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SPECIAL REPORT: TRUMP’S TARIFF WAR

SPECIAL REPORT: TRUMP’S TARIFF WAR

Through June, U.S. consumers paid about 22 percent of Donald Trump’s new tariffs on imported goods, according to calculations by Goldman Sachs. U.S. companies paid 64 percent, with foreign suppliers covering 14 percent of the cost.

Global Economy

SPOTLIGHT: BIGS GETTER BIGGER

SPOTLIGHT: BIGS GETTER BIGGER

Gildan Activewear, which makes sweatshirts and other activity clothing, is buying underwear company Hanesbrands for $2.2 billion. When Hanesbrands’ debt is included, the deal’s value totals $4.4 billion. 

SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE

SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE

Last month, growth in China’s retail sales and industrial production slowed from June, confronting Beijing with both facets of its economic malaise at the same time. 

The Israel War

GAZA DEATH TOLL

GAZA DEATH TOLL

The Israeli government killed at least 62,064 Palestinians in Gaza since the start of the genocide. There have been 156,573 injuries and over 11,000 people are missing. 

Trends in AI

APPLE IS BLEEDING AI TALENT AS RIVALS POACH KEY STAFF

APPLE IS BLEEDING AI TALENT AS RIVALS POACH KEY STAFF

About a dozen members of Apple’s key AI team have moved to competitors Cohere, Meta, OpenAI, and xAI this year as the iPhone creator “struggles to stay relevant in Silicon Valley’s ferocious AI talent war,” the Financial Times reported. 

Hi-Tech Science

MONGOLIA BUILDS WORLD’S LARGEST HYDROGEN POWER SYSTEM

MONGOLIA BUILDS WORLD’S LARGEST HYDROGEN POWER SYSTEM

As part of its bid to become a global hub for hydrogen energy technology, Mongolia—a landlocked country between Russia and northeastern China—is building what is planned as the world’s first large-scale hydrogen energy system.

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