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HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $15 billion.
Cryptocurrency bettors on Polymarket were growing confident that the U.S. would take military action against Iran as President Donald Trump demanded "unconditional surrender."What happened: The odds for the betting contract titled "US military action against Iran before July?" jumped from 48% to 66% in the last 24 hours.About $10.8 million has been wagered on the outcome, making it one of the hottest bets on the Polygon (CRYPTO: POL)-based decentralized prediction market. The market would resolve to “Yes” if the U.S. initiates a military action on Iranian soil, airspace, or maritime territory, or against ...Full story available on Benzinga.com
Gold vs The Dollar: The Death Of Fiat In One Chart Earlier today we reported that the latest BofA Fund Manager Survey confirmed what most already knew: that the shoeshine boy, the kitchen sink, and the basement-dwelling daytrader, not to mention everyone on Wall Street, were short the dollar. In fact, according to the FMS respondents, professional traders were effectively shorting the dollar in record amounts. But while we will leave aside the debate whether this record dollar short will transform into a record squeeze, another question is just as appropriate: is the decline and fall of the US dollar just a one-time flash in the pan, or is there something much more ominous here than meets the eye.The answer, it turns out, is the latter: the decline of the dollar has been truly a secular development, one which started over a decade ago but was kicked into higher gear in the aftermath of the 2022 Ukraine war when the weaponization of the US Dollar sparked a flight away from the greenback - i.e., dedollarization - by any regime that was worried it may be on the receiving end of SWIFT sanctions. But what is perhaps far more notable is that as Socgen shows, since 2024, dedollarization has not benefited any of the major reserve currencies as one would expect in a fiat world where one currency's loss is another currency's gain. Instead, the share of gold in the IMF's classification has increased.As the French bank goes on to note, the erosion of the dollar's share in global FX reserves, or de-dollarization, paused during the COVID crisis in 2020 but resumed in the second half of 2023. Since 3Q23, the share of USD FX reserves has fallen below 50%, representing a decline of -5.8%. The main beneficiary has been gold, which increased by +7.9% to 23.3%, reflecting how central banks are diversifying their dollar holdings...... although one look at the price of gold would have been sufficient.Perhaps the most surprising outcome of the dedollarization process is that process it has not benefited any of the major reserve currencies; indeed, the share of EUR, GBP, CNY and JPY has been declining too.Meanwhile, despite the laughable attempts of ECB head Christine Lagarde to paint the Eurozone and the euro as somehow more stable than the world's reserve currency - when just over a decade ago the euro was hours away from disintegration and only Mario Draghi's a last ditch gambit to do "whatever it takes" prevented the complete disintegration of the Eurozone - Gold has now overtaken the euro as the world’s second-most important reserve asset for central banks, driven by record purchases and soaring prices, according to the European Central Bank.As shown in the chart below, gold accounted for 20% of global official reserves last year, surpassing for the first time the euro’s 16%, and second only to the US dollar at 46%, data from an ECB report published on Wednesday showed.“Central banks continued to accumulate gold at a record pace,” the ECB wrote, adding that central banks for the third year in a row acquired more than 1,000 tonnes of gold in 2024, a fifth of the total global annual production and twice the annual amount in the decade of the 2010s.As the FT notes, the stock of gold held by central banks worldwide is approaching the historic highs of the postwar Bretton Woods era. Until 1971, global exchange rates were fixed to the dollar, which in turn could be converted into gold at a fixed exchange rate. That all ended with the Nixon gold shock in 1971. Central bank gold reserves, which peaked at 38,000 tonnes in the mid-1960s, rose again to reach 36,000 tonnes in 2024, according to the latest ECB numbers. “Central banks worldwide now hold almost as much gold as they did in 1965,” the ECB report said.Large buyers last year included India, China, Turkey and Poland, according to the World Gold Council.While there are no indications that the relentless demand for gold among official buyers is slowing, the ECB noted that the supply of gold in recent decades increased during times of high prices: “If history is any guide, further increases in the official demand for gold reserves may also support further growth in global gold supply.”Which is a wonderful theoretical thought experiment, the only problem is that now that gold has become a Giffen good (where demand only goes up with price), any incremental supply will be quickly absorbed by even more demand. And if that is indeed the case, and the current trajectory of gold accumulation and dedollarization persist, expect gold to surpass the dollar as the world's preferred reserve currency sometime in 2030... right around the time US debt will be $50 trillion and bitcoin will be well over $1 million. Which is ironic: a handful of powerful brought the end of the Bretton Woods world in the early 1970s, sparking an anti-gold regime which was adopted by a world kicking and screaming in disgust. 50 years later, without any outside influence, the world in which gold is once again the reserve "currency" has effectively returned. Nature is healing. More in the full Socgen note available to pro subs. Tyler DurdenTue, 06/17/2025 - 22:35
The city received a letter from U.S. Attorney Bill Essayli warning the police could expose city staff and elected officials to federal prosecution.
A new state energy siting board in Pennsylvania may be a stalking horse for fossil fuel and nuclear interests in that state, The post State vs. Local Control Over Energy Siting Sparks Debate In Pennsylvania appeared first on CleanTechnica.
Colombia’s Senate has approved a labor bill that is expected to grant workers more overtime pay while making it harder for companies to hire employees on short-term contracts
U.S. Treasury yields were little changed on Wednesday as investors awaited the Federal Reserve’s rate policy decision and more insight on the economic impact of President Donald Trump’s tariffs and escalating tensions in the Middle East.At 6:42 a.m. ET, the benchmark 10-year Treasury note fell 1 basis point to 4.375%. The 2-year Treasury yield also slipped 1 basis point to 3.939%.One basis point is equivalent to 0.01%, and yields and prices move in opposite directions.The Fed’s interest rate decision will be announced at 2 p.m. ET. Traders are pricing in a 99.9% chance that the central bank will hold interest rates steady, according to the CME FedWatch Tool. Federal Open Market Committee members forecast only two rate cuts this year.“A lot has happened since their last meeting in early May, including the dialling back of China tariffs, the Moody’s downgrade of the US credit rating, as well as the significant escalation in the Middle East,” Deutsche Bank analysts said in a note. “So given that uncertainty and the potential for fresh inflationary spikes, they’re widely expected to keep rates on hold again, and it means the focus will be on the dot plot for where they expect rates to go next.”They added: “Our US economists think it’ll only signal one rate cut this year, which would be a hawkish shift from March, when they still signalled two cuts. However, they think it’s a close call, and they expect the Fed to mostly maintain existing signals about policy.”Investors are also awaiting economic data, including housing starts for May and preliminary building permits. Weekly jobless claims will be released in the morning.The bond market will be closed on Thursday for the Juneteenth holiday.
A U.S. military strike against Iran is one of the options Trump is considering, current and former administration officials told NBC News. U.S. stocks retreated Tuesday as Trump’s rhetoric on Iran ramped up. Asia markets traded mixed Wednesday. Japan exports in May declined 1.7% year over year, according to data from Japan’s trade ministry released Wednesday. OpenAI CEO Sam Altman said Meta had sought to hire “a lot of people” from the artificial intelligence company. The U.S. Senate on Tuesday passed the GENIUS Act, a bill that establishes federal guardrails for U.S. dollar-pegged stablecoins. Investors think global stocks will be the best-performing asset in the next five years.Hopes of a quick ceasefire between Israel and Iran were dashed by several social media posts from U.S. President Donald Trump. As he took an early departure from the Group of Seven summit, Trump said it “certainly has nothing to do with a Cease Fire” and that he was involved in something “much bigger than that.”What’s bigger than a ceasefire? An escalation in conflict on the prospect of the U.S. joining the hostilities in the Middle East. Trump, on his social media platform Truth Social, threatened Iran’s leader Ayatollah Ali Khamenei that he is an “easy target” and wants him to “surrender.”Trump’s posts on Truth Social brought U.S. stocks lower and caused oil prices, which were on the retreat Monday, to shoot up more than 4% during Tuesday’s trading session in America. A weaker-than-expected U.S. retail sales report in May also added to the heavy sentiment in markets.The U.S. Federal Reserve’s rate-setting meeting will conclude Wednesday. While central bankers are expected to leave interest rates unchanged, the committee will release updated projections of where they see rates going. Chair Jerome Powell will also answer questions from the media at this press conference. All of those are market-moving events — so it’s a relief, at least, they come from official communiques.What you need to know todayTrump weighs strike on IranA U.S. military strike against Iran is one of the options Trump is considering, after meeting with his top national security advisors on Tuesday afternoon, current and former administration officials told NBC News. Earlier in the day, Trump wrote on Truth Social that the U.S. knows “exactly” where the Iran’s leader, Ayatollah Ali Khamenei, is “hiding,” and demanded “UNCONDITIONAL SURRENDER!”U.S. markets fell while Asia trades mixedU.S. stocks retreated Tuesday as Trump’s rhetoric on Iran ramped up. The S&P 500 fell 0.84%, the Dow Jones Industrial Average shed 0.7% and the Nasdaq Composite was down 0.91%. Asia-Pacific markets were mixed Wednesday. At 1:30 p.m. Singapore time, Japan’s Nikkei 225 rose 0.77% even as the government reported a drop in exports in May, while South Korea’s Kospi added 0.56%. Hong Kong’s Hang Seng Index, however, lost 1.23%.Exports from Japan fall in MayJapan exports in May declined 1.7% year over year, according to data from Japan’s trade ministry released Wednesday. While that drop fares better than the 3.8% decline expected from a Reuters poll of economists, it’s still the steepest fall since September 2024 and reverses the 2% growth in April. Exports to the U.S. dropped 11.1% from a year earlier, much worse than than the 1.8% fall in April.Meta trying to poach OpenAI staff: AltmanOn a podcast released Tuesday, OpenAI CEO Sam Altman said Meta had sought to hire “a lot of people” from the artificial intelligence company, and had offered signing bonuses as high as $100 million — but “so far none of our best people have decided to take them up on that.” Meta CEO Mark Zuckerberg is frustrated with his firm’s standing in the AI space, sources told CNBC.U.S. passes landmark crypto billThe U.S. Senate on Tuesday passed the GENIUS Act, a landmark crypto bill that establishes federal guardrails, including full reserve backing, monthly audits, and anti-money laundering compliance, for U.S. dollar-pegged stablecoins. It also opens the door to a range of issuers, including banks, fintechs, and major retailers looking to launch their own stablecoins or integrate them into existing payment systems.[PRO] Global stocks will reign: InvestorsThe era of U.S. exceptionalism might be coming to an end. Not only have global stocks vastly outperformed those in America year to date, investors also think they will be the best-performing asset class over the next five years, according to the results of Bank of America’s latest fund manager survey.And finally...Chip Somodevilla | Getty ImagesFederal Reserve Chair Jerome Powell.The Fed is likely to keep rates the same but give a forecast that moves markets. What to expectWhile any immediate movement on interest rates seems improbable, the Federal Reserve’s policy meeting, which concludes Wednesday, will feature important signals that still could move markets.Among the biggest things to watch will be whether Federal Open Market Committee members stick with their previous forecast of two rate cuts this year, how they see inflation trending, and any reaction from Chair Jerome Powell to what has become a concerted White House campaign for easier monetary policy.As things stand heading into the meeting, markets are pricing in the next cut to come in September, which would be the one-year anniversary of a surprisingly aggressive half-percentage-point reduction the FOMC instituted amid concerns over the labor market. The committee added two more quarter-point moves by the end of the year and has been on hold since.
