In recent days, American financial markets have been gripped by the saga of a video game retailer’s soaring stock price. GameStop, which makes most of its money selling video games in stores across America, saw its stock price rise as much as 1,700% this week, backed by fans who believe it is unfairly undervalued by […]
U.S. President Donald Trump’s transportation secretary, Elaine Chao, announced her resignation Thursday, the first Cabinet secretary to resign because of Wednesday’s deadly invasion of the U.S. Capitol by a mob of Trump supporters. Chao, the wife of Senate Majority Leader Mitch McConnell, who is a close Trump political ally, said she was “deeply troubled” by […]
U.S. President-elect Joe Biden on Thursday publicly introduced Merrick Garland, a federal appellate court judge whom Republicans snubbed for a seat on the Supreme Court in 2016, as the attorney general to lead the country’s Justice Department in his new administration. Garland, 68, has served 23 years as an appeals court judge in Washington but […]
U.S. President Donald Trump is urging the Senate to uphold his veto of a $740 billion defense spending measure, even as he predicts that the “weak and tired Republican leadership” in the chamber will allow the veto to be overridden. In the first such rebuke against Trump coming in the waning days of his four-year […]