U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. leaves the stage after discussing the findings of the Centers for Disease Control and Prevention’s (CDC) latest Autism and Developmental Disabilities Monitoring (ADDM) Network survey, at the Department of Health and Human Services in Washington, D.C., U.S., April 16, 2025. Elizabeth Frantz | ReutersSeveral leading medical organizations on Monday filed a suit against the U.S. Department of Health and Human Services and its Secretary Robert F. Kennedy Jr., arguing that current policies on COVID-19 vaccine pose an imminent threat to public health.The plaintiffs, including the American Academy of Pediatrics, American College of Physicians, American Public…
Author: usaeverydaylife
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021.CNBCBlock CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works entirely over Bluetooth mesh networks, with no internet, central servers, phone numbers or emails required.The Twitter co-founder announced Sunday that the beta version is live on TestFlight, with a full white paper available on GitHub.In a post on X Sunday Dorsey called it a personal experiment in…
BlackRock’s new acquisition pushes the asset manager one step deeper into private markets. The news The asset management giant on Monday announced an agreement to buy ElmTree Funds, a real estate investment firm that manages roughly $7.3 billion in assets. ElmTree, which leases commercial properties to single-tenant renters, will be integrated into BlackRock’s new group called Private Financing Solutions. The PFS unit is home to private credit manager HPS Investment Partners, which officially became part of BlackRock last week following the closure of the $12 billion acquisition . “Our specialized bricks-and-mortar expertise will be augmented by HPS’s ability to provide…
Disruptive space and defense tech company Voyager Technologies has quickly captured the eye of several Wall Street firms. Analysts from big-name firms, such JPMorgan and Morgan Stanley, initiated coverage of the stock this week with bullish ratings and price targets that suggest substantial upside ahead for the newly public company. Voyager is a risky but fruitful investment into a huge growth market, according to many analysts, who are counting on the company’s Starlab commercial space station as the ultimate upside opportunity for the firm. Voyager owns 67% of the Starlab joint venture, which is planned to replace the International Space…
U.S. President Donald Trump walks after disembarking Marine One as he arrives at the White House in Washington, D.C., U.S., July 6, 2025. Ken Cedeno | ReutersThe United States will impose 25% blanket tariffs on imports from Japan and South Korea starting Aug. 1, President Donald Trump revealed Monday.Trump, in a pair of Truth Social posts, shared screenshots of letters apparently sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae-myung dictating the new tariff rates.Zoom In IconArrows pointing outwardsU.S. President, Donald Trump’s letter to President of the Republic of Korea.Donald Trump via Truth SocialZoom In IconArrows…
White House trade advisor Peter Navarro chastised Apple CEO Tim Cook on Monday over the company’s response to pressure from the Trump administration to make more of its products outside of China.”Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of China,” Navarro said in an interview on CNBC’s “Squawk on the Street.” “I mean it’s the longest-running soap opera in Silicon Valley.”CNBC has reached out to Apple for comment on Navarro’s criticism.President Donald Trump has in recent months ramped up demands for Apple to move production…
Avishek Das | SOPA Images | Lightrocket | Getty ImagesLithuania’s central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week.”We have contacted Robinhood and are awaiting clarifications regarding the structure of OpenAI and SpaceX stock tokens as well as the related consumer communication,” Bank of Lithuania spokesman Giedrius Šniukas told CNBC via email.”Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments. The information for investors must be provided in clear, fair, and non-misleading language.”The Bank…
Treasury Secretary Scott Bessent on Monday said the Trump administration will make “several” trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting.Speaking on CNBC’s “Squawk Box,” Bessent also declined, yet again, to rule out the possibility that he could serve as the next chair of the U.S. Federal Reserve, if President Donald Trump asks him to.Bessent said foreign trade officials are rushing to make deals with the United States before July 9, when high tariff rates on dozens of countries’ goods are set to snap back into effect.”We’ve had a…
Stocks such as Cisco Systems and Levi Strauss could outperform in the new quarter, according to Bank of America. The first half of the year was mired with elevated volatility as President Donald Trump’s administration introduced sweeping global tariffs. Stocks have recovered from their April lows — with the S & P 500 notching a new record close on Thursday — but could see more downside going forward, according to Bank of America. Bank strategist Savita Subramanian’s updated year-end forecast for the S & P 500 sits at 5,600, or roughly 11% below the benchmark’s Thursday closing level. Bank of…
Energy companies have always held a special place for me because one of the first products I traded when I first entered the business in the mid-1990s was options on the Philadelphia Oil Services Index and its associated constituents. Some of the names in the index have changed since then, but Schlumberger remains the largest. A leading oilfield services company, Schlumberger faces a complex landscape in 2025. Ultimately, its economic fortunes rise and fall with the tide of oil prices. Lately, that tide has been going out. Despite tariff uncertainties, the International Energy Agency sees global oil demand growing modestly…
