QtrendsTaylor Swift's rumored wedding at Madison Square Garden is generating massive media attention, with the couple donating $26M to charities ahead of the event. China's electric vehicle makers Leapmotor and Zeekr set monthly sales records, challenging Tesla's market position. US job growth slowed sharply in June, with only 57,000 payrolls added and the unemployment rate rising to 4.2%. Trump earned over $1 billion from crypto businesses last year while most of his coin's investors lost money. The Trump administration's sweeping student loan changes took effect July 1, limiting how much students can borrow.
Taylor Swift is reportedly planning a lavish wedding at Madison Square Garden, with costs potentially exceeding $20 million. The couple has donated $26 million to charities ahead of the event. The massive price tag and celebrity attention have turned the wedding into a major media phenomenon. Forbes analyzes how the wedding could easily top $20 million in total expenses.
Leapmotor and Zeekr have achieved record monthly sales for the second consecutive month, powered by new technologies and challenging Tesla's dominance in China. Meanwhile, Tesla's electric Semi truck has been involved in its first fatal crash, raising safety concerns. Tesla's overall sales have surged 25% on a recovery in Europe, painting a mixed picture for the EV giant.
The US economy added only 57,000 jobs in June, far below expectations, signaling a significant cooling in the labor market. The unemployment rate rose to 4.2%, its highest level in recent months. Economists express concern that employers remain reluctant to hire amid persistent economic uncertainty. The sluggish job data raises questions about the Federal Reserve's next policy moves.
Financial disclosures reveal that Donald Trump earned approximately $1.2 billion from crypto businesses last year. While Trump profited handsomely, most investors in his branded crypto coin suffered losses. The revelations come from detailed financial filings covering Trump's crypto, real estate, and other business interests. The disparity between Trump's gains and ordinary investors ' losses has drawn sharp criticism.
The Trump administration's comprehensive student loan reforms took effect on July 1, implementing new borrowing limits and program changes. The changes aim to lower college costs by restricting how much students can borrow. NPR examines whether limiting borrowing will actually force schools to reduce tuition prices. The sweeping changes are expected to impact millions of current and prospective students.