U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty ImagesPresident Donald Trump is about to announce his biggest batch of tariffs yet. And while major details about them are shrouded in mystery, one thing is clear: Some trade partners are about to feel a lot more pain than others.Trump on Wednesday is set to unveil “reciprocal tariffs” against other countries that have their own duties…
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BIRMINGHAM, Ala. — When Dawn Staley drew up South Carolina’s final offensive possession, the goal was simple: Get the ball to Chloe Kitts.Kitts, the 6-foot-2 junior post, was South Carolina’s best offensive weapon in the fourth quarter. She scored eight of her 14 points in that quarter, but for her final two, she didn’t want the ball.After South Carolina left the huddle, Kitts turned to point guard Ta-hina Paopao and asked her, “Can you get the ball? Can you get the ball?” Paopao was taken aback and denied Kitts’ request.“Girl, what? Go get the ball,” she told her.Kitts got the…
Five senators who visited the U.S. base at Guantánamo Bay, Cuba, criticized the migrant mission there over the weekend as a waste of resources, after the Pentagon estimated that the operation had cost $40 million in its first month.The Senate delegation on Friday toured Immigration and Customs Enforcement facilities where about 85 migrants were being held, including in a prison that for years housed wartime detainees linked to Al Qaeda.The senators also spoke with officials from the Defense and Homeland Security Departments. About 1,000 government employees, mostly from the military, are staffing the migrant operation.The administration has sent fewer than…
In this rocky market, dividend stocks may look more appealing to investors. Volatility continued on Monday, with stocks falling ahead of the expected implementation of tariffs on Wednesday, in what President Donald Trump is calling “liberation day.” At one point, the S & P 500 touched its lowest level since September and fell into correction territory. It is now off session lows. Meanwhile, the latest CNBC Rapid Update survey shows that economists expect just 0.3% growth in gross domestic product compared with the 2.3% reported in the fourth quarter of 2024. Dividends make up a larger portion of total returns…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s show, crypto prices are mixed to begin the week. And, President Trump granted pardons to three co-founders and a former employee of the BitMEX crypto exchange, while Hut 8 announced Eric Trump and Donald Trump Jr. invested in a new bitcoin mining company called American Bitcoin, which is controlled by the crypto infrastructure firm. Plus, Paul Veradittakit, managing partner at Pantera Capital, and Amber International CEO Wayne Huo discuss the Hong Kong based company’s Nasdaq listing. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailThe ExchangeDavid Katz, Jefferies analyst, joins ‘The Exchange’ to discuss the winning sectors for the consumer trade-down and why he’s bullish on cruises.03:3133 minutes ago Source link
The GlobalFoundries semiconductor manufacturing facility in Malta, New York, on June 18, 2024.Cindy Schultz | Bloomberg | Getty ImagesU.S. semiconductor manufacturer GlobalFoundries is reportedly weighing a merger with Taiwan-based United Microelectronics.U.S. shares of United Microelectronics popped 13% on the news, while GlobalFoundries shares dipped about 1%. Nikkei reported the news, citing sources familiar with the deal.The merger would create a company based in the U.S with production capabilities in Asia, the U.S. and Europe, according to the report. The combined entity would aim to secure American access to mature chips amid potential risks from China competition and tensions between China…
Predictable. Compelling. Depressing. Exciting. Indicative of future tournaments that will lack the charm America has grown to love. Indicative of a weekend ahead that will thrill American basketball lovers.Take your pick and acknowledge two truths. One, the men’s NCAA Tournament Final Four will feature all No. 1 seeds for the first time since 2008 — also a San Antonio Final Four — and the second time since seeding began in 1979. Two, one of those No. 1 seeds is not like the others.We’re well past the stage of fretting about lost underdog stories. Check back next year as trends are…
Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention begins, in Milwaukee, Wisconsin, July 14, 2024.Joe Raedle | Getty Images News | Getty ImagesNewsmax went public on the New York Stock Exchange on Monday, as the conservative cable news network audience has grown after the election of President Donald Trump and other right-wing politicians.The network began trading under the symbol “NMAX” late Monday morning, opening at $14 a share after pricing at $10 a share. It soared more than 500% by midday in volatile trading.In September, Newsmax announced its…
Hedge funds are dumping stocks at a rapid pace as President Donald Trump’s aggressive tariff agenda spiked volatility on Wall Street. These professional traders have net sold global equities for six weeks in a row, with last week’s notional de-grossing amount reaching the largest level since July, according to data from Goldman Sachs’ prime brokerage unit. The cohort has been particularly fleeing high-flying technology names, offloading shares at the fastest pace in six months. The selling last week was also the second largest notionally in the last five years, Goldman’s data suggested. .SPX YTD mountain S & P 500 Bank of America…
