Author: Golden State Review Contributor

On June 4, 2025, the United States escalated its protectionist trade policies by implementing a 50% tariff on imported steel and aluminum, doubling the previous rate of 25%. President Donald Trump authorized the measure through an executive order, citing national security concerns and the need to bolster domestic manufacturing. The move has drawn criticism from international trade partners and raised concerns among economists about potential retaliatory measures and increased costs for American industries and consumers. Rationale Behind the Tariff Increase The Trump administration justified the tariff hike under Section 232 of the Trade Expansion Act of 1962, which allows for…

On June 5, 2025, the United Nations launched a landmark initiative aimed at bridging the digital divide in education, especially in underserved and remote regions around the world. The initiative, named “Education for All: Bridging the Digital Divide,” was introduced during a high-level conference at the UN headquarters in New York City, where government leaders, education experts, and technology companies gathered to discuss global efforts to ensure equitable access to digital learning tools and resources. The initiative aims to provide 500 million students in low-income and rural areas with access to digital devices and high-speed internet by 2030. The plan…

On June 3, 2025, former NFL quarterback and Pro Football Hall of Famer Peyton Manning officially joined the ownership group of the Denver National Women’s Soccer League (NWSL) team, making him one of the latest prominent athletes to invest in women’s sports. Manning’s involvement in the team comes at a time when the spotlight on women’s athletics is growing, and the move has been widely seen as part of a larger trend of high-profile athletes supporting and investing in the development of women’s professional leagues. Manning, who is considered one of the greatest quarterbacks in NFL history, expressed his excitement…

On June 3, 2025, Robinhood Markets made a significant move to expand its footprint in the cryptocurrency market by acquiring the well-established crypto exchange Bitstamp. The acquisition, which has sent Robinhood’s stock price up by 5.5%, marks a bold step in the company’s ongoing strategy to diversify beyond traditional stock and options trading into the rapidly growing digital asset space. Bitstamp, founded in 2011, is one of the oldest and most reputable cryptocurrency exchanges globally, with a strong presence in both the U.S. and Europe. The exchange offers a range of crypto trading services, including the ability to trade popular…

On June 3, 2025, Florida State University (FSU), Clemson University, and the Atlantic Coast Conference (ACC) officially resolved a longstanding legal dispute that had centered around the conference’s restrictive “Grant of Rights” agreement. The settlement, which comes after months of negotiations, marks a significant shift in the structure of the ACC, offering a more flexible financial arrangement for its member schools, particularly FSU and Clemson. The key element of the settlement is the dismantling of the “Grant of Rights” agreement, a clause that had previously allowed the ACC to control and retain media rights for its member schools. Under the…

On June 3, 2025, U.S. stock markets exhibited mixed performance following a significant update from the Organisation for Economic Co-operation and Development (OECD), which revised its global GDP growth forecasts downward. The OECD’s decision to lower its economic growth outlook for several key regions sent ripples through global financial markets, influencing investor sentiment in the U.S. While the Nasdaq, S&P 500, and Dow Jones Industrial Average all registered modest gains by the end of the trading session, market participants appeared cautious, influenced by broader global uncertainties. The OECD’s revised forecasts indicated a slower pace of recovery for global economies, including…

As the San Francisco Giants prepare to face off against the San Diego Padres on June 2, 2025, all eyes are on third baseman Matt Chapman, whose status for the game remains uncertain. Chapman was involved in a collision during a recent game, sparking concerns about his physical condition and his ability to take the field for the Giants in the evening’s matchup. Despite the growing interest from both fans and analysts, there has been no official injury report issued by the team as of June 2, 2025, leaving many wondering whether Chapman will be cleared to play. The uncertainty…

In a move aimed at restructuring its operations and adapting to evolving market conditions, U.S. Cellular has announced plans to lay off 4,100 employees in June 2025. The company informed the U.S. Department of Employment Services about the upcoming employment separations, which are scheduled to begin on June 2, 2025, or within 14 days of that date. The layoffs will primarily affect remote employees, as well as workers at corporate-owned U.S. Cellular retail locations across the country. This decision marks a significant step in U.S. Cellular’s ongoing efforts to streamline its business and reduce costs amid an increasingly competitive telecommunications…

Recent editorials from prominent U.S. and international outlets have sharply critiqued former President Donald Trump’s policies, particularly in relation to his approach to presidential pardons, the war in Ukraine, steel tariffs, and his handling of issues affecting vulnerable children. The opinions from these various media outlets reflect the polarized nature of Trump’s legacy, underscoring both domestic and international concerns regarding his actions and decisions while in office. One of the most prominent critiques comes from The Washington Post, which raised alarms about Trump’s extensive use of presidential pardons. The editorial argues that Trump’s actions in granting pardons, particularly to allies…

On June 2, 2025, U.S. stock markets displayed remarkable resilience, rebounding from the uncertainty sparked by escalating trade tensions between the United States and China. Despite concerns over the revival of trade disputes, major stock indexes closed in the green. The Dow Jones Industrial Average edged up by 35 points, while the S&P 500 gained 0.4% and the Nasdaq climbed by 0.7%, indicating investor confidence in the face of potential economic disruptions. The sudden spike in trade tensions has been linked to President Trump’s recent accusations against China. He alleged that the country violated a truce that had been agreed…