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Sunday, feb 16
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Sunday, feb 16
Tag:
Elon Musk
Business
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…
Politics
Elon Musk's Support Plunges Among Republicans: New Poll
A new poll shows a significant decline in Republican support for billionaire Elon Musk’s influence within the Trump administration. In the days following the November 2024 election, 47 percent of surveyed Republicans by Economist/YouGov expressed a desire for Musk to have “a lot” of influence in the administration. However, the latest poll, conducted Sunday, Feb. 2 to Tuesday, Feb. 4, indicates that this figure has dropped to 13 percent. Another 25 percent say they want Musk to have “a little” influence and 46 percent said they want “none at all.” This trend suggests a growing ambiv…
Politics
Elon Musk Lieutenants Given Access To US Treasury Department’s Payments System: Report
Representatives from a team led by billionaire businessman and political activist Elon Musk have been granted access to the US Treasury Department’s payments system, a move that could significantly impact federal spending oversight, according to a new report. Treasury Secretary Scott Bessent authorized the change late Friday, Jan. 31, giving Musk’s Department of Government Efficiency (DOGE) team access to the federal payment system, which manages disbursements for the entire US government, The New York Times says. The decision follows a standoff with David Lebryk, a longtime Treasury …
News
Supreme Court Upholds TikTok Ban: How The App Could Survive In The U.S.
The Supreme Court has upheld a new law that could ban TikTok in the U.S. unless its Chinese parent company divests from the very popular video-sharing social media app. The justices said the "Protecting Americans from Foreign Adversary Controlled Applications Act" doesn't violate the First Amendment, according to the court's decision on Friday, Jan. 17. The ruling allows for TikTok to potentially be banned in the U.S. as early as Sunday, Jan. 19. TikTok, which has more than 170 million users in the U.S., has come under scrutiny over fears that ByteDance could allow the Chinese gov…
Business
Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said five percent of low-performing employees will be terminated, Bloomberg News reported. The company that also owns WhatsApp and Threads has more than 72,000 employees, according to Meta's most recent quarterly report. A five-percent reduction would mean about 3,600 people could lose their jobs. "I've decided to raise the bar on performance management and move out low-performers faster,…
News
Deadly Cybertruck Explosion At Trump Hotel in Las Vegas Investigated As Possible Terror Act
Authorities are investigating a deadly explosion involving a Tesla Cybertruck outside the Trump International Hotel in Las Vegas. The explosion claimed the life of one individual and left seven others injured, prompting a joint inquiry by local law enforcement and the FBI. The incident is being investigated as a possible terrorist act, ABC News and CNN are reporting. The incident occurred around 8:40 a.m. Wednesday, Jan. 1, near the hotel’s valet area. Witnesses reported hearing a loud explosion followed by a fire that engulfed the vehicle. First responders quickly arrived…
Politics
Musk, Harvard-Grad Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency
President-Elect Donald Trump continues to fill his cabinet with loyalists and his biggest supporters following his sweeping victory in last week's election. He announced Tuesday, Nov. 12, that two billionaire former rivals turned allies, Elon Musk and Vivek Ramaswamy, would head up his new Department of Government Efficiency. Related: Trump Nominates NY Rep. Elise Stefanik As UN Ambassador The tech entrepreneur, age 53, and the 39-year-old Harvard and Yale Law grad will be tasked with major cuts in government spending. Trump called it "The Manhattan Project" for a new…
Politics
Donald Trump Paints America In Collapse In Elon Musk X Interview Plagued By Tech Glitches
In an at-times rambling conversation plagued by tech glitches that jumped from fawning praise to forced questions, former President Donald Trump laid out his clearest thesis for his campaign: Vote Trump to preserve American supremacy around the globe and avoid a World War. The conversation began about the assassination attempt on Trump's life. Musk said he was stunned at how close Trump was to losing his life. The former president said even his doctors couldn't believe his luck. The former president said it was most likely divine intervention that saved his life. https://t.c…
Politics
'Sounds Like A Rejected Comedy Sketch': Internet Reacts To RFK Jr. Dumping Bear In Central Park
In an election cycle filled with ridiculous news stories with more dangerously sharp twists than an unregulated carnival rollercoaster, Robert F. Kennedy Jr. dropped one of the weirdest news stories of this year on Monday, Aug. 5. The presidential candidate announced he left a dead bear cub in Central Park because he thought "it would be fun for people." It wasn't, and Kennedy has been turned into a meme overnight. Related: RFK Jr. Says He Dumped Body Of Bear Found In Hudson Valley In Central Park It all began after Kennedy posted a video of him telling the story to Roseanne Barr to get…
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