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Consumer spending in the United States rose in February, but fell short of expectations as households cut back on dining and travel amid rising costs and economic uncertainty. The data suggests American households remain cautious about non-essential purchases, with spending on restaurants, hotels, and motels dropping sharply.

Elon Musk's political activities, including his support for President Trump, have sparked significant backlash, leading to a decline in Tesla sales and protests against the company. Despite some benefits, such as FCC approval for SpaceX's Starlink unit, the negative impact on Tesla's brand and sales highlights the potential risks for CEOs who choose to engage in politics.

Apple Inc. (AAPL) experienced a week of significant leadership changes, new product features, and challenges on multiple fronts. The tech giant took steps to solidify its market position and address emerging issues, including promoting Vanessa Trigub to vice president of stores and retail operations, introducing an alarm feature in watchOS 11.4, and focusing on reviving the struggling Siri assistant.

President Donald Trump remains undeterred by potential price hikes in the auto industry in response to his new tariffs on foreign-made vehicles, believing they will ultimately benefit the American auto industry and steer consumers towards American-made cars. Despite concerns about inflation, Trump anticipates that consumers will be willing to pay more for American-made vehicles, leading to increased demand and production.

YouTube star MrBeast, during a podcast with Meta CEO Mark Zuckerberg, highlighted the importance of multilingual content and the potential of AI-generated dubbing to enhance viewer retention. Zuckerberg acknowledged the issue and agreed that AI could be a potential solution, recognizing the need to improve Meta's multilingual content reach to compete effectively in the global social media landscape.