Business
Gold edges higher as soft US data lifts safe-haven demand
Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market…
Swedan Margen
Swedan Margen contributes to L'Officiel Lifestyle with a focus on business and entrepreneurship.
Swedan covers business developments, emerging companies, entrepreneurial stories, and trends influencing industries and the broader economy.
The goal is to bring readers accessible coverage of business stories while highlighting developments, ideas, and opportunities shaping the marketplace.
Business · Entrepreneurship · Companies · Industry Trends · Innovation
Politics
Trump, citing national security concerns, signs new travel ban for 19 countries
President Trump issued a new broad travel ban Wednesday on 12 countries and a partial ban on seven others, saying the U.S. doesn't have…
Politics
Supreme Court won't block release of officers' names who attended 'Stop the Steal' rally
The Supreme Court on Wednesday refused to block a state court ruling that would reveal the names of Seattle police officers who were…
Politics
Trump issues proclamation to block new foreign students from studying at Harvard
President Trump issued a proclamation Wednesday night ordering his government to deny entry to the U.S. for any new foreign students who…
Politics
Trump orders DOJ probe of Biden aides commandeering the autopen
President Trump Wednesday ordered Attorney General Pam Bondi to investigate the Biden administration's use of the autopen and alleged…
Business
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Politics
White House pushes back on CBO estimate that Trump bill could add $2.4T to deficit
Office of Management and Budget Director Russell Vought on Wednesday pushed back on new analysis by the nonpartisan Congressional Budget…
Business
Mercedes, BMW step up response to China export curbs to avoid shortages
Automakers in the US and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt…
Business
Oil settles 1% lower after US data shows large builds in fuel stocks
Oil prices settled down just over 1 per cent on Wednesday after US data showed surprisingly large build in petrol and diesel inventories,…
Politics
Judge orders due process for illegal immigrants deported to El Salvador's terrorist prison
A federal judge on Wednesday ruled that the government violated the due process rights of illegal immigrants when it speedily ousted them…
Politics
OMB director asks Congress for $17 million while seeking to slash spending on other agencies
Office of Management and Budget Director Russell Vought asked Congress for an additional $17 million in taxpayer funds for his agency on…
News
Sarah Ruhl’s Guides in Life and Art
In the playwright Sarah Ruhl’s new book, “Lessons from My Teachers,” she writes of a period in her life when she—by then a celebrated…
Politics
What Did Elon Musk Actually Accomplish, Except His Own Downfall?
Though he is distancing himself from Trump now, his original progressive fans will forever tie him to Trump anyway. Source link
Business
Meta sued by Eminem's publishing company over alleged copyright infringement
Eight Mile Style, a company that owns some of Eminem’s most popular songs, is suing social media giant Meta over alleged copyright…
Politics
Video: How Trump Talks About Antisemitism
On the campaign trail, President Donald Trump repeatedly promised voters that he’d be the “best friend Jewish Americans have ever had in…
Business
AMC Networks partners with AI startup Runway
AMC Networks, known for series such as “Breaking Bad” and “The Walking Dead,” is partnering with AI startup Runway to use AI tools for…
Politics
Senators battle it out over Trump, rule of law during first appeals court nominee's hearing
Facing a wall of anti-Trump rulings from Democrat-appointed judges, Republicans took the first steps on Wednesday to rush reinforcements…
News
Who Cares About Habiba Soliman?
Spare us the guilt trip over the fate of the Boulder jihadist’s family. Source link
Politics
Trump’s Team Should Shake Off Biden-Era Anxiety About Russian Nukes
The Biden administration was too receptive to Moscow’s nuclear hostage-taking tactics. Trump should strike a more stolid posture. Source…
Business
STMicro to cut 5,000 jobs in next 3 years, says CEO
STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job cuts announced earlier this year,…
Politics
AI & Job Losses: Straws in the Wind
The week of May 26, 2025: AI and graduate (un)employment, tariffs, nuclear power, Apple, and much more. Source link
Politics
Trump's big bill will cut taxes by $3.7T and add $2.4T to deficit, budget office says
President Trump's big bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits by $2.4 trillion…
Business
US: Wall Street opens slightly higher after private payrolls data
stocks inched up in choppy trading on Wednesday (Jun 4) after weaker-than-expected private payrolls data deepened concerns about the Trump…
Politics
Trump says it is hard to make a deal with Chinese President Xi ahead of possible call
President Trump complained Wednesday that it's "extremely hard" to make a deal with Chinese President Xi Jinping, as the U.S. and China…