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ECONOMIC UPDATE—MARKET OVERVIEW

ECONOMIC UPDATE—MARKET OVERVIEW

Go back to 2 April when President Trump announced his Liberation Day tariff war policies. Threatening to impose skyrocketing tariffs on nations across the globe, the equity markets tanked.

Global Economy

SPOTLIGHT: BIGS GETTING BIGGER

SPOTLIGHT: BIGS GETTING BIGGER

After a year of regulatory review—and after a change in presidential administrations—the three-member U.S. Federal Communications Commission (FCC) has approved Skydance Media’s $8-billion acquisition of Paramount Global.

SPECIAL REPORT: TRUMP’S TARIFF WAR

SPECIAL REPORT: TRUMP’S TARIFF WAR

The U.S. treasury has raked in an additional $55 billion so far in Donald Trump’s tariff war and most of it has come out of Corporate America’s pocket, The Wall Street Journal reported. 

Luiz Inácio Lula da Silva, The Current President of Brazil, Speaking At An Event In São Paulo, Brasil

BRAZIL’S PRESIDENT LOOKS PAST TRUMP WITH COMMITMENT TO BRICS

Brazil is reportedly “reinforcing” its commitment to BRICS countries in an act of defiance against the Trump administration that has threatened Brasília with steeper tariffs for its participation with the group that President Donald Trump has called an “anti-American” alliance.

The Israel War

Palestinians Transport Injured And Dead People From The Site Of An IDF Airstrike

GAZA DEATH TOLL

The death toll in Gaza surpassed 60,000 on Tuesday as the IDF continued its killing spree across the destroyed enclave—with the full backing of the Trump administration. Health officials also reported that at least 145,870 people have been injured in the war.

Trends in AI

OPENAI TAKES A SALES COMMISSION ON CLICK-THROUGHS

OPENAI TAKES A SALES COMMISSION ON CLICK-THROUGHS

OpenAI’s ChatGPT, which shows ads to users, will now include a payment system that will let shoppers complete purchases within the AI platform. OpenAI then will collect a commission from merchants making the sales.

GOOGLE BEWARE: STARTUP LAUNCHES AI-BASED SEARCH ENGINE

GOOGLE BEWARE: STARTUP LAUNCHES AI-BASED SEARCH ENGINE

The Browser Company of New York (BCNY) has created Dia, an AI-based search engine. That’s a big deal because Google and other engines have largely tried to tack AI onto their existing platforms. Dia has AI in its DNA.

Hi-Tech Science

DARPA ADVANCES WIRELESS POWER TRANSMISSION

DARPA ADVANCES WIRELESS POWER TRANSMISSION

The idea of beaming electric power through the air has been a dream since the days of Nikola Tesla more than a century ago. Now the Defense Advanced Research Projects Agency (DARPA) is taking steps toward making it happen through its Persistent Optical Wireless Energy Relay (POWER) program.

The above are just a few of the many articles in the latest Trends Journal. CLICK HERE for the full edition.