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Investments and Business

Walmart gives employees 10% discount on groceries

Walmart employees receive 10% off groceries

Albert T. Gudmonson

Walmart has recently improved its employee rewards program by giving its associates a 10% discount on food items. This new guideline marks a notable shift from previous methods and is…

How the world’s most valuable company got caught in the middle of Trump’s spat with China

Investments and Business

Trump vs. China: The world’s most valuable company stuck in the crossfire

Albert T. Gudmonson

The world’s most valuable publicly traded company, known for its technological innovation and global reach, has unexpectedly found itself at the center of one of the most high-profile geopolitical disputes…

Trump extends China tariff deadline by another 90 days

Investments and Business

Trump gives China extra 90 days before tariff deadline

Albert T. Gudmonson

The United States and China have once again extended a trade truce, delaying a potential escalation of tariffs that would have significantly disrupted the global economy. In an executive order…

Musk threatens Apple and calls OpenAI boss a liar as feud deepens

Investments and Business

Elon Musk clashes with Apple, alleges OpenAI leader is dishonest

Albert T. Gudmonson

The escalating public dispute between Elon Musk, Apple, and OpenAI has reached a new level of intensity, fueled by accusations and legal threats. Musk, the owner of X and founder…

US inflation holds but underlying prices creep up

Investments and Business

US inflation unchanged but underlying costs increase

Albert T. Gudmonson

America's consumer price index (CPI) has remained steady, yet a closer look reveals a gradual increase in underlying prices. This development indicates a nuanced economic situation where headline inflation figures…

Trump's pick to lead economic data agency floats ending monthly jobs report

Investments and Business

Trump’s potential economic data agency chief eyes end to monthly jobs report

Albert T. Gudmonson

The possibility of a major transformation in the way employment data is reported by the United States government has surfaced, initiating an extensive dialogue among economists, policymakers, and participants in…

Trump is promising to slash drug prices by 1,500%. Here’s what’s really happening

Investments and Business

Trump says he’ll reduce drug prices by 1,500%. Here’s the truth

Albert T. Gudmonson

Former President of the United States, Donald Trump, is once more in the spotlight following a daring promise: to reduce prescription drug costs by an incredible 1,500%. This statement has…

Investments and Business

Why the world’s most valuable company was drawn into Trump’s China spat

Albert T. Gudmonson

The world's largest publicly listed company, famous for its tech advancements and international influence, has surprisingly become embroiled in one of the most prominent international tensions of the past few…

Nvidia and AMD to pay 15% of China chip sales to US

Investments and Business

US imposes 15% fee on Nvidia and AMD China chip sales

Albert T. Gudmonson

Nvidia and AMD, two prominent companies in the semiconductor sector, are preparing to direct 15% of their income from chip transactions in China to the U.S. government. This financial setup…

The US is taking a cut from chip sales to China - what does it mean?

Investments and Business

US to take a cut from chip sales to China – what does it mean for trade?

Albert T. Gudmonson

The United States has introduced a new measure that effectively takes a portion of the revenue generated from semiconductor chip sales to China. This development signals a shift in trade…