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Thursday, March 20, 2025

Financial Times points a concern in Tesla's financial filings: "Compare Tesla's capital expenditure in the last six months of 2024 to its valuation of the assets that money was spent on, and $1.4bn appears to have gone astray." read more


A Minnesota state lawmaker who is accused of trying to buy sex from an underage girl resigned from the state senate on Thursday before his colleagues were set to vote to expel him. read more


Commerce Secretary Howard Lutnick has a message for people looking to combat attacks on Elon Musk's Tesla dealerships: Buy Tesla stock. read more


Federal Reserve Chairman Jerome Powell warned Wednesday that President Donald Trump's tariffs and the "turmoil" surrounding his administration are expected to cause inflation to rise this year. An increase in unemployment figures is also expected, he told reporters Wednesday after a two-day meeting of the Federal Open Market Committee, in addition to "somewhat elevated" inflation moving the previously anticipated 2.5% estimate to 2.8% by year's end. "A good part of it is coming from tariffs," Powell explained.


Wednesday, March 19, 2025

In Russia, where Trump's moves are a widespread cause for optimism, Putin's call was seen as a way to repay the American leader by giving him some "pleasure," without any concrete concessions that would lead to peace in the region. read more


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