Financial News, Advice & Market Insights

Elon Musk’s artificial intelligence company, xAI, has acquired the social media platform X (formerly known as Twitter) in an all-stock transaction valued at $45 billion, including $12 billion in debt.

Recent reports indicate a significant decline in U.S. consumer confidence, reaching its lowest point in over four years.

On Friday, March 28, 2025, U.S. stock markets experienced significant declines due to escalating trade tensions and persistent inflation concerns.

As the April 3 implementation date for the 25% tariffs on imported vehicles approaches, U.S. consumers are rushing to dealerships to purchase cars before anticipated price increases take effect.

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