The surprising election of the first American pope felt fraught and disorienting to Roman Catholics around the world, who had considered such an outcome unlikely and perhaps unwelcome — until Pope Leo XIV stepped onto the balcony of St. Peter’s Basilica and chose to speak a few sentences in Spanish.In an instant, the new pope, formerly Cardinal Robert Francis Prevost, signaled that his identity would defy easy categorization. He chose in that pivotal moment on Thursday evening not to say anything in English or mention the United States. He seemed intent on conveying the message that he was not a…
Author: usaeverydaylife
Not every day is a good day for Barbie, if prices for dolls in the U.S. keep rising amid President Donald Trump’s tariff policy announcements.A series of household items including leggings, Barbie dolls power drills and washing machines have increased in price since Trump initially announced a sweeping set of global tariffs on April 2, according to an industry note issued by the Telsey Advisory Group on Tuesday.Between April 16 and April 30, the price of a Target-exclusive Barbie doll increased by nearly 43% to $14.99, up from $10.49, Telsey reported. A Whirlpool washing machine at Lowe’s went up in…
Sensitive talks between U.S. and Chinese delegations over tariffs that threaten to upend the global economy ended after a day of prolonged negotiations and will resume Sunday, an official told The Associated Press.There was no immediate indication whether progress was made Saturday during the meeting over 10 hours between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.The official who spoke to the AP requested anonymity because of the sensitivity of the talks, which could help stabilize world markets roiled by the U.S.-China standoff. The talks have been shrouded in secrecy and neither side made comments to reporters on…
Mayor Ras Baraka of Newark in handcuffs outside Delaney Hall detention facility in Newark, NJ on May 9, 2025.Courtesy: Newark Mayor’s OfficeThe Trump administration suggested Saturday that New Jersey Democratic lawmakers involved in a clash a day earlier with authorities at a federal immigration detention center that led to the arrest of Newark Mayor Ras Baraka also could face criminal charges.”There will likely be more arrests coming,” Department of Homeland Security spokesperson Tricia McLaughlin told CNN in an interview on Saturday.”We actually have body camera footage of some of these members of Congress assaulting these ICE enforcement officers, including body slamming a…
The spark for the latest conflict between India and Pakistan, the most expansive fighting between the two countries in decades, was a terrorist attack on civilians in Kashmir last month.The Indian government had been projecting calm on its side of the disputed Kashmir region. A group of militants managed to puncture that image. They came out of the woods in a scenic picnic spot and killed 26 men. The men, almost all of them Hindu, were singled out for their religion, and many of them were killed in front of their wives and families, according to witness accounts.A little-known group…
Many people tried to predict who the new pope would be, even putting money on it. Few expected him to be an American from Chicago.Bettors poured more than $40 million into the most recent papal conclave, on just two prediction market platforms: over $30 million on Polymarket, according to its website, and over $10.6 million on Kalshi, says a company spokesperson.Going into the conclave, the new Pope Leo XIV — formerly Cardinal Robert Prevost — had odds of less than 1%, according to Kalshi’s website. Of the over 33,000 conclave trades placed on Kalshi, just 416 trades totaling to nearly…
Colby Grey, 24, grew up in a very rural and conservative community in San Luis Obispo, California. It wasn’t until moving two hours away to attend the University of California, Santa Cruz, that he traveled that far for the first time.It was the beginning of a new life for Grey — he just didn’t know it yet.”Not many people in my town had passports. You didn’t really travel much and you didn’t go to school very far either,” Grey tells CNBC Make It. “I was one of the ones that went further and then when I studied abroad, I was…
U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025.Leah Millis | ReutersAs negotiations ramp up for President Donald Trump’s tax agenda, there are key issues to watch, according to policy experts. The House Ways and Means Committee, which oversees taxes, released a preliminary partial text of its portion of the bill on Friday evening. However, the bill could change significantly before the final vote. The full committee will debate and advance this legislation on Tuesday.With control of the White House and both chambers of Congress, Republican…
Four days of drone volleys and missile strikes between India and Pakistan, the most intense fighting between the nuclear-armed rivals in decades, ended on Saturday when both countries agreed to a cease-fire, according to Indian, Pakistani and U.S. officials.President Trump announced the cease-fire on his social media site, and said it had been mediated by the United States. Indian and Pakistani officials confirmed the cease-fire, though only Pakistan quickly acknowledged an American role.“Pakistan appreciates the United States for facilitating this outcome, which we have accepted in the interest of regional peace and stability,” Prime Minister Shehbaz Sharif of Pakistan said…
Bitcoin’s milestone week comes as new crypto exchange-traded funds are hitting the market.Investor and best-selling personal finance author Ric Edelman thinks the rollout gives investors more access to upside.He finds buffer ETFs and yield ETFs particularly exciting.”You can now invest in bitcoin ETFs that protect you against the downside volatility while preserving your ability to enjoy the upside profits,” Edelman told CNBC’s “ETF Edge” this week.” You can generate massive amounts of yield, much more than you can in the stock market.”Edelman is the founder of the Digital Assets Council of Financial Professionals, which educates financial advisors on cryptocurrencies. He…
