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As US and China begin trade talks in Geneva, Trump's tariff hammer looks less mighty than he claims
HONOLULU (AP) — Pharmaceutical companies have agreed to pay Hawaii $700 million to settle its lawsuit over the efficacy and safety of the blood thinner Plavix, the state attorney general's office announced Friday.
Julie Bush, who was found guilty by a trial of her peers of having engaged in conduct “prejudicial to the welfare of the guild” but not of violating the 2023 strike rules, says her appeals process has been “devastating.”
Ripple CEO Sees Stablecoins Exploding Globally, Calls for Rapid US Regulation Bitcoin.com NewsWhy the Senate crypto bill tanked PoliticoStablecoin bill fails to clear key hurdle in U.S. Senate ReutersMajor crypto bill fails key vote AxiosStablecoins are back in focus as Senate Democrats reject legislation approving their use NBC News
From its humble beginnings over two decades ago, when renting Penske trucks to deliver high-end windows and doors to job sites was the norm, Northern Window & Door, Inc. (NWD) has made remarkable strides.The recent acquisition of long-time competitor Specialty North American (SNA) marks a significant milestone in its journey. NWD has grown from a handful of locally focused team members to dozens of employees serving commercial and residential customers across multiple states. “We can help customers...
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Cable One, Inc. ("Cable One" or the "Company") (NYSE:CABO). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Cable One and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On May 1, 2025, Cable One reported its financial results for the first quarter ...Full story available on Benzinga.com
The pharmacy has been trying to thwart a concerning industry trend.
Trump made the statement Friday amid reports he told congressional Republicans to increase taxes on top earners to pay for other tax cuts he’s proposed.
President Donald Trump is expected to announce a framework trade agreement with the UK, according to The New York Times—marking the first concrete development in a series of proposed deals floated in recent weeks.However, Wedbush analyst Daniel Ives said the agreement is unlikely to excite markets, particularly in tech, noting that while the UK avoided reciprocal tariffs on Liberation Day, it will still face a baseline 10% tariff.While this is an infant step in getting some framework on the table for the White House, the reality is that the market, and especially tech investors, will view this announcement as a drag and as not moving the needle on the significant issues hitting US companies of all shapes and sizes.Also Read: Full story available on Benzinga.com
MARA Holdings Inc (NASDAQ:MARA) reported its first-quarter results Thursday. Here are some key analyst takeaways.HC Wainwright On MARA HoldingsAnalyst Kevin Dede maintained a Buy rating and price target of $28.MARA Holdings reported its March quarter results broadly within expectations, Dede said in a note. The company's revenues came in at $213.9 million, almost flat with the previous quarter's results, he added.Shares nosedived during the first three months of 2025 due to a downturn in Bitcoin prices, resulting in "negative price adjustment on the order of $510M," the analyst stated. However, with bitcoin reaching $103,000 on Thursday and, if this ...Full story available on Benzinga.com
HubSpot (NYSE:HUBS) has outperformed the market over the past 5 years by 12.35% on an annualized basis producing an average annual return of 26.86%. Currently, HubSpot has a market capitalization of $31.00 billion. Buying $100 In HUBS: If an ...Full story available on Benzinga.com
The housing market is tilting in favor of buyers, but there are still some markets where sellers have advantage. Here are the hottest local ZIP codes for housing.
Warner Bros. Discovery Inc. (NASDAQ:WBD) is reshaping its streaming strategy, cutting back on sheer content volume and doubling down on premium franchises, all while striking licensing deals like sending Scooby-Doo over to Netflix Inc. (NASDAQ:NFLX).What Happened: On Thursday, during the company's first-quarter earnings call, WBD CEO David Zaslav explained how the company is moving away from the old "more is better" streaming mindset.He praised the success of Warner Bros. Television Group CEO Channing Dungey's team, noting a strong performance with high-profile projects such as "Ted Lasso" and "Presumed Innocent" for Apple Inc. (NASDAQ:AAPL).Zaslav highlighted that Presumed Innocent originated as a WBD title and was transformed into a compelling series before being sold to Apple — a deal he described as “very good business” for the company.He also pointed to other notable titles like Shrinking, Bad Monkey, and Abbott Elementary—the latter being sold to Walt Disney Co. (NYSE:DIS)—as evidence of WBD’s reputation as a high-quality content provider.See Also: Satya Nadella Says Microsoft’s New Tool Allows Anyone To Create AI Agents That Click, Type, And Navigate On Your Computer For YouHowever, he made ...Full story available on Benzinga.com
New York real estate giant Tishman Speyer paid $112 million for a Nashville tower.
Japanese stocks jump, dollar firms on trade hopes; bitcoin soars Yahoo FinanceView Full Coverage on Google News
Construction company Builder's Bloc says in court documents that McBride Homes fraudulently filed dozens of false real estate records over the past year in St. Charles, Jefferson and Franklin counties.
Callinex Mines (TSXV: CNX; OTCQX: CLLXF) announced it has appointed metallurgists Dr. Peter Kondos and Dr. Yeonuk Choi to the company’s technical team. The company [...]The post Callinex appoints metallurgical team with reputation for revolutionary approaches appeared first on Canadian Mining Journal.
KANSAS CITY, Mo., May 8, 2025 /PRNewswire/ -- HCI Energy, a leader in innovative power solutions for critical communications infrastructure, has released two reports showcasing the environmental and economic impact of its flagship Hybrid Power ShelterTM, offering a 90% reduction...
Get to know 2025 40 Under 40 winner Carly Holm, founder and CEO of Humani HR.
After a sharp, brief fight in which Democrats were outnumbered by majority Republicans, Missouri legislative budget negotiators agreed Thursday to spend $50 million to expand the MOScholars program that helps pay tuition at private and parochial schools.The general revenue support would be the first time state tax dollars have been appropriated directly to the program begun in 2021. The line item, a major part of Republican Gov. Mike Kehoe’s budget proposal, found favor in the Missouri House...
Gold Reconsidered: A Strategy To Facilitate 21st Century United States Excellence By Vincent LanciSummary: This report explores gold’s reemergence not merely as a store of value, but as a strategic monetary tool for circumventing sanctions, supporting trade diplomacy, and conducting debt management. Drawing upon historical precedent, contemporary developments, and theoretical frameworks such as Stephen Miran’s Mar-a-Lago Accord, this essay proposes that the United States is positioned to reengage in a sovereign-level gold trading for purposes of reducing debt, rewarding trade partners, and restoring the US manufacture-export base. This mechanism, once dominated by bullion banks and now emulated by sanctioned states, enables the monetization of gold without outright liquidation. Gold-forward hedges provide the United States with an opportunity to strategically weaken the dollar as a component of its need to remain competitive in export driven global economies, reduce debt obligations, and support trade-partner allies through targeted currency support. This report argues that gold’s transformation under Basel III, coupled with a shift in U.S. monetary strategy, marks a return to gold’s core geopolitical function.I. Introduction. Gold is a store of value; it is money. With its immutable physical properties, universal recognition, and lack of counterparty risk, gold serves as a uniquely effective asset in sovereign monetary operations. This paper explores how the U.S. can operationalize gold as a monetary instrument to manage debt, influence foreign exchange dynamics, and pursue geopolitical leverage in a deglobalizing world.II. Historical Foundation: The Bullion Bank Carry Trade. Beginning in the 1990s, bullion banks employed a gold carry trade model that enabled monetization without sale. This involved:Holding physical gold owned or on loan from another party (spot position)Selling that gold forward (creating a future potential liability)Investing the proceeds in higher-yielding assets (e.g., Treasuries, stocks, or foreign bonds)This trade structure provided income while keeping physical reserves intact and suppressed upward pressure on gold prices. It became a cornerstone of central bank expectation management strategy and a projection tool of a stable, reliable USD.III. The Mar-a-Lago Accord. Stephen Miran’s Mar-a-Lago Accord offered a blueprint for leveraging gold to manage U.S. debt and trade imbalances. That proposal involved:Selling U.S. gold reservesUsing proceeds to purchase foreign currencies with higher yieldsReducing the effective interest burden on U.S. liabilitiesThough politically toxic, the ESF and similar tools had already historically been used in currency stabilization crises. While Miran’s Accord was publicly shelved, some of its core mechanisms remain feasible.U.S. Sovereign Carry Workflow (Treasury → Forward Sale → Currency Purchase)IV. Gold and Sanctions Evasion. The Russia-Iran Model Sanctioned states such as Russia and Iran have leveraged gold to access dollar liquidity via trusted counterparties. By holding and hedging gold through countries like China, they generate liquid proceeds in local or global currencies that are ultimately converted to dollars. This allows them to fund operations while avoiding SWIFT and U.S. financial enforcement.The oil-for-gold arrangement between Russia and China first described by this paper’s author in 2017. set a precedent. Initially dismissed as rumor, it gained traction when later acknowledged by credible banking analysts. Most recently, an offshoot of its success was announced between China and Saudi Arabia in which the Saudis would receive payment for their oil in RMB with gold optionality attached. The gold would be held by China as it had been for Russian deals. This shows that gold can function as a sanctions-neutral reserve and transfer mechanism while simultaneously being a monetary bridge (mBridge) to the USD or other currencies if needed.Gold-Backed Sanction Evasion Flow (Russia → China → Trade → Dollars)V. Structural Shifts in the Gold Market: The macro and regulatory backdrop has shifted:Basel III reclassifies gold as a Tier 1 assetRecent OCC Gold derivative reclassification at BanksThese banks held over 90% of U.S. gold derivative exposureBRICS countries now prioritize gold over Treasuries for trade reservesTogether, these changes signal a revaluation of gold within both private and sovereign balance sheets.VI. A New U.S. Strategy: Gold-Backed Trade Diplomacy. The U.S. can now pursue a sovereign gold carry trade:Forward-sale gold to trusted banksUse proceeds to buy foreign currencies or EM debtProp up allied currencies, reduce dollar strengthExecute monetary stimulus while avoiding inflation mismanagementThis framework allows integration of trade and monetary policy. As part of bilateral trade negotiations, the U.S. can offer to stabilize emerging-market currencies, reducing resistance to tariff reform and strengthening political ties.VII. Conclusion. Gold is returning to center stage as a versatile tool for 21st-century financial statecraft. By adopting carry trade mechanisms pioneered by bullion banks and mirrored by adversarial regimes, the U.S. has the opportunity to align debt management, currency strategy, and trade diplomacy. The convergence of regulatory changes, gold repatriation, and geopolitical fragmentation makes this moment uniquely ripe for gold’s strategic reintegration. Tyler DurdenThu, 05/08/2025 - 22:35
The Illinois General Assembly’s independent forecasting commission has improved revenue projections for the upcoming fiscal year despite growing economic volatility.That’s good news for state lawmakers who are in the final weeks of crafting the fiscal year 2026 budget set to take effect July 1. But the Commission on Government Forecasting and Accountability’s upward revision to its revenue forecast remains significantly more conservative than what Gov. J.B. Pritzker’s office projected when...
