Latest in Elon Musk's carmaker Tesla raises concern over Trump tariffs
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Morning Report — Trump stirs economic uncertainty
In today’s issue: President Trump marked 50 days in office Monday confronting a grim report card that raised new doubts about his tariff policy and his theory that chaos improves leadership ...The Hill - 5d -
Adobe shares drop 14% as concerns about AI growth overshadow better-than-expected results
Adobe shares fell on Thursday as investors fretted over lingering growth concerns and the company's artificial intelligence monetization strategy.CNBC - 3d -
Stocks sell off on growth scare, yet companies’ talk of recession is lowest since 2018
President Donald Trump’s penchant for tariffs has raised recession fears in the stock market, yet companies aren’t talking much about that growing worry.MarketWatch - 6d -
Believe in Elon Musk’s $1 trillion ‘waste and fraud’ jackpot when you see it
Musk is right about one thing: Absolutely no reasonable person should support waste or fraud in the federal governmentMarketWatch - 4d -
BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - 3d -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - Mar. 7 -
Secretary of state says 83% of USAID programs are being canceled
USAID has been the target of DOGE, the Elon Musk-helmed agency created in an executive order signed by President Trump on his first day in office.CBS News - 6d -
GOP lawmaker booed by crowd at North Carolina town hall
Republican Congressman Chuck Edwards was confronted by angry constituents about Donald Trump and Elon Musk’s cuts across the government at a town hall on Thursday night.ABC News - 2d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 6d -
Drexel Dragons and Elon Phoenix meet in CAA Tournament
Elon Phoenix (17-14, 8-10 CAA) vs. Drexel Dragons (17-14, 9-9 CAA) Washington; Saturday, 12 p.m. EST BETMGM SPORTSBOOK LINE: Dragons -1; over/under is 129.5 BOTTOM LINE: Drexel squares off ...ABC News - Mar. 8 -
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 - 5d -
Bill O'Reilly: Trump should be 'looking to reassure Americans' on economy
Former Fox News host Bill O'Reilly believes President Trump should be concerned about getting his economic message across as Americans face the rocky impact of his tariff policies and continued ...The Hill - 5d -
Trump says McMahon made decisions on mass layoffs at Education Department
President Trump on Wednesday said Education Secretary Linda McMahon was behind the mass layoffs at the agency, not mentioning tech billionaire Elon Musk while defending the overhaul. “When we cut— ...The Hill - 4d -
Democrats train fire on Musk as unelected billionaire dips in popularity
Leaders on left bet on Musk’s bravado to pull party out of political weeds as CEO eyes social security and health cuts. For most of the 17-minute interview, Elon Musk stuck to a script. He was ...The Guardian - 14h -
Tariffs may be worth it, but Trump must level with the public about the coming pain
President Trump's tariffs on imported goods are causing prices to rise, resulting in American taxpayers paying the ultimate cost of the tariffs.The Hill - 2d -
S&P 500 tumbles into ‘correction’ on fresh Trump tariff threats
Gold surges to all-time high as investors seek safety amid doubts over Ukraine ceasefireFinancial Times - 3d -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 4d -
Trump pledges to match EU and Canada's retaliatory tariffs
Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.BBC News - 4d -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 3d -
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 - 6d -
Watchdog requests probe into FAA business with Musk's Starlink
A watchdog group has asked the Transportation Department’s inspector general to investigate whether the Federal Aviation Administration’s (FAA) business with Elon Musk’s Starlink violates conflict ...The Hill - 3d -
How Elon Musk Uses Internet Slang to Marshal His Army of Online Fans
Mr. Musk uses online slang to marshal his 200 million social media followers in support of his efforts to gut the federal government. But he might be reaching his limits.The New York Times - Mar. 6 -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - 3d -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 3d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
It’s not just Walmart.NBC News - 2d -
CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.CNBC - 5d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 5d -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - Mar. 8 -
Why Trump's rapidly changing economic policies are raising stagflation alarms
If there was one thing President Donald Trump was supposed to represent to many voters, it was the prospect of an upturn in their economic fortunes.NBC News - 5d -
Ayo Edebiri ‘got insane death threats’ after Elon Musk shared fake report about Pirates of the Caribbean casting
The Bear actor called Musk a fascist and an idiot after his reaction to a post from a rightwing account that claimed she was replacing Johnny Depp . Ayo Edebiri, the actor best known for her ...The Guardian - 4d -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - Mar. 9 -
An Elon Musk stablecoin? Democrats warn of a Big Tech crypto takeover.
Stablecoin bill could lead to a “privatization of the dollar,” according to crypto skeptic Sen. Elizabeth Warren.MarketWatch - 4d -
How an obscure US government office has become a target of Elon Musk
Rightwing campaign propelled by tech billionaire accuses General Services Administration’s 18F of being a far-left cell. Never miss global breaking news. Download our free app to keep up with key ...The Guardian - 1d -
If you’re reading this column, Elon Musk has messed up | Stewart Lee
Social media is lurching to the right like a tapeworm scenting offal – and X’s algorithms make it hard to find opposing opinion. Wake up grandad and put your opinions in the pedal bin! If you even ...The Guardian - 23h -
Congress keeps a distance on Trump’s tariff rate disputes
President Trump's tariffs on Canada and Mexico, as well as his exemption of North American trade agreement-protected goods, has led to a hands-off approach from Congress, which has been reluctant ...The Hill - 3d -
Bernie Sanders: Musk calling Mark Kelly a 'traitor' is 'beyond the pale'
Sen. Bernie Sanders (I-Vt.) said the country is getting “sick and tired” of tech billionaire Elon Musk and slammed Musk’s accusation that Sen. Mark Kelly (D-Ariz.) is a traitor for visiting Ukraine ...The Hill - 5d -
Rubio Seeks Cease-Fire in Ukraine After Reaching His Own With Musk
After blowing up at Elon Musk, Secretary of State Marco Rubio aims to bolster his position. He is seeing Saudi and Ukrainian officials in Saudi Arabia and allied diplomats in Canada.The New York Times - 6d -
What leverage does Trump have over Putin in Ukraine negotiations?
The Russian president remains unwavering in his demands, making wider sanctions and tariffs ineffective. Ukraine’s agreement to support a US proposal for a 30-day ceasefire in its war against ...The Guardian - 4d -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - 18h -
Senate Democrats leery of blocking GOP bill fear shutdown politics have changed
Senate Democrats are leery of blocking a House Republican-drafted six-month government funding bill, fearing that a government shutdown may backfire on them politically by giving Elon Musk and the ...The Hill - 5d