Author: usaeverydaylife

CNBC’s Jim Cramer on Friday guided investors through next week on Wall Street, saying quarterly reports from Nvidia, Costco, Dell and Salesforce have the potential to move their respective sectors and the rest of the market.He also warned that stocks’ performance can depend on action from President Donald Trump.”We’re headed into a fickle week, one that will no doubt be punctuated with presidential postings about our trading partners, their intransigence, their negligence, their perfidiousness,” he said. “Of course, the market ultimately shrugged off the real negative postings from this morning and, instead, focused on the endless obsession, the ten-year, which was…

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A “Save Medicaid” sign is affixed to the podium for a House Democrats’ press event to oppose the Republicans’ budget, on the House steps of the Capitol, Feb. 25, 2024.Bill Clark | Cq-roll Call, Inc. | Getty ImagesHistoric spending cuts to Medicaid health coverage and to SNAP, formerly known as food stamps, are included in the budget package passed by the House of Representatives on Thursday.Now, it is up to the Senate to consider the changes — and to perhaps propose its own.As it stands, the legislation — called the “One Big Beautiful Bill Act” — would slash Medicaid spending…

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A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty ImagesAmazon’s Zoox robotaxi unit issued a voluntary recall of its software for the second time in a month following a recent crash in San Francisco.On May 8, an unoccupied Zoox robotaxi was turning at low speed when it was struck by an electric scooter rider after braking to yield at an intersection. The person on the scooter declined medical attention after sustaining minor injuries as a result of the collision, Zoox said.”The Zoox vehicle was stopped at the time…

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President Donald Trump’s latest tariff threat once again highlighted the challenge for investors eager to move on from a global trade war that can reassert itself at any moment. Stocks dropped Friday , after Trump in a Truth Social post said he would slap a 50% tariff on the European Union starting June 1, while separately warning Apple that it would have to start paying a 25% levy on iPhones not made in the U.S. The Dow Jones Industrial Average ended the day down by 256 points, or 0.6%; it tumbled as much as 505 points, or 1.2%, earlier in…

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Omar Marques | Lightrocket | Getty ImagesAnthropic on Thursday said it activated a tighter artificial intelligence control for Claude Opus 4, its latest AI model.The new AI Safety Level 3 (ASL-3) controls are to “limit the risk of Claude being misused specifically for the development or acquisition of chemical, biological, radiological, and nuclear (CBRN) weapons,” the company wrote in a blog post.The company, which is backed by Amazon, said it was taking the measures as a precaution and that the team had not yet determined if Opus 4 has crossed the benchmark that would require that protection.Anthropic announced Claude Opus…

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United Airline flight attendants picketed outside Terminal B at Logan Airport Thursday morning seeking a new contract.John Tlumacki | Boston Globe | Getty ImagesUnited Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union said Friday.The deal includes “40% of total economic improvements” in the first year and retroactive pay, a signing bonus, and quality of life improvements, like better scheduling and on-call time, the Association of Flight Attendants-CWA said.The union did not provide further details about the deal.United flight attendants have not had a raise since 2020.The cabin crew members voted last year to authorize…

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Crypto investor and $TRUMP token holder, Nicholas Pinto, attends gala dinner for contest winners.Nicholas PintoThe price of President Donald Trump’s meme coin plunged 16% as of Friday morning, just hours after he hosted a black-tie gala at his Virginia golf club for its biggest buyers — an elite crowd that spent a combined $148 million on the token for the chance to be there.It was billed as “the most exclusive invitation in the world.” Among the 220 attendees were crypto influencers, industry executives like Sandy Carter of Unstoppable Domains, and former NBA star Lamar Odom, who used the occasion to…

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