Not only does this year’s Nissan Rogue have a new and stylish horizontal grille replacing years of its staid V-Motion design, it also adds some high-tech cameras that minimize or eliminate front-end damage.
The U.S. Commerce Department said last week that it would require export licenses for Nvidia’s H20 graphics processing units in a move that has halted the product’s sale to China. The move is expected to boost demand for Chinese companies like Huawei as they seek to provide a domestic alternative to Nvidia.As the U.S. tightens controls on Nvidia’s sales to China, the country’s rising domestic artificial intelligence chipmakers like Huawei stand to benefit, semiconductor analysts say. The Commerce Department said last week that Nvidia’s H20 graphics processing units — designed to comply with previous U.S. restrictions — would now require export licenses, as would additional chips from AMD. Nvidia says it has already halted exports of the GPUs, resulting in a quarterly charge of approximately $5.5 billion. But the American AI darling’s loss could be a gain for China’s local AI chip players as China continues to search for its own Nvidia alternative, semiconductor analysts told CNBC. “There are several local Chinese companies that produce chips to compete with Nvidia,” said Brady Wang, associate director at Counterpoint Research. Examples of these local AI chipmakers include tech powerhouse Huawei and the partially state-owned and publicly listed Cambricon Technologies, which designs GPUs. Shares of Cambricon were up over 10% in the past five trading days amid news of the latest Nvidia controls. The stock is up over 400% in the past 12 months. These local competitors now have greater impetus and opportunity to grow and improve their solutions, Wang said, adding that he expects that demand for their GPUs will increase.Can China fill the gap?Analysts pointed to Huawei as a clear leader in China’s race to find a Nvidia competitor. The U.S.-blacklisted company has been working on its own “Ascend 910” GPU series, the latest of which is reportedly the Ascend 910C.“With NVIDIA’s H20 and other advanced GPUs restricted, domestic alternatives like Huawei’s Ascend series are gaining traction,” said Doug O’Laughlin, an industry analyst at independent semiconductor research company SemiAnalysis.A recent report from SemiAnalysis states that although Huawei remains “a generation behind in chips,” the company is “making waves” with the hardware that uses them.“While there are still gaps in software maturity and overall ecosystem readiness, hardware performance is closing in fast,” O’Laughlin added. However, experts note that export controls have also hindered China’s ability to produce advanced GPUs at the same scale that Nvidia can through contract chipmakers like Taiwan Semiconductor Manufacturing Company, the world’s largest contract chip maker.“Huawei has shown to be a competitive fabless chip designer ... but they struggle to find enough supply from their foundries,” said Phelix Lee, a semiconductor-focused equity analyst for Morningstar. Because TSMC’s chipmaking equipment includes U.S. technology, the company has complied with U.S. trade restrictions on Huawei and the shipment of advanced chips to China. That has left Chinese companies increasingly reliant on domestic foundries like Semiconductor Manufacturing International Corporation.Nevertheless, SMIC is under its own export controls, which prevents it from accessing some of the world’s most advanced chipmaking equipment.Given those conditions, Lee said, he remains “very skeptical” that Chinese chip foundries would be able to supply enough H20 GPU alternatives to meet the demand of Chinese tech companies anytime soon.Are export controls working?However, experts say that Chinese chip makers won’t need to immediately fill this H20 demand thanks to stockpiles and previous export exemptions and loopholes. Last month, the Information reported that Chinese companies had placed orders for at least $16 billion in H20 server chips in the first three months of the year. Nvidia did not immediately respond to a CNBC request for comment.According to Counterpoint’s Wang, it’s unclear how long different firms’ existing stockpiles will last, but they provide Chinese chipmakers more time to scale up their GPU manufacturing. In the short term, “I believe the impact of the controls is limited ... In the middle to longer term, it will depend on the progress of this local GPU development,” he said. Meanwhile, according to the SemiAnalysis report, Huawei’s Ascend chip shows how China’s export controls have failed to stop firms like Huawei from accessing critical foreign tools and sub-components needed for advanced GPUs. “While the Ascend chip can be fabricated at SMIC, this is a global chip that has HBM from Korea, primary wafer production from TSMC, and is fabricated by 10s of billions of wafer fabrication equipment from the US, Netherlands, and Japan,” the report said.The SemiAnalysis report added that SMIC’s production capacity has the potential to grow massively, given continued access to foreign tools and the lack of effective sanctions and enforcement.TSMC is reportedly under investigation by the U.S. Department of Commerce after a chip it made for the China-based Sophgo matched one found in Huawei’s Ascend 910B artificial intelligence processor. Given Huawei’s GPU progress and reports of export control workarounds, a number of experts have expressed doubt that U.S. export controls on Nvidia will achieve their intended purpose. “U.S. controls on GPUs and semiconductor manufacturing equipment have primarily damaged US companies, including Nvidia, while having marginal impact on the ability of Chinese companies to develop frontier AI models,” said Paul Triolo, partner and senior vice president for China at DGA Group.Instead, export controls have encouraged the Chinese semiconductor industry to become more innovative while “designing out U.S. technology,” he added.Next month, Nvidia may face additional restrictions on what it can export, under “AI diffusion rules” first proposed by the Biden administration.
Enhertu plus pertuzumab demonstrated highly statistically significant and clinically meaningful improvement in progression-free survival vs. THP as 1st-line therapy for patients with HER2-positive metastatic breast cancer AstraZenecaENHERTU® Plus Pertuzumab Demonstrated Highly Statistically Significant and Clinically Meaningful Improvement in Progression-Free Survival Versus THP as First-Line Therapy for Patients with HER2 Positive Metastatic Breast Cancer Business WireAstraZeneca, Daiichi report PFS gains for Enhertu, Perjeta combo in front-line HER2+ breast cancer FirstWord PharmaEnhertu: drug approved for advanced cancers – here’s what you need to know The ConversationAstraZeneca Touts Positive Survival Data for Enhertu Combo in Broad Breast Cancer Population marketscreener.com
Southwest Airlines finally has some good news for passengers TheStreetSouthwest Airlines Just Made Another Big Change. This Time It’s Actually Smart Inc.comSouthwest Airlines Announces 'Unprecedented' Change Amid Free Bag Outrage Men's JournalSouthwest Airlines adding new Florida flights, laying off nearly 1,800 workers. What we know The News-PressScore Southwest’s New Extra Legroom Free From May 1—No Premium Fees Until 2026 View from the Wing
After taking away some of its most famous passenger perks, the airline has accidentally done something nice.
These large-cap stocks were the worst performers in the last week. Are they in your portfolio?UnitedHealth Group (NYSE:UNH) stock dipped 23.60% after the company reported worse-than-expected first-quarter results and cut its FY25 adjusted EPS guidance below estimates.Global Payments Inc. (NYSE:GPN) shares declined 16.55% after the company announced it had bought a stake in Worldpay for $6.6 billion.Applovin Corporation (NASDAQ:APP) stock decreased 9.71% after Goldman Sachs analyst Eric Sheridan cut ...Full story available on Benzinga.com
Pembroke Pines, Florida--(Newsfile Corp. - April 20, 2025) - As businesses look to increase efficiency and improve sales performance, new data suggests that AI-driven CRM automation is a critical factor in accelerating deal closure rates. A recent study by BluePaperclip found that companies leveraging automation and AI-assisted lead management reduced their sales...
Amazon makes urgent move to avoid US-China trade war impact TheStreetTariff Turmoil: One Artificial Intelligence (AI) Stock Down 26% to Buy Hand Over Fist Right Now The Globe and MailAmazon Is Better Prepared for the Trade War Than Investors Think - WSJ WSJAmazon (AMZN) Sellers Set to Lower Ad Spend and Hike Prices in Wake of Tariff Turmoil The Globe and MailTrump’s Tariffs Haven’t Resulted in Higher Prices on Amazon—Yet WIRED
The online retail giant is raising eyebrows with its latest move.
