Day: May 30, 2025

U.S. President Donald Trump praised billionaire Elon Musk’s efforts to cut federal spending during a joint press conference in the Oval Office on Friday, as the Tesla CEO departs the administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts.

JPMorgan Chase CEO Jamie Dimon sounded a warning Friday on the fractious US relationship with China — and on “the enemy within.”