May 6, 2025

Musk

Funds

DOGE cuts millions in funds for HIV research at Florida universities

Those working to end the HIV epidemic say this cut in funding will have a ‘devastating impact.’ Protesters against planned National Institutes of Health funding cuts The Trump administration’s push to slash funding at the National Institutes of Health has been temporarily blocked by a federal judge. About $42 million of the terminated grants were

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Loans

FSA to require DOGE approval for larger loans

Ryan Hanrahan  |  Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will

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Investors

Cooling trade tensions bring investors back as Wall Street surges

Benzinga  |  Detroit Free Press Trump suggests China tariffs will ‘come down substantially’ President Donald Trump suggested the China tariffs will “come down substantially.” Reports suggested China is considering suspending its 125% tariff on select U.S. imports, following indications that Washington may cut tariffs on Chinese goods. The S&P 500 has now recouped nearly 80%

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Investors

Musk’s shift back to Tesla sparks relief, but fallout haunts brand

Akash Sriram and Abhirup Roy  |  Reuters Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his

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Investors

Tesla stock investors got good news from Musk, but Q1 was a disaster

Trevor Jennewine  |  The Motley Fool Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla (NASDAQ: TSLA) stock has declined 41% year to date, making

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Investors

Tesla investors eagerly await updates on cheaper car, robotaxi plans

Akash Sriram  |  Reuters Elon Musk pauses Tesla orders in China amid trade war Tesla has paused new orders for its Model S and Model X vehicles in China, following the US decision to impose 145% tariffs on Chinese imports. The move signals early fallout from President Trump’s escalating trade war. unbranded – Newsworthy Tesla TSLA.O investors

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Funds

Spartanburg’s Project R.E.S.T. scales back after Crime Victim Fund cut

Victims of domestic abuse often “aren’t sure how to leave, are scared to leave,” according to Krystal Watson, president and chief executive officer of Project R.E.S.T. “That’s why we exist.” Project R.E.S.T. – which stands for Restore, Empower, Support and Transform – is a shelter and a network of support for victims of sexual violence.

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Funds

New York City Pension Funds Plan to Sue Tesla Over Musk’s DOGE Leadership

The head of New York City’s pension funds called for a shareholder lawsuit against Tesla, accusing Elon Musk, its chief executive, of causing the company’s shares to plunge because of his actions to slash spending and the federal work force as head of the Trump administration’s cost-cutting effort. In a letter sent late Monday to

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Crypto

Book Review: ‘The Mysterious Mr. Nakamoto,’ by Benjamin Wallace

THE MYSTERIOUS MR. NAKAMOTO: A Fifteen-Year Quest to Unmask the Secret Genius Behind Crypto, by Benjamin Wallace A few years ago, I met up for coffee in Miami Beach with a person named Keith Rabois. Along with Peter Thiel and Elon Musk, Rabois is a member of the so-called PayPal Mafia — the group that

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Funds

Brevard County food aid programs losing food relief

Brevard groups dedicated to ensuring the county’s most vulnerable residents have food are witnessing a surge in need — just as they are starting to feel the harsh effects of federal government budget cuts. Twenty-eight tractor trailer trucks traveling with food to local Florida communities have been halted, without notice. “The hits keep coming. This

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