According to reports, Tesla still trades at huge premiums, as measured by forward price-to-earnings ratios. March 10 was a brutal day for Elon Musk-the world’s wealthiest person . Tesla’s stock took a sharp nosedive, his social media platform X (formerly Twitter) suffered widespread outages due to what he called a …
Our president, Donald Trump , tells us that “what we are doing is big,” so there might be economic consequences to come that we don’t like. But he can’t change the plan, whatever the heck the plan is. Our Treasury secretary, Scott Bessent, comes on CNBC and tells us that …
SpaceX launched its huge Starship rocket on the program’s eighth test flight Thursday, but a malfunction of some sort triggered multiple upper stage engine shutdowns and the vehicle failed to reach its planned sub-orbital altitude, breaking apart in a spectacular shower of debris. It was the second failure in a …
Elon Musk reacts on the day of U.S. President Donald Trump’s speech to a joint session of Congress, in the House Chamber of the U.S. Capitol in Washington, D.C., U.S., March 4, 2025. Evelyn Hockstein | Reuters Elon Musk’s Department of Government Efficiency abandoned some of its plans to slash contract …
Then Social Security Commissioner Martin O’Malley testifies before the Senate Committee on the Budget on Sept. 11, 2024. Anna Rose Layden | Getty Images News | Getty Images Social Security has never missed a benefit payment since the program first began sending individuals monthly benefits more than eight decades ago. …
Elon Musk and President Donald Trump in the Oval Office at the White House, Feb. 11, 2025. Andrew Harnik | Getty Images News | Getty Images As the so-called Department of Government Efficiency looks to cut federal spending, Elon Musk and President Donald Trump have floated the idea that some …
In the weeks since President Trump’s return to office, the Consumer Financial Protection Bureau, long a target of conservatives, landed in the crosshairs of Elon Musk’s DOGE, or Department of Government Efficiency. As a watchdog agency, the Consumer Financial Protection Bureau, or CFPB, is tasked with protecting consumers from financial …
Protesters demonstrate in support of federal workers outside of the U.S. Department of Health and Human Services on Feb. 14, 2025 in Washington, DC. Anna Moneymaker | Getty Images On Feb. 11, Elizabeth Aniskevich, an attorney at the Consumer Financial Protection Bureau, received a notice that she was being terminated …
While the debate over the ideal workweek has been ongoing for decades, it has intensified over the last few months. In 2023, Infosys co-founder Narayana Murthy‘s statement about the need for India’s work culture to change, and for youngsters to be prepared to work 70-hours per week sparked a controversy …
A US Postal Service worker outside a Signature Bank branch in the Brooklyn borough of New York, US, on Wednesday, March 15, 2023. Angus Mordant | Bloomberg | Getty Images Anchorage Digital CEO Nathan McCauley wants everyone to know what happened to his crypto company in 2023 during the Biden …