Year: 2025
He quit a job in engineering to travel and work on yachts. Here’s how much he earns now
Hugo Ortega, an American, had a well-paying job as an engineer and a long-term girlfriend. But he wasn’t happy, he said. “I didn’t like the job that I had. I didn’t like the degree that I had just finished doing,” he said. “I was starting to feel kind of weighed down by a lot of […]
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Lutnick says update coming this week on Japan’s $550 billion U.S. investment
The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said. Simon2579 | Digitalvision Vectors | Getty Images The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said, as a top Japanese trade envoy was reportedly planning to visit Washington to […]
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Ships, planes, billions in investment pledges: South Korea’s Lee charms Trump with deals
WASHINGTON, DC – AUGUST 25: U.S. President Donald Trump (R) and South Korean President Lee Jae-myung talk to reporters before an Oval Office meeting at the White House on August 25, 2025 in Washington, DC. During Lee’s first official visit to the White House, the two leaders are set to discuss trade and military cooperation […]
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Nissan shares fall over 6% as Mercedes-Benz plans to shed 3.8% stake
A brand new Nissan car is displayed on the sales lot at Golden State Nissan on March 26, 2025 in Colma, California. Justin Sullivan | Getty Images Nissan Motor shares tumbled on Tuesday after Mercedes-Benz announced plans to offload its 3.8% holding in the Japanese automaker. Tokyo-listed shares of Nissan declined as much as 6.7% […]
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‘They have to give us magnets’: Trump warns of 200% tariff on China if exports are curbed
US President Donald Trump during a meeting with Lee Jae Myung, South Korea’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Monday, Aug. 25, 2025. Al Drago | Bloomberg | Getty Images U.S. President Donald Trump on Monday stateside warned of steeper tariffs on China if exports […]
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Korean Air makes airline’s biggest-ever Boeing jet order amid Trump-Lee summit
Employees stand in front of a Boeing Co. 787-9 Dreamliner passenger aircraft operated by Korean Air Lines Co. SeongJoon | Bloomberg | Getty Images Korean Air announced a $50 billion order on Monday for 103 Boeing airplanes and GE Aerospace engines and servicing, coinciding with the visit of South Korean President Lee Jae Myung to Washington. The order, the largest in […]
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Trump vows ‘substantial’ new tariffs, chip restrictions on countries with digital taxes
U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump vowed Monday to impose “substantial” new tariffs and restrict U.S. chip exports for all countries that do not remove digital taxes and related regulations. Trump wrote on Truth Social […]
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Trump says he’s removing Fed Governor Lisa Cook, cites mortgage fraud allegations
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. Saul Loeb | AFP | Getty Images President Donald Trump on Monday […]
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Pentagon’s innovation unit chief resigns in latest shake-up, sources say: Reuters
A general view of the Pentagon in Washington, D.C., U.S., March 21, 2025. Kent Nishimura | Reuters The head of a Pentagon unit responsible for accelerating the military’s adoption of new technology resigned on Monday, according to four people familiar with the matter, the latest exit of a senior military official whose political views have clashed with those of U.S. […]
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Asia-Pacific markets set to open lower after Wall Street declines
People Maydays | Moment | Getty Images Asia-Pacific markets were poised to open lower Tuesday, tracking losses on Wall Street, with investors awaiting a key U.S. inflation report for clarity on the Federal Reserve’s rate-cut path. Investors will also assess the meeting between South Korean and U.S. presidents over fleshing out the trade deal framework […]
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