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U.S. Prepares to Reinstate Steep Tariffs on Trading Partners

U.S. Prepares to Reinstate Steep Tariffs on Trading Partners

BUSINESS - 7/6/2025

In a move that could shake markets, Treasury Secretary Scott Bessent announced that steep tariffs will resume on August 1 unless countries negotiate better terms. President Trump is sending letters to trading partners, urging swift action.

This Week in Business: Tariff Deadlines, Amazon Prime Day, and Key Earnings Reports

This Week in Business: Tariff Deadlines, Amazon Prime Day, and Key Earnings Reports

BUSINESS - 7/6/2025

This week is packed with significant economic events, including the U.S. tariff deadline and Amazon's extended Prime Day sale. Investors are keenly watching for earnings reports from Delta and Conagra, along with crucial economic data.

OPEC+ Surprises Markets with Aggressive Oil Production Increase

OPEC+ Surprises Markets with Aggressive Oil Production Increase

BUSINESS - 7/5/2025

OPEC+ is set to ramp up oil production more quickly than anticipated, as the alliance led by Saudi Arabia responds to robust summer demand. This move aims to reclaim market share and unwind recent output cuts a year ahead of schedule.

Jurassic World Rebirth Roars to $56.5M Global Opening Day!

Jurassic World Rebirth Roars to $56.5M Global Opening Day!

ENTERTAINMENT - 7/4/2025

Jurassic World Rebirth has taken the international box office by storm, raking in $26M from 38 markets on its opening day, plus $30.5M domestically for a grand total of $56.5M globally. China leads with a record $9.9M launch!

The Looming Debt Crisis: How Trump's Tax Bill Could Spark Economic Catastrophe

The Looming Debt Crisis: How Trump's Tax Bill Could Spark Economic Catastrophe

BUSINESS - 7/4/2025

Economists warn that Trump's massive tax cuts could exacerbate the U.S. debt crisis, potentially leading to higher interest rates and a doom loop that threatens economic stability. Learn why experts are concerned about the future.

US Job Market Surprises: ADP vs BLS Discrepancy Raises Eyebrows

US Job Market Surprises: ADP vs BLS Discrepancy Raises Eyebrows

BUSINESS - 7/4/2025

The latest ADP jobs report shows a surprising decline in private sector jobs, while BLS reports a surge in overall employment. What does this mean for job seekers and the economy? Read on to uncover the discrepancies and the political implications!

Alibaba Eyes $1.53 Billion to Expand Cloud and Commerce Operations

Alibaba Eyes $1.53 Billion to Expand Cloud and Commerce Operations

BUSINESS - 7/4/2025

Alibaba Group is set to raise approximately HK$12 billion through exchangeable bonds to enhance its global cloud services and commerce ventures. The tech giant is making significant moves amidst fluctuating markets and economic data.

Trump's Dilemma: Will Jerome Powell Stay at the Fed?

Trump's Dilemma: Will Jerome Powell Stay at the Fed?

BUSINESS - 7/3/2025

As President Trump considers potential replacements for Jerome Powell, uncertainty looms over whether Powell will step down next year. With his term ending in May, Trump may need to prepare for various scenarios.

European Stocks Surge Amid Optimism in U.S.-China Trade Talks

European Stocks Surge Amid Optimism in U.S.-China Trade Talks

BUSINESS - 6/27/2025

European stock markets opened higher as optimism grows over U.S.-China trade talks and a ceasefire between Iran and Israel, while the dollar hits a three-year low. Traders are betting on potential U.S. rate cuts.

Apple's New App Store Fees: What Developers Need to Know

Apple's New App Store Fees: What Developers Need to Know

TECHNOLOGY - 6/27/2025

Apple is adjusting its App Store fees, introducing a 20% processing fee for developers, while those directing users to external payment options face lower rates. These changes come as Apple seeks compliance with EU regulations following hefty fines.

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