Tesla sales slump in five European markets in January

Tesla TSLA.O posted lower sales across five European countries in January, including the United Kingdom and France, as competitors with newer models gained on the electric vehicle maker and polls show public opinion souring on CEO Elon Musk. Musk has made a high-profile foray into politics, with much of his 2024 dominated by his financial support of Donald Trump,…

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Canada, Mexico tariffs paused; China hits back with tariffs of its own

On Tuesday’s episode of The Excerpt podcast: Expected tariffs on Canada and Mexico have been paused, while new tariffs on China go ahead. China has responded with its own tariffs. USA TODAY White House Correspondent Joey Garrison takes a look at the future of foreign aid after President Donald Trump moves to shut down the U.S. Agency for International Development. President Donald…

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Ditching the penny could save taxpayers billions

Producing pennies cost taxpayers more than it’s worth, with each penny costing 3.7 cents to make in 2024. The rising cost of metals like zinc and copper contributed to the increased production cost. Other countries, such as Canada and Australia, have successfully eliminated their lowest denomination coins. The newly established Department of Government Efficiency (DOGE)…

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