Asian shares fall as US unleashes fresh tariffs, jobs data up next

Swiss business leaders and officials are baffled and alarmed after President Trump slapped a hefty 39% tariff on Swiss exports to the U.S., a rate surpassed only by three other countries. The move, driven by a growing trade imbalance, has left Switzerland scrambling to understand the rationale and potential repercussions for their economy.

Editor’s Note: This isn't just about Switzerland—it's a sign of how unpredictable U.S. trade policy can be under Trump, and it could signal trouble for other nations with trade surpluses. For Swiss businesses, this tariff could mean higher costs, lost sales, and strained relations with a key market. For everyone else, it’s a reminder that global trade is getting rockier.

A minor earthquake with a magnitude of 3 struck the New York metropolitan area on Saturday night, causing brief shaking but no immediate reports of damage or injuries.

Editor’s Note: While this quake was small and unlikely to cause harm, it’s a reminder that even areas not known for seismic activity, like New York, can experience earthquakes. For locals, it’s a curious event, but for experts, it’s a chance to study how rare tremors affect the region.

Nordstrom Rack is offering a stylish Fossil watch, originally priced at $195, at a 41% discount. Shoppers are raving about its high-end look and versatility, with many saying it appears more expensive than it actually is.

Editor’s Note: This story highlights a great deal on a quality accessory, making luxury-style fashion more accessible. For budget-conscious shoppers who still want a polished look, this discount could be a win. It’s also a reminder that retailers like Nordstrom Rack often have hidden gems at big savings.

The Wall Street Journal’s Greg Ip reports that the massive investment required to build AI infrastructure is putting significant financial pressure on companies and capital markets, as the costs skyrocket.

Editor’s Note: This story highlights a growing challenge in the tech world—while AI promises huge advancements, the sheer expense of developing the necessary infrastructure is creating financial strain. For businesses and investors, this could mean slower returns, tighter budgets, or even market volatility as the AI gold rush continues. It’s a reminder that cutting-edge innovation often comes with a hefty price tag.

Amazon is offering a $50 propane torch at a discounted price of $30, and customers are raving about its power, comparing it to a "flaming beast" and "a dragon in a box." One shopper even described the flame as resembling "the exhaust of a titan missile," highlighting its intense performance.

Editor’s Note: This story taps into the excitement around a high-value deal for a powerful tool, which is especially appealing to DIY enthusiasts, grill masters, or anyone who loves a good bargain. The hyperbolic customer reviews add a fun, relatable angle, making it more than just another sale—it’s a conversation starter.