Business

Trump Announced Tariffs On 4/2/25—The Highest Import Taxes Since The 1800s: A 10% Baseline On U.S. Imports, With Steeper Rates For Nations Like China, Cambodia & Vietnam. The Move Ends Free Trade, Aiming To Boost U.S. Industry But Risking Higher Prices, Economic Damage, And Global Tensions. Stocks Lost $5T In 2 Days—The Biggest 2-Day Drop Ever

El Salvador, The First Country To Adopt Bitcoin As A Legal Tender, Now Partners With Tether For An Initiative Offering Foreign Investors A Salvadoran Passport For $1 M In Bitcoin. The Initiative Targets High-Net-Worth Investors, Raising Concerns About Socio-Economic Disparities And Displacements In Crypto-Attracting Areas Like El Zonte.

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Isaac Hayes III Made History As The First Black Entrepreneur To Raise $10 M In Equity Crowdfunding For His Social Media Platform, Fanbase. The Subscription-Based Platform Surpassed $4.5 M In Its Latest Campaign, Boosting Total Capital To Over 8 Figures. The Funds Will Enhance User Experience, Develop Creator Tools, And For Marketing.

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Dictador, A Spirits Producer, Appoints Mika, The First Humanoid Robot CEO Developed By Hanson Robotics (Creators Of Sophia). Mika, Powered By Advanced AI, Prioritizes Data-Driven Decisions. But Public Opinions On AI Leadership Vary, Especially On Respect & Job Displacement. Even President Biden Recently Addressed AI Security Concerns.

Jay-Z, Aka Shawn Carter, Aged 53, Tops Forbes’ Billionaires List As The World’s Richest Rapper With A Net Worth Of $2.5b As Of April 2023. His Wealth Stems From Music, His Entertainment Company-Roc Nation, Basquiat Art, Marcy Venture Partners, And His Business Venture/Partnerships With Armand De Brignac Champagne And D’usse Cognac.

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Elon Musk Is Now the First Person In The World To Lose $200 Billion, After His Company, Tesla, Stocks Plunged 65%, In 2022, Due To Increasing Competition From Electric Automakers. This Loss Has Made Him The Second Richest Person In The World, Behind LVMH Chairman, Bernard Arnault. Musk Had A Peak Net Worth Of $340 Billion In Nov. 2021.

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Amazon Is Now The First Publicly Traded Company In The World To Lose $1 Trillion Dollars In Market Value, After Its Market Value Shrunk From $1.88 Trillion To $879 Billion. The Loss Is Attributed To These Factors: Disappointing Earnings, Soaring Inflation, A Slumping Economy, Raising Interest Rates, And Tightening Monetary Policies.

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Botswana (38.5%), Uganda (38.4%) And Ghana (37.2%) Were Ranked, For The 3rd Consecutive Year, As The Top Economy In The World With The Most Women Run Businesses By The Mastercard Index of Women Entrepreneurs (MIWE). While Nigeria, Angola And Ghana Came First Globally In The Women’s Entrepreneurship Activity Rate In The 2021 Ranking.

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LeBron James, Aka King James, According To Forbes, Is Now The First Active NBA Player To Become A Billionaire. LeBron James, 37 Years Of Age And The Highest Paid NBA Player, Is Said To Have Made Most Of His Money, ~900 Million, From Brand Deals, Real Estate, And Investments. While ~$387 Million Came From Playing On The Court.

LeBron…

Alexandr Wang, At Age 25, Is Now Said To Be The New Youngest Self-Made Billionaire. And This Is All Thanks To The 6-Year-Old San Francisco–Based Company, Scale AI, Which He Cofounded After Dropping Out Of MIT At Age 19. Scale AI Technology Is Used By Major Companies And Organizations, Including The US Airforce, To Unlock Data Potential.

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