Trump, Mamdani say NY utility Con Edison needs to cut rates

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Trump, Mamdani say NY utility Con Edison needs to cut rates

WASHINGTON (Reuters) -U.S. President Donald Trump and New York City Mayor-elect Zohran Mamdani agreed on Friday that New York-based utility Con Edison needed to lower its rates. In a White House meeting, the Republican president and the incoming democratic socialist mayor discussed cost-of-living concerns …

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US manufacturing slows in November as high prices curb demand

WASHINGTON (Reuters) -U.S. factory activity slowed to a four-month low in November as higher prices because of tariffs on imports restrained demand, leading to a piling up of unsold goods that could hinder growth in the overall economy.Relief for manufacturers is unlikely to come soon as the University of Mic …

How to Turn the AI Energy Crisis into BIG Profits [sponsor]
According to Elon Musk, the growth of AI is rising by a factor of 10 every six months. And he says this will create a major shortage of electricity. President Trump agrees. “We have to produce massive electricity that we don’t have,” he says. “BUT… we will be able to do it.” How will Trump and Musk solve this problem? The answer might surprise you. And investors who move now into one technology could make a whole lot of money.

US lawmakers target Chinese chipmaking equipment imports by CHIPS Act grant recipients

PHOENIX (Reuters) -A bipartisan group of U.S. lawmakers introduced a bill on Thursday in the House that would block the purchase of Chinese chipmaking equipment by CHIPS Act grant recipients for 10 years.The bill targets a range of chipmaking tools from complex lithography equipment, like that produced by Dut …

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks [sponsor]
One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast. Watch now…

US prosecutors ask court to drop indictment of woman shot during deportation blitz in Chicago

CHICAGO (Reuters) -Federal prosecutors on Thursday moved to dismiss the indictment of a Chicago woman who was shot repeatedly by a U.S. Customs and Border Protection agent during an escalated deportation campaign in the Chicago area this autumn, court records show.It was not immediately clear why prosecutors …

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South Korea readies incentives for long-term stock investment, FX stability

Since taking office in June, the administration of President Lee Jae Myung has vowed various reforms to boost the domestic stock market, driving a rally in the benchmark index this year.The won currency has weakened 0.8% this week to trade at 1,464.8 a dollar on Wednesday, after last week’s sharp gains follow …

Congress to feature Trump on $100 Bill? [sponsor]
A shocking new plan was just introduced in Washington. The idea is to celebrate Trump’s new “golden age” by placing him on the $100 bill. As you’ll see, it has little to do with the new Crypto Reserve… Or Trump’s ambitious plan for Artificial Intelligence… Former Presidential Advisor, Jim Rickards says, “Trump’s crowning achievement will be much, much bigger.” In the months ahead, he predicts, the government will release a massive multi-trillion-dollar asset which it has held back for more than a century. And this will give ordinary investors a chance to strike it rich. Click here to see the full details.

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