Believe in Elon Musk’s $1 trillion ‘waste and fraud’ jackpot when you see it
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New report calls into question Musk and Trump’s government-fraud claims
It’s yet another setback for Elon Musk’s claim of a $1 trillion “DOGE dividend.”MarketWatch - 53m -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - 4d -
Trump, Musk fuel fears of Social Security cuts with 'fraud' talk
President Trump and his billionaire adviser Elon Musk are ratcheting up false rhetoric about Social Security, repeatedly claiming the program wastes hundreds of billions of dollars in fraudulent ...The Hill - 7h -
DOGE chief Elon Musk says he's running businesses 'with great difficulty' as Tesla shares tank
The Tesla CEO Musk said he expected to realize $1 trillion in government savings for the Trump administration as part of the DOGE project.CNBC - 1d -
Schumer assails Musk for claiming Social Security rife with fraud
Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead” ...The Hill - 1d -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - 1d -
What Elon Musk’s Suit Says About Trump and Power
When Elon Musk puts on a nice suit, it has a way of looking like a demotion.The New York Times - 20h -
X sees major outages as Musk claims 'massive cyberattack' hit platform
Three separate outages appeared to hit Elon Musk's X social media site Monday, as the tech titan claimed it was suffering a "massive cyberattack."NBC News - 1d -
Tesla investor survey shows 85% believe Elon Musk's politics are having 'negative' or 'extremely negative' impact on company
The poll is the latest sign of mounting frustration with the billionaire entrepreneur as he's become a rising politic figure.CNBC - 1h
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Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 8m -
Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 16m -
Roomba vacuum maker iRobot warns it may go bust, sending stock down 30%
After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive another 12 months.MarketWatch - 23m -
Rocket-Redfin deal could make home buying more convenient — and more expensive
One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions ...MarketWatch - 25m -
Motorcycles, whiskey, gum: How the E.U. is targeting U.S. products with retaliatory tariffs
The European Union is planning new tariffs on a wide range of U.S. imports next month in response to President Donald Trump’s new taxes on imported aluminum and steel that went into effect Wednesday.MarketWatch - 39m
More in Business
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FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
The agency cited staffing and budget constraints as factors for why the trial should be pushed back.CNBC - 4m -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 8m -
Rheinmetall sales surge 36% in 2024, as company forecasts 'major' military order boom
Last year's sales boom helped push Rheinmetall's operating profit to a record high.CNBC - 11m -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 12m -
Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 16m