This is CNBC’s live blog covering European markets.Airbus shares riseKevin Carter | Getty ImagesA JetBlue Airways Airbus A321 departs from Harry Reid International Airport en route to Boston on March 15, 2025, in Las Vegas, Nevada.Ahead of a business update on Wednesday, Airbus raised the upper end of its dividend payout ratio and confirmed its full-year guidance.The company said that it would extend “the upper range of the dividend payout ratio to 30-50% from the current payout ratio of 30-40%.”Shares were last seen trading 1.4% higher.— Chloe TaylorGilts see muted reaction to UK inflation printU.K. government bonds, known as gilts, strengthened slightly after inflation came in in line with analysts’ expectations.The yield on the benchmark 10-year gilt was around 2 basis points lower by 7:07 a.m. in London. Yields on 2- and 20-year gilts were down by around 1 basis point, while 5- and 30-year gilt yields remained unchanged.Bond prices and yields move in opposite directions.— Chloe TaylorUK inflation cools to 3.4% in May, as expectedU.K. inflation cooled slightly to 3.4% in the year to May, data from Britain’s Office for National Statistics showed on Wednesday.The reading was in line with analyst expectations.A month earlier, inflation unexpectedly surged to 3.5%.— Chloe TaylorGood morning, here are the opening callsYui Mok – Pa Images | Pa Images | Getty ImagesA view of the London skyline during sunrise looking east, including Canary Wharf, from Horizon 22, London’s highest free viewing platform. Picture date: Friday September 15, 2023. Good morning and welcome to CNBC’s live blog covering European financial market action and the latest regional and global business news, data and earnings.Futures data from IG suggests sharp falls across European markets at the open, with London’s FTSE looking set to open 52 points lower at 8,827, Germany’s DAX down 245 points at 23,447, France’s CAC 40 down 75 points at 7,665 and Italy’s FTSE MIB 329 points lower at 39,568.Global investors continue to assess ongoing fighting between Israel and Iran tensions after continued missile attacks and airstrikes on Monday.Oil prices have risen on supply worries, and the price of gold has also increased amid a flight to safe haven assets after the conflict erupted last week.Those prices rose further overnight, and U.S. stock futures turned lower, after U.S. President Donald Trump signaled a further escalation in attacks could be coming as he urged Iranians to evacuate Tehran.— Holly EllyattWhat to look out for on WednesdayThe U.S. Federal Reserve’s latest monetary policy decision is due Wednesday afternoon. Fed funds futures are pricing in an almost 100% likelihood that the central bank will keep rates unchanged, as per CME’s FedWatch tool, despite U.S. President Donald Trump’s continued pressure on Fed Chief Jerome Powell for a rate cut.Michael Nagle | Bloomberg | Getty ImagesTelevision stations broadcast Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee meeting, on the floor of the New York Stock Exchange on May 7, 2025.Investors will be keeping a close eye on Powell’s post-meeting comments and for the central bank policymakers’ forecast on rate policy, as the Federal Open Market Committee will be sharing members’ “dot plot” of rate expectations.In Europe, U.K. investors will be keeping a close eye on inflation data from the U.K. for May, with economists expecting the consumer price index to have risen 3.4% in the year to May. Elsewhere, Sweden’s Riksbank publishes its latest interest rate decision on Wednesday.There are no other data or major earnings reports due.— Holly Ellyatt
High Arctic Overseas Announces Normal Course Issuer Bid
Chinese companies have increasingly turned to the internet to sell directly to consumers, a fast-growing industry known as cross-border e-commerce. But if Chinese exporters are to compete globally, they need to focus on the hard task of building a brand. Many companies are eager to enter the U.S. market, but face greater urgency to differentiate through building a brand.This report is from CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give a lowdown on market moves and help you set up for the week ahead. Like what you see? You can subscribe here.The big story“Do you need a U.S. warehouse?”“Do you need a Mexico warehouse?” “Shipping to Europe?”Salespeople, speaking in Mandarin Chinese, weren’t shy about pushing their logistics services when I attended the 10th Shenzhen International Cross-Border E-Commerce Expo this week. One logistics company even hired foreign-looking models in glittery silver dresses to parade around the venue.It’s one of the biggest events of the year for companies selling from China to the U.S. and other countries via the internet. In the midst of a tepid truce in the U.S.-China tariff war, many companies appeared eager to enter the U.S. market.But the game to survive has changed.“The past 30 years have helped Chinese companies to become very mature in supply chain integration,” Tina Hsu, partner at startup AIGC Empower, told me in Mandarin at the expo. “Today, if there is a tool that can help [businesses] tell a story better, resonate with users ... they could go overseas with the identity of a brand to operate in a healthier manner that’s longer term and with higher profits.”AIGC Empower claims it has those tools. At a joint launch with Amazon and Wayfair in Zhuhai, China, last month, Hsu said AIGC introduced two generative AI-powered products: a system for quickly researching local markets to understand consumer needs, and a tool for producing images for product advertisement. The service starts at 10,000 yuan ($1,390) per product per year — and has already received around 100 orders, Hsu said.“To be honest, it’s not every customer here who can appreciate the value” of our product and the need for branding, she said, noting it’s Chinese entrepreneurs who studied abroad that understand it best. But she warned that without inherent differentiation, Chinese companies will find it hard to survive overseas in the next 30 years.Spending more on adsWhile a few companies with Chinese roots such as Temu and Shein have grabbed the most attention when it comes to cross-border e-commerce, several smaller Chinese businesses have also been tapping the internet to sell directly to overseas consumers, as competition at home has intensified.“The U.S. consumer market is still the world’s largest, and the destination for most cross-border e-commerce sellers,” said Li Xiaoming, distribution manager at Miao Shou, which sells software that allows merchants to analyze data from multiple e-commerce platforms in one place. That’s according to a CNBC translation of his Mandarin-language remarks.Although companies have turned to other countries, they’re still holding onto some resources for deploying into the U.S. market — if conditions improve in the next few months, he said.Regardless, Chinese sellers are piling into the cross-border e-commerce trend.Miao Shou claimed that it had a total of 800,000 customers as of June, with around 200,000 companies joining the platform in the past six months. Li said the company aims to double clients’ sales transaction volume on its platform this year.To stand out in such a competitive environment, these companies need better branding and marketing, especially in the current trade climate.“We believe tariffs this time mark a process of complete market reshuffling,” pushing out companies that previously only relied on price, not product quality, to compete, Bear Huo, China general manager at fintech startup FundPark, said in Mandarin, translated by CNBC.With $750 million in financing from Goldman Sachs and HSBC, FundPark lends money to smaller Chinese businesses selling their wares overseas. Huo, who used to work at Alibaba, said that the startup has become an official loan provider for certain Chinese sellers on Walmart, and aims to reach a similar partnership with sellers on Amazon later this year.Huo said FundPark is lending more to businesses for advertising as clients have ramped up their marketing spend to up to 20% of the product transaction value — a jump from 3% to 5% in 2023.While ad spending can lead to short-term spurts in sales, building a brand is a longer-term process, and a far more challenging task. Even advertising legend John Hegarty has described the difficulties of getting companies to make bold, transformational moves in order to stand out in the market. But if Chinese exporters are to compete globally, they need to focus on the hard task of building a brand.It’s similar to what’s playing out in China’s cut-throat electric-car industry. Companies have been slashing prices and offering more high-tech features, but to stand out over the longer-term, they need to create brands that resonate with consumers.Eyeing legal protectionsSome Chinese companies believe they already have what it takes to build a brand, but lack the legal resources to protect themselves — especially as market incumbents launch targeted lawsuits that can force a Chinese seller to go out of business.It’s become such a pressing challenge that a group of Chinese merchants have backed a new platform that uses a low-cost insurance structure for litigation services that can otherwise be quite expensive, according to Jack Zhang, secretary-general at the Shenzhen Cross-Border E-Commerce Association’s legal insurance division. He’s leading the project with a team of about 30 people.His plan is to group lawsuits into the thousands or tens of thousands, thereby negotiating a lower rate with law firms in the U.S. or another market. It’s far from an operating service, and Zhang hopes he can reach the 1,000-case threshold around this time next year.Several companies at the expo also advertised services from compliance to business registration — getting a U.S. trademark will cost the equivalent of $485, now available at a $150 discount, one flyer said. But as many of the vendors appeared to mimic each other’s style, only attempting to undercut others on price, it’s clear the concept of a brand has yet to take off.Top TV picks on CNBCXiaopeng He, founder of Xpeng, talks about pressures and competition in the Chinese EV market: over-capacity, price wars, and technological innovations. He says the Turing chip is a necessary invention to help Xpeng transition to a large tech company.Hong Hao, managing partner, at Lotus Asset Management, talks about where he’s seeing opportunities in the China markets: biotech, bubble tea, and Pop Mart.Nicholas Burns, former ambassador to China, joins “Closing Bell Overtime” to talk the role China could play in the Iranian-Israel conflict.Need to knowChina’s retail sales sharply beat expectations in May. Sales recorded their largest jump since December 2023, boosted by government subsidies and surging online shopping as a major e-commerce sales event started early. Industrial output and fixed-asset investment both saw growth soften from the prior month and missed expectations.U.S.-China renewed trade truce left military-grade rare-earth issue unresolved. That’s according to a Reuters report, citing two people briefed on the London bilateral meeting. Beijing has yet to loosen its grip on exports of some specialized rare-earth magnets, while U.S. maintains curbs on exporting cutting-edge AI chips to China.China resumed Boeing’s jet deliveries. Boeing delivered a new 787-9 aircraft to China’s Juneyao Airlines on Saturday, months after Beijing had suspended the U.S. aerospace giant’s deliveries amid tit-for-tat retaliation against Washington. That delivery comes after China agreed on dialing back some punitive measures against the U.S. with more trade negotiations underway.— Anniek BaoIn the marketsChinese and Hong Kong stocks fell early Wednesday amid mixed trading in the region, as escalating tensions between Israel and Iran weigh on investor sentiment.Mainland China’s CSI 300 was down 0.18%, while Hong Kong’s Hang Seng Index — which includes major Chinese companies — had lost 1.7% as of 2:00 p.m. local time.Coming upJune 18-19: Lujiazui Financial Forum in ShanghaiJune 19: Deadline for ByteDance to sell off TikTok U.S., likely to be extendedJune 24-26: World Economic Forum’s “Summer Davos” in Tianjin; AIIB Annual Meeting in Beijing
Airbnb Inc. (NASDAQ:ABNB) co-founder and CEO Brian Chesky has credited his father’s tough love—not praise—for instilling the mindset that helped him build a billion-dollar company.What Happened: Speaking on Simon Sinek's “A Bit of Optimism” podcast, which was made public in February of this year, Chesky shared that his father never complimented his intelligence and instead rewarded effort over innate ability."My dad never told me I was talented or smart and he probably did me a service," Chesky said, adding, "He only rewarded effort.""I think there's a lot of studies about the growth mindset that if you reward a child for being intrinsically good, they're going to be afraid to try because they don't want to disprove you. But if you reward effort, the only way to fail is to not give it your all."See Also: Ross Gerber Slams Airbnb Over Customer Support, Vows To ‘Never Use It Again’ After Palisades Fire ExperienceThe CEO then gave the example of UCLA's legendary basketball coach John Wooden while discussing his leadership philosophy. Chesky recalled Wooden’s response when asked about the secret behind his record-setting coaching career.According to Chesky, Wooden believed in seeing ...Full story available on Benzinga.com
Canadians will be get bigger ACWB payments from the feds in July Daily Hive VancouverCanadians can expect even larger government payouts in July blogTOSome Canadians receiving increased GST credit payments next month blogTO
Breakthrough implementation enables a large national health system to retire nearly 800 legacy applications, implement active archiving, and unlock over $65M to date in annual savings
Meta Invents New Way to Humiliate Users With Feed of People's Chats With AI 404 MediaWe uncovered how Meta's AI app was full of accidental public posts that were really personal. It's now trying to fix that. Business InsiderThe Meta AI App Lets You ‘Discover’ People’s Bizarrely Personal Chats WIREDMeta AI users confide on sex, God and Trump. Some don’t know it’s public. The Washington PostMeta AI warns your chatbot conversations may be public. Here's how to keep them private. Mashable
PARIS, June 17, 2025 /PRNewswire/ -- Datawords Group is proud to announce the appointment of Eric Chaniot, Vice President and General Manager at Microsoft, as the newest member of its Board of Directors. With over three decades of experience in the tech industry, his arrival further...
