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Business & Economy

5 Takeaways from Tesla Earnings as Musk Ramps Up Spending and Robots

and on April 23, 2026

Tesla reclaimed the top global EV sales spot from BYD in Q1 — but with Model S and X production ending in May and billions flowing toward robots and robotaxis, the company Musk is building looks nothing like the one investors knew a year ago.

Elon Musk Says Tesla’s Optimus Robot Could Be Its ‘Biggest Product Ever’

and on April 22, 2026

Tesla is converting its Fremont factory — where the Model S and X are built — into a humanoid robot assembly line, with Optimus 3 production targeted to begin as early as late July.

Tesla Plans to Expand Robotaxi to ‘Dozen or So’ States

and on April 22, 2026

Elon Musk told Q1 earnings investors that robotaxi revenue won’t be material in 2026 — but could become significant in 2027, even as the service quietly expanded to Dallas and Houston this week.

Spirit Airlines Could Get $500M Bailout as Talks Intensify

, and on April 22, 2026

With jet fuel prices now double Spirit’s financial projections and the Transportation Secretary openly questioning whether a rescue would ‘put good money after bad,’ the fate of America’s biggest budget carrier — and its rock-bottom fares — hangs in the balance.

Tesla Q1 Earnings Preview: 5 Things to Watch as BYD Rivalry Heats Up

and on April 22, 2026

With Tesla’s Model S and Model X quietly discontinued and Cybercab mass production supposedly starting this month, this quarter’s earnings call may reveal whether Elon Musk is steering a car company or a robotics empire.

Apple Became a $4 Trillion Company under Tim Cook. What Happens Now?

, and on April 21, 2026

Tim Cook’s handpicked successor will take the CEO chair September 1 — and his first major test is catching up in an AI race where Apple has fallen visibly behind its rivals.

The Winners (and Losers) in Trump’s ‘Big Beautiful’ Tax Bill

, and on April 21, 2026

A nonpartisan CBO analysis finds the bill would cut taxes by about $2,800 on average in 2026 — but Americans earning under $50,000 could lose up to $1,000, while the top 1% capture nearly a quarter of all cuts.

Tim Cook Is Stepping Down as Apple CEO, Company Announces

and on April 20, 2026

After 14 years at the helm of the world’s most valuable company, Cook isn’t fully walking away — he’s moving to executive chairman while hardware chief John Ternus takes the CEO role in September.

The Penny Is Already Dead. Could the Nickel Be Next to Go?

, , and on April 20, 2026

The government lost $85 million minting nickels last year — nearly five times its losses on pennies — and economists say the five-cent coin could face elimination within a decade.

Importers Rush to File as US Launches Tariff Refund Claims Portal

on April 20, 2026

With $166 billion in illegally collected tariffs up for refund through a brand-new government portal, thousands of importers are filing claims today — but not a cent is headed back to the consumers who spent a year absorbing higher prices.

When Will Gas Prices Drop? Official Says It May Not Be until 2027

and on April 19, 2026

Gas jumped from $2.98 to $4.04 a gallon since Iran closed the Strait of Hormuz — and the Energy Secretary who promised relief in ‘weeks, not months’ is now hedging on whether it happens this year at all.

Meta Plans First Wave of 8,000 Layoffs on May 20

on April 19, 2026

The May 20 cuts represent only the opening move — a second round targeting up to 20% of Meta’s 79,000-person workforce is already planned for later this year.

Iran War Is Driving Up Fertilizer Costs. What Will US Farmers Do?

, and on April 19, 2026

A new Farm Bureau survey found 70% of U.S. farmers can’t afford all the fertilizer they need this planting season — and that shortfall could push grocery prices higher by summer.

Trump Touts ‘Record Refunds’ but Polls Show US Indifferent to Tax Cuts

and on April 18, 2026

The Treasury says 30 million seniors claimed an average $7,500 Social Security deduction this tax season — yet a record 70% of Americans still feel they’re paying too much, with inflation quietly erasing the gains.

New Fed Chair in an Evolving Economy: What Warsh Might Face

and on April 18, 2026

Kevin Warsh would inherit a Federal Reserve caught between political pressure to cut rates and an inflationary tide driven by tariffs, immigration policy, and a deliberate push to weaken the dollar.

QVC, HSN Owner Files for Bankruptcy, but Shopping Shows to Continue

and on April 17, 2026

The company is slashing its debt from $6.6 billion to $1.3 billion through restructuring — and QVC says your gift cards, store credits, and pending orders are all still valid.

US Is Losing Global Tourists Even as Travel Booms Worldwide

and on April 17, 2026

International visitors spend up to eight times more per trip than domestic travelers — and the US just became the only major destination in the world actively losing them.

Tariff Refund System Launching Soon. What Does It Mean for Consumers?

and on April 16, 2026

A new government portal opening April 20 will begin distributing $127 billion in tariff refunds — but a CFO survey finds most companies have no plans to pass those savings along to shoppers.

Trump Threatens to Fire Powell if He Doesn’t Step Aside as Fed Chair

and on April 15, 2026

With Trump threatening to oust Jerome Powell and a DOJ probe clouding his successor’s Senate confirmation, the Fed’s independence — and what it means for your interest rates — is suddenly on the line.

Are Trump’s Tariffs Really Dead? Here’s What’s Happening Behind the Scenes

and on April 15, 2026

With the Supreme Court having struck down emergency duties, the Trump administration is quietly pursuing a new legal route that could permanently raise prices on everything from bicycles to baby gear to cheese.

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