The best health care stocks offer investors a defensive hedge in an uncertain market. Here's how to find them.
Emily McCoy's journey from biochemistry to landscape architecture combines her love for ecology and design to create comfortable outdoor spaces.
EXCLUSIVE: Quantify, a newly launched film sales and distribution company, is set to make its official debut at the 2025 Cannes Marché du Film, Deadline has learned. A collaboration among Nu Boyana Studios, Dark Matter Studios, Government Island, and Film Forge Media, Quantify is led by an experienced team specializing in theatrical and television projects, [...]
A tech company has struck a deal to sublease two big chunks of South Bay office space.
Black Smoke All Over By Michael Every of RabobankWe got black smoke from the Vatican and the Fed yesterday showing no new Pope and no rate cut. Yet in both cases, smoke doesn’t come without fire. *CARDINALS FAIL TO ELECT POPE, BLACK SMOKE RISES OVER VATICANBlack smoke also rising above the Marriner Eccles building— zerohedge (@zerohedge) May 7, 2025As our US Strategist Philip Marey put in in his FOMC review ‘Clueless’, “essentially Powell spent the press conference telling us nothing new and dodging questions about Trump.” Even so, he made clear economic risks are rising: if US tariffs remain as now, unemployment and inflation will both go up. A year ago, Powell was saying he didn’t see any stagflation. True, he didn’t know who the winner of the 2024 presidential election would be, or their policy platform: but didn’t stop Philip getting both right back then. Today, he’s calling for a solitary rate cut in June, then the Fed on hold as the trade war impact is felt.Surprisingly, Powell suggested he isn’t tracking live ports data to see the pipeline impact of ongoing shifts in global trade flows. Even if this isn’t one of the backwards-looking ‘big numbers’ supposed to capture the complexities of modern economies (and failing to), one would still have expected him to be poring over logistics reports rather than macro models that can’t possibly capture what’s going to happen as well or as rapidly.Relatedly -- and underlining that even the Fed is now cargo-- Trump said he’s unwilling to pre-emptively cut tariffs on China to jump-start more substantive talks in Switzerland this week. Opinions are deeply divided on what those talks will produce: optimists expect a climb-down from one side or the other, so “rate cuts!” Realists aren’t. Indeed, while the US will overhaul its looming Biden-era May 15 curbs on AI chip exports, which markets take as bullish, this shouldn’t necessarily be read as looser policy stance. Indeed, Treasury Secretary Bessent is working with Congress on new outbound investment rules for China via a “red light or green light, and not having a yellow zone.” Clarity is good: but expect a lot of red and not so much green – and in more senses than one. After all, in the background, Uncovering Chinese Academic Espionage at Stanford, states: “After interviewing multiple anonymous Stanford faculty, students, and China experts, the Stanford Review can confirm that the CCP is orchestrating a widespread intelligence-gathering campaign there.” Similar allegations have swirled for years, and not only at Stanford, but were waved away like unwanted cigarette smoke because too much ‘Red!’ gets in the way of some people’s green.Meanwhile, the US is reportedly to announce its first trade deal with the UK today – or at least a “MAJOR TRADE DEAL” with a “big and highly respected country,” which doesn’t scream the UK to some Britons.That’s as The Times reports the Treasury’s own analysis of the UK-India FTA shows it losing £200m a year in taxes and making it cheaper for Indian firms to bring workers to the UK. So, the deal costs £3bn to boost GDP by £4.8bn over 15 years, meaning a net gain for the average Brit of three pence a week – or less, if Indian services firms open UK subsidiaries to rotate staff who don’t have to pay National Insurance rates on three-year secondment contracts, “because markets.” Ironically, that’s as The Guardian says, ‘Keeping Farage from No 10 is ‘a battle for UK’s future, heart and soul’, Labour MPs told’, adding – “In face of ‘economic doom loop’, Labour factions call for reset and demand party tackle populist nationalism head on.” As I saying yesterday on a podcast, one could only posit that either Labour thought an Indian FTA was a riposte to economic nationalism rather than a boost to the political opposition championing it; or there was a larger imminent plan to get the UK, India and the US closer. It seems perhaps to be the latter. Indeed, all it would now need is a US-India trade deal to complete that triangle, and the odds of that happening must surely just have shortened further.Elsewhere on trade, the European Parliament maintained its block on restarting Turkey accession talks, which clarifies its response to Ankara’s offer of military protection for EU entry. That was as Europe’s last manufacturer of ingredients for some vital antibiotics is closing its biggest factory and shifting some production to China. Is this the derisking and strategic autonomy that Europe keeps talking about? Or perhaps that’s the EU planning to tariff Boeing if it doesn’t get the US trade deal it wants? However, as new trade geographies emerge, old realpolitik does too - and not by coincidence.India - Pakistan military clashes are continuing, with Pakistan’s PM calling for “avenge each drop of blood”, not de-escalation. Those who just announced they were shifting supply chains to India now have to scan the headlines for geopolitics. At the same time, with some (questionable) reports that up to 125 fighter jets --a huge number-- may have been involved in a ‘dog fight’ for hours while staying within their own national airspace, which is hardly a dog fight, and claims of up to five of India’s being shot down, military tech analysts are scrutinising who is using which weapons to what effect. Where that was once Russian vs US tech it’s now French vs Chinese, and what is revealed can also potentially impact on trade flows and geopolitics, especially if far cheaper (Chinese) systems are seen triumphing over more expensive (Western) ones.In the Middle East, Trump said the options on Iran’s centrifuges are “Blow them up nicely or blow them up viciously.” That obviously blows for Iran if it wants to keep them. Something certainly seems to be brewing in that region ahead of the Trump visit next week: hopefully not an echo or repeat of the October 7, 2023, Hamas attack on Israel which many link to then looming Israel-Saudi normalisation that would have opened up a new trade corridor from Europe to India.Indeed, with the sudden US - Houthi ‘ceasefire’, rumoured secret Israel-Syria talks, as its former jihadi president is officially received in France, and suggestions the US may take over administration of Gaza, is Trump’s upcoming “earth-shattering” positive announcement to be Saudi-Israel peace? Or Syria-Israel? Or an Iran nuclear deal? Or Gaza-Lago? Or Trump Tower Tehran? We have to wait to see – but this could be pivotal to energy markets, so to everyone, including central banks: it’s already one of the key factors pushing oil prices down via Saudi actions, which are geopolitical, not “because markets.” Moreover, this is pivotal to the broader US approach towards the Russia-China-Iran-North Korea axis that cuts across geographies and disciplines, including both geopolitics and trade, and markets. Just don’t let the smoke get in your eyes. Tyler DurdenThu, 05/08/2025 - 10:45
The U.S. Federal Reserve on Wednesday kept its key interest rate steady and said tariffs are likely to have a negative effect on the economy. Britain is set to be the first country to sign a trade deal with the U.S., according to The New York Times. U.S. indexes rose Wednesday, buoyed by jumps in stocks like Disney and Nvidia. Asia-Pacific markets followed Wall Street higher Thursday. The Trump administration is preparing to rescind a Biden-era rule restricting artificial intelligence chip exports. Apple’s services chief said he believes AI search engines will replace standard ones such as Google. Trump disclosed that he plans to make a “very, very big announcement.” JPMorgan thinks investors can ride that potential tailwind.When the Federal Open Market Committee met in March, U.S. President Donald Trump had yet to unleash his so-called “reciprocal” tariffs on the world.But Fed policymakers were already bracing for the impact of trade barriers. At the conclusion of that meeting, the FOMC lowered its economic forecast for the U.S. and hiked its inflation projection. Fed Chair Jerome Powell said “a good part” of the downbeat forecast “is coming from tariffs.”On April 2, Trump stunned even the most pessimistic of market watchers when he held aloft the board with a list of higher-than-expected tariffs on many countries. Even though Trump has since paused them, the Fed seems to be operating on the (very uncertain) assumption Trump could reinstate those eye-watering levies at any moment.At the FOMC’s most recent meeting that concluded Wednesday, Powell no longer pulled punches in his post-meeting press conference, as he did in March. This time, he placed the responsibility squarely on Trump’s tariffs, saying they “are likely” to cause hotter inflation, slower economic growth and higher unemployment — recipes for a stagflationary scenario.So far, that’s the clearest warning from a U.S. authority about the damage tariffs could wreak. However, considering that Trump has not only expressed frustrations with Powell, but also said on Wednesday he wouldn’t consider lowering the 145% tariff on China to start trade negotiations with the country, it’s unlikely that Trump would heed the Fed’s caution.What you need to know todayThe Fed holds rates and warns of downturnThe U.S. Federal Reserve on Wednesday kept its key interest rate steady in a range between 4.25%-4.5%, where it has been since December. In his press conference after the Fed meeting, Chair Jerome Powell said Trump’s “reciprocal” tariffs were “substantially larger than anticipated,” and “are likely to generate a rise in inflation, a slowdown in economic growth, and an increase in unemployment.”Trade deal between Britain and U.S.: New York TimesBritain is set to sign a trade deal with the U.S., according to The New York Times. The report comes after Trump said on Wednesday night stateside that there will be a briefing about a trade deal next day, without revealing any details. If the deal goes through, Britain would be the first country to seal one after Trump imposed tariffs on U.S. imports in April — but it is unclear if the two countries will sign a finalized deal or a framework for an agreement, the NYT said.Stock jumps buoy indexesU.S. stocks rose Wednesday. The S&P 500 added 0.43%, the Dow Jones Industrial Average gained 0.7%, boosted by a 10.8% jump in Disney shares, and the Nasdaq Composite climbed 0.27% on Nvidia shares rising. Asia-Pacific markets climbed Thursday. Hong Kong’s Hang Seng Index rose roughly 0.6% as shares of Chinese bubble-tea brand Auntea Jenny shot up as much as 75% on its first day of trading on the city’s stock exchange.White House to simplify chip export rulesNvidia shares jumped 3.1% as the Trump administration prepared to rescind what’s known as the “AI diffusion rule.” The rule, which was proposed by the Biden administration, sorts countries into three different tiers, all of which have different restrictions on whether advanced artificial intelligence chips such as those made by Nvidia and Advanced Micro Devices can be shipped to the country without a license.AI could replace search engines: AppleAlphabet shares slumped 7.5% and that of Apple dropped 1.1% after Eddy Cue, Apple’s services chief, said he believes that AI search engines will eventually replace standard ones such as Google, according to Bloomberg. Separately, Apple is asking a court for permission to restart charging a commission on in-app transactions that link out for payment, adding that the prohibition will cost the company “substantial sums.”[PRO] How to play Trump’s ‘very big announcement’On Tuesday, Trump disclosed during an Oval Office meeting with Canadian Prime Minister Mark Carney that he plans to make a “very, very big announcement” prior to his trip to the Middle East next week. Here’s what JPMorgan is advising its clients on how they can ride this potential tailwind for the market.And finally...Timothy A. Clary | Afp | Getty ImagesA Minnie Mouse balloon at the 2024 Macy’s Thanksgiving Day Parade Balloon Inflation on the eve of the parade in New York, Nov. 27, 2024.Disney announces an Abu Dhabi theme park and resortThe Walt Disney Co. announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab Emirates.This will be Disney’s seventh theme park resort and it will be fully developed and built by Miral. Disney’s imagineers will lead creative design and operational oversight on the project. The entertainment giant will not be investing capital in the project, but will reap the benefits of royalties.Disney has slowly been entering the UAE in recent years, adding retail locations and touring entertainment shows like Broadway’s “The Lion King” and “Disney on Ice.” Disney noted that around one-third of the world’s population lives within a four-hour flight of the UAE and that the region has an addressable tourism market of around 500 million visitors.
