Plans are being put together at President Donald Trump’s direction to hold a signing ceremony in Davos, Switzerland, for the Gaza Board of Peace, Fox News confirmed on Tuesday. Bloomberg was first to report the plans. The Trump administration began sending invitations to countries over the weekend, asking them to become founding members of the so-called Board of Peace. “Dozens” of countries have been invited to join the...

California’s potential “billionaire tax” is the latest catalyst that is driving a capital exodus that puts the state’s tax base, budget and political power at risk. The measure would levy a one-time 5% wealth tax on residents with more than $1 billion in assets, including unrealized gains — a proposal California Gov. Gavin Newsom has warned could backfire. Supporters say the tax would close budget gaps, while economists...

Three days after President Donald Trump exploded a political bomb in Louisiana’s Senate race by endorsing Republican Rep. Julia Letlow over incumbent GOP Sen. Bill Cassidy, Letlow announced her campaign. Letlow declared her candidacy at a closed-door business breakfast in Baton Rouge, Louisiana, Tuesday morning, according to Republican sources. And in a social media post and video that shortly followed, Letlow emphasized that “Louisiana deserves a conservative Senator...