The head of Trump’s inauguration explains what’s going on…

The head of Trump's inauguration explains what's going on with Andrea Bocelli - Donald Trump did not ask his friend Andrea Bocelli to perform at his inauguration, the chairman of the Presidential Inaugural Committee said Tuesday in response to reports that the singer turned the president-elect down.

Obama bans future oil leases in much of Arctic, Atlantic

President Barack Obama has designated the bulk of U.S.-owned waters in the Arctic Ocean and certain areas in the Atlantic Ocean as indefinitely off limits to future oil and gas leasing. The move on Tuesday helps put some finishing touches on Obama's environmental legacy while also testing President-elect Donald Trump's promise to unleash the nation's untapped energy reserves.

El-Erian says sustaining Trump rally depends on Germany, China

The global stock surge tied to Donald Trump's victory in the U.S. has a better chance of enduring if the president-elect can coax nations such as Germany, Japan and China to embrace reforms, said Mohamed El-Erian, Allianz SE's chief economic adviser. "In order for this Trump rally to be sustained, it's not just about implementing policies at home," Mr. El-Erian said Tuesday in an interview on Bloomberg Television.

The Latest: McConnell says no to select panel on Russia

Senate Majority Leader Mitch McConnell is rejecting calls for a special Senate investigative committee focused on possible interference in U.S. elections by Russia and other countries. McConnell says a finding by U.S. intelligence officials that Moscow hacked Democratic emails in a bid to elevate Donald Trump "is a serious issue, but it doesn't require a select committee."

Trumpa s infrastructure splurge would collide with U.S. skilled labor crunch

President-elect Donald Trump's drive to rebuild U.S. roads, bridges, ports and other public works projects with a $1 trillion infrastructure investment plan would come as the country faces a shortage of skilled laborers. Before any dirt can be moved, Trump would have to get approval from Congress.

Trump wins Electoral College vote; a few electors break ranks

Republican Donald Trump prevailed in U.S. Electoral College voting on Monday to officially win election as the next president, easily dashing a long-shot push by a small movement of detractors to try to block him from gaining the White House. Trump, who is set to take office on Jan. 20, garnered more than the 270 electoral votes required to win, even as at least half a dozen U.S. electors broke with tradition to vote against their own state's directives, the largest number of "faithless electors" seen in more than a century.

Senate Must Reject Trump’s Pick for Ambassador to Israel

In the machinery of the Holocaust, in the places where Jews and others were murdered by the millions, certain prisoners were compelled or volunteered to help the Nazis in the arduous business of genocide. These people were called Kapos, reviled by Jew and Nazi alike, and few of them survived.

The Animal Cunning & Instinct of Donald Trump

The American middle classes, the Chinese, and Vladimir Putin have never been convinced that Ivy League degrees, vast Washington experience, and cultural sophistication necessarily translate into national wisdom. Trump instead relies more on instinct and operates from cunning - and we will soon see whether we should redefine wisdom.But for now, for example, we have never heard a presidential candidate say such a thing as We love our miners - not we like miners, but we love them.

Revolt fizzles as Trump easily wins Electoral College vote

Despite weeks of lobbying and a day of protests, President-elect Donald Trump won all but two of the Electoral College votes he claimed on Election Day, ensuring he will become America's 45th president. All 538 electors met in state capitals across the country Monday to cast their votes.

China returns US underwater drone seized in South China Sea

China has handed back to the United States an underwater drone whose seizure raised tensions in a relationship that has been tested by President-elect Donald Trump's signals of a tougher policy towards Beijing. China has handed back to the United States an underwater drone whose seizure raised tensions in a relationship that has been tested by President-elect Donald Trump's signals of a tougher policy towards Beijing.

Will Trump live up to his infrastructure promises?

Even as they maneuver for a share of the $1 trillion in spending Donald Trump promised to rebuild America's roads, bridges and airports, lobbyists for transportation and utility industries are beginning to wonder whether Trump really meant what he said. From the day he formally entered the presidential race to the moment he declared victory, Trump pledged to rebuild the nation's aging and inadequate infrastructure.

Markets Are Going to Roil Next Year

The European Central Bank reckons that financial market uncertainty, as measured by how far stocks, bonds and the euro are from historical norms, is currently close to zero, in contrast with elevated uncertainty during the recessions of 2009 and 2013: The sheer range of known unknowns for 2017 -- the outlook for China's economy, the effect of populism on European politics, the scattergun policy-making of president-elect Donald Trump -- makes a low level of uncertainty unlikely to persist. For each of the major financial asset classes, there are plenty of reasons to expect that price swings will become more violent next year.