MacKenzie Scott donates $70M to UNCF to bolster HBCUs

Billionaire philanthropist McKenzie Scott donated $ 70 million on Tuesday United Negro College Fund (UnCF), the largest private supplier of scholarship Historically black colleges and universities (HBCUS). According to The Associated Press, the gift is one of the largest single donations of Scott and has been publicly revealed in 2025. It follows the organization in…

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SK Hynix shares hit multidecade highs, Samsung also surges as chipmakers partner with OpenAI

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Shares of South Korean chip heavyweights Samsung Electronics and SK Hynix surged Thursday, a day after the two companies partnered with artificial-intelligence major OpenAI as part of the U.S. firm’s Stargate initiative. Shares of Samsung hit…

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China trade data: imports, exports soar

NANJING, CHINA – JULY 09: Aerial view of new energy vehicles waiting for shipment at Longtan Port Area of Nanjing Port on July 9, 2026 in Nanjing, Jiangsu Province of China. Yang Suping | Visual China Group | Getty Images China’s trade growth accelerated far more than expected in June, as booming global demand for…

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