Editors' Picks

Forbes Daily: Tariff Pause Brings Markets Back From The Brink

Forbes Daily: Tariff Pause Brings Markets Back From The Brink

ByDanielle Chemtob,

Forbes Staff

andForbes Daily,

Forbes Staff

Today’s Forbes Daily newsletter covers Trump’s tariff pause and stock market rally, our 2025 AI 50 list, China TikTok deal update, international travel declines and more.

More From Editors' Picks

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14 minutes ago

How Trump’s Bitcoin Policies Are Making The U.S. A Crypto Superpower

Trump made many campaign promises to ease regulations on crypto businesses. His administration appears to be delivering and setting the stage for a bitcoin bull market.

ByLeigh Cuen,

Forbes Staff

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2 hours ago

Meet The Founder Of America’s Best-Selling Cannabis Drink

Aaron Nosbisch fell in love with pot as a teenager, much to the chagrin of his ATF agent father. He’s now the CEO of Brēz, the leading brand in the buzzy THC beverage market. And Dad is a customer.

BySimone Melvin,

Forbes Staff

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2 hours ago

Inside Stiiizy, The World’s Best-Selling Weed Brand

James Kim’s Los Angeles-based cannabis company grew from a scrappy startup in 2017 to a legal unicorn worth $1.5 billion. Allegations of black-market activity and lawsuits be damned—Stiiizy aims to be the Nike of cannabis.

ByWill Yakowicz,

Forbes Staff

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16 hours ago

The 2025 WNBA Draft Class Enters A League Growing And Fighting Online Harassment

WNBA forms task force to combat online harassment targeting women athletes. Commissioner Engelbert announced the initiative, citing increased abuse fueled by social media, gambling, and NIL deals.

ByLindsey Darvin,

Contributor

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19 hours ago

Finding Humanity In The Workplace As AI Takes The Lead

Plus, some employers consider issuing burner phones to U.S.-bound staff, Nike AI head goes to Big Pharma, AI agents are already taking over work and more in this week’s Careers newsletter.

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19 hours ago

After Border Incidents, Employers Worry–And Even Issue Burner Phones For U.S. Travel

Some foreign business travelers are taking precautions, just as they would for travel to China. Meanwhile, U.S. companies with foreign workers have their own worries.

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22 hours ago

Forbes Daily: Americans Keep Spending Despite Low Consumer Confidence

Today’s Forbes Daily newsletter covers Powell’s inflation warning, Tesla’s California sales, Nvidia’s expected loss, DeepSeek warnings, California sues Trump and more.

ByChris Dobstaff,

Forbes Staff

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23 hours ago

3 Ways Losing Tax-Exempt Status Could Cost Harvard University Billions

Trump has requested that Harvard’s tax-exempt status be revoked. This article discusses 3 key ways that being a 501(c)(3) organization generates so much in tax benefits.

ByNathan Goldman,

Contributor

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23 hours ago

Hermès Surpasses Growth Estimates, Nears $5 Billion In The First Quarter

French high-end house, Hermès, is showing its competitors how to do luxury right in a difficult consumer market.

ByKevin Rozario,

Contributor

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24 hours ago

How Scott Bessent’s LLC Flipped A House And Lost $100,000 In One Month

South Carolina real estate records show an odd transaction just as Bessent was taking office as Treasury Secretary.

ByKyle Khan-Mullins,

Forbes Staff

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24 hours ago

Columbia University Pays Trump Millions Of Dollars A Year

The Trump administration canceled $400 million of federal funding to Columbia, but New York’s Ivy League university keeps handing millions to the president.

ByDan Alexander,

Forbes Staff

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24 hours ago

The Fast-Growing Fintech Bringing Stripe-Like Payments To Latin America

Santiago-based Toku has secured $39 million in new funding to try to do for business payments what Brazil’s Nubank has done for consumer banking: use technology to dramatically improve the outdated status quo.

ByJeff Kauflin,

Forbes Staff

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24 hours ago

Trump Visa Crackdown Upends International Student Consultant Business

As the Trump administration cracks down arbitrarily on student visas and xenophobic rhetoric scares away potential foreign students, agencies specializing in recruiting foreign students are in peril.

