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Trump orders creation of US sovereign wealth fund with potential to purchase TikTok

Trump issued an executive order for the creation of the nation’s first sovereign wealth fund, which could be used to purchase TikTok.
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AP Headline News – Feb 03 2025 17:00 (EST)

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Trump agrees to pause tariffs on Mexico, Canada after pledge to boost border enforcement

President Donald Trump on Monday held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.
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Proposed tariffs will be paused for at least 30 days, according to Prime Minister Justin Trudeau in a post on X. Trudeau says he had a good call with President Trump and announced Canada will be implementing a $1.3 billion border plan. More: trib.al/E5NB6sy #NewsNationNow

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Escaped prisoner taken into custody in Brooklyn

An escaped inmate was back in custody Monday after several days on the run. He had bolted from a transport van in Newark in the final week of January, but wa…

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Palantir shares spike on earnings beat and strong outlook

Dan Ives, Wedbush, and Brent Thill, Jefferies, join ‘Closing Bell Overtime’ to talk Palantir earnings after the stock spikes more than 15% in overtime.

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Trump preps order to dismantle Education Dept. as DOGE probes data

Closing the agency would require congressional approval, so the new administration hopes to diminish it in the meantime.
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⚡️’We need the corps system’ — Zelensky approves plan to restructure army. Ukraine’s Armed Forces are transitioning to a new organizational structure intended to modernize the army, President Volodymyr Zelensky said on Feb. 3. https://t.co/p092SQa0Xm

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Trump challenges Congress’ power with plan to shutter USAID, legal experts say

Donald Trump’s apparent plans to shutter the US Agency for International Development without congressional authority represent another unprecedented move by a president who, since taking office two weeks ago, has been testing the limits of his office by defying longstanding legal and political principles, legal experts told CNN.
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