and tonight there is a new story that is forcing us to ask the question yet again is the White House for sale The Wall Street Journal has extraordinary reporting that But lieutenants to an Abu Dhabi royal secretly signed a deal with the Trump family to purchase a 49 % stake in their cryptocurrency venture, World Liberty Financial, for half a billion just four days before Trump's inauguration last year. That is according to company documents and people familiar with the matter. Half of that money was reporte ...

ToplineStocks staged a Friday comeback, but still closed out a tough February, as the market’s post-election bump wobbled amid investors’ wavering faith in President Donald Trump’s economic policies, with Tesla, the car company led by Trump’s top deputy Elon Musk, leading the pullback.Traders work on the New York Stock Exchange floor on Monday.Getty Images Key FactsMajor indexes were positive Friday morning after the latest inflation data met economist forecasts – the blue chip Dow Jones Industrial Average, ...

Market Overview - The stock market is experiencing a downturn as investor confidence in President Trump's economic policies wanes, with Tesla leading the decline [1][5] - Major indexes showed a slight recovery on Friday morning, with the Dow Jones, S&P 500, and Nasdaq all rising approximately 0.6% after inflation data met forecasts [1] February Performance - February was a challenging month for U.S. equities, with the Dow down 2.3% (1,015 points), the S&P down 2.3%, and the Nasdaq down 4.8%, marking the worst month for the Dow and S&P since December and for the Nasdaq since September 2023 [2] - The S&P 500 has decreased by 1.6% since Trump's inauguration and 4% from its all-time high, although it remains up 2% since Election Day [3] Tesla's Decline - Tesla experienced a significant drop of 28% in February, resulting in a loss of approximately $360 billion in market capitalization, raising concerns about the impact of Elon Musk's political role on Tesla's sales [6] - Tesla's stock is currently trading about 40% below its all-time high from December, and it is on track for its second-worst month since going public in 2010 [6] Musk's Wealth - Elon Musk's net worth decreased from $422 billion to $358 billion in February, a decline of $64 billion, although he remains the richest person globally [7] Bitcoin's Performance - Bitcoin has also seen a decline, falling below $80,000 for the first time since November 10, down 25% from its all-time high set last month, although it recovered to around $84,000 by mid-morning [9]