Trump, Iran and gas prices
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Caitlin O'Kane is a New York City journalist who works on the CBS News social media team as a senior manager of content and production. She writes about a variety of topics and produces "The Uplift," CBS News' streaming show that focuses on good news.
President Trump's image has long been synonymous with his outspoken social media presence. Here's how his posts have evolved over the years.
Trump Media & Technology, which owns Truth Social, has diversified far away from its original social media mandate into cryptocurrency, finance, even nuclear power. Investors are still fleeing. The stock is down more than 60% since Donald Trump was reelected president in November 2024, wiping out $6 billion in shareholder wealth.
Elon Musk’s attorneys said the SEC initially sought $200 million for his failure to properly disclose his growing stake in Twitter, later renamed X.
The Trump administration is letting Elon Musk pay a $1.5 million fine to settle a lawsuit that originally sought at least $150 million. If approved by a federal court, the proposed settlement submitted yesterday would require a trust in Musk’s name to pay a $1.
The penalty ends a long‑running SEC fight over Musk’s Twitter stock disclosure — and leaves bigger legal questions unresolved.