Wednesday, July 23, 2025
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Economy

Markets Rally as Nvidia Tops $4 Trillion Value Amid Trade Talks

Global markets climbed on Wednesday after Nvidia became the first company to reach a $4 trillion value, drawing investor attention away from fresh tariff threats....

Trump Moves to Notify Nations of New Tariffs Ahead of July 9 Deadline

President Donald Trump told reporters Thursday that his administration plans to start sending letters to trading partners this Friday to inform them of the...

Saudi Aramco Moves to Sell Power Plants Amid Fiscal Strains

Saudi Aramco has quietly begun marketing up to five gas fired power plants that serve its refineries, with an asking price near $4 billion, according...

U.S.-Vietnam Trade Deal Signals Higher Tariffs Ahead

The U.S.-Vietnam trade deal has captured global attention and sparked concern across emerging markets. On Thursday, President Donald Trump announced the deal just before...

Taiwan Dollar Surges Over 2% as Trade Tensions Stoke Volatility

On Tuesday, the Taiwan dollar soared more than 2% to NT 29.16 per U.S. dollar, marking its biggest one‑day gain since early May and extending...

How an Israel-Iran War Could Disrupt Global Trade and Supply Chains

The war between Israel and Iran in 2025 has sent shocks through world markets and trade flows. What once played out in the background...

Rhode Island Approves New Tax on Empty Luxury Homes

Rhode Island lawmakers have agreed on a new plan that adds extra tax charges to fancy second homes, aiming to help pay for more...

Three States Take Aim at Delaware’s Top Spot

Texas, Oklahoma, and Nevada each approved new business rules this spring in a push to draw companies that now form in Delaware’s courts, which...

Eni Sells 20% Stake in Plenitude to Ares for €2 Billion

Eni SpA, the Italian energy giant, has agreed to sell a 20 percent stake in its renewable energy subsidiary, Plenitude, to Ares Management’s Alternative...

Japan’s PM Presses Trump to Drop $19 B Auto Tariffs at G7 Summit

I just watched news of Japanese Prime Minister Shigeru Ishiba’s 30‑minute meeting with President Donald Trump about auto tariffs in Kananaskis, Canada, and I’m...

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