What we know about the Learjet crash in Philadelphia
Debris from the incident. A medical transport jet crashed on Friday in northeast Philadelphia. The Learjet 55 had six people on board when it went down shortly after departing Northeast Philadelphia Airport, according to the Federal Aviation Administration (FAA). Flight operator Jet Rescue Air Ambulance said in a statement that four crew members and two…
A Fidelity fund is now valuing its stake in SpaceX at more than $2.7 billion
Elon Musk walks Donald Trump and congressional lawmakers through a SpaceX launch SpaceX’s valuation is soaring — at least according to one investment giant. Fidelity, which invests in startups and large companies alike via dozens of mutual funds, is now valuing its stakes in Elon Musk’s Space Exploration Technologies at $2.7 billion. Fudelity’s SpaceX stakes…
Trump and Mexico’s president reach a deal to delay 25% tariffs by a month
President Donald Trump. President Donald Trump’s tariffs on Mexico are set to be delayed by a month after the country agreed to meet some of his border demands. On Monday, Mexican President Claudia Sheinbaum wrote in a post on X that following a “good conversation” with Trump, Mexico would reinforce its border with 10,000 members…
Here’s what top economists are saying about Trump’s ‘dangerous’ tariffs on Canada and Mexico
Paul Krugman is a former MIT and Princeton University professor. Prominent economists including Paul Krugman, Larry Summers, Steve Hanke and Robert Reich have been airing their views on President Donald Trump’s plan to impose tariffs on imports from Canada and Mexico. Trump said the plan to impose 25% levies on tariffs on most goods entering…
Beyoncé finally announced the ‘Cowboy Carter’ tour for 2025. Here’s everything we know.
Beyoncé debuted live performances of “Cowboy Carter” songs on December 25, 2024. The wait is over, Beyhive: Beyoncé has finally confirmed the “Cowboy Carter” tour is set to go ahead. The star made the announcement in a pair of social media posts early Sunday morning, nearly a year after the country-inspired album was released. The…
Goldman sees the S&P 500 dropping 5% as Trump’s tariffs hit earnings
The stock market will see a 5% drop in the coming months thanks to -President Donald Trump’s plan to levy steep tariffs on America’s top trading partners, Goldman Sachs said. David Kostin, the bank’s top stock strategist, highlighted the potential consequences stemming from Trump’s 25% tariff on Mexico and Canada and 10% tariff on China…
USAID tells employees to stay home hours after Elon Musk said it was going to be shut down
Elon Musk said that he’d discussed shuttering USAID with Trump. Employees at the US Agency for International Development (USAID) were told that the agency’s headquarters in Washington, D.C. would be shut down for the day, according to a text alert seen by B-17. The message went to all USAID workers who have signed up for…
Trump’s tariffs could see average new car prices rise by as much as $2,700, Jefferies analysts say
Tesla’s CFO warned last week that any tariffs would have an impact on the company’s “business and profitability.” Donald Trump’s tariff offensive has thrown the auto industry into chaos — and it could make your next car more expensive. The president announced 25% tariffs on all goods imported from Canada and Mexico and a 10%…
Mitch McConnell says Trump’s tariffs will ‘drive the cost of everything up’
The former Senate GOP leader said that Trump’s tariffs on Mexican, Canadian, and Chinese goods will be “paid for by American consumers.” Sen. Mitch McConnell of Kentucky, fresh off the end of his 18-year tenure as Senate Republican leader, is sounding off against looming tariffs imposed by President Donald Trump. Trump signed executive orders on…
