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TAIPEI, Taiwan — Taiwan's President Tsai Ing-wen has resigned as head of the ruling Democratic Progressive Party following local election losses suffered by her party on Saturday.Voters in Taiwan overwhelmingly chose the opposition Nationalist party in several major races on the autonomous island in an election that saw lingering concerns about threats from China recede to more local issues.Tsai had spoken many times about "opposing China and defending Taiwan" during her party's campaign. But the party's candidate, Chen Shih-chung, who lost his Taipei mayoral battle, only raised the issue of the Communist Party threat a few times before quickly turning…

This is likely to end as the biggest Black Friday in online history.Total online sales for the day after Thanksgiving are expected to exceed $9 billion, according to Adobe, which tracks sales on retailers' websites. That would be a record.As of 6 pm ET, shoppers have spent $7.28 billion on websites. That number could rise to as much as $9.2 billion before the day is out, Adobe said.Record spending comes in the heels of a hefty day of Thanksgiving shopping in which consumers shelled out an all-time high of $5.29 billion online, up 2.9% year-over-year. Shoppers typically spend about $2…

WASHINGTON — The Biden administration lifted some oil sanctions on Venezuela on Saturday in an effort to support recently restarted negotiations between the government of President Nicolás Maduro and his opposition.The Treasury Department is allowing Chevron will resume "limited" power production in Venezuela after years of sanctions that have slashed oil and gas profits that have flowed into the Maduro government. Earlier this year, the Treasury Department again allowed California-based Chevron and other US companies to perform basic maintenance on wells it operates together with state oil giant PDVSA.Under the new policy, Proceeds from the sale of power would go…

Much has been made in recent weeks about the status of Ole Miss head coach Lane Kiffin. Would the leader of the Oxford rebels go to Auburn? More than a week after Kiffin said he would not take the vacant Tigers head coaching job, Hugh Freeze is now Auburn's main focus.Numerous reports said that Kiffin would take the Auburn job once the Egg Bowl was finished. Kiffin has made it clear that he is not going anywhere after accepting a new contract at Ole Miss.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Mississippi Rebels head coach Lane Kiffin during a…