Author: usaeverydaylife

Deion Sanders signed future Heisman Trophy winner Travis Hunter — the nation’s No. 1 overall recruit — to Jackson State without ever stepping foot on his high school campus.No one on his staff visited, either. It was unprecedented, an unthinkable recruiting victory that established Sanders as a force in the sport.But now entering his sixth season as a college coach and third season at Colorado, Sanders has a recruiting approach that has grown more traditional as his program has matured. No, Sanders still isn’t making home or school visits, a much discussed choice that is believed to have made him…

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Joachim Nagel, president of the Deutsche Bundesbank, during a presentation of the Bundesbank’s 2024 Annual Report in Frankfurt, Germany, on Tuesday, Feb. 25, 2025.Alex Kraus | Bloomberg | Getty ImagesGermany’s central bank proposed on Tuesday a far-reaching reform of the country’s constitutionally enshrined cap on borrowing, which could give the government up to 220 billion euros ($232 billion) worth of extra cash for defence and investment this decade. Some investors and political parties argue the so-called debt brake, which limits budget deficits to 0.35% of gross domestic product, stymies economic growth. The German economy, Europe’s largest, shrank for the past…

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Data centers could drive growth for Vistra , according to Bank of America. The firm upgraded the electricity and power generation stock to buy from neutral, but lowered its price target to $152 per share from $164. BofA’s forecast still implies nearly 23% upside from Monday’s close. Analyst Ross Fowler said the rise and demand for data centers, which are essential components of powering artificial intelligence applications and programs, could be a catalyst for growth outside of the company’s core businesses. “While we do not factor datacenters into our valuation, we believe this could provide upside through the forecast period,”…

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FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019. Yuri Gripas | ReutersThe Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it.The CFPB sued Early Warning Services, which runs the peer-to-peer payments network, as well as JPMorgan Chase, Bank of America and Wells Fargo in December, alleging that the firms failed to properly investigate fraud complaints or give victims reimbursement.The CFPB “dismisses this action…

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File photo shows the air traffic control tower at Chicago’s Midway International Airport.M. Spencer Green | APAviation industry members on Tuesday again urged lawmakers for newer air traffic control technology and more hiring of air traffic controllers as airlines continue to complain about longtime shortfalls, while air travel demand has boomed.Their testimony was delivered to a House committee hearing about a month after an American Airlines regional jet and an Army Black Hawk helicopter collided near Ronald Reagan Washington National Airport, killing all 67 people on board the two aircraft in the deadliest U.S. airline crash since 2001.Transportation Secretary Sean…

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Taiwan Semiconductor Manufacturing Co.’s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, adding it helps with diversification of chipmaking locations.Amon also addressed U.S President Donald Trump’s tariff policy, suggesting longer term technology trends would outweigh any short term uncertainty.Trump announced on Monday that TSMC would invest $100 billion in the U.S. which would go toward building more chip fabrication plants in Arizona. TSMC is the world’s largest semiconductor manufacturer and supplies chips to the likes of Qualcomm, Apple and Nvidia.The U.S., under leadership of both Trump and former…

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Major League Baseball commissioner Rob Manfred is reviewing a request for Pete Rose to be removed from MLB’s permanently ineligible list, which could lead to his eventual selection to the National Baseball Hall of Fame.According to reports published last Saturday, Manfred met with Rose’s daughter, Fawn, and his former lawyer Jeffrey Lenkov about reinstatement in December. A formal petition was submitted on Jan. 8.On Friday evening, one day before that news was reported, President Donald Trump posted on social media that he planned to posthumously pardon Rose and advocated for MLB to rescind Rose’s lifetime ban, which was issued in…

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A day after President Trump ordered the suspension of American military assistance, Ukrainian diplomats and politicians scrambled on Tuesday to find a way to salvage their alliance with Washington while the war weary nation prepared for the possibility that it will have to fight on without U.S. support.With the White House and the Kremlin growing ever more closely aligned, Ukraine was seeking to shore up support from its European allies, many of whom were quick to offer reassurances on Tuesday. Military officials were assessing how long Ukraine’s own stockpiles would last before the situation led to critical gaps on the…

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Markets have been under significant pressure since February 19, with the tech sector leading the decline. The one-year daily chart of the Invesco QQQ Trust (QQQ) illustrates this pullback. Despite the current sell-off, we remain in a bull market, and it’s well known among market technicians that the 200-day moving average serves as a strong long-term support in such conditions. Notably, during the last two visits to this level, QQQ experienced sharp rebounds, and we are seeing similar price action again. With QQQ approaching the 200-day exponential, it could be setting up for another bounce. One effective way to identify…

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Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty ImagesU.S. stocks saw losses mount on Tuesday as President Donald Trump’s tariffs on key trade partners took effect and prompted retaliatory measures, escalating fears of a global trade war and the national economy cracking.The Dow Jones Industrial Average dropped 759 points, or 1.8%, building on Monday’s plunge of nearly 650 points and on track for its worst day of 2025. The S&P 500 shed 1.7%. The Nasdaq Composite lost 1.9%.…

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