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Shares of electric carmaker Tesla surged 6.5% in the first trading since CEO Elon Musk said his time devoted to the Department of Government Efficiency would "drop significantly" next month, paving the way for his return to the company.

Calling Powell “Mr. Too Late, a major loser” in his post, the president called on the chair to lower interest rates, falsely claiming: “There is virtually No Inflation.” T