Author: usaeverydaylife

People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024.Daniel Ceng | Anadolu | Getty ImagesAsia-Pacific markets climbed Thursday, after U.S. markets soared on the back of an unexpected decline in core inflation numbers in December and strong bank earnings.Investors in Asia await the Bank of Korea’s rate decision later in the day, with economists polled by Reuters expecting the BOK to cut its policy rate by 25 basis…

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Edison International shares are now pricing in the worst-possible scenario when it comes to impact from the ongoing Los Angeles wildfires, according to investment bank Ladenburg Thalmann. Analyst Paul Fremont upgraded shares of the Southern California utility provider to neutral from sell. But Fremont cut his price target by $4.50 to $56.50, reflecting further downside of 3.3% from Tuesday’s close. Fremont’s upgrade comes as traders have dumped Edison stock in the wake of the deadly fires in the Los Angeles area. Shares have tumbled more than 22% in the new trading year, making it the worst performer in the entire…

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John Deere booth signage is displayed at CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada.David Becker | Getty ImagesThe Federal Trade Commission has sued agricultural equipment giant Deere & Company, arguing it holds a monopoly on repair services that raises costs and creates delays for farmers, the agency announced Wednesday.The lawsuit alleges Deere has for decades hindered customers’ ability to repair their equipment, including tractors and combines, forcing them to rely on the company’s network of authorized repair providers. A Deere software tool called “Service ADVISOR,” which is only available to more…

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ALLEN PARK, Mich. — Dan Campbell slammed his coffee down, startling everyone on the video call:“I WANT THIS JOB.”There were seven head-coaching vacancies in the winter of 2021, and only one team was crazy enough to call Campbell.Only Campbell was crazy enough to think he could save the Detroit Lions.So what if he was a bit … excitable? An NFL tight end for a decade, then an assistant coach for another, Campbell was a throwback in a league where the brainy offensive whiz had become all the rage. Coaches were supposed to mumble clichés in front of the media and…

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The Canadian government is preparing billions of dollars in retaliatory measures on U.S. exports to Canada if President-elect Donald J. Trump makes good on a threat to impose tariffs on Canadian goods, setting up a potential showdown between two countries that are each other’s largest trading partners. Canada is assembling a list of measures, including tariffs on U.S. exports to Canada and levies or other restrictions on key Canadian exports to the United States, if Mr. Trump imposes a sweeping 25 percent tariff on Canadian goods.But the government made clear that it will wait to see what Mr. Trump might…

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Nate Anderson on January 6, 2023 in New York. Anderson exposes corporate fraud and ponzi schemes through his company Hindenburg Research.The Washington Post | The Washington Post | Getty ImagesHindenburg Research, an upstart research and investment firm that made a name for itself with several successful short bets, is closing, founder Nate Anderson announced Wednesday.”As I’ve shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research. The plan has been to wind up after we finished the pipeline of ideas we were working on. And as of the last Ponzi…

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Traders work on the floor of the New York Stock Exchange on Jan. 15, 2025 in New York City. David Dee Delgado | Getty ImagesU.S. stock futures are little changed Wednesday night after the S&P 500 posted its best day since November, on the back of a tame inflation report and blowout bank results. Traders are also looking ahead to more big bank earnings.Dow Jones Industrial Average futures added 26 points, or 0.06%. S&P 500 futures rose 0.03%, while Nasdaq 100 futures dipped 0.01%.The 30-stock Dow surged more than 700 points, or 1.65%, while the S&P 500 rallied 1.83%. The Nasdaq…

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There are still plenty of unknowns at this point in the NFL calendar, including multiple teams with head coach, general manager and coordinator openings yet to be filled. Between those soon-to-be hires and the impending roster upheaval that’ll happen in free agency, team needs will fluctuate over the next three months.What do we know at this point? We know the draft order for the first 24 picks. We know almost all of the underclassmen who have officially joined this draft class (players in the College Football Playoff championship have until Jan. 24 to declare). And we know that quarterback questions…

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