by Bryant Lum | Mar 24, 2025 | Automotive, Domestic, Economics, International Buzz, Products
Hyundai is set to make a significant investment in the U.S., pledging $20 billion in onshoring initiatives that will boost American manufacturing and the production of electric vehicles. The announcement, expected to be made on Monday at the White House, will be...
by Disun Holloway | Mar 14, 2025 | Domestic, Economics, Market News, Politics
Recent data from the University of Michigan’s consumer sentiment survey paints a grim picture of Americans’ economic outlook. Released on Friday, the survey revealed a sharp decline in consumer sentiment, with the index dropping to 57.9, the lowest level since...
by | Feb 10, 2025 | Domestic, Economics, Politics
President Donald Trump has directed the Treasury Department to halt the production of new pennies, calling the continued minting of the one-cent coin “wasteful.” On Sunday night, Trump posted on his Truth Social platform that the cost of producing each...
by Lucas Shum | Feb 10, 2025 | Domestic, Economics, Politics, Stock Market
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...
by Justin Wong | Jan 17, 2025 | Domestic, Technology
On January 19, 2025, the U.S. Supreme Court upheld a law banning TikTok unless it is sold to an owner not controlled by a foreign adversary. This ruling has sparked fresh uncertainty surrounding the popular social-media app, which is used by approximately 170 million...
