Analyses and reports from major business publications like Forbes and Bloomberg

Trump Named Time's Person of the Year for Second Time, Rings NYSE Bell in Celebration

Dec 12, 2024, 11:32 PM

President-elect Donald Trump has been named Time magazine's Person of the Year for 2024, marking the second time he has received the honor following his initial win in 2016. The magazine cited his significant impact on American politics, stating that he "did the most to shape the world and the headlines over the past 12 months, for better or worse." In celebration of the recognition, Trump rang the opening bell at the New York Stock Exchange, where he was met with chants of "USA" and expressed optimism for the business community. The shortlist for the title included Vice President Kamala Harris, Israeli Prime Minister Benjamin Netanyahu, Mexican President Claudia Sheinbaum, and billionaire Elon Musk. Time magazine noted that Trump led a "historic comeback," reshaping the political landscape and altering the nature of the presidency and the United States' role in the world. This marks a continued tradition, as in past presidential election years, Time's Person of the Year has often been the winner of the White House.