Tesla shares dropped to a record low on Monday. As Tesla’s stock reached a new low Monday, investors revisited what Donald Trump‘s commerce secretary Howard Lutnick commented about Tesla stock a month ago. Last month, Tesla stock plummeted owing to the global protest against Elon Musk because of his influence in the Trump administration. Thousands […]
Netanyahu became the first leader to meet Trump in the White House to negotiate tariffs. The White House Monday cancelled a scheduled press conference of Donald Trump and Israeli Prime Minister Benjamin Netanyahu amid a major backlash over tariffs as the markets kept on bleeding for the third day in response to Trump’s Liberation Day […]
Ackman now says he was wrong to blame Howard Lutnick for the tariffs. Donald Trump-backer hedge fund manager Bill Ackman said Monday it was unfair of him to lash out at Donald Trump’s commerce secretary Howard Lutnick. The comment came after Ackman created a meltdown almost equal to the market meltdown — criticizing the Trump […]
Markets turned green riding on rumors that Trump would consider a 90-day pause on tariffs. Stock markets turned green for a brief moment Monday morning after reports claimed that President Donald Trump is not ruling out a pause on the tariffs. To be more specific, it was reported that a 90-day pause is what the […]
US President Donald Trump The White House on Monday strongly denied that US President Donald Trump is considering pausing new tariffs for 90 days and termed it “fake news.”White House press secretary Karoline Leavitt called Trump’s consideration of pausing new tariffs “fake news,” CNBC reported.Even the video posted by Rapid Response 47, showing CNBC report […]
The “Wall Street mayhem” also led to a “Trump meltdown” on Monday after the US President justified “the tough days ahead” by reiterating his belief in the shock therapy through back-to-back social media posts.At 6:49 am on Monday, Trump took to his Truth Social and declared that there is “no inflation” in the US, despite […]
US President Donald Trump US President Donald Trump on Monday said that America could have done something decades ago, referring to his tariff reforms, and asked people not to be weak and stupid. These remarks came just a few minutes before the New York stock market crashed, where the S&P 500 opened 3.2% lower.“The United […]
Howard Lutnick clarified why penguin islands have been taxed. Donald Trump‘s commerce secretary Howard Lutnick clarified that a 10% baseline tax on the Heard and McDonald islands — which are literally inhabited by only penguins — was not a mistake and not an AI thing. As Lutnick appeared on CBS’ Face the Nation, host Margater […]
Billionaire hedge fund manager Bill Ackman is pleading with President Trump to hit the brakes on sweeping new tariffs, warning that the global economy is teetering on the edge of a “self-induced economic nuclear winter.”In a lengthy post on X Sunday night, Ackman—once a vocal Trump backer—urged the president to call a temporary timeout.“The President […]
German minister says Elon Musk’s opposition to Trump’s tariffs a sign of weakness and fear. Germany’s economy minister Robert Habeck reacted to Elon Musk’s zero tariff statement and said he should first go to his president and talk about zero tariff first. “If he has something to say, he should go to his president and […]
