By Joe Cash, Josh Arslan, Casey Hall and Liz Lee BEIJING (Reuters) -Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat of the bruising trade war that drove a wedge between the economic superpowers during his first term.

Key Takeaways Stocks on Friday were on track to have their best week since early November as investors bid up equities after this week's reassuring inflation data and ahead of Donald Trump's inauguration next week.

The MAGA billionaire “is expected to use office space in the White House complex as he launches the so-called Department of Government Efficiency,” The New York Times reported. Musk is expected to get space to work in the Eisenhower Executive Office Building, which is next door to the White House.

"Magnificent Seven" stocks — the market darlings responsible for more than half of the S&P 500’s ( ^GSPC) 25% return in 2024 — may be poised for further gains as President-elect Donald Trump returns to the White House.

Donald Trump's inauguration is just days away. Here's how Floridians can watch and stream all Inauguration Day ceremonies on Monday, Jan. 20

The day before he left the White House in 2021, Donald Trump vowed to remain a force in U.S. politics. "The movement we started is only just beginning," he said in a farewell video. What might have seemed then to be wishful thinking now sounds like a prophecy.

Greg Anderson, a political science professor at the University of Alberta who has written numerous pieces about Canada-U.S. relations, speaks to Global News at Noon Edmonton about Donald Trump preparing to return to the White House and what it means for Canada.