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Business
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario'
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks plummeted on Wall Street and a wave of panic selling swept through global markets reacting to President Donald Trump's widespread "liberation day" tariffs. The tariff announcement sent stocks into their worst tailspin of 2025 so far and dragged the US dollar to a six-month low on Thursday, April 3. Trump unveiled the sweeping 10% tariffs on all imports and far steeper rates for key trade partners on Wednesday, April 2. By 11 a.m., the Dow Jones Industrial Average had plunged about 1,590 points, down 3.77%. The S&P 500 fell 4.35% – or about 247 points – while the Nasdaq …

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by Chris Spiker
Business
Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin
Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin The US saw one of its largest waves of layoffs in decades, fueled by billionaire Elon Musk's efforts to purge the federal government, as markets fear the financial impacts of President Donald Trump's sweeping new tariffs. US employers announced 275,240 job cuts in March, outplacement firm Challenger, Gray & Christmas said on Thursday, Apr. 3. That's the third-highest monthly amount since Challenger began tracking layoffs in 1989, only surpassed by the height of the COVID-19 pandemic in April and May of 2020. So far in 2025, employers have announced 497,052 job cuts — the highe…

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by Chris Spiker
News
Elon Musk Cut Her Child Support, So Ashley St. Clair Sold Her Tesla, She Says In Viral Video Elon Musk Cut Her Child Support, So Ashley St. Clair Sold Her Tesla, She Says In Viral Video
Elon Musk Cut Her Child Support, So Ashley St. Clair Sold Her Tesla, She Says In Viral Video The public drama between Elon Musk and his alleged baby mama took another strange turn when MAGA influencer Ashley St. Clair sold off her Tesla. In a video that has since gone viral, the 26-year-old handed over the keys to a Tesla Model S, and she later had more harsh words for the world's richest man. Gold digger and professional gaslighter @stclairashley was caught on camera outside of her ritzy Manhattan condo (paid for by her sugar daddy Elon Musk) selling her $100,000 @Tesla she said was gifted to her by @elonmusk during their romantic relationship. She said she’s… pic.twitter.com/o…

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by Zak Failla
Business
Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight
Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight Tesla has delivered significantly fewer vehicles to start 2025 amid its biggest sales drop in years, as the company led by billionaire Elon Musk faces massive protests, boycotts, and production delays. Tesla reported 336,681 vehicle deliveries worldwide in the first quarter of 2025, the electric automaker said in a news release on Wednesday, April 2. Those deliveries are down 13% from 386,810 vehicles in the first quarter of 2024. The Austin, Texas-based company blamed the shortfall on upgrades to manufacturing facilities. "While the changeover of Model Y lines across a…

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by Chris Spiker
Police & Fire
Swastika Scratched Into Tesla At Planet Fitness, Suspect Tracked Down Through Gym Keycard: Cops Swastika Scratched Into Tesla At Planet Fitness, Suspect Tracked Down Through Gym Keycard: Cops
Swastika Scratched Into Tesla At Planet Fitness, Suspect Tracked Down Through Gym Keycard: Cops A swastika was scratched into the side of a Tesla SUV parked outside Planet Fitness in Doylestown, and police say the suspect was caught thanks to a gym keycard swipe and Tesla’s built-in security cameras. The vandalism happened on Monday, March 24, while the victim was inside Planet Fitness in Doylestown, according to the Central Bucks Regional Police Department. The victim told police they noticed the damage — a swastika scratched into the side of their white Tesla SUV — after returning home. They then checked the car’s built-in 24-hour security cameras, which captured the incident around…

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by Cecilia Levine
Business
Waymo To Begin Self-Driving Taxi Service In This Northeast City By 2026 Waymo To Begin Self-Driving Taxi Service In This Northeast City By 2026
Waymo To Begin Self-Driving Taxi Service In This Northeast City By 2026 Washington, DC, will soon join Waymo's growing list of cities offering fully autonomous taxi rides. Waymo announced it'll launch its driverless ride-hailing service in the nation's capital in a news release on Tuesday, Mar. 25. The self-driving taxi rides are expected to begin in 2026. The rollout of Waymo One, the company's paid robotaxi app, follows a return to the capital earlier in 2025, when the company began laying the groundwork for expansion. Human-operated Waymo vehicles are already on DC streets collecting feedback and learning the area's driving patterns. Owned by Goog…

