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The Latest Breaking News from Donald Trump

‘This Fed went to sleep,’ says top economist Mohamed El-Erian, who wants to see central bank reformed and presidents to ‘cool it’

Mohamed El-Erian calls for a visionary, less reactive Fed just as Trump settles on his next chair, with Hassett leading and independence fears resurfacing.

Fortune

Costco sues Donald Trump adminstration for not ‘winning’ like he said he would

Costco is not the only company seeking a refund.

We Got This Covered

First Thing: EU foreign policy chief warns US-Russia talks may pressure Kyiv to make concessions

Kaja Kallas voices concern as Steve Witkoff is due to meet Vladimir Putin in Moscow. Plus, a new book highlights the forgotten builders of the Empire State Building

The Guardian - UK

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Stock Index Futures Gain as Investors Recover Risk Appetite

December S&P 500 E-Mini futures (ESZ25) are up +0.27%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.39% this morning, signaling a rebound from yesterday’s sell-off on Wall Street as investor risk appetite gradually returns at the start of December, a period that has historically been strong for markets.

Barchart

Women and men were both sacrificed in ancient China – but for different reasons

Study also provides first evidence of male mass burials in China

The Independent UK

Trump walks back MRI results release, instead posts letter from doctor saying he’s in ‘excellent overall health’

The people demand to examine Trump's innards!

We Got This Covered

Russia ‘ready’ for war if Europe starts it, Putin says, as US peace talks end without progress

Kremlin aide says Ukraine crisis is no closer to resolution after Witkoff talks, as Russian president accuses European powers of sabotaging peace

The Guardian - UK

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The White House’s new media ‘bias’ tracker is a desperate gimmick

The site isn’t exposing misleading reporting – it’s revealing the bubble Trump increasingly inhabits

The Guardian - US

How Trump’s on-again, off-again Nasa appointee emerged from a political black hole

Trump’s renomination of billionaire astronaut Jared Isaacman is a tale of politics, ambition and vanity

The Guardian - US

Republican Socialism: Trump Is Taking Federal Stakes in Private Companies

The Trump administration's pivot toward socialism did not come without warning.

Reason

Trump pick for NASA chief Jared Isaacman pledges to move space shuttle Discovery to Houston, lawmaker says

Jared Isaacman, President Trump's pick to lead NASA, is on board with moving the space shuttle Discovery to Houston, according to one of the senators behind the controversial plan.

Space

Trump dubs Somali immigrants ‘garbage’ ahead of expected ICE raids while Hegseth defiant over ‘narco’ strikes: Live

The defense secretary is at the center of a growing controversy over September 2 strikes against an alleged drug ship in the Caribbean

The Independent UK

IRS agents will be required to watch OnlyFans to determine if content fits ‘no tax on tips’ criteria

Campaigners have claimed that defining what pornography actually is could be too difficult to determine whether OnlyFans creators should be exempted from the ‘no tax on tips’ law

The Independent UK

Watch live: Putin meets Trump envoy for crunch Ukraine talks

Watch live as Vladimir Putin meets Donald Trump’s special envoy Steve Witkoff for talks in Moscow on Tuesday, 2 December.

The Independent UK

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Benzinga

Homeland Security Secretary Kristi Noem Calls For 'Full Travel Ban,' Says 'We Don't Want Them'

Homeland Security Secretary Kristi Noem escalated the national immigration debate on Monday with a call for a nationwide travel ban.

The Independent UK

Son of notorious kingpin pleads guilty in billion-dollar US drug trafficking case

Joaquín Guzmán López, 39, took a plea deal after facing two drug trafficking-related charges

The Guardian - UK

OECD warns Reeves higher taxes and spending restraint will limit consumer expenditure

UK economy will grow faster than France, Germany and Italy but slower than US next year, report predicts

The Guardian - US

Radar revelation stokes fears Caribbean could be drawn into US-Venezuela crisis

Trinidad PM rejects claims installation is in support of US campaign but opposition says ‘they have sold soul of nation’

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news in one place.

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Axios

Trump wields pardons as purest form of power

No president has used pardons more openly as a tool of personal and ideological loyalty than Trump.

The Independent UK

Government drafts in new violence against women and girls adviser amid fears it will miss its target

Exclusive: Labour MP Jess Asato has been drafted in to lead a major overhaul of the NHS’s response to violence against women and girls – just days after Refuge branded the chancellor’s Budget a ‘profound disappointment’ to survivors

The Independent UK

How MAGA senator’s new bill could directly impact Melania and Barron Trump

Bernie Moreno’s radical plan would force anyone with dual citizenship to choose between the two countries

The Independent UK

Fox News host admits Trump faces ‘big problem’ if White House ordered boat survivors to be killed

Hume said that the intention of the strikes matters, after it was revealed that Pete Hegseth had ordered the military to ‘kill everybody’

BANG Premier

Madonna blasts Donald Trump for 'absurd' silence on World AIDS Day

Pop legend Madonna has lambasted US President Donald Trump and his administration for their refusal to acknowledge World AIDS Day on Monday (01.12.25).

International Business Times UK

Student Loans Update: 8 Key Changes Students Must Know, Experts Warn 'Brace for Higher Debt'

The US Education Department's new rules limit student borrowing, making financing degrees harder and pushing students towards riskier private loans, with repayment plans shrinking.

International Business Times UK

AT&T Data Breach Settlement Pays up to $7,500 — Find Out If You're Eligible and How to Claim It

AT&T has agreed to a $177 million (£133.9 million) class-action settlement for two 2024 data breaches, potentially compensating affected current and former US customers up to $7,500 (£5,600), with claims due by 18 December 2025.

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