News
LeBron James passes billion-dollar milestone
Los Angeles Lakers superstar LeBron James has set another record by becoming the first active NBA player to reach billionaire status
According to Forbes, James has earned approximately $380million in earnings for the three teams he represented in his 19 seasons in the premier basketball competition, and over $900m from endorsements and other business ventures.
These include endorsement deals with Nike, AT&T, PepsiCo, and Walmart, as well as investments in Tonal, Lyft and Blaze Pizza.
Last year James earned a whopping $121.2 million, making him the second highest-paid athlete in the world behind only footballer Leo Messi.
The 37-year-old also holds a minority stake in English Premier League side Liverpool, when he went into partnership with Fenway Sports Group in 2011, before becoming a part owner in the organisation.
James also invested in movie studio SpringHill Entertainment, which helped to produce a film he starred in – Space Jam: A New Legacy.
The only other NBA player to pass the billion-dollar milestone is Michael Jordan, however, Jordan didn’t reach the ten-figure mark until a decade after retirement.
News
US–China trade talks are a handshake, not a deal
Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.
Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.
Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.
Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.
#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews
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Markets cautious as rate cut hopes fade
Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.
Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.
Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.
#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate
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Trump and Xi strike temporary trade truce after six years
Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.
Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.
President Donald Trump and Chinese leader Xi Jinping have agreed to a temporary trade truce, cutting tariffs and boosting U.S. exports.
Analysts remain cautious, warning deep economic divides still linger.
#Trump #XiJinping #TradeDeal #USChinaRelations #Tariffs #GlobalTrade #Economy #Soybeans #RareEarths #TickerNews
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