In a move to boost American businesses, President Donald Trump has temporarily reinstated an exemption that allows companies to import low-cost goods into the US duty-free. The amendment was posted online on Friday as part of an executive order. Source: https://www.washingtonpost.com/business/2025/02/07/de-minimis-exemption-tariffs
The popular children’s book series “Dog Man” has proven to be a hit at the box office, despite competing with the Super Bowl this weekend. The film adaptation of the first three books in the series is expected to pull in another $20 million by Monday and lead America’s box office for a second week … Read more
Gold prices rose on Friday, driven by escalating trade tensions between the US and China, which led investors to seek refuge in the safe-haven asset. Spot gold gained 0.2% to $2,861.46 per ounce, up more than 2% this week. The uncertainty surrounding Trump’s tariff policies is a key focus for the gold market, according to … Read more
Gold prices are expected to surge to $3,000 an ounce by the second quarter of 2025, according to ING analysts. The precious metal has been gaining momentum amid trade and geopolitical uncertainty. The recent Trump administration policies have accelerated gains in gold, with prices rising to a record high of over $2,880 an ounce. Investors … Read more
A gathering of Europe’s far-right leaders took place in Madrid on Saturday, amid growing support for the “Patriots for Europe” party. This conservative group aims to promote a new era of governance in Europe, centered around the slogan “Make Europe Great Again.” The party, which is the third-largest EU political family, held its first rally … Read more
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TV stars from Abbott Elementary and It’s Always Sunny in Philadelphia arrived in New Orleans to support their home team, the Eagles, at Super Bowl LIX. The group, including creator Rob McElhenney and co-star Kaitlin Olson, posed with an Eagles green plane before the big game. Their trip comes after the first part of a … Read more
At least 30 people are reported missing after a landslide in southwestern China on Saturday. The incident occurred in the village of Jinping in Sichuan province at around 11:50am, where it buried at least 10 houses. Two people have been rescued from the debris by emergency workers from Junlian county’s emergency management bureau. Local authorities … Read more
A small plane crashed onto a busy street in São Paulo, Brazil, on [date], causing the deaths of two people and injuring six others. The incident occurred when the plane, which was not airworthy, collided with a bus, further increasing the severity of the crash. Eyewitnesses reported seeing the plane flying erratically before it made … Read more
Alphabet (GOOGL) share prices plummeted by as much as 8.4% after its Q4 earnings report, with investors expressing disappointment over the tech giant’s cloud computing revenue growth rate. The company has committed to increasing artificial intelligence (AI) infrastructure spending this year, further dampening investor sentiment. However, Alphabet’s core business remains strong. Google Cloud saw a … Read more