Page 189 - Donald Trump

Elon Musk could lose billions depending on how spat with Trump unfolds

The world's richest man could lose billions in his fight with world's most powerful politician. The feud between Elon Musk and Donald Trump could mean Tesla's plans for self-driving cars hit a roadblock, SpaceX flies fewer missions for NASA, Starlink gets fewer overseas satellite contracts and the social media platform X loses advertisers. Maybe, that is. It all depends on Trump's appetite for revenge and how the dispute unfolds. Joked Telemetry Insight auto analyst Sam Abuelsamid, Since Trump has no history of retaliating against perceived adversaries, he'll probably just let this pass. Turning serious, he sees trouble ahead for Musk. For someone that rants so much about government pork, all of Elon's businesses are extremely dependent on government largesse, which makes him vulnerable. Trump and the federal government also stand to lose from a long-running dispute, but not as much as Musk. Tesla robotaxis: The dispute comes just a week before a planned test of Tesla's driverle

US, Chinese officials to hold new round of trade talks in London next week

Senior US administration officials will meet with a Chinese delegation on Monday in London for the next round of trade negotiations between Washington and Beijing, President Donald Trump said Friday. The meeting comes after a phone call between Trump and Chinese leader Xi Jinping on Thursday, which the US president described as a very positive conversation as the two countries attempt to break an impasse over tariffs and global supplies of rare earth minerals. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer will represent the US side in the trade talks. The meeting should go very well, Trump wrote on his social media platform Friday afternoon.

King Trump vs the bond market: Tax cuts, growth claims face tough tests

International investors have long had a seemingly insatiable appetite for US Treasuries, widely regarded as the ultimate safe haven

Students unsure, experts wary of Trump's Harvard ban despite court stay

Uncertainty clouds US fall intake as Trump's visa ban on Harvard raises fears of wider policy shifts, pushing Indian students to explore alternative destinations

Trump-Musk fallout: White House steps in, arranges call for possible truce

Former DOGE chief Elon Musk and US President Donald Trump had exchanged barbs with each other after Musk criticised Trump's 'Big Beautiful Bill' in a recent interview

Not sure if good relationship with Elon Musk will continue: Donald Trump

US President Trump says he's disappointed with Musk over opposition to tax bill and EV cuts, as public rift between the two widens

Jerome Powell too slow to lower borrowing costs: Trump on US Fed rate cut

The Fed last September did reduce rates by a half of a percentage point, after a faster-than-expected decline in inflation and a marked slowdown in the labor market

Trump not interested in talking to Musk as they feud over tax-cut bill

Trump, for his part, suggested he would terminate government contracts with Musk's businesses, which include rocket company SpaceX and its satellite unit Starlink

More ex-federal workers in US face job hunt as grants & contracts vanish

The drastic, sudden pullback in federal dollars is collapsing opportunities for many who've spent years in public service

US adds 139,000 jobs in May despite trade war, growing recession fear

Trump's aggressive and unpredictable policies - especially his sweeping taxes on imports - have muddied the outlook for the economy and the job market and raised fears

Musk vs Trump feud gets ugly: What’s going on? | Epstein files | US news

The feud between Elon Musk and US President Donald Trump has taken an ugly turn. It's no longer personal, it's political and financial. Watch the video to know what's really going on.

Xi's message to Trump: Rein in the hawks trying to derail the truce

A meeting with Xi Jinping, China's top leader, in Japan in 2019, during President Trump's first term. The leaders spoke by phone on Thursday after weeks of worsening tensions between two nations

Eight ways Trump and Musk could turn their feud into mutual political pain

Wield his billions against Mr. Trump, his allies and his agenda. After spending more than $250 million to help elect the president, Mr. Musk could just as easily fund campaigns against Republicans

Stock Market close highlights: Sensex up 747 pts, Nifty tops 25k as investors cheer RBI rate cut

Sensex Today | Stock Market close highlights, Friday, June 6, 2025: RBI MPC cut repo rate cut to 5.5%, more-than-expected. The announcement triggered a sharp rally in bank, auto, real estate stocks

Donald Trump says he's 'disappointed' by Elon Musk's ‘Big Bill’ criticism

US President Donald Trump expressed his “disappointment” with Elon Musk on Thursday after the tech mogul, who had previously supported him, criticised the president's key legislation.

Musk vs Trump gets wild: Tax tantrums, Epstein shockers & meme wars erupt

Elon Musk and Donald Trump's public fallout over a controversial spending bill has triggered explosive claims, political threats, and a flood of viral memes online

Trump seeks Russia's helping hand in thawing frozen US-Iran nuclear talks

Putin and Trump's telephonic conversation was an extensive one and the corresponding memorandums will be analysed in Moscow and Kyiv

Asian shares mostly rose on Friday ahead of US Jobs Report update

Asian shares were mostly higher Friday ahead of an update on the US job market that will offer insights into how the economy is faring. US futures edged higher and oil prices fell. Tokyo's Nikkei 225 index rose 0.5% to 37,730.67, while the Kospi in South Korea jumped 1.5% to 2,812.05. Hong Kong's Hang Seng lost 0.4% to 23,817.10 and the Shanghai Composite index edged 0.1% higher, to 3,385.91. Australia's S&P/ASX 200 was nearly unchanged at 8,536.40. India's Sensex gained 0.6%. On Thursday, the S&P 500 fell 0.5% to 5,939.30 for its first drop in four days. After sprinting through May and rallying within a couple good days' worth of gains of its all-time high, the index at the center of many 401(k) accounts has lost momentum. The Dow Jones Industrial Average dropped 0.3% to 42,319.74, and the Nasdaq composite sank 0.8% to 19,298.45. The US Labor Department is due to report how many more jobs US employers created than destroyed during May. The expectation on Wall Street is for a

Jabs fly as Musk and Trump step into the ring, here's how the feud unfolded

The feud between Elon Musk and Donald Trump began with the former criticising 'Big Beautiful Bill' in a recent interview

NATO on cusp of accepting Trump's 5% defence investment demand, says Rutte

Most U.S. allies at NATO endorse President Donald Trump's demand that they invest 5% of gross domestic product on their defense needs and are ready to ramp up security spending even more, NATO Secretary-General Mark Rutte said Thursday. There's broad support, Rutte told reporters after chairing a meeting of NATO defense ministers at the alliance's Brussels headquarters. We are really close, he said, and added that he has total confidence that we will get there by the next NATO summit in three weeks. European allies and Canada have already been investing heavily in their armed forces, as well as on weapons and ammunition, since Russia launched a full-scale invasion of Ukraine in 2022. At the same time, some have balked at U.S. demands to invest 5% of GDP on defense 3.5% on core military spending and 1.5% on the roads, bridges, airfields and sea ports needed to deploy armies more quickly. Still struggling to meet the old goal: In 2023, as Russia's full-scale war on Ukraine entered i