President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.

The tepid open for Asian markets came after the S&P 500 rose 0.6% on Wednesday, putting the index close to an all-time high.

It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president.

After Sam Altman unveiled his ambitious $500 billion "Stargate" AI infrastructure project, Elon Musk took the opportunity to throw shade at his rival

Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

President Trump stated that without his help, the hostage deal would not have materialised, and blamed Biden for the delay in the return of hostages

US President Donald Trump on Tuesday said he likes both sides of the argument on H-1B foreign guest workers' visa, noting that he likes "very competent people" coming into the country and that he has used the programme.

President Donald Trump said he was still considering putting a 10 per cent tariff on imports from China on February 1, repeating a threat he made on the campaign trail. His comment came one day after he ordered an investigation into Chinese trade practices but held off on announcing any new tariffs.

Though Trump started off his first full day as president by unceremoniously firing four prominent appointees from Biden’s administration, several of them pushed back on his characterization of events.

Trump Media & Technology Group is well known for trading on news about the president, as opposed to fundamental metrics.

Canadian Prime Minister Justin Trudeau said his country would respond if President Donald Trump pressed ahead with his threat to impose tariffs on the US’s northern neighbour. “Canada provides many of the necessary inputs that the American economy is going to need,” he said on Tuesday morning.

Billionaires, foreign leaders, Cabinet picks, governors and lawmakers have converged on the president-elect’s Palm Beach estate.