logo
Trump's Big Bill Saves a NASA Rocket Detractors Longed to Kill

Trump's Big Bill Saves a NASA Rocket Detractors Longed to Kill

Bloomberg08-07-2025
When SpaceX founder Elon Musk became a close adviser to President Donald Trump, some space-industry watchers assumed it would spell the end of the Space Launch System, a NASA rocket built by Boeing Co. that detractors have derided as a costly boondoggle.
Instead, the Musk-Trump alliance came to an abrupt end. The SLS is living on.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

5 Luxury SUVs That Will Have Massive Price Drops Before 2025 Ends
5 Luxury SUVs That Will Have Massive Price Drops Before 2025 Ends

Yahoo

time16 minutes ago

  • Yahoo

5 Luxury SUVs That Will Have Massive Price Drops Before 2025 Ends

Many luxury SUVs are getting big price cuts as 2025 comes to an end. Dealers have more cars than buyers, and many models are changing or getting replaced. According to Lauren Fix from Car Coach Reports, high prices and slow demand mean better deals for Americans searching for a luxury SUV. Discover More: For You: Rising loan rates and expensive insurance make owning a luxury SUV even harder this year. Electric SUVs have the sharpest price drops, but gas-powered models are not immune, especially those facing a redesign. Waiting until late in the year could help buyers find bigger discounts as dealers try to move outgoing models. Here are five luxury SUVs with the largest price drops expected before the end of 2025. BMW iX The BMW iX is dropping in price quickly as new electric models and tech updates come out. According to Kelley Blue Book, the BMW iX xDrive50 can lose $51,000 in value over five years, keeping only $37,000 of its original price. Dealers are discounting the iX to clear space for new versions and match slow demand from buyers. Fix notes that struggling sales and a high starting price are leading to strong incentives on the iX. Americans shopping for this SUV in late 2025 could see lower prices and special finance offers from dealers. Patience may pay off for those waiting until the model year ends. Check Out: Mercedes-Benz EQE SUV 'Overproduction and weak consumer interest in all-electric luxury SUVs, including the Mercedes-Benz EQE SUV,' Fix said. Large price drops are common as electric SUV demand slows and new features make older models feel outdated. Earlier this year, when Mercedes-Benz rolled out massive discounts on 2025 high-end EVs, the EQE SUV price was slashed by $8,000. Fix added that high lease returns put even more pressure on dealers, making it easier to bargain for a good deal. Many buyers pick newer technology, which means current models are often discounted by the end of the year. With these developments, it'll be smart to watch out for extra incentives, stacked on top of already lowered prices, before 2025 ends. Cadillac Lyriq The Cadillac Lyriq sees regular markdowns, with more cars than buyers available at most dealerships. According to GM Authority, current deals include low-interest loans, cash rebates and lease offers with extra perks. Buyers can find a $2,000 incentive if they own a vehicle from another luxury brand, plus loyalty bonuses from Cadillac. Fix points out that Cadillac is lowering prices to keep up with new, cheaper rivals offering longer range. As a result, late 2025 could bring even deeper discounts for those ready to buy or lease. Big rebates and extra cash back help buyers get more value for a new Lyriq. Audi Q8 e-tron Audi's Q8 e-tron is about to be redesigned, and dealers are eager to sell the current version. According to Kelley Blue Book, it can lose more than $50,000 in value over five years, leaving a resale price of nearly $23,000. This full-size electric SUV is getting marked down as stores look to avoid old inventory stacking up before new versions launch. Fix explains that strong competition from other electric SUVs adds to the downward price pressure. Watch for deep discounts at stores hoping to clear the Q8 e-tron before the next big update. Buyers can use this timing to ask for better deals and incentives. Genesis GV60 The Genesis GV60 is losing value fast because it is less well-known and faces heavy competition. Kelley Blue Book lists cash-back deals, with special bonuses for groups like first responders, college graduates and military members. Dealers have also advertised extra incentives for those choosing a Genesis over other luxury brands. Fix shares many Americans pick more established luxury names, giving power to those willing to make a switch. Newer electric SUVs with better features cause GV60 prices to stay low through deep discounts and rebates. Waiting for year-end clearance could help buyers save even more. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To Buy Clever Ways To Save Money That Actually Work in 2025 This article originally appeared on 5 Luxury SUVs That Will Have Massive Price Drops Before 2025 Ends

I Asked ChatGTP What Trump's China Deal Means for the Middle Class — Here's What It Said
I Asked ChatGTP What Trump's China Deal Means for the Middle Class — Here's What It Said

Yahoo

time16 minutes ago

  • Yahoo

I Asked ChatGTP What Trump's China Deal Means for the Middle Class — Here's What It Said

