Newly appointed France’s Prime Minister Michel Barnier arrives for the handover ceremony with outgoing Prime Minister Gabriel Attal at the Hotel Matignon in Paris, France, September 5, 2024. Sarah Meyssonnier | ReutersPrime Minister Michel Barnier announced steep public spending cuts and targeted tax hikes for France’s biggest companies and wealthiest individuals on Tuesday, saying there was no other way to narrow a gaping budget deficit.Barnier, appointed last month, faces the challenging task of plugging a huge hole in public finances at a time when the fragmentation of parliament and infighting in his minority government will make it hard to push through…
Author: usaeverydaylife
A girl hugging a young cattle at a breeding farm in Chongqing, China.Vcg | Visual China Group | Getty ImagesFed up with China’s employment situation, young people on the mainland are retreating to the countryside.China’s Gen Z and millennials are increasingly documenting their rural day-to-day “retirement” lives on social media after declaring that they got laid off, quit or are simply jobless. These self-identified “retirees,” who often state they were born in the 90’s or 00’s in their profiles, post their journeys online as they embark on extended career breaks or remain unemployed.Last year, a 22-year-old self-proclaimed retiree who goes…
On the morning of Sept. 23, UNLV starting quarterback Matthew Sluka walked into offensive coordinator Brennan Marion’s office before practice with a shocking announcement. Sluka, a Holy Cross graduate transfer in his first year at UNLV, said he had not received the name, image and likeness money his agent said he had been promised when Sluka committed to the program in January.If that wasn’t fixed, Sluka said, he was going to sit out the rest of the season to preserve his final year of eligibility.Sluka then went to head coach Barry Odom’s office to tell him the same thing. Odom…
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023.Fatemeh Bahrami | Anadolu | Getty ImagesOil watchers are now seeing a genuine threat to crude supplies after Iran launched a ballistic missile attack on Israel, escalating conflict in the Middle East.Iran on Tuesday launched the strike on Israel in retaliation for its recent killing of Hezbollah leader Hassan Nasrallah and an Iranian commander in Lebanon.Iranian oil infrastructure may soon become a target for…
As heightened tensions in the Middle East sent the major averages tumbling on Tuesday, CNBC’s Jim Cramer reminded investors about the market’s solid performance over the past quarter. He suggested the market has broadened considerably beyond Big Tech and reviewed the top performers on the S&P 500, saying the past three months saw “the revenge of the little guy companies.””The recent rally’s all about companies that you haven’t heard of,” Cramer said. “It is a remarkable list that represents a real broadening out of the winners. Some would say it’s a sign of where we’re headed. I might not go…
Lamar Jackson’s second prime-time quarterback showdown went much better than the first.The two-time MVP’s Baltimore Ravens drubbed Josh Allen and the Buffalo Bills, 35-10, on Sunday night. Jackson amassed three touchdowns but didn’t need to do it all himself, as the running back tandem of Derrick Henry and Justice Hill combined for 305 yards from scrimmage, and the defense delivered its most suffocating showing of the season.Unlike the Week 1 loss to the Kansas City Chiefs when Jackson had to do everything before running out of gas at the end, this victory showed the star quarterback’s true potential when he’s…
Aerial view of the capital city of Seoul in South Korea, seen at sunset.Tobiasjo | E+ | Getty ImagesSouth Korea’s factory activity contracted at the sharpest pace in 15 months in September as overseas demand slowed for the first time in the year, a private survey showed on Wednesday, suggesting a slow road to a full-blown economic recovery.The purchasing managers index for manufacturers in Asia’s fourth-largest economy, compiled by S&P Global, stood at 48.3 in September on a seasonally adjusted basis, down from 51.9 in August.The index fell below the 50-mark, which separates expansion from contraction, for the first time in five months…
Pedestrians walk past food stalls and shops in the Myeongdong shopping district of Seoul on March 26, 2024.Anthony Wallace | AFP | Getty ImagesSouth Korea’s consumer inflation cooled more than forecast in September and below the central bank’s target for the first time since early 2021, amid growing expectations of an imminent policy easing.The consumer price index rose 1.6% in September from a year earlier, after a rise of 1.9% in August, data from Statistics Korea showed on Wednesday.It was weaker than a median 1.9% increase tipped in a Reuters poll of economists and marked the weakest annual increase since February 2021.The reading…
Jonathan Raa | Nurphoto | Getty ImagesCryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months.The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around 4:45 p.m. Eastern time, bitcoin slid to as low as $60,175. Ether last traded at $2,449.83, down more than 5%.Stocks related to virtual currencies also tumbled in extended trading. Crypto exchange Coinbase dropped about 1% and bitcoin proxy MicroStrategy lost 2%, after closing lower by 7.4% and 3.5%, respectively.Stock Chart IconStock chart iconCrypto…
The Athletic has live coverage of the MLB Wild Card Series.You don’t need some pointy-headed baseball writer to tell you that the postseason can be unpredictable. The Arizona Diamondbacks won the pennant last year. Every generation gets their perfect example of a team that rides a wave all the way to the World Series, and the 84-win 2023 Diamondbacks are the best possible example.Unless the team that beat them in the World Series, the Texas Rangers, are an even better example. That team had a bullpen that could allow home runs on their off-days, and it was only getting worse when…
