China Slaps 125% Tariff on U.S. Goods, Raising Global Trade Tensions
China responds to Trump’s 145% tariff with 125% duties on U.S. goods, intensifying the trade standoff and rattling markets worldwide.
Breaking News
View All
Latest Breaking News Articles
Prada Acquires Versace for $1.4 Billion Despite Tariff Turmoil
In a bold move signaling a major shift in strategy, Prada has sealed a $1.38 billion deal to acquire fellow Italian fashion icon Versace from Capri Holdings, even as global markets reel from U.S. tariff shocks.
OpenAI Countersues Musk, Alleging ‘Harassment’ and “Sham Bid”
OpenAI battles Elon Musk in court, alleging harassment and “sham” takeover bids as the ChatGPT creator defends its for-profit transition and soaring valuation.
Helicopter Crashes into Hudson River, Killing Six Including Spanish Tourist Family
A tragic helicopter crash over New York City has claimed six lives, including a family of five Spanish tourists and the pilot, after the aircraft broke apart midair and plunged into the Hudson River Thursday afternoon.
Dow Surges 2,000 Points After Surprise Tariff Pause Announcement by Trump
Trump slaps 125% tariffs on China, then issues a 90-day pause for other nations, spurring a sudden market rally and setting off high-stakes trade talks.
China Ups Retaliatory Tariffs to 84%, Shaking Global Markets Yet Again
China hikes tariffs on U.S. goods to 84% in retaliation, rattling stocks and sparking fresh fears that global trade tensions could tip economies into chaos.
How to Optimize Your Collections Process and Boost Cash Flow
Managing accounts receivable effectively is crucial for maintaining a healthy cash flow. A streamlined collections process ensures that payments are received on time, reducing outstanding invoices and minimizing financial risks. If your business struggles with late payments, it’s time to optimize your collections strategy.
RFK Jr. to Urge CDC to End National Fluoride Recommendation
U.S. Health Secretary Robert F. Kennedy Jr. announced plans to advise the CDC to stop recommending the fluoridation of public drinking water nationwide. The move, revealed during a press conference in Utah, marks a major shift in federal health policy and comes as the Environmental Protection Agency begins reviewing new scientific data on potential fluoride-related health risks.
IKEA Launches Its Largest STOCKHOLM Collection Yet—Debuting April 10 in Canada
IKEA Canada has officially announced the launch of its biggest STOCKHOLM collection to date, arriving in stores and online starting April 10, 2025. The STOCKHOLM 2025 line includes 96 carefully designed pieces across furniture, lighting, textiles, and decor.
Where to Buy Amazon Mystery Box? 11 Best Online Stores
Every year, Amazon sells billions of products in the US. And every year, this retail giant has tons of overstock, shelf-pulls and returns that they need to offload fast. That’s where liquidators come into play. They take these items and sell them to resellers and everyday people at a fraction of the cost. Many of them offer mystery boxes that can contain anything Amazon sells, from electronics to apparel and home goods.
Meta Unveils Llama 4 Herd: The Next Leap in Multimodal AI
Meta’s Llama 4 series redefines multimodal AI with MoE architecture, huge context windows, and open access—paving the way for the next wave of innovation.
Global Markets Enter Third Day of Heavy Losses
Markets worldwide plunge for a third consecutive day, sparked by weak economic forecasts, falling oil prices, and the effects of new U.S. import tariffs.
Amazon’s Surprise TikTok Bid: A Last-Minute Play for the Video Sensation
Amazon tries to snap up TikTok’s U.S. operations before the April deadline, igniting fresh debate on the app’s fate and fueling last-minute bidding chaos.
China Slaps New 34% Tariff on U.S. Goods, Raising Trade War Stakes
China announced a fresh wave of tariffs totaling 34% on U.S. goods, marking the most severe escalation yet in an intensifying trade conflict with President Donald Trump.
U.S. Surprises with 228K New Jobs, Topping All Expectations
U.S. employers add 228K jobs in March, surprising economists as unemployment ticks up slightly, signaling a growing labor force and cautious optimism.
‘Minecraft Movie’ Rakes in $10.55M in Previews, Aims for $70M+ Opening
The highly anticipated “Minecraft Movie” kicked off its theatrical run by earning $10.55 million in Thursday previews, with domestic box office projections ranging from $65 million to as high as $90 million for the weekend. Internationally, Warner Bros. estimates a haul of at least $65 million, putting the worldwide debut at potentially $135 million to $150 million.
