President Trump’s public fallout with Elon Musk has escalated over proposed cuts to electric vehicle incentives embedded in a sweeping tax bill. The drama unfolded as Trump decried Musk’s criticisms and hinted at a ruptured relationship, with both sides now locked in a blunt, if not bickering, dispute over policy and profit.
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permalink / 14 stories from sources in 24 hours ago #trump #musk #economy
Senate and House lawmakers are locked in a tug-of-war over Trump’s One Big Beautiful Bill as Republican Whip Tom Emmer dismisses its Senate prospects while critics warn that the legislation could jeopardize health insurance for millions. The debate highlights deep divisions within the party. More...
The Trump administration has turned to the Supreme Court, requesting relief from judicial orders that block its plan to downsize and restructure the Department of Education. The legal maneuver aims to reinstate layoffs and enable a drastic agency overhaul amid ongoing litigation and political controversy. More...
A high-stakes call between President Trump and Chinese leader Xi has reportedly restored a temporary trade truce, yet critical supply chain issues—including a stubborn metal shortage—linger. Analysts note that despite the diplomatic chatter, underlying economic tensions remain as unresolved as ever. More...
In a dramatic intervention into monetary policy, former President Trump urged Federal Reserve Chair Powell to slash interest rates by a full percentage point. The call, made against a backdrop of a cooling job market, reflects his ongoing criticism of current economic measures and fuels further debate over America’s rate strategy. More...
In a brutal escalation, Russian forces launched a coordinated missile and drone assault targeting Kyiv, resulting in multiple casualties and injuries. Reports also note ballistics observed over Kyiv and simultaneous strikes in Chernihiv, underscoring the ferocity of the attack while Ukrainian defenses scramble to protect civilians amid the unfolding chaos. More...
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