Major update required in April to keep Social Security benefits The Mirror USSSA confirms that it will block all payments to those who do not meet this requirement TododiscaSocial Security’s new anti-fraud measures start Monday. Here’s what you need to know CNNWhat to know as Social Security anti-fraud measures take effect NewsNationDo Retirees Now Need to Visit a Social Security Office to Apply for Benefits? Yahoo Finance
Boeing jet returns to U.S. from China, a victim of Trump’s tariff war CP24Boeing jet returns to US from China, a victim of Trump’s tariff war CNNOpinion: Boeing’s self-inflicted damage leaves it vulnerable in trade war as China halts delivery of company’s jets The Globe and MailHow China’s Boeing Ban Threatens to Backfire on Its Own Plane Maker - WSJ WSJA new Boeing jet meant for a Chinese airline reportedly returned to the U.S. because of the ongoing trade war Fortune
Boeing jet returns to U.S. from China, a victim of Trump’s tariff war CTV NewsBoeing jet returns to US from China, a victim of Trump’s tariff war CNNHow China’s Boeing Ban Threatens to Backfire on Its Own Plane Maker - WSJ WSJA new Boeing jet meant for a Chinese airline reportedly returned to the U.S. because of the ongoing trade war FortuneChina Orders Boeing Jet Delivery Halt as Trade War Expands Bloomberg
In the face of economic uncertainty, President Donald Trump‘s approval rating stands at 45% in a new Gallup poll.What Happened: Trump’s approval rating of 45% in the first quarter of his second term compates to the 41% approval rating he garnered one quarter into his first term. The average first-quarter approval rating for U.S. presidents from 1952 to 2020 stands at 60%.An Economist/YouGov poll at 42%, down 16 points from when he took office in January.Earlier in the month, Trump declared a 10% baseline tax on nearly all imports and ...Full story available on Benzinga.com
The Family Home: From Shelter To Asset To Liability Authored by Charles Hugh Smith via OfTwoMinds blog,The deflation of asset bubbles and higher costs are foreseeable, but the magnitude of each is unpredictable.With the rise of financialized asset bubbles as the source of our "growth," family home went from shelter to speculative asset. This transition accelerated as financialization (turning everything into a financial commodity to be leveraged and sold globally for a quick profit) spread into the once-staid housing sector in the early 2000s. (See chart of housing bubbles #1 and #2 below).Where buying a home once meant putting down roots and insuring a stable cost of shelter, housing became a speculative asset to be snapped up and sold as prices soared.The short-term vacation rental (STVR) boom added fuel to the speculative fire over the past decade as huge profits could be generated by assembling an STVR mini-empire of single-family homes that were now rented to tourists.Now that housing has become unaffordable to the majority and the costs of ownership are stair-stepping higher, housing has become a liability. I covered the increases in costs of ownership in The Cost of Owning a Home Is Soaring 11/11/24). Articles like this one are increasingly common:'I feel trapped': how home ownership has become a nightmare for many Americans: Scores in the US say they're grappling with raised mortgage and loan interest rates and exploding insurance premiums.The sums of money now required to own, insure and maintain a house are eye-watering. Annual home insurance for many is now a five-figure sum; property taxes in many states is also a five-figure sum. As for maintenance, as I discussed in This Nails It: The Doom Loop of Housing Construction Quality, the decline in quality of housing and the rising costs of repair make buying a house a potentially unaffordable venture should repairs costing tens of thousands of dollars become necessary.Major repairs can now cost what previous generations paid for an entire house, and no, this isn't just inflation; it's the result of the decline of quality across the board and the gutting of labor skills to cut costs.Here's the Case-Shiller Index of national housing prices. Housing Bubble #2 far exceeds the extremes of unaffordability reached in Housing Bubble #1:Here's a snapshot of housing affordability: buying a house is now an unattainable luxury for those without top 20% incomes and help from parents.The monthly payments as a percentage of income are at historic highs:Property taxes are rising in many locales as valuations bubble higher and local governments seek sources of stable revenues:Home insurance costs vary widely, but all are skewing to the upside.As I often note, the insurance industry is not a charity, and to maintain profits as payouts for losses explode higher, rates have to climb for everyone--and more for those in regions that are now viewed as high-risk due to massive losses in fires, hurricanes, wind storms, flooding, etc.All credit-asset bubbles pop, and that inevitable deflation of home valuations will take away the speculative punchbowl. What's left are the costs of ownership. As these rise, they offset the rich capital gains that home owners have been counting on for decades to make ownership a worthwhile, low-risk investment.The deflation of asset bubbles and higher costs are foreseeable, but the magnitude of each is unpredictable. The ideas that have taken hold in the 21st century--that owning a house is a wellspring of future wealth, and everything is now a throwaway destined for the landfill--are based on faulty assumptions, assumptions that have set a banquet of consequences few will find palatable.* * *Become a $3/month patron of my work via patreon.com.Subscribe to my Substack for free Tyler DurdenSun, 04/20/2025 - 10:30
First shockwaves of Trump’s tariffs are about to hit the world economy FortuneView Full Coverage on Google News
Satellite Images Expose China's Secretive Nuclear Submarine Force Newly published satellite imagery shows the latest developments at a Chinese naval base, which serves as the hub for China's nuclear-powered submarine fleet.Naval analyst Alex Luck noted that Google Earth recently updated satellite imagery of China's Qingdao First Submarine Base on the eastern coast. The images reveal at least six submarines docked near a pier, with one additional submarine visible in a drydock, per Luck's observations.The analyst observed that five of the nuclear-powered submarines captured in the imagery were equipped with conventional armaments.Close-ups. 1) 2x 09I SSN. 2) 09III(A) SSN. 3) 09III(A) SSN bottom, 09IV SSBN top, 4) unidentified SSN. pic.twitter.com/MgDPecGLF8— Alex Luck (@AlexLuck9) April 11, 2025Measuring the boomer, it should actually be the sole Type 09II SSBN, still hanging around. pic.twitter.com/N05hiRRIrj— Alex Luck (@AlexLuck9) April 11, 2025According to Newsweek:The sole Chinese Type 092 nuclear-powered ballistic missile submarine also appeared in the image. The experimental Type 092 is now inoperable and is replaced by its more advanced successor, the Type 094, the Federation of American Scientists wrote in a report in March. With regard to the unidentified submarine in the drydock, Luck suggested that it could be a boat undergoing scrapping, given maintenance is regularly also performed at another site. -NewsweekThe latest research by Department of Defense says it believes that China will expand its submarine fleet from 60 to 65 by the end of 2025. China’s submarine fleet could reach 80 in the next ten years, according to the Pentagon.As China continues to expand its military might, the new chairman of the Joint Chiefs of Staff, Gen. Dan Caine, is sounding the alarm of the U.S.’s ability to confront China. “The U.S. does not have the throughput, responsiveness, or agility needed to deter our adversaries,” Gen. Caine told the Senate Armed Services Committee. The U.S. military is bracing for possible confrontation with China over the Taiwan Strait. Adm. Sam Paparo, head of U.S. Indo-Pacific Command, warned that China is actively preparing for major military actions targeting Taiwan, according to the Washington Times.China is said to be building a novel type of amphibious vessel called Shuiqiao, or “water bridges,” to bolster a possible Taiwan invasion, the India Defense Review reports. These adaptable barges are engineered to swiftly transport heavy equipment across challenging coastal terrain, the report said.* * * Try IQ Biologix Astaxanthin - a super potent antioxidant (read more here).Satisfaction guaranteed. Simply ask for a refund...Taiwan’s president, Lai Ching-te, has vowed to boost the island nation’s defense spending to 3 percent of its gross domestic product. The increase would bring its military spending to up approximately one-fifth of its total spending budget. “Of course, there is the possibility that Xi Jinping would decide that this is the right time for the Chinese Communist Party to take aggressive action,” Sen. Chris Coons (D-DE) said of China’s dictator. “I think it’s exactly the wrong thing for them to do,” Coons added. “I think they would find a forceful and united response.” Tyler DurdenSat, 04/19/2025 - 22:45
Many of the cruise line's sailings have a major catch.
Some Canadian stores are labeling US imports with a T for 'tariffs' — and buyers are snapping up alternatives Business InsiderView Full Coverage on Google News
Easter Sunday: What restaurants, stores are open and which are closed for the holiday AxiosIs Walmart open or closed on Easter 2025? Here's what to know USA TodayWhat stores are open on Easter? Details on Target, Walmart, Starbucks and fast-food hours El Paso TimesIs Wegmans open on Easter? See which grocery stores are open this Sunday Democrat and ChronicleEaster 2025: What’s open, what’s closed? Walmart, Target, Publix, Aldi and more AL.com
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Biden Judge Blocks Trump's Order Ending 'X' Gender Marker On Passports Authored by T.J. Muscaro via The Epoch Times (emphasis ours),A federal judge ruled against the Trump administration’s executive order banning the use of an “X” on passports marked by people self-identifying as neither male nor female.AliaksaB/ShutterstockU.S. District Judge Julia Kobick of the District Court of Massachusetts - who in 2017 was part of a legal team that sued the Trump administration over an ACA provision and has been a judge less than 18 months, awarded the American Civil Liberties Union (ACLU) a preliminary injunction on April 18, staying the president’s executive action requiring sex, instead of gender identity, to be used as an identifier on government-issued identification documents.The executive order titled “Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government” was one of several signed by President Donald Trump on his first day in office.“It is the policy of the United States to recognize two sexes, male and female,” the order stated. ”These sexes are not changeable and are grounded in fundamental and incontrovertible reality.”The order stated that gender identity “reflects a fully internal and subjective sense of self, disconnected from biological reality and sex and existing on an infinite continuum, that does not provide a meaningful basis for identification and cannot be recognized as a replacement for sex.”U.S. District Judge Julia KobickIt ordered the secretaries of State and Homeland Security, and the director of the Office of Personnel Management to “implement changes to require that government-issued identification documents, including passports, visas, and Global Entry cards, accurately reflect the holder’s sex.”It also ordered the rescinding of prior federal guidance documents, including “The White House Toolkit on Transgender Equality.”The ACLU took legal action against the order on behalf of five plaintiffs who identify as transgender and two who identify as nonbinary, seeking to preserve the pro-LGBT policies put in place under President Joe Biden, allowing a third option on identification documents.“We all have a right to accurate identity documents, and this policy invites harassment, discrimination, and violence against transgender Americans who can no longer obtain or renew a passport that matches who they are,” ACLU lawyer Sruti Swaminathan said in a statement.The Trump administration argued that the president had broad discretion in setting the passport policy, and those policy changes did not “violate the equal protection guarantees of the Constitution.” The federal government also denied any harm befalling the plaintiffs due to the policy, since they were still free to travel abroad.The judge said the administration didn’t demonstrate substantial government interests in changing the rule.“The Executive Order and the Passport Policy on their face classify passport applicants on the basis of sex and thus must be reviewed under intermediate judicial scrutiny,” Kobick wrote. “That standard requires the government to demonstrate that its actions are substantially related to an important governmental interest. The government has failed to meet this standard.”Stacy Robinson and The Associated Press contributed to this report. Tyler DurdenSat, 04/19/2025 - 22:10
Here is a list of all the major retailers closing this year on April 20.
