Sunday, June 21, 2026

Business

Trump falsely claims gas is under $2/gal in multiple states.

President Donald Trump said gas is $1.98 a gallon in some states, but it's not true.The lowest was $2.70 in Mississippi and Tennessee. Nationally,...

UK Prohibits EU Cheese and Meat Imports over Foot and Mouth Concerns

The UK government has temporarily banned holidaymakers from bringing cheese and meat products from the EU to prevent the spread of foot and mouth...

US Proposes New Port Fees on Chinese Ships

The Trump administration has recently announced a strategy aimed at levying port charges on Chinese vessels in an effort to rejuvenate domestic shipbuilding and...

TSMC’s Strong Profit Performance Defies Trade Concerns, Revenue Outlook Unchanged

Taiwan Semiconductor Manufacturing Company (TSMC) had good results in the first quarter. They made more money than expected, thanks to the demand for AI...

Nvidia Shares Drop $5.5B Due to China Export Restrictions

Shares in Nvidia took a significant dive on Wednesday after the computer chip powerhouse announced it would incur $5.5 billion (£4.2 billion) in costs...

China Restricts Rare Earth Exports, Impacting US Economy

Neodymium is used to make the powerful magnets used in loudspeakers and computer hard drives.The ongoing trade dispute between China and the US has...

Brazil’s Rare Earths: A Snapshot of China’s Mineral Dominance

There is a big hole near a small town in Brazil. This hole is a mine that can help the West get important rare...

Nvidia Faces $5.5 Billion Loss from New US Chip Export Rules to China

Nvidia, the prominent microchip manufacturer, has disclosed a projected financial setback of $5.5 billion (£4.2 billion) following the recent tightening of export regulations to...