'Headed to a recession': Dem lawmaker says tariffs are 'recipe for economic disaster'
Rep. Raja Krishnamoorthi (D-IL) joins José Díaz-Balart to share his opinion on President Trump's tariffs and how he believes the economic policies will impact the American economy.
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14 minutes ago
- Yahoo
European Equities Traded in the US as American Depositary Receipts Edge Higher Monday
European equities traded in the US as American depositary receipts were edging up on Monday morning, Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Newsweek
16 minutes ago
- Newsweek
'Musk Must Fall': Nationwide Protest to Take Place on Elon Musk's Birthday
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Mass protests across the country are being scheduled for Tesla CEO Elon Musk's birthday on June 28, led by the Tesla Takedown movement. Despite no longer being part of the government, Musk's Department of Government Efficiency (DOGE) policies and his continued impact as a private citizen are still being felt across the country, from mass governmental layoffs to his involvement in running companies with large government contracts. The "Musk Must Fall" protests are planned for cities across the country, including in "red" states of Texas, Missouri, Georgia, and Ohio, with the Tesla Takedown team saying: "And our birthday gift to the Broligarch in Chief? A global party with one powerful message: Musk Must Fall." Tesla has been contacted via email for comment. New Yorkers gathered outside the Tesla dealership in the Meat Packing district in Manhattan to protest against Elon Musk and his actions with DOGE, 3/29/25. New Yorkers gathered outside the Tesla dealership in the Meat Packing district in Manhattan to protest against Elon Musk and his actions with DOGE, 3/29/25. Andrea Renault/STAR MAX/IPx Why It Matters Musk retains a lot of power over global politics as he is capable of endless donations to political parties and aiding in message amplification as the owner of X (formerly Twitter). According to public polls, he was an unpopular member of the Trump administration and, since leaving, has been in a public feud with President Donald Trump. Despite some political commentators recommending that Democrats try to win Musk and his billions over to their side, these protests show that Musk is still a deeply unpopular figure in American politics. What To Know Tesla Takedown protest in New York, March 29, 2025. Tesla Takedown protest in New York, March 29, 2025. Andrea Renault/STAR MAX/IPx Protests are planned for June 28 in 15 states: Virginia, California, Washington, Florida, Colorado, New Mexico, Nevada, Georgia, Maryland, Minnesota, Oregon, Texas, Idaho, Ohio, Missouri, as well as the District of Columbia. There are also protests planned overseas in the UK. These protests come amid a social media spat between President Trump and Musk. Musk has accused Trump of not being able to win the election without him, and Trump has threatened to pull government money for Musk's companies, such as SpaceX and Starlink. The Tesla Takedown team disputes the idea that Musk is no longer part of the current administration, saying: "Elon is still deeply tied to the Trump regime, still fueling conspiracies and fascist rhetoric, and still using his immense wealth to warp government policy and buy elections around the globe." These protests have been occurring outside of Tesla showrooms since Trump was inaugurated on January 20. Tesla Takedown is a non-violent movement and is not related to incidents in the U.S. where some Tesla cars and dealerships have been vandalized. The Trump administration has said that Tesla vandalism is "domestic terrorism," and the FBI has launched a task force to target attacks on Teslas and their dealerships. What People Are Saying Tesla Takedown: "On June 28—Elon's birthday—let's celebrate everything we've achieved and recommit to the long fight still ahead." An FBI spokesperson told Newsweek for a previous article: "The FBI is committed to protecting the U.S. from many threats including terrorism, violent crime, drug trafficking, and cyberattacks. We will continue to work closely with our law enforcement partners here in the U.S. and internationally to detect and counter potential dangers. All our work is focused on providing safer communities for our citizens every day." What Happens Next The protests will take place on June 28. Other anti-Trump protests are planned for June 14, Trump's birthday.
