The US Department of Justice has warned Elon Musk’s political action committee, America Pac, that its $1 million daily giveaway to registered voters may violate federal law. Musk, a supporter of Republican candidate Donald Trump, is offering prizes to voters who sign a petition supporting free speech and gun rights. Musk has donated millions to America Pac and is matching donations to the Trump campaign raised via text message drives.
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This Is, Officially, the 3rd Priciest Stock Market in Over 150 Years — and There's No Mistaking What Comes Next for Stocks, Based on History
Investors have faced significant volatility in the first seven months of the year, highlighted by the S&P 500's steepest two-day decline since 1950 and the Nasdaq entering a bear market for the first time in three years. However, since April 8, both indexes have rebounded to record highs, while the Dow Jones Industrial Average approaches its first all-time high since December, suggesting a strong bull market despite historical caution. Want More Context? 🔎
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