Elon Musk goes to Washington

The US Senate confirmed Kevin Warsh as the next chair of the Federal Reserve yesterday, and the Bank of England is set to water down its rules on stablecoins. Plus, the popularity of Germany’s AfD party is growing after its criticism of the Iran war.Mentioned in this podcast:Sena ...  Show more

UK gilt investors are weighing in on who they would like to see replace Prime Minister Sir Keir Starmer, and the fund raising for Blue Owl is running dry. Plus, the US economy is hurting due to high inflation and eBay says no thanks to GameStop’s takeover bid. Mentioned in this p ...  Show more

Elon Musk says he’s stepping back from his role at DOGE and refocusing on Tesla after the electric car firm reported a huge drop in profit and sales for the start of this year. We look at whether he could be on his way out completely.Donald Trump meanwhile says he’ll be attending ...  Show more

In recent weeks, satellite business EchoStar has clinched multibillion-dollar deals with SpaceX and AT&T. It may sound like boom times for founder Charlie Ergen, but these deals illustrate something different: the abandoning of an ambitious, decades-long quest to build his own mo ...  Show more

President Trump spent the weekend in Scotland where he announced a new tariff deal with the European Union. Following days of global outrage about images of starvation in Gaza, the Israeli military announced a daily pause in fighting and a revival of aid airdrops, and former Tran ...  Show more

President Trump is visiting Kerr County, Texas to meet with first responders and families affected by the flash floods. The cozy relationship between President Trump and Russian President Vladimir Putin may be turning sour, and an NPR investigation reveals that DOGE recently got ...  Show more