Elon Musk brother Kimbal says Trump tariffs permanent tax on consumers

Elon Musk brother Kimbal says Trump tariffs permanent tax on consumers

### Kimbal Musk Slams Trump Tariffs as ‘Permanent Tax on Consumers’ Amid Economic Fallout *April 7, 2025, 1:19 PM PDT* — Kimbal Musk, brother of Tesla CEO Elon Musk and a prominent entrepreneur in his own right, has publicly criticized President Donald Trump’s sweeping tariffs, calling them a “structural, permanent tax on the American consumer.” … Read more

Prove AI can’t do jobs before asking for more headcount

Prove AI can’t do jobs before asking for more headcount

Prove AI Can’t Do Jobs Before Asking for More Headcount, Experts Urge Employers April 7, 2025, 12:15 PM PDT — As companies worldwide grapple with staffing decisions amid economic turbulence sparked by Trump’s tariffs, a growing chorus of business leaders and tech experts is pushing a provocative stance: don’t hire more humans until you’ve proven … Read more

Recession fears hit Starbucks, Chipotle, McDonald’s stocks

Recession fears hit Starbucks, Chipotle, McDonald’s stocks

Recession Fears Hit Starbucks, Chipotle, McDonald’s as Consumer Spending Weakens New York, June 10, 2024 – Shares of major fast-food and coffee chains, including Starbucks (SBUX), Chipotle (CMG), and McDonald’s (MCD), tumbled this week as growing recession fears and slowing consumer spending rattled investor confidence. Stocks Under Pressure Starbucks shares fell nearly 5% after reporting weaker-than-expected sales, with customers cutting … Read more

Airlines expected to cut 2025 outlooks as travel demand falters

Airlines expected to cut 2025 outlooks as travel demand falters

Airlines Expected to Cut 2025 Outlooks as Travel Demand Falters As global economic uncertainties persist, airlines are bracing for a potential slowdown in travel demand in 2025, with many expected to revise their financial outlooks downwards. After a period of remarkable recovery from the pandemic’s devastating impact on the airline industry, recent signs of weakening … Read more

Watch Fed Chair Jerome Powell speak live on interest rates and tariffs

Watch Fed Chair Jerome Powell speak live on interest rates and tariffs

Watch Fed Chair Jerome Powell Speak Live on Interest Rates and Tariffs Amid Economic Turmoil April 7, 2025 — Federal Reserve Chair Jerome Powell is set to address the nation today, Monday, April 7, at 10:00 a.m. PDT, delivering critical remarks on interest rates and the fallout from President Donald Trump’s sweeping tariffs. The live … Read more

Trump extends TikTok deadline for the second time

Trump extends TikTok deadline for the second time

Top Story: Trump Extends TikTok Deadline for Second Time, Giving App Another 75 Days to Seal a Deal April 7, 2025 — President Donald Trump has once again stepped in to delay a looming ban on TikTok, granting the popular video-sharing app a second 75-day extension to finalize a sale of its U.S. operations. The … Read more

How Trump’s tariffs rollout turned into stock market mayhem

How Trump’s tariffs rollout turned into stock market mayhem

How Trump’s Tariffs Rollout Turned into Stock Market Mayhem April 6, 2025 — President Donald Trump’s aggressive tariff rollout, unveiled on April 2 as part of his “Liberation Day” trade policy, has plunged Wall Street into chaos, triggering a brutal two-day sell-off that erased over $5 trillion from the S&P 500 and sent global markets … Read more

Stock market crash not part of Trump’s strategy

Stock market crash not part of Trump’s strategy

Stock Market Crash Not Part of Trump’s Economic Plan, Advisors Clarify Washington, D.C.  – Amid growing market volatility and concerns over former President Donald Trump’s proposed economic policies, his campaign advisors have firmly dismissed speculation that a stock market crash is part of his strategy, calling such claims “baseless fearmongering.” Market Jitters Over Trump’s Policy Proposals Recent … Read more

Economists take issue with Trump’s tariff formula, arguing rate is inflated

Economists take issue with Trump’s tariff formula, arguing rate is inflated

Washington, D.C. – June 10, 2024 – Former President Donald Trump’s proposal to impose sweeping 10% across-the-board tariffs on all U.S. imports has drawn sharp criticism from economists, who argue that the policy would inflate costs for consumers, disrupt supply chains, and potentially trigger retaliatory trade wars—with little benefit to American workers. Trump’s Tariff Plan: A “Blunt Instrument” in … Read more

Meta debuts new Llama 4 models, but most powerful AI model is still to come

Meta debuts new Llama 4 models, but most powerful AI model is still to come

AI Models, But Most Powerful Version Still Awaited San Francisco, May 15, 2025 – Meta has officially launched its latest generation of artificial intelligence models, Llama 4, marking another leap forward in the company’s open-weight AI strategy. However, the most advanced version of the model—expected to rival top-tier competitors like OpenAI’s GPT-5 and Google’s Gemini Ultra—remains in … Read more