ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJoe Lonsdale, Palantir co-founder, joins ‘Closing Bell Overtime’ to talk the stock’s massive run, Anduril’ funding round latest, the impact of DOGE and more.04:12Fri, Feb 7 20254:57 PM EST Source link
Author: usaeverydaylife
Even as the Trump administration has backed off from hitting Canadian and Mexican imports with tariffs, the threat has not gone away.A 30-day reprieve kicks the can down the road, but the concern for investors and advisors is still very much on the table.It is leading to new conversations about how to prepare portfolios for the next tariff deadline, and a decision that could go the other way this time.While Canada and Mexico are off the hook for now, the trade war is underway with China. This week, the U.S. slapped a 10% tariff on Chinese imports, and China hit back…
President Trump on Friday ordered that all foreign assistance to South Africa be halted and said his administration would prioritize the resettling of white, “Afrikaner refugees” into the United States because of what he called actions by the country’s government that “racially disfavored landowners.”In the order, Mr. Trump said that “the United States shall not provide aid or assistance to South Africa” and that American officials should do everything possible to help “Afrikaners in South Africa who are victims of unjust racial discrimination.”It follows Mr. Trump’s accusation on his social media site on Sunday that the South African government was…
‘Fast Money’ traders on how multiple factors are weighing on markets and making investors nervous. Source link
Big Tech’s decision to go full steam ahead on its capital spending plans is reviving up sentiment among Wall Street analysts, who are now raising their estimates on key artificial intelligence players despite the emergence of China’s rival DeepSeek lab that temporarily shook the trade. U.S. technology hyperscalers Amazon , Microsoft , Google and Meta Platforms are each ramping up their AI-related capital expenditures despite concerns over mounting expenses and the delayed profit payoff. Anxiety around the effect of China’s entrance into AI has only added to the urgency for these companies, which are relying on heightened investment in AI…
One of the people working with billionaire Elon Musk in his efforts to overhaul the U.S. government is a Berkeley-educated computer scientist who has boosted white supremacists and misogynists online.Gavin Kliger lists his job on LinkedIn as “Special Advisor to the Director” at the Office of Personnel Management, which has been spearheading Musk’s efforts to shrink the federal workforce. His USAID email address was copied on a message reviewed by Reuters that was sent to staffers at the international aid agency on Monday. It urged them to stay home while the agency was being shut down.He graduated in 2020 from…
Salim Iskef had just bought a house and his upcoming wedding was going to be the high point of the life he was building in Sweden, a decade after escaping war in Syria.Instead, on Thursday, hundreds of people filed into the church where he was meant to marry in July, to attend his funeral.“We had decided how many children we wanted to have,” said Kareen Elia, Mr. Iskef’s fiancée.Mr. Iskef, 28, was one of 10 people killed on Tuesday by a man who went on a shooting spree at an adult education center in the city of Orebro. Sweden’s prime…
Dewardric McNeal, Longview Global, joins ‘Fast Money’ to talk the ongoing trade tensions between the U.S. and China. Source link
US President Joe Biden, left, and President-elect Donald Trump during a welcome ceremony at the North Portico of the White House ahead of the 60th presidential inauguration in Washington, DC, US, on Monday, Jan. 20, 2025. Jim Lo Scalzo | Bloomberg | Getty ImagesU.S. President Donald Trump on Friday said he was revoking former President Joe Biden’s security clearances and stopping his daily intelligence briefings as there was no need for his predecessor to receive classified information.In a post on Truth Social, Trump referenced a report by Special Counsel Robert Hur that described Biden last year as a “well-meaning, elderly man with a poor memory.”Biden said at…
Elon Musk checks his phone on the day of the Presidential Inauguration of U.S. President Donald Trump at the Rotunda of the U.S. Capitol in Washington, U.S., Jan. 20, 2025. Kevin Lamarque | ReutersA coalition of mostly Democratic-led U.S. states filed a lawsuit on Friday to stop a Trump administration panel led by billionaire Elon Musk from accessing government systems used to process trillions of dollars in payments.The 19 states led by the office of New York Attorney General Letitia James, a Democrat, claim Musk’s Department of Government Efficiency has no legal power to access the U.S. Department of Treasury systems…
