Tesla stock crashed 14% on June 5, 2025, erasing over $150 billion in value after a heated feud between Elon Musk and President Trump. Investors panicked over threats to government contracts and the loss of key EV tax credits, triggering Tesla's steepest drop since 2020.
The Philippines is witnessing a rapid increase in HIV infections, sparking discussions about declaring a national health emergency. This post explores the latest data, government responses, and the cultural and social factors influencing the crisis.
On June 5, 2025, the US Treasury expanded its currency monitoring list to nine countries, including Ireland and Switzerland, while stopping short of labeling any as manipulators. This move signals heightened scrutiny on major US trading partners and could influence global trade dynamics.
The US dollar has suffered its worst decline in decades, falling 8.8% in 2025 amid Trump's tariff policies, fiscal concerns, and shifting global dynamics.
The European Union's antitrust regulators are intensifying their investigation into Visa and Mastercard's market dominance, examining potential anti-competitive practices in the digital payment sector.
Trump Media files for Truth Social Bitcoin ETF through NYSE Arca, marking another bold crypto venture amid $2.5B treasury strategy and growing political-financial convergence.
Tesla's electric vehicle sales in China dropped 15% year-over-year in May 2025, marking a significant decline for the American automaker in its second-largest market amid intensifying competition from domestic Chinese EV manufacturers.
Elon Musk publicly criticizes Trump's proposed tax reduction legislation, warning of potential economic consequences and fiscal irresponsibility in a heated political exchange.
As of June 2, 2025, US-China trade relations have deteriorated sharply, with both nations accusing each other of breaching a recent tariff truce. The dispute centers on rare earth exports, AI chip controls, and student visas, casting doubt on any near-term resolution.
