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Elon Musk has played down the achievements of the Department of Government Efficiency (DOGE), the cost-cutting initiative he headed for US President Donald Trump, saying the unit managed only limited gains before it folded. Speaking on a podcast with former Trump official Katie Miller on Tuesday (local time), the Tesla chief said the experience is…
Tesla CEO Elon Musk has finally opened up about his brief and controversial leadership of the Department of Government Efficiency (DOGE), a Trump administration initiative which was created to bring down federal spending. As reported by Reuters, speaking at a recent podcast interview, Elon Musk described the project as ‘a little bit’ and ‘somewhat successful’…
Mark Zandi, chief economist at Moody’s Analytics feels that the US economy may be teetering on the edge of recession. In an interview with Business Insider, Zandi revealed that the combination if policy missteps and speculative market behaviour including the rise of meme assets like Dogecoin (DOGE)—as key contributors to the slowdown. “The reason why…
