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Wall Street CEOs Express Growing Concern Over U.S. Global Position

SMGN June 10, 2025

Key Executives Voice Alarm Over Economic Direction A growing number of Wall Street executives are voicing concern about the economic impact of ongoing tariff strategies and increasing fiscal uncertainty. Many are expressing a range of emotions, shifting from initial optimism to skepticism and even frustration, as the U.S. economic trajectory

US-China Trade Talks in London Aim to Ease Tech Tensions and Rare Earth Dispute

SMGN June 9, 2025

New Round of Trade Negotiations Begins in London High-level trade discussions between the United States and China have resumed in central London, with a focus on resolving key economic disputes. US Commerce Secretary Howard Lutnick and Chinese Vice Premier He Lifeng are leading the talks at Lancaster House, aiming to

Trump and Musk Stay Linked by Power, Even Amid Fallout

SMGN June 6, 2025

Observers long suspected that Donald Trump and Elon Musk might eventually clash, but few foresaw how swiftly their dispute would erupt online. After Musk gave strong public support to Trump following an assassination attempt in Pennsylvania nearly a year ago, their political and financial paths became increasingly aligned. Now, their

Economists Raise Concerns Over U.S. Inflation Accuracy Amid Federal Staffing Shortages

SMGN June 5, 2025

Reduced Federal Workforce Disrupts Inflation Tracking Concerns are growing among economists over the accuracy of U.S. inflation data as the federal government grapples with widespread staffing shortages. The Labor Department has announced nationwide cutbacks in the price-checking process used to calculate the Consumer Price Index (CPI), a key measure of

Trump Tariffs Could Reduce U.S. Deficit by $2.8 Trillion

SMGN June 4, 2025

Projections indicate that the Trump tariffs deficit strategy could lead to a significant drop in the U.S. federal deficit over the next decade. If current tariffs are made permanent, government forecasters estimate a possible $2.8 trillion reduction by 2035, offsetting the fiscal consequences of recently approved federal spending plans. Since

Dollar General Forecasts Stronger Sales Growth Despite Economic Pressures

SMGN June 3, 2025

Dollar General, the largest U.S. dollar-store chain, is bucking the retail trend. While many retailers scale back expectations amid tariffs and tightening consumer spending, Dollar General is increasing its financial forecast, showing signs of strength in a volatile economy. From February through April, Dollar General reported a 2.4% increase in

Elon Musk’s Government Role Ends After 129 Days of Disruption

SMGN May 29, 2025

A Short but Impactful Tenure Elon Musk’s brief stint in the Trump administration has ended. His time at the helm of the Department of Government Efficiency (Doge) lasted just over four months. Despite its brevity, the period left a major mark on federal operations and global relations.This week, Musk posted

“Housing Market Stalls as Economic Doubts Weigh on Buyers and Builders”

SMGN May 28, 2025

Persistent economic uncertainty has dealt a dual blow to the housing sector: slower home sales and reduced construction activity. Last month marked the slowest April for existing home transactions in over a decade and a half, deflating hopes that spring would revive the market after two sluggish years. According to

Chinese exporters scramble during tariff truce as trade outlook remains uncertain

SMGN May 27, 2025

BEIJING — Just hours after the U.S. announced a temporary suspension of most tariffs on Chinese imports on May 12, Jiang Kun, a freight forwarder in southern China, described the situation in two words: “Taking off.” Only weeks earlier, certain Chinese products faced tariffs of up to 245% when entering

Trump Agrees to Extend EU Trade Deadline to July Following 50% Tariff Warning

SMGN May 26, 2025

US President Donald Trump has consented to postpone the deadline for tariff negotiations with the European Union from 1 June to 9 July, following his warning that he could impose a 50% levy on most EU imports. In May, Trump initially announced a 20% import tax on a broad range

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U.S.–China Trade Talks Continue in London as Rare Earths and Chips Dominate Agenda

SMGN June 10, 2025

Second Day of Negotiations in London Trade representatives from the United States and China entered their second day of high-level discussions at Lancaster House, a historic venue in central London. The talks are being closely observed by global markets as the world’s two largest economies attempt to resolve ongoing tariff

U.S. Colleges Face New Federal Actions Under Trump Administration

SMGN June 10, 2025

The administration of former President Donald Trump initiated a series of regulatory and financial measures targeting U.S. higher education institutions, particularly elite universities like Harvard and Columbia. These actions involve cuts to federal research funding, new restrictions on international students, challenges to accreditation status, and proposed changes to tax policies

Vance Backs Trump While Acknowledging Musk’s Budget Concerns

SMGN June 10, 2025

In a recent podcast interview and social media comments, U.S. Vice President J.D. Vance affirmed his loyalty to President Donald Trump while expressing understanding of Elon Musk’s public criticism of a newly proposed federal budget. Vance referred to Musk as an “incredible entrepreneur” and acknowledged that the business magnate’s concerns

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