Elon Musk loses $29 billion in a day as Tesla shares take a hit.
The tech-heavy Nasdaq 100 was down 4% overall while the S&P 500 was down 3%.
The Philippine government says ex-President Rodrigo Duterte has been arrested at Manila airport.
Duterte, 79, was taken into custody amid chaotic scenes at the main airport in the capital Manila after returning to the Philippines from Hong Kong on Tuesday.
Government announces removal of 5 nuisance taxes in 2025 budget.
The Minister expressed optimism that eliminating these taxes will ease pressure on households and stimulate economic activity.
Government to present 24-Hour Economy Policy to Parliament for approval.
The policy aims to transform Ghana’s economy by promoting round-the-clock economic activities, thereby boosting productivity and economic growth.
Trump says will buy a Tesla to show support for Musk.
Tesla has been pummeled this year under competition from rival electric vehicles, particularly out of China, as well as his close association with Trump and with far right causes globally.
More U.S. Airlines Lower Outlook Due to Economic Uncertainty.
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.
Elon Musk says X targeted by ‘cyberattack’ after outage.
Musk said on Fox Business Network’s Kudlow that the attackers had “IP addresses originating in the Ukraine area” without going into detail on what this might mean.
Ontario announces 25 percent tax increase on electricity exports to U.S. in response to Trump’s trade war.
“Believe me when I say I do not want to do this. I feel terrible for the American people who didn’t start this trade war. It’s one person who is responsible, it’s President Trump.”
Global stocks sell-off pauses as investors catch their breath.
Tumbling stock markets and rallying Treasury bonds steadied somewhat in Europe on Tuesday, as a modicum of calm returned to markets after the previous day’s dramatic moves when the Nasdaq saw its biggest one-day fall in over two years.
Nigerian producer Omoni Oboli calls out Ghanaian TV stations for airing her movies without permission.
Oboli emphasized the value of upholding her rights as a creator while highlighting the effort, commitment, and resources required to produce her works.