Economy

Big brands are watching U.S. consumer behavior.

SMGN Publishing April 25, 2025

Companies responsible for providing food and essential household products are beginning to publicly express their concern about the future of the American consumer. “Compared to the situation three months ago, today we probably don’t have such a positive view of consumer behavior,” said Jamie Caulfield, Chief Financial Officer of PepsiCo,

Wall Street rebounds following Trump’s conciliatory remarks on the fed and China trade

SMGN Publishing April 23, 2025

U.S. stock markets advanced for a second straight session on Wednesday following statements from President Donald Trump indicating he would not remove Federal Reserve Chair Jerome Powell. The gains were also fueled by optimism that the administration might relax some of the trade tariffs currently imposed on China. By midday,

Senator Rick Scott meets with Rhino Equipment CEO Javier Cárdenas Moreno to discuss Florida’s role in regional economic growth

SMGN Publishing April 23, 2025

Florida Senator Rick Scott met with Javier Cárdenas Moreno, President and CEO of Rhino Equipment, in a meeting that highlighted the important role of Florida businesses in the US and Ibero-American economies. During the meeting, Senator Scott expressed his support and gratitude to Javier Cárdenas Moreno and all Florida businesses

Google and the U.S. Department of Justice Enter Key Phase in Antitrust Case

SMGN Publishing April 22, 2025

Nearly a year after U.S. District Judge Amit Mehta ruled that Google had engaged in practices that allowed it to maintain its leadership in the search engine market, the tech giant and the U.S. Department of Justice (DOJ) are back in court. This time, the focus is on determining what

Retail spending sees biggest rise in over two years amid tariff concerns

SMGN Publishing April 17, 2025

Retail spending in the United States saw its largest monthly increase since January 2023, according to data released Wednesday by the Department of Commerce. Sales at stores, restaurants, and auto dealerships rose by 1.4% compared to the previous month, driven primarily by vehicle purchases. The increase is largely attributed to

Economist Editor Analyzes Trade Shock from Trump’s Tariffs

SMGN Publishing April 15, 2025

President Trump’s sweeping “Liberation Day” tariffs have upended the global economy, sending stock markets into turmoil. “This is, without a doubt, the biggest trade policy shock, I think, in history,” Zanny Minton Beddoes, the editor-in-chief of The Economist, says. Trump last week ordered a minimum 10% tax on nearly everything

Researchers Look to AI to Ease Mental Health Provider Shortage

SMGN Publishing April 15, 2025

New research suggests that given the right kind of training, AI bots can deliver mental health therapy with as much efficacy as — or more than — human clinicians. The recent study, published in the New England Journal of Medicine, shows results from the first randomized clinical trial for AI therapy. Researchers

$1.7 Billion Powerball Jackpot Builds Momentum as Holiday Drawings Approach

Felipe Cardona December 24, 2025

The $1.7 billion Powerball jackpot has become a dominant topic across the United States as the holiday season intensifies interest in one of the most lucrative lottery runs ever recorded. No jackpot winner emerged from the latest drawing, so the prize has continued its upward climb. It is now positioned

Timothée Chalamet Leads a Frenetic Table Tennis Drama This Christmas

Sarah Olivella December 24, 2025

Timothée Chalamet returns to theaters during the Christmas season with a performance that pushes both physical endurance and emotional volatility, anchoring a fast-moving narrative centered on obsession, ambition, and spectacle. Set against the unlikely competitive world of professional table tennis, the film transforms an underrecognized sport into a dramatic battleground

U.S. Bars European Activists Over Alleged Online Censorship Pressure

Sarah Olivella December 24, 2025

The United States government has imposed entry restrictions on five European individuals accused of coordinating efforts to pressure American technology companies into censoring or suppressing U.S.-based political viewpoints. The decision reflects a broader shift in U.S. foreign policy toward confronting what officials describe as extraterritorial attempts to influence protected speech