Archive for February 2025
Musk’s Ties to Trump May Hurt Tesla Future in China
Elon Musk, one of the world’s most influential business figures, has long maintained strong ties with both the United States and China. However, his close relationship with U.S. President Donald Trump may now be working against him, particularly as Tesla
Citigroup’s $81 Trillion Error Exposes Banking Oversight Issues
In a startling financial mishap, Citigroup mistakenly credited a customer’s account with $81 trillion instead of the intended $280. The error, which took place in April last year, went unnoticed for over an hour before being caught and ultimately
Elon Musk-Owned X Settles Trump Lawsuit Settlement Over January 6 Suspension
Elon Musk’s social media platform, X (formerly Twitter), has reached a Trump lawsuit settlement with former President Donald Trump regarding his deplatforming after the January 6, 2021, Capitol riot. Multiple reports citing sources familiar with the matter confirmed that
US Wholesale Prices Stay High, Indicating Inflation May Linger
Wholesale inflation in the United States remained persistently elevated last month, suggesting that higher prices could continue affecting consumers in the months ahead. The Producer Price Index (PPI), which tracks changes in prices from producers and manufacturers, increased by
Winter Storms to Bring More Snow and Ice Across the U.S.
As the Midwest and Northeast recover from consecutive winter storms, a new wave of powerful systems is brewing, ready to unleash heavy snow and freezing rain across vast stretches of the country. Forecast models indicate that multiple rounds of
Flu Season in the U.S. Reaches Its Most Intense Level in 15 Years
The winter virus season in the United States is in full swing, with flu cases surging to levels not seen in over a decade. One key indicator of flu activity—the percentage of doctor visits due to flu-like symptoms—has surpassed