'EVERYONE SHOULD IMMEDIATELY EVACUATE TEHRAN!' ... TRUMP WARNS IRANIANS TO GET OUT OF THE CAPITAL ... DONALD TRUMP: Iran should have signed the “deal” I told them to sign. What a shame, and waste of human life. Simply stated, IRAN CAN NOT HAVE A NUCLEAR WEAPON. I said it over and over again! Everyone should immediately evacuate Tehran!
Snowflake Inc (NYSE:SNOW) has entered into a strategic partnership with Interpublic Group of Companies, Inc's (NYSE:IPG) Acxiom business to build and deliver an AI-powered marketing data infrastructure.Unique interactions through one-on-one conversations during Snowflake's annual conference provide an "on-the-ground view of trends that we expect to drive fundamentals for the software market over the next 12-18 months," according to JPMorgan.The Snowflake Analyst: Analyst Mark Murphy reiterated an Overweight rating and price target of $225.Check out other analyst stock ratings.The analyst provided these quotable quotes from ...Full story available on Benzinga.com
Oil and gold send conflicting signals on Iran war angst. US dollar climbs Forexlive | Forex News, Technical Analysis & Trading ToolsU.S. dollar’s tarnished reputation highlighted by latest Middle East conflict The Globe and MailUS Dollar: Can Rising Geopolitical Tensions Spark a Trend Reversal? YahooEUR/USD forecast: Dollar still on the ropes despite Israel-Iran conflict intensifying FOREX.comUS dollar firms versus yen, Swiss franc as Middle East tension simmers KITCO
Descartes' MyCarrierPortal leverages real-time Incident Reports to continually vet your network.The post Descartes: protecting freight with advanced fraud prevention technology appeared first on FreightWaves.
Fair Isaac (NYSE:FICO) has outperformed the market over the past 5 years by 19.18% on an annualized basis producing an average annual return of 33.3%. Currently, Fair Isaac has a market capitalization of $43.89 billion. Buying $100 In FICO: If ...Full story available on Benzinga.com
MELVILLE, N.Y., June 17, 2025 /PRNewswire/ -- Nikon Instruments Inc. (Nikon), a wholly owned subsidiary of Nikon Corporation, and Astellas Innovation Management LLC ("Astellas"), a wholly owned subsidiary of Astellas Pharma Inc., have entered a strategic collaboration to support...
FELLSMERE, Fla., June 17, 2025 /PRNewswire/ -- B&W Quality Growers, the leading grower of distinctive leafy greens for over 155 years, is proud to announce the launch of Power4TM—a premium blend crafted for chefs seeking both nutrition and flavor. This innovative mix combines four...
Market Growth Driven by Rising Demand for Biopharmaceuticals, Precision Medicine Development, Biotechnology R&D Investments, Single-Use Technologies, and AI Integration in Manufacturing Processes REDDING, Calif., June 17, 2025 /PRNewswire/ -- The global bioprocessing equipment market was...
Menlo Park, CA, June 16, 2025 (GLOBE NEWSWIRE) -- Cal Redwood Acquisition Corp. (Nasdaq: CRAQU) (the “Company”) today announced that, commencing on June 23, 2025, holders of the units (the “Units”) sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares (the “Ordinary Shares”) and rights (the “Rights”) included in the Units.
Leading cryptocurrencies erased early gains Monday as President Donald Trump asked citizens of Tehran, Iran's capital, to "immediately" evacuate the city amid escalating Iran-Israel conflict.CryptocurrencyGains +/-Price (Recorded at 10:30 p.m. ET)Bitcoin (CRYPTO: BTC)+0.90%$106,721.09Ethereum (CRYPTO: ETH) -0.29%$2,561.52Dogecoin (CRYPTO: DOGE) -1.29%$0.1731What Happened: Bitcoin nearly hit $109,000 late evening, marking a sharp recovery from the downsides triggered due to the Iran-Israel war. Investors have been on edge since the beginning of the hostilities between the two regional rivals. However, the jitters were eased after reports said that Iran wants to de-escalate tensions and return to negotiations.But the optimism seems to have faded after Trump ordered residents of the Iranian capital, Tehran, to immediately evacuate, sending stock futures and cryptocurrencies tumbling. Bitcoin fell below $107,000 on the news.Ethereum saw a similar trajectory, rising to an intraday high of $2,680.09 only to fall below $2,500.About $381 million was liquidated from the cryptocurrency market in the last 24 hours, with long liquidations accounting ...Full story available on Benzinga.com
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Israel-Iran latest: Oil prices rebound after Trump’s call for Tehran evacuation Financial TimesView Full Coverage on Google News
At a ceremony in Chicago, the James Beard Awards celebrated some of the nation's most outstanding culinary talent.
This is CNBC’s live blog covering European markets.Israeli stocks hit new all-time highAs global shares started selling off Monday, one bright spot of the equity market stood firm: Israel.International stocks initially appeared unperturbed by the escalating conflict between Israel and Iran, largely rallying on Monday as the fighting entered its fourth day.However, as military strikes continued on Tuesday, European and Asia-Pacific shares were more volatile, while U.S. stock futures also moved lower.Bucking the global trend, stocks listed in Israel rallied. The Tel Aviv 125 index, last seen trading 1.1% higher, extended gains from the previous session that saw it reach a record high. The country’s Tel Aviv 35 index, home to the country’s largest listed firms, gained 1% — meaning it hit a fresh all-time high level on after previously reaching a new all-time high on Monday.— Chloe TaylorUK stocks shrug off signing of U.S. trade dealSuzanne Plunkett | ReutersBritish Prime Minister Keir Starmer and U.S. President Donald Trump meet at the G7 summit, in Kananaskis, Alberta, Canada, June 16, 2025. The announcement late Monday that the U.K. and U.S. have signed off on a previously-announced trade deal — accompanied by effusive praise of British Prime Minister Keir Starmer by U.S. President Donald Trump — has done little to lift market sentiment on Tuesday morning.The FTSE 100 is down 0.5%, and firms that could stand to benefit from the slashed tariff rates on autos and zero tariffs on aerospace parts were little changed. Those included Aston Martin Lagonda, up 0.76%, Rolls-Royce, down 1.2%, with the impact largely already priced in.Uncertainty meanwhile remains over what will be agreed for British steel and pharmaceutical firms, with rates not clarified in the announcement.— Jenni ReidEuropean stocks open lowerWe’re 30 minutes into Tuesday’s trading session, and stocks are broadly in negative territory.The pan-European Stoxx 600 was last seen 0.8% lower, hitting its lowest level in more than three weeks. The index had gained 0.4% on Monday, as global markets appeared to shrug off the impact of the escalating conflict between Israel and Iran.Germany’s DAX led losses among major regional bourses, down 1.6% in early trade. France’s CAC 40 was last seen 1.2% lower, with London’s FTSE 100 down by 0.7%.— Chloe TaylorTrump says UK has tariffs protection ‘because I like them’ Kevin Lamarque | ReutersU.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada,June 16, 2025.In case you missed it, the U.S. and Britain signed an agreement on the sidelines of the G7 summit on Monday, lowering some tariffs on British exports to the United States while the two nations eye a trade deal.Last month, the U.K. became the first country to agree a trade deal with Washington since U.S. President Donald Trump unveiled his full list of so-called reciprocal tariffs.The deal signed on Monday reaffirmed preferential tariff rates on British autos and removed tariffs on the U.K.’s aerospace sector. Trump said on Monday that a tariff rate specifically for British steel and aluminum would be established “at a future time.”Steel and aluminum imported from the U.K. is currently subject to 25% tariffs, half the 50% rate imposed on the rest of the world.Speaking to reporters after the deal was signed with British Prime Minister Keir Starmer, Trump said “we signed it and it’s done” before touting the transatlantic relationship as “fantastic.”“It’s a great deal for both, it’s going to produce a lot of jobs, a lot of income.”“The U.K. is very well protected, you know why? Because I like them, that’s why,” Trump added.— Chloe TaylorGold outshines Treasurys, yen and Swiss franc as the ultimate safe havenGold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens such as the Japanese yen, Swiss franc, and U.S. Treasurys — compelling investors to rethink what true safety looks like in the face of fiscal sustainability concerns and looming wars.Read more here. — Lee Ying ShanGood morning, here are the opening callsYui Mok – Pa Images | Pa Images | Getty ImagesA view of the London skyline during sunrise looking east, including Canary Wharf, from Horizon 22, London’s highest free viewing platform. Picture date: Friday September 15, 2023. Good morning and welcome to CNBC’s live blog covering European financial market action and the latest regional and global business news, data and earnings.Futures data from IG suggests sharp falls across European markets at the open, with London’s FTSE looking set to open 52 points lower at 8,827, Germany’s DAX down 245 points at 23,447, France’s CAC 40 down 75 points at 7,665 and Italy’s FTSE MIB 329 points lower at 39,568.Global investors continue to assess ongoing fighting between Israel and Iran tensions after continued missile attacks and airstrikes on Monday.Oil prices have risen on supply worries, and the price of gold has also increased amid a flight to safe haven assets after the conflict erupted last week.Those prices rose further overnight, and U.S. stock futures turned lower, after U.S. President Donald Trump signaled a further escalation in attacks could be coming as he urged Iranians to evacuate Tehran.— Holly EllyattWhat to keep an eye on todayChip Somodevilla | Getty ImagesU.S. President Donald Trump participates in a meeting with fellow G7 leaders during a meeting at the G7 Leaders’ Summit on June 16, 2025 in Kananaskis, Alberta. Canada is hosting this year’s meeting of the world’s seven largest economies.The Group of Seven summit concludes in Canada on Tuesday, with no joint communique expected at the end of the gathering. U.S. President Donald Trump left the meeting a day early because of the situation in the Middle East, the White House said on Monday.The G7 released a statement late on Monday affirming its support for Israel and describing Iran as the “principal source of regional instability and terror.”In Europe, the Paris Air Show continues, with last week’s Air India crash disaster and conflict in the Middle East dominating conversation at the show. Read more here: Boeing Dreamliner crash, military escalations darken mood at Paris Air ShowOn the data front, ZEW’s survey of economic sentiment in Germany and Europe will be released at 10 a.m. London time.There are no major earnings in Europe Tuesday.— Holly Ellyatt
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./CALGARY, AB, June 16, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV:HASH) ("SSC" or the "Company") is pleased to announce that it has reached an agreement with Natura Life + Science ("Natura"), a California cannabis company, to launch Sluggers, the legendary northern California cannabis brand, in Canada. Sluggers' U.S. based website is as follows: https://sluggers.com/. SSC is also pleased to provide an update regarding changes made to its executive team, the timing of filing its first quarter results ("Financials") for the three months ended March 31, 2025, and an update on its previously announced management cease trade order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") initially issued by the Alberta Securities Commission, the Company's principal regulator, on May 5, 2025, and subsequently updated by SSC through press releases issued on April 30, 2025, May 14, 2025, May 20, 2025, and June 2, 2025. SluggersThe Sluggers brand was built by cannabis culture and community leaders, and is known for premium pre-rolls, vapes, and flower. With a passionate fan base, Sluggers has been setting the standard in the U.S. cannabis market, bringing consistent, innovative and high-quality products to a wide base of consumers.Sluggers has rapidly expanded across multiple states, and they are now leveraging ANC Inc.'s leading manufacturing capability to bring Sluggers' exceptional products to Canada. ANC Inc. is a wholly owned subsidiary of SSC.According to Headset data:Sluggers is #1 in units sold in California for 3.5g pre-roll packs, including being the #2 infused pre-roll brand on 4/20. Currently, Sluggers sells over a million pre-rolls per month.Sluggers has achieved 600% year over year growth in vape sales.The initial Sluggers product launches coming in July are as follows:Bubble Bath Juiced Hash & Diamond Infused Kief ...Full story available on Benzinga.com
