On April 9, 2025, China announced a significant escalation in its ongoing trade conflict with the United States, raising tariffs on U.S. goods to a staggering 84%. This move, reported widely across platforms like X and major news outlets such as Reuters and CNBC, comes as a direct retaliation to the U.S. imposing a 104% … Read more
The United States has escalated its trade policies by imposing a staggering 104% tariff on Chinese imports, effective April 9, 2025, alongside tariffs on other countries like Cambodia (49%), Vietnam (46%), and the EU (20%). This move, spearheaded by President Donald Trump, marks a significant intensification of the U.S.-China trade war and has sent shockwaves … Read more
Amazon and TikTok, two of the biggest players in e-commerce and social media, are moving closer toward deeper collaboration. As social commerce continues to reshape online shopping, TikTok and Amazon are leveraging their strengths to create a seamless shopping experience for users. With TikTok’s growing influence on consumer behavior and Amazon’s dominance in e-commerce, their … Read more
Tesla Inc. has recently experienced a sharp decline in its stock value, leaving investors anxious about the company’s future trajectory. On Monday, Tesla’s stock plunged 15.4%, adding to a series of recent losses. Although shares showed a modest recovery of 2.9% in premarket trading on Tuesday, the broader market’s volatility continues to cast uncertainty on … Read more
After more than eight decades of serving craft lovers and DIY enthusiasts, Joann Fabrics is officially closing all its remaining stores. The retail giant, known for its vast selection of fabrics, sewing supplies, and craft essentials, has announced a full shutdown following its second Chapter 11 bankruptcy filing within a year. The Rise and Fall … Read more
Nvidia, the dominant force in AI hardware, recently experienced a significant drop in its share price following the emergence of DeepSeek AI, a Chinese AI startup that demonstrated a revolutionary approach to AI model training. This market reaction has raised several questions: Why did DeepSeek’s breakthrough lead to Nvidia’s stock decline? What does this mean … Read more
As artificial intelligence tools like ChatGPT become an essential part of businesses and personal productivity, many users wonder whether the cost of ChatGPT can be deducted from their taxes. The answer depends on various factors, including the nature of its usage, tax laws in different regions, and IRS guidelines. Let’s break it down to give … Read more
When we talk about a mogul, we refer to a person who has amassed power, influence, and wealth in a particular industry. They are trailblazers, innovators, and leaders who have left an indelible mark on their fields. Below, we’ll explore notable moguls in the tech industry, the qualities that define them, and how one can … Read more
Mumbai, India – Ratan Tata, one of India’s most respected industrialists and philanthropists, passed away at the age of 86. Tata, who led the Tata Group for over two decades, died after being admitted to a hospital on Monday. His passing marks the end of an era for the Indian business landscape, where he had … Read more
JPMorgan Chase shares dropped 7% on Tuesday following comments from the bank’s president, Daniel Pinto, who signaled that analysts’ expectations for the bank’s 2025 net interest income (NII) were too high. This marked the largest single-day decline for the bank since June 2020, according to FactSet. Key Points: What is Net Interest Income (NII)? NII … Read more