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China Set to Approve Rare Earth Exports to US: A Major Trade Breakthrough

China Set to Approve Rare Earth Exports to US: A Major Trade Breakthrough

BUSINESS - 6/27/2025

In a significant move, China has agreed to approve the export of rare earth minerals to the US, marking a breakthrough in trade negotiations. This deal aims to ease tensions and enhance cooperation between the world's two largest economies.

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.

Nike Faces $1 Billion Cost Surge Due to Trump's Tariff War

Nike Faces $1 Billion Cost Surge Due to Trump's Tariff War

BUSINESS - 6/27/2025

Nike is bracing for a staggering $1 billion cost increase due to tariffs from Trump's trade war, prompting price hikes and a shift in manufacturing. As revenues plunge, can Nike turn things around?

U.S. and China Sign New Trade Agreement Amid Ongoing Negotiations

U.S. and China Sign New Trade Agreement Amid Ongoing Negotiations

BUSINESS - 6/27/2025

In a surprising turn, the U.S. and China have finalized a new trade agreement, with President Trump hinting at future deals with India. The pact aims to ease tensions over rare earth minerals and tariffs, promising a shift in international trade dynamics.

U.S. and China Forge New Trade Framework: What It Means for Rare Earth Exports

U.S. and China Forge New Trade Framework: What It Means for Rare Earth Exports

BUSINESS - 6/27/2025

The U.S. and China have agreed on a new trade framework that could ease tech restrictions and allow rare earth exports. Despite optimism, experts urge caution as key details remain unclear.

Nike Warns Trump Tariffs Could Spike Costs by $1 Billion This Year

Nike Warns Trump Tariffs Could Spike Costs by $1 Billion This Year

BUSINESS - 6/27/2025

Nike announces that President Trump's tariffs may increase its costs by $1 billion this year, prompting the company to shift production away from China. Amidst fluctuating trade policies, what does this mean for sneaker prices?

Asian Markets React as Trump Hints at Fed Chair Shake-Up

Asian Markets React as Trump Hints at Fed Chair Shake-Up

BUSINESS - 6/26/2025

Asian stocks are on shaky ground as President Trump considers replacing Fed Chair Jerome Powell, raising concerns about the central bank's independence and market stability. With looming tariffs and inflation fears, investors are on high alert.

Federal Reserve Chair Powell Warns of Inflation Risks from Trump's Tariff Plans

Federal Reserve Chair Powell Warns of Inflation Risks from Trump's Tariff Plans

BUSINESS - 6/26/2025

Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.

Wall Street Mixed as Fed Signals Caution Amid Geopolitical Tensions

Wall Street Mixed as Fed Signals Caution Amid Geopolitical Tensions

BUSINESS - 6/25/2025

Wall Street's main indexes showed mixed results as the market reacts to Fed Chair Jerome Powell's cautious remarks and geopolitical tensions ease between Israel and Iran. FedEx and General Mills face profit forecast challenges.

Philips Hue Price Hike: What You Need to Know About Upcoming Increases

Philips Hue Price Hike: What You Need to Know About Upcoming Increases

TECHNOLOGY - 6/25/2025

Philips is raising prices on its Hue smart lighting series starting July 1 due to tariffs, urging customers to purchase now. Future increases are likely as tariffs loom.

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