Under a soccer field in a Vienna neighborhood along the Danube, archaeologists have found a mass grave dating to the era when the Roman Empire was battling Germanic tribes almost 2,000 years ago, experts announced this week.The grave was discovered in October by a construction company doing renovations for the field in Vienna’s Simmering district, a team of archaeologists and historians at the Vienna Museum said in announcing its findings. The extraordinary discovery was tied to what they called a “catastrophic” military event, possibly one where Roman troops were badly defeated and fled the site quickly.Radiocarbon dating traced the bones…
Author: usaeverydaylife
Yeti tumblers are displayed at an REI store on May 09, 2024 in Berkeley, California. Justin Sullivan | Getty ImagesCompany: Yeti Holdings Inc (YETI)Business: Yeti is a designer, retailer, and distributor of outdoor products. The company’s product portfolio consists of three categories: Coolers & Equipment, Drinkware and Other.Stock Market Value: ~$2.5B ($30.15 per share)Stock Chart IconStock chart iconYeti Holdings in the past 12 monthsActivist: Engaged Capital LLCOwnership: 1.87%Average Cost: n/aActivist Commentary: Engaged Capital was founded by Glenn W. Welling, a former principal and managing director at Relational Investors. Engaged is an experienced and successful small cap investor and makes investments with…
Financial markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation. With one of the nastiest two-day selloffs in history following President Donald Trump’s launch of punitive tariffs on most trading partners, the stock market is in one of those precarious spots: Both tightly coiled for a near-term bounce soon, but not quite priced for the full fundamental implications of this policy as now contemplated. Bespoke Investment Group gave voice to this uncomfortable moment, in which markets that are built to produce the…
The Nasdaq MarketSite in New York, June 9, 2023.Michael Nagle | Bloomberg | Getty ImagesSilicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least.Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered steep consecutive daily drops to finish 10% lower for the week, the index’s worst performance since the beginning of the Covid pandemic in 2020.The tech industry’s leading CEO’s rushed to contribute to Trump’s inauguration in January and paraded to Washington, D.C., for the event. Since then, it’s been…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., April 4, 2025.Brendan McDermid | ReutersBefore Wednesday, President Donald Trump’s tariffs were expected to be a problem for markets and the economy, but a manageable one.So much for that idea.What happened instead is something worse than the worst-case scenario, which previously had been one where the U.S. would slap true “reciprocal” duties on its trading partners that would match tariffs charged to American exports.In a perfect world, that would have triggered a round of negotiations that led to deals all sides could live with…
The U.S. Capitol building viewed through the bars of standard barricades in Washington, U.S., April 4, 2025. Leah Millis | ReutersThe U.S. Senate approved a Republican budget blueprint early on Saturday that aims to extend trillions of dollars worth of President Donald Trump’s 2017 tax cuts and sharply reduce government spending.The vote, following an all-night legislative session, unlocks a maneuver that will allow Republicans to bypass the Senate’s filibuster and pass the tax cuts later this year without Democratic votes.Non-partisan analysts say the measure, if enacted, would add about $5.7 trillion to the federal government’s debt over the next decade. Senate…
A top Trump administration envoy to the Middle East was in Lebanon on Saturday amid U.S. pressure on the country to crack down on Hezbollah and as tensions with Israel flare despite a U.S.-brokered cease-fire.Morgan Ortagus, President Trump’s deputy Middle East envoy, met with senior officials after strikes over the past two weeks threatened the truce that went into effect in November.The Lebanese government has been trying to rebuild the country in the wake of the devastating war between Israel and Hezbollah in which about 4,000 people in Lebanon were killed and roughly one million displaced. Hezbollah, the Iran-backed militant…
A man checks his phone next to an electronic board showing stocks on the Heng Seng Index in Hong Kong on April 3, 2025.Peter Parks | Afp | Getty ImagesChina’s Foreign Ministry on Saturday said “the market has spoken” following the U.S. imposition of sweeping new tariffs and called for the White House to defuse the escalating trade war through “equal-footed consultation.”U.S. stock markets fell sharply for a second consecutive day on Friday, with all three major indexes dropping by more than 5% as part of a global rout.The market turmoil was exacerbated on Friday when China’s Finance Ministry announced…
It was not long ago that President Joseph R. Biden Jr. was marshaling European allies to resist the Russian invasion of Ukraine. He illustrated the point that a top American diplomat, R. Nicholas Burns, recently summarized as the way the United States wins the global competition for power and prosperity: “Be nice to your allies.”President Trump clearly has a different view. His antagonism toward Europe has been public for decades, seeing allies as economic competitors and geopolitical parasites. And his decision on Thursday to impose controversially calculated tariffs on America’s partners, including Ukraine — but not on Russia or North…
President Trump and Europe are clashing over tariffs, the war in Ukraine and the very purpose of the European Union’s existence. But they are also divided over free speech — with potentially far-reaching implications for how the digital world is regulated.The E.U. has been investigating U.S. companies under the Digital Services Act, a new law meant to prevent illegal content and disinformation from spreading online. In the first major case to near a conclusion, regulators as soon as this summer are expected to impose significant penalties — including a fine and demands for product changes — on Elon Musk’s social…
