Visitors queue near the glass Pyramid to enter inside the Louvre Museum on a sunny spring day in Paris, France, April 18, 2025.Abdul Saboor | ReutersThieves entered the Louvre from the outside using a basket lift on Sunday and made away with priceless jewels, France’s interior minister said, as the museum closed for the day.Interior Minister Laurent Nuñez called it a “major robbery.” He said on France Inter that individuals “entered from the outside using a basket lift,” stole jewels of “inestimable value,” and that the operation “lasted seven minutes.”It was “manifestly a team that had done scouting,” he said,…
Author: usaeverydaylife
This picture taken from a position on the Israeli border with the Gaza Strip, shows an Israeli armoured personnel carriers driving along the separation barrier on August 20, 2025. Ahmad Gharabli | AFP | Getty ImagesThe Rafah border crossing between Gaza and Egypt will remain closed until further notice, Israeli Prime Minister Benjamin Netanyahu said on Saturday, adding its reopening will depend on Hamas handing over the bodies of deceased hostages as the two sides continued to trade blame over ceasefire violations.Netanyahu’s statement came shortly after the Palestinian embassy in Egypt announced that the Rafah crossing, the main gateway for…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRachel Reeves, U.K. finance minister, discusses budget priorities, fiscal discipline and economic challenges amid global volatility in a conversation with CNBC’s Karen Tso.08:06Fri, Oct 17 20251:35 PM EDT Source link
Europe’s banks take center stage this week as earnings season gets underway, but with heavy losses across the sector on Friday, credit concerns appear to be making their way across the Atlantic at a particularly tricky time for the region’s lenders.Stock Chart IconStock chart iconCredit concerns hit European banksLast week, the biggest names in American finance battled it out to make the most alarming quote of the week. The contenders: JPMorgan CEO Jamie Dimon, Citi Group CEO Jane Fraser and Apollo boss Marc Rowan.Dimon started the week with a stark warning about the private credit market, saying “when you see…
More companies are announcing AI-driven layoffs from Salesforce to Accenture.Mathisworks | Digitalvision Vectors | Getty ImagesFrom tech to airlines, large global companies have been slashing staff as the real-world impact of artificial intelligence plays out, spooking employees. But critics say AI has become an easy excuse for firms looking to downsize.Last month, tech consultancy firm Accenture announced a restructuring plan that includes quick exits for workers that aren’t first able to reskill on AI. Days later, Lufthansa said it was going to eliminate 4,000 jobs by 2030 as it leans on AI to increase efficiency.Salesforce also laid off 4,000 customer…
If you’re looking for a new home, consider waiting until there’s snow on the ground and a nip in the air. Buying in winter can save you tens of thousands of dollars, according to a new LendingTree study. A review of 2024 real estate data found that January was the cheapest month for home sales, with properties going for a median of $178.60 per square foot. By May, the priciest month, comparable homes were selling for $194.20 per square foot, an 8% increase. On a typical 1,500-square-foot house, that’s an extra $23,400.In February, the second-cheapest month, houses sold for a median…
A general view of a U.S. State Department sign outside the U.S. State Department building in Washington, D.C., U.S., July 11, 2025. Annabelle Gordon | ReutersThe U.S. State Department said Saturday that it has “credible reports” that Hamas could violate the ceasefire with an attack on Palestinian civilians in Gaza.If the attack takes place, it “would constitute a direct and grave violation” of the agreement forged by President Donald Trump to end the two-year war between Israel and Hamas, the statement said.No further details were disclosed about the potential attack.”Should Hamas proceed with this attack, measures will be taken to…
Trading cards of the game “Magic” are located in a shop where a “Magic” tournament is taking place.Frank Rumpenhorst | picture alliance | Getty ImagesAs screentime soars and technology races ahead, a low-tech pastime is back in a big way: collecting trading cards.The cardstock depicting everything from NFL standouts to Pokémon and even Taylor Swift is one of the hottest toy categories in stores this year. Big-box retailers are stocking up ahead of the holidays, anticipating that demand will extend beyond traditional toy buyers like children and collectors.”We see trading cards being a hot gifting category for all ages that…
The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty ImagesClose to half of Kalshi’s user base experienced glitches and delays on Saturday during college football games, a major source of trades, as some said they were temporarily unable to process orders.In a message sent to a user obtained by CNBC, the website apologized for any inconvenience and said it was “looking into” the issues traders were experiencing. “The Exchange is experiencing temporary delays,” the message read. “Balances and positions may not be accurately reflected at this time.” One user…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Buffett’s master class on the problem with goldThe price of gold slipped on Friday after hitting a record high above $4,300 an ounce earlier this week.It’s still up more than 50% this year and has almost doubled since early last year.CNBC Pro’s Fred Imbert notes gold is easily beating the S&P 500 this year, and turning in its best performance since 2008’s financial crisis.He adds, “What makes this time…
