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Ford Warns of $1.5 Billion Profit Loss Due to Tariffs in 2025
Uncategorized

Ford Warns of $1.5 Billion Profit Loss Due to Tariffs in 2025

Posted on: May 6, 2025

Ford Motor Company announced that the Trump administration’s tariff policies are expected to reduce its 2025 profit, before interest and taxes, by approximately $1.5 billion. The company also […]

Crypto-Millionaire’s Father Rescued After Ransom Incident
Technology

Crypto-Millionaire’s Father Rescued After Ransom Incident

Posted on: May 6, 2025

The father of a crypto-millionaire was successfully rescued after being held captive for ransom. During the ordeal, his captors severed one of his fingers. Law enforcement agencies worked […]

Uncategorized

Chinese Exporters Mislabel Cargo to Avoid Trump’s Tariffs

Posted on: May 6, 2025

Some Chinese exporters have been found to mislabel or undervalue their cargo in an attempt to bypass the tariffs imposed by the Trump administration. This practice aims to […]

Elon Musk Faces Neighborhood Dispute in Austin Suburb
Real Estate

Elon Musk Faces Neighborhood Dispute in Austin Suburb

Posted on: May 6, 2025

Elon Musk, despite his large following, has faced resistance from residents of the affluent West Lake Hills suburb in Austin, Texas, according to the New York Times. A […]

Taiwan Dollar’s Record Surge Reflects Trade War Jitters
Markets

Taiwan Dollar’s Record Surge Reflects Trade War Jitters

Posted on: May 6, 2025

An unprecedented two-day rally in Taiwan’s currency reflects growing unease in markets amid U.S. President Donald Trump’s trade war. Taiwan, a key manufacturer of high-end computer chips and […]

Technology

Thune Open to Modifying Senate Crypto Bill to Gain Democratic Support

Posted on: May 6, 2025

Senator John Thune has indicated openness to revising the Senate’s cryptocurrency bill in order to secure Democratic backing. This comes amid turmoil surrounding the Senate crypto bill, with […]

Markets

Dollar’s Decline Echoes 90s Asian Currency Crisis, Impacting Stocks

Posted on: May 6, 2025

The recent decline of the U.S. dollar has drawn comparisons to the 1990s Asian currency crisis, raising concerns about potential impacts on stock markets. The USD/TWD exchange rate […]

Mattel Warns Barbie Prices May Increase Due to Tariffs
Uncategorized

Mattel Warns Barbie Prices May Increase Due to Tariffs

Posted on: May 6, 2025

Last week, President Donald Trump suggested that his trade policies could lead to higher prices for children’s toys, including dolls. Mattel, the manufacturer of Barbie, announced plans to […]

National Small Business Week, 2025
Economy

National Small Business Week, 2025

Posted on: May 6, 2025

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION Small businesses are the backbone of our economy, fostering innovation and producing goods that maintain America’s strength, […]

Rite Aid Files for Bankruptcy; Stores to Close or Be Sold
Uncategorized

Rite Aid Files for Bankruptcy; Stores to Close or Be Sold

Posted on: May 6, 2025

Rite Aid Corporation has announced plans to either close or sell all its stores following a bankruptcy filing. According to reports, funding from investors was insufficient, and the […]

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