Mattel, the maker of Barbie, plans to increase the prices of some toys in the US due to rising costs from President Donald Trump’s tariffs. The company also […]
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Ford Suspends Financial Guidance Due to $1.5 Billion Impact from Trump’s Tariffs
Ford Motor Co. has suspended its full-year financial guidance, citing President Donald Trump’s auto tariffs as a significant factor affecting its profits. The company anticipates that these tariffs […]
Economy
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Treasury Secretary Bessent Appeals to Investors at Milken Conference
Treasury Secretary Scott Bessent outlined President Donald Trump’s “America First Vision” during a speech at the Milken Institute Global Conference, appealing to global investors. Bessent emphasized the administration’s […]
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Ford Warns of $1.5 Billion Profit Loss Due to Tariffs in 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 […]
Technology
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Crypto-Millionaire’s Father Rescued After Ransom Incident
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 […]
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Chinese Exporters Mislabel Cargo to Avoid Trump’s Tariffs
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 […]
Real Estate
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Elon Musk Faces Neighborhood Dispute in Austin Suburb
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 […]
Markets
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Taiwan Dollar’s Record Surge Reflects Trade War Jitters
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
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Thune Open to Modifying Senate Crypto Bill to Gain Democratic Support
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
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Dollar’s Decline Echoes 90s Asian Currency Crisis, Impacting Stocks
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 […]