A Visual Breakdown Of Who Owns America's Wealth There are two types of households in the U.S.: the rich half and the poorer half.And the data is quite striking in this regard.This graphic, via Visual Capitalist's Pallavi Rao, breaks down America’s wealth (the total net worth of all U.S. households) by wealth percentile, and lists the number of households in each percentile.Data for this chart is sourced from the Federal Reserve as of Q3, 2024.U.S. Wealth Distribution is Top HeavyFor reference, the total net worth of all U.S. households is close to $160 trillion.The rich half own about $156 trillion (or about 98% of it). The poorer half only own about $4 trillion.Breaking down that top half even further, the top 1% (1.3 million families) owns about $49 trillion (or about one-third of the total share) by themselves.And going even further, about half of that $49 trillion is owned by the top 0.1%. That’s only around 136,000 households and includes all of America’s wealthiest people.Demographics of Wealth BandsThe Federal Reserve also has some insight of how much one needs to own in each wealth band.From their last analysis in 2022, households with less than $192,000 were the bottom 50% of the country. This band also had a higher concentration Black or Hispanic families without a bachelor’s degree.On the other hand, to be in the top 10% (not pictured in this graphic), a household needed at least $1.92 million in 2022. Asian and White families with at least a bachelor’s degree were overrepresented here.To find out the threshold for the top 1%, a different source, DQYDJ, estimated $13.7 million as the minimum household wealth. It takes $62 million for a household’s net worth to be in the top 0.1%.The rich are, in fact, growing richer. Check out: The 1%’s Share of U.S. Wealth Over Time to see the gains made. Tyler DurdenSat, 04/19/2025 - 21:35
Ojas restaurant drops 'plant-based' label as it adds meat to menu SooToday.com
Easter 2025: What’s open, what’s closed? Walmart, Target, Publix, Aldi and more AL.comWhat’s open and closed on Easter Day 2025 CNNWhat's open and closed on Easter 2025? Sunday hours for key stores and food chains. CBS NewsWhat stores are open, closed on Easter Sunday? Fox BusinessWhat retail stores are open Easter 2025? See details for Macy's, TJ Maxx, IKEA, more USA Today
A plus-size traveler claims discrimination after a flight attendant allegedly refused to push her wheelchair due to her weight. Stewartville StarPeople Are Ruthless After Plus-Sized Woman Complains About Not Being Pushed In Wheelchair AOL.comPlus-size traveler feels 'discriminated against' at airport after worker 'refused to push her wheelchair' The Mirror USPlus-size traveller says she was 'discriminated against' at airport after worker 'refused to push her wheelcha Daily Mail
Solar and wind power have been dominating new power installations all around the world. Renewables accounted for 92.5% of new power capacity globally in 2024, a stunning achievement, even if it’s been expected for the past decade. All of that new power capacity from clean, renewable energy is also gradually ... [continued]The post Zero-Emissions Electricity Surpasses 40% of World Electricity appeared first on CleanTechnica.
The 7,400-square-foot mansion stands as one of the few remains of the 75-room Penshurst Estate, built in 1901 on hundreds of acres and demolished just three decades later.
81% Bitcoin holders sit on gains, but inflows cool: What’s ahead for BTC? AMBCryptoWhales Are Taking Over Bitcoin... Are They Preparing For A Bullish Shock? CointribuneBitcoin Whale Accumulation Hits Highest Level Since April 2024 By U.Today Investing.com CanadaBitcoin’s 10% weekly gain amid worrying US economic data shows crypto trader sentiment shift CointelegraphBitcoin STH MVRV Climbs To 0.90, Is A Price Rebound On? Bitcoinist.com
Over the past several years, homeownership has become increasingly expensive, locking many young buyers out of the housing market. Inflation has increased the cost of living across the board, raising home prices and making it difficult for homebuyers to save...
NEWBURYPORT — Anna Jaques Hospital officials are replacing their longtime emergency department provider group due to a contract dispute.
ROME (AP) — Iran and the United States will begin having experts meet to discuss details of a possible deal over Tehran's rapidly advancing nuclear program, the top Iranian diplomat said Saturday after a second round of negotiations in Rome.
A strategy that’s worked well for the big-box giant is getting a second look.
With its new headquarters building, Rally House can offer better employee perks, but it also fits the retail chain’s vision for big growth.
Chocolate lovers are in for a rude awakening this Easter, with their favorite bars, cherished brands, and even the iconic Cadbury Creme Egg are significantly dearer compared to prior years.The 370% rally in cocoa prices, from $2,600 a ton in 2023 to $12,200 in April 2024, is more than just a bitter pill for consumers. It is weighing on the entire supply chain, from farmers and traders to confectionery giants and small chocolatiers alike.While prices have stabilized this year, they are still well above historic averages at $7,750 a ton, and analysts warn that there is little relief on the horizon.Turmoil In West Africa – Poor Weather, Crop Failures & FloodsThe world produces nearly 6 million tonnes of cocoa beans each year, with two-thirds of them coming from the West African nations of Ghana and Ivory Coast. Starting with the 2022-23 cocoa season, however, the region has been hit by a perfect storm of floods, crop failures, and shifting weather patterns.According to the International Cocoa Association, the global market has faced three consecutive years of deficit, the latest being a 150,000 tonne deficit during the 2024-25 season. Following devastating floods that wiped out key growing regions, the extra dry Harmattan season roasted the cocoa pods, according to a report by ING Group analysts. Harmattan refers to dusty easterly or north-easterly winds on the West African coast that prevail between December to February. To make matters worse, nearly 600,000 hectares of the 1.4 million hectares of land in Ghana that is under cocoa production has been infected with Swollen Foot Virus, which affects cocoa trees, harming their yield, and ultimately killing them, according to Reuters.Chart representing Cocoa prices in USD per Tonne: source: tradingeconomics.comEven as the dust ...Full story available on Benzinga.com
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Here's How Gas Pipelines & Seized Russian Assets Could Give The US Lots Of Leverage Over The EU Authored by Andrew Korybko via Substack,US control over the trans-Ukrainian and Nord Stream pipelines could incentivize the EU into concessions on their trade war while whatever seized Russian assets that the US obtains legal ownership of from Moscow could serve to justify ramping up pressure on the bloc in this context.Reuters reported earlier in the month that the latest version of Trump’s resource deal with Ukraine includes an “Easter egg” giving the US’ International Development Finance Corporation control over its international gas pipeline between Russia and the EU. This prompted another report from Reuters alleging that French and German firms are open to the possibility of resuming imports via that route. These reports collectively suggest that the US wants to control Russia’s pipeline gas exports to Europe.The triple rationale behind doing so would be to obtain further leverage over the EU amidst their trade war, buoy its struggling economy if a deal is reached so that it’s a more stable market for American exports, and incentivize Russia into agreeing to a ceasefire by restoring some of this lost revenue. In furtherance of this goal, the US might also try to obtain control over the four Nord Stream pipelines, the scenario of which was analyzed here and here.While control over the Kiev-owned Ukrainian pipeline could be obtained via Trump’s resource deal with Ukraine, which might require forcing Zelensky to form a government of national unity if he doesn’t agree to this on his own, different means would have to be employed for the Russian-owned Nord Streams. Hypothetically returning the estimated $5 billion of seized Russian assets under American jurisdiction wouldn’t suffice for replacing the nearly $20 billion that Nord Stream 1 and 2 cost in total.The additional $15 billion (or more if Russia demands such and the US agrees) could be obtained by pressuring the EU into releasing that amount of seized Russian assets under its jurisdiction. If the EU refuses, then Russia and the US could agree to a creative financial arrangement whereby Russia transfers legal ownership of this sum to the US, the US transfers this same amount to Russia, then Trump weaponizes the $15 billion of newly US-owned assets under EU jurisdiction as a chip in their trade war.This formula could also be utilized by them for facilitating Russia’s reportedly requested purchase of Boeing jets that Bloomberg recently claimed that it suggested buying with some of those seized assets. Taken to its extreme, the estimated $300 billion worth of total assets that the West seized from Russia could be transferred to the US via these means for large-scale purchases across a slew of industries that would solidify the strategic economic partnership that they want to forge in the post-conflict era.White House Press Secretary Karoline Leavitt recently said that “There is an incentive for Russia to end this war and perhaps that could be economic partnerships with the United States” so this could be the means to that end. Russia has also made do without those assets and doesn’t expect them to be returned in full, perhaps not even at all despite official rhetoric to the contrary, which is why this would be the most mutually beneficial use of them in the context of the nascent Russian-US “New Détente”.The creative energy diplomacy and financial arrangements that were proposed in this analysis would give the US lots of leverage over the EU. They’d correspondingly result in control over most Russian pipeline gas imports for incentivizing the EU into concessions on their trade war while whatever seized Russian assets that the US obtains legal ownership of from Moscow could serve to justify ramping up pressure on the bloc in this context. The Trump Administration should therefore seriously consider this. Tyler DurdenSat, 04/19/2025 - 10:30
ROME (AP) — Iran and the United States held a second round of negotiations Saturday over Tehran’s rapidly advancing nuclear program in Rome, U.S. and Iranian officials said. The U.S. official spoke on condition of anonymity to discuss the closed-door negotiations at the Omani Embassy in Rome’s Camilluccia neighborhood. Iranian state media also reported the [...]The post Iran and the US hold a second round of negotiations over Tehran’s nuclear program in Rome appeared first on CityNews Kitchener.
