African music lost one of its titans last week with the death of Amadou Bagayoko, a guitarist who recorded with American rock stars, performed at the Nobel concert for Barack Obama, and became a national icon in his home, Mali.With his wife, the singer Mariam Doumbia, Mr. Bagayoko composed the duo Amadou & Mariam, which rose to international fame in the 2000s and 2010s with hits like “Beautiful Sundays.”Mr. Bagayoko was 70 when he died last week, of complications from a malaria infection. He and his wife, who is 66, were scheduled to perform across Europe next month. And while…
Author: usaeverydaylife
David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023.Win Mcnamee | Getty ImagesGoldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects:Earnings: $12.35 per share, according to LSEGRevenue: $14.81 billion, according to LSEGTrading Revenue: Fixed Income of $4.56 billion and Equities of $3.65 billion, per StreetAccountInvesting Banking Revenue: $1.94 billion, per StreetAccountGoldman Sachs may prove to be a beneficiary of the recent market environment.On Friday, rivals JPMorgan Chase and Morgan Stanley each topped expectations for…
A screen showing the Shanghai composite index (top), Shenzhen component index (C) and Beijing stock exchange 50 index (bottom) in Jing’an district in Shanghai on April 9, 2025. Hector Retamal | Afp | Getty ImagesChinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States.Two investor sources said a soft limit on daily net sales by individual hedge funds and big retail investors – implemented through verbal warnings from brokerages – had been…
A general view of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023.CFOTO | Future Publishing | Getty ImagesChina’s exports jumped more than expected in March as businesses frontloaded outbound shipments to avoid prohibitive U.S. tariffs, while imports extended declines as sluggish domestic demand persisted.Exports jumped 12.4% last month in U.S. dollar terms from a year earlier, according to data released by customs authority on Monday, significantly outpacing Reuters’ poll estimates of a 4.4% growth and marking the biggest jump since October last year.Imports fell 4.3% in March from a year earlier,…
Ecuador’s president, who unexpectedly surged in the polls to secure a shortened term in 2023, was declared the victor of the presidential election with a decisive lead on Sunday in a race that showed voters’ faith in his vows to tackle the security crisis with an iron fist.Daniel Noboa, 37, defeated Luisa González, 47, the handpicked successor of former President Rafael Correa.Both candidates accused the other of electoral violations throughout the election season, and Ms. González said she would not recognize the results of the election, in a speech from the headquarters of her party, Citizen Revolution.“I want to be…
Sen. Cory Booker (D-NJ) speaks during Attorney General nominee Merrick Garland’s confirmation hearing before the Senate Judiciary Committee, Washington, DC, February 22, 2021.Al Drago | Pool | ReutersWASHINGTON — Sen. Cory Booker said Sunday that Congress should hold hearings and defended Democratic lawmakers’ calls for investigations into any possibility of insider trading after President Donald Trump encouraged people to buy stocks before reversing his tariff policy last week.”There is enough of an offense here, there’s enough smoke here that should demand congressional hearings,” the New Jersey Democrat said on NBC News’ “Meet the Press.”Democrats began questioning whether anyone traded improperly after Trump said on…
An Apple store at Manhattan Village, on April 8, 2025 in Manhattan Beach, California, U.S.Jay L Clendenin | Getty Images News | Getty Images On late Friday, the Trump administration welcomed the weekend in the best way: by announcing that electronics — such as smartphones, computers and semiconductors — will be temporarily exempted from his so-called ‘reciprocal’ tariffs, including the baseline 10% rate on all countries.That means such products imported from China will apparently not be subjected to the 125% tariff U.S. President Donald Trump slapped on Beijing (a 20% tariff will remain). Apple CEO Tim Cook must be heaving…
View of MAS building, SingaporeLee Yen NeeSingapore on Monday eased its monetary policy for the second straight time, as the city-state posted a lower-than-expected GDP growth of 3.8% for the first quarter, according to advance estimates.The Monetary Authority of Singapore had eased its policy stance in its January meeting too, loosening policy for the first time since 2020.The MAS said Monday it would reduce the rate of appreciation of its policy band known as the Singapore dollar nominal effective exchange rate, or S$NEER.”MAS will continue with the policy of a modest and gradual appreciation of the S$NEER policy band,” it…
Why is this election important?President Daniel Noboa, who has pledged to tackle the security crisis with an iron fist, is facing re-election after 16 months in office. He is neck and neck with Luisa González, a candidate backed by Rafael Correa, the populist former president.In the past five years, Ecuador has experienced an explosion in violence linked to drug trafficking. A justice system plagued by overcrowding, corruption and underfunding has become fertile ground for prison gangs allied with international drug cartels.That has transformed the country from an oasis of peace in a turbulent region to an important player in the…
One strategist said certain commodities “will go way higher than most people will be willing to believe.” Source link
