The downturn comes just a day after the top credit ratings agency Moody’s downgraded U.S. debt from its top rung—the last of the leading agencies to do so. Moody’s decision was less a function of President Trump’s wide-ranging tariff campaign than a reaction to soaring U.

Elon Musk, the world's richest man and a prominent Republican megadonor, has announced a significant reduction in his political investments for future elections.

FUBAR PAC offered a sledgehammer, a wrench, and “Chuck Schumer pool noodle” to participants angry with the Trump administration and GOP’s funding cuts.

Elon Musk defended his role in Trump's government cost-cutting task force during a tense CNBC interview, insisting DOGE saved $160 billion despite skepticism over its actual impact.

Elon Musk, prominent figure and political donor, plans to cut back on political spending, potentially impacting Republican campaigns. His decision follows challenges during his tenure as an advisor in the Department of Government Efficiency.

Among other moves to shore up investor trust, Tesla appointed former Chipotle CFO Jack Hartung to its board of directors, effective June 1.