Late last week, Donald Trump stated that he is planning on proportioning taxes that are applied on U.S. goods by other countries, per The Associated Press. These corresponding tariffs have so far been solely addressed in statements, with no order yet made. However, the possibility of a trade war between the U.S. and its trade partners, including close allies, is greatly increasing.
Read MoreMany clothing enthusiasts regard the famous Hermes handbag, the Birkin bag, as the pinnacle of luxury fashion. The bag, which often sells for more than $30,000, is priced so high due to its quality, but more importantly, its demand, Sotheby’s, a luxury brand broker, writes. However, the famous accessory has a more affordable competition: the “Walmart Birkin Bag,” or “Wirkin,” as it is affectionately dubbed, according to Tribune.
Read MoreThe battle over TikTok in the United States has reached a pivotal moment, with the popular social media app now officially banned following a Supreme Court decision that upheld a law mandating its sale or shutdown. The move has sparked a heated debate over national security concerns and personal freedoms, leaving millions of American users in limbo.
Read MoreOn January 27, Wall Street was upended by an unprecedented event: Nvidia’s stock crashed by 17 percent, wiping out $589 billion in market value in a single day, the largest loss of a company in United States history. The catalyst behind the sudden crash was the announcement of DeepSeek, a Chinese startup that has developed a generative artificial intelligence (AI) model that is cheaper and more resource-efficient than its American counterpart, ChatGPT.
Read MoreAn individual attempted to destroy Brazil’s Supreme Court building in November 13, raising concerns of radicalism and security amid the upcoming G20 conference. According to The Associated Press, a man attempted to enter the Supreme Court building but could not.
Read MoreThe National Football League (NFL) owners voted to allow private equity funds to buy limited stakes in teams on August 27, according to the NFL. Fans will not see immediate changes in the way teams are run, but the change is likely to affect existing NFL owners and future sales of teams, the NFL writes.
Read MoreThe current Israel-Hamas conflict has been going on for a little more than a year now, starting on October 7, 2023. This conflict has created significant uncertainty in global markets, resulting in volatile energy prices, particularly in the Middle East, a key oil and gas producer.
Read MoreOne of the largest manufacturers in the United States, the Boeing Corporation, faced one of the most significant strikes in its history for the past seven weeks. Boeing employees began their strike on September 13 after 33,000 employees rejected a previously proposed deal, NPR reports. While many expected the strike to continue longer, an end was in sight.
Read MorePuerto Rico’s upcoming November 5 election has the potential to reshape the island’s political future. Whether this will be a moment of change or simply another missed opportunity hinges on one key factor: voter turnout.
Read MoreThe entry of a young generation into the workforce is not a new phenomenon. However, Generation Z, which comprises Americans born between 1997 and 2012, presents unique challenges within a dynamic labor market.
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