Business Stories from July 30, 2025 (Change date)
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State-backed quantum park plan expands with new companyJul 30, 2025 8:59 am - Quantum computing company Infleqtion will open an office in Illinois and build a “neutral atom” quantum computer on Chicago’s South Side. Infleqtion is expected to receive at least a $5 million tax credit through a state program meant to incentivize microchip manufacturing and quantum computing.
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Trump's latest tariff deadline is approaching. Here are the trade deals the US has announced so farJul 30, 2025 8:08 am - The clock is ticking closer to U.S. President Donald Trump's latest tariff deadline of Aug 1. And while several more deals — or at least frameworks for deals — have been reached since his last tariff deadline of July 9 came and went, trade talks with many countries are still in flux.
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US economy bounds back, expanding 3% in second quarter, but headline growth number masks weaknessesJul 30, 2025 7:44 am - The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump’s trade wars.
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Trump announces 25% tariff on India and unspecified penalties for buying Russian oilJul 30, 2025 7:41 am - President Donald Trump says he’ll impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil.
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