Musk-Led Trump Efficiency Push to Get House Subcommittee Boost

House Oversight Committee Chairman James Comer is set to create a subcommittee to work with President-elect Donald Trump’s government efficiency bid led by Elon Musk and Vivek Ramaswamy, a person familiar with the plans said. The subcommittee focused on the promised...

Dubai-Based Family Offices Manage Over $1 Trillion in Assets

Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, driven by the influx of high-net worth individuals over the past few years. “Family businesses contribute significantly to Dubai’s economy,” said Arif Amiri, the chief...

Jimmy Lai Downplays US Ties in First Remarks in Landmark HK Case

Ex-media mogul testifies in security law trial for first time Trump, Starmer have talked about his case in recent weeks Hong Kong’s former media tycoon Jimmy Lai rebuffed allegations he colluded with foreign governments against China in his first testimony at a...

US Electric Vehicle Demand Seen Plunging 27% Without Tax Credit

Economists project 317,000 fewer EV registrations per year Morgan Stanley says EV adoption in US would slow but not stop Eliminating the US electric vehicle tax credit would dent future EV demand — perhaps by more than a fourth — while providing a trivial boost to...

Trump Promises Could Have Seismic Impact on Washington Economy

The president-elect’s pledges to slash the workforce could crater the local economy. But administrations have made these promises before. Whether President-elect Donald Trump orders hundreds of thousands of federal workers back to their Washington, DC, offices or...