Under President Trump’s plan, the United States would govern Gaza and expel its residents. Under the Arab plan, Gaza would be run by Palestinian technocrats within a wider Palestinian state. By one Israeli proposal, Israel would cede some control to Palestinians but block Palestinian statehood. By another, Israel would occupy the entire territory.Since the opening weeks of the war in Gaza, politicians, diplomats and analysts have made scores of proposals for how it might end, and who should subsequently govern the territory. Those proposals grew in number and relevance after the sealing of a cease-fire in January, increasing the need…
Author: usaeverydaylife
More names on Wall Street are souring on Tesla as the electric vehicle maker’s losses continue to pile. UBS and Redburn Atlantic reiterated their sell ratings on Tesla ahead of the company’s April delivery report and first-quarter results, citing sluggish Model Y delivery forecasts and a lack of near-term growth catalysts. UBS slashed its price target by $24 to $225, which suggests 14% potential downside ahead for Tesla, while Redburn’s significantly more bearish $160 price target suggests the stock can fall more than 39%. “We foresee another year of stalled volumes without an imminent new vehicle launch,” Redburn analyst Adrian…
(Editor’s note: This article is part of the Bracket Central series, an inside look at the run-up to the men’s & women’s NCAA Tournaments, along with analysis and picks during the tournaments.)Drake’s in, so we can dispense with the arguments about whether Ben McCollum’s Bulldogs would have made the field of 68 without winning the Missouri Valley tourney (they probably wouldn’t have), save follow-up discussions about the plight of the mid-major and tournament expansion for another day and simply appreciate the fact that this tournament is better with Drake in it.Lipscomb’s in, too. And High Point. And SIU-Edwardsville. And Omaha. With the Sun…
Volkswagen ID.7 electric cars are seen at the Volkswagen (VW) electric fleet lead plant in Emden, Germany, Feb. 18, 2025. Carmen Jaspersen | ReutersAutomakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S. President Donald Trump’s newly rolled out 25% tariffs, while BMW says it will face levies, as European car manufacturers grapple with new trade rules.The newly returned White House leader has long been threatening to slap tariffs on major U.S. trading partners, including Canada, Mexico and the EU. Last week, new duties on goods from Mexico, Canada and China came into…
(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors focused on the possibility of a recession are looking at divided-focused investments and protection for inflation with “TIPS” bonds. Also former Fed Official Loretta Mester gives her view on Jerome Powell’s comments from Friday and how the central bank should respond to recession concerns. Pick: ProShares Dividend Aristocrats ETF (NOBL) Simeon Hyman of Proshares sees opportunities in the dividend focused ETF as market volatility continues to rattle investors. “While their prices have…
HOUSTON — Energy Secretary Chris Wright slammed the Biden administration’s climate policies on Monday, vowing to support natural gas production.”The Trump administration will end the Biden administration’s irrational, quasi-religious policies on climate change that imposed endless sacrifices on our citizens,” Wright said at the CERAWeek by S&P Global energy conference. The energy secretary dismissed the previous administration’s focus on climate as “myopic.”Natural gas is responsible for 43% of U.S. electricity production. There “is simply no physical way that wind, solar and batteries could replace the myriad uses of natural gas,” Wright said.The energy secretary rejected accusations that he is climate…
A satellite dish in a ground network of satellites at Eutelsat’s Madeira office. Photographer: /Bloomberg via Getty ImagesZed Jameson | Bloomberg via Getty ImagesShares of French satellite operator Eutelsat skyrocketed almost 390% last week — and a potential change of tack in European defense has been helping the rally.The firm’s stock price saw wildly volatile moves last week, up by as much as 77% on Tuesday and by another 120% on Wednesday. From its closing price on Feb. 28 to last Friday’s close, shares have risen an eyewatering 387%.Eutelsat’s shares continued to climb on Monday, jumping more than 22% as…
An oil tanker and a container ship collided off the northeastern coast of England, according to emergency responders, who scrambled to the scene on Monday morning. Initial images shared by the BBC showed fire and thick black smoke rising from the ships.The British coast guard said it was “coordinating the emergency response to reports of a collision between a tanker and cargo vessel off the coast of East Yorkshire,” and that an alarm was first raised at 9:48 a.m. local time.Rescue helicopters were in the area, and lifeboats were deployed from a number of stations along the coast, as well…
Check out the companies making headlines in premarket trading. Bank stocks — Shares of major banks were under pressure Monday as worries over a possible U.S. economic slowdown weighed on them. JPMorgan Chase dropped more than 1% along with Citigroup , Wells Fargo , Bank of America , Morgan Stanley and Goldman Sachs . DoorDash , Coinbase — DoorDash added 3% on news that the food delivery company will join the S & P 500 effective March 24. Coinbase, meanwhile, shed 5% after being snubbed for inclusion in the index. Samsara — The software stock added 1.6% following an upgrade…
The S & P 500 is coming off its worst week of the year, and chart analyst Katie Stockton sees even more pain ahead. Fairlead Strategies’ founder told CNBC’s ” Squawk Box ” she sees the S & P 500 falling to around 5,300 before regaining its footing. That’s 8.1% below Friday’s close of 5,770.20. “We have very weak momentum, and it’s evident behind the market. And if you take a step back and look at the major indexes, they look like a double-top formation in the shape of an M, and that’s not a good sign,” Stockton said. The…
