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General Motors Faces Major Financial Impact from Trump Tariffs

01.05.2025, 19:00

General Motors (GM) has announced a significant reduction in its profit forecasts, estimating a potential hit of up to $5 billion due to tariffs imposed by the Trump administration. CEO Mary Barra revealed that the company will not raise electric vehicle prices despite the expected tariff costs....

House Republicans Propose New Fees on Electric Vehicles Amid Transportation Budget Discussions

01.05.2025, 19:00

In recent discussions, House Republicans have shifted their focus from a proposed federal $20 vehicle registration fee to advocating for a $250 annual fee specifically targeting electric vehicles (EVs). This move comes as part of a broader budget proposal aimed at funding transportation programs,...

Tragic Golf Cart Incident Claims Life of Jeff Sperbeck, Longtime Agent of John Elway

01.05.2025, 18:00

Jeff Sperbeck, the longtime agent and business partner of NFL star John Elway, has died following a golf cart accident. The incident occurred in Southern California, where reports indicate that Elway was driving the golf cart when Sperbeck fell and sustained fatal injuries. Elway expressed his...

Republicans Advance Major Overhaul of Student Loan and Pell Grant Programs

01.05.2025, 18:00

In a significant move, House Republicans have cleared a committee vote on a sweeping overhaul of the federal student loan and Pell Grant systems. The proposed plan, which aims to address rising college costs, suggests limitations on loan amounts and a restructuring of repayment options, raising...

Russia Intensifies Drone Attacks on Ukraine, Causing Civilian Casualties

01.05.2025, 18:00

Russian forces have escalated their aerial assaults on Ukraine, with recent drone attacks resulting in significant civilian casualties. An overnight strike on Odesa killed at least two people and injured 15, while additional attacks across multiple regions, including Kharkiv and Dnipro, have left...

Tech Stocks Surge, Boosting Wall Street as Microsoft and Meta Impress Investors

01.05.2025, 17:00

On Wall Street, stocks rallied significantly, led by the Nasdaq, spurred by impressive earnings reports from tech giants Microsoft and Meta. These strong results have helped to alleviate concerns over potential tariff impacts and rekindle enthusiasm for AI investments. The market saw the Dow Jones...

NJ Transit Prepares for Possible Strike as Engineers Reject Latest Offer

01.05.2025, 17:00

As a potential strike by NJ Transit engineers looms, the transit authority is warning commuters to be prepared for significant disruptions. NJ Transit officials have unveiled a contingency service plan, advising riders to work from home if the strike occurs. With financial implications at stake, NJ...

Rising Tensions in the US-China Trade War Prompt Global Economic Concerns

01.05.2025, 17:00

Recent developments in the ongoing trade war between the US and China indicate escalating tensions that could have far-reaching effects on the global economy. As shipments from China decline amid looming tariffs, experts suggest that China may have the upper hand, capitalizing on its ability to...

Microsoft Announces Significant Price Increases for Xbox Consoles and Games

01.05.2025, 17:00

In a recent move, Microsoft has raised prices for all Xbox Series consoles, accessories, and games globally, with the cost of new Xbox titles set to reach $80 this holiday season. The price hikes come amid trade war uncertainties and tariffs, resulting in increases of over 25% for some models....

India to Include Caste Details in Upcoming Census, Sparking Political Debates

01.05.2025, 17:00

In a significant policy shift, the Indian government has announced that the next population census will include caste details for the first time in decades. This decision has ignited a mix of support and criticism among political parties, with the Congress claiming credit for pressuring the...

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