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Economy

Tesla Faces Vandalism and Sales Decline in Europe and Beyond

Posted on: March 6, 2025

Tesla (TSLA) is encountering significant challenges as incidents of vandalism target its facilities. Police in Massachusetts reported that seven of the electric vehicle maker’s charging stations were deliberately […]

Tesla Sales Plunge in Germany, Reflecting Broader Slump in Europe
Economy

Tesla Sales Plunge in Germany, Reflecting Broader Slump in Europe

Posted on: March 6, 2025

Tesla’s sales in Germany experienced a significant decline in February, reflecting a broader downturn across Europe. This slump has impacted the company’s share price and drawn attention to […]

Musk’s Influence on FAA Sparks Controversy and Debate Over Air Traffic Control
Economy

Musk’s Influence on FAA Sparks Controversy and Debate Over Air Traffic Control

Posted on: March 6, 2025

Elon Musk’s growing influence within the Federal Aviation Administration (FAA) has sparked significant debate and controversy. Reports indicate that a representative from Musk’s team arrived at the FAA […]

Big Tech is now slightly less silent on Trump’s tariffs
Economy

Big Tech is now slightly less silent on Trump’s tariffs

Posted on: March 6, 2025

President Donald Trump’s tariffs on imports from Mexico, Canada, and China have prompted limited responses from major tech companies, despite the potential impact on their operations. While some […]

Trump hails ‘reclaiming’ of Panama Canal after BlackRock-led group’s deal to buy stake
Economy

Trump hails ‘reclaiming’ of Panama Canal after BlackRock-led group’s deal to buy stake

Posted on: March 6, 2025

A consortium led by BlackRock has reached a deal to acquire a significant stake in key ports around the Panama Canal, granting the U.S.-based group control over these […]

Here are the likely market winners and losers if Trump stays aggressive on tariffs
Economy

Here are the likely market winners and losers if Trump stays aggressive on tariffs

Posted on: March 6, 2025

Tariffs against China, Mexico, and Canada have now been implemented after delays and negotiations, with potential serious implications for the US and global economies. Market experts have identified […]

US Firms Add 77,000 Jobs, Smallest Gain Since July, in ADP Data
Economy

US Firms Add 77,000 Jobs, Smallest Gain Since July, in ADP Data

Posted on: March 6, 2025

Hiring at US companies slowed in February to the lowest pace since July, primarily due to job cuts in the service sector and adverse weather conditions in certain […]

Li Ka-shing Escapes Trump’s Glare With $19 Billion Port Deal
Economy

Li Ka-shing Escapes Trump’s Glare With $19 Billion Port Deal

Posted on: March 5, 2025

At 96 years old, Hong Kong billionaire Li Ka-shing has executed one of his most ambitious deals to date. Facing pressure from the Trump administration over CK Hutchison […]

Tariffs to spike prices on produce, electronics, gas and toys — with some hikes this week
Economy

Tariffs to spike prices on produce, electronics, gas and toys — with some hikes this week

Posted on: March 5, 2025

Consumers are set to encounter higher prices at checkout counters for a variety of goods, including avocados, electronics, gasoline, and toys. These increases are due to new tariffs […]

Economy

Wall Street fears Trump tariffs could destabilize the faltering economy

Posted on: March 5, 2025

Stock markets experienced volatility as President Donald Trump imposed tariffs on major U.S. trading partners, raising concerns about economic growth and inflation. The Dow Jones Industrial Average dropped […]

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