US businesses added 156,000 jobs in December in the last release of key economic data before Donald Trump is sworn in as US president. The number of jobs created fell from an upwardly revised 204,000 in November and came in below market expectations of 175,000 new roles. The jobless rate edged up last month to 4.7% from 4.6%.
President-elect Donald Trump said on Wednesday he plans to nominate Wall Street lawyer Jay Clayton to head the Securities and Exchange Commission, which regulates financial markets in the U.S. Clayton currently works as a partner with the law firm Sullivan & Cromwell where he specializes in public and private mergers and has worked on several high-profile initial public offerings.
The founder of whistle blowing website WikiLeaks has said that even a teenager would have had the technical skills needed to break into the personal email inbox of John Podesta, a close aide to Hillary Clinton who was recently targeted by hackers with suspected links to Russia.
United Stated House Republicans were forced to back down on Tuesday on plans to throw out a congressional ethics office as Donald Trump rebuked them over the move, in an embarrassing clash with the president-elect on the day the new Congress was sworn in.
President-elect Donald J. Trump, expressing skepticism about intelligence assessments of Russian interference in the US election, said that he knew “things that other people don’t know” about the hacking, and that the information would be revealed “Tuesday or Wednesday.” He also underlined that no computer is safe and recommended sending important information the old fashion way, write it out and have it delivered by courier.
Pressure mounted on Sunday for a broader congressional investigation of Russian cyber-attacks aimed at influencing the United States election, even as President-elect Donald J Trump team says there was no conclusive evidence of foreign interference.
A coalition of activist groups took on Sunday the streets of downtown Los Angeles to protest against some of the labor and immigration policies proposed by President-elect Donald Trump, a day before he is expected to officially claim victory in the nation’s presidential contest.
China says it will hand over an underwater U.S. drone it seized in the international waters of the South China Sea, prompting President-elect Donald Trump to say the United States should tell China to keep the device. Trump does not assume power for another month, but weighed in on the maritime incident in which Chinese naval forces seized the unmanned submersible while it was collecting unclassified scientific data on Thursday.
The next chapter in the tumultuous U.S. presidential election takes place on Monday at the Electoral College which is expected to officially confirm that billionaire real estate mogul Donald Trump as the US 45th president.
Russian President Vladimir Putin supervised his intelligence agencies' hacking of the U.S. presidential election and turned it from a general attempt to discredit American democracy to an effort to help Donald Trump, three U.S. officials said on Thursday.