The organization, which has been headquartered in the Denny Triangle since 2010, won't be moving anytime soon though.
Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026. It is the first forecast for sales from the Japanese gaming giant since it announced the successor to its successful Switch device.Nintendo said Thursday that it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.It is the first forecast for sales from the Japanese gaming giant since it announced the successor to its successful Switch device.Nintendo also reported results for its fiscal fourth quarter and full year. Here’s how Nintendo did in its fiscal fourth quarter ended Mar. 31 versus LSEG estimates: Revenue: 208.7 billion Japanese yen ($1.45 billion), compared with 216.16 billion yen expected. Net profit: 41.6 billion yen, versus 33.91 billion yen expected.Revenue fell 24.7% in the fourth quarter compared to the same period a year earlier, while profit plunged nearly 50%. This was largely expected as Nintendo fans await the Switch 2 and hold off on buying the current console.Investors are also focused on Nintendo’s forecast for the fiscal year. The company expects net sales of 1.9 trillion yen, a 63% year-on-year rise but just short of LSEG estimates of 2 trillion yen. It expects net profit to jump 7.6% to 300 billion yen, below LSEG estimates of 388.8 billion yen.Earlier this year Nintendo slashed its forecast for sales of the Switch to 11 million units for the year ended Mar. 31. Nintendo on Thursday said it sold 10.8 million units of the Switch in the year, just shy of its own forecast and down 31% year-on-year.Investors are now focused on how the successor to the console, the Switch 2, will perform when it goes on sale in June. The Switch 2 will start at $449.99 in the U.S. and has improved features compared with its predecessor.Nintendo first launched the original Switch in 2017 and it has become the Japanese gaming giant’s second-best-selling console ever. The firm managed to extend the life of the hardware thanks to hit games involving characters like Super Mario, franchises such as Pokemon and the expansion of its intellectual property into films.Investors are hopeful the company can continue to ride its wave of popularity with shares up 33% this year.However, the Japanese gaming giant in April delayed pre-orders for the Switch 2 in the U.S. after President Donald Trump announced sweeping tariffs on countries around the world. Nintendo’s consoles are manufactured in Vietnam.This is a breaking news story. Please refresh for updates.
AIX-EN-PROVENCE (Frankreich) und SAN DIEGO--(BUSINESS WIRE)--Mai 7, 2025--
FBI Mishandled Investigating Congressional Baseball Shooting, House Committee Finds Authored by Jackson Richman via The Epoch Times,A House Intelligence Committee report released on May 6 says that the FBI mishandled its investigation of the 2017 shooting at a GOP practice one day before the annual Congressional Baseball Game—including not calling the incident domestic terrorism and not interviewing key figures.The committee’s chairman, Rick Crawford (R-Ark.), accused the FBI of holding up the report.“There’s no reasonable or acceptable explanation for why the FBI stonewalled the committee for so long,” he said during a press conference.“In fact, it’s taken so long to get this case file, many of those members at the field on that fateful day are no longer in Congress.”The report found that the FBI did not thoroughly interview victims and eyewitnesses to the shooting, where House Majority Leader Steve Scalise (R-La.) and four others were shot.Scalise was shot in the hip and seriously wounded, requiring several surgeries and a lengthy recovery.Former Rep. Mo Brooks (R-Ala.) was not interviewed despite being at the scene during the shooting.The shooter, James Hodgkinson, was shot and killed by Capitol Police, who were already on the scene due to Scalise’s presence as he was a member of House GOP leadership and therefore afforded a security detail.The report also found that the bureau did not come up with a timeline of events surrounding the shooting.The report attempted to dispute the FBI’s claim that the shooting was not connected to domestic terrorism.In a press release following the shooting, the FBI said it “does not believe there is a nexus to terrorism.”The Intelligence Committee report criticized the press release, saying it failed to include information that would have contradicted what the report called the FBI’s “suicide by cop” narrative.“To commit suicide by cop, the perpetrator needs to demonstrate hostile intent in the presence of police. In this case, there were no observable police officers present,” the report said, noting that the officers were dressed in plain clothes.The report said that the FBI’s “conclusions failed to follow the facts, as it reached an unsupported conclusion without completing even the most basic of investigative activities.”The report said that while the FBI cited that Hodgkinson’s brother believed that the aim of the shooting was for Hodgkinson to die by suicide by cop, this was merely the brother’s opinion and not based on any communications.Scalise was made aware of the report by the committee, according to Crawford, who declined to elaborate as he did not want to speak on Scalise’s behalf.In a statement to The Epoch Times, the FBI said it “is committed to working quickly and transparently with Capitol Hill to ensure the American people receive the full truth they deserve.”“We have diligently delivered all requested documents and will continue to cooperate fully with Congress to uphold transparency and accountability,” the bureau said. Tyler DurdenWed, 05/07/2025 - 22:35
Electric trucks from the US manufacturer Motiv are ready to roll as the pace of fleet electrification picks up.The post Electric Trucks Are Winning (Trump Is Losing) appeared first on CleanTechnica.
As we started today on May 7, 2025, with this news that India launched what it called “Operation Sindoor,” conducting missile strikes targeting what they claimed were terrorist infrastructure. Pakistan strongly condemned the strikes, calling them an act of war. This flaring up of the geopolitical issues affecting the pricing of the indian rupee led to volatility in the currency pair of USDINR. So, in this article, let’s see the technical analysis, price prediction for the USD/INR, as well as [...]The post USDINR Technical levels amid Geopolitical flare up appeared first in UK on InvestingCube.
Foster Research is dedicated to provide a global level platform for the Scholars, Students, Researchers and Business Entities to make them experience [...]The post 2nd Global Research Conference on Civil, Structural and Environmental Engineering appeared first on Canadian Mining Journal.
HealthPartners details plans for new Lakeview Hospital in Stillwater with city approval Tuesday of final designs.
Iconic weight management brand WeightWatchers filed for bankruptcy Tuesday to shed debt while the company tries to expand its tele-health business.
The annual J.D. Power survey rates satisfaction across US carriers.
BREAKING OVERNIGHT ... CHINA SEEKS A DEAL ... WILL MEET WITH TREASURY SEC IN SWITZERLAND ON SATURDAY ... SCOTT BESSENT: Thanks to @POTUS, the world has been coming to the US, and China has been the missing piece—we will meet on Saturday and Sunday to discuss our shared interests. (VIDEO)The current tariffs and trade barriers are unsustainable, but we don’t want to decouple.
"Ideal for use on vacations or lengthy hiking trips."
AB Novaturas announces the receipt of notification regarding the disposal of the voting rights and noification regarding acquisition of the voting rights (attached).
The Hollywood Reporter’s newest “Person of Interest” is the 33-year-old reality star turned podcaster and stand-up comedian who thrives on putting herself out there: “I don't have a driver's license, but I will talk and try new jokes out in front of 3,000 people.”
China Unveils World's 1st 'Meltdown Proof' Thorium Reactor Authored by Alex Kimani via OilPrice.com,Chinese scientists achieved a breakthrough in clean energy technology by adding fresh fuel to an operational thorium reactor.The 2-megawatt experimental reactor is located in the Gobi Desert.The experimental reactor uses molten salt as the coolant and fuel carrier, with thorium as the fuel source.Chinese scientists have achieved a significant milestone in clean energy tech after successfully adding fresh fuel to an operational thorium molten salt reactor, Chinese state media has reported. According to Guangming Daily, the 2-megawatt experimental reactor is located in the Gobi Desert, and the latest milestone puts China at the forefront in the race to build a practical thorium reactor–long considered a more abundant and safer alternative to uranium. More significantly, China has relied heavily on long-abandoned American research in the field. In the 1960s, American scientists built and tested molten salt reactors, but Washington eventually shelved the program in favor of uranium-based technology. “The US left its research publicly available, waiting for the right successor. We were that successor,” project chief scientist Xu Hongjie said. “Rabbits sometimes make mistakes or grow lazy. That’s when the tortoise seizes its chance,” he added. The experimental reactor uses molten salt as the coolant and fuel carrier, with thorium as the fuel source. For decades, thorium has been billed as the 'great green hope' of clean energy production, thanks to qualities such as producing less waste and more energy than uranium, is meltdown-proof, has no weapons-grade by-products and can even consume legacy plutonium stockpiles.According to Xu, his team chose the harder--but more meaningful--path by building a real-world solution rather than chasing only academic results.“We chose the hardest path, but the right one,” he said. Xu and his team recreated old experiments by studying declassified American documents, and then developed the technology further.“We mastered every technique in the literature – then pushed further,” he said.China is already building a much larger 10-megawatt thorium reactor, scheduled to reach criticality by 2030. Nuclear energy has been enjoying a renaissance of thanks to the energy crisis triggered by Russia’s war in Ukraine.A thorium breakthroughThe milestone by Beijing will no doubt shake up Washington, which has for years been experimenting with thorium. The United States Department of Energy (DOE), Nuclear Engineering & Science Center at Texas A&M and the Idaho National Laboratory (INL) have partnered with Chicago-based Clean Core Thorium Energy (CCTE) to develop a new thorium-based nuclear fuel they have dubbed ANEEL. ANEEL, which is short for “Advanced Nuclear Energy for Enriched Life” is a proprietary combination of thorium and “High Assay Low Enriched Uranium” (HALEU) that hopes to solve some of nuclear’s knottiest problems including high costs and toxic wastes.ANEEL can be used in traditional boiling water and pressurized water reactors, but performs best when used in heavy water reactors. More importantly, ANEEL reactors can be deployed much faster than uranium reactors.A key benefit of ANEEL over uranium is that it can achieve a much higher fuel burn-up rate of in the order of 55,000 MWd/T (megawatt-day per ton of fuel) compared to 7,000 MWd/T for natural uranium fuel used in pressurized water reactors. This allows the fuel to remain in the reactors for much longer meaning much longer intervals between shut downs for refueling. For instance, India’s Kaiga Unit-1 and Canada’s Darlington PHWR Unit hold the world records for uninterrupted operations at 962 days and 963 days, respectively.The thorium-based fuel also comes with other key benefits. One of the biggest is that a much higher fuel burn-up reduces plutonium waste by more than 80%. Plutonium has a shorter half-life of about 24,000 years compared to Uranium-235’s half-life of just over 700 million years. Plutonium is highly toxic even in small doses, leading to radiation illness, cancer and often to death. Further, thorium has a lower operating temperature and a higher melting point than natural uranium, making it inherently safer and more resistant to core meltdowns. Thorium’s renewable energy properties are also quite impressive.There is more than twice thorium in the Earth’s crust as uranium; In India, thorium is 4x more abundant than uranium. It can also be extracted from seawater just like uranium, making it almost inexhaustible.ANEEL could soon become the fuel of choice for countries that operate CANDU (Canada Deuterium Uranium) and PHWR (Pressurized Heavy Water Reactor) reactors such as China, India, Argentina, Pakistan, South Korea, and Romania. These reactors are cooled and moderated using pressurized heavy water.Another 50 countries (mostly developing countries) have either started nuclear programs or have expressed an interest in launching the same in the near future. Overall, only about 50 of the world’s existing 440 nuclear reactors can be powered using this novel fuel. Tyler DurdenWed, 05/07/2025 - 10:45
BEIJING (AP) — China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepare for talks later this week.
A change of vendors offering drug-counseling services is leading potentially to permanent layoffs of 175 positions at Northern California state prisons, including the two in Folsom.
Turnkey Communications – one of Canada’s leading providers of telecommunications infrastructure and systems integration – has selected NORCAT to accelerate the adoption and commercialization [...]The post Turnkey selects NORCAT as partner to advance telecom integration in mining appeared first on Canadian Mining Journal.
China launches a blitz of policies to help its economy, plans talks with the US on trade
Opera Theatre of Saint Louis found its next artistic director within its ranks – a stage director, teacher and Grammy Award-winning soprano.
Another Thing Folks Like About The South: Public Education's Revival Authored by Vince Bielski via RealClearInvestigations,GEO Prep Mid-City Academy, located in one of the poorest sections of Louisiana, did something almost unheard of in public education – it went from dying to thriving in just a few years. The Baton Rouge K-8 school, which is almost entirely filled with disadvantaged black students drawn from a lottery, repeatedly received a failing grade until new leadership took over in 2017. It steadily improved and landed in the top third statewide in reading proficiency last year, not by following newfangled pedagogical trends but by focusing intensely on the basics of learning: a proven curriculum, teachers trained to master it, and testing to hold everyone accountable for progress. “We are just completely devoted to academic achievement,” said Kevin Teasley, the head of GEO Academies. “We don’t chase fads like a lot of schools. My inbox is full of them. Our success comes from our repetitive and long-term commitment to getting results.”Mid-City is emblematic of the surprising public school revival in a handful of mostly southern states, with Louisiana and Mississippi leading the way. Over more than a decade, these two states have skyrocketed from the very bottom to near the top in the rankings of the National Assessment of Educational Progress (NAEP), the gold standard of proficiency tests. As public education sinks deeper into a crisis of low performance and high absenteeism, the southern states are demonstrating how schools can significantly lift student achievement. From dying to thriving: GEO Prep Mid-City Academy in Baton Rouge, Louisiana.Louisiana and Mississippi’s rise is all the more improbable because they are the two poorest states in the nation, a condition that researchers trace to the particularly deep penetration of slavery in their economies and their subsequent anti-union laws that have suppressed wages. Not surprisingly, both states are in the bottom quartile in public education spending, suggesting that better schools aren’t just a matter of funding. Both also have relatively weak teachers’ unions that typically oppose the kinds of reforms that are driving up proficiency scores in the two states.The question is whether this reform movement, dubbed the Southern Surge, can break out of its niche and expand into more liberal states in the Northeast and West to make a bigger national splash. There are reasons for doubt. States like New York and Washington, with powerful teachers’ unions, have moved in the opposite direction, tamping down rigor, such as testing for graduation and accelerated programs, to achieve “equity” for disadvantaged students. They see accountability through testing as part of the problem.“Southern states have seized on a political environment that allows them to do the things that matter,” said Rick Hess, director of education policy at the American Enterprise Institute. “These states have weaker teachers’ unions and Republican dominated political cultures. To drive improvement, it's easier if you have the politics of Mississippi than the politics of Massachusetts.Pushing Literacy ReformFollowing the South, most states have passed laws promoting what’s popularly called the science of reading, or phonics-based curricula, that’s been repeatedly shown to improve literacy. The intent is to boost reading proficiency in the crucial early elementary grades, which largely determines whether students succeed in later years. But enacting new laws has been the easy part of reading reform, and they appear to be little more than window dressing in many states because of the heated politics around classroom practices. Local school districts have considerable control over what goes on inside classrooms and are skeptical of state interference, while unions guard teacher autonomy as a top priority. In Louisiana, Mississippi, and Tennessee, it took many years to persuade districts to replace a mishmash of ineffective reading curricula with content backed by research that was vetted by the states. Just as important, teachers had to undergo intensive training to understand the many components of the science of reading since university programs haven’t kept pace with changing classroom practices and don’t adequately cover it. Even more controversial, states had to toughen their lackluster accountability systems, the main driver of progress in the South. By grading schools on the number of students who are proficient and rapidly advancing toward that mark rather than on lenient measures like attendance, southern states, including Tennessee, are identifying the low performers and fixing them. “Literacy reform doesn’t work without strong accountability,” said Lizzette Reynolds, the education commissioner in Tennessee, which strengthened its accountability system in 2023. “Without understanding the data and knowing how school districts are doing with their students, we wouldn't see the improvements that we have made.”The southern states were able to work around political resistance to the literacy overhaul, but it will be a bigger obstacle as the movement inches into Democratic territory. In Michigan, for instance, Democrats ended the state’s accountability program in 2023 that identified poor-performing schools with A-F grades, opting for a more forgiving approach. The following year, the state’s early reading proficiency score continued declining to near the bottom of the national rankings.Still, some blue states, including Colorado, are adopting parts of the playbook, with Maryland the most noteworthy example. Carey Wright, who led Mississippi’s dramatic turnaround, now aims for a repeat performance as the superintendent in Maryland. Wright told RealClearInvestigations that she expects to see more blue and red states join the reform movement that she helped inspire. States are mirroring a lot of the things that we did in Mississippi because it’s been successful,” Wright said. “We used approaches based on research showing they work and that’s why I feel strongly about what we did.”The Trump administration’s dismantling of the U.S. Department of Education cuts both ways when it comes to reading reform. Southern officials are concerned about the gutting of federal research since it has played an important role in discovering effective educational approaches, including the science of reading. In Mississippi, Wright says, the department supported research into how classroom practices were changing as part of its reforms, confirming that the state was on the right track. If, on the other hand, the federal government gives states more authority over spending Title 1 funding for disadvantaged students by converting it to block grants, that could help advance the reforms. “We have proven our ability to drive results forward and I think we can accelerate those outcomes with less influence from Washington, D.C.,” Cade Brumley, the state superintendent in Louisiana, told RCI. “We could better address the exact needs in our state without any federal strings attached.”Origins of AccountabilityThe 2024 NAEP scores released in January confirmed once again that public education is broken. In the key benchmark of fourth-grade reading, the average score has been steadily dropping for more than a decade, and last year matched the all-time low of 1992, with only 31% of students reaching proficiency and the gap between the top and bottom performers expanding.Roots of a revival (in some places): President Bush signs the bipartisan No Child Left Behind Act in 2002.The differences in state performance also matter, suggesting that the southern playbook is part of the explanation. Massachusetts, which has long held the title as the top-performing state, suffered a 10-percentage-point drop in fourth-grade reading proficiency to 40% of students from 2011 to 2024. New Jersey, the former No. 2 state, also fell sharply. Both states have a weak set of literacy interventions and less robust accountability compared with Louisiana and Mississippi, according to an analysis by ExcelinEd, an advocacy group. With 38 states declining in early literacy in that time span, the dramatic rise of the two southern states is extraordinary. They were dead last in the 2011 rankings. In Mississippi, proficiency jumped by 10 percentage points to 32% by 2024, the most growth of any state. It’s now 10th in the nation, far ahead of states like New York that spend more per student. What’s more, Mississippi climbs to first place in reading proficiency when adjusted for differences in state poverty levels in an Urban Institute ranking. Louisiana’s growth was a close second to Mississippi and lands in second place, according to the adjusted list.The southern revival has its roots in the bipartisan No Child Left Behind Act signed by President George W. Bush in 2002. Initially backed by governors, the act required states to get serious about holding schools accountable for lifting proficiency, with consequences such as closure for repeatedly failing to improve. Fourth-grade literacy scores shot up significantly during the next decade, particularly for black and Latino students. But over time, states objected to the ambition and rigidity of the act and were allowed by the Obama administration to redesign accountability systems to meet their particular needs. Rather than emphasizing proficiency, states in 2011 began using easier measures to evaluate schools. Fewer schools were identified as needing improvement, and states had more leeway in how to fix them, while consequences for failure were eliminated. It hasn’t worked in most states. The weakening of accountability, which was later wrapped into Obama’s Every Student Succeeds Act (ESSA), coincided with the drop in NAEP scores from 2011 through 2024 – a falloff that likely has several causes, including the proliferation of smartphones and social media. A Government Accounting Office investigation last year found that most states weren’t even complying with ESSA’s relaxed accountability rules.“The school improvement efforts are now tepid at best,” said Charles Barone, who has played a central role in shaping federal education reforms including No Child Left Behind. “States are not doing much to help students attain proficiency.”Louisiana Finds Its Stride Louisiana and Mississippi, on the other hand, remained committed to sweeping changes. They wanted to shed their reputation for running the worst schools in the country and hired dynamic reformers – John White in Louisiana and Carey Wright in Mississippi – who broke the mold of bureaucratic-minded superintendents typical in education departments. “Our educational system can’t change at scale without the leader, the state, asserting a view on how it should change, and using its many tools including accountability to make it happen,” White, now CEO of curriculum developer Great Minds, told RCI. “The history of many states not having a view at all, and not doing their job, is the problem.”White’s early focus on research-backed curricula was, in the words of author and expert Robert Pondiscio, “the last, best, and almost entirely un-pulled education-reform lever.” White, a savvy coalition builder and former teacher, turned to veteran instructors to identify the best curricula and successfully incentivized districts to deploy them. White’s progress came despite constant attacks from Louisiana’s biggest teachers’ unions and a politically ambitious governor who turned against him over the superintendent’s embrace of higher Common Core standards that informed the teaching materials. White left his post after eight sometimes bruising years. In 2020, Superintendent Brumley took over and has backed several reforms that built on White’s accomplishments. The next year, Louisiana required that all K-3 teachers undergo about 50 hours of training since new curricula wouldn’t help much if they didn’t have the confidence to use them. By 2022, Louisiana’s fourth-grade literacy scores began their ascent. Like White, Brumley hasn’t steered clear of controversy. Starting in the current school year, third graders who score well below proficiency in reading won’t be promoted to fourth grade and will receive intensive tutoring. The end of social promotion stirred much debate among state lawmakers because it disproportionately affects black students. But the retention policy that Tennessee and Alabama also adopted has a track record, significantly improving the reading performance of students in Mississippi.Brumley is only getting started. A stronger accountability system that raises the academic bar begins this fall in Louisiana, joining Mississippi and Tennessee in assigning clear and more credible A-F grades to schools to improve their performance. Brumley says that the old system obscured results and was too soft, with almost 90% of schools getting an A or B for academic growth, even though students weren’t advancing very much toward proficiency. The new K-8 system, which associations of teachers and superintendents opposed because of its reliance on testing, makes it more challenging for schools to get a high mark. Half of the grade will be based on student academic growth, but they will have to advance more rapidly for a school to be awarded points. The other half is derived from the number of students who reach proficiency. Schools no longer get points for students who approach it. “In Louisiana and across the country, establishment groups are trying to restrict reform, so it's important that leaders continue to push against the status quo,” Brumley said. “Sometimes that comes with taking shots and daggers, but it's worth it if it prompts the academic growth of students.”Blue States Motivated to ReformThe obstacles reformers have faced in the South may seem like child’s play in blue states, where teachers’ unions have considerable clout in shaping legislation. The California Teachers Association, so far, has prevented lawmakers from passing a law to mandate the science of reading. But a continuing decline in NAEP rankings, potentially hurting states’ ability to keep residents from leaving and grow businesses that need skilled workers, may be a catalyst for change. “There are a lot of traditionally higher performing states that have seen declines in performance as others catch up, so they are going to see the need to do something different,” said Christy Hovanetz, a senior policy fellow at ExcelinEd who advises states on improving accountability. “This is exactly what started the reforms across the South.”Democrat-led Maryland is a case in point. It was a high flyer, the 3rd best state in early literacy in 2011, before plunging to 42nd by 2022. It was time for a change in the person of Carey Wright, who had recently left Mississippi on a high note. The superintendent has even more ambitious plans for Maryland. Drawing from the playbook Wright helped author, Maryland approved several early literacy reforms that are now being rolled out in classrooms and raised academic standards across all subjects. Last year, the state’s fourth-grade literacy score rose for the first time in seven years, spurring the board to declare its goal for Maryland to rank in the top 10 by 2027. Wright is now pushing into the next frontier of reform – lifting math achievement after a precipitous fall since 2019. In January, the Maryland state board approved an overhaul of math education with more accelerated instruction for advanced students, customized interventions for low performers, and a required number of minutes devoted to the subject. Wright has a talent for making partners out of potential opponents. Although Maryland has a strong teachers’ union, Wright says they have a good relationship partly because it was given a seat at the table to design a more rigorous accountability system to start in 2026. “They have a lot of questions, no doubt,” Wright said. “In Maryland you have to bring along your stakeholders because the politics are very different here than in Mississippi.”Several other blue states are also pushing literacy reform. It’s taken Colorado more than a decade to get phonics-based curricula into classrooms, and now the state is making progress on a better accountability system. Its national ranking has risen 12 notches to 6th place last year. In Virginia, the plunge from 9th place to 32nd in the rankings turned Republican Gov. Glenn Youngkin into a crusader for reform. In the old system, Youngkin told the media, 89% of schools received full accreditation, even though 66% of K-8 grade students failed or nearly failed math and reading assessments. Virginia’s new system, while not as strong in stressing proficiency as Louisiana’s, is set to begin this fall. Democrats support it but are pushing for more funding to help schools improve that are graded “Off Track” or worse. “Virginia’s new system is far better,” said Hovanetz of ExcelinEd, who talked with state leaders about the reform. “They were one of the states with the lowest expectations of proficiency.”While reformers see more progress ahead in blue states like Rhode Island and Connecticut, there is also backpedaling. Florida, once a leader in the movement, seems to have lost its mojo. Its big drop in early literacy last year stirred much soul searching. Florida Commissioner Manny Diaz accused NAEP of using a flawed methodology, saying the sample of test takers didn’t include high-performing students in school choice programs who were getting a private education. Some reformers see a different problem, arguing that Florida has been distracted by fighting high-profile battles over woke textbooks and the gender of bathrooms to the detriment of a keen focus on proficiency. “I can’t speak for Florida,” said Wright of Maryland. “But in this work, you can never lift your foot off the pedal. This is relentless. Day in, day out, you have to look at data and never assume that things are going to get better.” Tyler DurdenTue, 05/06/2025 - 22:35
Watch These AMD Stock Price Levels as Chipmaker's Data Center Sales Drive Earnings Beat InvestopediaAMD posts better-than-anticipated Q1 earnings, stock jumps on strong Q2 outlook Yahoo FinanceAMD forecasts $1.5 billion revenue hit from US curbs on China chip exports ReutersAMD Gives Strong Forecast in Sign It’s Gaining Market Share Bloomberg.comHere's How Much Traders Expect AMD Stock To Move After Earnings Investopedia
THE WOODLANDS, Texas--(BUSINESS WIRE)--May 6, 2025--
The former Reptile Tannery of Louisiana, 105 Dorset Ave.
YOQNEAM, Israel, May 06, 2025 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NASDAQGM:MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications (UC) analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its first quarter ended March 31, 2025.The following will summarize our major achievements in the first quarter of 2025, as well as our business. The financial results can be found in the Company News section of our website at http://www.mindcti.com/company/news/ and in our Form 6-K.Financial Highlights Revenues were $5.0 million, compared with $5.8 million in the first quarter of 2024.Operating income was $0.4 million, or 7% of total revenues, compared with $1.2 million, or 22% of total revenues in the first quarter of 2024.Net income was $0.5 million, or $0.02 per share, compared with $1.3 million, or $0.07 per share in the first quarter of 2024.Cash flow from operating activities was $0.7 million, compared with $0.9 million in the first quarter of 2024.Cash position was $14.9 million as of March 31, 2025 (before the dividend distribution of $4.5 million in April 2025).Ariel Glassner, MIND CTI's Chief Executive Officer, commented: "The year-over-year revenue decrease was due to our messaging segment, which enjoyed a temporary positive impact of large customer campaigns in Q1 2024, and a decrease in our customer care and ...Full story available on Benzinga.com
Roper Technologies (NASDAQ:ROP) has outperformed the market over the past 10 years by 2.4% on an annualized basis producing an average annual return of 12.72%. Currently, Roper Technologies has a market capitalization of $61.33 billion. Buying $100 In ROP: If ...Full story available on Benzinga.com
Portland Mayor Keith Wilson on Monday unveiled his $8.54 billion budget, which includes a range of cuts meant to close the city's $93 million deficit.
America is the economic powerhouse to which all other nations aspire. What allowed us to pull ahead of others in this race was our ability to innovate and develop breakthrough technologies that the world's consumers wanted to buy. Personal computers, iPhones, optical fibers, the internet, genetic engineering, and most recently, artificial intelligence, are prime examples. All these advances allowed us to build entirely new industries that outpaced our competitors in areas ranging from high-speed...
Democrats Stall Stablecoin/Crypto Bills Amid Trump Ties, Ethics Concerns Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.As Amin Haqshanas reports via CoinTelegraph.com, in a May 5 letter to the Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand to personally profit from an investment involving UAE state-backed firm MGX, crypto exchange Binance and World Liberty Financial (WLFI).The senators called for an urgent probe, warning the deal may violate the US Constitution’s Emoluments Clause and federal bribery statutes.At the center of the controversy is WLFI’s USD1 stablecoin, reportedly chosen for a $2 billion investment MGX plans to make into Binance.The senators said the transaction amounts to a potential backdoor for foreign influence and self-enrichment, with Trump’s allies allegedly set to receive hundreds of millions of dollars:“This deal raises the troubling prospect that the Trump and Witkoff families could expand the use of their stablecoin as an avenue to profit from foreign corruption.”Further complicating ethics concerns, Trump hosted a $1.5 million-per-plate dinner on May 5 at his golf club in Sterling, Virginia. The event came just days after hosting a $1 million-per-plate fundraiser for the MAGA super PAC.He also plans to hold a gala dinner with major Official Trump (TRUMP) memecoin holders on May 22, despite multiple US lawmakers expressing concerns.Source: Elizabeth WarrenCrypto community slams political pushbackProminent crypto figures are speaking out as political resistance threatens to derail stablecoin legislation in the Senate.“Elizabeth Warren and Chuck Schumer haven’t learned their lesson,” Tyler Winklevoss, co-founder of Gemini, posted on X.“If they want Democrats to continue losing elections, they will continue standing in front of crypto legislation like the stablecoin bill which they are stalling out in the Senate.”Source: Tyler WinklevossGENIUS Act faces roadblocksThe Trump family’s controversial $2 billion crypto deal comes as the Senate prepares to vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act and other crypto-related bills.The fallout is already being felt in Congress. Some Democratic lawmakers are pushing for additional hearings before advancing any legislation, while others question whether Trump’s personal stake in digital assets is undermining bipartisan support for crypto regulation.On May 5, Senate Majority Leader John Thune signaled a willingness to amend the GOP-backed stablecoin legislation to pass the bill in the coming weeks.Presently, stablecoins have no federal regulatory system, which lawmakers say would improve investor confidence and enable growth. The GENIUS Act, sponsored by Sen. Bill Hagerty (R-Tenn.), is intended to create such a system and has bipartisan support in the Senate. However, after announcing they would support the bill, some Democrats withdrew their backing on May 3, citing alleged deficiencies in the bill’s security provisions.“[T]he bill as it currently stands still has numerous issues that must be addressed, including adding stronger provisions on anti-money laundering, foreign issuers, national security, preserving the safety and soundness of our financial system, and accountability for those who don’t meet the act’s requirements,” wrote the group of senators, led by Sen. Ruben Gallego (D-Ariz.), ranking member of the Senate Banking Subcommittee on Digital Assets.The group included Democratic Sens. Raphael Warnock (Ga.), Adam Schiff (Calif.), Andy Kim (N.J.), Ben Ray Luján (N.M.), Catherine Cortez Masto (Nev.), Lisa Blunt Rochester (Del.), John Hickenlooper (D-Colo.), and Mark Warner (Va.).Speaking to reporters, Thune said changes can be made on the floor and that he is waiting to hear what Democrats are asking for, per a report from Politico.Internal GOP challenges also remain, with Senator Rand Paul expressing uncertainty about backing the bill, according to the report.The stalling isn’t limited to the Senate. House Financial Services Committee ranking member Representative Maxine Waters plans to block a Republican-led event discussing digital assets on May 6.The hearing, “American Innovation and the Future of Digital Assets,” will discuss a new crypto markets draft discussion paper pitched by the House agricultural and financial services committee chairs, Representatives Glenn Thompson and French Hill, respectively.Hagerty, the bill’s lead sponsor, criticized the Democrats’ decision in comments provided to The Epoch Times.“We cannot allow partisan games to derail the momentum we’ve seen over the past 3 months on this legislation. We have a choice here: move forward or underscore that digital asset and crypto legislation remains solely a Republican domain,” Hagerty wrote.Hagerty previously stated that the bill is necessary for the U.S. crypto industry to grow as well as ensure the global economic dominance of the U.S. dollar.“The GENIUS Act establishes a clear, pro-growth, and secure regulatory framework to modernize our payments system and cement U.S. dollar dominance,” wrote Hagerty in a statement about the bill on his website. The statement explains that the bill would allow institutions to seek licenses to issue stablecoins, define state versus federal boundaries in regulation, and implement reserve requirements. Tyler DurdenTue, 05/06/2025 - 10:45
Watch These Palantir Price Levels as Stock Plunges After Earnings Match Expectations InvestopediaView Full Coverage on Google News
VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, today announces its preliminary operational results for April 2025:
Consuming Protein Is Now Right Wing... Authored by Steve Watson via Modernity.news,If you consume protein, you’re now a right wing MAGA extremist bro, according to Vanity Fair.Yes, really.A recent article the moribund magazine published asks “Why Are Americans So Obsessed With Protein?” and provides the answer “blame MAGA,” further referring to “podcast bros” and RFK Jr.’s health push as reasons why protein is popular.WHY ARE THEY PROTEIN SHAMING pic.twitter.com/QpleQ8Fpuv— Declaration of Memes (@LibertyCappy) May 4, 2025It couldn’t possibly be to do with the fact that you need protein to survive though could it?The article states “For decades, an American protein mania has been building. This year, it may be hitting its peak,” noting that everywhere you look there are articles about protein intake and suuplementation.The piece goes on to quote an internist at Cambridge Health Alliance and associate professor at Harvard Medical School who states “I don’t have a good sense on what’s driving that right now, other than if it’s just the usual manosphere—or manomania, here in the United States.”It adds that “One thing he’s noticed: More men than women arrive at his office interested in protein.Ah, so it’s also a gender thing to be interested in getting enough protein.Why are Liberals so anti-protein???— FreedomHealth (@LaughlandMorgan) May 4, 2025The fact that it is an essential micronutrient that provides the building blocks of muscle, bone, and skin is by the by, apparently.That is leftist brain rot summed up— Dan Keller (@DanTJMAJWC) May 4, 2025You can imagine the instruction to the writer from the editors...Media bosses: "Find something that white conservatives like and write a story about it."That is how protein and bowling become racist.— Exposer of Donkey Fazoo (@Ionoclast50) May 4, 2025They’re literally discouraging you from getting protein.Because a soy boy populace is a controllable populace....— Chyck Justice 🇮🇪🏴 (@Chyck_Justice) May 4, 2025They want you weak.Anything good for you became problematic. This only happens so consistently when it is intentional. Who would want you to reject all the things that are good for you? Someone who wants you weak so that you can be destroyed. https://t.co/5RwhFC2boo— Occidentally (@occidentally) May 4, 2025And, don’t forget, it’s “gendered.”Gendered how? I know both men and women who have protein heavy diets— Southern Belle (@SBelleofAL) May 4, 2025The gender studies major claims that a random innocuous thing is—*gasp*—GeNdErEd!! ERMAHGERD!!— Susan Davis (@RealApexKaren) May 4, 2025Pure insanity.Protein is not “gendered.” Everyone needs it to live. Also, the writer is nuts. https://t.co/b16nJOvk17— MarsColony (@MarsColony01) May 4, 2025File this along side exercise is right wing and not being obese is bigoted.What's right-wing today? Today, going to the gym is right-wing.According to the Guardian, having personal responsibility and working hard to better yourself may make you less of a fat leech who blames society for all your problems. Indeed. pic.twitter.com/qdCsgz9dTt— Leo Kearse - on YouTube & GB News (@LeoKearse) June 5, 2024* * *Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews. Tyler DurdenMon, 05/05/2025 - 22:35
Komatsu Germany Mining Division (KGM) and SMS Equipment unveiled the first Komatsu PC9000 hydraulic mining excavator during an official handover ceremony at [...]The post Komatsu Germany and SMS Equipment unveil first PC9000 in Canada appeared first on Canadian Mining Journal.
Emergency alert system test coming Wednesday CityNews TorontoCanada to test emergency alert system on TV, radio and phones CTV NewsMost provinces in Canada, including Ontario, will receive an emergency alert this week — here’s why and when Inside HaltonTesting the national public alert system: Wednesday CityNews VancouverSaskAlert planned for Wednesday paNOW
The S&P 500 broke its nine-day winning streak and other major U.S. indexes fell. Greg Abel will replace Warren Buffett as CEO of Berkshire Hathaway on Jan. 1, 2026. U.S. President Donald Trump announced a 100% tariff on movies produced outside the country, but walked back on his comments. Palantir reported earnings that met expectations and hiked its full-year outlook. Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 guidance. A Chinese tech ETF may be a better bet than U.S. tech stocks, said Katie Stockton.Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre, taking its place beside the head-scratching formula his administration used to determine the level of tariffs.Trump didn’t share details of how the tariff would work — or if it would actually be implemented — but the mere announcement of the levy was enough to bring down shares of entertainment and media companies like Netflix and Paramount.Costs aside, how would those tariffs work on a cultural level? Would the Oscars remove its category for Best Foreign Film? Must all movies be set in the U.S. as well? Will American actors starring in international films be penalized?Those may seem outlandish concerns, but predicting the next act of the U.S. president is near impossible — Trump is a cliffhanger embodied. Given that the presidential term seems to almost be a reality television series for Trump, his actions might be good for viewership but a rotten tomato for everyone else.What you need to know todayS&P 500 breaks winning streakU.S. markets fell Monday. The S&P 500 lost 0.64%, snapping a nine-day rally, its longest since 2004. The Dow Jones Industrial Average dipped 0.24% and the Nasdaq Composite declined 0.74%. U.S. crude oil futures fell about 2% Monday to its lowest settlement since February 2021 after OPEC+ agreed to hike production. Asia-Pacific stocks most rose Tuesday. India’s Nifty 50 dipped roughly 0.4% in early trade amid reports that the country has proposed to the U.S. it will remove tariffs on steel, auto components and pharmaceuticals on a reciprocal basis.The end of an era for BuffettBerkshire Hathaway shares fell 4.9% Monday after Warren Buffett proposed Saturday for Greg Abel to replace him as CEO by the end of the year. The company’s board voted unanimously Sunday to make Abel president and CEO on Jan. 1, 2026, and for Buffett to remain as chairman. Shares of the company have rocketed 5,502,284% between 1965, when Buffett took over Berkshire Hathaway, and the end of 2024.More tariff developments from TrumpTrump announced Sunday that he would be imposing a 100% tariff on films produced outside the United States, but walked back on his comments the next day. On Sunday, Trump also downplayed the threat of supply shortages by saying girls “could be very happy” with fewer dolls. Finally, Trump signed an executive order Monday to reduce the amount of time it takes to approve pharmaceutical manufacturing plants in the America, and added he will announce pharmaceutical-specific tariffs within the next two weeks.Palantir hikes outlook but shares fallPalantir shares tumbled more than 9% in extended trading after it reported earnings that met expectations. The company, which provides artificial intelligence software for governments and corporations, also hiked its full-year revenue outlook to between $3.89 billion and $3.90 billion. Palantir shares have defied 2025′s broad downtrend in technology stocks. Even after today’s fall, the stock is up 64% this year.Ford suspends its guidanceFord Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from Trump’s tariffs. The Detroit automaker said it expects to offset $1 billion of those costs through remediation actions as well as volume and pricing expectations for a total impact of $1.5 billion in 2025. Shares fell around 2.5% in extended trading.[PRO] Chinese ETF over U.S. tech? Chinese technology stocks have seen a volatile start to 2025, with substantial short-term swings in both directions. But the choppy price action year to date is within a constructive long-term context. This Chinese tech ETF could be a better bet than U.S. technology stocks, which appear relatively overextended, wrote Katie Stockton, founder and managing partner of Fairlead Strategies.And finally...Dado Ruvic | ReutersTemu and Shein face massive tariffs. But don’t count them out of the U.S. e-tail scene, experts sayOn Friday, the de minimis rule — a policy that had exempted U.S. imports worth $800 from trade tariffs — officially closed for shipments from China. This has seen Temu and Shein exposed to duties as high as 120% or a flat fee of $100, set to rise to $200 in June.The small-package tariff exemption had been key to the companies’ ability to maintain budget prices on the merchandise they ship from China. Now that it’s gone, prices on Temu and Shein have been surging, with the former ending direct shipments from outside the U.S. altogether. Despite the new trade challenges that Temu and Shein face, e-commerce and supply chain experts told CNBC that the companies are still capable of competing with their rivals in the U.S.
Investors continue to underestimate the artificial intelligence (AI) specialist.
Seventeen states and the District of Columbia have sued the federal government, alleging an executive order signed by the so-called president that mandated a halt to all wind energy projects both onshore and offshore is illegal, nonsensical, and contrary to other executive orders. New York Attorney General Letitia James is ... [continued]The post Blue States Sue Feds Over Halt To Wind Energy Projects appeared first on CleanTechnica.
Deliveroo, which lets users order hot meals and groceries via an app, said its board agreed to an offer from DoorDash to acquire all issued and to be issued shares in the company for 180 pence a share. That marks a 44% premium to Deliveroo’s closing price on April 4, the last business day prior to DoorDash’s initial offer letter.LONDON — British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion ($3.9 billion).Deliveroo, which lets users order hot meals and groceries via an app, said its board agreed to an offer from DoorDash to acquire all issued and to be issued shares in the company for 180 pence a share.That marks a 44% premium to Deliveroo’s closing price on April 4, the last business day prior to DoorDash’s initial offer letter.Deliveroo shares jumped to a three-year high last week after the company confirmed it had received a takeover offer from DoorDash.The transaction values Deliveroo at £2.9 billion on a fully diluted basis, the company said.DoorDash said that the financial terms of the acquisition were final and would not be increased unless a third party steps in with a rival bid.“I could not be more excited by the prospect of what DoorDash and Deliveroo will be able to accomplish together. We’ll cover more than 40 countries with a combined population of more than 1 billion people, enabling us to provide more local businesses with the tools and technology they need to thrive,” said Tony Xu, CEO and Co-founder of DoorDash.This is breaking news. Please refresh for updates.
Workplace Safety North (WSN) – a leader in workplace health and safety training – and Sofvie – a workplace safety technology provider [...]The post Workplace Safety North and Sofvie collaborate to offer subsidized supervisor training appeared first on Canadian Mining Journal.
It's common for both large and smaller films to include production both in the U.S. and other countries.
Leading cryptocurrencies traded flat on Monday as uncertainty about tariffs calmed investors' risk appetite.CryptocurrencyGains +/-Price (Recorded at 8:45 p.m. ET)Bitcoin (CRYPTO: BTC)-0.26%$94,467.01Ethereum (CRYPTO: ETH) -0.25%$1,811.62Dogecoin (CRYPTO: DOGE) -1.00%$0.1697What Happened: Bitcoin wobbled between the mid-$93,000s and the early $95,000s, with the apex cryptocurrency hitting an intraday high of $95,193.19.Ethereum also experienced a choppy trading day as it wiggled in the $1,800 region. The second-largest cryptocurrency's trading volume rose 27% in the last 24 hours.President Donald Trump endorsed cryptocurrencies in an interview, deeming it a "popular" and "hot" sector.About $146 million was liquidated from the cryptocurrency market in the last 24 hours, with bullish long bets accounting for $83.75 million.That said, over $500 million in Bitcoin shorts risked liquidation if the leading cryptocurrency rebounded to $97,000.The majority of Binance traders with open BTC positions placed bearish bets on Bitcoin, according to the Long/Short Ratio.On the other hand, the market sentiment shifted to "Greed," according to the Crypto Fear and Greed Index.Top Gainers (24-Hours)CryptocurrencyGains +/-Price (Recorded ...Full story available on Benzinga.com
Jeremiah Buckley, Janus Henderson Equities portfolio manager, joins CNBC's 'Squawk on the Street' to discuss outlooks on tech, travel, and more.
South Africa remains one of the most unequal countries in the world. The country's per-capita expenditure Gini coefficient, a measure of how spending from income is distributed, stands at 0.65. This puts it among countries with the most unequal distribution of spending globally.
The departure of University of Delaware President Dennis Assanis means the four largest colleges in Greater Philadelphia will all be undergoing leadership changes within the span of 18 months.
McALLEN, Texas (AP) — The South Texas home of Elon Musk’s SpaceX rocket company is now an official city with a galactic name: Starbase.
BOSTON, May 05, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Cable One, Inc. (NYSE:CABO) for potential securities law violations. Investors who have lost money in their Cable One, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cabo.What is this all about?Shares of Cable One, Inc. fell over 40% in intraday trading on May 2, 2025, after the company missed earnings expectations by nearly $8 and suspended its dividend. Analysts at Keybanc called the results "extremely dissapointing" and questioned the credibility of Cable One's management. Raymond James also criticized Cable One's management, claiming that "The results for Q1 were worse than expected, yet management was adamant they will see growth in both broadband top line revenue and ...Full story available on Benzinga.com
NEW YORK (AP) — President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S.
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.Okay, so not everything in your life needs to be brand new. Sometimes, a lightly used MacBook from 2017 is all we need and that’s exactly what we have here. The 13.3" retina display laptop comes with 128GB of storage with 8GB of RAM. It uses an Intel Core i5 1.8GHz process so you can work through all your to-dos. The...Read more...
Elon Musk At Milken Conference: AI Will Replace Bloated, Inefficient Federal Gov't Since President Donald Trump took office in mid-January, the Trump administration has employed Elon Musk's Department of Government Efficiency (DOGE) to streamline government operations. This initiative eliminates redundancies, fraud, and waste while leveraging artificial intelligence to automate and reduce bureaucratic inefficiencies.On Sunday, Elon Musk attended the closed-door Milken Institute Global Conference, where he provided further details on deploying AI to eliminate government inefficiencies, potentially replacing some public sector workers, according to Bloomberg, citing an attendee of the prestigious conference at the Beverly Hilton in Los Angeles.Musk told financier Michael Milken at the closed-door event, which tickets start at $25,000 and features high-level individuals, including US Treasury Secretary Scott Bessent, Nvidia's Jensen Huang, Citigroup's Jane Fraser, and Citadel's Ken Griffin, how AI will replace some of the federal government's workforce. Musk also spoke about his brain implant company, Neuralink, and the development of Starship at his rocket company, SpaceX.DOGE and the Trump administration bet that AI can replace a sizeable portion of the government workforce—particularly those in administrative, data processing, and customer service roles—to dramatically reduce federal payroll costs, eliminate inefficiencies, and modernize public services. Last week, the latest data from global outplacement and executive coaching firm Challenger, Gray & Christmas showed the government had led all sectors in job cuts this year, with 281,452 of those cuts attributed to DOGE-related cost-cutting.Jobless Claims Jumped Last Week As 'DOGE Actions' Spark Biggest YTD Layoffs Since 2020 https://t.co/mPjuSJiyAH— zerohedge (@zerohedge) May 1, 2025In an interview, late last week on Fox News' Jesse Watters Primetime, DOGE staffer Edward Coristine, nicknamed "Big Balls," described some shocking examples of waste and mismanagement by unaccountable bureaucrats. EXCLUSIVE: @elonmusk and the @DOGE boys EXPOSE reckless spending at the @usedgov. Caesars Palace and stadiums were being rented out for parties on YOUR dime. pic.twitter.com/pShztaGrT5— Jesse Watters (@JesseBWatters) May 2, 2025Yet efforts to eliminate waste and fraud from the federal government have been met with intense opposition from the Democratic Party as the era of unchecked spending ends. Tyler DurdenMon, 05/05/2025 - 10:45
A look inside a former CHEO Dream Home for sale in Ottawa CTV News
Motor fuels distributor Sunoco to buy rival Parkland in $9 billion deal ReutersSunoco to buy Parkland in $9 billion deal in Americas fuel supplier consolidation CNBCSunoco to Buy Canadian Fuel Seller Parkland for $9.1 Billion Bloomberg.comSunoco makes $7.7-billion bid for gas station owner Parkland The Globe and MailParkland Corporation to be Acquired by Sunoco LP PR Newswire
Eaton Corporation (NYSE:ETN) reported better-than-expected first-quarter 2025 results on Friday.Revenue rose 7% year-over-year (Y/Y) to $6.38 billion, beating the consensus of $6.26 billion. Organic sales growth grew 9% Y/Y. Adjusted EPS rose 13% Y/Y to $2.72, beating the consensus of $2.71.Paulo Ruiz, Eaton president and chief operating officer, said, "Demand in our end markets continues to drive strong organic growth. As we look ahead, we're confident, even amid broader macroeconomic volatility, we're prepared to meet that demand with a proven strategy to invest in our businesses, drive operational excellence and continue our path of growth."For 2025, ...Full story available on Benzinga.com
Watch: China Hit By Worker Protests Over Unpaid Wages, Factory Shutdowns Amid Trump Tariffs President Donald Trump’s hard-hitting tariffs on China appear to be taking a toll, disrupting Chinese factories and sparking worker protests over unpaid wages.As we noted late last month based on reporting by the Financial Times, factories across all of China have begun shutting down and furloughing workers "as the trade war unleashed by US President Donald Trump dries up orders for products ranging from jeans to home appliances."With most Chinese goods now facing US duties of at least 145%, or simply lacking the raw materials needed to process goods and sent them onward to the US, Chinese factory owners told the FT that American customers have cancelled or suspended orders, forcing them to cut production.With about 15% of all Chinese exports last year going to the US...... and with China increasingly transshipping billions of goods to the US using such (formerly) untariffed venues such as Vietnam... .... it is not all surprising that as China's largest trading partner halts most imports, pain would be pervasive. And it is: in interviews with the Financial Times and via dozens of social media posts, workers shared pictures of quiet production lines or factory suspension notices, highlighting how the tariffs are starting to bite.Now, according to Radio Free Asia, protests are erupting across China - from Hunan’s Dao County to Sichuan’s Suining City and Inner Mongolia’s Tongliao. Hundreds of enraged workers are storming the streets, blasting unpaid wages and wrongful firings as factories collapse under the crushing force of President Trump’s relentless U.S. tariffs, the news outlet said.One video shared to X showed angry workers shouting “Strike! Strike!” while protesting outside the Shangda Electronics’ factory in Suining city on Sunday.【中国多地传出讨薪、罢工维权运动】中国经济下行,加上美国对中国产品祭出高额关税,内外夹击下,社交平台X及Youtube帐号“昨天” @YesterdayBigcat 近日上传多起中国各地拖欠薪资,员工讨薪和罢工争取权益的案件。