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Elon Musk’s xAI Hires Trump Aide Stephen Miller’s Wife Katie Amid Controversial Memphis Data Center Permit Win
Elon Musk’s artificial intelligence startup xAI has hired Katie Miller, wife of President Donald Trump’s Deputy Chief of Staff Stephen Miller, as a communications manager just as the company secured a controversial permit for its Memphis data center operations. read more
Trump’s Tax Bill Could Be A Boost For Tesla-Rivals Rivian, Lucid Amid EV Slowdown, Says BNP Paribas
BNP Paribas says RIVN and LCID could benefit from Trump’s tax bill as legacy automakers may slow down EV production, giving more market share. read more
Trump’s Decision To End Tax-Free Loophole For Low-Value Goods From China Leads To A Sharp Decline In Air Cargo Shipments
The U.S. ended the tax-free exemption for low-value goods from China in early May, leading to a decline in air cargo shipments. read more
Paramount Plus Slashes Prices To $0.99 Per Month For Premium Plan: Get Showtime, NFL Games, Offline Access For Less Than $2
Paramount is offering its Premium Paramount Plus streaming plan — including Showtime, NFL games, and ad-free offline viewing for $0.99/month. read more
Ross Gerber, Gary Black Weigh In On Tesla Cybertruck’s Poor Sales: ‘A Very Sad Result’
Veteran investors weigh in on Tesla’s Cybertruck poor sales, highlighting the need for a smaller, more traditional pickup truck. read more
Trump’s ‘Big, Beautiful Bill’ Hands $5 Billion Win To Big Pharma: Report
Trump’s $3.3 trillion domestic agenda bill, passed by the House on Thursday, includes a significant victory for pharmaceutical companies . read more
Ray Dalio Warns US Debt Per Family Will Rise 85% To $425,000 Over Next 10 Years As House Passes Trump’s ‘Big Beautiful Bill’
Ray Dalio has sounded the alarm on the U.S. fiscal trajectory following Congress’s passage of the One Big Beautiful Bill Act. read more