ROME (AP) — Iran and the United States began a second round of negotiations Saturday over Tehran’s rapidly advancing nuclear program in Rome, U.S. and Iranian officials said. The U.S. official spoke on condition of anonymity to discuss the closed-door negotiations at the Omani Embassy in Rome’s Camilluccia neighborhood. Iranian state media also reported the [...]
ROME (AP) — Iran and the United States prepared Saturday for a second round of negotiations over Tehran’s rapidly advancing nuclear program in Rome The talks in Italy over Easter weekend again will hinge on U.S. billionaire Steve Witkoff, the U.S. Mideast envoy of President Donald Trump, and Iranian Foreign Minister Abbas Araghchi. Whether the [...]
Bovard Warns Conservatives, Libertarians Over Foreign Student Persecution Cases Authored by Jim Bovard"If it is known that authorities have power to coerce, few people will wait for actual coercion," economist Friedrich Hayek wrote in the 1956 foreword to his 1944 classic, The Road to Serfdom. Hayek’s insight could be the Rosetta Stone for understanding the Trump administration’s censorship zealotry.On March 25, six masked federal agents seized a Turkish graduate student on the streets of Somerville, Massachusetts. Rumeysa Ozturk—who was wearing a hijab—was a Fulbright scholar working on a doctorate at Tufts University. Ozturk was snatched up because she co-authored a student newspaper op-ed a year earlier that criticized Israel, as I discussed here on March 31 (“First They Came for the Op-Ed Writers”).Secretary of State Marco Rubio denounced Ozturk as a "lunatic" and implied she was guilty of participating “in movements that vandalize universities, harass students, take over buildings, and cause chaos.” Ozturk was shuffled between detention facilities before being taken to Louisiana. A federal judge blocked the Trump administration’s attempt to deport her without any judicial proceedings.Ozturk’s student visa was secretly revoked several days before she was taken into custody. Did the Trump administration want a high-profile incident in order to deter any other students from writing op-eds or from protesting Middle East policies?On Sunday night, the Washington Post detonated the Trump case against Ozturk by publishing extracts from a confidential State Department memo. Prior to Ozturk being seized outside of Boston, senior DHS official Andre Watson sent a memo to the State Department stating that, “OZTURK engaged in anti-Israel activism... Specifically, [Ozturk] co-authored an op-ed article” that “called for Tufts to ‘disclose its investments and divest from companies with direct or indirect ties to Israel.’”But the State Department found that no federal agency had turned up any evidence that Ozturk “engaged in antisemitic activity or made public statements indicating support for a terrorist organization.” Despite Rubio’s vilification of Ozturk, the feds didn’t have squat on her.DHS wanted Ozturk expelled from the US under a provision in the Immigration and Nationality Act that entitles the Secretary of State to deport any foreigner if there are reasonable grounds to believe their presence has “adverse policy consequence for the United States.” But there was no such evidence for Ozturk, so the Trump administration instead used a legal authority under which the Secretary of State can deport anyone on his own decree—no evidence required.Because of her op-ed criticizing Israel, Ozturk vanished into the federal detention system, moved from state to state so the Trump administration could avoid a habeas petition in federal court challenging her detention. She was forced to wear leg shackles and a chain around her waist. She has asthma and had several attacks so far in lockup. At the South Louisiana ICE Processing Center in Basile, she sleeps with 23 other people in a cell meant for 14. “None of us are able to sleep through the night. They come into the cell often and walk around triggering the fluorescent lights. They shout in the cell to wake up those who work in the kitchen around 3:30 am each day,” she said. Ozturk stated that a federal officer told her: “We are not monsters. We do what the government tells us.” So, of course, federal officials are blameless for any rights that they violate.Ozturk is one of the most high-profile seizures that Trump’s DHS has made of students who criticized Israeli policies in Gaza. Hundreds of student visas have been revoked and the Trump administration has floated proposals to prohibit all foreign students from attending American universities that fail to fully suppress criticism or protests against Israeli policies.It would be the height of folly for Americans to presume they face no peril from entitling the feds to seize boundless power to punish students’ speech. Ozturk’s name was provided to the Trump administration by Betar—an organization that the Washington Post characterized as a “militant Zionist group.” US citizens are at risk as well. A spokesman for Betar declared: “We provided hundreds of names to the Trump administration of visa holders and naturalized Middle Easterners and foreigners” who have criticized Israeli policies. The Anti-Defamation League condemned Betar as an extremist organization in February.Any precedent for blanket censorship will propagate like a covid virus. Many conservatives and libertarians may shrug off Ozturk’s degradation because they have no interest in criticizing the policies of foreign governments. But the Ozturk case hinges on collective guilt—on assuming that anyone who advocates a position is culpable for any crimes committed by any other advocate with the same view.This was the tacit doctrine that the Biden administration used to legally scourge peaceful January 6 protestors who merely “paraded without a permit” through or near the US Capitol that day. Because a minority of January 6 protestors became violent, the FBI presumed that “trespassing plus thought crimes equal terrorism,” justifying harsh sentences for anyone at the scene (except for the undercover federal agents and informants).What legal perils will pro-freedom protestors face in the coming years if the Ozturk rule is canonized, entitling federal officials to crush any disfavored opinion? Big-spending Democrats may consecrate Modern Monetary Theory and demonize anyone who criticizes the Federal Reserve. I took this “Kill the Central Bank” photo of Ron Paul supporters at a 2008 Capitol Hill event for his presidential campaign. If the same protestors had peacefully carried the same banner within a half mile of the Capitol on January 6, they likely would have been nailed on a bevy of federal charges. Many politicians have made stark their hatred of libertarians and freedom advocates. A federally-funded Fusion Center tagged Ron Paul supporters as potential terrorist suspects, and another federally-funded center sounded the alarm on anyone “reverent of individual liberty.”As long as anyone is sitting in shackles in a federal detention center simply for writing an op-ed, freedom of speech is not safe for anyone in the United States. Will Ozturk’s persecution finally wake up people too confident that “it can never happen here”? Tyler DurdenFri, 04/18/2025 - 22:30
ROME (AP) — Iran and the United States prepared Saturday for a second round of negotiations over Tehran's rapidly advancing nuclear program in Rome
Here's a brief Q&A regarding avian flu and your food.
It's the 60th anniversary of the Papago Women's Golf Association and FOX 10's Dominique Newland was there to celebrate the historic anniversary with the ladies.
GUANGZHOU, China, April 18, 2025 /PRNewswire/ -- As global demand for sustainable transportation continues to accelerate, the smart mobility and green transportation sector is experiencing rapid growth. According to industry forecasts, the global electric vehicle market is expected to surpass 950 billion USD by 2030, driven by advancements in electrification, digitalization, and carbon reduction technologies. At the forefront of this movement, the 137th China Import and Export Fair (Canton Fair) is showcasing companies pushing the boundaries of innovation in this space.Among the notable exhibitors, Sinotruk is introducing its HOWO Commander electric light truck, drawing significant interest from international buyers. This truck features a spacious, flat-floor wide-body cabin, a dual-stage electric drive axle, fast-charging capability, and enhanced battery safety systems. A ...Full story available on Benzinga.com
Exhibition Dates: April 12 - May 4, 2025Opening Reception: Saturday, April 19, 11:00 AM - 2:00 PMVenue: Samia Art Gallery, Al Quoz 3, Dubai, UAEDubai, United Arab Emirates--(Newsfile Corp. - April 18, 2025) - This spring, Samia Art Gallery proudly presents Finance・Nothingness, the highly anticipated solo exhibition by Chinese artist...
Navajo Lake Marina owner Jarrett Johnson has invested $4 million in new slips this year after a devastating August 2024 storm did $1.7 million in damage.
Washington, DC, April 18, 2025 (GLOBE NEWSWIRE) -- ThinkCareBelieve's Week 13 Article: https://thinkcarebelieve.blog/2025/04/18/week-13-under-president-trumps-leadership/Article on Release of the RFK Files: https://thinkcarebelieve.blog/2025/04/18/release-of-the-rfk-files/Article on Trump, Bukele and Kilmar Abrego Garcia: https://thinkcarebelieve.blog/2025/04/15/trump-and-bukele-set-the-mainstream-media-straight-on-deportation/ThinkCareBelieve has published an article on the dynamic Week 13 of America under the Leadership of the Trump Administration. The article covers the swearing in of Dr. Mehmet Oz as CMS Administrator where he announced his goals moving forward. Also the meeting between Italy's Prime Minister Giorgia Meloni where she announced a commitment to Making the West Great Again. The article also covers the powerful meeting between President Bukele of El Salvador and President Trump. ThinkCareBelieve's article also covers Holy Week and the 4/16/2025 Easter Prayer Service and Dinner. The article covers the new Executive Orders ...Full story available on Benzinga.com
One of the advantages of owning a Tesla compared to many other makes of electric vehicles is the ability to access home servicing. Tess (our Tesla) is coming up to 160,000 km driven over the past five and half years. The odometer tells me that we have driven 154,567 km ... [continued]The post Tesla Home Service appeared first on CleanTechnica.
