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Investments and Business

Brazil vows to match US tariffs after Trump threatens 50% levy

Brazil promises to counter US tariffs after Trump threatens 50% levy

Albert T. Gudmonson

In a move that underscores the persistent tensions in global trade relations, Brazil has announced its intention to introduce reciprocal tariffs in response to recent threats from former US President…

Nutella’s parent company Ferrero is buying cereal maker WK Kellogg for .1 billion

Investments and Business

Nutella’s parent company Ferrero is buying cereal maker WK Kellogg for $3.1 billion

Albert T. Gudmonson

In a significant development within the global food industry, Ferrero Group, the renowned Italian confectionery company best known for producing Nutella, has announced its agreement to acquire the cereal manufacturer…

Livvy Dunne says she was 'denied' from buying Babe Ruth's old apartment

Investments and Business

Livvy Dunne reveals she was ‘denied’ from purchasing Babe Ruth’s old apartment

Albert T. Gudmonson

Olivia "Livvy" Dunne, a well-known gymnast and social media personality, recently expressed her dissatisfaction after being unable to buy an apartment that was once the residence of the legendary baseball…

Investments and Business

Nvidia leads tech industry with $4tn valuation

Albert T. Gudmonson

In a remarkable display of growth and technological influence, Nvidia has ascended to become the first company in the world to achieve a market valuation of $4 trillion. This historic…

The Trump-Musk breakup appears to be complete

Investments and Business

The end of the Trump-Musk relationship explained

Albert T. Gudmonson

In recent months, the relationship between former U.S. President Donald Trump and billionaire entrepreneur Elon Musk has appeared to unravel, signaling a notable shift in the dynamic between politics and…

Trump threatens Brazil with 50% tariff and demands Bolsonaro's trial end

Investments and Business

Trump pushes 50% tariff on Brazil, demands end to Bolsonaro’s trial

Albert T. Gudmonson

In an action that might alter trade relations between the United States and Brazil, ex-U.S. President Donald Trump has hinted that he would contemplate enacting a hefty 50% tariff on…

After Diddy’s conviction, here’s where his business ventures stand

Investments and Business

How Diddy’s conviction impacts his business ventures

Albert T. Gudmonson

Sean “Diddy” Combs, the influential music mogul, entrepreneur, and cultural icon, has long been known not only for his contributions to the entertainment industry but also for his expansive business…

Lesotho declares state of disaster amid US tariff uncertainty

Investments and Business

Lesotho declares disaster status in response to US tariff concerns

Albert T. Gudmonson

Lesotho has formally announced a state of disaster in response to growing economic concerns linked to potential changes in United States trade policies. This declaration underscores the small African nation's…

There are hundreds of temporary tariff-free zones — and they’re in the US

Investments and Business

How the US hosts hundreds of temporary tariff-free zones

Albert T. Gudmonson

In the intricate realm of international trade, tariffs frequently have a significant impact on economic policies, global supply chains, and the prices that consumers encounter for standard products. However, although…

Investments and Business

Wall Street is calling Trump’s bluff

Albert T. Gudmonson

In the intricate and continuously evolving realm of international finance, trust frequently holds comparable worth to physical assets. Over the past few months, financial markets, especially in the United States,…