Author: Emily Harper

In April 2025, U.S. inflation continued its cooling trend for a third consecutive month, with consumer prices rising just 2.3% year-over-year—the slowest increase in over four years, despite the impact of some tariffs implemented under President Donald Trump. Monthly inflation also remained modest at 0.2%. Notably, grocery prices dropped 0.4%, with egg prices falling 12.7%, marking their steepest drop since 1983, although still significantly higher than a year ago. However, economists caution that this relief may be temporary. Core inflation, which excludes food and energy, remained steady at 2.8% annually. Analysts predict inflation could rise in coming months as the…

Landmark Resort Marks Company’s Entry Into the Middle East The Walt Disney Company has unveiled plans to build a new theme park resort in Abu Dhabi, marking its first major expansion in over a decade and its first-ever resort in the Middle East. The announcement, made on Wednesday, positions Disney to tap into a rapidly growing tourism and entertainment market while expanding its global footprint. The new project, Disneyland Abu Dhabi, will become Disney’s seventh global resort destination and will be located on Yas Island, already home to popular attractions such as SeaWorld, Warner Bros. World, and Yas Waterworld. Developed…

Italian coach aims to finish his tenure with dignity as Madrid title hopes fade. Carlo Ancelotti has confirmed he will remain fully committed to Real Madrid until the end of the season, despite being officially announced as the next head coach of Brazil’s national team. The 65-year-old Italian manager made the remarks during a press conference on Tuesday, ahead of Madrid’s La Liga fixture against Mallorca. “From May 26, I will be the coach of Brazil and that’s an important challenge,” Ancelotti said. “But I want to finish this final stretch of my fantastic adventure here in the right way.…

A Temporary Pause in the Trade War On May 12, 2025, the United States and China reached a significant milestone in their ongoing trade conflict by agreeing to reduce mutual tariffs for a period of 90 days. This truce marks a crucial pause in what had been an accelerating tariff war affecting billions of dollars in traded goods and disrupting global commerce. The U.S. pledged to lower its tariffs on Chinese imports from 145% to 30%, while China agreed to scale back its own tariffs on American goods from 125% to 10%. The breakthrough was reached after several days of…

Markets Rally After Dramatic US-China Trade De-escalation U.S. markets surged Monday as President Donald Trump’s administration and Chinese officials announced a sweeping reduction in tariffs, easing trade tensions that had rattled global markets for over a month. Following closed-door meetings in Geneva, both nations agreed to slash tariffs by 115 percentage points, sending a strong signal that the worst phase of the trade war may be over. The Dow Jones Industrial Average jumped more than 1,000 points, or 2.5%, while the S&P 500 climbed 2.85%. The tech-heavy Nasdaq soared 4%, buoyed by renewed investor confidence and expectations of fewer supply…

A recent outbreak of listeria in the United States has been traced back to ready-to-eat food products from Fresh & Ready Foods LLC, a company based in San Fernando, California. The outbreak has sickened at least 10 individuals across several states, and federal, state, and local health officials are working together to investigate the source and prevent further spread. The Food and Drug Administration (FDA) is closely monitoring the situation, urging consumers to stay informed and take precautions when purchasing these products. The Listeria Outbreak: What Happened? The listeria outbreak, which has affected individuals in California, Nevada, Arizona, and Washington,…

The U.S. Consumer Financial Protection Bureau (CFPB) has announced a major regulatory rollback, aiming to eliminate nearly 70 policy and guidance documents that were implemented over the past decade. These documents, issued between 2011 and the present, have covered a wide range of consumer financial protections. Among the topics addressed are debt collection practices at nursing homes, financial protections for U.S. military personnel, transparency in lending to prevent discrimination, and public access to consumer complaint databases. Acting CFPB Director Russell Vought stated that the documents targeted for rescission represent what he described as “overreach” by previous administrations. He emphasized that…

In a highly unusual move that’s already sparking legal and ethical debate, the Trump administration is preparing to accept an ultra-luxurious Boeing 747-8 aircraft from the royal family of Qatar. The aircraft, often referred to as a “palace in the sky” due to its lavish interior, is set to serve as Air Force One during Trump’s current term, before being transferred to the Trump Presidential Library Foundation after he leaves office. A Gift Like No Other Sources familiar with the arrangement say the aircraft will be a formal gift from Qatar to the United States, one of the most valuable…

An American Pope with Latin American Roots For the first time in history, an American has been elected as pope. Robert Francis Prevost, now known as Pope Leo XIV, brings a unique blend of cultural and spiritual experience to the role. Although born in Chicago to a Spanish and Franco-Italian family, his deep connection to Latin America — particularly Peru — has shaped much of his mission. With dual nationality, he is considered as much a Latin American figure as he is North American. His journey within the Church began early, serving as an altar boy before being ordained as…

President Donald Trump has proposed reducing tariffs on Chinese imports from 145% to 80%, signaling a potential shift in the ongoing trade war between the United States and China. This proposal comes ahead of critical negotiations in Geneva involving U.S. Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng. The suggested reduction aims to deescalate tensions that have seen both nations impose steep tariffs on each other’s goods, with China’s retaliatory tariffs reaching up to 125%. Despite the proposed cut, the 80% tariff remains significantly higher than pre-trade war levels, raising concerns about continued strain…