Experts say prices are likely to increase quickly if China extends import controls, but a stockpile can keep factories operating for now.
Ukraine Energy Strike Moratorium Has Ended, Kremlin Declares The Kremlin on Friday confirmed that the US-brokered ceasefire on energy sites has effectively ended. Last month Ukraine and Russia agreed to temporarily pause all attacks against each other's energy infrastructure. Washington hailed this is as a potential key first-step toward a more comprehensive ceasefire, which has still not gotten off the ground. But both warring sides have accused the other of violating the energy site truce multiple times over, in the prior few weeks. Russia still sees the initiative as positive.The 30-day moratorium has reached its deadline, with Putin spokesman Dmitry Peskov having confirmed "the month [of moratorium] has indeed expired.Via fpri.orgHe added, "As of this moment, there have been no other instructions from the supreme commander-in-chief, President Putin." The initial partial ceasefire was brokered in a phone call between Presidents Trump and Putin on March 18.Russia is leaving open the potential for another interim deal, also amid ongoing efforts to get Moscow and Kiev to the negotiating table."We believe that certain progress can already be acknowledged. This progress is related to the moratorium on not striking energy infrastructure facilities," Peskov continued. "The Russian Federation adhered to this moratorium, which cannot be said about the Ukrainian side."It's unclear the degree to which Russian airstrikes may have hit Ukraine's energy and power infrastructure over the past month, but what is clear is that huge aerial attacks have been ongoing, including the mass casualty strike on the city of Sumy days ago.Moscow has meanwhile complained that any sweeping truce deal will be hard to monitor, in terms of ensuring conformity to the terms. Putin too has said that Ukraine's military would have to be closely monitored, as any partial truce would allow it to simply rearm and regroup.For this reason, Putin has made clear that he won't agree to anything 'partial' or temporary in nature to halt the fighting. Russia wants a comprehensive truce, but this would require Ukraine giving up its four eastern territories, and Moscow also wants to see 'de-Nazification' and a change in government in Kiev. Bloomberg leaks latest US ceasefire plan."Proposal would freeze the war, with Ukrainian territories now occupied by Russia remaining under Moscow’s control. Kiev’s aspirations of joining NATO would also be off the table."No denazification, potential EU contingent in Ukraine,... pic.twitter.com/46LNWHf9or— Margarita Simonyan (@M_Simonyan) April 18, 2025All of these things remain a tall order, and Zelensky is still lashing out at the White House for engaging in talks with Moscow but without the Ukrainian government's direct input.For example, on Friday Zelensky said of US officials outlining a peace plan in Paris that Trump's representatives have no "mandate to discuss Ukrainian territories, because these territories belong to our people." He added: "We do not discuss territories until the ceasefire. We will never consider Ukrainian lands as Russian." Tyler DurdenFri, 04/18/2025 - 21:55
A new developer has taken over a $33 million project at Memorial Pointe, an 80-acre joint venture of North American Properties and Vision Realty Group on the former Beverly Hills Supper Club site.
Between the slate of tariffs currently in effect and proposed tariffs on car parts, the cost of car ownership is rising. And that's true even if you're not in the market for a vehicle.
Tariffs threaten to push auto insurance rates even higher NPR'Tariff free' cars are being advertised at dealerships. But for how long? Yahoo FinanceThe Trump tariff auto sales rush is on The VergeHow tariffs could impact the price of car repairs and insurance WCNCHow Trump's tariffs are shaping the auto market landscape Scripps News
Trump Station? Feds take control of Penn Station rebuild, kick MTA off the project GothamistTrump Administration Says It Will Take Over Renovation of Penn Station The New York TimesFriday Headlines: Trump’s Revenge Tour Now Includes a Stop at Penn Station Streetsblog New York CityFeds to take over Penn Station reconstruction from MTA Spectrum News NY1Trump fires MTA from long-awaited Penn Station revamp, puts feds in charge: 'Blank checks are over' New York Post
The Boulder Chamber celebrated local business and nonprofit leaders, as well as its own 120-year history Wednesday night at its 2025 Celebration of Leadership gala held at the Boulder Theater.
PITTSBURGH, April 18, 2025 /PRNewswire/ -- "I wanted to create a fun new toy for playing fetch with a pet cat," said an inventor, from Dallas, Texas, "so I invented the FURROW BALL. My design would hold the cat's attention, provide hours of entertainment, and increase bonding with the fur...
Florida's foreign trade zones are positioned to play a crucial role as the Trump administration's trade policies reshape import and export dynamics.
Lilly Promises to Make Weight-Loss Pill in US in Reshoring Push Bloomberg.comDaily Pill May Work as Well as Ozempic for Weight Loss and Blood Sugar The New York TimesLilly's oral GLP-1, orforglipron, demonstrated statistically significant efficacy results and a safety profile consistent with injectable GLP-1 medicines in successful Phase 3 trial Eli Lilly and CompanyEli Lilly Stock Soars on Oral Weight-Loss Drug Trial Results InvestopediaHow a New Weight-Loss Pill Could Transform Health Time Magazine
The Associated Press and the Trump administration returned to a courtroom Thursday — and will be in another on Friday — as part of the high-stakes battle over who can control which journalists are able to question the president.
NEW YORK (AP) — Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
Manatee School for the Arts' ambitious solar initiative is not just about going green — it's a strategic move that could have far-reaching financial and educational impacts.
SAVANNAH, Ga. (WSAV) - The Abbie DeLoach Foundation held a luncheon to celebrate this year's annual scholarship recipients. This marks the foundation's ninth year. The event took place on April 17 at the Savannah Golf Club. Foundation continues to honor the life and memory of Abbie DeLoach, one of five Georgia Southern University nursing students [...]
Hong Kong, SAR--(Newsfile Corp. - April 17, 2025) - Coldplay, one of the biggest rock bands on the planet, made history by performing the first concert at the brand new Kai Tak Stadium, with four sell-out concerts (April 8,...
Commerce Content is independent of Editorial and Advertising, and if you buy something through our posts, we may get a small share of the sale. Click here for more.If you’re ready to move your leisure time back outdoors now that winter’s over, Target’s ready to sell you all the great outdoor and garden gear you’ll need to make it happen. Right now Target’s offering thousands of outdoor living and garden deals, many of them going over 50% off, both in store and online. Everything...Read more...
Ukraine said Thursday that it had signed the basis of a minerals deal with the U.S., although the details of the agreement are yet to be announced. Yulia Svyrydenko, Ukraine’s economy development and trade minister, said both sides had signed a “memorandum of intent” that was the basis for a larger agreement that could see Ukraine and the U.S. jointly develop the country’s natural resources. U.S. President Donald Trump and Treasury Secretary Scott Bessent told reporters a more comprehensive agreement would be signed next week.Ukraine said Thursday that it had signed the basis of a minerals deal with the U.S., although the details of the outline agreement are yet to be announced.Yulia Svyrydenko, Ukraine’s minister of economic development and trade, said both sides had signed a “memorandum of intent” that was the basis of an agreement that is likely to see Ukraine and the U.S. jointly develop the country’s natural resources.“We are happy to announce the signing, with our American partners, of a Memorandum of Intent, which paves the way for an Economic Partnership Agreement and the establishment of the Investment Fund for the Reconstruction of Ukraine,” Svyrydenko posted on social media platform X.Svyrydenko gave no further detail on the outline deal but posted images of her and U.S. Treasury Secretary Scott Bessent purportedly signing the agreement.Anadolu | Anadolu | Getty ImagesU.S. Secretary of Treasury, Scott Bessent (C) signs the basis of a rare earth minerals deal on April 17, 2025.Earlier Thursday, U.S. President Donald Trump and Bessent had told reporters that a more comprehensive agreement would be signed next week.“Well, we have a minerals deal, which I guess is going to be signed on Thursday — next Thursday [24 April]? Soon. And I assume they’re [Ukraine] going to live up to the deal, so we’ll see. But we have a deal on that,” Trump said at a press conference at the White House on Thursday.Bessent added that “we’re still working on the details. We’re shooting for around April 26th.”Asked for more details, the treasury secretary said the deal was “substantially what we agreed on previously. But the president was here. We had a memorandum of understanding. We went straight to the big deal, I think it’s an 80-page agreement, and that’s what will be signed.”CNBC has asked the White House for further detail on the timing and detail of the deal and is awaiting a response.Trump has coveted a minerals deal with Ukraine since his inauguration in January, saying an agreement to jointly develop and monetize Ukraine’s deposits of rare earths, critical minerals, oil, gas and other natural resources would act, effectively, as compensation for U.S. aid to Ukraine throughout the war with Russia.Ukrainian President Volodymyr Zelenskyy also signalled on Thursday that the outline of a deal had been reached, telling reporters, “this is a memorandum of intent. And we have positive, constructive intentions,” Reuters reported.He added that the offer to sign the memorandum before the comprehensive deal, which would require the Ukrainian parliament to ratify it, had come from the U.S. side, the news agency noted.
Shares of Netflix are sharply higher in after-hours trading on Thursday (April 17), as the world’s largest online streaming platform reported first-quarter earnings that beat the Wall Street consensus and revenue that was in line with expectations. Netflix executives said that they see no impact from President Trump’s tariffs that have been roiling the macroeconomic picture [...]The post Netflix Says Demand ‘Stable’ Amid Recession Fears appeared first on PYMNTS.com.
