Chinese Stocks Plummet 12% in Worst Crash Since 2008

On April 7, 2025, the Chinese stock market experienced a significant decline, dropping over 12% in a single day. This event marks the largest single-day loss for Chinese stocks since the Global Financial Crisis in 2008.

Florida to Play Houston in the National Championship

Trump's Tariffs Prompt Global Trade Shifts

President Trump has recently imposed tariffs on various countries, prompting a range of reactions globally. Vietnam has responded by offering to drop tariffs on U.S. goods to zero, with plans to send diplomats to Mar-a-Lago to finalize the deal. In the UK, Prime Minister Keir Starmer has acknowledged the failure of globalization and expressed understanding of Trump's tariff decisions. Meanwhile, Elon Musk has advocated for a 'zero-tariff' system and a free trade zone between the United States and Europe, indicating a contrasting approach to global trade.

Dow Jones Slides More Than 2,200 Points Amid Tariff Announcements

Senate Passes Trump Budget

The amended framework would raise the debt ceiling by up to $5 trillion within the reconciliation process, taking future leverage away from Senate Democrats. It would also make Trump's 2017 tax cuts permanent . It passed mostly along party lines in a 51 to 48 vote around 2:30 a.m. ET on Saturday morning. Sens. Susan Collins, R-Maine, and Rand Paul, R-Ky., were the only two Republicans to join Democrats in opposing the measure..

Zelensky's Invests  $1.6 Billion into Platinum Mine

Ukrainian President Volodymyr Zelensky has acquired a 51% stake in Northam Platinum Ltd., a leading South African platinum mining company, for an estimated $1.6 billion. Zelensky is scheduled to visit South Africa on April 10th to meet President Cyril Ramaphosa, amid concerns over the deal's implications.

     LIBERATION DAY RECIPROCAL TARIFFS

The IRS and Income Tax is COMING TO AN END

The External Revenue Service was the first step to achieve this goal

DeSantis Proposes Property Tax Relief for Florida

Governor Ron DeSantis of Florida has proposed a plan to provide immediate property tax relief to homestead owners in the state. This proposal aims to redirect $5 billion originally intended for sales tax relief to offer an average rebate of $1,000 to Florida homeowners. The initiative is set to be considered by the Florida Legislature and reflects a broader discussion on tax burdens and potential relief measures for residents.

Gold Soars to $3,150 Amid Tariff Fears

Gold prices have reached an all-time high, surpassing $3,150 per ounce. This surge comes amidst reports that U.S. President Trump's administration is considering imposing global tariffs of up to 20% on virtually all U.S. trading partners. The proposed tariffs are expected to be announced as early as Wednesday, April 2nd, contributing to increased economic uncertainty as evidenced by a 4% drop in Japan's Nikkei 225 index.