Illegal Alien Economy: How Foreign Nations Exploit US Borders For Profit Authored by Brandon Smith via Alt-Market.us,Well, the tensions over mass illegal immigration in the US are finally coming to a boil after 4 years of open borders under the Biden Administration and six months of obstruction by Democrat politicians and judges interfering with deportations.The progressive establishment position on illegals is clear: Make it as easy as possible for anyone to enter the country and make it as difficult as possible to kick them out.I published a comprehensive overview on the riots in California last week, but I also want to examine how we got here in the first place and why many foreign governments are so intrusive when it comes to US immigration policies.Think about it for a moment and ask yourself: Why is the rest of the world in our business? Why do they care if we have tighter controls on borders and stricter vetting for immigration? Why don’t foreign governments also complain about Chinese immigration standards, or Saudi Arabia’s standards, or even Australia’s standards? Why does everyone else think they have a say in how America handles immigration?There are, of course, ideological agendas at play here, but I believe the primary reason for foreign meddling is economic, specifically when it comes to Central America and South America.I’ve covered these issues briefly in the past but I think it bears repeating that the US is widely considered a kind of global buffet or a wounded gazelle – The entire jungle shows up to take a bite. We’re the cash cow of the planet ready to be milked. The exposure of organizations like USAID proved beyond a doubt that Americans pay for the ENTIRE WORLD. Not only that, but we get to pay for the inflation that is created for every dollar printed and circulated to fill the pockets of foreign interests.This is the enduring curse attached to any country “lucky” enough to maintain world reserve currency status. When the Bretton Woods agreement was put in place after World War II there was an unspoken but clear trade-off, a devil’s bargain attached to the dollar’s ascension.First, Americans were going to have to pay the vast majority of defense spending in the new international order (which would ultimately become NATO). Second, America was gifted the ability to print dollars with wild abandon while mitigating hyperinflation by exporting dollars overseas to foreign banks and corporations. However, the expectation was that the US would have to spread the fiat wealth and feed the coffers of other countries through various subsidies, foreign aid and perhaps even open immigration.The question is, how does mass immigration play into this arrangement?The Economic And Social Steam ValveUsing Mexico as an example, we can see some obvious economic advantages for foreign governments if US immigration policies remain unenforced. Mexico has enjoyed an exceedingly low unemployment rate for several years, not just because untold numbers of US manufacturing jobs have been outsourced to the south, but because Mexico has the option of encouraging poverty stricken citizens who can’t get jobs to sneak into the US.This serves a couple of purposes – It allows Mexico to maintain low unemployment stats. It saves them loads of cash when it comes to social welfare programs (they can send their poor to the US where American taxpayers foot the welfare bill). And, in terms of crime and civil unrest, Mexico is able to relocate their own discontented rabble over the border and let the US deal with those people instead.The same goes for most of Central and South America. The benefits are just too numerous to ignore. The more open the US border is, the more every third world country near us has to gain.Immigration ExtortionMost readers might not remember, but under the Biden Administration there was a concerted effort to spin the immigration crisis as a problem of financial instability and humanitarian response. Kamala Harris, the supposed “border czar”, spent years avoiding a visit to the southern border to witness the migrant surge first hand. Instead, she claimed that her energies were better spent on trips to other countries where she could “solve the problem at the source”.This meant that the Biden Administration would not close the border, but they would pay off foreign governments with billions of dollars in subsidies that would theoretically trickle down to third world populations and keep them at home. These payoffs were also designed to make South American and Central American politicians stop encouraging their people to enter the US illegally.Of course, Democrats didn’t really want the migrant caravans to stop, but this was a way for them to pretend as if they were taking action. Meanwhile, foreign leaders were licking their chops; the more migrant mobs tried to force their way across the US border, the more subsidies they could extort from the progressive controlled US government. The incentives for them to continue sending migrant trains north were overwhelming.The Golden River Of RemittancesWhile scrolling through Mexican news sources I came across the story that inspired this article: Last week Mexican President Claudia Sheinbaum seemingly threatened the US over a proposed tax on “remittances”. If you are not familiar with remittances, they are basically any monies earned (or stolen) within the US by non-citizens and transferred to their home countries.I have related my own experiences with this issue in past articles – As a construction worker and contractor in Florida in my early 20s I witnessed extensive hiring of illegals who were paid around 30% less than American workers. Most of those guys would end up at the local Winn-Dixie supermarket every payday to cash their checks and wire money to Mexico through Western Union. There would be a long line of them around the front of the store, all of them sending money outside the US.Now imagine this is happening in every town in the US with illegals, and you’ll start to understand the sheer scale of remittances. The tax on remittances that is currently under review is only around 3%, but some law makers want to the tax closer to 15% or more. In response Sheinbaum has turned hostile, arguing that Mexicans would “mobilize” in reaction to any fees.“If necessary, we’ll mobilize. We don’t want taxes on remittances from our fellow countrymen. From the US to Mexico...”The socialist president did not specify what she meant by “mobilize”, but many commentators assert that this is a threat to mobilize unrest among migrants already within US borders. As we have seen in Los Angeles in the past few days, the threat is not idle. It seems like madness, until we look at how much US cash is actually transferred outside the US by migrants.Mexico alone received at least $65 billion in remittances from the US last year. In other words, the Mexican economy enjoys a yearly boost of around $65 billion just by encouraging illegals to cross the border. To put this in perspective, Mexico’s entire social welfare budget each year is around $30 billion; less than half of what the country gets through remittances from the US. Mexico’s tourism industry generates around $32 billion annually; again, less than half of what remittances generate.Total foreign remittances to Mexico make up around 5% of their annual GDP and it is the largest single source of income from foreign sources.Also keep in mind that a dollar buys a lot more in Mexico than it does in the US. Want to buy a house in the US? The median price for a three bedroom home is $320,000. In Mexico, a three bedroom home goes for $100,000 (often less). This is yet another reason why illegals march across the border; even when working for 30% less wages they still earn triple the buying power or more in their own country by wiring dollars back home.Sheinbaum understands full well that her country is highly dependent on the underground cash flows from the US through illegal workers. The same goes for numerous Central and South American countries. The expectation attached to the current financial order is that Americans get the world reserve currency, but Americans must foot the bill for nearly every other allied nation. This dynamic is changing and the parasitic feeder nations don’t like it. They’ve become so dependent on easy cash from the US they don’t know how to function any other way.Panic is certain. The economics of illegal immigration are ugly. Some progressives will argue that open borders are “good for America” because remittances and cash outflows help reduce inflation. Obviously that’s not the case, otherwise inflation would have been non-existent under the Biden Administration with its unprecedented migrant invasion.Not only that, but the mere presence of millions of illegals creates a massive demand spike in goods, services and housing which drives up prices. Add to this the billions of dollars spent every year on subsides for migrants collecting welfare (around 60% of all migrants collect from one or more welfare programs upon entering the US), and you have am undeniable inflationary burden that does not need to be here.Foreign governments want illegals here because they are yet another tool for bleeding the US for extra funds. They believe they are entitled to this money, but this methodology is about to change. They simply aren’t ready for what is about to happen.* * *As central banks continue unprecedented money creation, protecting your purchasing power becomes critical for retirement security. Physical gold IRAs offer a tax-advantaged solution, allowing you to hold tangible precious metals with intrinsic value independent of currency fluctuations. To learn more about how physical gold could help protect your retirement portfolio, click here to get your FREE info kit on Gold IRAs from Birch Gold Group.Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge. Tyler DurdenMon, 06/16/2025 - 22:35
Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 12, 2025 to file lead plaintiff applications in a securities class action lawsuit against Tempus AI, Inc. (NASDAQ:TEM), if they purchased the Company's shares between August 6, 2024 and May 27, 2025, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of Illinois.What You May DoIf you purchased shares of Tempus and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-tem/ to learn more. If you wish to serve as a lead plaintiff in this class ...Full story available on Benzinga.com
Women who invest began when they’re 31 years old, on average, according to a survey by Charles Schwab, an investment and financial services firm. A majority of those surveyed, 85%, said they wish they had started investing earlier, Schwab said. The sooner you start, the more you’ll reap the benefits from compounding, experts said.Women who invest began at an average age of 31, but most wish they had started putting money in the market earlier, a recent survey said.Nearly all — 90% — of the women investors surveyed said they’re “on the right track” to achieve their financial goals, according to the survey, by Charles Schwab, an investment and financial services firm.However, 85% share a common regret — they said they wish they had started investing at an earlier age, the survey said.When the age is broken down by generation, Schwab found that millennials began investing at age 27, on average, Gen Xers’ average starting age was 31, and baby boomers started at an average age of 36. Here’s a look at other stories affecting the financial advisor business. 3 key money moves to consider while the Fed keeps interest rates higherThe average 401(k) savings rate hit a record high. See if you’re on trackAmericans believe real estate, gold are the best long-term investmentsSchwab polled 1,200 women in the U.S. ages 21 to 75 in January. The report said they each had at least $5,000 in investable assets, not including retirement accounts or real estate, and were all primary or joint household financial decision-makers.Some of the top reasons respondents said they began investing later in life than they would have liked were a lack of financial knowledge, 54%, and limited funds to invest, 53%, according to Schwab’s report.There’s an advantage in getting started with investing as soon as you can, even if you don’t have much to contribute at first: You’ll benefit from time in the market, according to Carolyn McClanahan, a certified financial planner and founder of Life Planning Partners in Jacksonville, Florida.“Start saving while you’re young because you have lots of years for your money to grow,” said McClanahan, a member of CNBC’s Financial Advisor Council. ‘It’s a get-rich-slowly scheme’An early start to investing harnesses the power of compounding.Compound interest means your money earns interest on both the original amount you invest and on the interest you’ve already earned, said Jeannie Bidner, a managing director and head of the branch network at Charles Schwab. Compound returns are broader, and typically include other types of investment gains, such as dividends and capital gains. Compounding creates a “snowball effect” for your cash, she said. “The sooner you get started, the better.”Let’s say a person begins at age 25 investing $6,000 per year, with an average 7% annual return. By the time they’re 67 years old, the account balance would be almost $1.5 million, according to Fidelity Investments. If that individual delays starting to invest until age 30, they would end up with just over $1 million by retirement.In other words, that five-year head start offers a bonus of nearly half a million dollars.It’s not just about getting a head start. Staying invested through major market swings and sticking to your plan are essential to meeting your financial goals.More than half, or 58%, of the women in the survey said they learned to stay invested despite the ups and downs of the market, Schwab found, and 42% said they learned to create a plan and stick to it.While market volatility can “feel like you’re at a casino,” it’s important to disregard the major swings and focus on your long-term outlook, Katie Gatti Tassin, author of “Rich Girl Nation: Taking Charge of Our Financial Futures,” said at an event Wednesday at 92NY, a cultural and community center in New York.“It’s not a get-rich-quick scheme, it’s a get-rich-slowly scheme,” Gatti Tassin said.
