U.S. President Donald Trump speaks to the media flanked by Tennessee Governor Bill Lee, as they arrive to assess recovery efforts and tour areas devastated by Hurricane Helene, at Asheville Regional Airport in Asheville, North Carolina, U.S., Jan. 24, 2025. Leah Millis | ReutersPresident Donald Trump on Friday said he plans to take executive action to overhaul — or possibly end — the Federal Emergency Management Agency, or FEMA, slamming the agency for its response to historic floods in North Carolina.”I think we’re going to recommend that FEMA go away,” Trump said at a briefing in Asheville, North Carolina, which was…
Author: usaeverydaylife
“No 7! No 7! Can we have your shirt please?”Those high-pitched cries felt like the soundtrack to the evening at a stadium on the outskirts of London on Saturday as a group of young children constantly pleaded with Arsenal’s right winger to hand over his jersey.The venue was Meadow Park, home of non-League Boreham Wood, and the player in question was Max Dowman.Playing three years above his age, Dowman was making his FA Youth Cup debut against Queens Park Rangers – a goalscoring debut, too. In September, he made his UEFA Youth League debut against Atalanta and, at the age…
Hamas said on Friday that it would release four female soldiers held hostage for over a year in Gaza, as part of a hostage-for-prisoner swap set to take place on Saturday, as Israelis and Palestinians anxiously await the next steps in the deal.In a statement, Hamas named the four women, who were abducted from a military base near Gaza during the Hamas-led attack on Oct. 7, 2023, that kicked off the war. Israel said mediators between the two sides had passed along a list of names of hostages slated for release on Saturday, without confirming their identities.Mediators hope that the…
As the artificial intelligence trade reignites, William Blair has its eyes set on a handful of stocks to play the trend. President Donald Trump unveiled Tuesday Stargate , an AI infrastructure project that hopes to tap as much as $500 billion in private investments. Oracle , OpenAI and Softbank are part of the venture, which will begin with an initial $100 billion investment that could be built upon over the next four years. The plans, which suggest more investments is yet to be made, underpinned a resurgence of AI stocks this week. Shares of Nvidia , which is often viewed…
Investors’ Super Bowl is next week when most of the AI-themed “Magnificent Seven” (Mag 7) companies deliver their highly anticipated Q4 earnings reports. These names pushed the S & P 500 to fifty-seven record all-time highs in 2024, and the benchmark index established another new all-time high this week. In the event future returns have been pulled forward for tech, I want to protect profits in the Mag 7 by hedging with the Vanguard Growth Index Fund ETF (VUG) . VUG .SPX 1Y mountain Vanguard Growth Index Fund vs. S & P 500, 1 year Over the 10-year period that…
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | ReutersMeta CEO Mark Zuckerberg on Friday announced the company plans to invest around $60 to $65 billion in capital expenditure in 2025 as it continues to build out its artificial intelligence infrastructure.Zuckerberg said 2025 will be “a defining year for AI” and that Meta is building a large datacenter that “would cover a significant part of Manhattan” to power its AI offerings. Additionally, Meta will bring on around 1 gigawatt in compute…
Baltimore Ravens tight end Mark Andrews took to Instagram on Thursday, breaking his silence following multiple fourth-quarter miscues — a lost fumble and dropped two-point conversion to tie the game — during the team’s 27-25 AFC divisional loss to the Buffalo Bills on Sunday.“It’s impossible to adequately express how I feel. I’m absolutely gutted by what happened on Sunday,” Andrews wrote. “I’m devastated for my teammates, my coaches and Ravens fans. I pour every ounce of my being into playing at the highest level possible, because I love my team and the game of football like nothing else. That is…
Russian President Vladimir Putin winks during his annual televised year-end press conference and phone-in held in Moscow, Russia December 19, 2024. Maxim Shemetov | ReutersRussian President Vladimir Putin said on Friday he was open to discussions with U.S. President Donald Trump on issues such as the Ukraine war and energy prices, and said it would be a good idea for the two of them to meet.But Putin told a Russian TV reporter that the question of negotiating with Ukraine was complicated by the fact that its president, Volodymyr Zelenskiy, had signed a decree preventing him from conducting talks with Putin.Putin described…
With its talent for streamlining operations, CACI International could be a key beneficiary the Department of Government Efficiency ‘s cost-cutting efforts, according to Bank of America. The firm reiterated its buy rating on the professional services stock on Friday, with a $625 price target, a forecast that implies more than 48% upside from Thursday’s $421.64 close. Analyst Mariana Perez Mora said the pick is somewhat contrarian given that investors see the company, which is involved in modernizing the federal government’s information technology systems, as a potential causality DOGE’s cuts. Instead, she argued that CACI will actually help simplify some of…
Avishek Das | Lightrocket | Getty ImagesAfter years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin — and was the latest in a string of actions taken by the new Trump administration to make it easier for U.S. companies and financial firms to deal in virtual, decentralized currencies.The guidance, known as Staff Accounting Bulletin 121, or SAB 121, was introduced in 2022 and…
