China’s Commerce Ministry called the U.S. tariff exemptions a “small step” and urged U.S. President Donald Trump to “completely abolish” the reciprocal tariffs, which include a 145% duty on imports from China.”We urge the U.S. to heed the rational voices of the international community and domestic parties, take a big stride in correcting its mistakes, completely abolish the wrongful action of ‘reciprocal tariffs,’ and return to the correct path of resolving differences through equal dialogue based on mutual respect,” the ministry said in an online statement, according to a CNBC translation.The ministry also said China is “evaluating the relevant impact”…
Author: usaeverydaylife
Pope Francis meets with people as he unexpectedly appears during the Palm Sunday Mass in Saint Peter’s Square at the Vatican, on April 13, 2025.Simone Risoluti | Via ReutersA convalescing Pope Francis greeted the crowd in St. Peter’s Square on Palm Sunday, wishing more than 20,000 faithful a “Happy Palm Sunday, Happy Holy Week,” in yet another reassuring public sign of his recovery from a life-threatening battle with double pneumonia.Many in the crowd reached out to touch Francis’ hand or garments as he was brought in a wheelchair down a ramp to the main altar, where he issued his brief…
Mr. al-Nasasra was part of a convoy of emergency crews sent by the Red Crescent and Gaza’s Civil Defense, another rescue service, to search for a Red Crescent ambulance that had disappeared earlier in the morning of March 23. Israeli forces had opened fire on that first ambulance, killing two members of its crew and detaining the third, Munther Abed, according to both the Israeli military and Mr. Abed, who was later released.When the rescue convoy arrived on the scene and paramedics got out to look at the first ambulance, Israeli soldiers began shooting again in a barrage that lasted…
Jordan Moon (left) and Macaulay Beasley (right) use OneCourt tablets at the Phoenix Suns vs. Minnesota Timberwolves game in Phoenix on March 2.Courtesy: Phoenix SunsDuring a break at the March 2 game between the NBA’s Phoenix Suns and Minnesota Timberwolves, a player made a half-court shot that had the crowd buzzing at PHX Arena. Normally, that’s something Jordan Moon would’ve missed; as a blind person, he’d have to ask somebody else what just happened.But while he didn’t see the shot, he could feel it. Moon was part of a group from Saavi Services for the Blind that was testing devices…
As investors ready for the latest earnings season to kick into high gear, Goldman Sachs has some names to watch. Earnings season began in earnest on Friday, with major banks including JPMorgan and Morgan Stanley offering results. The reporting period starts to pick up next week, with well-known stocks including Goldman Sachs , United Airlines and Netflix on the docket. What’s more, this earnings season ramps up at a volatile time on Wall Street following President Donald Trump’s chaotic tariff rollout. In fact, JPMorgan CEO Jamie Dimon told analysts on Friday that he expected corporate earnings estimates for S &…
Warren Buffett , who came into 2025 with the most cash he’s ever owned, is now presented with an ugly market meltdown and extreme volatility — an environment where he’s known to thrive. Buffett, the fabled father of value investing, has a long history of taking advantage of depressed periods to hunt bargains and put together prompt deals. Although Buffett is against timing the market and will admit he has no ability to predict short-term trends, his positioning ahead of the current market turmoil appears particularly prescient. Over the past year, Buffett had been aggressively offloading his two biggest equity holdings…
The Israeli military struck and destroyed part of a hospital in northern Gaza early on Sunday morning, shortly after telling patients and staff to evacuate the site. The attack came hours after the Israeli government announced that its troops fighting elsewhere in the territory had expanded their occupation of the southern Gaza Strip, severing links between two strategically located Palestinian cities.No one was killed in the attack on the Ahli Arab Hospital, but a child being treated for a head injury died because of the rushed evacuation, according to a statement released by the Anglican Church in Jerusalem, which oversees…
While U.S.-China trade tensions escalate , analysts predict a handful of Chinese companies could win out on Beijing’s efforts to double down on generative artificial intelligence. “We expect AI demand to stay strong as deepseek cost improvements have driven application development such that companies are seeing AI development as critical for growth and for competition,” Bernstein analyst Boris Van and a team said in an April 7 note. “We also expect the development for the AI+chip ecosystem to be a key push from the government to offset tariff impacts,” the analysts said. Chinese companies have rushed to try out DeepSeek’s…
The chaos around tariffs continues to rattle global stock markets, as fears of higher costs and concerns over a potential economic slowdown weigh on investor sentiment.However, the pullback in several stocks due to these ongoing challenges has created an opportunity to pick attractive stocks trading at compelling levels. Top Wall Street analysts can help identify stocks that could navigate short-term headwinds and deliver solid returns over the long term.With that in mind, here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.Affirm HoldingsWe start this week with Affirm…
The Magnificent Seven stocks — which have underperformed in 2025 after a two-year monster run — are starting to attract interest again now that they’re trading at or below valuations from before the unveiling of ChatGPT, which accelerated the AI boom. On a trailing 12-month basis, Amazon is trading at a 32 price-to-earnings ratio — well below the 86 it was at Nov. 30, 2022, when the release of OpenAI’s chatbot sparked a stock market rally. Nvidia, poster child for the ensuing AI rally, is now trading at a roughly 36 P/E, far below the 56 handle it was at…
