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 Donald Trump is shaking up global trade again, proposing hefty new tariffs of 20% to 50% on imports from 23 countries—including the EU and Mexico—unless they agree to individual trade deals by August 1. The EU and Mexico are pushing back, calling the move unfair but leaving the door open for talks. Trump’s reasoning? He claims it’s about trade deficits and stopping fentanyl, though data suggests most fentanyl doesn’t come from these trade partners.
Editor’s Note: If these tariffs happen, prices on everyday goods could jump, and trade tensions might escalate—something businesses and consumers won’t love. It’s a high-stakes gamble that could either force concessions from other countries or backfire, sparking retaliatory measures. Either way, it’s a story worth watching if you care about your wallet or the global economy.
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.