Ontario’s Minimum Wage Set to Increase from $17.20 to $17.60 on October 1
Starting October 1, Ontario’s new minimum wage of $17.60 will go into effect, representing a modest increase of $0.40 from the current $17.20 rate. Although the margin seems small, workers earning minimum wage and clocking 40 hours a week stand to gain up to an additional $835 per year.
S&P 500 Slides 4% in Biggest Drop Since 2022
Dow crashes 1,500+ points, S&P 500 down 4%. Economic worries deepen as new tariffs fan recession fears and push investors toward safety.
Glen Powell Clues at Sydney Sweeney Romance
Glen Powell recently addressed swirling rumors linking him and his “Anyone but You” co-star, Sydney Sweeney, after she attended his sister’s wedding in Dallas, Texas. Rumors about the two intensified in 2023 during the press tour for “Anyone but You,” when fans noticed their playful chemistry.
Trump’s Sweeping Tariffs: Which Nations Face the Highest Rates?
Trump unveils 10% baseline tariff on all imports plus higher rates on “worst offenders,” claiming it’s “Liberation Day” for U.S. industry. Critics fear backlash.
How to Vote in Canadian Elections
A concise guide on how to vote in Canadian federal elections—from checking eligibility and registering to casting your ballot in person, by mail, or through special ballots.
ChatGPT’s Skyrocketing Subscriber Base Drives Major Revenue Surge
OpenAI’s ChatGPT has surged to over 4.5 million subscribers, generating at least $415M in monthly revenue. Driven by viral features like GPT-4o and Sora, the AI platform’s rapid growth showcases OpenAI’s dominance in the chatbot space despite capacity strain and rising competition.
Hooters Files for Bankruptcy Amid Mounting Debts and Restaurant Closures
Hooters, the Atlanta-based chain famous for its chicken wings and servers in revealing uniforms, has filed for Chapter 11 bankruptcy in a North Texas court, citing debts of $376 million and the recent closure of 44 locations.
J&J Hit Hard as Judge Dismisses $10B Talc Settlement Strategy
J&J’s $10B talc bankruptcy plan gets tossed by a judge, sending shares down 5% as the company prepares for a return to civil court.
Meta’s First AI Supercluster ‘Prometheus’ Set to Launch in 2026
Meta CEO Mark Zuckerberg has revealed the company’s next major leap in AI infrastructure: the launch of its first AI data supercluster, dubbed Prometheus, expected to go online in 2026.
Indeed and Glassdoor Cut 1,300 Jobs as Parent Firm Bets Bigger on AI
Recruit Holdings will lay off 6 % of staff at job boards Indeed and Glassdoor—its third downsizing in three years—as it folds Glassdoor into Indeed and shifts resources to artificial-intelligence tools.
Lucid Air Sets Guinness Record with 749-Mile Drive on a Single Charge
Lucid Motors’ Air Grand Touring has logged 1,205 km (749 mi) on one charge, smashing the EV distance record and demonstrating the brand’s industry-leading efficiency.
Trump Imposes 30% Tariffs on EU and Mexico, Effective August 1
President Donald Trump has ordered a blanket 30 % duty on all imports from the European Union and Mexico starting August 1, escalating trade tensions and rattling global markets.
Amazon Prime Day 2025 Posts Record $24 B in Four-Day Shopping Marathon
Adobe Analytics says U.S. shoppers spent an unprecedented $24.1 billion during the expanded July 8-11 Prime Day, while Amazon touts its “biggest event ever” across 35+ categories.
Jannik Sinner Captures 2025 Wimbledon Crown, Topples Alcaraz in Four Sets
World No. 1 Jannik Sinner defeated two-time defending champion Carlos Alcaraz 4-6, 6-4, 6-4, 6-4 to claim his maiden Wimbledon title and fourth career Grand Slam, igniting a fresh chapter in their rivalry.
Tesla to Start India Deliveries in August After Mumbai Showroom Debut
Tesla will open its inaugural showroom in Mumbai on July 15 and expects to hand over its first vehicles to Indian customers by late August, marking a long-awaited entry into the world’s third-largest car market.
Robinhood Chief’s Startup Harmonic AI Hits $900 Million Valuation After $100 Million Raise
Harmonic AI, the math-focused artificial-intelligence venture co-founded by Robinhood CEO Vlad Tenev, has secured $100 million in fresh funding, lifting its valuation to just under $900 million.