Rapidly shifting pieces have been synonymous with President Trump's trade policy — China included, according to AP News. Chinese producers sell more than $400 billion worth of goods in the U.S. annually, per Reuters. In order to help orient ourselves within all the changes right now, here's what ChatGTP said President Trump's latest deal with China means for middle-class finances. Check Out: For You: Tariff Reductions Are Partial, Short-Term Relief Tariffs aren't gone, but middle-class households face partial relief because of tariff reductions. A deal slashed U.S. tariffs on Chinese goods from 145% to 30%, according to Time Magazine. However, an average American family would still face a net hike of $2,300 to $2,800 a year in additional tariff-related costs. Trending Now: Consumer Prices Are Still Elevated Consumers continue to pay higher for everyday items, including electronics, clothing and appliances due to residual tariff burdens. Tariffs work like regressive taxes with those in the middle-class paying a larger share of income, per Bloomberg. Inflation and Reduced Purchasing Power Consumer Price Index (CPI) increases tied to tariffs could hit 1.3% to 2.3%, depending on whether all planned tariffs take effect, per Barron's. This is equivalent to a loss of $1,900 to $3,800 in real purchasing power per household annually. Uncertainty Hinders Business and Hiring Amidst pronounced uncertainty, businesses and consumers alike may be less inclined to make big changes or commitment. 'The stop-start nature of tariff implementation slows corporate investment, especially in manufacturing — limiting job growth and wage pressure. Consumer confidence can waver amid this uncertainty,' ChatGPT said. Risk of Retaliation and Spillover Any potential repercussions don't end just because tariffs end. Chinese retaliatory tariffs on U.S. exports could hit middle-class related industries, including autos, agriculture and manufacturing, leading to layoffs or price hikes. 'Ongoing tit-for-tat risks mean future prices and employment could shift again,' ChatGPT explained. So, What Are Your Next Moves? ChatGPT had four suggestions for what to do right now: Budget for inflation in your essential expenses, including groceries, clothes and electronics. Lock in rates for mortgage and loans sooner rather than later as uncertainty may affect financial markets. Track CPI and Fed signals. These reflect tariff-driven inflation trends. Diversify income streams to guard against local job or wage hits. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth 5 Cities You Need To Consider If You're Retiring in 2025 This article originally appeared on I Asked ChatGTP What Trump's China Deal Means for the Middle Class — Here's What It Said 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

Why Is 'Resident Alien' Canceled? What to Know About the Decision and When the Last Episodes Will Air
Why Is 'Resident Alien' Canceled? What to Know About the Decision and When the Last Episodes Will Air

Yahoo

time16 minutes ago

  • Yahoo

Why Is 'Resident Alien' Canceled? What to Know About the Decision and When the Last Episodes Will Air

The sci-fi comedy will end with the upcoming season 4 finale Resident Alien no longer has a residence. The sci-fi comedy, based on the comic of the same name, debuted in 2021 on SyFy and now, Resident Alien has been canceled ahead of its upcoming fourth season finale. "I knew going into it that this was likely going to be our final season," series creator and showrunner Chris Sheridan told TV Insider. "Creatively, that was exciting because I knew we could spend the time wrapping up some storylines and driving toward an ending." He continued, "I'm so proud of how good season 4 is and especially proud that we were able to finish as strongly as we did." The show stars Alan Tudyk as an extraterrestrial who crashes on Earth, intending to wipe out humanity. After disguising himself as a doctor named Harry Vanderspeigle, he falls in love with the residents of the small Colorado town where his ship landed, and rethinks his mission of destruction. So why is Resident Alien canceled? Here's what to know about the series ending after four seasons, and what the actors have said about the news. Why is Resident Alien canceled? While a reason has not been given for Resident Alien ending, Deadline reported that the series "came close to cancellation after Season 3." It ultimately scored a renewal, but with a budget reduction and a move from SyFy to USA Network. According to The Hollywood Reporter, the network change was "in hopes to expand its audience." The outlet also reported that Resident Alien received a boost in viewers after the first three seasons were added to Netflix in summer 2024. What has the cast said about Resident Alien's cancellation? Series star Tudyk commented on the cancellation, writing on Threads, "It was a hell of a fun playground to play in. Laughter through the tears." Corey Reynolds, who plays Sheriff Mike Thompson, also posted a similar sentiment on the platform, writing, "Best job I ever... had." "Special 'thank you' to all the fans who always showed us so much love. The feeling was absolutely mutual," he continued. "Thank you all for your kind words, love and support!! It's definitely a disappointing turn of events." "Frankly, I would've been happy playing, Sheriff Mike 'Big Black' Thompson, for the rest of my life," the actor added, promising that fans "will still get a complete story." Sara Tomko, who portrays Asta Twelvetrees, posted about the news on her Instagram, sharing photos of her on set. In the caption, she wrote, "It will take time for me to process and digest this fully, I'm sure ... For now, I can say with a full heart that this show changed my life completely." Elizabeth Bowen, who portrays deputy Liv Baker, also posted on Threads, assuring her followers, "We're OK." "We've been thinking that this season was probably our last ever since we got renewed for season 4. This is just confirmation," she said. "Thanks to everyone who has supported the show and continues to support us. We love you. Three more episodes." Will there be a Resident Alien spinoff? A Resident Alien spinoff has not been announced, but Sheridan expects fans to be satisfied with how the series concludes. The showrunner also teased that the finale "is probably my favorite episode of the series.' 'It gives Resident Alien a very satisfying ending while also leaving the door cracked open for any future this world may have," he continued. "I can't wait for everyone to see it." When does the Resident Alien series finale air? The Resident Alien series finale will air Friday, August 8 at 10 p.m. ET/PT on USA Network and SyFy. The episode, fittingly titled "The End Is Here," is written by Sheridan. After the news broke, Tudyk posted an Instagram clip from San Diego Comic-Con on July 25, reacting to the cancellation. In the video, the actor hinted at what's ahead for his character, Harry, in the finale: "And even though no spoilers, I don't die at the end." Where can I watch Resident Alien? Resident Alien airs Fridays at 10 p.m. ET/PT on USA Network and SyFy. The latest episodes are available to stream a week later on Peacock. The first three seasons can be watched on Peacock and Netflix. Read the original article on People

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store