Driving Off a Cliff?
Donald Trump’s tariffs will make the U.S. auto industry less competitive and leave the industry out of step with the auto market's shift to EVs.
Federal agents have arrested Bernard L. Madoff, a top Wall Street trader and ex-CEO of of Nasdaq for securities fraud. According to the criminal charges, Madoff is alleged to have defrauded investors of $50 billion in what he confessed to authorities was a "massive Ponzi scheme."
The 70-year-old Madoff faces 20 years in prison and a $5 million fine if convicted. He was released on a $10 million bond.
From the NY Times: