The ‘Fast Money’ traders talk impact of auto tariffs on markets. Source link
Author: usaeverydaylife
Hinge is launching a $1 million fund to help local groups in London put on social events for young people.Maskot | Digitalvision | Getty ImagesIt may come as no surprise that Gen Z, the online generation, are increasingly struggling with loneliness — but an unlikely source is coming to their aid.Dating app giant Hinge on Thursday announced a $1 million fund for around 100 local groups based in London to put on free or affordable social events for young people, in a global expansion of their One More Hour social impact initiative, which first launched in the U.S. last year.The…
The Trump administration intends to terminate the United States’ financial support for Gavi, the organization that has helped purchase critical vaccines for children in developing countries, saving millions of lives over the past quarter century, and to significantly scale back support for efforts to combat malaria, one of the biggest killers globally.The administration has decided to continue some key grants for medications to treat H.I.V. and tuberculosis, and food aid to countries facing civil wars and natural disasters.Those decisions are included in a 281-page spreadsheet that the United States Agency for International Development sent to Congress Monday night, listing the…
CNBC’s Megan Cassella joins ‘Fast Money’ to talk the latest from the White House. Source link
The Twitter logo is displayed on a smartphone screen and on a computer screen in Athens, Greece, on April 20, 2024. Nurphoto | Nurphoto | Getty ImagesElon Musk-owned social media platform X is poised for the company’s first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed on Wednesday.Brands are returning to X at a time when Musk’s influence has grown in the Trump administration, with the Tesla CEO’s key role in the U.S. Department of Government Efficiency.In 2025, X’s U.S. ad revenue is expected to grow 17.5% to $1.31 billion, while global ad sales are estimated to rise 16.5% to $2.26 billion, according to Emarketer.”Some of this year’s growth is also…
Air Asia planes are parked at Kuala Lumpur International Airport LCCT in Kuala Lumpur, Malaysia, on April 30, 2023.Nurphoto | Nurphoto | Getty ImagesAn AirAsia flight bound for China returned to Kuala Lumpur due to an engine fire shortly after takeoff and landed safely with no injuries reported, Malaysian authorities said on Thursday.Flight AK128 on an Airbus A320, was en route to Shenzhen but turned back to Kuala Lumpur International Airport after a “pneumatic ducting burst” caused a fire in the right engine shortly after its 9:59 p.m. (1359 GMT) departure on Wednesday, the Selangor state fire department said in a statement.The fire was completely extinguished by the plane’s in-built system before it landed safely slightly after midnight, the department said, adding all 171 passengers and…
Chris Harvey, Wells Fargo securities, joins ‘Fast Money’ to talk how to navigate the current market volatility. Source link
Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England.Anna Barclay | Getty ImagesShares of Asia’s automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in the country.Japanese automakers Toyota and Honda fell 3.69% and 2.91% respectively. Nissan, which has two plants in Mexico, declined 2.92%, and Mazda Motor lost over 6%. Mitsubishi Motor fell 4.9%. South Korea’s Kia Motors, which has a manufacturing plant in Mexico, dipped 2.76%. Shares of Chinese automakers Nio and Xpeng fell 3.94% and…
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba Cloud launched Thursday its latest AI model in its “Qwen series,” as large language model competition in China continues to heat up following the “DeepSeek moment.”The new “Qwen2.5-Omni-7B” is a multimodal model, which means it can process inputs, including text, images, audio and videos, while generating real-time text and natural speech responses, according to an announcement on Alibaba Cloud’s website. The company says that the model can be deployed on edge devices like mobile phones, offering high efficiency without compromising performance. “This unique…
Jair Bolsonaro, Brazil’s former president, will face trial on charges that he oversaw a vast scheme to cling to power after losing the 2022 elections, including an attempt to overturn the vote and a plot to assassinate the nation’s president-elect, the country’s Supreme Court decided on Wednesday.The ruling marks a significant effort to hold Mr. Bolsonaro accountable for accusations that he sought to effectively dismantle Brazil’s democracy by orchestrating a broad plan to stage a coup.Supreme Court Justice Alexandre de Moraes, who is overseeing the case, said in explaining his decision that there was no doubt Mr. Bolsonaro “knew, handled…
