Author: josh
Treasury Secretary Scott Bessent signaled on Sunday that the U.S. and China will significantly de-escalate their trade war under a framework he negotiated. In an interview on CBS News’ Face the Nation with Margaret Brennan, Bessent said an additional 100% tariff that President Donald Trump threatened earlier this month is “effectively off the table,” along with China’s rare earth restrictions. “So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime,” he said. Trump and Chinese President Xi Jinping are scheduled…
The era of “global boiling” is here, with United Nations scientists warning that drastic steps are needed to prevent a climate change catastrophe. But reversing the terrifying trend isn’t a lost cause, according to a Nobel Prize scientist Prof. Omar M. Yaghi. “We’re not too late,” the UC Berkeley professor, known as the inventor of reticular chemistry, said at Fortune’s Global Forum in Riyadh. “I think that once society decides that there’s a problem, we will get to work and those problems can be solved.” This year, Yaghi became the first Saudi national to receive the Nobel Prize in chemistry.…
When selling your home, first impressions are everything. Adding twilight real estate photos to your listing can elevate its appeal and capture a buyer’s imagination. These photos, taken during the magical hour just before sunrise or after sunset, increase a home’s appeal by making it look more inviting, highlighting exterior lighting and architectural details, and helping the listing stand out in a competitive market. This Redfin real estate article will show you how to effectively showcase your home for sale in Boulder or Portland to give you the best shot of selling fast. What are twilight real estate photos? Twilight…
Nestled between the blue-watered Adriatic Sea and the towering Dinaric Alps, Montenegro has experienced a 124% increase in the number of millionaires within its borders over the last decade, according to the Henley Private Wealth Migration Report 2025. In fact, it’s now the world’s fastest-growing millionaire hub. Its Prime Minister, Milojko Spajić says the shift isn’t just a happy accident—or down to the good weather. “We are very keen to bring the smartest and brightest of the world to Montenegro,” the 37-year-old leader said on stage at Fortune’s Global Forum in Riyadh, adding that low taxes are to thank for…
Any agreement would be a relief to international markets even it does not address underlying issues involving manufacturing imbalances and access to state-of-the-art computer chips. Beijing recently limited exports of rare earth elements that are needed for advanced technologies, and Trump responded by threatening additional tariffs on Chinese products. The prospect of a widening conflict risked weakening economic growth worldwide. China’s top trade negotiator, Li Chenggang, told reporters that the two sides had reached a “preliminary consensus,” while Trump’s treasury secretary, Scott Bessent, said there was “a very successful framework.” Trump also expressed confidence that an agreement was at hand, saying the Chinese “want to make…
What should feel like a bright, new beginning for early talent entering the job market is instead feeling pretty bleak. Take Aspen Bailey, for example. Aspen graduated in 2024 with two bachelor degrees: a B.S. in Data Science and a B.A. in Psychology. Over the course of two years, she submitted more than 1,400 job applications, out of which approximately 50 employers reached out to move forward with an interview. That’s less than 1%. “I felt very defeated when I was denied roles that I had high hopes for, especially the ones where I would make it to the final…
Europe in 2025 is walking a tightrope: It is the site of a major conflict between Russia and Ukraine, it is juggling its own autonomy while maintaining its special relationship with the power that is the United States, and it is working out how to ride the AI wave while keeping the technology in check. Leaders of Europe have tough choices ahead warned Croatia’s former president, Kolinda Grabar-Kitarović, on stage at Fortune Global Forum in Riyadh this weekend. Their decisions during this “inflection point,” she said, will determine whether the region sinks or swims. “This is the moment of taking…
At the Fortune Global Forum in Riyadh, Saudi Arabia’s Minister of Investment, Khalid A. Al-Falih, described the breakthroughs occurring under Vision 2030, the kingdom’s economic transformation plan that is roughly nine years old. Describing 2025 as a “pivotal moment,” the minister argued that “the very foundations of global business are being shaken, in a way, and being rewritten before our own eyes.” He described “tectonic shifts” in geopolitics, global trade, technology, supply chains, energy, even demographics, “all converging to reshape how companies and countries think and operate, how they compete and create value for their stakeholders.” In conversation with Fortune…
President Donald Trump’s extra 10% duty on Canada added fuel to the debate over his legal authority on trade, just as the Supreme Court is about to consider a challenge to his global tariffs. In a Truth Social post on Saturday, he blasted the Ontario provincial government for not immediately taking down a TV ad that features remarks from former President Ronald Reagan criticizing tariffs. “Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now,” Trump wrote. He didn’t cite a specific…
OpenAI’s new ChatGPT Atlas browser may have just redrawn the map of the internet. By building AI directly into the browsing experience, Atlas transforms search into conversation and automation — a move that challenges Google’s dominance and puts Microsoft squarely in the fight.