U.S. stocks rose Monday on news that Iran is reportedly seeking a ceasefire with Israel. G7 leaders issued a joint statement Tuesday affirming Israel’s right to defend itself. The Bank of Japan will slow reductions to its purchase of government bonds from April 2026 to March 2027. OpenAI has been awarded a $200 million one-year contract to provide the U.S. Defense Department with artificial intelligence tools. The Trump Organization on Monday announced a mobile phone plan and a $499 smartphone set to launch in September. One strategist explained what it would take for markets to feel the effects of the hostilities in the Middle East.The U.S. stock market rose amid news that Iran wants a ceasefire with Israel. As early as the first days of Israel’s strikes, Tehran asked several countries to persuade U.S. President Donald Trump to call on Israel for an immediate ceasefire, NBC News reported, citing a Middle East diplomat with knowledge of the situation.When asked at a news briefing Monday about the prospect of a ceasefire, however, Israeli Prime Minister Benjamin Netanyahu indicated he was not interested in one, according to NBC News. Netanyahu said Israel is “not backing down” from eliminating Iran’s nuclear program.Regardless of how negotiations — or the lack thereof — play out, it’s clear that countries are placing renewed emphasis on defense. The U.S. Defense Department is turning to artificial intelligence to bolster its forces, announcing on Monday a one-year contract with OpenAI “to address critical national security challenges in both warfighting and enterprise domains.” Amid the Monday developments regarding armed conflict and defense considerations, the Trump Organization announced a mobile phone plan called Trump Mobile and a smartphone, clad in gold and emblazoned with an American flag, dubbed “T1.” Putting aside iffy ethical issues about the sitting U.S. president lending his name to consumer products, their unveiling seemed ill-timed and tone deaf. Perhaps the reception over Trump Mobile was spotty.What you need to know todayMarkets in America riseU.S. stocks rose Monday on news that Iran is reportedly seeking a ceasefire with Israel. The S&P 500 was up 0.94%, the Dow Jones Industrial Average climbed 0.75% and the Nasdaq Composite jumped 1.52%. Asia-Pacific markets were mixed in choppy trading Tuesday. Japan’s Nikkei 225 rose 0.53% at 2:30 p.m. local time on developments regarding the country’s monetary policy.G7 leaders blame Iran for ‘terror’“We reiterate our support for the security of Israel,” Group of Seven leaders said in a joint statement Tuesday, as Tel Aviv trades military strikes with Tehran for the fourth consecutive day. The group condemned Iran for being the “principal source of regional instability and terror,” reiterating that Iran can never have a nuclear weapon. Trump will be leaving the summit a day earlier because of the Middle East conflict, the White House said Monday.BOJ to slow bond purchase cuts in 2026At its monetary policy meeting on Tuesday, the Bank of Japan reiterated it would continue reducing its monthly purchases of Japanese government bonds until March 2026, and subsequently slow down the cuts. The BOJ kept its benchmark rate unchanged at 0.5%, as expected by a Reuters poll of economists. In other Japan news, CNBC’s Lim Hui Jie explores why the country, famous for its pacifist Constitution, is doubling down on arms exports.OpenAI wins contract from Defense DepartmentOpenAI has been awarded a $200 million one-year contract to provide the U.S. Defense Department with artificial intelligence tools, the latter announced Monday. It’s the first contract with OpenAI listed on the Department of Defense’s website. In December, OpenAI said it would collaborate with defense technology startup Anduril to deploy advanced AI systems for “national security missions.”Trump Organization enters telecommunicationsThe Trump Organization, a company owned by the current U.S. President, on Monday announced a mobile phone plan and a $499 smartphone set to launch in September. The company’s new foray into telecommunications mainly comprises a licensing agreement. On Friday, the president reported that he had made more than $8 million in 2024 from various licensing agreements.[PRO] What would it take for markets to react?Equity and energy markets appeared to shake off concerns of a wider conflict in the Middle East on Monday, reversing some of the moves from late last week. Such a response to geopolitical conflict is not unusual, according to one strategist, who explained what it would take for markets to feel the effects of the hostilities.And finally...Sven Hoppe | Picture Alliance | Getty Images“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus.Gold outshines Treasurys, yen and Swiss franc as the ultimate safe havenGold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens such as the Japanese yen, Swiss franc, and U.S. Treasurys — compelling investors to rethink what true safety looks like in the face of fiscal sustainability concerns and looming wars.At the heart of gold’s appeal is its freedom from government liabilities, market experts gathered at the annual Asia Pacific Precious Metals Conference told CNBC on Monday.“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. “When an investor owns Treasurys, other sovereign bonds and even currencies, they are ultimately buying into the respective economy,” he said.
Toronto, Ontario--(Newsfile Corp. - June 16, 2025) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: LODFF) ("Lode Gold" or the "Company") is pleased to announce it has closed the second tranche of its non-brokered private placement offering. Proceeds will be used to advance work at the Fremont Mine in...