ByEmma Whitford,

Forbes Staff

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24 hours ago

Why An MBA Is A Mistake For Most Small Biz Owners

Many small business owners say an M.B.A. costs too much and delivers too little. For those looking to buy or run a business, real-world experience may matter more.

ByBrandon Kochkodin,

Forbes Staff

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TRENDING24 hours ago

This AI Founder Has Unseated Taylor Swift As The World’s Youngest Self-Made Woman Billionaire

Lucy Guo, the 30-year-old cofounder of Scale AI, has become the youngest self-made woman billionaire by holding onto her stake long after leaving the company.

ByKerry A. Dolan,

Forbes Staff

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Apr 17, 2025

Thai Billionaire’s Frasers Property, Morgan Stanley In JV To Manage Industrial Properties In Australia

The 50-50 joint venture, Frasers Prime Logistics Venture, will own and operate eight assets with a combined gross floor area of 188,000 square meters valued at $380 million.

ByYessar Rosendar,

Forbes Staff

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Apr 16, 2025

Malaysian Tycoon And Son Win Multibillion Dollar Energy Contracts To Make Their Offshore Vessel Operator Yinson The World’s Third-Biggest

Lim Han Weng and Lim Chern Yuan have turned their Yinson Holdings into a well-oiled machine that helps global oil and gas giants with deep-sea extractions.

ByJonathan Burgos,

Forbes Staff

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From the May 2025 issue

Billionaire Robert Kuok, Malaysian Tycoons Seek Profit From Data Center Boom

As these global tech giants From Amazon to Microsoft pour billions into expanding their data storage footprints amid an AI boom, several Malaysian tycoons have latched on to this new wave.

ByJonathan Burgos,

Forbes Staff

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From the May 2025 issue

Rising Shares Of AI-Powered ITMax System Earns Former Cop A Debut Spot Among Malaysia’s Richest

After a stint with the Royal Malaysia Police, Tan Boon Hock, who makes his debut in the ranks at No. 40 with $490 million, worked as an engineer then started his own electrical contracting firm in 1984.

ByPhisanu Phromchanya,

Contributor

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From the May 2025 issue

Casino Billionaire Lim Kok Thay Makes Key Moves To Future-Proof His Resorts Empire

Casino billionaire Lim Kok Thay put his succession plans into motion at his family’s Genting Group, stepping down as CEO in February after nearly two decades.

ByYessar Rosendar,

Forbes Staff

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From the May 2025 issue

Malaysia’s Sunway Group Chairman Jeffrey Cheah Says The Best Is Yet To Come

With its shares up by nearly one-fifth in the past year, Sunway has delivered healthy returns to its investors, giving a $600 million boost to the net worth of Jeffrey Cheah, Sunway’s founder and chairman.

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From the May 2025 issue

Malaysian Convenience Store Chain 99 Speedmart Accelerates Expansion

Last September’s listing of 99 Speed Mart Retail Holdings raised $532 million in what was Malaysia’s biggest IPO in seven years.

ByYessar Rosendar,

Forbes Staff

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From the May 2025 issue

Malaysia’s 50 Richest 2025: Tycoons Get A Wealth Boost Despite Market Mayhem. Robert Kuok Remains Country’s Richest.

A stronger ringgit, up more than 5% in the past 12 months, helped to lift collective wealth to $90 billion.

ByAnu Raghunathan,

Contributor

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Apr 16, 2025

Russia’s Arming For Space War I, Targeting SpaceX Satellite Systems

As Russia deploys fighter jets to obliterate SpaceX Starlink stations across Ukraine, it's also developing weaponry that could be used in an all-out war in space.

ByKevin Holden Platt,

Contributor

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PREMIUMApr 16, 2025

Tesla’s California Sales Tank Amid A Grim Quarter For The Top EV Brand

Its share of the Golden State’s EV market fell below 50% for the first time as anti-Musk protests raged and it contends with an aging lineup and more competition.

ByAlan Ohnsman,

Forbes Staff