Business

Scott Bessent poised to become Treasury secretary under Trump administration

Scott Bessent poised to become Treasury secretary under Trump administration

President-elect Donald Trump announced Friday his plan to nominate Scott Bessent, founder and CEO of Key Square Group LP, as Treasury secretary. The move places a seasoned hedge fund executive and Trump ally in a key role within the new administration's economic strategy. Bessent's appointment highlights Trump's focus on appointing market-savvy figures to guide the country's economic policy. Bessent, 62, has emerged as a strong contender for the position alongside names such as former Federal Reserve governor Kevin Warsh and private equity executive Marc Rowan. Known as a Wall Street heavyweight, Bessent brings decades of financial experience to the table…
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Steps to increase chances of twin pregnancy in New Zeland

Steps to increase chances of twin pregnancy in New Zeland

The aspiration of having twins holds a particular allure for numerous individuals, presenting a distinct and fulfilling journey in parenthood. Although there's no surefire method to conceive multiples, various elements can enhance the likelihood.Let's delve into the science surrounding multiple pregnancies and examine strategies to increase your odds, especially if you're residing in New Zeland.What signifies a multiple pregnancy?Multiple pregnancies are mainly divided into two categories: identical twins and fraternal twins. Identical twins develop from a single fertilized egg that splits into two embryos, sharing the same DNA. Fraternal twins, on the other hand, originate from two separate eggs fertilized…
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Trump and Powell could face renewed tensions over economic policy in 2025

Trump and Powell could face renewed tensions over economic policy in 2025

As President-elect Donald Trump prepares to return to the White House in January, a potential clash with Federal Reserve Chairman Jerome Powell looms on the horizon, largely dependent on evolving economic conditions. If inflation rises and the economy overheats, the Fed may feel forced to slow the pace of interest rate cuts or even keep them stable. Such a move could put Powell on a collision course with Trump, who has historically criticized the Fed for not easing monetary policy quickly enough. This potential tension is not new. Powell, appointed Fed chair by Trump in 2018, often found himself at…
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Fertility factors for getting pregnant with twins in Israel

Fertility factors for getting pregnant with twins in Israel

The allure of having twins captivates numerous people, promising a distinctive and fulfilling journey in parenting. Although no method ensures the conception of multiples, some elements might enhance the likelihood.Let's go deeper into the science behind twin pregnancies and explore options to boost your chances if you’re from Israel.What signifies a multiple pregnancy?Multiple pregnancies are generally classified into two types: identical twins and fraternal twins. Identical twins emerge when a single fertilized egg divides into two embryos, possessing identical DNA. Conversely, fraternal twins arise from two different eggs each fertilized by separate sperm, leading to unique genetic compositions and possibly…
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Can you get pregnant with twins? Options for  Canada citizens

Can you get pregnant with twins? Options for Canada citizens

The allure of having twins captivates numerous individuals, presenting an exceptional and fulfilling journey in parenthood. Although there is no definitive method to conceive multiples, several elements can enhance the likelihood.Let us delve further into the science associated with twin pregnancies and examine strategies to enhance your likelihood, particularly for those hailing from Canada.What is involved in having a multiple pregnancy?Multiple pregnancies are generally categorized into two main types: identical twins and fraternal twins. Identical twins arise from one fertilized egg that divides into two embryos, possessing identical DNA. Conversely, fraternal twins result from two separate eggs, each fertilized by…
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Trump selects Robert F. Kennedy Jr. to lead HHS, sparking public health and industry concerns

Trump selects Robert F. Kennedy Jr. to lead HHS, sparking public health and industry concerns

President-elect Donald Trump announced Robert F. Kennedy Jr., a longtime vaccine skeptic and former independent presidential candidate, as his nominee to head the Department of Health and Human Services (HHS). The decision, revealed Thursday, sparked widespread apprehension in the public health community and left the pharmaceutical and biotech industries braced for potential upheaval. Kennedy, a polarizing figure because of his controversial views on vaccines and public health policies, will need Senate confirmation to assume the role. However, Trump has hinted at the possibility of bypassing the confirmation process by making a suspension appointment if necessary. If confirmed, Kennedy would oversee…
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Elon Musk endorses candidates for Treasury secretary amid Trump transition

Elon Musk endorses candidates for Treasury secretary amid Trump transition

At the 10th awards ceremony held at the Academy Museum of Motion Pictures on April 13, 2024, Elon Musk made headlines by expressing his support for potential candidates for the position of Treasury secretary. This announcement comes as President-elect Donald Trump has yet to reveal his pick for this crucial Cabinet role. Through a post on This endorsement highlights Musk's belief in the need for a change in economic policy. Reports indicate that Lutnick and Scott Bessent, founder and CEO of Key Square Group, are the leading contenders for the Treasury Department. Musk also shared his view on Bessent, describing…
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Trump’s Economic Agenda: Insights from Former Treasury Secretary Mnuchin

Trump’s Economic Agenda: Insights from Former Treasury Secretary Mnuchin

As President-elect Donald Trump prepares to take office in January, he is expected to reinstate key elements of his previous economic platform, including tariffs, tax cuts and sanctions. Steven Mnuchin, who served as Treasury Secretary during Trump's first term, discussed these priorities in a recent interview with CNBC. Key components of Trump's economic strategy Tax cutsMnuchin stressed that tax cuts will remain a “distinctive part” of Trump's agenda. He expressed confidence that passing tax reforms in Congress should be easy, especially if Republicans maintain control of the House. RatesThe former Treasury secretary reiterated Trump's commitment to using tariffs as a…
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Disney set to announce fiscal fourth-quarter earnings amid key business developments

Disney set to announce fiscal fourth-quarter earnings amid key business developments

A statue of Walt Disney and Mickey Mouse graces the front yard of Cinderella Castle at Magic Kingdom Park, setting the stage for a pivotal moment as Disney prepares to release its fiscal fourth-quarter earnings on Thursday. Wall Street's attention will be sharply focused on the performance of Disney's streaming and theme park divisions, as well as updates on the search for CEO Bob Iger's successor. Analysts surveyed by LSEG expect the following key numbers for Disney's next earnings report: Earnings per share: Expected at $1.10 Income: Expected to reach $22.45 billion The profitability of Disney's streaming services has become…
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Rocket Lab reports strong growth and secures first Neutron launch customer

Rocket Lab reports strong growth and secures first Neutron launch customer

Rocket Lab recently made headlines with the announcement of significant third-quarter results, which led to a surge in its shares in after-hours trading. The space infrastructure company reported a notable increase in revenue, reaching $104.8 million, a 55% increase from $67.6 million in the same period last year. This figure exceeded Wall Street expectations, which expected revenue of approximately $102 million. Despite the impressive revenue growth, Rocket Lab reported a widening net loss, which grew to $51.9 million from $40.6 million a year earlier. However, the company's loss was 10 cents per share, slightly better than analysts' forecasts of a…
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