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Good morning. Ten major firms are under the spotlight as the Trump administration continues its consulting crackdown. BI has pored over the DOGE receipts and found one firm has taken the most heat so far: Deloitte.In today’s big story, it’s the morning after Trump’s “Liberation Day” — and some countries…
Global markets tumbled Wednesday after President Donald Trump unveiled his long-anticipated tariffs in an address at the White House Rose Garden, sending shockwaves through stock indexes and hammering shares of companies reliant on global supply chains.US stock futures, which indicate the direction of the market once regular trading commences on…
America’s overall Tesla favorability hit a low as liberals’ and moderates’ scores tanked, a survey found.But the brand’s sentiment among conservative Americans has risen, YouGov found.Tesla’s stock price and sales in several countries have fallen in recent months.The American public’s favorability of Tesla has fallen to a nine-year low, a…
There was no penny-pinching for some Costco holiday shoppers.Costco’s CFO says its 98- and 100-inch TVs sold “very well” at the holidays.The massive TVs got a lot of attention on TikTok and mark one example of how the wholesale club appeals to richer members.Costco shoppers are going big and going…
Apple faces challenges from President Donald Trump’s tariffs on Chinese goods.A US 20% tariff on goods from China threatens Apple’s vast supply chain in the country.The iPhone maker is likely weighing its options to avoid cost impact, analysts said.Apple managed to avoid some tariffs on goods from China during President…
Some Republicans are beginning to speak up against DOGE-led cuts to federal jobs.It tends to happen when those cuts impact their home states.They’ve made sure to emphasize their support for government efficiency as they’ve spoken out.As the Department of Government Efficiency continues to make swift cuts to the federal workforce…
Hangout, a new social music platform, launched in November.The platform now has over 1.1 million users, who are able to stream over 100 million songs.In August, the company closed its $8.2 million seed investment. Here’s the pitch deck it used.Joseph Perla thinks the way we listen to music is due…
Dexter Zhuang achieved Coast FIRE by increasing income and reducing expenses.Moving to countries with a lower cost of living increased his savings rate.He believes that anyone can use a form of ‘geo-arbitrage’ to keep more of their income.Dexter Zhuang achieved what’s known as “Coast FIRE” — an offshoot of the…