Netflix Inc.'s (NASDAQ:NFLX) Co-CEO Greg Peters has reassured investors that the company remains confident in its low-cost ad plan, despite ongoing market volatility and concerns over a potential recession fueled by new tariffs.What Happened: On Thursday, during Netflix's first-quarter earnings call, Peters addressed questions regarding the broader economic environment and consumer behavior.With fears of a recession looming, partly driven by President Donald Trump's tariffs, many wondered whether Netflix's low-cost ad tier, priced at $7.99 in key markets like the U.S. and Canada, would still perform.He responded, "We haven't seen any significant changes in planned mix or planned take rate," referring to their recent price adjustments. "Engagement remains strong and healthy."See Also: Satya Nadella Says Microsoft’s New Tool Allows Anyone To Create AI Agents That Click, Type, And Navigate On Your Computer For YouPeters noted that entertainment has historically been resilient during tougher economic times, and Netflix has seen this trend hold up so far. ...Full story available on Benzinga.com
The personal finance author and motivational speaker identifies an often-overlooked scheme.
The new AdventHealth Medical Group Cardiology at Cedartown opened this week.
"Embarrassed" Reaction To New 45 Foot Naked Woman Statue In San Francisco A towering 45-foot statue of a nude woman now looms over San Francisco’s Embarcadero Plaza, drawing equal parts awe, ridicule, and criticism, according to Fox News.The sculpture, R-Evolution, originally created for Burning Man in 2015 by Marco Cochrane, was unveiled Thursday with lights, music, and performance art. Designed to “breathe” using internal motors, the statue is meant to symbolize strength and compassion.Instead, it’s ignited backlash from residents and commentators who see it as a tone-deaf installation in a city still grappling with homelessness, open-air drug use, and economic decay."Nothing says ‘reviving downtown’ like a 45-foot naked lady getting rear-end surgery," one user quipped after viral footage showed a cherry picker being hoisted awkwardly between the statue’s legs. Another commented, “This picture kind of embodies the spirit of San Francisco — head up a--.”NEW: San Francisco has erected a statue of a woman with no clothes on which will be greeting visitors in front of the Ferry Building.The 45-foot-tall statue was installed to "jazz up downtown" according to CBS News.One worker was seen doing a "surgical procedure" on the... pic.twitter.com/QjxhbiYEpn— Collin Rugg (@CollinRugg) April 10, 2025While some have praised the sculpture as empowering, others view it as a misplaced priority. “I don't know where to begin about the misplaced priorities for the city of San Francisco,” said Bruce Lou, a recent Republican challenger to Rep. Nancy Pelosi. “They seem like they are focused on absolutely everything except the things that matter.”John Dennis, former San Francisco GOP chair, offered a sharper critique: “A giant, naked woman blocking the proud, iconic Ferry Building is a perfect metaphor for San Francisco these days.”Even left-leaning voices have joined the chorus. KQED arts editor Sarah Hotchkiss wrote, "As I gazed up at this monumental steel and mesh sculpture on Thursday, I felt embarrassed for the city of San Francisco... we are all the audience for this thing, and no one asked us if we wanted it."The statue’s installation comes amid a homelessness crisis affecting over 8,300 residents, according to city data. While San Francisco plans to spend nearly $690 million on housing and homelessness in the next fiscal year, encampments remain widespread.Crime stats show a mixed bag: violent crime is down 14% and car break-ins are at a 22-year low, but gun violence has edged up 5%. Drug-related arrests are up nearly 40% over early 2024, yet critics argue enforcement without treatment only displaces the problem.Fox News writes that R-Evolution is expected to remain on display for six months to a year. Rep. Pelosi has not commented on the installation. Tyler DurdenThu, 04/17/2025 - 22:25
Wall Street experienced a resurgence in risk appetite on Thursday as optimism grew around trade negotiations. President Donald Trump expressed confidence in reaching agreements with both the European Union and China. On Thursday, the Dow Jones Industrial Average fell 1.3% to close at 39,142.23. The Nasdaq dipped 0.13%, finishing at 16,286.45. Meanwhile, the S&P 500 edged up 0.13%, ending the day at 5,282.70.These are the top stocks that gained the attention of retail traders and investors throughout the day:Netflix Inc. (NASDAQ:NFLX)Netflix shares rose by 1.19% to close at $973.03, reaching an intraday high of $984.70 and a low of $956. The stock’s 52-week range is $542.01 to $1064.50. In the after-hours trading, shares spiked 3.5% to $1,006.79. The streaming giant reported its first-quarter financial results, emphasizing efforts to improve and expand its offerings. The company continues to focus on enhancing its content library and user experience. For the period, revenue came in at $10.54 billion, a spike of 12.5% on a ...Full story available on Benzinga.com
ISTANBUL, April 18, 2025 /PRNewswire/ -- WePlay, an emerging social entertainment platform, recently launched two landmark collaborations in the Turkish market. By partnering with Ceren Yaldız, a national-level influencer with 14 million followers, and Uzunmakarna, a philanthropic content...
OKLAHOMA CITY, April 17, 2025 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data breach involving Hertz and Cleo. To join the class action lawsuit, visit our site HERE.On or around February 10, 2025, The Hertz Corporation, including Hertz, Dollar and Thrifty brands (collectively, "Hertz") confirmed that its file transfer vendor, Cleo Communications US, LLC ("Cleo"), experienced a data breach on its computer network. Based on a forensic investigation, Hertz and Cleo determined that ...Full story available on Benzinga.com
Leading cryptocurrencies traded flat on Thursday as President Donald Trump threatened to remove Federal Reserve Chair Jerome Powell over delays in implementing monetary easing measures.CryptocurrencyGains +/-Price (Recorded at 8:45 p.m. ET)Bitcoin (CRYPTO: BTC)0.84%$84,856.41Ethereum (CRYPTO: ETH) -0.01%$1,582.75Dogecoin (CRYPTO: DOGE) +0.12%$0.1552What Happened: Bitcoin fluctuated between the high $83,000s and early $85,000s, with trading volumes falling by over 25% from the previous day. Ethereum reached an intraday high of $1,615.30 but failed to maintain the advance, falling back to the $1,500 range.The relatively calm trading day saw $126 million liquidated from the cryptocurrency market, with nearly equal amounts of longs and shorts erased.Over $278 million was liquidated from the market in the last 24 hours, with bullish bets accounting for $160 million.Interestingly, despite the sideways price action, Bitcoin’s Open Interest grew by 4.45% in the last 24 hours, potentially leading to higher volatility and a breakout in either direction in the coming days. More than 54% of Binance futures traders were betting against the leading cryptocurrency, according to the Long/Short ...Full story available on Benzinga.com
The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump's tariff onslaught.The bank's move should support economic activity in the 20 countries that use the euro currency by making credit more affordable...
The economy will likely stumble as it adjusts to new trade policies announced by the Trump administration, Federal Reserve Chair Jerome Powell said Wednesday. But it’s unknown whether any inflationary effects will be long term or a one-time hit for businesses and consumers.
"It has truly transformed my gardening experience."
More surprising China news hits Tesla stock TheStreetTesla Stock Eyes Breakout With Earnings on Deck The Globe and MailAt What Price Would Tesla Stock Be Worth Buying? The Motley FoolTesla's struggling stock just saw a dreaded 'death cross' that could signal further losses Business InsiderTesla Dives Because China Trade War Is New Problem for the Stock Barron's
Tariffs are putting pressure on Tesla's production plans.
