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What Trump Said About the US Economy to Congress, Fact-Checked

President Donald Trump spoke Tuesday before a joint session of Congress to outline his vision for a second term that started only six weeks ago and has already resulted in an upheaval of the federal workforce, disintegration of relationships with allies and a trade war.

With his party controlling both chambers of Congress and Democrats largely on the sidelines and divided in their approach,

 » Read more about: What Trump Said About the US Economy to Congress, Fact-Checked  »

Elon Musk’s First Month as Trump's Adviser Marked by Tesla’s Steepest Decline Since 2022

  • Tesla’s stock fell by 28% in Elon Musk’s first full month as an adviser in the White House under President Donald Trump, the biggest decline since December 2022
  • The electric vehicle firm recorded a further 3% decline in the stock on Monday, bringing the company’s market capitalisation down to roughly $915 billion (KSh 118.5 trillion)
  • One of the main causes of the drop was lower average selling prices for its Model 3,

 » Read more about: Elon Musk’s First Month as Trump's Adviser Marked by Tesla’s Steepest Decline Since 2022  »

Trump Foresees ‘A Little Disturbance’ as He Vows to Expand Trade War in Speech to Congress

President Trump told Congress Tuesday he expects “a little disturbance” as he broadens his trade war, less than a day after imposing 25% tariffs on goods from Canada and Mexico.

The president vowed to impose “reciprocal tariffs” on countries around the globe starting on April 2.

“Whatever they tariff us,

 » Read more about: Trump Foresees ‘A Little Disturbance’ as He Vows to Expand Trade War in Speech to Congress  »

Asian shares and US futures are higher after Wall St losses wipe out S&P 500's post-election gains

Tokyo’s Nikkei 225 index edged less than 0.1% higher to 37,356.44, while the Hang Seng in Hong Kong surged 1.2% to 23,207.16.

The Shanghai Composite index was nearly unchanged at 3,324.16.

In South Korea, the Kospi gained 0.7% to 2,546.03, while Australia’s S&P/ASX 200 shed 1.2% to 8,100.60.

On Tuesday,

 » Read more about: Asian shares and US futures are higher after Wall St losses wipe out S&P 500's post-election gains  »

Big Tech Stocks Down Big as Wall Street Hit Hard in Wake of Trump’s Tariffs

If, after seeing a who’s who of Silicon Valley executives at President Trump’s inauguration in January, you believed it was going to be the Year of Big Tech, you’d be wrong — at least so far.

Instead, four of the five major tech companies represented at the inauguration — Amazon,

 » Read more about: Big Tech Stocks Down Big as Wall Street Hit Hard in Wake of Trump’s Tariffs  »

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