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Investor Warns of Economic Impact from Federal Spending Cuts
Investor Danny Moses, known for predicting the 2008 financial crisis, is now warning about the market’s underestimation of the economic impact of federal spending cuts led by the […]
President Trump Threatens Jail Time for Those Damaging Tesla Vehicles
President Donald Trump has increased threats against individuals who destroy Tesla vehicles. On social media, Trump contemplated sending such individuals to a prison in El Salvador, where over […]
JPMorgan Asset Management Exits Climate Coalition
JPMorgan Asset Management (JPMAM) has decided to exit the Net Zero Asset Managers (NZAM) initiative, citing a pause in January amidst developments in the regulatory environment and client […]
Heathrow Airport Closes After Fire Causes Major Power Outage
Heathrow Airport announced its closure until 11:59 p.m. local time due to a fire that caused a major power outage. The airport handles approximately 1,300 flights daily. A […]
Elon Musk urges Tesla employees to retain stock amid significant selloff
Elon Musk reassured Tesla employees about the company’s future during a meeting, urging them not to sell their stock despite a 50% drop in share prices. Musk attributes […]
Commerce Secretary promotes Tesla stock on Fox News, raising ethics concerns
Commerce Secretary Howard Lutnick encouraged Fox News viewers to buy Tesla stock, potentially violating federal ethics rules that prohibit officials from endorsing products or businesses. This action aligns […]
Tesla recalls all Cybertrucks due to faulty adhesive on steel panels
Tesla has initiated a recall for all 46,100 Cybertrucks sold due to an issue with the adhesive used to attach stainless steel panels. The US National Highway Traffic […]
Compounding Pharmacies Continue to Offer Zepbound Copycats Despite FDA Ban
This week was supposed to signify the end of compounding pharmacies producing copycat versions of Eli Lilly’s weight-loss drug Zepbound and its diabetes drug Mounjaro. However, online platforms […]
Wall St cuts losses as Trump hints at flexibility on tariffs
Wall Street’s main stock indexes reduced their declines on Friday after U.S. President Donald Trump suggested there would be flexibility on tariffs, ahead of the reciprocal duties he […]