WASHINGTON (AP) — The House is voting on a trio of bills Thursday intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins,
Musk reshapes Grok AI after backlash over antisemitic responses Elon Musk faces backlash after Grok AI made antisemitic remarks. Critics say Musk’s tweaks to the model steer it from fact-based responses. Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the artificial
Elon Musk is diving headfirst back into politics, and Tesla investors are not happy about it. The electric carmaker’s stock fell more than 7% on Monday as investors digested Musk’s renewed feud with President Donald Trump and his announcement that he would set up a new political party. After polling users on his social media
00:00 Josh Lipton Hello and welcome to Ask Your For a Trend. I’m Josh Lipton and for the next half hour, we are breaking down the trends of today that will move stocks tomorrow. There’s a lot to keep track of, so we’re focusing on what you need to know to get ahead of the
The feud between Elon Musk and Donald Trump seems to have gone from a full boil to a simmer over the weekend, but don’t rule out the possibility of the heat getting turned up again. In a conversation with NBC News, Trump said he has no interest in making nice with Musk right now, but
Other news we’re following: Merz says he found Trump open to dialogue and committed to NATO: German Chancellor Friedrich Merz said Friday, a day after meeting with Trump at the White House, that he encountered a US administration open to discussion and returned confident that Washington remains committed to NATO. Judge puts temporary hold on Trump’s latest
‘See you in the woodchipper,’ ex-USAID staffers tell Musk — 2:00 p.m. By the Associated Press A social media account run by recently terminated staffers of the US aid agency that Elon Musk helped destroy had parting words for Musk Friday after his public falling-out with President Donald Trump. “We’ll see you in the woodchipper,”
Illustration: Uli Knörzer for Bloomberg Three years into Russia’s invasion, Sergii Marchenko is courting donors and reassuring investors to ensure his country can continue fighting. June 6, 2025 at 4:00 AM EDT What does it take to run the finances of a country at war? That question is at the heart of this week’s conversation
WASHINGTON (AP) — President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package. The response so far from financial markets has been skeptical as Trump seems unable to trim deficits as promised. “All
Tesla is reeling from a huge slump in sales amid a political backlash against founder Elon Musk – Frederic J Brown/Getty Images Tesla’s finance chief was paid a record $139m (£104m) last year despite collapsing sales at the electric carmaker. Vaibhav Taneja, who has worked at Tesla since 2017 and took over as chief financial