Author: usaeverydaylife

Three countries on President Trump’s Middle East tour this week are also the sites of recent investments in Trump businesses that benefit the president. Eric Lipton, an investigative reporter for The New York Times, describes those investments, and what those countries — Saudi Arabia, Qatar and the United Arab Emirates — are, at the same time, seeking from Mr. Trump and the United States. Source link

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People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesWalmart will report its quarterly earnings before the bell on Thursday, as investors and economists gauge the strength of the U.S. consumer and the impact of higher tariffs on the retail industry.Here’s what Wall Street is expecting for the fiscal first quarter, according to a survey of analysts by LSEG:Earnings per share: 58 centsRevenue: $165.88 billionWalmart has advantages that could help it weather an uncertain economy. As the nation’s largest grocer, it sells food and necessities that drive steadier store and website…

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Wednesday’s market moves gave Wall Street little to celebrate, but the relatively calm session could be a sign that the environment has made a welcome shift toward something closer to normal. The S & P 500 shuffled between modest gains and losses throughout the session, ultimately closing up a mere 0.1%. But even at its lows of the day — around 5,872 — the index was well above a key range identified by Jason Hunter, the head of technical strategy at JPMorgan. He said in a note to clients late Tuesday that the U.S. market appears to have jumped out…

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Asia is set to see a travel boom, and countries in the region are gearing up to exploit this surge in demand.Singapore’s Changi Airport on Wednesday broke ground on its fifth terminal, which is expected to be operational in the mid-2030s.The new terminal, which sits on a plot of land 1,080 hectares large, will almost double the size of Changi Airport’s existing area.This will allow the airport to handle 140 million passengers per year from its current capacity of 90 million passengers. Changi, which was most recently awarded Skytrax’s “World’s Best Airport” in 2025 for the 13th time, welcomed 67.7…

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Shao Chun Chen moved to Chiang Mai, Thailand, in late 2024.Courtesy of Shao Chun ChenShao Chun Chen used to work more than 40 hours a week in his corporate career in Singapore. Now, he has a three-hour-a-week job that sustains his and his family’s life in Thailand.The 39-year-old grew up in Singapore and spent most of his life in the city-state before moving to Chiang Mai, Thailand, with his wife in November 2024. Today, he “supercommutes” from Thailand to Singapore, flying over 1,200 miles once a week to work as an adjunct lecturer at the National University of Singapore.He says…

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Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday sidestepped a question about vaccines and whether he would choose to vaccinate his children today against a number of diseases, saying, “I don’t think people should be taking medical advice from me.”Kennedy’s comment was in response to Rep. Mark Pocan, D-Wis., during a House Appropriations Committee hearing.Amid an ongoing measles outbreak in West Texas and other parts of the U.S. that’s killed two children and one adult — all unvaccinated — Kennedy has pushed unproven remedies, including a steroid called budesonide, an antibiotic called clarithromycin and cod liver oil, a supplement…

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Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions, a top adviser to Iran’s supreme leader told NBC News on Wednesday. Ali Shamkhani, a top political, military and nuclear adviser to Iranian Supreme Leader Ayatollah Ali Khamenei, is one of the most senior Iranian officials to speak publicly about the ongoing discussions. He said Iran would commit to never making nuclear weapons, getting rid of its stockpiles of highly enriched uranium which can be weaponized, agree to only enrich uranium to the lower levels needed for civilian use, and allow…

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NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters The “Magnificent Seven” group of stocks — comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla — drove much of the S&P 500’s sterling 23.31% gain in 2024.They have also been some of the hardest stocks hit by U.S. President Donald Trump’s tariffs. Those that rely heavily on global supply chains and export markets, such as Apple and Nvidia, suffered the most. By contrast, Meta and Microsoft, which derive more of…

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