In a chilly auditorium in Afghanistan, heaps of freshly mined green emeralds glowed under bright table lamps as bearded gemstone dealers inspected them for purity and quality.An auctioneer asked for bids on the first lot, which weighed 256 carats. With that, the Taliban’s weekly gemstone auction was underway.These sales, in the emerald-rich Panjshir Province of eastern Afghanistan, are part of an effort by the Taliban government to cash in on the country’s vast mineral and gemstone potential.Since seizing power in August 2021, the Taliban say they have signed deals with scores of investors to mine gemstones, gold, copper, iron and…
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U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024.Brandon Bell | Via ReutersThe U.S. political landscape is set to undergo some shifts in 2025 — and those changes will have some major implications for the regulation of artificial intelligence.President-elect Donald Trump will be inaugurated on Jan. 20. Joining him in the White House will be a raft of top advisors from the world of business — including Elon Musk and Vivek Ramaswamy — who are expected to influence policy thinking around nascent…
The Jan. 6 riot, four years on. Source link
The outlook for equity markets this year looks uncertain, with one market strategist describing the new year as “stepping into a house of cards.” “The stock market may fluctuate in 2025, but significant opportunities will arise for those focused on individual stock picks,” Michele Schneider, chief market strategist at Marketgauge.com, noted. “The sell-off in December could impact near-term sentiment, but patience may be key to capitalizing on opportunities when the market resets in January,” she added in an outlook note. From beauty labels to electric vehicle companies, here are four stocks Schneider expects to beat the market this year. Ulta…
The Tennessee Titans have locked up the No. 1 pick in the 2025 NFL Draft — with an assist from the New England Patriots.The Patriots’ win over the Buffalo Bills, combined with the Titans’ loss to the Houston Texans, meant Tennessee moved up one spot in the draft order on the final day of the regular season. The Titans, who finished the season 3-14, have the No. 1 pick for the first time since they were the Houston Oilers in 1978.Tennessee was one of three teams to finish a league-worst 3-14, along with the Cleveland Browns and New York Giants.…
In his first term, Mr. Simitis set about curtailing Greece’s extravagant public and private spending and sought to prepare the economy to meet European Union targets for his country’s entry into the eurozone. He had succeeded in reducing inflation and public indebtedness while stabilizing the drachma currency.His cautious manner offered a marked contrast with the Papandreou years.“We needed someone who would say less and do more, a person who is an ordinary Greek, who doesn’t descend from on high, and who doesn’t hide problems with endless myths,” Dimitris Rappas, a government spokesman, told The New York Times in 1996.Mr. Simitis…
The days always start the same way. “So Jeff,” I say, “Time to buy more DuPont ? What do you think of the GE Healthcare here? Any reason to buy more Stanley Black & Decker ? Will Best Buy’s dividend yield support its weight while we wait for an AI personal computer worth buying?” Discussions with Jeff Marks, director of portfolio analysis for the CNBC Investing Club, that might as well be from yesterday or the day before that. What to do with the losers? They occupy too much of your brain — and if you aren’t careful, you might…
PITTSBURGH — To understand what unfolded Saturday night in the Pittsburgh Steelers’ regular-season finale at Acrisure Stadium, you have to start nearly 700 miles south and four months ago in Atlanta.In Week 1 against the Falcons, coach Mike Tomlin set the standard for the season when he passed up a chance to kick a field goal that could have extended Pittsburgh’s lead to eight points midway through the fourth quarter. Instead, he opted to go for it on fourth-and-1 from the 6-yard line. Stuffed for no gain, the Steelers turned the ball over on downs but still escaped with a…
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayRocky week of tradingU.S. stocks rose on Friday but still ended the week lower. The S&P 500 Energy sector bucked the trend, and is up more than…
The Prime Minister of Canada, Justin Trudeau, walks through the streets of the capital before attending the APEC CEO Summit, a business event held in parallel with the APEC Summit, on November 15, 2024, in Lima, Peru. Klebher Vasquez | Anadolu | Getty ImagesCanadian Prime Minister Justin Trudeau is expected to announce as early as Monday that he will resign as Liberal Party Leader, The Globe and Mail reported on Sunday, citing three sources.The sources told the Globe and Mail that they don’t know definitely when Trudeau will announce his plans to leave but said they expect it will happen before a key national caucus meeting…
