Trump Plans 10–15% Tariffs for 150+ Countries, Signaling Shift in Global Trade Strategy
Key Takeaways: Powered by lumidawealth.com Broad Tariff Notification: President Trump announced he will send letters to over 150 countries notifying them...
Travel Insurance Becomes Essential as Emergency Medical Claims Surge for Travelers Abroad
Key Takeaways: Powered by lumidawealth.com Rising Medical Claims: For the first time in a decade, emergency medical expenses topped all other...
TSMC Achieves Record Profit in Q2 Driven by Robust AI Chip Demand, Despite Tariff Uncertainty
Key Takeaways: Powered by lumidawealth.com Record Profit: Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 61% jump in net profit year-over-year in...
Trump Claims Breakthrough on Crypto Bills After House Republicans Initially Block Legislation
Key Takeaways: Powered by lumidawealth.com Initial Setback: Several cryptocurrency regulation bills, backed by President Trump, initially failed to clear a key...
JPMorgan Earnings Signal Resilient U.S. Economy and Strong Wall Street Performance Amid Tariff Uncertainty
Key Takeaways: Powered by lumidawealth.com Strong Bank Earnings: JPMorgan Chase, along with Wells Fargo and Citigroup, reported better-than-expected Q2 profits and...
Apple Invests $500 Million in U.S. Rare-Earth Magnets to Diversify Supply Chain Amid Tariff Pressure
Key Takeaways: Powered by lumidawealth.com U.S. Supply Chain Expansion: Apple will purchase $500 million in rare-earth magnets* from MP Materials, a...
U.S. Inflation Rises to 2.7% in June, Signaling Potential Tariff Pass-Through to Consumers
Key Takeaways: Powered by lumidawealth.com Inflation Uptick: U.S. consumer prices rose 2.7% in June year-over-year, up from 2.4% in May, aligning...
Mastercard Launches New “World Legend” Tier to Compete for High-Spending Cardholders
Key Takeaways: Powered by lumidawealth.com New Premium Tier: Mastercard Inc. is introducing a new, higher-tier rewards card category called "World Legend"...
Masayoshi Son and Sam Altman Foresee Insatiable AI Demand, Emphasizing Continuous Scaling
Key Takeaways: Powered by lumidawealth.com Insatiable AI Demand: Masayoshi Son (SoftBank) and Sam Altman (OpenAI) believe there is an insatiable demand...
Epstein Files Controversy Deepens Republican Divide, Threatening Trump’s Base
Key Takeaways: Powered by lumidawealth.com Widening Rift: A growing controversy over the release of documents related to Jeffrey Epstein is deepening...
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser