Australia’s Prime Minister Anthony Albanese holds his Medicare card as he speaks at a Labor party election night event, after local media projected the Labor Party’s victory, on the day of the Australian federal election, in Sydney, Australia, on May 3, 2025.Hollie Adams | ReutersAnthony Albanese claimed victory as the first Australian prime minister to clinch a second consecutive term in 21 years on Saturday and suggested his government had increased its majority by not modeling itself on U.S. President Donald Trump’s administration.”Australians have chosen to face global challenges the Australian way, looking after each other while building for the…
Author: usaeverydaylife
Being a parent has become an increasingly harder job, especially as anxiety levels keep rising, even among the youngest kids.As child and family therapists, over the years, we’ve worked with thousands of parents and children struggling with anxiety and stress. We get emails and calls from parents looking for guidance nearly every day.When a child experiences worry that won’t go away, parents feel overwhelmed and lost. They desperately want to make it better but don’t know how. The first step is to understand what those worries are.Here are the top six things kids worry about the most that many parents…
Several tech heavy hitters could see a pullback after this week’s runup, if this technical indicator is any guide. Stocks have made a strong comeback since President Donald Trump’s early April tariff announcements triggered a sell-off. The reversal began after a temporary reduction in tariff rates for most countries was put in place. However, a solid earnings season and better-than-expected jobs data has also revived sentiment. All three major averages ended Friday notching their second straight winning week . Results from Microsoft and Meta Platforms notably revived investor confidence in the artificial intelligence trade , as the tech giants continued…
OMAHA, Nebraska — Warren Buffett on Saturday criticized President Donald Trump’s hardline trade policy, without naming him directly, saying it’s a big mistake to slap punitive tariffs on the rest of the world.”Trade should not be a weapon,” Buffett said at Berkshire Hathaway’s annual shareholder meeting. “The United States won. I mean, we have become an incredibly important country, starting from nothing 250 years ago There’s not been anything like it.””It’s a big mistake, in my view, when you have seven and a half billion people that don’t like you very well, and you got 300 million that are crowing in…
U.S. President Donald Trump’s Truth post in papal attire.Courtesy: The White House via X, formerly TwitterThe White House posted an AI-generated photo of President Donald Trump depicted as the pope on Friday, days after he joked that he’d “like to be pope.”The image — which first appeared on Trump’s Truth Social account — comes as cardinals are set to convene on May 7 to begin the process for electing the next pope.Trump attended Pope Francis’ funeral in Rome last weekend, during which he also met with Ukrainian President Volodymyr Zelenskyy.On Tuesday, days after returning from Francis’ funeral, Trump joked to…
In the days surrounding Pope Francis’ death, Cardinal Pietro Parolin was everywhere.The No. 2 figure in the Vatican, he visited Francis in the hospital, and then helped seal the papal apartments after the pope died. He welcomed cardinals he knew from around the world to the pope’s funeral, talking to former President Joseph R. Biden Jr., President Volodymyr Zelensky of Ukraine and former Prime Minister Matteo Renzi of Italy. And leading up to the conclave to pick the next pope, he celebrated an outdoor Mass for tens of thousands of faithful on the steps of St. Peter’s Basilica.It seems that…
Despite simmering trade conflict between China and the U.S., Beijing is still an attractive market in which to invest, according to Ariel Investments emerging market equities portfolio manager Christine Phillpotts. “What’s important to note is that U.S. exports from China to the U.S. are less than 3% of Chinese GDP, they have massively declined over the last decade,” the money manager told CNBC’s Mike Santoli in an interview for CNBC Pro from Omaha on the sidelines of the Berkshire Hathaway annual shareholder meeting. “Although there will be an effect if those exports are reduced, it’s not going to be disastrous…
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan(Follow along with our full coverage of Berkshire Hathaway’s annual meeting here.)Warren Buffett’s Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in operating earnings from the year-earlier period. The conglomerate, which owns a vast array of insurance, transportation, energy, retail and other businesses also warned that tariffs may further hit profits.Operating earnings, which include the conglomerate’s fully owned insurance and railroad businesses, fell 14% to $9.641 billion during the first three months…
Attendees line up early, race for seatsAttendees line up for the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.Yun Li | CNBCShareholders began lining up in the early morning hours for a shot at the best seats in Omaha’s CHI Health Center.Attendees near the front told CNBC they gathered as early as 1 a.m. local time.As has become an unofficial tradition, participants could be seen sprinting to the frontmost seats on the arena floor around 7 a.m. CT. Buffett is set to take the stage around 8 a.m. ET.Attendees line up for the Berkshire Hathaway Annual…
FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Maxim Shemetov | ReutersEight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters, while an online meeting of the countries was underway.Last month, the eight countries made a larger-than-planned output hike for May, also of 411,000 bpd. Together with U.S. trade tariffs, the decision helped to drive oil prices…
