Jack Ma and President Xi: Back in Business
When it comes to businessmen building empires, the United States has Jeff Bezos, Elon Musk, and Mark Zuckerberg. China had Jack Ma.
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The Potential for Trade War: Trump Proposes Tariffs
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 MoreDupes or Ditch? The Rise of Product Dupes
Many 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 MoreUnfollowed by Uncle Sam: The Fight Between National Security and Personal Freedoms
The 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 MoreAI at War: Chinese DeepSeek Competes Against American ChatGPT
On 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 MoreAttempted Bombing of Brazil Supreme Court
An 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 MoreNFL to Allow Investments from Private Equity Funds
The 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 MoreContinued Economic Disruption Caused by the Israel-Hamas War
The 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 MoreAn End to The Boeing Strike?
One 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 MoreThe November 5 Election Has the Power to Reshape Puerto Rico
Puerto 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.
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