Author: Daniel snow
Also: Rules for investors as the S&P 500 claws its way back, how to manage bond-market risk and advice from the Moneyist. Source link
United Airlines and Spotify.Eduardo Munoz | Reuters | Dilara Irem Sancar | Anadolu | Getty ImagesUnited Airlines passengers will be able to listen to curated Spotify playlists, audiobooks and video podcasts directly from their seatback screens, starting this week.This is a first for Spotify, which has never offered its video and audiobook features on an airplane platform, United said in a press release.”Spotify has a huge audience and people love their content. And now our customers can enjoy it all in a simple and easy way, at 35,000 feet,” said Richard Nunn, CEO of MileagePlus, in the press release. “Together, we’re…
‘The girls are fighting,’ quipped one legislator about the feud. But the potential consequences for Musk and his companies are no joke. Source link
A Tesla vehicle is parked on West Executive Avenue near the White House and the Eisenhower Executive Office building in Washington, D.C., U.S., June 5, 2025.Jeff Mason | ReutersPresident Donald Trump is the latest Tesla owner to think about getting rid of his car after souring on Elon Musk.Trump is considering selling, or even giving away, the Tesla he bought in March, a senior White House official told NBC News, a day after the president’s alliance with Musk dramatically ruptured.Trump purchased the electric vehicle to show support for Tesla, whose CEO Musk had come under fire from some customers and…
Small-cap stocks were supposed to benefit from deglobalization and other Trump policies. Source link
Readers discuss the public feud between the president and his onetime ally. Also: China’s boom and America’s promise. Source link
President Donald Trump on Friday pressed Federal Reserve Chair Jerome Powell for a full-point interest-rate cut, saying the central bank’s monetary policy was a “disaster.” Source link
President Donald Trump’s push to dramatically increase nuclear power in the U.S. will require a tremendous amount of fuel, but the country remains heavily dependent on foreign state-owned companies for its supplies, the CEO of the only publicly traded uranium enricher in the world told CNBC.”There’s barely enough Western enrichment, if at all, to satisfy existing operating plants,” Centrus Energy CEO Amir Vexler said in an interview. “If the nuclear industry is to add all this generation capacity, there will have to be a tremendous amount of enrichment capacity that’s added.”Trump issued a series of executive orders on nuclear power…
Musk companies including Tesla and SpaceX have billions on the line. Source link
The stock market runs on jobs. For now, at least. Wall Street is bouncing back Friday, following a reversal lower in Thursday’s session sparked in large part by the blow-up between President Trump and Elon Musk. That feud sent Tesla shares tumbling, dragging the S & P 500 down with it. The index is gaining all those losses back and then some Friday. Driving Friday’s advance is a welcome update on nonfarm payrolls, with the Bureau of Labor Statistics reporting that the U.S. economy added 139,000 in May, the unemployment rate remained at 4.2%, and hourly wages were up 3.9%…