Prime Minister Justin Trudeau of Canada, who rose to power nearly a decade ago and quickly became seen as a progressive icon across the West, said on Monday that he would step down in the coming months, bowing to an angry electorate at a time of uncertain economic prospects and political infighting.The announcement, which came amid a gridlocked parliament, left Canada in political flux just as the incoming Trump administration has vowed a raft of punishing tariffs on Canadian imports.“It’s time for a reset,” Mr. Trudeau told reporters outside his residence on a frigid morning in Ottawa, the capital. Mr.…
Author: usaeverydaylife
Stocks could be in store for another banner year in 2025, according to Deutsche Bank. “As we look forward to 2025, we shouldn’t let a pessimism bias overtake us,” London-based strategist Henry Allen wrote on Monday. “Of course, random and unexpected shocks are likely to hit at several points. But the current market backdrop is an incredibly favourable one, meaning that 2025 is capable of being another strong year.” Factors that could contribute to another record run for equities include the lack of a looming economic downturn, a favorable soft landing environment when the Federal Reserve is cutting rates and…
Tom Vice, CEO of Sierra Space, talks to employees in front of the company’s Dream Chaser space plane on Oct. 30, 2023 in Louisville, Colorado.Helen H. Richardson | Denver Post | Getty ImagesSierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.In a statement, Sierra Space said Vice retired Dec. 31. Chairman Fatih Ozmen will serve as interim CEO, with Eren Ozmen as president.”After three and half years in the role, Tom Vice has retired as Sierra Space CEO as of the end of 2024 — we thank him for his leadership and wish him well in his retirement,” a Sierra Space spokesperson said…
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty ImagesThousands of flights were disrupted Monday as a winter storm moved eastward, snarling air travel in the eastern U.S.By 1:45 p.m. ET, more than 4,300 U.S. flights were delayed while another 1,880 were canceled, according to flight tracker FlightAware.The storm, which was moving from the Ohio Valley to the mid-Atlantic, was set to dump as much as a foot of snow in the Washington, D.C., area, though cold weather stretched through the…
Jay Grand noticed the hole immediately. As general manager of the Dedham, Mass., location of Play It Again Sports, the new and used sporting goods chain, part of Grand’s job is to identify such deficiencies when evaluating items submitted for resale.That said, the hole, located on the right palm of the Warrior AX1 Pro gloves, is hard to miss. It is as big as a silver dollar. There are also two smaller holes below the pointer and middle fingers.Holes are a red flag at Play It Again Sports. They’re like mold or missing snaps, buttons or zippers.As such, when shown…
Shoppers on Wicklow Street in Dublin, Ireland, on Thursday, March 28, 2024.Bloomberg | Bloomberg | Getty ImagesIreland recorded a budget surplus of around 7% of modified gross national income in 2024, mainly due to most of a 14 billion-euro ($14.5 billion) back tax bill paid by Apple flowing into the exchequer, the finance ministry said on Monday.Ireland had forecast a surplus of around one-third of that level before a European court order in September that Apple pay the back taxes due to unlawful past tax treatment pushed last year’s general government surplus to 21.9 billion euros.Ireland initially expected to draw…
RBC Capital Markets on Monday highlighted its top stock ideas for 2025, including an energy giant and a key financial company. The bank listed its top 30 stock picks for the new year. RBC said it sifts through companies with solid bottom-up fundamentals that can also capitalize on the current environment. Since its inception, the Top 30 has delivered a total compound annual return of 13.7% versus its benchmark MSCI World Index’s return of 11.2%, according to RBC. However, the basket underperformed for both the fourth quarter and full year in 2024, respectively returning negative 1% and 18.6% versus its…
Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing to sell him a stake.”It’s definitely something of interest,” said Manning, who spoke in a CNBC Sport interview. “There’s probably only one team I’d be interested in pursuing, and it’s the one I played for for 16 years, and it’s local, and makes the most sense, but we just got to figure out if they would ever sell a little bit.”The Mara family has owned the Giants since the team’s founding in 1925. The Giants declined to comment on Manning’s…
David Strauss, Barclays aerospace and defense analyst, joins ‘Power Lunch’ to discuss the keys to a Boeing turnaround and Barclays overweight call on the stock. Source link
A sweat-drenched Donovan Sanders returned to the bench for a timeout late in the first half, looked up at the scoreboard, and saw his team in a familiar position: Down by 18 points against BYU, its hopes of victory already dashed.“We just need an 8-0 run,” the Mississippi Valley State men’s basketball captain shouted, earnest in his belief that it could happen, not wanting to acknowledge the reality that it almost never does.MVSU is the country’s worst college basketball team. It’s a poor program financially, and plays nearly its entire nonconference schedule on the road, where the Delta Devils haven’t…