Moses Lin typically has an idea of what his work schedule will look like a year in advance. Lin, 31, is a wedding guitarist in Southern California and says couples typically book his services 12 to 18 months out.Now, some people are booking him with just a few months’ notice. Lin says peoples’ recession fears could be partly to blame.“Because of the uncertainty in the market, there’s a [feeling of] ‘I don’t know what’s going to happen in 18 months,'” Lin tells CNBC Make It of the urgency he feels from couples. “So it’s kind of like, ‘OK we’re good right now. Let’s spend the money and get out and just do it.”“I even get quite a few people that will reach out, and they’ll be like, ‘What are you doing in three weeks?'” he adds. “It’s great, but it’s also a little concerning.”While Lin says the nature of his service allows him to be flexible to be added to events on shorter notice, he hears from wedding planner friends being asked to arrange high-budget weddings within the next three months, that would normally be planned over a longer period.Small business owners like Lin say that even if their services aren’t impacted by tariffs recently announced by the Trump administration directly, consumers’ anxiety about the economy could hit their bottom line.Consumer confidence in the economic outlook fell to a 12-year low in March, according to the Conference Board, notably before the Trump administration unveiled its full tariff policy that sent the stock market reeling and ratcheted up recession fears.Spending now before prices changeFor months now, Lin says he has seen evidence of couples feeling the financial squeeze: more backyard weddings, smaller guest lists, fewer destination weddings, and overall cost-cutting in certain areas to afford the luxury of others.The return to smaller events could be natural following the post-pandemic boom when people rushed to spend money on in-person celebrations again, even while facing record inflation that has since abated, according to CNBC reporting.But new uncertainty in the economy could spell trouble for business.Lin notes that many wedding budget line items could be subject to higher prices in the coming months. Most flowers are imported from other countries, for example, so if a couple’s floral budget skyrockets due to tariffs, “there’s less money in the budget for everything else, and that’s me,” Lin says. “As things get tight, people have to really pick and choose what’s important and what’s not.”Lin, who says he raised his prices this year and charges up to $9,000 to play a local wedding and up to $15,000 for a destination gig, says he hasn’t felt a drop in bookings this season, but that he’s still cautious of what’s to come. He says he recently gave one of his assistants a 25% raise in what he calls a retention move; if there’s a downturn, he hopes the assistant won’t find a higher-paying job that keeps them from being able to work Lin’s wedding gigs.“There’s a lot of concern in the industry,” he says.The average wedding cost $33,000 in 2024, an 18% jump from 2019, according to a report from The Knot and reported by Bloomberg. Following the financial crisis more than 15 years ago, average wedding spending fell 8% over a two-year period to $26,000 in 2010, according to The Knot data.Saving for later when things might be calmerWhile Lin juggles more short-notice requests from financially-anxious couples, another small business owner says she is worrying about delayed timelines.Rebecca Smiley, 28, a travel agent for her company Smiley Travel, says she experienced a recent dip in booking activity during the industry’s so-called “wave season,” when cruise lines offer their best deals and people typically book their spring and summer travel.Becca RuschellRebecca Smiley quit her job as a college admissions counselor to become a travel agent. She booked over $800K in trips in 2024.Travel planners say bookings dropped during this year’s wave season compared to 2024 because of high prices and advanced bookings.Smiley says some clients discussed pushing their upcoming vacation plans out to 2026, which she says could be due to new Trump tariffs and overall recession concerns.Some clients said they needed more time to save for a trip, while others realize “everything’s a little bit more expensive, so we just can’t make it happen this year,” Smiley says.Now in her third year of business, Smiley says it’s typically the time agents like her work on leveling up in their careers, such as by scaling up their clientele or expanding their business.Smiley says she’s putting plans for any big swings on hold.“I’m just mostly not going to take any risks as of right now,” Smiley says. “This has definitely made us think a little bit before we leap, and that’s where people are with their travel, too. They’re looking into things a little bit more, and thinking twice before clicking the ‘book’ button.”Still, not all travelers see uncertainty as cause for caution. Smiley says bookings resumed in the last week or so, especially among younger travelers who may be thinking, “We’ve lived through so many quote-unquote ‘historical events’ and I want to go on my vacation, dang it,” Smiley says.And some economic factors, like a drop in flight prices, could be good for business, Smiley says. Airfares in March were down 5.2% year-over-year, according to a NerdWallet analysis.“That’s one piece of the puzzle that’s that’s a little bit positive,” Smiley says. “People feel a lot better spending more on hotels and other extras than on overly expensive flights.”Smiley’s confidence in consumers’ travel spending fluctuates “day to day, just like everything else with the news right now,” she says. “I’ve heard some agents compare it to Covid. Some people are really getting hit. Other people are trying to ride out that wave.”Wall Street analysts slashed their earnings estimates and price targets for airlines in recent weeks due to fears of slowing demand, CNBC reports, while CEOs have warned of slowing domestic travel demand.Do you want a new career that’s higher-paying, more flexible or fulfilling? Take CNBC’s new online course How to Change Careers and Be Happier at Work. Expert instructors will teach you strategies to network successfully, revamp your resume and confidently transition into your dream career. Register today and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+taxes and fees) through May 13, 2025.Plus, sign up for CNBC Make It’s newsletter to get tips and tricks for success at work, with money and in life.
The ultra-low-cost airline's leadership shakeup extends beyond the top role, with two other industry veterans joining the executive team.
Netflix executives said the business has remained stable amid recent economic turmoil. Still, Netflix decline to revise 2025 guidance upward, despite “tracking above the mid-point” of its stated range. Netflix cited its previous history of successfully weathering economic downturns.Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story.Netflix posted a big beat on operating margin for the first quarter, reporting 31.7% compared with the average estimate of 28.5%, according to StreetAccount. And it guided well above analyst estimates for the second quarter — 33.3% against an average estimate of 30%.By its own phrasing, Netflix was “ahead” of its own guidance for the first quarter and is “tracking above the mid-point of our 2025 revenue guidance range.”Still, Netflix declined to alter any of its longer-term projections. That suggests Netflix isn’t quite as confident in its second half.“There’s been no material change to our overall business outlook since our last earnings report,” Netflix wrote in its quarterly note to shareholders.U.S. consumer sentiment is at its second-lowest level since 1952 as President Donald Trump’s new tariff policies roil markets.Co-CEO Greg Peters noted during the company’s earnings conference call that Netflix has, in the past, “been generally quite resilient” to economic slowdowns. Home entertainment provides a cheaper form of leisure than most other activities. A monthly Netflix subscription with ads costs $7.99.But the question remains how — or whether — an economic slowdown would pinch Americans’ wallets and force higher churn among streaming subscriptions.Netflix stopped reporting quarterly subscriber numbers this quarter, so the company will likely not detail if it sees a customer slowdown later this year beyond reporting its underlying revenue and profit.First-quarter revenue of $10.5 billion was roughly in line with analyst expectations, while second-quarter guidance of $11 billion is slightly above.“Retention, that’s stable and strong. We haven’t seen anything significant in plan mix or plan take rate,” said Peters. “Things generally look stable.”
WASHINGTON (AP) — The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president. Paulson, 60, will replace Patrick Harker on June 30, when Harker steps down after completing a 10-year term. She will participate in the Fed’s interest rate decisions and will [...]
RALEIGH, N.C. (WNCN) — Jeff Bezos might be one of the richest men on planet earth, but his morning is somewhat of a slow routine. Bezos once said he has breakfast with his family, does some journaling, and then goes to work. Tim Cook from Apple gets up as early as 3:45 a.m., checks his [...]
Oracle (NYSE:ORCL) has outperformed the market over the past 10 years by 1.99% on an annualized basis producing an average annual return of 11.56%. Currently, Oracle has a market capitalization of $364.61 billion. Buying $100 In ORCL: If an ...Full story available on Benzinga.com
Veteran fund manager resets Nvidia stock price target after shocking export news TheStreetAMD expects $800 million hit from U.S. chip restrictions on China CNBCNvidia chief Jensen Huang flies to Beijing for talks Financial TimesIntel will need license to export AI chips to Chinese clients, FT reports ReutersTech shares fall after Nvidia says new US controls on exports of AI chip will cost it $5.5 billion apnews.com
U.S. stock futures posted modest gains on Wednesday night, recovering from a steep decline in the afternoon session following Federal Reserve chair Jerome Powell’s latest comments on the market, tariffs, and inflation.The S&P 500 Futures are up 0.51% at 5,333, the Nasdaq Futures trade at 18,500, up 0.63%, and the Dow Jones is at 40,023, up 0.43%. This comes amid all three indices ending down in the spot market on Wednesday, by 2.24%, 3.07%, and 1.73%, respectively.See More: Gold Hits New Record Highs As Safe-Haven Demand Climbs: 2 Ways To InvestJapan’s benchmark Nikkei 225 opened up 0.27% on Thursday morning, led once again by tech and ...Full story available on Benzinga.com
In the preliminary findings of a study conducted with the National Taiwan University Hospital, over 50% of sample cases were reclassified as HER2-expressing when 3D pathology was applied. HSINCHU, April 16, 2025 /PRNewswire/ -- JelloX Biotech Inc., a Taiwan-based startup at the forefront...
Stocks, dollar on back foot as trade war, Powell comments weigh ReutersFederal Reserve Chair Jerome Powell Delivers Economic Outlook in Chicago C-SPANTerrible Sign for Stock Market After Fed’s Brutal Trump Tariff Warning The Daily BeastFed Chair Powell sounds alarm on tariffs, sending stocks lower ABC NewsMarkets drop as Powell warns of stagflation The Hill
Dow Jones Futures: Stock Market Dives On Nvidia, Powell's Trump Tariffs 'Tension'; What To Do Now Investor's Business DailyStocks slide as Powell warns of impact of tariffs on the economy CNNTariffs will dent US economy and stoke inflation: Why US Fed chief’s warnings matter The Indian ExpressFederal Reserve Chair Jerome Powell Delivers Economic Outlook in Chicago C-SPANStock futures rise after major averages tumble in tech sector sell-off: Live updates CNBC
President Donald Trump joined his economic advisers for White House negotiations Wednesday over tariffs and trade with a Japanese official. Trump recently announced a round of global tariffs but quickly paused them for 90 days after the markets tanked and...
