Two parents and their two children walk through a section of sweet cakes, biscuits and jam.Nicolas Guyonnet | Afp | Getty ImagesEuro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday.Economists surveyed by Reuters had expected inflation to dip to 2.3% in February, down from the 2.5% reading of January.So-called core inflation, which strips out energy, food, alcohol and tobacco costs, hit 2.6% in February, just below the 2.7% print of the previous month.The closely watched services inflation reading, which has proven sticky over…
Author: usaeverydaylife
When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders.Canada created a “fentanyl czar” and committed fresh resources to combating organized crime, while Mexico dispatched troops to the border and delivered cartel operatives into U.S. custody. As a result, Mr. Trump paused tariffs on America’s North American neighbors for 30 days.China never made these kinds of overtures and, in Mr. Trump’s…
The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025.CFOTO/Future Publishing via Getty ImagesChinese electric car company Xpeng delivered more than 30,000 cars for a fourth-straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market.Xpeng delivered 30,453 cars last month, including more than 15,000 units of its lower-priced Mona vehicle, the company said over the weekend.Deliveries of the Mona M03, which include a basic driver-assist system, have topped 15,000 a month since December, according to company figures. Xpeng also said strong demand for driver-assist propelled deliveries of its P7+…
European leaders pose for a family photograph at Lancaster House during the European leaders’ summit on March 2, 2025 in London, England. Wpa Pool | Getty Images News | Getty ImagesEuropean allies put forward their own peacekeeping plans for Ukraine at the weekend, as well as attempting to position the region as a mediator between Kyiv and the White House after the blistering public attack on Ukraine’s President Volodymyr Zelenskyy at the Oval Office last Friday.European leaders met in London on Sunday for a hastily convened summit that aimed to show a united front regarding Ukraine, and to present proposals aiming…
The opening week of the landmark trial of Greenpeace in a multimillion-dollar lawsuit by Energy Transfer over the Dakota Access Pipeline protests did not bode well for the defense.Lawyers for Greenpeace said so themselves in a petition filed in North Dakota’s Supreme Court. They asked the court on Thursday to move the trial out of Morton County, arguing the jury is not impartial. Daily life was disrupted there for nearly a year, in 2016 and 2017, by protesters heading toward the Standing Rock Indian Reservation, just south of the county line.The protests against construction of the pipeline, which since 2017…
The streets of Rio de Janeiro have been littered with Fernanda Torres imitators.They drink beer, clutch plastic Oscars and deliver the impromptu acceptance speeches that they hope their idol, the Brazilian actress Fernanda Torres, will give on Sunday night at the Academy Awards.“It’s the peak of fame in Brazil: to become a costume of Carnival,” Ms. Torres said at a film festival in California this month, referring to her many impersonators during pre-Carnival celebrations over the past several weeks.Ms. Torres was already widely famous in Brazil, but now she has become the nation’s star of the moment for achieving something…
European markets are expected to start the week on a positive note, with traders in the region keeping an eye on the latest inflation data for the euro zone.The U.K.’s FTSE 100 index is expected to open 42 points higher at 8,846, Germany’s DAX up 135 points at 22,621, France’s CAC 34 points higher at 8,124 and Italy’s FTSE MIB 18 points higher at 38,798, according to data from IG.Earnings are set to come from Euroapi and Bunzl, and data releases in focus include preliminary euro zone inflation data for February, with the latest consumer price index coming ahead of a…
When the cease-fire agreement between Israel and Hamas was announced in January, Israelis and Palestinians burst into simultaneous celebrations, optimistic after 15 months of war.Now, with the first phase of the deal over on Sunday and Israel introducing an entirely new proposal that Hamas has already rejected, concern is rising that the fighting that reduced Gaza to rubble, killed tens of thousands of Palestinians and threatened the lives of hostages could resume.As the cease-fire teeters, both Hamas and Israel are pursuing two paths, one diplomatic and another military.On the diplomatic front, Hamas is insisting on the implementation of the second…
When Son Jun-ho, a key midfielder for South Korea’s World Cup soccer team, signed with a Chinese club, he was an indication of China’s ambition to dominate the world’s most popular sport.But after Chinese police officers detained him two years later, accusing him of bribery and match-fixing, he became a symbol of a different sort: the ruthless efficiency of China’s legal system.Mr. Son had insisted to his interrogators that he was innocent. He asked for a lawyer, but the police told him, through a Korean translator, that one was unnecessary. The police threatened to bring his wife in and asked…
Over the last few years, a new class of big-cap stocks have stolen the attention of investors and day-traders. Nvidia, Tesla and Palantir often lead the market’s daily trading volume. Exchange-traded funds that give investors the opportunity to double, or even triple, bets on these stocks have also grown into a larger share of the market. In 2016, leveraged and inverse ETFs were 2% of the ETF market. Now, they represent almost 8% of ETF assets, and like the hot tech stocks they track, they are often among the most traded ETFs, placing in the top 20, sometimes even top 10, in…