Andreessen Horowitz Abandons Delaware, Reincorporates in Nevada
Venture capital powerhouse Andreessen Horowitz has shifted its legal home from Delaware to Nevada, calling the Silver State more business-friendly and urging startups to follow its lead.
Trump Slaps 35% Tariff on All Canadian Imports, Raising Stakes in Trade Dispute
A late-night letter from the White House confirms a sweeping 35 % levy on Canadian goods effective Aug. 1, sending markets skidding and prompting Ottawa to weigh retaliation.
Kraft Heinz May Split Into Two Companies, Shares Jump
A Wall Street Journal report says Kraft Heinz is studying a breakup that would separate its grocery staples from its faster-growing condiment business, sending the stock sharply higher.
Justin Bieber Drops Surprise Album ‘Swag,’ His First Release in Four Years
Pop superstar Justin Bieber has shocked fans with Swag, a 21-track album that marks his first full-length project since 2021’s Justice and signals a more mature, R&B-leaning sound.
Ferrero to Buy WK Kellogg in $3 Billion Bid to Add Corn Flakes to Nutella Empire
Italian confectioner Ferrero, maker of Nutella and Ferrero Rocher, will acquire cereal icon WK Kellogg for about $3 billion, gaining Froot Loops and Frosted Flakes as it expands its U.S. footprint.
Microsoft Outlook Endures 11-Hour Global Outage Before Gradual Recovery
Millions lost access to Outlook.com, mobile, and desktop clients for over half a day after a configuration fault crippled Microsoft’s email backbone; service is now stabilizing worldwide.
‘Jurassic World Rebirth’ Roars to Record $318 Million Global Opening
Universal’s dino epic claws in $147.3 million over the July 4 holiday and $318 million worldwide, setting a new high-water mark for Independence Day launches.
Bitcoin Blasts Past $113K, Sets New All-Time High on July 10 2025
Bitcoin surged above $113,800 on July 10, 2025, smashing its previous record amid renewed institutional demand, shrinking exchange supply, and safe-haven inflows.
Elon Musk Confirms Grok AI Chatbot Coming to Tesla Vehicles Next Week
Tesla CEO Elon Musk has confirmed that the company's vehicles will begin receiving Grok, an AI-powered chatbot developed by his startup xAI, as early as next week. The chatbot, which is already integrated into X will function as a voice assistant within Tesla cars
OpenAI Set to Launch AI-Powered Browser Aiming at Google Chrome’s Dominance
OpenAI will debut an AI-first web browser within weeks, hoping to woo ChatGPT’s 400 million users and chip away at Google Chrome’s lucrative ad empire.
Trump Hits Brazil With 50% Tariff, Citing Bolsonaro Trial and ‘Unfair’ Trade
Donald Trump has imposed a 50% tariff on imports from Brazil, citing both trade concerns and political motivations. The former president specifically pointed to Brazil’s ongoing prosecution of Jair Bolsonaro, calling the trial a “disgrace” and saying it mirrors politically motivated attacks he himself has faced.
Apple COO Jeff Williams to Retire, Sabih Khan Tapped as Successor
Apple is preparing to close a major chapter in its leadership story. Jeff Williams, the company’s long-serving Chief Operating Officer, will step down later this month, officially marking his retirement after nearly three decades of shaping Apple’s most iconic products.
OPEC Plans Fourth Straight Output Hike to Regain Lost Oil Market Share
With global demand holding firm, OPEC will add another 548,000 barrels a day in August, aiming to claw back share from record-pumping U.S. and Canadian producers.
Linda Yaccarino Resigns as X CEO After Two Turbulent Years
Linda Yaccarino has stepped down from Elon Musk’s X, capping a bumpy tenure marked by advertiser battles, AI controversies, and the platform’s radical overhaul.
Nvidia Becomes First $4 Trillion Company as AI Chip Boom Accelerates
A 2.5% stock jump sent Nvidia past a historic $4 trillion market cap, cementing its dominance in the AI hardware race and eclipsing Apple and Microsoft.
Jeff Bezos Sells Millions in Amazon Stock Post Wedding
Jeff Bezos is back in the headlines — this time for offloading nearly $666 million worth of Amazon shares, just weeks after tying the knot in a high-profile Venice wedding.
Feature Insights
View All
