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The dance of tariffs and trade regulations can appear arcane at best, riddled with convoluted policies that impact everyday consumers and large corporations alike. Recently, the U.S. Customs and Border Protection has granted an exemption to several pivotal tech products from the staggering 145% tariffs imposed by President Trump earlier this month, much to the
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It’s become almost customary to revel in the technological advancements championed by billionaire entrepreneurs like Elon Musk, yet the ethical implications of their ventures often remain in the shadows. Musk’s latest endeavor, xAI, has seemingly positioned itself as a potent rival to OpenAI, but recent scrutiny reveals an unsettling truth about its operations. In Memphis,
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In a striking shift from previous bullish rhetoric, JPMorgan Chase CEO Jamie Dimon has stepped into the public eye, unequivocally predicting a recession for the U.S. economy. This statement resonates amid turmoil spurred by President Donald Trump’s tariffs, reminiscent of Pandora’s Box being flung open, unleashing chaos into the financial markets. The relentless trade war
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In the wake of nature’s fury, the Northeast is bracing itself for yet another deluge as heavy rains threaten to exacerbate already desperate conditions. This isn’t just a meteorological event; it’s a stark reminder of the overwhelming power of climate change and our growing impotence in the face of its reality. Just last week, spring
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Recent discussions surrounding the U.S. economy have been laden with contradictions, as Treasury Secretary Scott Bessent attempts to assuage public concerns over the imminent threat of recession. Such a position, cloaked in confident rhetoric, is both audacious and misleading. Bessent’s dismissal of the anxiety many Americans experience about their retirement savings is telling of a
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In the increasingly competitive landscape of artificial intelligence (AI), Microsoft’s decision to strategically lag behind cutting-edge advancements raises eyebrows. CEO of AI, Mustafa Suleyman, suggests a counterintuitive approach to AI development: rather than being the first to market with groundbreaking models, Microsoft aims to refine existing technologies within a more measured timeline. This mindset not
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President Trump’s recent imposition of tariffs on imports from over 100 countries is more than just an economic maneuver; it’s an unsettling signal of potential upheaval for both consumers and investors alike. Former Microsoft CEO Steve Ballmer expressed this sentiment clearly during a CNBC interview, underscoring not just the immediate impact on markets but also
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