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Trump Signs Order Barring Illegal Immigrants From Receiving Social Security Authored by T.J. Muscaro via The Epoch Times (emphasis ours),President Donald Trump signed a memorandum on April 15 directing several federal agencies to take measures to prevent Social Security payments from going to ineligible people such as illegal immigrants and fraudsters.A woman walks past a Social Security Administration office in Flushing, New York City, on Feb. 10, 2021. Chung I Ho/The Epoch TimesThe memorandum was directed at the Social Security Administration inspector general, the Social Security commissioner, the attorney general, and the secretaries of labor, health and human services, and homeland security.Meanwhile, the commissioner is directed to cooperate with the attorney general to expand the SSA’s full-time fraud prosecutor program specifically targeting identity theft and beneficiary-side fraud to at least 50 U.S. Attorney Offices by Oct. 1.The memo also “establishes a Medicare and Medicaid fraud prosecution program in 15 U.S. Attorney offices,” White House press secretary Karoline Leavitt said during a press briefing.Department heads are ordered to prioritize the placement of prosecutors in both programs to the offices whose jurisdiction has been determined by Homeland Security to cover the top 10 largest known populations of illegal immigrants.The memo also directs the inspector general of the Social Security Administration (SSA) to investigate earnings reports for individuals over the age of 100. Earlier this year the Department of Government Efficiency reported that hundreds of eligible Social Security recipients were found to be well over a century old.The inspector general is also required to investigate instances of mismatched Social Security records to combat identity theft.The SSA will be asked to consider resuming the implementation of civil monetary penalties on individuals found to have engaged in Social Security fraud.“These taxpayer-funded benefits should be only for eligible taxpayers, and President Biden should think about what he did in his last term, which is allow tens of millions of illegal people into our country, many of whom were fraudulently receiving these benefits,” Leavitt said.This latest executive action was made shortly after the White House announced that more than 6,300 illegal immigrants had been stripped of Social Security and other federal benefits. Those individuals had been paroled into the United States by the Biden administration during or after 2023 and were flagged as a national security risk, holding a criminal record, or listed in the FBI’s terrorist screening database. Their parole, which shielded them from deportation, ended on April 8.Those individuals’ Social Security numbers were reclassified by the SSA into an Ineligible Master File to further ensure they can never access federal aid again.The SSA also announced on April 15, before Trump’s signing of the memorandum, that it launched new identification technology. Specifically, it targets suspicious activity in telephone claims and bank changes by analyzing anomalies and patterns within a person’s account and requiring in-person identity proofing at a Social Security office if irregularities are detected.The changing of bank information over the phone accounted for approximately 40 percent of direct deposit fraud, according to the SSA, with the Inspector General’s Office estimating that $33.5 million in benefits for nearly 21,000 beneficiaries was misdirected between January 2013 and May 2018.The SSA has implemented the Department of the Treasury’s Bureau of the Fiscal Service’s Account Verification Service (AVS) to secure instant verification, but these two entities are not the only ones collaborating.Work to oust illegal immigration by tracking the flow of money has also begun between the Department of Homeland Security (DHS) and the IRS, using the sharing of taxpayer data to target possibly dangerous illegal immigrants.“Information sharing across agencies is essential to identify who is in our country, including violent criminals, determine what public safety and terror threats may exist so we can neutralize them, scrub these individuals from voter rolls, as well as identify what public benefits these aliens are using at the American taxpayer expense,” a DHS spokesperson told The Epoch Times.Anne Johnson, Chase Smith, and Jack Phillips contributed to this report. Tyler DurdenWed, 04/16/2025 - 22:35
The University of Colorado will receive $220,000 from the Wells Fargo Innovation Incubator to implement Inovues’ advanced window technology in aging campus buildings.
A House select committee recommended Wednesday (April 16) that the government address risk from Chinese artificial intelligence (AI) models after finding that DeepSeek presents a threat to U.S. security. The House Select Committee on China recommended that the government expand export controls, improve the enforcement of export controls, and “prevent and prepare for strategic surprise [...]The post House Select Committee Says DeepSeek Is Threat to US Security appeared first on PYMNTS.com.
The price increases will start soon, but it's not clear just how much more consumers will be paying.
U.S. markets on Wednesday were rocked by renewed trade jitters, but Asia-Pacific markets rose Thursday. Federal Reserve Chair Jerome Powell expressed concern over the tension between keeping inflation down and employment up. The World Trade Organization warned that the global trade outlook has “deteriorated sharply.” Freight ships from China are canceling trips, which will affect many links in the U.S. economy. Taiwan Semiconductor Manufacturing Company reported Thursday first-quarter earnings that beat analyst expectations. Piper Sandler is still confident on the U.S. dollar despite its recent dips.Trade barriers can come in many forms. Tariffs are just one. Onerous licensing requirements, export restrictions and fines on shipping are other obstacles.Nvidia said Tuesday it would be taking a $5.5 billion charge related to canceled chip exports to China because of new licensing rules from the U.S. government. Beijing has retaliated to Trump tariffs by implementing export restrictions on rare earth elements and increasing antitrust scrutiny on U.S. firms. Donald Trump’s administration has been floating the idea of imposing levies on Chinese-made containerships calling at U.S. ports.Given those developments, the World Trade Organization warned on Wednesday that the outlook for global trade has “deteriorated sharply,” and forecast a 0.2% decline in 2025. It’s not mere fearmongering: Shipping vessels originating from China are already canceling their journeys.Conditions in the stock market have likewise worsened. U.S. stocks fell Wednesday as export restrictions on Nvidia kept investors jittery. Trade — in all contexts — is getting hammered by the onslaught of U.S. President Donald Trump’s tariffs.What you need to know todayU.S. markets rocked by renewed trade jittersU.S. stocks slumped Wednesday, hitting session lows after U.S. Federal Reserve Chair Jerome Powell’s speech on inflation and tariffs. The S&P 500 lost 2.24% and the Dow Jones Industrial Average fell 1.73%. The Nasdaq Composite sank 3.07%, weighed down by heavy declines in chip stocks amid reports of new U.S. licensing requirements for Nvidia exports. The chipmaker’s shares sank 6.9%.Asian markets break from Wall StreetAsia-Pacific markets were mostly in the green Thursday. South Korea’s Kospi added around 1% as the country’s central bank expectedly held its benchmark interest rate at 2.75%. Japan’s Nikkei 225 climbed roughly 1.2% even as the country reported a 3.9% rise in its exports in March, missing estimates and sharply lower the 11.4% jump in February.Tension in dual mandatePowell on Wednesday expressed concern that the central bank “may find ourselves in the challenging scenario in which our dual-mandate goals are in tension.” The Fed aims to ensure stable prices and full employment. Economists, including those at the Fed, see threats to both goals from Trump tariffs, which are “likely to move us further away from our goals,” Powell said in a question-and-answer session.WTO warns of world trade disorganization“The outlook for global trade has deteriorated sharply due to a surge in tariffs and trade policy uncertainty,” the World Trade Organization warned in its latest “Global Trade Outlook and Statistics” report out Wednesday. Based on the tariffs currently in place, and including a 90-day suspension of “reciprocal tariffs,” the volume of world merchandise trade is now expected to decline by 0.2% in 2025.Freight ships from China canceling tripsU.S. importers are being notified of an increase in canceled sailings by freight ships out of China: A total of 80 blank, or canceled, sailings out of China have been recorded by freight company HLS Group. The impact of the diminished freight container traffic to North America will be significant for many links in the economy and supply chain, including the ports and logistics companies moving the freight.TSMC earnings beat expectationsTaiwan Semiconductor Manufacturing Company reported Thursday first-quarter earnings that beat analyst expectations. The chip manufacturing company’s net income increased 60.3% from a year ago to NT$361.56 billion ($11.1 billion), while net revenue in the March quarter rose 41.6% to NT$839.25 billion from the same period last year. Demand for artificial intelligence chips has boosted TSMC’s fortunes, but Trump tariffs pose a threat to its future earnings. [PRO] Still confident on dollar: Piper SandlerThe dollar index, which measures the greenback against a basket of major currencies, fell last week to its lowest point since April 2022 amid heightened uncertainty from Trump tariffs. More alarmingly, the U.S. dollar is typically viewed as a safe-haven asset in times of volatility, so its weakening has raised concerns. Piper Sandler, however, is still confident on the currency — here’s why.And finally...Dilara Irem Sancar | Anadolu | Getty ImagesChina targets U.S. services and other areas as it decries ‘meaningless’ tariff hikes on goodsChina last week announced it was done retaliating against U.S. President Donald Trump’s tariffs, saying more increases by the U.S. would be a “joke,” and Beijing would “ignore” them.Instead of continuing to focus on tariffing goods, China has chosen to resort to other measures, including steps targeting the American services sector. Beijing has rolled out a series of non-tariff restrictive measures, such as widening export controls of rare-earth minerals and opening antitrust probes into American companies.Additionally, China is seen by some as seeking to broaden the trade war to encompass services trade — which covers travel, legal, consulting and financial services — where the U.S. has been running a significant surplus with China for years.
ST. LOUIS, April 16, 2025 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) will report its Second Quarter Fiscal Year 2025 results before the market opens on May 6. Energizer also will discuss its results during an investor conference call that...
LOUISVILLE — Stratom Inc., a developer of autonomous systems for defense and commercial applications, said this week that it has been awarded a position on the U.S. Air Force’s Enterprise-Wide Agile Acquisition Contract, or EWAAC.
As a volatile market correction rattles Big Tech, Nvidia stock puts the focus on these rules for when to sell stocks.The post Nvidia Stock — Once Again — Highlights The 8 'Secrets' Of Selling appeared first on Investor's Business Daily.
Americans will see changes from an eliminated CFPB rule soon.
'China’s Elon Musk' uses just two numbers to demonstrate why his country’s auto industry is now outcompeting the U.S. and Europe FortuneI Went To China Twice To Drive EVs. Here's What Blew Me Away Most InsideEVsThe Great Tech Reset 11: China's dominance in smart driving cars, Japan's semiconductor push, and space race digitimesNPR visits an electric vehicle factory in Beijing 90.5 WESACellasto: BASF subsidiary builds second plant in Shanghai. Table.Media