ibt-mailNov 21, 2024, 10:09 AM

Musk Reveals His Plans As Trump's 'Efficiency' Czar

Newsletter Nov 21, 2024 Quick Six Musk discusses his plans as Trump's new 'efficiency' czar Elon Musk outlined plans Wednesday for his role as "efficiency" czar -- signaling an

Newsletter Nov 21, 2024

Quick Six

Musk discusses his plans as Trump's new 'efficiency' czar
Elon Musk outlined plans Wednesday for his role as "efficiency" czar -- signaling an assault on federal spending and staffing that would be backed by President-elect Donald Trump's executive powers and a conservative Supreme Court. Writing in the Wall Street Journal, the world's richest man said he was taking aim at hundreds of billions of dollars in government spending -- including funding for public broadcasting and international aid -- as well as at bureaucracy that represents an "existential threat" democracy.
WHAT MUSK SAID ABOUT SHARING JOB WITH RAMASWAMY

Nvidia delivers massive revenue boost powered by AI chips
US chipmaking behemoth Nvidia said Wednesday it made a $19 billion profit on record high revenue last quarter as demand continued for its hardware to power artificial intelligence. Nvidia reported quarterly sales of $35.1 billion, some $2 billion more than market expectations. CEO Jensen Huang said that Nvidia's keenly anticipated Blackwell processing platform is in full production and the company is seeing "incredible demand" for the new offering along with current-generation Hopper processors.
SEE HOW AI IS TRANSFORMING THE MICROCHIP INDUSTRY

Fed member issues dire warning about future of inflation
A member of the Board of Governors of the Federal Reserve System warned that inflation progress appears to have slowed and could put expected interest rate cuts in jeopardy. Michelle W. Bowman made the statement on Wednesday morning meeting, where she dissented on the size of the September rate cut and continues to worry about the risks of cutting too much too quickly.
SEE WHY BOWMAN BELIEVES INFLATION IS STILL AN ISSUE

You Might Like

Markets

DJIA	43,408.47	0.32%
S&P 500	5,917.11	0.00%
Nasdaq Composite	18,966.14	-0.11%
Japan: Nikkei 225	38,033.22	-0.83%
UK: FTSE 100	8,085.07	-0.17%
Crude Oil Futures	68.95	-0.63%
Gold Futures	2,654.00	0.09%
Yen	154.99	-0.28%
Euro	1.06	0.04%
* As of market close

GOP votes to withhold Gaetz ethics report

All five Republicans on the House Ethics Committee voted to withhold publicizing its long-running report from a years-long investigation into a slew of allegations, including sexual misconduct, illicit drug use, and accepting improper gifts, against former Rep. Matt Gaetz. However, the committee will finish its investigation before reconvening in December. Gaetz has been under scrutiny since President-elect Donald Trump appointed him attorney general, a decision that has drawn ire on both sides of the aisle while Trump pressures the Senate to confirm his pick.

WHY THE VOTE TOOK MULTIPLE ROUNDS TO PROTECT GAETZ

Dems OK judges during Trump launch trip

President-elect Donald Trump is furious after Senate Republicans, distracted by a SpaceX trip with key members of their caucus, missed crucial votes that allowed Democrats to confirm more of President Joe Biden's judicial nominees. As Biden's presidency winds down, Dems are racing to confirm judicial nominees before Republicans take control of the Senate in January. Historically, judicial confirmations have proven to be a top priority for both parties, with Trump appointing 234 federal judges and three Supreme Court justices during his first term.

SEE WHICH SENATORS ARE TAKING HEAT FOR MISSING VOTES

Russia gives 75 animals to North Korea zoo

Russian President Vladimir Putin found a unique way to thank North Korean leader Kim Jung Un for sending thousands of troops to fight Ukraine -- by sending dozens of exotic animals to Pyongyang. Russia airlifted 75 animals from the Moscow Zoo to the Pyongyang Zoo, including a lion, bears, yaks, and a variety of bird species. The gifts reflect a growing level of cooperation between the two outlaw nations.

WATCH VIDEO OF THE ANIMALS SCRATCHING AT THEIR CAGES

Extra point

What are the only two states in the U.S. that do not contain a zoo?

Wednesday's answer: The first time the number of air travelers in the United States surpassed the number of train passengers was 1955.

In partnership with Luxe Bidet (2GoProducts LLC) [Listicle-IBT US].

Pamper Yourself & Upgrade Your Bathroom With Luxe Bidet

"Your bed and bath spaces are more than just functional areas—they're your personal sanctuaries for relaxation and self-care. Check out how items like the LUXE Bidet NEO 185 Plus can elevate that calming experience after a long day!"