LAS VEGAS, June 16, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE:SWX) ("Southwest Gas Holdings" or the "Company") today announced the pricing of an underwritten secondary public offering of Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri") common stock (the "Offering"), pursuant to which Southwest Gas Holdings, as the selling stockholder, is offering 9,750,000 existing shares of Centuri's common stock, at a price of $20.75 per share. The size of the Offering reflects an increase from the 9,500,000 shares originally proposed to be sold. Southwest Gas Holdings has also granted the underwriters a 30-day option to purchase up to an additional 1,462,500 shares of Centuri's common stock. The Offering is expected to close on June 18, 2025, subject to customary closing conditions. Subject to the expiration or early termination of the applicable waiting period relating to certain antitrust filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, Southwest Gas Holdings has also entered into an agreement to sell to Icahn Partners and Icahn Partners Master Fund LP, investment entities affiliated with Carl C. Icahn (the "Icahn Investors"), an aggregate of $22 million in shares of Centuri's common stock in a concurrent private placement at a price per share equal to the Offering price per share. The concurrent private placement is also subject to the satisfaction or waiver of customary closing conditions, including the completion of the Offering, and if the closing of the concurrent private placement has not occurred by July 9, 2025, the concurrent private placement will terminate without the sale of any shares to the Icahn Investors. The sale of these shares, if effected, will not be registered under the Securities Act of 1933, as amended (the "Securities Act"). The closing of the Offering is not conditioned upon the closing of the concurrent private placement.J.P. Morgan and Wells Fargo Securities are acting as joint lead book-running managers for the Offering. BofA Securities, KeyBanc Capital Markets, Mizuho Securities, Moelis & Company, TD Securities, and UBS Investment Bank are acting as book running managers for the Offering. ...Full story available on Benzinga.com
U.S. stocks rose Monday on news that Iran is reportedly seeking a ceasefire with Israel. G7 leaders issued a joint statement Tuesday affirming Israel’s right to defend itself. The Bank of Japan will slow reductions to its purchase of government bonds from April 2026 to March 2027. OpenAI has been awarded a $200 million one-year contract to provide the U.S. Defense Department with artificial intelligence tools. The Trump Organization on Monday announced a mobile phone plan and a $499 smartphone set to launch in September. One strategist explained what it would take for markets to feel the effects of the hostilities in the Middle East.The U.S. stock market rose amid news that Iran wants a ceasefire with Israel. As early as the first days of Israel’s strikes, Tehran asked several countries to persuade U.S. President Donald Trump to call on Israel for an immediate ceasefire, NBC News reported, citing a Middle East diplomat with knowledge of the situation.When asked at a news briefing Monday about the prospect of a ceasefire, however, Israeli Prime Minister Benjamin Netanyahu indicated he was not interested in one, according to NBC News. Netanyahu said Israel is “not backing down” from eliminating Iran’s nuclear program.Regardless of how negotiations — or the lack thereof — play out, it’s clear that countries are placing renewed emphasis on defense. The U.S. Defense Department is turning to artificial intelligence to bolster its forces, announcing on Monday a one-year contract with OpenAI “to address critical national security challenges in both warfighting and enterprise domains.” Amid the Monday developments regarding armed conflict and defense considerations, the Trump Organization announced a mobile phone plan called Trump Mobile and a smartphone, clad in gold and emblazoned with an American flag, dubbed “T1.” Putting aside iffy ethical issues about the sitting U.S. president lending his name to consumer products, their unveiling seemed ill-timed and tone deaf. Perhaps the reception over Trump Mobile was spotty.What you need to know todayMarkets in America riseU.S. stocks rose Monday on news that Iran is reportedly seeking a ceasefire with Israel. The S&P 500 was up 0.94%, the Dow Jones Industrial Average climbed 0.75% and the Nasdaq Composite jumped 1.52%. Asia-Pacific markets were mixed in choppy trading Tuesday. Japan’s Nikkei 225 rose 0.53% at 2:30 p.m. local time on developments regarding the country’s monetary policy.G7 leaders blame Iran for ‘terror’“We reiterate our support for the security of Israel,” Group of Seven leaders said in a joint statement Tuesday, as Tel Aviv trades military strikes with Tehran for the fourth consecutive day. The group condemned Iran for being the “principal source of regional instability and terror,” reiterating that Iran can never have a nuclear weapon. Trump will be leaving the summit a day earlier because of the Middle East conflict, the White House said Monday.BOJ to slow bond purchase cuts in 2026At its monetary policy meeting on Tuesday, the Bank of Japan reiterated it would continue reducing its monthly purchases of Japanese government bonds until March 2026, and subsequently slow down the cuts. The BOJ kept its benchmark rate unchanged at 0.5%, as expected by a Reuters poll of economists. In other Japan news, CNBC’s Lim Hui Jie explores why the country, famous for its pacifist Constitution, is doubling down on arms exports.OpenAI wins contract from Defense DepartmentOpenAI has been awarded a $200 million one-year contract to provide the U.S. Defense Department with artificial intelligence tools, the latter announced Monday. It’s the first contract with OpenAI listed on the Department of Defense’s website. In December, OpenAI said it would collaborate with defense technology startup Anduril to deploy advanced AI systems for “national security missions.”Trump Organization enters telecommunicationsThe Trump Organization, a company owned by the current U.S. President, on Monday announced a mobile phone plan and a $499 smartphone set to launch in September. The company’s new foray into telecommunications mainly comprises a licensing agreement. On Friday, the president reported that he had made more than $8 million in 2024 from various licensing agreements.[PRO] What would it take for markets to react?Equity and energy markets appeared to shake off concerns of a wider conflict in the Middle East on Monday, reversing some of the moves from late last week. Such a response to geopolitical conflict is not unusual, according to one strategist, who explained what it would take for markets to feel the effects of the hostilities.And finally...Sven Hoppe | Picture Alliance | Getty Images“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus.Gold outshines Treasurys, yen and Swiss franc as the ultimate safe havenGold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens such as the Japanese yen, Swiss franc, and U.S. Treasurys — compelling investors to rethink what true safety looks like in the face of fiscal sustainability concerns and looming wars.At the heart of gold’s appeal is its freedom from government liabilities, market experts gathered at the annual Asia Pacific Precious Metals Conference told CNBC on Monday.“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. “When an investor owns Treasurys, other sovereign bonds and even currencies, they are ultimately buying into the respective economy,” he said.
Since 1997, the Alliance Coal Scholars Program has provided $599,000 to 275 college-bound high school seniors, including $49,000 awarded to their exemplary teachers.TULSA, Okla., June 16, 2025 /PRNewswire/ -- Alliance Resource Partners, L.P. (NASDAQ:ARLP) announced this week the names of eight outstanding graduating high school seniors who will receive college scholarships through the Alliance Coal Scholars Program. Visit www.CoalBenefits.com/scholars-winners to see pictures and more information about the 2025 scholarship recipients. The company also announced the three teachers chosen by the top-ranked students to receive Teacher Achievement Awards.All scholarship award recipients are children of Alliance Coal employees and are pursuing postsecondary education in college or vocational school programs. The Alliance Coal Scholars Program acknowledges these students' academic achievements, contributions to their communities and leadership in school activities."We proudly recognize the accomplishments of these scholars and take this opportunity to thank their parents and teachers who helped them succeed," said Christi Henson, Manager, Human Resource Services. "Supporting these talented graduates as they pursue their future goals is a privilege we deeply value."The Alliance Coal Scholars Program annually grants renewable scholarships of $2,000 to three students and five $1,000 scholarships to the next highest-ranking candidates. The program helps Alliance Coal identify and cultivate top talent for the future while commending these ...Full story available on Benzinga.com
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’ The New York TimesTrump’s ‘revenge tax’ could threaten foreign investment into US, analysts say The GuardianAmerica’s tax on foreign investors The EconomistTrump's energy dominance agenda could be ravaged by Section 899 Reuters'Collateral damage': Fund managers lobby Congress over Section 899 to avert foreign investors leaving the U.S. CNBC
Mali court orders Barrick operations to be handed over to provisional administrator The Globe and MailCanadian gold miner placed under temporary provisional administration in Mali CTV NewsBarrick Holding Firm Through ICSID Arbitration Amid Malian Court Ruling Toronto StarBarrick stripped of gold mine operation for six months by Mali court BNN BloombergMali to Take Control of Key Barrick Gold Mine for Six Months Bloomberg.com
The development follows months of tension over a new fiscal pact for the Loulo-Gounkoto gold operations
The new Hyundai IONIQ 6 has some seriously impressive range, more than the Kia EV4 ElectrekHyundai set to debut ambitious high-performance electric sedan. Will the Ioniq 6 N make a big statement? USA TodayOur Hyundai Ioniq 6 Is Almost as Fast as a Porsche Taycan MotorTrendHyundai Ioniq 6 N Teaser Is Our Best Look at the New Hi-Po EV Sedan Car and DriverAnticipation builds faster — Hyundai’s IONIQ 6 N Line revs up performance ECOticias.com El Periódico Verde
Toronto, Ontario--(Newsfile Corp. - June 16, 2025) - Jay Rana, Head of J.P. Morgan Asset Management Advisor Business in Canada, J.P. Morgan Asset Management Canada ("JPMAM" or the "Company") and his team, joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate...
V. Gerard Comizio, Leading Authority on Digital Currencies Law and Regulation, Will Head the New Practice Group ALEXANDRIA, Va., June 16, 2025 /PRNewswire/ -- Falcon Capital Advisors, a leading management consulting firm providing strategic advice, risk management expertise, and...
The mogul's lawyers had argued that prosecutors were exploiting a minor issue to “strike yet another black male from the jury.”
MADISON, Wis., June 16, 2025 /PRNewswire/ -- Madison Liquidators proudly announces the addition of the Conversa Series by KFI Studios to its growing portfolio of high-design commercial office furniture. This new line of modular guest seating is a bold step forward in both form and...
23andMe's former CEO agrees to buy the company for $305 million Axios23andMe’s founder wins bid to regain control of bankrupt DNA testing firm The GuardianAnne Wojcicki wins back 23andMe, this time as a nonprofit statnews.comFormer CEO Anne Wojcicki prevails in 23andMe auction, with final $305M bid Fierce Biotech23andMe Reaches Agreement for Sale of Business to TTAM GlobeNewswire
Fartcoin (CRYPTO: FARTCOIN) is emerging as a surprising meme coin frontrunner, gaining traction even as the broader meme coin market corrects. Despite being a recent listing on Coinbase, it has outperformed Dogecoin and Pepe over the past week, buoyed by rising volume and unexpected price resilience.CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendFartcoin (CRYPTO: FARTCOIN)$1.26$1.6 billion -4.1%+14.4% Dogecoin (CRYPTO: DOGE)$0.1780$26.6 billion+1.2% -2.9% Shiba Inu (CRYPTO: SHIB)$0.00001219$7.2 billion+1.7% -2.8% Trader Notes: In a X post on Monday, Unipcs aka Bonk Guy highlighted Fartcoin's explosive performance on Coinbase, now outperforming veteran meme coins in trading volume. Notably, FARTCOIN's entire rally occurred before its Coinbase debut, its listing on the U.S.’s largest ...Full story available on Benzinga.com
Population Projections: The World’s Top Countries by 2100 Visual Capitalist
BEIJING, June 15, 2025 /PRNewswire/ -- While the second China-Central Asia Summit is set to open, preparations are in full swing in Astana as public and scholars eagerly anticipate the event, the Global Times observed on Sunday. At the invitation of President of the Republic of Kazakhstan...
Beijing’s focus on jobs and consumption shows signs of success, but risks remain as Middle East tensions linger.
