spouses.(Cay) Newsmaker23
Source: Investing.com
Asian stocks rose on Tuesday as positive sentiment on Wall Street ahead of an expected Fed rate cut spilled over into regional trading. Equities in Japan and South Korea rose in morning trading, whil...
Wall Street kicked off the week with gains on Monday as investors positioned ahead of a data-heavy week that includes two key inflation reports likely to influence Federal Reserve policy expectations....
European shares finished higher on Monday, while French stocks also rose as investors stayed calm in the run-up to a no-confidence vote later in the day that lead to the ouster of the country's fifth ...
US stocks were mostly higher on Monday as traders brace for a busy week of economic data ahead of next week's FOMC decision. The S&P 500 rose 0.2% and the Nasdaq gained 0.6%, while the Dow Jones ...
Stocks in Europe started the week in positive territory, with the STOXX 50 up 0.6% and the STOXX 600 advancing 0.3%. Equities continued to benefit from expectations that the Fed will cut interest rate...
Gold prices scaled a fresh peak on Tuesday, as a weaker dollar and a dip in bond yields amid growing bets for a Federal Reserve rate cut this month lifted demand for the precious metal. Spot gold gained 0.4% to $3,651.38 per ounce as of 0249 GMT....
Hong Kong stocks jumped 358 points or 1.4% to 25,988 in early deals on Tuesday, rising for the third straight session to their highest level since October 2021 as all sectors advanced. Optimism from Wall Street Monday lifted sentiment ahead of...
Silver is currently trading at around US$41.26 per ounce in Asian trading on Tuesday, a slight decline of 0.19% from the previous session. This level remains near its highest level in recent years, reflecting moderate volatility but remaining below...
The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...
Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...
Asia-Pacific markets traded mostly higher Monday as investors assessed the resignation of Japan's prime minister and eyed key economic data in the...
Stocks in Europe started the week in positive territory, with the STOXX 50 up 0.6% and the STOXX 600 advancing 0.3%. Equities continued to benefit...