Coming into the new presidency the playbook for traders was obvious. Bet it all on a core of America First-linked champions, from Tesla Inc. and crypto to smaller companies. Turns out, amid spiraling policy shifts and worsening economic data, whittling yourself down to just a few bold calls has been one of the worst things…
More than 50 of the new entities added to the list are based in China, with others located in Iran, Taiwan, Pakistan, South Africa, and the United Arab Emirates. BIS says the restrictions have been applied to entities that acted “contrary to US national security and foreign policy,” and are intended to hinder China’s ability…
Both the protests and the market fallout could have been worse, Deutsche Bank strategist Jim Reid said in a note to clients on Monday. “The fact that he wasn’t charged with terrorism means the news isn’t as extreme as it could have been,” he argued, noting that “such a move would have led to the…
More than 400 members of the entertainment industry have signed a letter pushing back on OpenAI and Google’s proposal to allow AI models to train on copyrighted content, as reported earlier by Variety. The letter claims both companies “are arguing for a special government exemption” that would allow them to “freely exploit” creative industries. The…
Reform is set to take control of Doncaster, where Energy Security Ed Miliband is an MP, from Labour at the local elections in May, according to a recent poll. The poll, conducted by Electoral Calculus for The Telegraph, predicts that Reform will take control of eight councils in less than seven weeks’ time, with the Conservatives…
Trump looking at tariffs on semiconductors, drugs, steel US President Donald Trump said he is considering potential tariffs on semiconductors, pharmaceuticals and steel at the House Republican Conference at Trump National Doral in Miami, Florida. Bloomberg As President Donald Trump on Thursday contemplated extending a global trade war to imports from Europe, the health-care industry…
Candidate Donald Trump promised an economic renaissance. President Donald Trump is delivering economic turmoil. The US stock market, once the only measure of economic performance that the president cared about, has seen a significant selloff amid fears of an impending recession — and the US is underperforming relative to its global peers. Other indicators look…
Donald Trump has a gift for inheriting valuable things. And the economy of January 2025 was no exception. When the president took office, stock values were hitting record highs, unemployment was hovering near historic lows, and consumer confidence was stable. Wall Street expected that business conditions would only improve. Among investors, conventional wisdom held that…
Kentucky schools are getting support to keep students off their cellphones while in the classroom.The House unanimously passed House Bill 208, which would require all school districts to adopt a policy that prohibits cellphone use during class, with some exceptions.”We need to get our kids off their phones and into the classroom and fully engaged,”…
While Meta, Snap, and X issued a joint statement praising the Utah bill’s passage, Google calls it “concerning.” Rather than protect kids and give parents more control, Google director of public policy Kareem Ghanem writes, the legislation “requires app stores to share if a user is a kid or teenager with all app developers (effectively…