Real estate investment firm cites Huntsville's fundamentals and new federal presence as key drivers of growthALPHARETTA, Ga., June 15, 2025 /PRNewswire/ -- DDB Capital Fund LLC, a premier real estate investment firm based in Alpharetta, Georgia, announced today that it is increasing its commitment to North Alabama, even as many national developers and institutional capital sources pull back amid market uncertainty. ...Full story available on Benzinga.com
China outpaces the West by several years in a promising economic sector: modular nuclear reactors. Farmingdale Observer“Mini Nuclear Breakthrough”: China Activates World’s First Compact Reactor to Deliver Clean Energy to Over Half a Million HomesPlant Set to Power Over Half a Million Homes in China Sustainability TimesSmall Modular Reactors Market Top Players- General Atomics, openPR.com“China Leaves West in the Dust”: Its Small Nuclear Reactor Leap Puts Beijing Years Ahead in the Future of Clean Energy Sustainability Times
On Sunday, Israel launched a series of airstrikes across Iran. That marks the third day of violence between the two nations. U.S. futures were rose Sunday night local time, while Asia-Pacific markets climbed Monday. China’s retail sales in May jumped 6.4% from a year earlier, sharply beating analysts’ estimates of 5% growth. Prices of safe-haven assets pulled back on Monday after investors piled into them after Israel’s attack on Iran Friday. Oil prices surged Monday, extending Friday’s gains, as investors feared a disruption to oil supply from Iran. Taiwan’s trade authority added Huawei and SMIC, as well as a host of their subsidiaries, to its ”Strategic High-Tech Commodities Entity List.” Even though stocks fell on the eruption of conflict between Israel and Iran, the market appeared resilient, wrote CNBC’s Michael Santoli. Israel’s airstrikes on Iran Friday sent reverberations through financial markets.Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil producer in 2023, would be disrupted.Prices of gold, the stalwart shelter in times of crises, rose. Investors flock to the precious metal amid uncertainty because it serves as a stable store of value that is mostly resistant against exogenous shocks, such as inflation or geopolitical conflicts.And the dollar strengthened, as it is wont to do when the world looks ugly. Recall the dollar smile: The greenback will appreciate when things are really good because investors want in on U.S. risk assets, or when they are really bad because investors want in on the perceived safety of U.S. government bonds.The fact that the dollar increased in value against other currencies traditionally perceived as safe havens, such as the Swiss franc and Japanese yen, emphasizes the primacy of king dollar, despite rumblings of de-dollarization and concerns over U.S. government debt.Stocks, the financial risk asset epitomized, fell across markets globally.Despite the markets giving multiple indications we are entering a period of ugliness — or, at least, volatility — U.S. stocks still appear resilient, and the surge in oil prices only brings us back to where they were about three months ago as prices have been low since, CNBC’s Michael Santoli wrote.In fact, U.S. futures ticked up on Monday, while the dollar index and gold prices dipped. In combination, those moves suggest investors are operating with a cooler head now after the initial panic.The markets have, indeed, mostly shrugged off Russia’s invasion of Ukraine and the Israel-Hamas war, both of which are still brewing. If those scenarios are any indication, financial markets might find steady ground again.What you need to know todayIsrael-Iran conflict enters fourth dayThe conflict between Israel and Iran entered a fourth day as both countries began a new round of attacks on Monday, according to NBC News. Armed conflict broke out when Israel struck Iran’s nuclear facilities early Friday local time. In retaliation, Iran launched more than 100 drones toward Israeli territory. Those events are likely just the beginning in a rapid cycle of escalation, according to regional analysts.Stocks rebound on MondayU.S. futures rose Sunday night local time. On Friday, fears of a wider conflict in the Middle East sent stocks lower. The S&P 500 lost 1.13%, the Dow Jones Industrial Average fell 1.79% and the Nasdaq Composite retreated 1.3%. Asia-Pacific markets rose Monday. Japan’s Nikkei 225 and South Korea’s Kospi index were the top performers, with both rising more than 1%. In Australia, shares of energy company Santos surged as much as 15% after it received a non-binding takeover offer of $18.72 billion by an Abu Dhabi’s National Oil Company-led group.Retail sales in China surges in MayChina’s retail sales in May jumped 6.4% from a year earlier, data from National Bureau of Statistics showed Monday, accelerating from the 5.1% growth in the previous month. Analyst expectations were sharply lower at 5%, according to a Reuters poll. Linghui Fu, NBS spokesperson, attributed the improving consumption in May to the ongoing consumer goods trade-in program.Demand for safe-haven assets abatesPrices of safe-haven assets pulled back on Monday after investors piled into them following Israel’s attack on Iran Friday. The dollar index, a measurement of the strength of the U.S. dollar against other major currencies, dipped 0.07% after rallying 0.3% on Friday. Likewise, spot gold slipped 0.1% and gold futures for August delivery retreated 0.25% Monday, chipping away at Friday’s gains of 1.4% and 1.5%, respectively.Oil prices jumpOil prices surged as investors feared a disruption to oil supply from Iran. As of Monday afternoon Singapore time, U.S. crude oil rose 1.23% to $73.88 a barrel, adding to its 7.26% jump on Friday. The global benchmark Brent climbed 0.94% to $74.96 a barrel, following Friday’s 7.02% surge. The CEOs of two major energy companies were hesitant to predict where oil prices could go.Taiwan blacklists Huawei and SMICTaiwan’s trade authority added Huawei and SMIC, as well as a host of their subsidiaries, to its “Strategic High-Tech Commodities Entity List.” Taiwan’s current regulations require licenses from regulators before domestic firms can ship products to parties on the entity list. The move effectively puts Huawei and SMIC on a trade blacklist, further aligning Taiwan’s trade policy with that of the United States. [PRO] U.S. stocks still look resilientEven though stocks fell on the eruption of conflict between Israel and Iran, the market appeared resilient, wrote CNBC’s Michael Santoli. This week, while hostilities between the two Middle East countries will continue weighing on investors’ minds, they should not lose sight of the Federal Reserve’s rate-setting meeting, which concludes Wednesday.And finally...aviation-images.com | Universal Images Group | Getty ImagesThe Boeing 787-9 civil jet airplane of Vietnam Airlines performs its flight display at the 51st Paris International Airshow in Le Bourget near Paris, France. (Photo by: aviation-images.com/Universal Images Group via Getty Images)Boeing Dreamliner crash, military escalations darken mood at Paris Air ShowKelly Ortberg’s first Paris Air Show as Boeing CEO was set to be relatively upbeat.Under his leadership that began in August, the company has made strides in ramping up production of its bestselling 737 Max jets, increasing cash-generating deliveries of new planes, and indicating that it’s turning a corner from a series of manufacturing and safety crises and years of lost ground to rival Airbus. Shares are up more than 13% this year, outpacing the S&P 500.But after an Air India flight crashed on Thursday, marking the first fatal air disaster of a Boeing Dreamliner, Ortberg canceled plans to go to the massive air show that begins Sunday.
KANANASKIS — Canadian fighter jets were deployed to intercept a private, civilian plane that violated restricted airspace above Kananaskis, Alta., where G7 leaders are gathering for meetings.
By Ellen Milligan Jun 15, 2025 (Bloomberg) –UK Prime Minister Keir Starmer said he has no doubts that the Aukus defense pact with the US and Australia will continue despite President...
On Sunday, Israel launched a series of airstrikes across Iran. That marks the third day of violence between the two nations. U.S. futures were rose Sunday night local time, while Asia-Pacific markets climbed Monday. China’s retail sales in May jumped 6.4% from a year earlier, sharply beating analysts’ estimates of 5% growth. Prices of safe-haven assets pulled back on Monday after investors piled into them after Israel’s attack on Iran Friday. Oil prices surged Monday, extending Friday’s gains, as investors feared a disruption to oil supply from Iran. Taiwan’s trade authority added Huawei and SMIC, as well as a host of their subsidiaries, to its ”Strategic High-Tech Commodities Entity List.” Even though stocks fell on the eruption of conflict between Israel and Iran, the market appeared resilient, wrote CNBC’s Michael Santoli. Israel’s airstrikes on Iran Friday sent reverberations through financial markets.Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil producer in 2023, would be disrupted.Prices of gold, the stalwart shelter in times of crises, rose. Investors flock to the precious metal amid uncertainty because it serves as a stable store of value that is mostly resistant against exogenous shocks, such as inflation or geopolitical conflicts.And the dollar strengthened, as it is wont to do when the world looks ugly. Recall the dollar smile: The greenback will appreciate when things are really good because investors want in on U.S. risk assets, or when they are really bad because investors want in on the perceived safety of U.S. government bonds.The fact that the dollar increased in value against other currencies traditionally perceived as safe havens, such as the Swiss franc and Japanese yen, emphasizes the primacy of king dollar, despite rumblings of de-dollarization and concerns over U.S. government debt.Stocks, the financial risk asset epitomized, fell across markets globally.Despite the markets giving multiple indications we are entering a period of ugliness — or, at least, volatility — U.S. stocks still appear resilient, and the surge in oil prices only brings us back to where they were about three months ago as prices have been low since, CNBC’s Michael Santoli wrote.In fact, U.S. futures ticked up on Monday, while the dollar index and gold prices dipped. In combination, those moves suggest investors are operating with a cooler head now after the initial panic.The markets have, indeed, mostly shrugged off Russia’s invasion of Ukraine and the Israel-Hamas war, both of which are still brewing. If those scenarios are any indication, financial markets might find steady ground again.What you need to know todayIsrael-Iran conflict enters fourth dayThe conflict between Israel and Iran entered a fourth day as both countries began a new round of attacks on Monday, according to NBC News. Armed conflict broke out when Israel struck Iran’s nuclear facilities early Friday local time. In retaliation, Iran launched more than 100 drones toward Israeli territory. Those events are likely just the beginning in a rapid cycle of escalation, according to regional analysts.Stocks rebound on MondayU.S. futures rose Sunday night local time. On Friday, fears of a wider conflict in the Middle East sent stocks lower. The S&P 500 lost 1.13%, the Dow Jones Industrial Average fell 1.79% and the Nasdaq Composite retreated 1.3%. Asia-Pacific markets rose Monday. Japan’s Nikkei 225 and South Korea’s Kospi index were the top performers, with both rising more than 1%. In Australia, shares of energy company Santos surged as much as 15% after it received a non-binding takeover offer of $18.72 billion by an Abu Dhabi’s National Oil Company-led group.Retail sales in China surges in MayChina’s retail sales in May jumped 6.4% from a year earlier, data from National Bureau of Statistics showed Monday, accelerating from the 5.1% growth in the previous month. Analyst expectations were sharply lower at 5%, according to a Reuters poll. Linghui Fu, NBS spokesperson, attributed the improving consumption in May to the ongoing consumer goods trade-in program.Demand for safe-haven assets abatesPrices of safe-haven assets pulled back on Monday after investors piled into them following Israel’s attack on Iran Friday. The dollar index, a measurement of the strength of the U.S. dollar against other major currencies, dipped 0.07% after rallying 0.3% on Friday. Likewise, spot gold slipped 0.1% and gold futures for August delivery retreated 0.25% Monday, chipping away at Friday’s gains of 1.4% and 1.5%, respectively.Oil prices jumpOil prices surged as investors feared a disruption to oil supply from Iran. As of Monday afternoon Singapore time, U.S. crude oil rose 1.23% to $73.88 a barrel, adding to its 7.26% jump on Friday. The global benchmark Brent climbed 0.94% to $74.96 a barrel, following Friday’s 7.02% surge. The CEOs of two major energy companies were hesitant to predict where oil prices could go.Taiwan blacklists Huawei and SMICTaiwan’s trade authority added Huawei and SMIC, as well as a host of their subsidiaries, to its “Strategic High-Tech Commodities Entity List.” Taiwan’s current regulations require licenses from regulators before domestic firms can ship products to parties on the entity list. The move effectively puts Huawei and SMIC on a trade blacklist, further aligning Taiwan’s trade policy with that of the United States. [PRO] U.S. stocks still look resilientEven though stocks fell on the eruption of conflict between Israel and Iran, the market appeared resilient, wrote CNBC’s Michael Santoli. This week, while hostilities between the two Middle East countries will continue weighing on investors’ minds, they should not lose sight of the Federal Reserve’s rate-setting meeting, which concludes Wednesday.And finally...aviation-images.com | Universal Images Group | Getty ImagesThe Boeing 787-9 civil jet airplane of Vietnam Airlines performs its flight display at the 51st Paris International Airshow in Le Bourget near Paris, France. (Photo by: aviation-images.com/Universal Images Group via Getty Images)Boeing Dreamliner crash, military escalations darken mood at Paris Air ShowKelly Ortberg’s first Paris Air Show as Boeing CEO was set to be relatively upbeat.Under his leadership that began in August, the company has made strides in ramping up production of its bestselling 737 Max jets, increasing cash-generating deliveries of new planes, and indicating that it’s turning a corner from a series of manufacturing and safety crises and years of lost ground to rival Airbus. Shares are up more than 13% this year, outpacing the S&P 500.But after an Air India flight crashed on Thursday, marking the first fatal air disaster of a Boeing Dreamliner, Ortberg canceled plans to go to the massive air show that begins Sunday.
