Elon Musk ramped up his fight against President Donald Trump’s Big Beautiful Bill on Monday, vowing to form a new political party if it passes Congress. “If this insane spending bill passes, the America Party will be formed the next day,” Musk said in a post on X. “Our country needs an alternative to the…
Finals Fashion: Thunder players walk through tunnel ahead of Game 5 of NBA Finals The Oklahoma City Thunder and the Indiana Pacers returned to the Paycom Center on Monday for Game 5 of the NBA Finals. SHE IS WORKING IT. I WILL ALSO TELL YOU SPEAKING OF OF FASHION AND GLAMOR, WE ARE SEEING MORE…
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This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Daring, wild, and over-the-top designs are key to Met Gala fashion. Stars like Jared Leto, Rihanna, and Kim Kardashian are known for fully embracing the theme. In 2023, Leto arrived at the Met in…
Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump’s trade war and his criticism of the Federal Reserve, which are shaking the traditional order.The S&P 500 sank 2.4% in another wipeout. That yanked the index that’s at the center of many 401(k) accounts 16% below its…
The S&P 500 and Nasdaq 100 both flashed the dreaded “death cross” formation on Monday. The technical sell signal occurs when an index’s 200-day moving average rises above its 50-day moving average. It can signal a reversal in a prior trend — in this case, the two-year bull market in stocks. The development comes on…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Rep. Marjorie Taylor Greene is one of the more frequent stock traders in Congress. Just before Trump’s tariff pause sent markets soaring, she bought thousands of dollars in stock. Democrats have speculated that some…
Donald Trump’s tariff onslaught appears to have finally driven a wedge between him and Elon Musk. The world’s richest person has been one of Trump’s biggest cheerleaders — but when it comes to the tariffs that have shaken global markets, Musk has made it clear he’s not a fan. The Tesla CEO spent the weekend…
Elon Musk‘s wealth dropped below $300 billion on Monday for the first time since last year, as the impacts of recent Tesla backlash and sweeping new tariffs collided. The richest man in the world was worth $298 billion as of market close Monday, according to the Bloomberg Billionaires Index. Since the beginning of the year,…
Things could be turning around for the mega-cap Magnificent Seven stocks, and a reversal of their recent downtrend bodes well for US stocks as a whole. The group of high-flying tech names — Meta, Microsoft, Nvidia, Apple, Alphabet, Amazon, and Tesla — has had a brutal start to the year, with Meta the only member…