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Markets rally as U.S. and China suspend harsh tariffs for 90-day trade truce

SMGN Publishing May 12, 2025

Markets surged Monday morning after the United States and China agreed to temporarily lift extreme tariffs that had recently paralyzed much of their cross-border trade. The Dow Jones Industrial Average shot up more than 1,000 points, or about 2.5%, shortly after trading began, while the S&P 500 advanced 2.6%. This

Chasing the Factory Dream: Can Industrial Jobs Truly Return to the U.S.?

SMGN Publishing May 9, 2025

“Factory jobs are going to come roaring back into our country,” President Trump declared last month as he introduced reciprocal tariffs. “We’re going to supercharge our industrial base.” But American manufacturing isn’t what it used to be. Since its 1979 peak of 19.6 million jobs, the industry has shed over

Apple challenges US judge’s contempt ruling over App Store conduct in high-stakes legal appeal

SMGN Publishing May 8, 2025

Apple challenges US judge’s contempt ruling over App Store conduct in high-stakes legal appeal – Apple has asked a US appeals court to halt a recent district court decision that could have significant consequences for the future operations of its highly profitable App Store platform. Last week, Judge Yvonne Gonzalez

Federal Reserve Maintains Rates Amid Economic Uncertainty Linked to Tariff Policies

SMGN Publishing May 7, 2025

The US Federal Reserve has opted to keep interest rates steady, citing significant economic uncertainty following recent tariff measures introduced by President Donald Trump. In its announcement on Wednesday, the central bank confirmed that interest rates would remain unchanged. This marks the third consecutive decision to maintain the current rate,

CHLI held its 21st Annual Gala and Leadership Awards, honoring outstanding leaders

SMGN Publishing May 9, 2025

Washington, D.C., May 7, 2025 – The Congressional Hispanic Leadership Institute (CHLI) hosted its 21st Annual Gala and Leadership Awards: Illuminating Futures at the Waldorf Astoria Hotel. The event brought together prominent leaders from the public and private sectors, including Javier Cátdenas Moreno, President and CEO of Rhino Equipment. Honoring

Trump Weighs 100% Tariffs on Foreign-Produced Films as Global Industry Responds

SMGN Publishing May 6, 2025

Trump Weighs 100% Tariffs on Foreign-Produced Films – Donald Trump has stated he intends to consult with Hollywood industry leaders following his earlier announcement that films produced outside the United States could face tariffs of up to 100%, prompting widespread reactions throughout the global film community. On Sunday, Trump said

Wall Street rebounds from tariff-induced losses as job data and trade hopes lift markets

SMGN Publishing May 5, 2025

U.S. stocks have recovered the losses sustained a month ago following the global tariffs announced by President Donald Trump, marking the longest stretch of consecutive gains in over twenty years for American equities. On Friday, Wall Street posted its ninth straight day of gains, a feat last achieved in 2004.

Tariff talks on the horizon? U.S. and China gauge the first move in prolonged trade standoff

SMGN Publishing May 2, 2025

On Friday morning, a representative of China’s Ministry of Commerce announced that Beijing is currently reviewing the possibility of entering into discussions with the United States regarding existing tariffs. This development was met with anticipation by international observers, as extremely high tariffs — in some cases reaching up to 245%

Trump strikes tariff relief deal with automakers to boost domestic production

SMGN Publishing April 30, 2025

Auto parts and components will be temporarily and partially exempt from the 25% tariff, as part of a plan aimed at offering “short-term” support to companies assembling vehicles in the U.S. On Tuesday (April 29, 2025), the White House announced an agreement with the U.S. auto industry to ease the

U.S. Administration plans adjustments to tariffs affecting auto sector

SMGN Publishing April 29, 2025

President Donald Trump is expected to implement measures aimed at reducing the effects of existing tariffs on American automotive manufacturers, according to a senior White House official. “This arrangement represents a positive development for domestic production,” said Commerce Secretary Howard Lutnick in a statement shared with Reuters, highlighting the benefits

More News

Lawsuit Challenges Trump-Kennedy Center Name Change

Sarah Olivella March 26, 2026

Legal Challenge Targets Name Change of National Cultural Landmark A new legal battle in Washington, D.C. is placing national attention on the future identity of one of the country’s most prominent cultural institutions. Representative Joyce Beatty has filed a motion in federal court seeking to require the Trump administration to

Maine Senate Primary Heats Up as Democrats Clash

SMGN Publishing March 26, 2026

Democrats Engage in Costly Primary Battle The race for a key U.S. Senate seat in Maine is rapidly intensifying as two leading Democratic contenders invest millions of dollars in a competitive and increasingly contentious primary. The contest centers on efforts to unseat incumbent Republican Senator Susan Collins, a longtime figure

Annapolis Sock Burning Festival Welcomes Spring

Sarah Olivella March 26, 2026

A Chesapeake Bay Tradition Signals the Arrival of Spring Every year in Annapolis, hundreds of residents and visitors gather to celebrate the arrival of warmer weather in an unconventional way: by burning their winter socks. The tradition, known as the Annapolis Oyster Roast & Sock Burning, has become a defining

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