Alejandro Cardona: The Visionary Who Bet First — and the Guinness World Record Proved Him Right
There is a type of person who does not wait to see the result before placing a bet. Someone who steps in when the room is still empty, when the stage is…
Finance
First Refunds From Trump Tariffs Expected in May as Importers Wait for Billions in Repayments
The U.S. government says the first refunds tied to President Donald Trump’s overturned tariffs are expected to begin going out around May 11, marking the next major step in unwinding one of…
U.S.-UK Trade Tensions Rise as Trump Warns of ‘Big Tariff’ Over British Tech Tax
President Donald Trump has threatened to impose a “big tariff” on the United Kingdom if it does not scrap its digital services tax, escalating a transatlantic trade dispute centered on how governments…
U.S. Companies Flood New Refund System After Court Orders Return of Illegally Collected Tariffs
A new federal refund system has gone live to let U.S. companies recover money paid under tariffs that were later ruled illegal, triggering a rush of claims from importers eager to reclaim…
U.S. Factory Output Slips in March as Manufacturing Auto Production Weakens
U.S. manufacturing output declined in March, adding to evidence that the factory sector may be losing momentum after a period of resilience. Apparently, manufacturing production fell 0.3% in March after an upwardly…
Middle East Conflict Darkens IMF Forecast as Rising Oil Prices Raise Risk of a Global Downturn
The International Monetary Fund has lowered its global growth outlook and warned that the world economy is already drifting toward a more dangerous path as the war tied to Iran continues to…
BlackRock Turns Bullish on U.S. Stocks as Strong Earnings Offset Middle East Risks
BlackRock has upgraded U.S. equities to “overweight,” joining other major Wall Street firms in arguing that strong corporate earnings can help cushion the market against the economic fallout from the Middle East…
Trump Administration Admits Major Error in New York Medicaid Fraud Accusations
The Trump administration has acknowledged a major error in the data it used to support a high-profile fraud investigation into New York’s Medicaid program, weakening one of its most visible recent anti-fraud…
Health Insurers Jump After Medicare Advantage Rates Rise More Than Expected for 2027
Shares of major U.S. health insurers rose sharply after the federal government announced a larger-than-expected increase in Medicare Advantage payment rates for 2027, easing fears that the industry would face another year…
Broadcom Secures Long-Term Deal to Build Google’s Next Wave of Custom AI Chips
Broadcom has signed a long-term agreement with Google to develop and supply future generations of the company’s custom artificial intelligence chips, extending a critical partnership at a time when large tech firms…
