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WASHINGTON — Vice President JD Vance acknowledged Friday that Elon Musk has made “mistakes” while executing mass firings of federal employees and emphasized that he believes there are “a lot of good people who work in the government.”“Elon himself has said that sometimes you do something, you make a mistake, and then you undo the mistake. I’m accepting of mistakes,” Vance said in an interview with NBC News. “I also think you have to quickly correct those mistakes. But I’m also very aware of the fact that there are a lot of good people who work in the government — a…
CHRISTCHURCH: Pakistan will have another go at testing their emerging resources when they take on New Zealand in the five-match Twenty20 International series, which starts at the Hagley Oval on Sunday. Following their group-stage ouster from the recently concluded ICC Champions Trophy, Pakistan decided to pick a host of youngsters for the series and gave Salman Ali Agha the charge to lead in place of regular captain Mohammad Rizwan. In a press conference before the team headed to New Zealand, Salman said Pakistan would look to play a modern brand of cricket which would feature the intent to attack from…
Patty_c | E+ | Getty ImagesWhile having some cash on hand can be helpful in an emergency, it’s important to consider where you keep it. Some people stash it in inconspicuous places around the house, a habit that experts say can lead to trouble down the line.The typical person has roughly $544 in cash and valuables like coins, banknotes, and bullion at home, according to a new survey from financial management app Piere. The site surveyed 1,500 U.S. adults in late January and early February.Asked where they keep their cash at home, about 10% of respondents store it in a…
New York CNN — It started with tariffs, but the trade war is quickly escalating beyond import taxes into a broader tit-for-tat battle. President Donald Trump’s 25% tariffs on Canada offended leaders there to the point that Ontario fired back by yanking American booze from store shelves. Ontario Premier Doug Ford even threatened to slap a surcharge on or even pull the plug on electricity sent to three US states, raising the specter of power bill spikes or even blackouts. That angered Trump so much that he briefly vowed to hit all US imports of Canadian steel and aluminum with…
NEW YORK, NEW YORK – JUNE 14: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] June 14, 2023 in New York City. Markets have fallen on growth concerns, but will we see a recession? (Photo by Spencer Platt/Getty Images)Getty Images Fears of slower growth have spiked as the stock market has fallen in recent weeks. However, recent reported economic data has shown growth and a healthy jobs market. It remains to be seen whether the fears of consumers and businesses are realized in recession, or if predictions of decline are overdone. Recent Economic…
Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla.Shares in the once-trillion-dollar company saw their worst day in five years this week. Year to date, Tesla’s stock has plunged 36% — though it is still up by some 54% over the past 12 months.For Musk, Tesla’s shares remain his primary source of paper wealth, though he has also turned his stake in SpaceX into a personal lending tool. But it was proceeds from selling Tesla shares that helped Musk complete his acquisition of Twitter, now known as X.Musk’s wealth also allowed…
In recent days, the Trump administration has announced two high-profile and controversial policy changes it says are meant to combat waste and fraud in Social Security. First, the agency said it would resume garnishing entire benefit checks from Americans who receive overpayments, undoing a reform that had capped clawbacks at a smaller amount. Social Security officials claim the change will help the government recover an additional $7 billion over 10 years. Later, the agency announced that enrollees would no longer be allowed to change their direct deposit information over the phone but would instead be required to use an online…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. An analytics firm has explained how the data related to the stablecoins could hint at whether the Bitcoin market top is in or not. Stablecoins Have Seen Their Market Cap Touch New Highs Recently In a new post on…
Mixue’s mascot, the Snow King, took the stage at the bubble tea chain’s IPO ceremony at the Hong Kong stock exchange on March 3, 2025.Shanshan Kao/ Forbes Asia Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43.2% in its highly anticipated Hong Kong stock market debut on Monday, boasting a market cap of $14.1 billion. The company, best known for selling freshly-made drinks for about $1, ended its first trading day at HK$290, up from its IPO price of HK$202.5 apiece. The company raised HK$3.45 billion ($444 million) from the…
Washington CNN — The Trump bump in consumer sentiment is now a Trump slump. Americans continue to grow worried over President Donald Trump’s escalating and haphazard trade war, according to the University of Michigan’s latest consumer survey released Friday. Consumer sentiment fell 11% this month to a reading of 57.9, a preliminary reading showed, down from last month’s reading of 64.7 and reaching its lowest level since November 2022. That’s a sharp retreat from December, after the US presidential election, when sentiment rose to its highest level in months. The Trump administration’s rollout of its long-promised tariffs has been both…