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Allies to agree to spending hike but will they deliver?

US Secretary of Defense Pete Hegseth holds a bilateral meeting with NATO Secretary General Mark Rutte (2nd L) at the Pentagon in Washington, DC, April 24, 2025. Brendan Smialowski | AFP | Getty Images Fireworks could kick off during NATO’s annual summit this week, as the U.S. pushes its allies to sharply increase their defense … Read more

‘5% will happen,’ U.S. says, as NATO defense spend hike looks likely

U.S. Secretary of Defence Pete Hegseth attends the meeting of North Atlantic Council defence ministers during the NATO defence ministers’ meeting at the NATO headquarters on June 05, 2025 in Brussels, Belgium. Omar Havana | Getty Images News | Getty Images A higher defense spending target for NATO members is looking likely, as the alliance … Read more

OPEC+ members could hike July oil output by 411,000 barrels per day

Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude oil output at a meeting later this week. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance could hike output by as much as 411,000 barrels per day in July, two … Read more

This Huge 25,000mAh 145W Power Bank Is Nearly Free, Amazon Clears Stock Before Tariff Hike

Ugreen is one of the top names in the portable charging world, side by side with Anker at the very top of the market. Both are famous for innovation and their products are the go-to option if you need to keep your devices charged while on the go. But with tariffs looming that will have … Read more

DOW Jones up 140 points on retail spending figures and Wallmart price hike warning

Stocks inched higher today, despite concerns over lower retail spending and escalating retail prices. U.S. stocks edged up on Thursday, May 15, even amid negative retail indicators. The Dow Jones was trading at 42,191, up 140 points or 0.33%. The S&P 500 rose 18.75 points, or 0.32%, to 5,911. Meanwhile, the tech-focused Nasdaq was nearly … Read more

Apple reportedly plans to hike prices of upcoming iPhones

Apple is planning to increase the prices of its iPhone lineup set to launch this autumn, though it is trying not to make it seem as if the hikes are connected to the U.S.’ tariffs on imports from China, The Wall Street Journal reported, citing anonymous sources. The company is considering instead linking the price … Read more

Trump’s tax hike on millionaires is back on the table—but experts say it won’t make a dent in the ultra-rich

As Republicans in Congress try to negotiate a fiscal policy bill, a decidedly un-Republican concept is back on the table: Raising the tax rate on the highest earners.  President Donald Trump reportedly asked House Speaker Mike Johnson this week to create a new tax bracket for people making over $2.5 million, the New York Times … Read more

Tax hike on rich OK, but GOP probably shouldn’t do it

President Donald Trump on Friday tepidly backed the idea of raising taxes on the richest Americans, while openly wrestling with the politics of such a move and suggesting that his fellow Republicans should “probably” oppose it. Trump’s public deliberation on social media came after he reached out to House Speaker Mike Johnson, R-La., about adding … Read more

Amazon sellers hike prices of goods after Trump’s China tariffs

A person works at the Amazon warehouse, busy on Prime Day, in Melville, New York, July 11, 2023. Soren Larson | Reuters For 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most of his products are manufactured in China. Cordovez, co-founder of Zulay Kitchen, said his … Read more

Amazon Is Going Nuts Ahead of the Tariff Hike, this 4TB Seagate Hard Drive Is Almost Free

Buying cloud storage might seem like the modern solution for managing your files, but let’s be honest—it comes with its own set of challenges. Subscription fees stack up over time, and you’re often left wondering about the safety and privacy of your data. For those who prefer a reliable, one-time investment, nothing beats a physical … Read more

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