Tesla climbs in premarket trading as stock reels from Trump-Musk drama
The electric vehicle maker lost $152 billion in market cap Thursday as traders reacted to a public feud between Elon…
Category: Economy
Musk vs. Trump drama dominated in DC, but Germany’s Merz quietly walked away with a win
German Chancellor Friedrich Merz had a full agenda as he met with U.S. President Donald Trump. ...
Trump ‘not interested’ in call with Musk, White House official says
Tesla CEO Elon Musk and President Trump launched a war of words at each other Thursday over Musk's criticism of…
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%. ...
Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring
The report noted that "economic activity has declined slightly since the previous report" released April 23. ...
Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
Trump has branded Powell with the nickname "Too Late" as a criticism of the Fed Chair's continuing decision to hold…
After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Shift4 founder Jared Isaacman, who had been President Trump's pick to run NASA, told investors in a letter on Wednesday…
Musk whips opposition to Trump tax plan: ‘KILL the BILL’
Musk's reaction likely comes in part because Trump's bill cuts an EV tax credit that helps Tesla, a source familiar…
Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut
Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31per share, above its expected range and…