Newsweek
16 minutes ago
- Newsweek
Donald Trump Military Parade Update: Thousands of Soldiers to Appear in DC
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Thousands of soldiers will descend on Washington D.C, as tanks roll down the streets and aircraft fly overhead, in an American military parade that coincides with President Donald Trump's birthday. The event, being run by organizers America250, will take place on Flag Day this Saturday (June 14) and is being held to mark the 250th anniversary of the U.S. Army. U.S. military units participate in the National Memorial Day Parade on Constitution Avenue in Washington, DC, May 26, 2025. U.S. military units participate in the National Memorial Day Parade on Constitution Avenue in Washington, DC, May 26, 2025. ALEX WROBLEWSKI/AFP via Getty Images Why It Matters The parade also happens to fall on Trump's 79th birthday, which has sparked speculation that the event was his idea, given it was a relatively last-minute addition to the festivities. His previous attempt to hold a military parade was thwarted during his first presidency. In any case, anti-Trump demonstrators are planning a "No Kings" protest targeting the event this weekend. It is unclear whether Trump personally requested the parade, or whether the event was initiated by organizers. Newsweek has emailed America250 seeking clarification and comment. What To Know Reports first surfaced that Trump was planning a military parade to coincide with his birthday back in April, with the news apparently coming as a surprise to local officials. It did not give the organizers much time to prepare the event, but work was already well underway on a host of other events to mark the Army's 250th anniversary, such as community outreach activities and displays about the military's history. Now the Washington, D.C, parade has also been added to the mix, new details are emerging about what spectators can expect. The parade will kick off at 6:30 p.m. ET and will last for three hours until 9:30 p.m. "The parade will take place on Constitution Ave NW between15th Street and 23rd Street," according to the America250 website. "Guests are invited to convene along the parade route or view from the Washington Monument Grounds." Around 200,000 are expected to attend, officials told Business Insider, which reported that 6,700 troops are scheduled to participate, including soldiers on active duty and in reserve, special forces and the National Guard. Some will be wearing the uniforms worn by soldiers in historic battles. In addition, 28 M1A1 Abrams tanks bearing 120mm cannons will roll through the city and 50 aircraft will take to the skies, including helicopters, such as Black Hawks, Chinooks, and Apaches. Not all National Guards' units will be represented in the event, with Oklahoma among those saying its units are not planning to be participating. Trump has tried unsuccessfully to launch military parades during his first term. His hopes for a massive military parade to "top" other countries' processions were thwarted during his first term in 2018 and again in 2019. Some critics had compared the president's ambitions to the bloated military spectacles seen in dictatorships, such as the parades in honor of Kim Jong Un in North Korea, or the propaganda displays in authoritarian regimes like China and Russia. Retired U.S. Air Force Gen. Michael Hayden told the media at the time: "That's just not our style." Other criticisms leveled at the president over his plans included what was deemed to be an astronomical cost to taxpayers of hosting such an event, and the damage likely to be caused to city roads by heavy military equipment. What People Are Saying U.S. President Donald Trump posted a video update on his Truth Social platform, saying: "We're honoring the 250th anniversary of the greatest fighting force in history, the United States Army. We will celebrate a spectacular military parade in Washington DC, like no other. "For two and a half centuries, the men and women of America's army have dominated our enemies and protected our freedom at home. This parade salutes our soldiers' remarkable strength and unbeatable spirit. You won't want to miss it! Just don't miss this one. It's gonna be good. "Thundering tanks and break-taking flyovers will roar through our capital city as nearly 7,000 soldiers march in historic uniforms from every major war since the Revolution. Join us for this once-in-a-lifetime celebration. I think it's gonna be better and bigger than any parade we've ever had in this country." He made no mention of his birthday, instead focusing on the celebration of the armed forces, but he promised: "I'm going to be there. I'll be watching the entire event. It's gonna be something very, very special." The America250 website says: "With President Donald J. Trump in attendance, this historic celebration will feature powerful displays of patriotism, including flyovers, military vehicles, living history reenactments, and moving tributes to the courage, sacrifice and commitment of our men and women in uniform. Let us honor the past, celebrate the present, and inspire the future of American service." Arlington County Board Chair Takis Karantonis told the Washington City Paper in April that exact plans for a parade had not yet been discussed, saying the board was caught off-guard by the White House. He added: "I would hope the federal government remains sensitive to the pain and concerns of numerous [military] veteran residents who have lost or might lose their jobs in recent federal decisions, as they reflect on how best to celebrate the Army's anniversary." What Happens Next Organizers are likely to be spending this week finalizing preparations while units are likely to be practicing ahead of the parade. Those wishing to attend should visit to reserve their spot.
