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U.S. President Donald Trump has imposed a 50% tariff on all imported copper, effective August 1, 2025, citing national security as the key reason. Copper is critical for semiconductors, defense systems, aircraft, ammunition, batteries, and hypersonic weapons. The U.S. currently imports nearly half of its copper needs, with major suppliers including Chile, Canada, Mexico, and …
Elon Musk has launched Grok 4, calling it the smartest and most advanced AI model ever created. Developed by xAI, Grok 4 outperforms all leading models including OpenAI’s ChatGPT, Google’s Gemini 2.5 Pro, and Anthropic’s Claude 4 in multiple global benchmark tests. It achieved record-breaking scores in reasoning, coding, and academic benchmarks like GPQA Diamond …
This in-depth analysis explores the long-term relationship between disposable income and spending growth in the U.S. economy, using 15 years of FRED data. It examines how real disposable personal income and real personal consumption expenditures have generally tracked similar trends, averaging just over 2.5% annual growth. The article highlights the impact of major fiscal stimulus …
President Trump Announces Resumption of Arms Supplies to Ukraine:President Donald Trump has announced the resumption of US arms shipments to Ukraine, reversing a recent pause in military aid. The Pentagon confirmed the delivery of defensive weapons amid Russia’s intensified attacks and the ongoing collapse of peace talks. This move follows Trump’s conversation with both Ukrainian …
President Trump Nominated for Nobel Peace Prize by Israeli Prime Minister Netanyahu:Israeli Prime Minister Benjamin Netanyahu has officially nominated President Donald Trump for the Nobel Peace Prize, citing his key role in the Abraham Accords and recent peace breakthroughs in the Middle East. This comes after Trump’s military action on Iranian nuclear facilities followed by …
Scott Bessent Slams Elon Musk:Elon Musk has entered the political battlefield by launching the America Party, aiming to disrupt what he calls a broken two-party system in the U.S. His bold move has sparked controversy, with fierce criticism from former allies like Donald Trump and Scott Bessent. From political clashes to past cabinet drama, this …
Trump Slams Elon Musk led America Party:Trump Slams Elon Musk’s ‘America Party’:Elon Musk has launched a new third political party called the America Party, triggering sharp criticism from US President Donald Trump. In this blog, we cover the full fallout between the two influential figures—including Trump’s fiery remarks, Musk’s motivations, the EV mandate clash, and …
Who Will Be the Next Fed Chair:US Treasury Secretary Scott Bessent opened up about the Trump administration’s aggressive economic strategy — from the looming August 1st tariff deadline to the sweeping immigration reforms in the “One Big Beautiful Bill.” He also addressed growing speculation about who might replace Fed Chair Jerome Powell, hinting at the …
The World Bank has slashed its global GDP growth forecast for 2025 to just 2.3%, marking the weakest expansion in 17 years outside major crises. With nearly 70% of economies facing downgrades and the U.S. outlook also trimmed, the global economy is heading into a prolonged period of sluggish growth not seen since the 1960s. …
Elon Musk Warns Trump Will Bankrupt America:Elon Musk has sparked a major political debate after slamming President Trump’s “Big Beautiful Bill,” warning it will push the U.S. toward economic collapse with national debt projected to hit $55 trillion by 2035. In response, Musk proposed launching a new political movement—the “America Party”—aimed at breaking the dominance …