
Jennifer Lopez pokes fun at the economy amid fears of U.S. recession
took aim at the shaky U.S. economy in reposting a viral meme that quoted her 2001 hit Love Don't Cost A Thing.
The 55-year-old star - who's worth an estimated $400million - shared her sentiments with her followers, adding a hysterical laughing emoji indicating she found it funny.
'Due to inflation, my love will now cost a thing,' the post read, which was a cheeky riff off the title of the track, which has more than 206 million YouTube views.
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J-Lo's fans got a laugh at the meme and many commiserated with star in the comments.
'That's right sister';'lmao exactly mother'; 'she not playin' games wit' yall!!' are just a few of the comments that agreed with her sentiment.
With concern that the U.S. may plunge into a recession, many people are feeling the pinch.
Trump has provided contradicting comments about what he plans on doing, leading to more uncertainty in the economic markets, the AP reported Friday.
The President has said that he will proceed with recalibrating the tariff rates in the coming weeks.
He and China are actively in talks regarding tariffs, while U.S. Treasury Secretary Scott Bessent and China government officials have said otherwise.
While funny, J-Lo's post doesn't really apply to her and her estimated net worth of $400 million.
However, one economic issue she has to deal with is the $68million house she and her ex-husband Ben Affleck bought during their brief marriage.
They renovated the Beverly Hills estate to suit their needs. But they've had very little interest in the pricey abode since it hit the market in August 2024.
Sources have told TMZ that Ben is eager to lower the price of the house while J-Lo is not ready to do so - despite there not being much interest in the abode.
'Jennifer thinks they can get more money for the home, so she wants to keep the price as is. But the real-estate market is not there and it's not selling,' an insider told Us Weekly.
Meanwhile, Ben is prepared to sell, no matter the final offer.
'Ben wants to get rid of it because their divorce is over and he wants to cut all ties and have it be done,' the insider stated.
He just wants it over and to sell it. He wants to reduce the price.'
Some realtors also informed TMZ that the $68m asking price is too high and needs to be dropped by at least 15 per cent if the pair want to offload their marital home.
An agent told the publication that the two stars had overpaid for the estate - which consists of 12 bedrooms and 24 bathrooms.
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NBC News
an hour ago
- NBC News
China hits back at Trump, saying U.S. actions 'severely undermine' trade truce
HONG KONG — China on Monday accused the United States of breaching the 90-day trade truce agreed by the world's two largest economies, after President Donald Trump said it was Beijing that had 'totally violated' the agreement. Last month, the U.S. and China announced a 90-day pause on most of their tit-for-tat tariffs, which had reached higher than 100%. Trump initially hailed the truce as a 'total reset' but said Friday in a post on his Truth Social platform that China had 'TOTALLY VIOLATED' the deal. The Chinese Ministry of Commerce struck back at Trump's remarks Monday, saying that while China had implemented and actively upheld the deal, the U.S. had introduced a series of 'discriminatory and restrictive measures against China' that 'severely undermine' the agreement. The ministry said those measures included AI chip export controls, a reported pause on the sale of chip design software to China, and the announcement of U.S. plans to revoke the visas of Chinese students. 'Instead of reflecting on its own actions, it has falsely accused China of violating the consensus, which is a serious distortion of the facts,' the ministry said in a statement. 'China firmly rejects these groundless accusations.' The ministry urged the U.S. to 'immediately correct its erroneous practices' and vowed to take 'strong and resolute' measures if Washington 'insists on acting unilaterally and continues to harm China's interests,' without providing details. U.S. Treasury Secretary Scott Bessent said Sunday that China was 'holding back' exports of rare earths that it had agreed to release as part of the truce. 'That is not what a reliable partner does,' he said on the CBS news program 'Face the Nation.' Rare earth minerals are a crucial component of products that cut across the U.S. economy, including the tech sector, the energy industry and automobile manufacturing. China supplies 60% of the world's rare earth elements and is responsible for the refining of 90% of them, according to the International Energy Agency. Bessent, who said last week that U.S.-China trade talks were 'a bit stalled,' said he was 'confident' that rare earths exports and other details could be 'ironed out' in a call between Trump and Chinese President Xi Jinping. 'Maybe it's a glitch in the Chinese system, maybe it's intentional. We'll see after the president speaks with the party chairman,' Bessent said, referring to Xi. Kevin Hassett, director of the National Economic Council, also suggested Sunday that the two leaders could speak as early as this week. 'President Trump, we expect, is going to have a wonderful conversation about the trade negotiations this week with President Xi,' he said on the ABC news program 'This Week.' Hassett said he was unsure whether a specific date for that conversation had been set. The last publicly known conversation between the U.S. and Chinese presidents was on Jan. 17, days before Trump's inauguration.

The National
3 hours ago
- The National
It's time to put renewed emphasis on life skills for our young people
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Glasgow Times
4 hours ago
- Glasgow Times
Harvey Weinstein does not plan to testify at sex crimes retrial
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