Amid plunging stock prices and a staggering 71 percent profit drop, Tesla CEO Elon Musk is pivoting back to his day job. “My time obligation to DOGE will drop significantly,” Musk told investors Tuesday after the company’s Q1 earnings report attributed a “changing political sentiment,” among other factors, for a precipitous drop in business. The report did not go into specifics. It declined to highlight Musk’s singular role in decimating the federal government, flirting with Nazi salutes, trying—and failing—to buy a state Supreme Court seat. Nor did the report directly...

Critics of President Donald Trump's steep new tariffs have been warning that a variety of bad things could occur if he doesn't reconsider, from inflation to a deep recession to a weakening of the U.S. dollar to burning bridges with longtime U.S. allies all over the world. But on Monday, April 21, another troubling possibility was raised: "empty shelves" at major retail chains. According to Axios reporters Marc Caputo and Ben Berkowitz, the CEOs of three major retail chains — Target, Walmart and Home Depot — "privately warned" Trump "that...

President Donald Trump’s abrupt shift in rhetoric Tuesday toward Federal Reserve Chair Jerome H. Powell reflected the private lobbying of some of his senior advisers, who had urged the president to back off his incendiary attacks on the central bank, three people familiar with the matter said. On Monday, the stock market fell precipitously as Trump attacked Powell as a “major loser,” fueling speculation that the president would move to fire the Fed chief. But by Tuesday afternoon, Trump appeared to dial back his rhetoric, saying he had “no intention...

President Donald Trump’s on-again, off-again tariffs are putting many businesses, jobs and the at risk. They’re affecting not only long-term relationships with trading partners, but an intricate web of ecosystems and supply chains. The California business owners and groups grappling with the tariffs — wine shop owners, winery founders, farmers — say the precise effects on their industries are unclear so far. They hope there will be an upside. But for those who have a broad view of trade, things look grim. The Port of Los Angeles and the Port...

BURLINGTON, Vt. (AP) — A federal judge is scheduled to consider a request Wednesday to immediately release a Palestinian man who led protests against the war in Gaza as a student at Columbia University and was arrested during an interview about finalizing his U.S. citizenship. Mohsen Mahdawi, a legal permanent resident for 10 years, was arrested April 14 at the U.S. Citizenship and Immigration Services office in Colchester, Vermont, by Immigration and Customs Enforcement agents, his lawyers said. He is being detained at the Northwest State Correctional Facility in St....