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Why Retail Prices Haven’t Spiked Yet Despite New U.S. Tariffs

SMGN July 29, 2025

U.S. Tariffs Rise—but Consumer Prices Stay Surprisingly Stable Despite a dramatic escalation in tariffs imposed by the U.S. government, most American consumers have yet to feel the direct impact at the checkout line. In April, President Trump announced new tariffs of up to 145% on Chinese imports, triggering alarm in

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US-China Trade Truce Talks Raise Hopes for Extension

SMGN July 28, 2025

Fresh Trade Talks Begin as China and US Eye Truce Extension Negotiations between the United States and China have resumed, signaling renewed diplomatic engagement between the world’s two largest economies as officials on both sides aim to extend their ongoing trade truce by another 90 days. The meetings, held this

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FCC Greenlights Skydance-Paramount Merger

SMGN July 25, 2025

In a landmark decision that may redefine the future of American entertainment, the Federal Communications Commission (FCC) has approved an $8 billion merger between Skydance Media and Paramount Global. The deal marks a significant shift in the media industry, merging one of Hollywood’s most storied legacy companies with a fast-growing,

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Tesla Stock Sinks as Musk’s Promises Wear Thin

SMGN July 24, 2025

Tesla shares fell 9% on Thursday following a disappointing earnings report that revealed sharp declines in revenue and profit, marking one of the worst quarters in the company’s history. Tesla’s earnings were impacted by multiple challenges, including the expiration of the federal EV tax credit for some U.S. buyers starting

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Automakers Struggle with Tariff Costs as GM Faces $1.1 Billion Hit

SMGN July 23, 2025

Automakers are experiencing mounting financial pressure due to the volatile nature of U.S. trade policy. General Motors, one of the largest car manufacturers in the United States, revealed that tariffs cost the company an estimated $1.1 billion over a recent three-month period. This significant expense dropped GM’s profit margin from

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Powell Calms Markets as Bonds Rally Amid Fiscal Unrest

SMGN July 22, 2025

Amid growing political and fiscal uncertainty, the bond market has remained unexpectedly resilient, sending a strong signal to policymakers. In a turbulent week dominated by ongoing U.S.–EU trade negotiations, the beginning of corporate earnings season, and anticipation surrounding the next European Central Bank meeting, investors have largely brushed aside speculation

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U.S. Coffee Prices Surge as Tariffs Hit Brazilian Imports

SMGN July 21, 2025

Inside the D.C.-based Lost Sock Roasters, the usual rich aroma of fresh beans now carries a bitter note—uncertainty. President Trump’s recent announcement of a proposed 50% tariff on Brazilian imports, including coffee, has shaken the U.S. coffee industry. Combined with an existing 10% levy, the move would drastically affect the

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A Historic Week for Cryptocurrencies in the U.S.

SMGN July 19, 2025

The United States has long been cautious about cryptocurrencies, viewing them as too dangerous for the average citizen and risky for the financial system. However, that stance has shifted dramatically this week, marking a historic moment for the digital currency sector. In a significant vote in the House of Representatives

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US Tariff on Chinese Graphite Disrupts EV Supply Chain

SMGN July 18, 2025

Key Mineral Faces Major Import Duty The U.S. government has enacted a new tariff that targets a core component of electric vehicle battery production. The Department of Commerce confirmed a 93.5% duty on Chinese graphite, accusing exporters of selling the material below fair market value. This sharp increase in import

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Trump’s Fiscal Deal Eases Markets, Raises Debt Concerns

SMGN July 17, 2025

Temporary Calm for Markets President Donald Trump’s recently signed “One Big Beautiful Bill,” passed on July 4, brought a wave of short-term relief to Wall Street by extending popular tax cuts and lifting the U.S. debt ceiling by $5 trillion. The legislation, praised by business groups and market analysts, removed

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Kendrick Lamar Tops 2026 Grammy Nominations with Nine Nods

SMGN November 7, 2025

The Los Angeles rapper leads the field with his album “GNX” and hit single featuring SZA Kendrick Lamar’s dominance in the music industry shows no sign of slowing. The Los Angeles rapper received nine nominations for the 2026 Grammy Awards, marking another milestone in his celebrated career. His name appears

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Trump Renominates Jared Isaacman as NASA Administrator

SMGN November 7, 2025

The White House reinstates nomination after previous withdrawal President Donald Trump has once again nominated tech entrepreneur and astronaut Jared Isaacman to serve as NASA administrator, months after initially withdrawing his name over concerns related to political affiliations. The earlier withdrawal, announced in May, followed what Trump described as a

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ADL Explains Its Monitoring Initiative on New York Mayor-Elect Zohran Mamdani

SMGN November 7, 2025

New project aims to observe policies affecting Jewish community safety The Anti-Defamation League (ADL) has announced the creation of a special initiative to monitor the policies and appointments of New York City’s mayor-elect, Zohran Mamdani. The organization, which focuses on combating antisemitism, stated that the program seeks to “track actions

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