Starting this Friday, American shoppers will face higher prices and increased import procedures as the U.S. government ends a key tariff exemption for Chinese goods from mainland China and Hong Kong. Known as the de minimis exemption, this policy has allowed items valued under $800 to enter the country without tariffs or detailed customs paperwork …
News
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NEC Corporation has announced an investment in the "Geodesic Alliance Fund, L.P.," a venture capital fund managed by U.S.-based Geodesic Investments. This move aims to enhance NEC’s business initiatives in key sectors related to economic security, such as space technology, submarine communications cables, cybersecurity, and national defense. In the…
In a recent interview with Barron’s, Barry Ritholtz, chairman of Ritholtz Wealth Management, advised investors to avoid making emotional decisions amid growing trade tensions. With markets fluctuating due to President Donald Trump’s unpredictable tariff policies, Ritholtz emphasized the importance of maintaining a long-term perspective. Drawing ins…
Procter and Gamble (P&G), the consumer goods giant behind brands like Tide, Gillette, and Olay, has revised its annual sales forecast downward due to what it described as “challenging and volatile” market conditions. In a statement released Thursday, the company said it now expects organic sales growth of approximately 2% for the fiscal year en…
EA Sports has officially announced that College Football 26 will launch on July 10, 2025, marking the latest chapter in its revived college football video game franchise. This announcement follows the massive success of College Football 25, which hit shelves in 2024 and marked the return of the beloved series after an 11-year hiatus. The previous e…
A prominent Georgia pastor is escalating his protest against the retail giant, calling for a full-scale target boycott in response to what he views as the company’s backpedaling on diversity, equity, and inclusion (DEI) initiatives. The Rev. Jamal Bryant, leader of New Birth Missionary Baptist Church in Stonecrest, Georgia, originally launched a 40…
The U.S. financial markets have found themselves in turbulent waters as President Donald Trump trade war impacts send shockwaves through the global economy. Despite a slight market rebound on Tuesday, investors remain wary, and alarm bells continue to sound across asset classes. The Dow Jones Industrial Average, one of the most closely watched indi…
Global logistics giant DHL Express has announced a temporary suspension of international shipments destined for U.S. consumers with a declared value exceeding $800. The pause, which took effect on April 21, 2025, comes in response to a dramatic increase in customs clearance requirements triggered by recent changes in U.S. trade regulations. The com…
A Simple Crypto Transfer Goes Wrong
What began as a casual venture into cryptocurrency turned into a financial setback for Tzoni Raykov, an oil engineer who lost $1,500 worth of digital coins due to unclear instructions on the Revolut platform. A long-time user of Revolut for everyday payments, Raykov had recently begun exploring its crypto feat…
Major Identity Verification Change Announced
Starting this April, all Social Security beneficiaries—both new and current—will be required to verify their identities in person at Social Security Administration (SSA) offices to continue receiving monthly payments. This significant change marks a departure from the previous system, which allowed re…
Latest News
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Salesforce, once a dominant force in the software-as-a-service sector, has seen its influence waver amid rapid advancements i…
Elf Beauty has announced its acquisition of Rhode, the beauty and skincare brand founded by Hailey Bieber, in a deal valued a…
Sam Corcos, a prominent figure in the health technology sector, has taken on a new challenge as a special advisor to the Depa…
Rafael Nadal, often hailed as one of the greatest players in tennis history, officially retired in 2024, concluding a career …
A Tokyo Houston flight operated by All Nippon Airways (ANA) was forced to divert to Seattle after a passenger attempted to op…