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Dec 09 2024POLITICS

Meet the Billionaires: Musk and Ramaswamy's Plan to Shrink Government

On Thursday, two big-name business leaders, Elon Musk and Vivek Ramaswamy, met with Republican lawmakers. They're part of a new commission aimed at making the federal government leaner. The day started with Ramaswamy chatting with Senate Republicans about his ideas. He even suggested that some gover

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Dec 09 2024POLITICS

Trump Calls on China to End Ukraine War

Former U. S. President Donald Trump has urged China to help stop the war in Ukraine. He made this call just a day after meeting with Ukrainian President Volodymyr Zelenskyy in Paris. Trump suggested an immediate ceasefire and negotiations, arguing that too many lives are being lost. He believes that

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Dec 08 2024POLITICS

Trump's Campaign Pledges: Changing Tune on TV

In his first network TV interview since winning the election, President-elect Donald Trump sat down with NBC News' Kristen Welker. He discussed various topics, including his plans for Dreamers, abortion medication, and the Fed Chair. Trump's measured tone didn't last long. He quickly shifted to sugg

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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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