Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter Tesla reported a disappointing first quarter, delivering 358,023 vehicles worldwide, falling short of Wall Street expectations of about 372,000, according to Bloomberg-compiled estimates and the company’s own release. The miss marks Tesla’s second consecutive quarter below forecasts, underscoring continued pressure on its core automotive business as it navigates slowing electric-vehicle demand and a more competitive global market. Despite the shortfall, deliveries were still up 6.3% year over year, benefiting from an easier comparison period when production of the...

Days ahead of another round of talks with US negotiators — and on the heels of more saber-rattling by the Trump administration — Iran is touting the potential mutual economic benefits of a deal that would terminate the West’s long-running sanctions regime against the second-largest and second-most-populous country in the Middle East.   “For the sake of an […]

9th Circuit Kills California's ICE Unmasking Law The 9th Circuit Court of Appeals handed the Trump administration a significant legal victory Wednesday, issuing a formal injunction blocking California's No Vigilantes Act from being enforced against federal law enforcement officers. The court ruled that the state law - which required non-uniformed federal agents to visibly display identification while performing their duties - likely violates the Supremacy Clause of the U.S. Constitution. Carlin Stiehl/Los Angeles Times via Getty Images The No Vigilantes Act, part of a two-bill package signed by Gov. Gavin Newsom in...