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Economists Question U.S. Inflation Data Amid Staffing Shortages

SMGN Publishing 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 Publishing 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 Publishing 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 Publishing 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 Publishing 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 Publishing 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 Publishing 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

Tensions rise as US proposes higher EU tariffs and signals broader smartphone import duties

SMGN Publishing May 23, 2025

US President Donald Trump escalated trade tensions on Friday by proposing a 50% tariff on all goods entering the United States from the European Union. He also indicated that iPhones not made in the US could face a 25% import tax, a measure that could extend to all smartphones, depending

Investors Dump U.S. Bonds as Deficit and Tariffs Trigger Global Concerns

SMGN Publishing May 22, 2025

Wall Street is grappling with another turbulent week, as deepening concerns about the U.S. national deficit shake investor confidence in the country’s economic future and global position. A wave of selling in U.S. government bonds is underway, a move traders are calling the “Sell America” strategy. The U.S. government is

Retail Giants Struggle to Absorb Tariffs Without Raising Prices Amid White House Scrutiny

SMGN Publishing May 21, 2025

Major U.S. retailers are being pulled in opposite directions as they confront steep costs from President Trump’s tariffs. Companies like Walmart, Target, and Lowe’s are trying to limit price hikes while avoiding political backlash or customer dissatisfaction. Target became the latest chain on Wednesday to revise its financial forecast downward,

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$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