Trump’s $3.3 Trillion Tax Bill Passes Senate in Narrow 51-50 Vote
Key Takeaways: Powered by lumidawealth.com Senate Approval: The Senate passed President Trump’s $3.3 trillion tax and spending bill* with a 51-50...
Lululemon Sues Costco Over Alleged Knockoff Activewear
Key Takeaways: Powered by lumidawealth.com Lawsuit Filed: Lululemon has filed a lawsuit against Costco, alleging that its Kirkland private-label brand sells...
Ford’s EV Sales Plunge 31% in Q2 Amid Mustang Mach-E Recall and Factory Shutdowns
Key Takeaways: Powered by lumidawealth.com EV Sales Decline: Ford’s electric vehicle (EV) sales dropped 31.4% in Q2 2025, driven by a...
Tesla Faces Sluggish Sales Amid Robotaxi Launch and Market Challenges
Key Takeaways: Powered by lumidawealth.com Declining Deliveries: Tesla is expected to report 390,600 vehicle deliveries for Q2 2025, a 12% drop...
Bitcoin Treasuries: Inflation Hedge or Speculative Bubble?
Key Takeaways: Powered by lumidawealth.com Growing Trend: 61 publicly listed companies, including MicroStrategy, MetaPlanet (Japan), and Coincilium (UK), are holding Bitcoin...
Powell Says Fed Would Have Cut Rates Further If Not for Trump’s Tariffs
Key Takeaways: Powered by lumidawealth.com Tariffs Delay Rate Cuts: Federal Reserve Chair Jerome Powell stated that the Fed likely would have...
US Job Openings Surge to 7.77 Million in May, Led by Hospitality Sector
Key Takeaways: Powered by lumidawealth.com Unexpected Increase: US job openings rose by 374,000 in May to 7.77 million, the highest level...
Senate Strikes Down Provision Limiting State AI Regulation in Trump Tax Bill
Key Takeaways: Powered by lumidawealth.com Provision Removed: The Senate voted 99-1 to remove a controversial provision from President Trump’s tax bill...
High Costs and Complexity Drive Americans to Rethink Their Love Affair with Cars
Key Takeaways: Powered by lumidawealth.com Rising Costs of Ownership: The average cost to own and operate a car reached $12,296 annually...
Zuckerberg Launches Meta Superintelligence Labs, Pledges Billions for AI Leadership
Key Takeaways: Powered by lumidawealth.com Meta Superintelligence Labs (MSL): Meta CEO Mark Zuckerberg announced the creation of Meta Superintelligence Labs (MSL),...
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