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DOGE trumpets unemployment fraud that the government already found years ago

The latest government waste touted by billionaire Elon Musk's cost-cutting Department of Government Efficiency is hundreds of millions of dollars in fraudulent unemployment claims it purportedly uncovered. One problem: Federal investigators already found what appears to be the same fraud, years earlier and on a far greater scale. In a post last week on X, the social media site Musk owns, DOGE announced “an initial survey of unemployment insurance claims since 2020” found 24,500 people over the age of 115 had claimed $59 million in benefits; 28,000 people between the ages of 1 and 5 collected $254 million; and 9,700 people with birthdates more than 15 years in the future garnered $69 million from the government.

Analysis-Brazil auto market offers warning for US tariff policy

When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars. As the U.S. auto industry confronts major tariffs imposed by President Donald Trump, executives and analysts are drawing parallels with Brazil, once the world's fourth-largest auto market and now a case study in the dangers of protectionism. Philipp Schiemer, former head of Mercedes-Benz in Brazil and Latin America, learned some of those lessons the hard way as he opened a plant in Sao Paulo making luxury cars, which was shut down in 2020.