Norway’s obsession defies Europe’s Elon Musk backlash

Norway’s obsession defies Europe’s Elon Musk backlash

Norway’s strong embrace of Tesla, driven by its EV-friendly policies, contrasts sharply with Europe’s broader backlash against Elon Musk, as seen in the context of UniCredit’s pursuit of Commerzbank despite German opposition. Tesla’s sales in Norway surged 54% year-on-year in June 2025, with a 115.3% increase in Model Y registrations, following a 213% spike in … Read more

Trump Budget Chief Accuses Fed Chair Powell of Mismanaging Central Bank, Escalating Tensions

Trump Budget Chief Accuses Fed Chair Powell of Mismanaging Central Bank, Escalating Tensions

By Sam, Professional JournalistWashington, D.C., July 10, 2025 — Russ Hanneman, President Donald Trump’s nominee for Director of the Office of Management and Budget (OMB), has publicly accused Federal Reserve Chair Jerome Powell of mismanaging the U.S. central bank, intensifying the administration’s ongoing feud with the Fed. Hanneman’s remarks, made during a July 9, 2025, … Read more

Federal Reserve Signals Rate Cuts in 2025, but Debate Persists on Scope and Timing

Federal Reserve Signals Rate Cuts in 2025, but Debate Persists on Scope and Timing

July 10, 2025 – Federal Reserve officials are increasingly aligned on the likelihood of interest rate cuts in 2025, but their June 17-18 meeting minutes reveal a sharp divide over the number and timing of these reductions, reflecting uncertainty driven by President Trump’s trade policies and mixed economic signals. The minutes, released Wednesday, show the … Read more

Trump inaugural impersonators scammed donors out of crypto, feds say

Trump inaugural impersonators scammed donors out of crypto, feds say

Trump Inaugural Impersonators Scammed Donors Out of $250,300 in Cryptocurrency, Federal Authorities Say July 4, 2025 – Federal prosecutors have uncovered a sophisticated scam targeting donors to the Trump-Vance Inaugural Committee, with perpetrators impersonating committee officials to steal over $250,300 in cryptocurrency. The U.S. Department of Justice (DOJ) filed a civil complaint on July 2, … Read more

Tesla Reports 384,122 Vehicle Deliveries in Q2 2025, Down 13% Year-Over-Year

Tesla Reports 384,122 Vehicle Deliveries in Q2 2025, Down 13% Year-Over-Year

July 2, 2025 – Tesla (TSLA) released its Q2 2025 vehicle production and delivery report, announcing 384,122 vehicles delivered globally, a 13% decline from the 444,000 delivered in Q2 2024. The company produced 410,244 vehicles, including 396,835 Model 3 and Model Y units and 13,409 other models, such as the Cybertruck, Model S, and Model … Read more

Trump threatens funding for NYC if Mamdani is elected

Trump threatens funding for NYC if Mamdani is elected

Trump Threatens to Cut NYC Federal Funding if Zohran Mamdani Wins Mayoral Race Washington, D.C., June 29, 2025 — President Donald Trump escalated his attacks on New York City’s Democratic mayoral candidate Zohran Mamdani, threatening to withhold federal funding if the 33-year-old democratic socialist is elected mayor in November 2025. In a Fox News interview … Read more

Judge Rejects Trump’s Latest Bid to Dismiss Central Park Five Defamation Lawsuit

Judge Rejects Trump’s Latest Bid to Dismiss Central Park Five Defamation Lawsuit

On June 27, 2025, U.S. District Judge Wendy Beetlestone in Philadelphia rejected President Donald Trump’s motion to dismiss a defamation lawsuit filed by the Exonerated Five, formerly known as the Central Park Five, marking another setback for Trump’s legal efforts. The lawsuit, filed by Yusef Salaam, Raymond Santana, Kevin Richardson, Antron McCray, and Korey Wise, … Read more

Retail sales May 2025 fell 0.9%, worse than expected as consumers pulled back

Retail sales May 2025 fell 0.9%, worse than expected as consumers pulled back

In May 2025, U.S. retail sales fell by 0.9%, a steeper decline than the anticipated 0.6% drop, underscoring a cautious pullback in consumer spending amid mounting economic uncertainties. The Commerce Department’s report, released on June 17, 2025, highlighted a broad slowdown in discretionary purchases, marking the second consecutive monthly decline following April’s revised 0.1% decrease. … Read more

Trump’s Final Bid Fails as Appeals Court Rejects Rehearing in E. Jean Carroll Case

Trump’s Final Bid Fails as Appeals Court Rejects Rehearing in E. Jean Carroll Case

On June 13, 2025, President Donald Trump suffered a legal setback when the 2nd U.S. Circuit Court of Appeals in New York denied his request for a full bench (en banc) rehearing of his appeal in the E. Jean Carroll defamation and sexual abuse case. The decision upholds a $5 million verdict from a 2023 … Read more

Dangote Refinery Slashes Nigeria’s Petrol Import Bill by 54% in Q1 2025: A Game-Changer for Energy Independence

Dangote Refinery Slashes Nigeria’s Petrol Import Bill by 54% in Q1 2025: A Game-Changer for Energy Independence

In a transformative shift for Nigeria’s energy landscape, the nation’s petrol import bill plummeted by 54% in the first quarter of 2025, dropping from N3.81 trillion in Q1 2024 to N1.76 trillion, according to the National Bureau of Statistics (NBS). This dramatic decline, also reflecting a 47% reduction from N3.3 trillion in Q4 2024, is … Read more