Putin appeared open to a cease-fire with UkrainePresident Vladimir Putin of Russia yesterday seemed to voice preliminary support for a cease-fire, but made it clear he was in no hurry. He said he wanted to continue negotiating with President Trump, but told reporters in Moscow that Russia was in favor of a 30-day truce — with numerous conditions.Among the questions he hopes to address, Putin said, is whether Kyiv would continue getting arms shipments during the truce, and how the cease-fire would be monitored and enforced. He said that Ukrainian forces occupying land in the Kursk region wouldn’t be allowed…
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Thursday marked yet another day of the broad market sell-off, and that could provide a buying opportunity for Novo Nordisk and Energy Transfer , according to Tim Seymour of Seymour Asset Management. The firm’s founder and chief investment officer appeared on CNBC’s ” Power Lunch ” on Thursday to share his bullish take on those stocks, as well as one investors should avoid. Here’s what Seymour had to say. Novo Nordisk Shares of global healthcare company Novo Nordisk have pulled back as of late, falling almost 14% in the past week, but Seymour believes it’s “very misunderstood.” “This is a…
Investors looking for a reprieve after a rough stretch for the stock market may end up glued to news out of Washington this weekend, where a potential government shutdown looms. The House of Representatives has passed a continuing resolution to fund the government through September, but its prospects are unclear in the Senate , where the vote-counting math is less favorable to Republicans. The deadline is midnight Friday, which means that the House bill is the only viable option to avoid a shutdown, according to Roman Schweizer, policy analyst at TD Cowen’s Washington Research Group. “The House of Representatives has…
Lars Joergen Kleist, wearing a Make America Great Again hat, queues to vote at the polling station in Nuuk on March 11, 2025, as Greenland, the autonomous Danish territory, holds legislative elections.Odd Andersen | Afp | Getty ImagesThe outgoing prime minister of Greenland blasted talk Thursday by President Donald Trump that the potential annexation of the massive Arctic island by the United States would happen.”The U.S. president has once again aired the thought of annexing us,” Prime Minister Mute Egede wrote in a Facebook post.”Don’t keep treating us with disrespect. Enough is enough,” Egede wrote.The prime minister wrote that he…
PORTLAND, Ore. — When the Portland Trail Blazers were in Utah on Feb. 24, there was a special meeting after the game. Danny Berger, a 34-year-old former basketball player at Utah State, reconnected with former NBA player and now Blazers assistant coach Ryan Gomes.They met years before in Connecticut at a charity golf tournament held by Gomes, but this meeting before the Jazz game carried some added perspective. In tow with Berger was his wife, Taylor, and two kids, 2 1/2-year-old son Logan and 3-month-old daughter Avery.If it wasn’t for Gomes, Danny Berger likely wouldn’t be here today. No reunion.…
A security guard walks past the U.S. Department of Education headquarters in Washington, D.C., March 12, 2025.Nathan Howard | ReutersA group of Democratic state attorneys general filed a lawsuit against the Trump administration Thursday over its moves to dismantle the U.S. Department of Education and its termination of nearly half the agency’s staff.Attorneys general from 20 states and the District of Columbia filed the legal challenge in response to the administration’s dismissal of more than 1,300 workers at the department.”The lay-offs are an effective dismantling of the Department,” the state AGs wrote.”[The] Department’s authority to administer [Reductions in Force] does…
Investors seeking solid dividend income as the S & P 500 continues its retreat from record highs may want to take a closer look at a few select real estate investment trusts. The real estate sector is little changed in 2025, beating the information technology and consumer discretionary sectors that are down by double digits. “I think real estate is showing up as a bright spot because the 10-year Treasury yield has come down,” Morningstar senior equity analyst Kevin Brown told CNBC. “When rates have come down, the real estate sector has outperformed. When they have gone up, the sector…
Watermelons from Mexico are displayed on a shelf at a Target store on March 5, 2025 in Novato, California.Justin Sullivan | Getty ImagesOn the surface, February’s inflation data released this week brought some encouraging news. But underneath, there were signs likely to keep the Federal Reserve on hold when it comes to interest rates.While the consumer and producer price indexes both were lower than anticipated, that won’t necessarily be reflected in the main measure the Fed uses to gauge inflation.Because of some byzantine math and trends in a few key areas beneath the headline readings, policymakers are unlikely to take…
Travellers process through a security checkpoint at Seattle-Tacoma International Airport before the Thanksgiving holiday in Seattle, Washington, U.S. November 24, 2021.Lindsey Wasson | ReutersUnions filed a lawsuit on Thursday seeking to block the Trump administration from ending collective bargaining for about 50,000 Transportation Security Administration officers that staff checkpoints at U.S. airports and other transportation hubs.The lawsuit in Seattle, Washington federal court claims the U.S. Department of Homeland Security canceled a bargaining agreement covering TSA officers as retaliation against unions for challenging other Trump administration initiatives.The lawsuit seeks to reinstate the seven-year agreement, which was enacted last year, and bar DHS from rescinding…
The NFL never sleeps, especially when it comes to the swirling tornado of activity otherwise known as free agency.Whom would the Las Vegas Raiders target as their next signal caller? Where would Sam Darnold land? And don’t forget the surprise contract extensions that pop up out of nowhere.But the past week also featured plenty of news beyond football, with the NBA and college basketball gearing up for their postseasons, the NHL digging into its trade deadline and so much more.Hopefully, you’ve been paying attention, because there was a lot to track, and much of it is featured in this week’s…
