Jamie Dimon, CEO of JPMorgan Chase, $JPM, has been secretly advising Donald Trump on policy matters for months, focusing on economic issues like spending cuts, banking regulations, taxes, and trade, even though he did not publicly endorse Trump. The 68-year-old Wall Street powerhouse, Jamie Dimon—who, like 78-year-old Donald Trump,

Volodymyr Zelenskyy has suggested a ceasefire could be achievable if the territory Ukraine currently controls were brought "under the NATO umbrella," allowing for the potential negotiation of the return of occupied areas "through diplomatic means" at a later stage. In an interview with Sky News chief

New York’s top cryptocurrency regulator is nearing approval for a new stablecoin issued by cross-border payments company Ripple, FOX Business has learned. Sources familiar with the situation say the New York Department of Financial Services (NYDFS) has signaled its intention to approve the product. Ripple is targeting a potential

Donald Trump Jr., the eldest son of President-elect Donald Trump, revealed that his father has considered barring certain mainstream media outlets from the White House press briefing room. Speaking on his podcast this week, Trump Jr. said the discussions included plans to broaden access to independent journalists and social media

Elon Musk and Vivek Ramaswamy are seeking volunteers for their ambitious and unofficial government initiative, according to The Washington Post, citing individuals familiar with their plans. The billionaire entrepreneur and the former Republican presidential candidate have reportedly been meeting with prominent figures from Washington, D.C., and Silicon Valley. Over

Texas Attorney General Ken Paxton and 10 other states have filed a federal lawsuit against BlackRock Inc., Vanguard Group Inc., and State Street Corp., alleging that the asset managers violated antitrust laws by driving up electricity prices through their investment strategies. The lawsuit, filed Wednesday in Texas, represents a significant

Nissan is facing significant challenges. Dealers are selling cars at a loss, production has slowed, and the company recently cut thousands of jobs and sold a third of its stake in Mitsubishi. However, these measures might not be enough to secure its future. According to a report from the Financial

The Biden administration is urging Ukraine to expand its military rapidly by drafting more troops and revising mobilization laws to conscript individuals as young as 18, senior officials disclosed on Wednesday. A high-ranking official, speaking anonymously about internal discussions, stated that the U.S. administration has pressed Kyiv to lower

Russia is continuing efforts to deploy its "unstoppable" Satan II intercontinental ballistic missile, part of its formidable strategic nuclear arsenal, according to reports from Moscow's state media. The missile, officially known as the RS-28 Sarmat, is designed to carry nuclear warheads capable of striking targets thousands

The U.S. Federal Trade Commission (FTC) has launched a wide-ranging antitrust investigation into Microsoft, focusing on its software licensing practices and cloud computing business, according to a source familiar with the matter. The investigation was approved by FTC Chair Lina Khan as she prepares to step down in January.

Elon Musk has launched a barrage of criticism at MSNBC, calling it “the utter scum of the Earth” and accusing the network of “peddling puerile propaganda.” Recently, he declared, “MSNBC is going down,” and has even shared memes suggesting he might buy the channel. While conventional wisdom suggests Musk and

Billionaire investor Ray Dalio has suggested that examining hard-right regimes from the 1930s can provide insights into how President-elect Donald Trump might reshape the U.S. government under the guise of efficiency. In a commentary posted on LinkedIn on Wednesday, Dalio shared his predictions for Trump’s second term in

Israeli Prime Minister Benjamin Netanyahu announced Tuesday that he has agreed to a cease-fire deal with Hezbollah, marking a significant step toward preventing a broader regional conflict. Speaking in Hebrew, Netanyahu said, “Tonight, I will present to the cabinet a plan for a cease-fire in Lebanon.” Although the Israeli Cabinet

President Joe Biden's administration announced Tuesday a $6.6 billion loan from the U.S. Department of Energy to Rivian Automotive to support the construction of a factory in Georgia. The project had been stalled as the electric vehicle startup struggled to achieve profitability. It remains uncertain whether

Mexican President Claudia Sheinbaum suggested Tuesday that Mexico might impose retaliatory tariffs if U.S. President-elect Donald Trump follows through on his threat to levy 25% import duties on Mexican goods. Trump has warned of these tariffs unless Mexico curbs the flow of drugs and migrants across the border. Sheinbaum

Tesla Inc.’s electric vehicles could be excluded from California consumer rebates under a proposal by Governor Gavin Newsom, setting up a political showdown between the Democratic governor and Tesla CEO Elon Musk, a key Republican ally. Newsom's Proposal Governor Newsom unveiled a plan on Monday to reinstate

President-elect Donald Trump announced plans on Monday to impose steep tariffs on the United States' top three trading partners—Canada, Mexico, and China—signaling his intent to follow through on campaign promises that could lead to significant trade disputes. Trump, set to take office on January 20, 2025, pledged

Warren Buffett, the renowned investor and chairman of Berkshire Hathaway, has taken additional steps to ensure the distribution of his vast fortune after his death. Buffett, now 94, plans to donate 99.5% of his remaining wealth—currently estimated at over $150 billion by Forbes—to a charitable trust managed

A senior NATO official has urged businesses to prepare for wartime scenarios by adjusting their production and supply chains to reduce vulnerabilities to coercion from countries like Russia and China. Speaking in Brussels on Monday, Dutch Admiral Rob Bauer, chair of NATO’s military committee, emphasized the importance of resilience

A second Trump administration has the potential to bring sweeping changes to the U.S. economy, driven by proposed policies on taxes, trade, and federal spending. Economic Vision for a Second Term President-elect Donald Trump has pledged to implement a mix of tax cuts, tariffs, and deregulation. While these policies

Donald Trump’s economic advisers and congressional Republicans are considering significant cuts to Medicaid, food stamps, and other welfare programs to offset the costs of extending the 2017 tax cuts, which are set to expire next year. According to the Washington Post, discussions include adding work requirements and imposing spending

Elon Musk’s super PAC reportedly spent approximately $200 million to support Donald Trump’s election campaign, setting a new benchmark for how billionaires can influence political races, according to a source familiar with the spending. The majority of the funding for America PAC, which focused on mobilizing low-propensity and

If retirement is approaching, there are some critical steps to take to ensure you're financially prepared. Chief among these is confirming you've saved enough to live comfortably—or at least having a plan in place that lets you sleep soundly at night. One way to get

Kamala Harris has kept a low profile following her loss in the presidential race, taking time to unwind with family and close aides in Hawaii before returning to Washington, D.C. Privately, however, the vice president is instructing advisers and allies to keep her political options open. These include a

Elon Musk hinted at the possibility of exploring a purchase of MSNBC on Friday, following reports that the network might be spun off from NBC News and potentially sold by Comcast. Donald Trump Jr. fueled speculation by sharing a meme on X (formerly Twitter) claiming MSNBC was up for sale.