Donald Trump has a gift for inheriting valuable things. And the economy of January 2025 was no exception.  When the president took office, stock values were hitting record highs, unemployment was hovering near historic lows, and consumer confidence was stable. Wall Street expected that business conditions would only improve. Among investors, conventional wisdom held that […]

The next phase of Elon Musk’s plan to entangle his companies with the workings of the federal government is well underway. That entails not only President Donald Trump’s photo op with a Tesla in front of the White House but also, surprisingly, the future of your internet connection.  More specifically, Musk is making moves that […]

This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff. Today I’m focusing on the Trump administration’s move to cut the Department of Education’s staff by half. Before we dive in, a request: If you’re enjoying The […]

Is Donald Trump tanking the economy? The stock market has taken a beating, giving up six months of gains in the past three weeks. Several economic indicators — consumer confidence, GDP estimates — have gotten gloomier.  All signs point to the main culprit being Trump and his trade war obsession. The markets have spoken loud […]

Donald Trump turning the White House into a Tesla showroom aside, things are looking pretty grim for the electric car company right now.  The stock has dropped tremendously.  There have been reports of Tesla chargers being burned, people vandalizing cars, people flipping Tesla drivers off, breaking glass at Tesla showrooms.  There have also been very […]