The Fed’s Preferred Inflation Measure Cools, Welcome News

The National Highway Traffic Safety Administration, responsible for investigating the role of self-driving technology in Tesla vehicles in a pedestrian's death, laid off 4% of its employees, but remains larger than at the start of the Biden administration. Investigations into Tesla's autonomous driving software, which uses cameras, are ongoing due to accidents possibly caused by poor visibility. Tesla CEO Elon Musk, leading a government efficiency team, has emphasized the importance of self-driving technology for Tesla's...

Tamarind House in St Lucia offers stunning views of the Piton Mountains and the Caribbean Sea, featuring 4 bedrooms, 4 bathrooms, a swimming pool, and 1.2 acres of land for £2.3m. Carbisdale Castle in Scotland boasts 19 bedrooms, 17 bathrooms, and 29 acres of land with a price tag of £5m+. Mount Merino in New York offers a restored Victorian house with 7 bedrooms, 7 bathrooms, and 100.5 acres of land for £5.9m. Full Article

Roula Khalaf, Editor of the FT, selects favorite stories in this free weekly newsletter highlighting potential job cuts in UK government departments focused on attracting investment and promoting exports, despite promises to boost economic growth. Plans for headcount reductions and restructuring are underway, including merging the Office for Investment with the business department's investment directorate, aiming to strengthen regional investment propositions and improve trade performance post-Brexit. The British Chambers of Commerce expresses concerns about potential...

The second Trump presidency has started with mass firings, tariff threats, and budget negotiations, causing uncertainty among investors despite initial market confidence. Extension of tax cuts is expected, but the cost remains a concern, leading to discussions on potential spending cuts. The bond market remains calm amidst trade tensions, as Treasury Secretary Scott Bessent's policies and cost-cutting efforts by Elon Musk's DOGE initiative aim to shape the economic outlook and deficit reduction strategies. Full Article

Elon Musk, CEO of Tesla, is making preparations to enter the Indian automobile market by forming a local subsidiary and establishing relationships with India's prime minister. Despite facing high import tariffs and competition from local manufacturers, Tesla is prospecting for commercial real estate and is hiring for positions in Mumbai and New Delhi. Musk has long expressed interest in India, and with President Trump's support, Tesla may soon be able to sell electric cars in...

Entrepreneur may receive a portion of revenue if you purchase featured products. North One reports that 66.3% of entrepreneurs use personal funds to start businesses. The Ultimate Candlestick Trading & Analysis Master Class Bundle, priced at $24.97 until March 30, offers modules on day trading strategies and access to a supportive trading community led by experienced trader Travis Rose. Full Article