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

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