5 h. ago Elon Musk steps back from DOGE role to focus on failing business after Tesla stock decline

Elon Musk has said his time as a senior advisor to President Donald Trump and the de facto head of the Department of Government Efficiency (DOGE) will be reduced from next month

Events

1 week ago China retaliates with 84% tariffs as Trump says ‘great time to move companies to the US’ – business live

Stock markets down in UK and across Europe after steep declines in Asia, while turmoil spreads to bond market China announces 84% tariffs on all US goods in response to Trump’s 104%Bank of England warns Trump tariffs threaten global growth and raise risk of ‘severe shocks’Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...

Politics

2 w. ago 'Musk is a bully who uses his wealth as a weapon to enforce an authoritarian agenda'

Elon Musk is set to step away from his political role in the coming weeks, White House insiders have told as his company, Tesla, faces plummeting sales and tanking share prices

Events

2 w. ago SNL's brutal takedown of Elon Musk leaves audience groaning in discomfort

SNL's cold open left fans uncomfortable after the show brutally took aim at Elon Musk. The tech CEO announced he would be stepping down from his high-profile government role on Wednesday.

Events

2 w. ago Musk to remain ‘friend and adviser’ to Trump after leaving Doge, says Vance

Vice-president makes remark after reports that president told cabinet members billionaire will be stepping backJD Vance said on Thursday that Elon Musk would remain a “friend and an adviser” to the vice-president and Donald Trump after he leaves his current role with the so-called “department of government efficiency” (Doge).In recent days, several news outlets, including Politico, reported that Trump had told members of his cabinet that the tech billionaire, who holds the position of “special government employee”, would soon be stepping back from his role in the administration, and would take on a supporting role and return to the private sector. Continue reading...

Politics

2 w. ago JD Vance boasts about ‘enthusiasm’ over ‘Liberation Day’ tariffs during softball Fox & Friends interview

Elsewhere in the interview, Vance blasted reports that Elon Musk would be stepping back from the administration as ‘fake news’ before acknowledging that his role will soon come to an end.

Politics

2 w. ago Elon Musk reportedly to step down from lead Trump role as service limit nears

Insiders say Musk will leave soon, when 130-day cap on government service expires but ‘Doge’ team set to continueElon Musk’s polarizing stint slashing and bashing federal bureaucracy will probably soon end, with the world’s richest person’s government service hitting its legal limit in the coming weeks.“He’s got a big company to run at some point he’s going to be going back,” Donald Trump told reporters on Monday. Continue reading...

Politics

2 w. ago All the signs Elon Musk was on brink of stepping down from DOGE after months of scandal and chaos

Less than four months after assuming the role, Trump has reportedly told his inner circle that Elon Musk, 53, will be stepping back from DOGE.

Events

2 w. ago Elon Musk dramatically steps down from DOGE in shock move after Trump expressed private doubts

President Donald Trump has told his Cabinet and inner circle that Elon Musk is stepping back from his government role.

Events

2 w. ago Elon Musk 'set to leave Donald Trump's cabinet', president tells allies

Donald Trump has told close allies that Tesla CEO Elon Musk will take a step back in the coming weeks, it has been reported, as backlash of Musk's influence over the government grows

Politics

2 w. ago Donald Trump tells cabinet Elon Musk will be stepping down from duties 'soon'

Donald Trump is reported to have made the comments about Elon Musk's future to his cabinet after weeks of simmering tensions between the Tesla billionaire and senior White House officials

Politics

3 w. ago Stock market today: Asian shares mostly decline ahead of Trump's latest tariffs

Asian shares are mostly falling, shaken by jitters over what President Donald Trump will announce about tariffs on his “Liberation Day” later in the global day

Politics

4 w. ago Stock market today: Asian shares are mixed, Chinese markets decline, after rally on Wall St

Shares are mixed in Asia, with Chinese markets retreating, following a broad rally on Wall Street

Politics