Author: Daniel snow
Diamond rings and bracelets on display in a show window in Antwerp, Belgium. (Photo by Yuriko Nakao/Getty Images)Yuriko Nakao | Getty Images News | Getty ImagesThey might be made of the hardest material on earth, but diamonds, with their complex supply chains and expensive price tag, are particularly fragile to U.S. President Donald Trump’s aggressive tariff agenda. The precious mineral is facing a baseline 10% import duty to the U.S. — a market accounting for over half of the global demand for polished diamonds. The sector is also bracing for additional duties should Trump’s 90-day pause come to an end with no…
Samantha Mui, 34, is the founder of Thirsty Dumpling, a do-it-yourself dumpling-making startup.Courtesy of Samantha MuiSamantha Mui teaches people how to make dumplings for a living, making as much as $10,000 an hour, according to documents reviewed by CNBC Make It. That’s more than what she used to make a month from her corporate job.”The biggest win in my life right now is I can go to a corporate office wearing a crop top and ripped jeans, teaching a cooking class and make more in one hour than I’ve ever made in a month,” Mui said.The 34-year-old founded Thirsty Dumpling, which sells…
Asia FX muted amid trade worries; yen gains on BOJ rate hike bets Source link
“The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays,” says Gregor Gregersen, founder of The Reserve.Alessia Pierdomenico | Bloomberg | Getty ImagesThe ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore is emerging as a favored destination.Not far from the city-state’s airport sits a six-story facility covered in onyx and fortified by tight security. Tucked behind its steel doors are gold and silver bars amounting to about $1.5 billion.Known as “The Reserve,” the storage facility features scores of…
An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern China’s Shandong province on March 14, 2025. Str | Afp | Getty ImagesChina’s industrial profits rose for a second straight month in April, official data showed Tuesday, despite prohibitive U.S. tariffs and persistent deflationary pressures.Cumulative profits at major industrial firms climbed 3% in April after returning to growth in the first quarter of this year, rising 0.8% from a year earlier, reversing the trend of declines since the third quarter of last year.In the first four months this year, industrial…
We take it for granted, the relationship between the United States and the European Union, the one that produces $1.7 trillion worth of goods and services. We take it for granted because of something that happened back on Dec. 11, 1941, when Adolf Hitler declared war on the U.S., and on June 5, 1947, when we announced the Marshall Plan to help rebuild war-torn Europe after the horrors of World War II. What’s incredible is not that we have a president who is willing to challenge the friendship between the U.S and Europe, but that the partnership has lasted so…
Wall Street appears poised to surge when markets open Tuesday, after two days of rallies by U.S. stock futures, spurred by President Donald Trump delaying his latest threat of 50% tariffs against European Union imports until July 9, to allow more time to reach a trade deal. Source link
A program that provided computers and internet access to children and older adults has come under fire. Source link
Bad news is never welcome news, but leaders can avoid making a bad situation worse. Source link
According to a recent report from Tripadvisor, Americans looking to travel domestically this summer want a blend of bustling city activities and laid-back beach vacations.The report ranked the top domestic summer travel destinations for U.S. travelers using two key sources: an online survey of over 2,800 consumers conducted between March 26 and April 8, 2025, and searches made by travelers on Tripadvisor between February 1 and April 10, 2025, for travel between June 1 and August 31, 2025.The state of Florida has the most cities in the top 10, something that Hilary Fischer-Groban, Senior Director of Global Brand, Insights and…