Business
Saigon Sentinel · Section
Markets, jobs, trade, and economic policy — including the small-business and entrepreneurship landscape for Vietnamese Americans.
- Business
81 Billion Dollar Tax Refund After Court Ruling: The Hidden Cost Behind Import Business Victory
The 81 billion dollar tariff refund is not a sign the White House is abandoning tariffs — it is a legal pause before a new tariff layer, based on forced labor accusations, is set to take its place.
- Business
US Gasoline Prices Rise 2.07% to $3.855, Ending 12-Week Low
The U.S. national average gasoline price rose 2.07% to $3.855 per gallon in the week of 13/7/2026, ending a decline that had brought prices to a 12-week low of $3.777 in the previous week. Compared to a year ago, prices …
- Business
Twelve States Sue to Block Paramount–Warner Deal: An Antitrust Battle in the Heart of Hollywood
Twelve states sue to block the Paramount–Warner deal immediately after the federal government gave it the go-ahead — this clash is not just about antitrust law, but about who truly controls American media.
- Business
TSMC Cashes In on AI, but Capacity Shortage Is the Real Concern
TSMC's record revenue is more than good financial news — it exposes a troubling reality for the U.S. tech industry: nearly all of the world's AI chips depend on the capacity of a single company.
- Business
S&P 500 reaches 12-session high of 7,575.39 points on July 10, 2026
The S&P 500 closed on July 10, 2026 at 7,575.39 points — the highest level in the most recent 12 trading sessions, up 20.62% from the same period last year, according to S&P Dow Jones Indices data.
- Business
Apple's lawsuit against OpenAI: new legal risks for Vietnamese-origin engineers job-hopping in Silicon Valley
The Apple lawsuit against OpenAI is not merely a dispute between two corporations — it is a reminder to Vietnamese-origin engineers in Silicon Valley that exit paperwork and non-disclosure agreements can now become serio…
- Business
S&P 500 Reaches 7,543.64 Points, Up 20.44% From One Year Ago
The S&P 500 index reached 7,543.64 points on July 9, 2026, up 20.44% compared to exactly one year ago — according to S&P Dow Jones Indices data (FRED), this longer-term picture is more noteworthy than weekly fluctuations…
- Business
Fed divided on interest rates: A tough puzzle for homebuyers, remittance senders, and Vietnamese-origin savers
The Fed just released minutes showing internal divisions nearly split 50-50 on whether to raise interest rates — putting Vietnamese homebuyers, remittance senders, and elderly Americans in a difficult position as they pl…
- Business
US Gas Prices Fall to 12-Week Low: 3.777 USD/gallon
The US average gas price last week was 3.777 USD per gallon, the lowest in the last 12 reporting periods with nine consecutive weeks of decline — but it remains 20.86% higher than the same period last year, according to …
- Business
Vietnam's GDP accelerates: Growth rate surges 45.68% from previous period
According to World Bank data, Vietnam's GDP growth rate has increased 45.68% from the previous period, bringing 2025's growth rate to 8.02% — higher than 2024's 7.04% and approaching the 8.54% peak recorded in 2022.
- Business
Alibaba escapes lobbying ban — but risks still loom for Vietnamese-origin importers
A federal court order temporarily suspending the lobbying ban against Alibaba might sound like good news for the Chinese technology company, but for import businesses and Vietnamese-origin investors, it is merely a brief…
- Business
S&P 500 rises for third straight period, hits 7,537.43 points — highest in data window
The S&P 500 has now risen for three consecutive periods, reaching 7,537.43 points on 06/07/2026 — the highest level in the data window and up 20.99% from the same period last year, according to S&P Dow Jones Indices data…
- Business
Prediction Market Faces Dual Squeeze: Vietnamese-American Investors Caught Between Federal and State Authority
Kentucky is the first Republican state targeted by the CFTC over prediction markets, after eight Democratic states were previously sued — demonstrating this is a cross-party federal power struggle, not mere partisan oppo…
- Business
Fed's Interest Rate Falls 16.17% Year-Over-Year, Now at 3.63%
The Federal Reserve's federal funds rate fell 16.17% compared to the same period last year, dropping from 4.33% to 3.63% — the lowest level in the past 12 months, according to Federal Reserve data via FRED. This long-ter…
- Business
US Gas Prices Down 7.01% Year-over-Year, Now at 3.831 USD per Gallon
US national average gas prices fell 7.01% year-over-year, dropping to 3.831 USD per gallon in the week of June 29, 2026 — the lowest point in the entire survey period, following eight consecutive weeks of decline.
- Business
App Store Fees Head to Supreme Court: Who in the Vietnamese-American Community Will Bear the Cost?
The App Store fee lawsuit between Apple and Epic Games heading to the U.S. Supreme Court is not just a matter for two large companies — it will determine the profit margins of thousands of small Vietnamese-American app d…
- Business
Vietnam's GDP Growth in 2024 Reaches 7.09% — a Gap of Nearly 6 Percentage Points from the Bottom
The gap between Vietnam's highest GDP growth rate (8.54% in 2022) and lowest (2.55% in 2021) reaches nearly 6 percentage points — according to World Bank data. In 2024, the country recorded GDP growth of 7.09%, reflectin…
- Business
Jobless Claims Drop 5.29% in Week Ending 06/20/2026 — Positive Signal for Labor Market
Initial jobless claims in the United States fell 5.29% in the week ending June 20, 2026, dropping to 215,000 claims from 227,000 the previous week — the sharpest decline in a series of three consecutive declining weeks, …
- Business
U.S. CPI Rises for Six Consecutive Months, Hits Highest Level in Over a Year
The U.S. CPI index just recorded its sixth consecutive month of increase, reaching 335,123 in May 2026 — the highest level in the tracked dataset and 4.47% higher than the same period last year, according to the Bureau o…
- Business
Vietnam's GDP growth reaches 7.09% in 2024, surging past the pandemic trough
Vietnam achieved GDP growth of 7.09% in 2024 according to World Bank data — the highest rate since 2022 and nearly approaching the pre-pandemic peak, with a change of 10.57% compared to 2023.