#中国经济 #下行 #欠薪 #罢工 #农民工 pic.twitter.com/FQqclPMNsX— 自由亚洲电台 (@RFA_Chinese) April 29, 2025Radio Free Asia also reported:Last week, on April 24, hundreds of workers of Guangxin Sports Goods in Dao county went on strike after the company’s factory was shut down without paying employees their compensation or their social security benefits.Workers at the company’s factory, which produces sports protective gear and related accessories, said Guangxin Sports unfairly dismissed more than 100 female employees, aged over 50 years, in September 2024 on the grounds of “reaching retirement age,” without paying them their wages or guiding them on retirement procedures.When Radio Free Asia contacted Guangxin for a comment, a male employee at the company immediately hung up the phone on hearing the word “reporter.” The Dao County Labor and Social Security Bureau told RFA that “Guangxin still has dozens of employees operating.”Elsewhere in Inner Mongolia, many construction workers gathered on the rooftops of Jincan Royal Garden Community in Tongliao city on April 25 where they threatened to jump off the building if they were not paid the back wages they were due, another video posted on the same X account showed.Of note, Goldman Sachs warned last month that Trump’s tariffs put roughly 16 million jobs in China at risk, saying that the increases will “significantly weigh on the Chinese economy.” In April, China’s manufacturing activity plunged more than expected to a 16-month low, entering into contractionary territory, with the official purchasing managers’ index sinking to 49.0. “The sharp drop in the PMIs likely overstates the impact of tariffs due to negative sentiment effects, but it still suggests that China’s economy is coming under pressure as external demand cools,” said Zichun Huang, China economist at Capital Economics, wrote.After Trump shocked the world by imposing a 145% tariff on Chinese imports, Beijing countered with 125% duties on U.S. goods. Trump claims negotiations with Chinese officials are underway, but China’s Foreign Ministry has rejected these assertions, dismissing them as “unfounded.” The White House has defended the tariffs as a necessary measure to protect U.S. workers and address China’s trade practices, though economists warn of rising consumer prices and potential economic disruptions. Bloomberg News reported this week that China has quietly lifted $40 billion in retaliatory tariffs on 131 U.S. import items, including pharmaceuticals and industrial chemicals.In a Sunday interview with Fox News, Trump said that he will not lower tariffs on China to entice Beijing to negotiate."They said today they want to talk. Look, China, and I don't like this. I'm not happy about this. China's getting killed right now," Trump told host NBC's "Meet The Press" host Kristen Welker. "They're getting absolutely destroyed. Their factories are closing. Their unemployment is going through the roof. I'm not looking to do that to China now. At the same time, I'm not looking to have China make hundreds of billions of dollars and build more ships and more Army tanks and more airplanes.""You're not dropping the tariffs against China to get them to the negotiating table?" Welker asked."No,” the president replied. Tyler DurdenSun, 05/04/2025 - 22:45
The seven-story project is on a former church site.
The big question: Can the S&P continue its yowza streak?
I am interested in the illusion of worth that money gives to individuals since money in and of itself is dead. It is comprised of metal or pieces of paper mixed with cloth. It is only the human agreement as to how much the paper or metal is worth that allows us to purchase objects with it. On the other hand, people, animals, plants, the earth are alive. We and they have inherent value. When people choose money over life, we are all in trouble.
Americans’ voting rights are under assault from pending legislation and a presidential executive order. Led by the League of Women Voters (LWV) and the American Civil Liberties Union (ACLU) Americans are fighting back against attempts to make it harder for millions of eligible voters to have their voices heard.
How the stock market made back all its losses after Trump escalated the trade war
The U.S. Department of Education will resume collecting on defaulted student loans on Monday. More than 5 million borrowers are currently in default, and that total could swell to roughly 10 million borrowers within a few months, according to the Trump administration. The federal government has extraordinary collection powers on its student loans and it can seize borrowers’ tax refunds, paychecks and Social Security retirement and disability benefits.The U.S. Department of Education is set to restart collection efforts on defaulted student loans on Monday — putting millions of borrowers at risk of wage garnishment and other consequences.The federal government has extraordinary collection powers on its student loans and it can seize borrowers’ tax refunds, paychecks and Social Security retirement and disability benefits.More than 42 million Americans hold student loans, and collectively, outstanding federal education debt exceeds $1.6 trillion. More than 5 million borrowers are currently in default, and that total could swell to roughly 10 million borrowers within a few months, according to the Trump administration.The Trump administration has been critical of former President Joe Biden’s student loan relief efforts, questioning the logic of directing financial resources at those who’ve benefited from a college degree.“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” said U.S. Secretary of Education Linda McMahon in a statement.More from Personal Finance:Is college still worth it? It is for most, but not allHow to maximize your college financial aid offerWhat student loan forgiveness opportunities remain under TrumpBorrowers face plan changes, long waits for helpCollection activity on federal student loans has mostly been paused for half a decade. During that period, there have been sweeping changes and disruptions to the lending system.Millions of borrowers who signed up for the Biden administration’s new repayment plan, known as SAVE, were caught in limbo after GOP-led lawsuits managed to get the plan blocked in the summer of last year. Many of those borrowers will now have to switch out of a Biden-era payment pause and into another repayment plan that will spike their monthly bill.In recent months, the Trump administration has eliminated the forgiveness provision from some student loan repayment plans.It also terminated staff at the Education Department, including many of the people who helped assist borrowers. Now some student loan borrowers report waiting hours on the phone before being able to reach someone about their debt. (The Trump administration has told defaulted borrowers to contact the department for options on getting current.)“The timing of the layoffs is unfortunate, given the need for borrowers to get help,” said higher education expert Mark Kantrowitz, who added that he’s heard from people stuck waiting on hold as long as eight hours to speak with someone at the department or their loan servicer.Borrowers in default may see credit scores declineRestarting collections while the federal student loan system is facing so much uncertainty “will further fan the flames of economic chaos for working families across this country,” said Mike Pierce, the executive director of the Student Borrower Protection Center.In addition to garnished paychecks and benefits, the millions of borrowers who are already late on their payments may see their credit scores tank by as much as 129 points as the Education Department ramps up collection activity, VantageScore recently wrote.Meanwhile, the Federal Reserve predicted in March that some people with a delinquency could see their scores fall by as much as 171 points. Credit scores typically range from 300 to 850, with around 670 and higher considered good.Lower credit scores can lead to higher borrowing costs on consumer loans such as mortgages, car loans and credit cards.“We’ve been seeing clients with delinquent accounts who reached out after noticing a drop in their credit scores,” said Carolina Rodriguez, director of the Education Debt Consumer Assistance Program in New York.She said one client hasn’t made a payment on her student debt since last year because she can’t afford her $200 monthly bill.“She’s making $45,000 and living in New York City,” Rodriguez said. “Every month, she’s in the red.”
Dollar under water as surge in Taiwan dollar spills over ReutersDollar’s Decline Is Fueling Dislocations Across Asian Currencies Bloomberg.comUh-oh, the Taiwanese dollar is having a mad one Financial TimesSurging TWD fuelling revaluation talk Forexlive | Forex News, Technical Analysis & Trading ToolsUS dollar to dip below NT$30: expert Taipei Times
Windtree Therapeutics' CEO explains the strategy behind the biotech company's surprising $43 million apartment complex acquisition.
These large-cap stocks were the worst performers in the last week. Are they in your portfolio?Block, Inc. (NYSE:XYZ) shares tumbled 19.90% after the company reported worse-than-expected financial results. Analysts slashed the price forecast on the stock.Lineage, Inc. (NASDAQ:LINE) shares fell 18.93% after reporting worse-than-expected first-quarter sales results. Some analysts lowered the price forecast on the stock.Becton, Dickinson and Company (NYSE:BDX) stock dipped ...Full story available on Benzinga.com
The bestselling author and podcaster explains the most powerful wealth-building tool and how to make the most of it.
Kidnappers in France target cryptocurrency entrepreneurs for ransom NPRFather of crypto entrepreneur rescued from kidnappers after having finger severed CNNFrench police investigate spate of cryptocurrency millionaire kidnappings The GuardianKidnapped father of French crypto-millionaire rescued BBCAbducted dad of crypto firm boss freed in French police raid Le Monde.fr
How the stock market made back all its losses after Trump escalated the trade war
Guacamole has been spared from tariffs for now. But salsa may not be so lucky. While threatened tariffs on Mexican avocados have been put on pause, the U.S. government plans to put a nearly 21% duty on fresh Mexican tomatoes...
This beautiful girl was found in the parking lot at SOS Animal Shelter hiding in the drain.
As A Chicken Nugget Fanatic, I Tried These Nuggets From 5 Popular Fast-Food Chains — Here's My Definitive Ranking BuzzFeed
Many cruisers think that all major cruise lines should work together to enforce this ban.
Warren Buffett sends strong message on trade, tariffs TheStreetBerkshire meeting updates: Buffett proposes Abel become CEO, talks trade policy, market volatility CNBCWarren Buffett Steps Down as CEO—and Other Key Takeaways From Berkshire's Annual Meeting InvestopediaWarren Buffett says United States shouldn't use 'trade as a weapon' Financial PostThrongs of admirers fill an arena to get Warren Buffett’s take on tariffs and Berkshire Hathaway CityNews Halifax
The Oracle of Omaha discussed the trade war at Berkshire Hathaway's annual conference.
Republicans Want You to Pay More at the Pharmacy — Or Die Rolling StoneHospitals begin to grapple with tariff fallout AxiosTariffs threaten a pharmaceuticals shortage, as 95% of ibuprofen comes from China FortuneIs the Trump Administration About to Cause AbbVie, Eli Lilly, and Johnson & Johnson Stocks to Crash? The Motley FoolTrump hints at tariff reprieve for pharma companies that bring operations back to US The Guardian