President Donald Trump’s federal funding pause threatens more than $1 trillion that flows to states, cities and other local governments.
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s Twitter buyout.
A cheaper, competitive AI model from Chinese artificial intelligence company DeepSeek sparked a sell-off in the S&P 500 and Nasdaq Composite Monday.
Elon Musk has reportedly stated he plans to pass on the shares of his companies, not to his family, but to those interested in running the companies.