Author: elonmusk
Este artículo también está disponible en español. Bitcoin (BTC) reacted sharply to today’s hotter-than-expected US Consumer Price Index (CPI) report, dropping from around $96,600 to as low as $94,088. Notably, BTC was already trending downward due to escalating geopolitical tensions following Donald Trump’s proposed tariffs on all aluminum and steel imports. Bitcoin Slumps Amid Surprising Inflation Data The latest US inflation data came in higher than anticipated, triggering declines in both equity and cryptocurrency markets. Instead of the expected 0.3% increase, the CPI rose by 0.5% in January, compared to December’s 0.4% reading. Related Reading On a year-over-year (YoY) basis,…
WASHINGTON (AP) — The Trump administration on Thursday intensified its sweeping efforts to shrink the size of the federal workforce, the nation’s largest employer, by ordering agencies to lay off nearly all probationary employees who had not yet gained civil service protection — potentially affecting hundreds of thousands of workers. In addition, workers at some agencies were warned that large workplace cuts would be coming.The decision on probationary workers, who generally have less than a year on the job, came from the Office of Personnel Management, which serves as a human resources department for the federal government. The notification was…
The entrance of the United States Embassy in Bogota, Colombia on Jan. 26, 2025.Pablo Vera | Afp | Getty ImagesPresident Donald Trump’s administration has asked U.S. embassies worldwide to prepare for staff cuts, three sources familiar with the matter told Reuters on Thursday, as part of the Republican president’s effort to overhaul the U.S. diplomatic corps.The sources said some embassies had been asked to look into reducing both U.S. staff as well as locally-employed staff by 10% each, with a list of the workforce due to be sent to the State Department by Friday, which will then determine further actions.U.S. embassies around the world employ both diplomats and local staff. Most embassy staff come from the host country, according to the National Museum of American Diplomacy.Separately,…
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Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
WASHINGTON — U.S.-based Earth observation company BlackSky has been tapped to supply satellite imagery, analytics services, and a high-resolution optical satellite as part of a broader effort led by European aerospace firm Thales Alenia Space to develop a sovereign remote sensing constellation for India’s Nibe Ltd., a growing player in the country’s aerospace and defense industry.The deal, announced last week by Thales Alenia Space, marks a significant step in India’s ambitions to develop its first private Earth observation satellite network. Under the agreement, Thales Alenia will produce a high-resolution optical satellite, the first of what is expected to be a…
Este artículo también está disponible en español. Bitcoin and the broader crypto markets faced a jolt on January 12 after the latest US Consumer Price Index (CPI) data came in hotter than expected. The shock sent Bitcoin briefly downward before bouncing back, spurring a range of reactions among traders and analysts. The US Bureau of Labor Statistics released figures showing a 0.5% month-over-month rise in CPI, placing annual inflation at 3.0%—above the previously anticipated 2.9%. Meanwhile, Core CPI (excluding volatile food and energy costs) grew by 0.4% month-over-month, settling at a 3.3% annual rate and similarly surpassing consensus forecasts. Related…
SANTA FE, N.M. (AP) — Attorneys general from 14 states challenged the authority of billionaire Elon Musk and his Department of Government Efficiency to access sensitive government data and exercise “virtually unchecked power” in a lawsuit filed Thursday.The lawsuit, filed in federal court in Washington, D.C., says the actions taken by Musk at the helm of DOGE can only be taken by a nominated and Senate-confirmed official. It sites constitutional provisions that delineate the powers of Congress and the president.The attorneys general said the court should bar Musk from issuing orders to anyone in the executive branch outside DOGE and…
Rep. Marjorie Taylor Greene, R-Ga., is already planning future hearings for her new subcommittee panel, which was named to correspond with Elon Musk’s Department of Government Efficiency (DOGE).Greene told reporters after her subcommittee’s first public event that the next two would examine the U.S. Agency for International Development (USAID) and media outlets NPR and PBS.Musk has also targeted NPR and USAID since leading President Donald Trump’s DOGE advisory team.”We’re working on filling the calendar with many more important issues, departments, government programs that the American people deserve direct, hard transparency into,” Greene told reporters. “And then we’re going to be…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…