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by Chris Spiker
News
Elon Musk Says Tesla Vandalism Linked To Trans Activism Following Daughter’s Public Criticism Elon Musk Says Tesla Vandalism Linked To Trans Activism Following Daughter’s Public Criticism
Elon Musk Says Tesla Vandalism Linked To Trans Activism Following Daughter’s Public Criticism The same day that his trans daughter slammed him in a magazine interview, Elon Musk is linking the national spree of vandalism against Tesla cars and dealerships to trans activists.  The billionaire tech mogul, now a central figure in former President Donald Trump’s fight against the bureaucratic state, took to X to amplify posts alleging that most suspects arrested in connection with the attacks are trans or nonbinary.  What are the statistics on trans violence?The probability of a trans person being violent appears to be vastly higher than non-trans. Hormone injections cause …

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by Josh Lanier
Business
Tesla Trade-Ins Hit Record High As Elon Musk's Politics Alienate Drivers, New Data Says Tesla Trade-Ins Hit Record High As Elon Musk's Politics Alienate Drivers, New Data Says
Tesla Trade-Ins Hit Record High As Elon Musk's Politics Alienate Drivers, New Data Says Tesla owners are trading in their vehicles at record levels as criticism mounts against the company and billionaire CEO Elon Musk, according to new data. March has marked the highest-ever share of Tesla trade-ins toward new or used purchases at dealerships for other automakers, according to car shopping website Edmunds. The site, which receives more than 20 million monthly views, said interest in Tesla's brand is dipping and consumer loyalty is weakening. Tesla's share of vehicle trade-ins from model year 2017 or later remained steady throughout 2024, starting at 0.5 percent …

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by Chris Spiker
Business
46K+ Cybertrucks Recalled As Tesla's Financial, Political Issues Escalate 46K+ Cybertrucks Recalled As Tesla's Financial, Political Issues Escalate
46K+ Cybertrucks Recalled As Tesla's Financial, Political Issues Escalate Tesla is recalling more than 45,000 of its controversial Cybertrucks after a serious safety issue was discovered with their exterior paneling, the latest in a growing list of issues for the electric automaker. Tesla has issued the recall for 46,096 Cybertrucks, the National Highway Traffic Safety Administration said. The recall impacts 2024 and 2025 models. According to the NHTSA, a stainless-steel exterior trim panel known as the cant rail may detach while driving, creating a road hazard and increasing crash risks. Tesla is offering to replace the cant rail assembly for free. The recall c…

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by Chris Spiker
News
Luxury Cars, $99K+, 8 Kilos Of Cocaine Seized In Massive NJ-PA-DE Drug Bust Luxury Cars, $99K+, 8 Kilos Of Cocaine Seized In Massive NJ-PA-DE Drug Bust
Luxury Cars, $99K+, 8 Kilos Of Cocaine Seized In Massive Nj-pa-de Drug Bust A months-long undercover operation spanning Pennsylvania and New Jersey led to the arrest of six men accused of running a major cocaine trafficking ring, Delaware County District Attorney Jack Stollsteimer announced on Tuesday, March 18. Dubbed "Operation Spark Plug," the investigation was spearheaded by the Delaware County Narcotics Task Force with assistance from the Pennsylvania State Police, Delaware State Police, the Camden County, New Jersey District Attorney’s Office, the DEA, and the FBI. Authorities seized over 8 kilograms of cocaine, nearly $100,000 in cash, multiple luxury vehicle…

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by Jillian Pikora
Business
Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say
Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say A vast majority of people in an investor survey said CEO Elon Musk's growing political influence is damaging Tesla financially, according to reports. An investor survey by Morgan Stanley said 85 percent think Musk's political activities have had a "negative" or "extremely negative" impact on Tesla's business fundamentals, CNBC reported. An analyst from the investment banking firm received answers from 245 participants, a relatively small sample with some investors who don't have Tesla stock. Shares in the electric automaker were at $247.08 when trading opened on Wednesday, Mar. 12. Tha…

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by Chris Spiker
Business
Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns
Inflation Cools Slightly In February As Tariffs, Slowing Labor Market Fuel Economic Concerns Consumer prices rose slightly less than expected in February, but President Donald Trump's escalating trade wars and a declining labor market are keeping economic uncertainty high. Inflation increased 0.2 percent in February and 2.8 percent over the past year, according to new Bureau of Labor Statistics data released on Wednesday, Mar. 12. The yearly inflation number remained well above the Federal Reserve's two-percent target. The monthly increase was smaller than January's jump of 0.5 percent. February's figures were also a little lower than Dow Jones expectations, CNBC reported. Co…

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by Chris Spiker