Aerial view of the Shanghai financial district skyscrapers and the Huangpu river at sunset.Tobiasjo | E+ | Getty ImagesAsia-Pacific markets opened lower Monday, after U.S. jobs report on Friday dampened investors’ hopes for early interest rate cuts by the Federal Reserve.Australia’s S&P/ASX 200 traded 0.84% lower. Hong Kong’s Hang Seng index futures last traded at 18,971, lower than the HSI’s Friday close of 19,064.29.Japan markets are closed for a holiday. South Korea’s Kospi slipped 0.4% in its first hour of trade, while the Kosdaq dipped 0.3%.China is slated to release its December trade data later in the day, while India…
Author: usaeverydaylife
Volkswagen U.S. assembly of all-electric ID.4 flagship in Chattanooga, Tennessee in 2022.VolkswagenThe new Republican-majority Congress has wasted no time in making its energy priorities clear. Speaker of the House Mike Johnson said from the House floor minutes after his reelection, “We have to stop the attacks on liquefied natural gas, pass legislation to eliminate the Green New Deal. … We’re going to expedite new drilling permits, we’re going to save the jobs of our auto manufacturers, and we’re going to do that by ending the ridiculous E.V. mandates.”Data from the auto industry shows a more complicated story. There are more…
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024.Kevin Wurm | ReutersWith the levers of power in Washington, D.C., about to change hands, a raft of pro-crypto legislation is expected from Congress and the Trump administration. To date, there’s been less focus on the cybersecurity side of the political effort, which could be an issue for crypto in relation to its popularity among a wary U.S. population. Cryptocurrency, which includes not just bitcoin but ethereum, dogecoin, and others, has a faithful following among American adults. According to the Pew…
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty ImagesStock futures were little changed on Sunday as investors look toward a data-heavy week, which includes the December report on U.S. inflation and big bank earnings.Futures tied to the Dow Jones Industrial Average gained 30 points, or 0.07%. S&P 500 futures edged lower by 0.08%, while Nasdaq 100 futures was down 0.06%.This week will give investors a clearer picture of the state of the economy following a blowout jobs…
It’s January, the designated month for self-reflection and setting goals. It’s a time when most people contemplate all the ways they’d like to change for the better in the new year. About a fifth, 21% of Americans want to save more money in 2025, according to Statista, 19% want to eat healthier and 17% want to exercise more.My New Year’s resolutions are typically mental-health oriented. Last year, for example, I resolved to eliminate some life-oriented deadlines — like having kids by a certain age — as a way to relieve stress. And I think it worked.This year, I have a…
Britain’s Prime Minister Keir Starmer gives a media interview while attending the 79th United Nations General Assembly at the United Nations Headquarters in New York, U.S. September 25, 2024.Leon Neal | Via ReutersLONDON — The U.K is looking to build a homegrown challenger to OpenAI and drastically increase national computing infrastructure, as Prime Minister Keir Starmer’s government sets its sights on becoming a global leader in artificial intelligence.Starmer is set to visit Bristol, England, on Monday to announce the pledge, which follows work done by British tech investor Matt Clifford to establish an “AI Opportunities Action Plan.” The plan aims…
As Western diplomats explore establishing ties with the rebels who took power in Syria, a religious minority has been conducting its own diplomatic push to ensure protections for its members as the country rebuilds.A representative of the group, the Druse, recently went to Washington to meet with lawmakers, members of the Biden and Trump administrations and diplomats to plead their case.“We are very worried about the future,” Sheikh Muwafaq Tarif said in an interview in Washington, where he urged U.S. officials to prioritize protections for Syria’s 1.2 million Druse as part of their engagement with the country’s new government.In December,…
The Apple logo is imprinted on the window of an Apple store in Chicago on March 21, 2024.Scott Olson | Getty ImagesApple’s board of directors recommended investors vote against a shareholder proposal to abolish the company’s Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.The National Center for Public Policy, a conservative think tank, submitted a proposal that the company consider abolishing its “Inclusion & Diversity program, policies, department and goals.”The proposal cited recent Supreme Court decisions, and made the argument that DEI poses “litigation, reputational and financial risks to companies” and could make Apple…
After recent years of toxicity and tumult, the New England Patriots are turning to a decisive and confident former star player with a track record of getting the most out of his roster.The Patriots hired Mike Vrabel as their next head coach — the team announced Sunday — a less-than-shocking move that had been foreseen because of Vrabel’s impressive resume and connection to the franchise as the Pats struggled through a disappointing 4-13 campaign that led to Jerod Mayo’s firing after just one season. He’s back! Patriots Hall of Famer Mike Vrabel returns to New England as our 16th head…
Number of missing rises as Los Angeles fires continueFirefighters made some progress to contain the multiple wildfires across the city on Sunday as more desert winds arrived. The blazes have killed at least 16 people, and Sheriff Robert Luna of Los Angeles County said that the number of missing increased by the hour. Follow our live coverage here.Entire neighborhoods have been destroyed, and the kind of gusts that have propelled the fires were expected to return after a possible reprieve. Even as crews managed to stop the momentum of the large Palisades fire, fire risk remained high in the region.…
