TRUMP

Dec 08 2024POLITICS

Bezos Backs Trump’s Plan to Cut Red Tape

Billionaire Jeff Bezos, the founder of Amazon, has shown support for President-elect Donald Trump's goal to reduce regulations. During an interview at The New York Times' DealBook Summit, Bezos expressed optimism about Trump’s upcoming term, especially his plans to cut back on regulations. Bezos bel

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Dec 08 2024POLITICS

NATO Boss Pushes Europe to Boost Defense Spending as US Shifts

NATO's top boss, Mark Rutte, has been urging European countries to step up their defense spending. This comes as Donald Trump is set to return to the White House. Trump had previously criticized NATO allies for not spending enough on defense, which hurt trust among the allies. Back in 2014, after R

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Dec 08 2024FINANCE

Why Tesla Stock is a Hot Pick Despite Overvalued EVs

Imagine a world where your car can drive itself, and you’re not just buying it for the ride. That's the future many investors see for Tesla, even if its electric vehicle (EV) business isn't exactly a smooth drive. Analysts at Stifel just bumped up their price target for Tesla by a whopping 43%, hit

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Dec 08 2024FINANCE

Tesla's Trump Boost: Why Analysts See a Bright Future

You might be surprised to hear that Tesla's future is looking sunny, especially after Elon Musk's support for Donald Trump. Analysts at Roth MKM are really optimistic about Tesla's prospects. They've even upgraded their rating for Tesla shares to a "buy", and they think the stock could reach $380. T

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Dec 08 2024POLITICS

Who Might Replace Hegseth as Trump's Defense Chief?

President-elect Donald Trump is hurriedly choosing his Cabinet. Many of his picks have Republican backing, but not all. Matt Gaetz withdrew his nomination for Attorney General due to lack of support. Pete Hegseth's name was floated for Secretary of Defense, but his personal conduct raised doubts. He

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Dec 08 2024POLITICS

President Biden Pardons Son Hunter: A Complex Family Story

In a surprising turn of events, President Joe Biden has granted a sweeping pardon to his son, Hunter Biden, for any federal crimes he may have committed over the past ten years. This decision was announced just as Hunter was awaiting sentencing. The president cited selective prosecution due to Hunte

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Dec 07 2024POLITICS

Elon Musk's Big Trump Bet: A Quarter-Billion Dollar Gamble

Elon Musk, the billionaire behind Tesla and SpaceX, put more than $260 million into Donald Trump's presidential campaign. This makes him one of the biggest political donors in recent history. Musk started a super PAC, America PAC, and gave it $238 million. He also backed other groups that supported

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Dec 07 2024CRYPTO

Bitcoin's Wild Price Ride This Week

Bitcoin kicked off the week pretty well, reaching almost $100, 000 on Wednesday. But things took a downward turn on Thursday when the price slipped below $93, 000. Just when everyone thought the drop was it, Bitcoin bounced back, soaring past $100, 000 by Friday afternoon. It ended up stabilizing ar

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Dec 06 2024POLITICS

Why Did Two Columnists Quit?

In a surprising move, two columnists have left the Los Angeles Times. They weren't happy with the paper's owner, Patrick Soon-Shiong. They think he's too cozy with President-elect Donald Trump. Harry Litman, who wrote for the LA Times for over 15 years, announced his resignation in a newsletter. He

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Dec 06 2024OPINION

Republicans Face Off: Trump’s Picks vs. D. C. 's Old Guard

The recent election results were clear: people wanted change. Yet, some Republican senators aren’t on board. They’re blocking President Trump’s cabinet picks, that would bring in a new and needed watchdog mentality. Matt Gaetz for attorney general and Pete Hegseth for defense secretary were solid ch

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