On June 3, 2025, U.S. stock indexes saw modest gains, despite ongoing concerns surrounding the economic effects of President Donald Trump’s tariffs. The S&P 500 rose by 0.6% to 5,970.37, …
Business & Economy
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On June 2, 2025, Alphabet Inc., Google’s parent company, announced a preliminary settlement in a shareholder derivative lawsuit, agreeing to invest at least $500 million over the next decade to …
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WASHINGTON — President Donald Trump has postponed the implementation of a proposed 50% tariff on European Union (EU) imports, extending the deadline from June 1 to July 9, 2025. The …
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Business & Economy
Jamie Dimon Urges U.S. to Address Domestic Challenges Amid Escalating Trade Tensions with China
At the 2025 Reagan National Economic Forum in Simi Valley, California, JPMorgan Chase CEO Jamie Dimon delivered a candid assessment of the United States’ economic and geopolitical standing. He emphasized …
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On May 30, 2025, the U.S. Labor Department released its latest employment report, revealing that the American economy added a surprising 320,000 new jobs in May—well above analysts’ projections amid …
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The U.S. labor market exhibited notable resilience in May 2025, with the Department of Labor reporting the addition of 280,000 new jobs—surpassing many economists’ forecasts. This steady job growth reflects …
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A U.S. federal court has ruled that former President Donald Trump’s “liberation day” tariffs exceed his authority under the International Emergency Economic Powers Act (IEEPA), invalidating the controversial tariffs imposed …
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Moody’s Investors Service downgraded the U.S. sovereign credit rating on May 16, 2025, citing escalating concerns over the country’s long-term fiscal stability. The move reflects growing unease about persistent federal …
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As escalating tariff tensions and ongoing macroeconomic instability continue to weigh heavily on global markets, several major corporations have been forced to scale back or withdraw their financial forecasts for …
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In May 2025, U.S. business activity saw a notable increase as companies accelerated purchasing to get ahead of anticipated tariff hikes. According to analysts at S&P Global Market Intelligence, input …