The far-right Freedom Party of Austria gained a realistic chance this weekend of leading the country’s next government, after talks between three mainstream parties collapsed.The Freedom Party’s ascent would put its firebrand leader, Herbert Kickl, into the position of chancellor and signal a new high-water mark for the rise of the far right in Europe.Austria’s president, Alexander Van der Bellen, was expected to give Mr. Kickl, whose party won the most seats in the national assembly in September elections, the task of forming a coalition when the two men meet on Monday. The meeting could be the first formal step…
Author: usaeverydaylife
Cleveland-Cliffs CEO Lourenco GoncalvesCNBCEven as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was also contending with headwinds from an unlikely source: the CEO of a rival bidder for the firm who repeatedly cast doubt on the deal’s prospects to investors.Lourenco Goncalves, CEO of steelmaker Cleveland-Cliffs, which made a failed $7 billion bid for U.S. Steel in August 2023, participated in at least nine calls assuring investors that President Joe Biden would scuttle the Nippon Steel merger months before he did so on Friday, according to summaries of investor calls…
How Trump redefined the Jan. 6 riot as “a day of love”Four years ago today, protesters stormed the Capitol with clubs, chemical irritants and other weapons, inflamed by Donald Trump’s lie that the election had been stolen from him.Several people died during and after the riot, including one protester by gunshot and four police officers by suicide. More than 140 officers were injured. After the attack, Trump’s political career seemed done. But in two weeks, he takes the oath of office.In the years since the riot, both he and his supporters have devoted considerable effort to reinventing the events of…
ormer UKIP leader Nigel Farage canvasses for votes for UKIP candidate Victoria Ayling ahead of the Sleaford and North Hykeham by-election on December 5, 2016 in Sleaford, England.Getty ImagesElon Musk said Nigel Farage should quit as leader of Britain’s right-wing Reform UK party in an abrupt withdrawal of support by the U.S. billionaire for the Brexit campaigner who is trying to shake up the British political establishment again.”The Reform Party needs a new leader. Farage doesn’t have what it takes,” Musk said on his social media platform X on Sunday, a few hours after Farage described him as a friend…
It was an abrupt turnabout, even for the easy-come, easy-go nature of alliances in President-elect Donald J. Trump’s political orbit.For weeks, Elon Musk, Mr. Trump’s billionaire backer, had wrapped his arms around the British populist politician, Nigel Farage, promoting his insurgent, anti-immigrant party, Reform U.K., as the answer to Britain’s problems.But on Sunday, Mr. Musk posted, “The Reform Party needs a new leader. Farage doesn’t have what it takes.”Mr. Musk did not explain his change of heart. But it appears linked to Mr. Farage’s refusal to endorse Mr. Musk’s demand that a far-right agitator, Tommy Robinson, be released from prison.…
As trade rumors have swirled over the last month, Jimmy Butler’s play has been a roller coaster.In his final two games before the Miami Heat suspended him for seven games for multiple instances of “conduct detrimental to the team,” Butler took just 11 total shots in 50 minutes and looked disengaged. But in the 11 games he played from Nov. 18 to Dec. 16, he averaged 22 points, seven rebounds and five assists while shooting 60 percent from the field, and the Heat went 8-3.Butler, when engaged, can still really play. What has been in question, however, is his ability to…
It’s officially the time of year when you get around to that thing you’ve been putting off. And for millions of Americans, that means coming to grips with their finances.If you’ve been avoiding funding your 401(k) or opening a brokerage account, you’re not alone. Nearly half of U.S. adults — 48% — report owning no investable assets, according to a 2024 survey from Janus Henderson.And for many, the reasoning behind the procrastination is simple: Investing is (seemingly) too complex.It’s a pattern of thinking that, if not overcome, could cripple many young people financially, says Amos Nadler, founder of Prof of Wall…
The bulls returned to Wall Street on Friday after a brief hiatus. In the week ahead, investors from all camps will focus on a series of labor market reports for clues on where the U.S. economy and stock market may go from here. The S & P 500 , Nasdaq Composite and Dow Jones Industrial Average are coming off a volatile, holiday-shortened trading week. Despite a big and broad rally in Friday’s session, the major stock benchmarks all posted weekly losses. The S & P 500 and Nasdaq both lost 0.5%, while the 30-stock Dow dropped 0.6%. The S &…
Former U.S. President and Republican presidential candidate Donald Trump and former first lady Melania Trump smile after speaking during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on Nov. 6, 2024.Jim Watson | AFP | Getty ImagesAmazon Prime Video announced Sunday that it is licensing a documentary film about once-and-future first lady Melania Trump.The movie, first reported by Fox News.com, came to light weeks after a Wall Street Journal report that Jeff Bezos, the founder and executive chairman of Amazon, planned to donate $1 million to the inaugural fund of President-elect…
The Baltimore Orioles began their offseason needing a front-of-the-rotation starter — either Corbin Burnes, whom they never appeared likely to re-sign, or a reasonable facsimile.Their response thus far?One-year contracts for a 35-year-old who was an ace in Japan, right-hander Tomoyuki Sugano, and a 41-year-old who is now a mid-rotation starter, righty Charlie Morton.According to a league source briefed on the club’s plans, the Orioles are still looking for additional upgrades in free agency and via trade. But their options, if they indeed intend to make further moves, are dwindling.The Sugano and Morton additions, combined with the signings of outfielder Tyler…
