A major rental car company faces bankruptcy while an iconic retail brand makes a comeback to physical stores, and a global pizza chain closes hundreds of locations but introduces an exciting new menu item.
Former President Trump recently floated the idea of slapping 200% tariffs on imported pharmaceuticals, a move that would typically send shockwaves through the industry. But Wall Street’s reaction has been surprisingly muted. Why? Because drugmakers likely have enough time—thanks to a long grace period—to dodge the worst of it by tweaking supply chains or shifting production.
Editor’s Note: Tariffs this steep would normally rattle markets, but investors aren’t panicking yet. The key detail here is the wiggle room: companies might avoid major disruptions if they act fast. Still, it’s a reminder of how trade policies can ripple through critical sectors like healthcare—even if the immediate fallout is softer than the headlines suggest.
A shop specializing in trading cards was hit by thieves who made off with a stash of ultra-rare Pokémon cards, some valued at over $100,000 each. The owner described the loss as "devastating," especially since these weren’t just high-ticket items—they were nostalgic treasures for collectors. Police are reviewing surveillance footage, but the cards’ unique rarity makes them hard to move without drawing attention.
Editor’s Note: This isn’t just about a pricey heist—it’s a blow to the tight-knit community of trading card enthusiasts. Rare Pokémon cards have become cultural artifacts, blending nostalgia with serious investment value. The theft highlights how the booming collectibles market has turned even niche hobbies into targets for high-stakes crime. For shop owners and collectors, it’s a reminder that security needs to keep up with the skyrocketing value of these tiny pieces of cardboard.
A major rental car company is in deep trouble—it’s shuttered several locations, and whispers of a Chapter 11 bankruptcy filing are getting louder. If it happens, this would be the company’s fourth trip to bankruptcy court, which doesn’t exactly inspire confidence in its future. Customers are already reporting issues, and it’s unclear how this will affect travelers who rely on the brand.
Editor’s Note: Rental car companies are a backbone of travel, so when one stumbles this hard, it’s a big deal. Frequent bankruptcies suggest deeper problems, and if locations keep closing, travelers might face fewer options and higher prices. It’s also a red flag for employees and investors—this isn’t just a bump in the road.
A new memo reveals that U.S. Immigration and Customs Enforcement (ICE) could start deporting migrants to countries they aren’t even from—and with as little as six hours' notice. This marks a sharp departure from past practices, where deportations typically sent people back to their home nations. Critics argue the policy could strand vulnerable individuals in unstable regions, while supporters may see it as a tougher stance on border control.
Editor’s Note: This isn’t just about faster deportations—it’s a potential humanitarian and diplomatic headache. Sending migrants to third countries, especially with almost no warning, raises serious questions about their safety and legal rights. It could also strain relations with nations unexpectedly forced to take in deportees. For anyone tracking immigration policy, this signals a harder line—and possibly more chaos—at the border.
The article dives into the current state of tariffs imposed under the Trump administration, breaking down which ones are still active and which might be coming next. It’s a look at how these trade policies are shaping industries and consumer prices—and what could change if new tariffs are introduced.
Editor’s Note: Tariffs might sound like bureaucratic jargon, but they directly impact what you pay for everything from cars to groceries. This piece cuts through the noise to explain which tariffs are sticking around and what could be on the horizon—useful for anyone trying to make sense of how trade wars affect their wallet.
Kevin Hassett, a top White House economic advisor, revealed that the administration is looking into the Federal Reserve's expensive office renovations and reviewing whether the president has the legal authority to fire Fed Chair Jerome Powell. This comes amid rising tensions between the Trump administration and the central bank over interest rate policies.
Editor’s Note: The White House questioning the Fed's spending and Powell's job security isn't just bureaucratic drama—it could signal deeper political interference in an institution that's supposed to operate independently. If the administration pushes too hard, it might rattle markets and undermine confidence in the Fed's ability to steer the economy without political pressure. Investors and economists will be watching closely.