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Friday, jun 27
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Politics
'Very Serious Consequences': Trump Issues Warning To Elon Musk Days After Blowup
President Donald Trump has issued a new warning to Elon Musk just days after their one-year political partnership blew up in spectacular fashion. Trump said the billionaire entrepreneur had better not switch sides and financially back Democrats. "If he does, he’ll have to pay the consequences for that,” Trump said in an interview with NBC News on Saturday, June 7. "He’ll have to pay very serious consequences if he does that.” Trump didn't get into specifics. During his back-and-forth war of words with the 53-year-old Musk on Thursday, June 5, Trump floated the possibility of ca…
Business
Tesla Stock Rebounds As Trump-Musk Feud Hits New Lows
Tesla's stock is recovering after a public feud between CEO Elon Musk and President Donald Trump fueled a massive selloff. Shares for the electric vehicle giant opened about 5% higher on Friday, June 6. Tesla clawed back some of the 15% lost the day before when the feud between the two billionaires exploded online. The fallout began when Musk, 53, posted on his platform X, formerly known as Twitter, that Trump would have lost the 2024 election without Musk's financial backing. "Without me, Trump would have lost the election, Dems would control the House and the Republicans …
Business
$14B+ In Projects, 10K Jobs Scrapped As Clean Energy Faces Trump, GOP Headwinds: Study
More than $14 billion in projects and 10,000 jobs have been canceled or delayed in 2025 as President Donald Trump's massive spending bill threatens the future of clean energy development in the US. The economic toll jumped sharply when $4.5 billion in planned battery, electric, and wind projects were scrapped in April, according to the nonpartisan group E2. The analysis released on Thursday, May 29, comes as the Senate awaits a vote on the so-called "One Big Beautiful Bill Act," a tax-and-spending plan that would eliminate key clean energy incentives. The bill passed by House Republicans&nb…
News
IRS Issues Warning For These Taxpayer Scams
A new warning from the Internal Revenue Service (IRS) has taxpayers on high alert as the agency unveils its 2025 Dirty Dozen — a list of the most common and deceptive tax scams that could put financial and personal information at risk. With tax season in full swing, scammers are ramping up efforts to steal money, sensitive data, and even taxpayer identities. From fake tax credits to social media-fueled misinformation, the schemes on this year’s list serve as a reminder that fraudsters are constantly evolving their tactics. What Is the Dirty Dozen? Each year, the IRS compiles the Dirty Doze…
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