How Businesses Are Turning Potential $175B Tariff Refunds Into Working Capital

How Businesses Are Turning Potential 5B Tariff Refunds Into Working Capital

Firms impacted by the overturning of Trump’s “Liberation Day” tariffs are borrowing against their expected refunds as the government builds a refund system, a creative but risky stopgap. When the U.S. Supreme Court ruled in February that President Donald Trump’s sweeping “Liberation Day” tariffs were unlawful, it didn’t just reset trade policy, it put billions…

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U.S. Defense Companies Continue To Get Pentagon Contracts As War In Iran Boost Use Of Military Equipment

U.S. Defense Companies Continue To Get Pentagon Contracts As War In Iran Boost Use Of Military Equipment

The ongoing war in Iran is likely to boost the production of U.S. defense companies, especially those with Pentagon contracts, either to replenish stocks, provide new equipment to be used in the conflict, or develop new technologies. Investor’s Business Daily reported on Thursday that the Department of Defense on Wednesday awarded “sizable” contracts to several…

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Trump Vows To Prevent Iran From Having Nuclear Weapons In Prime Time Address: ‘Intolerable Threat’

Trump Vows To Prevent Iran From Having Nuclear Weapons In Prime Time Address: ‘Intolerable Threat’

President Donald Trump vowed to prevent the Iranian regime from obtaining a nuclear weapon during a prime time address on Wednesday, noting it is a promise he has been making since he announced his first presidential candidacy in 2015. During the address, Trump described the current leadership as a “fanatical regime” that has been “chanting…

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Luxury Shares Slide As China Demand Softens, Investors Eye Sector’s Outlook

Luxury Shares Slide As China Demand Softens, Investors Eye Sector’s Outlook

LVMH chairman Bernard Arnault Reuters Luxury stocks have come under renewed pressure this year, with major European names falling sharply as uncertainty over consumer demand weighs on sentiment. Investors are watching closely to see whether the current slump reflects a short-term correction or a more fundamental shift in the luxury sector’s growth trajectory. NSS magazine,…

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French President Macron Takes Aim At Donald Trump Over Mockery Of His Marriage: ‘Neither Elegant Nor Of a High Standard’

French President Macron Takes Aim At Donald Trump Over Mockery Of His Marriage: ‘Neither Elegant Nor Of a High Standard’

French President Emmanuel Macron took aim at U.S. counterpart Donald Trump over comments he made about his marriage on Wednesday. The comment in question was captured on Wednesday by a video shared on the White House’s YouTube page. There, Trump addressed guests at a lunch event that was closed to press and discussed his ongoing…

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