A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022.Source: NYSEStock futures fell in morning trading Thursday as the market is set to give back some of the gains during the holiday week.Futures on the Dow Jones Industrial Average fell 150 points. S&P 500 futures dipped 0.3% and Nasdaq 100 futures declined 0.3%. The market was closed on Wednesday for Christmas Day.The major averages could see their first down day this week after back-to-back gains. So far, the S&P 500 is up 1.8% this week, while the Dow has gained about 1%. The strong…
Author: usaeverydaylife
Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024.Clive Brunskill | Getty ImagesIt’s been a good year for Larry Ellison.Oracle’s co-founder has gained roughly $75 billion in paper wealth as the software company he started in 1979 enjoyed its biggest stock rally since 1999 and the dot-com boom.While the S&P 500 index has gained 27% in 2024, Oracle shares have shot up 63%, lifting Ellison’s net worth to over $217 billion,…
U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024. Cheney Orr | ReutersPresident-elect Donald Trump took aim at Canada, Greenland and the Panama Canal in a series of Christmas Day social media posts that suggested the United States could take control of all three.Writing on his Truth Social platform, Trump kicked off the lengthy posts by wishing a merry Christmas to all, “including to the wonderful soldiers of China, who are lovingly, but illegally, operating the Panama Canal.”He referred to the American lives lost during the canal’s construction more than 100 years ago and added that the…
Densely built residential apartment developments near the Kangbashi New District of Ordos City, Inner Mongolia, China, on Aug. 16, 2011.Qilai Shen | Corbis Historical | Getty ImagesThe World Bank raised on Thursday its forecast for China’s economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year.The world’s second-biggest economy has struggled this year, mainly due to a property crisis and tepid domestic demand. An expected hike in U.S. tariffs on its goods when U.S. President-elect Donald Trump takes office in January may also hit growth.”Addressing challenges in…
Pope Francis delivers his Christmas Urbi Et Orbi Blessing and his traditional Christmas Day message from the central balcony overlooking St. Peter’s Square on December 25, 2024 in Vatican City, Vatican.Vatican Pool | Getty Images News | Getty ImagesPope Francis in his Christmas message on Wednesday called for talks between Ukraine and Russia to end the war that followed Moscow’s full-scale invasion two years ago and has killed tens of thousands.In his Christmas Day “Urbi et Orbi” (to the city and world) address, Francis mentioned the Ukraine conflict directly and called for “the boldness needed to open the door to…
Pedestrians walk past the Finance Ministry building in Tokyo March 13, 2009.Toru Hanai | ReutersJapan’s government is set to compile a record $735 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world’s heaviest debt, a draft seen by Reuters showed.The 115.5 trillion yen draft budget is being compiled as the Bank of Japan shifts away from its decade-long stimulus program, putting more burden on the government to stimulate the economy.In an attempt to improve public finances, however, the government plans to trim new bond issuance next fiscal year to 28.6 trillion yen from this…
This aerial picture shows flooded streets and buildings in Thai Nguyen on September 10, 2024, a few days after Super Typhoon Yagi hit northern Vietnam.Xuan Quang | Afp | Getty ImagesCurtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of advisory firm RiverPeak Group. Jose B. Collazo is an analyst focusing on the Indo-Pacific region. Follow them on X at @CurtisSChin and @JoseBCollazo.Like the year before, 2024 seemingly offered up little to celebrate for many across the vast Indo-Pacific region. Amid uncertain economies and enduring geographic tensions, however, there was still hope and joy to be found. Who…
People standing outside astore at Pitt Street Mall in Sydney, New South Wales, Australia, on Boxing Day. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets opened higher Thursday, with several markets remaining closed for Boxing Day.Japan’s Nikkei 225 rose 0.37%, while the Topix added 0.49%. South Korea’s Kospi inched up 0.12% while the Kosdaq rose 0.48%.Australia, New Zealand and Hong Kong markets were closed for the Boxing Day holiday.Traders in Asia will be looking at November manufacturing output data coming out of Singapore later in the day.Overnight in the U.S., markets were closed for Christmas. Stocks jumped Tuesday on Christmas Eve as…
I work shifts, four days on four days off, as a firefighter. This gives me a huge advantage in terms of time I have with my daughter.Together, we’ve attended play dates, and craft and toy sharing sessions — and despite online portrayals of a more equal world, I am usually the only dad present.Maybe that’s why when my daughter started school, I felt like I was suffering from a mild form of empty nest syndrome. I wanted to nurture our bond, so I decided to plan a trip — for just the two of us. We’re English, so I thought…
SAN FRANCISCO — Andrew Wiggins has always been the quiet one in the Golden State Warriors mix of stars, content with chilling in the background while the big personalities and loud voices hoard all the attention. The stage of personality, with its burdens, isn’t worth mounting.He would sit back and smile, shaking his head as Draymond Green talked his talk, laughing uncontrollably as Steph Curry danced his dance. And when the festivities were done, win or lose, Wiggins would scoop up his young daughters and head home to be with his family, like his father taught him to do.But over the…
