Tesla’s stock is climbing as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion. Shares of the electric vehicle maker rose 3.6% Monday. Musk purchased various amounts of shares at different prices on Friday, according to a regulatory filing. The move may be viewed by the markets as…… MORE
MADRID (AP) — A framework deal has been reached between China and the U.S. for the ownership of TikTok. U.S. Treasury Secretary Scott Bessent said Monday after trade talks in Madrid that U.S. President Donald Trump and Chinese Premier Xi Jinping would speak Friday to possibly finalize the deal. Bessent says the objective was to…… MORE
Nearly 200 shipping companies said Monday they want the world’s largest maritime nations to adopt regulations that include the first-ever global fee on greenhouse gases to reduce their sector’s emissions. The Getting to Zero Coalition, an alliance of companies, governments and intergovernmental organizations, is asking member states of the International Maritime Organization to support adopting…… MORE
WASHINGTON (AP) — The Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut interest rates. Investors expect the Fed to reduce its benchmark interest rate by a quarter point, to about 4.1%. But it’s not even clear which Fed officials will be making the decision.…… MORE
President Donald Trump’s administration has renewed its request to fire Lisa Cook from the Federal Reserve’s board of governors. The administration filed a response to a federal appeals court on Sunday, arguing against Cook’s legal reasons for staying on the job. This move comes ahead of the central bank’s vote on interest rates. Cook, the…… MORE
President Donald Trump wants to do away with the quarterly earnings report. In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period. The SEC has required publicly traded companies to report on a quarterly basis since…… MORE
TAIPEI, Taiwan (AP) — China has launched two probes targeting the U.S. semiconductor sector ahead of trade talks in Spain. China’s Ministry of Commerce on Saturday announced an anti-dumping investigation into certain analog IC chips imported from the U.S. The ministry also has announced an anti-discrimination probe into U.S. measures against China’s chip sector. The…… MORE
(WBAP/KLIF) – MCKINNEY, TX – House Bill 42-11 will ban residential property developments from creating what state leaders call Sharia compounds. Supporters have stated that the new law prevents communities from being governed by religious rules, including restricting what products can be sold in stores. However Muslim leaders and developers argue that projects like Epic…… MORE
BASKING RIDGE, N.J. (AP) — President Donald Trump says he believes the Russian-Ukraine war would end if all NATO countries stopped buying oil from Russia and placed tariffs on China of 50% to 100% for its purchases of Russian petroleum. Trump posted on his social media site Saturday that NATO’S commitment to winning the war…… MORE
DEIR AL-BALAH, Gaza Strip (AP) — Israel has intensified airstrikes in Gaza City, killing at least 32 people, including 12 children, according to medical staff. The strikes are part of an offensive to take over the city, which Israel claims is Hamas’ last stronghold. Despite urging residents to evacuate, hundreds of thousands remain, facing famine…… MORE