IBTimes will always protect your security and privacy. Please read our detailed Privacy Policy. Please do not reply to this email. Click here to adjust your notification preferences or unsubscribe.

IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States

You may unsubscribe or change your contact details at any time.

Latest Emails from ibt-mail

ibt-mail

Jan 16, 2025, 1:01 PM

$XRP Shakes Off SEC Ripple Appeal, Tops $3 For The First Time In 7 Years

Newsletter Jan 16, 2025 $XRP Shakes Off SEC Ripple Appeal, Tops $3 For The First Time In 7 Years $XRP has once again hit a new milestone, breaking $3 for the first time in since 2018 even as the SEC

Read full newsletter →

ibt-mail

Jan 16, 2025, 9:56 AM

Celebrations Erupt In Gaza After US Helps Broker Ceasefire

Newsletter Jan 16, 2025 Quick Six Celebrations erupt in Gaza after US helps broker ceasefire Qatar and the US announced a ceasefire and hostage-release deal between Israel and Hamas on Wednesday,

Read full newsletter →

ibt-mail

Jan 16, 2025, 5:44 AM

Outrage As LA Millionaires Pay Up To $10,000 Daily For Private Firefighters To Protect Their Homes

Newsletter Jan 16, 2025 Welcome to your January 16 newsletter... Wealthy Los Angeles residents are reportedly paying up to $10000 a day for private firefighters to protect their homes, sparking outrage

Read full newsletter →

ibt-mail

Jan 15, 2025, 12:45 PM

Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order

Newsletter Jan 15, 2025 Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order Bitcoin climbed above $97000 Tuesday night amid a report that Donald Trump will sign an executive

Read full newsletter →

ibt-mail

Jan 15, 2025, 9:56 AM

Ban Or Buyout? The Clock Is Ticking On TikTok In The US

Newsletter Jan 15, 2025 Quick Six Ban or buyout? The clock is ticking on TikTok ban in the US TikTok faces an imminent shutdown in the US after Congress passed a law last year forcing Chinese owner

Read full newsletter →

ibt-mail

Jan 15, 2025, 6:05 AM

UK Industries Brace For £2.5B Blow From Trump's Tariff Threats: Which Sectors Are At Risk?

Newsletter Jan 15, 2025 Welcome to your January 15 newsletter... The UK could face a £2.5 billion blow as Donald Trump's tariff threats target major industries like automotive, agriculture, and

Read full newsletter →

ibt-mail

Jan 14, 2025, 1:16 PM

The Case For Altcoin Recognition: Crypto Users Believe These Coins Are Undervalued

Newsletter Jan 14, 2025 The Case For Altcoin Recognition: Crypto Users Believe These Coins Are Undervalued In the wild world of crypto, some altcoins have made significant progress than others – at

Read full newsletter →

ibt-mail

Jan 14, 2025, 9:46 AM

Biden Pushing For Gaza Ceasefire, Hostage Deal Before Week's End

Newsletter Jan 14, 2025 Quick Six Biden pushing for Gaza deal before his administration ends A Gaza truce and hostage release deal is close and could be finalized in the final week of President Joe

Read full newsletter →

ibt-mail

Jan 14, 2025, 5:51 AM

Shark Tank's Mark Cuban Prefers Bitcoin Over Gold During a Major Economic Crisis

Newsletter Jan 14, 2025 Welcome to your January 14 newsletter... Mark Cuban, known from Shark Tank, believes Bitcoin is a better option than gold during an economic crisis. He views Bitcoin as a

Read full newsletter →

ibt-mail

Jan 13, 2025, 12:44 PM

$UFD – Crypto Whales Are Betting On This Memecoin, Creator Gets MoonPay Nod

Newsletter Jan 13, 2025 $UFD – Crypto Whales Are Betting On This Memecoin, Creator Gets MoonPay Nod Unicorn Fart Dust was created by a YouTuber who lost sponsorships since the memecoin's launch,

Read full newsletter →

ibt-mail

Jan 13, 2025, 9:37 AM

Trump Slams Handling Of LA Wildfires As Wind Fuels Flames

Newsletter Jan 13, 2025 Quick Six Trump slams handling of LA wildfires as wind fuels flames President-elect Donald J. Trump escalated his criticism of the officials managing the Los Angeles wildfires,

Read full newsletter →

ibt-mail

Jan 13, 2025, 5:45 AM

Elon Musk Posts 'DEI Means DIE' As California Burns After Officials Spent $500M On DEI Initiatives

Newsletter Jan 13, 2025 Welcome to your January 13 newsletter... Elon Musk posted "DEI means DIE" amid wildfires in California, criticizing the state's $500M investment in Diversity,

Read full newsletter →