Raise a glass to the Bruce St. Beer Store, which closed today SooToday.comThe Beer Store is closing another 10 Ontario locations. Here’s where they are and where to take your empties Inside HaltonCLOSURE: Multiple Beer Store locations shutting down this weekend in Ontario INsaugaOpinion | Convenience leaving Beer Stores stranded The RecordMany more Beer Store locations in Ontario to shut down this summer blogTO
NEW YORK, June 15, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE:IBTA): (1) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with Ibotta's April 18, 2024 initial public offering (the "IPO"); or (2) between April 18, 2024 and February 26, 2025, inclusive (the "Class Period"), of the important June 16, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.SO WHAT: If you purchased Ibotta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.WHAT TO DO NEXT: To join the Ibotta class action, go to https://rosenlegal.com/submit-form/?case_id=36526 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 16, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.Full story available on Benzinga.com
With up to three years of follow-up, a single dose of lonvo-z led to a 98% mean reduction in monthly HAE attack rate in all 10 patients All 10 patients were attack-free and treatment-free for a median of 23 months through the latest follow-up, demonstrating the potential of lonvo-z to become the first one-time therapy for most HAE patientsLonvo-z was well tolerated and continues to demonstrate a favorable safety profile The global Phase 3 HAELO trial of lonvo-z has concluded screening ahead of schedule with more than half screened from U.S. sites; Intellia to provide an update on enrollment in the futureCAMBRIDGE, Mass., June 15, 2025 (GLOBE NEWSWIRE) -- Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage gene editing company focused on revolutionizing medicine with CRISPR-based therapies, today announced three-year follow-up data from the Phase 1 portion of the ongoing Phase 1/2 study in patients with HAE after receiving a single dose of lonvoguran ziclumeran (lonvo-z, also known as NTLA-2002). Results were shared in an oral presentation at the European Academy of Allergy and Clinical Immunology (EAACI) Congress 2025, held June 13-16 in Glasgow, United Kingdom."Today's results underscore the promising potential of Intellia's approach to gene editing therapy – a one-time treatment that was well tolerated and offered a highly differentiated, durable effect for patients suffering from a serious disease," said Intellia President and Chief Executive Officer John Leonard, M.D. "Seeing all 10 patients in the Phase 1 portion of this study free from both HAE attacks and chronic therapy at nearly two years of median follow-up is incredibly encouraging. These data fuel our optimism for the outcomes of our ongoing Phase 3 HAELO study, which we expect to report in the first half of 2026, and highlight the strong value we believe it will offer patients, physicians and payers.""People living with HAE often report a reduced quality of life because they worry about the likelihood of their next attack, either because they still experience attacks or are reminded of it by their use of chronic therapy," said Dr. Joshua Jacobs, Medical Director, Allergy and Asthma Clinical Research, Inc. "Based on the data, it is reasonable to expect lonvo-z could offer patients the potential to be free from both physical HAE attacks and the burden of managing chronic HAE treatment."In the Phase 1 portion of the study, a one-time dose of 25 mg (N=3), 50 mg (N=4) or 75 mg (N=3) of lonvo-z was administered via intravenous infusion and plasma kallikrein protein levels were measured along with HAE attacks. At the time of the February 12 data cutoff, patients were attack-free and treatment-free for a median of nearly two years. With up to three years of follow-up, a single dose of lonvo-z led to a mean reduction in monthly HAE attack rate of 98% over the study period, compared to pre-treatment baseline. For all 10 ...Full story available on Benzinga.com
Ever feel like you’re stuck in a loop trying to come up with fresh social media posts? It’s...The post Unleash Your Creativity with the Ultimate AI Social Media Post Generator appeared first on TechAnnouncer.
The six states with the most credit card debt revealed as borrowing smashes records Daily Mail
NEW YORK, June 15, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of West Pharmaceutical Services, Inc. (NYSE:WST) between February 16, 2023 and February 12, 2025, both dates inclusive (the "Class Period"), of the important July 7, 2025 lead plaintiff deadline.SO WHAT: If you purchased West common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.WHAT TO DO NEXT: To join the West class action, go to https://rosenlegal.com/submit-form/?case_id=39367 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 7, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful ...Full story available on Benzinga.com
A tech employee recently discovered a jaw-dropping pay gap between them and a colleague with the same title and similar experience. While they earn $60,000 a year, their coworker, “John,” makes $115,000. The two work at a large tech company, and the disparity sparked a flood of advice and opinion on Reddit.A Merger, A Staffing Agency And Two Very Different PaychecksThe original poster explained that they lead two teams—including one that the poster built from scratch—while John is just a member of one. They have been at the company for two years; John has been there for three. The key difference is that John came from a startup that was acquired by the tech giant, keeping his original salary intact. The poster, on the other hand, was hired post-merger through a staffing agency.Don't Miss:Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share.Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can invest with $1,000 at just $0.30/share.“He was hired as part of a startup that was bought by this tech company,” OP wrote. “As such, his higher pay carried over after the merge. I was hired ...Full story available on Benzinga.com
Democrats Download New Talking Point: Padilla Is "A Very Mild Mannered Man" Authored by Steve Watson via modernity.news,Following California Democrat Senator Alex Padilla’s unhinged meltdown where he aggressively confronted DHS Secretary Kristi Noem, Democrats all apparently received a firmware update with a fresh talking point.Padilla lurched unannounced toward Noem, ranting and raving about mass deportations, before security quickly intervened.Padilla’s behaviour was so insane that even CNN denounced it, praising the security officials who confronted him and took him down.This analysis is exactly right. He wasn’t forced out for just ‘asking a question’ pic.twitter.com/zzG3bzqcMP— Andy Lancaster (@andylancaster) June 12, 2025Democrats didn’t see angry or aggressive though, they just need everyone to know that Padilla is “a very mild mannered man.”Were you aware that Senator Alex Padilla is very mild-mannered? pic.twitter.com/aLTBJs6WyA— Western Lensman (@WesternLensman) June 13, 2025Creepy.pic.twitter.com/CaCWIG038S— round2 (@Sissy_Sunflower) June 13, 2025Every time.— Western Lensman (@WesternLensman) June 13, 2025Operation Mockingbird is in high gear— Tizmo (@Tizmo1776) June 14, 2025Padilla wasted no time in using the stupid stunt to send out mass fundraising emails.Right on schedule, Democrat Sen. Alex Padilla turned his stunt where he tried to get past security into a campaign fundraising opportunity. https://t.co/Qhu3ARippk pic.twitter.com/s1armDxrlG— Steve Guest (@SteveGuest) June 13, 2025Grifters gonna grift.NEW: Sen. ALEX PADILLA, along with fellow California Sen. ADAM SCHIFF and the DNC are fundraising off of Padilla being removed from yesterday’s DHS press conference in Los Angeles pic.twitter.com/FJLVjySntf— Julia Manchester (@JuliaManch) June 13, 2025After all, the USAID slush fund has been cut off and they have to get money to defend illegal alien criminals from somewhere else.That’s the only way the can raise money. They have to have photo ops. They don’t have ideas.— HereToday 2.0 (@ChrisMeier35141) June 13, 2025Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews. Tyler DurdenSun, 06/15/2025 - 10:30
Popular cereal brand pulls fan favorite flavors from shelves — and fans are not happy about it: ‘I’m so sad’ New York Post
These Are The Best College Degrees For Finding A Job In The US Which college degrees are the best for finding a job?This graphic, via Visual Capitalist's Bruno Venditti, uses recent data compiled by the Federal Reserve Bank of New York to examine the careers that offer the best prospect and their respective median salaries.Scarcity Meets Earning PotentialNutrition Sciences tops the list, with only 0.4% unemployment rate. Graduates can expect a median salary of $75,000 by age 35-45.Construction Services and Animal & Plant Sciences follow, also with low unemployment rate (0.7% and 1.0%, respectively), but diverge significantly in earnings—$100,000 versus $70,000 per year.Science, Technology, Engineering, and Mathematics-related degrees (STEM) tend to yield high returns.Aerospace Engineering, for example, ranks eighth in unemployment rate but first in compensation within this list at $125K. Similarly, Mechanical, Electrical, and Chemical Engineering all boast six-figure salaries while having unemployment rates between 1.5–2.2%.RankField of StudyUnemployment Rate (%)Median Salary1Nutrition Sciences0.4%$75K2Construction Services0.7%$100K3Animal & Plant Sciences1.0%$70K4Civil Engineering1.0%$100K5Special Education1.0%$55K6Agriculture1.2%$75K7Early Education1.3%$49K8Aerospace Engineering1.4%$125K9Nursing1.4%$84K10Earth Sciences1.5%$88K11Mechanical Engineering1.5%$115K12Social Services1.7%$54K13Elementary Education1.8%$53K14Accounting1.9%$88K15Engineering Technologies1.9%$100K16Chemical Engineering2.0%$120K17Electrical Engineering2.2%$120K18Health Services2.2%$65K19Business Analytics2.4%$100K20General Engineering2.4%$100K21Miscellaneous Education2.5%$60K22Environmental Studies2.6%$75K23Ethnic Studies2.6%$83KEducation-related fields like Early Childhood Education (1.3%, $49,000) and Special Education (1.0%, $55,000) show lower median earnings despite low unemployment rate, highlighting the income disparity across academic disciplines.Fields like Business Analytics and General Engineering have 2.4% unemployment rate, with both yielding strong salaries of $100,000.Meanwhile, areas such as Ethnic Studies and Environmental Studies offer moderate pay ($83,000 and $75,000, respectively) with 2.6% unemployment rate.These Are the Worst Degrees for Finding a JobIn a previous graphic, we listed the worst degrees for finding a job. At the top of the list is anthropology, with an unemployment rate of 9.4%, the highest rate analyzed.Fine arts and sociology follow closely, with unemployment rates of 7.0% and 6.7%, respectively. These degrees tend to offer mid-career salaries around $70,000, placing them on the lower end of the earnings spectrum.Interestingly, some of the highest-paying degrees also have relatively high unemployment rates.For instance, computer engineering majors earn a median of $122,000 mid-career, but face a 7.5% unemployment rate. Physics ($100,000) and computer science ($115,000) also show above-average jobless rates, at 7.8% and 6.1%, respectively.If you enjoyed today’s post, check out the Highest Paying College Majors on Voronoi, the new app from Visual Capitalist. Tyler DurdenSat, 06/14/2025 - 22:45
"I can feel the weight of abandoning these people who have written over the years, ‘You saved my life,’ ‘I got sober because of you.' And there’s part of me that’s like, ‘Are they going to be ok?'" Maron said.
Clouds Over Bluesky: The Left's Social Media Safe Space Under Fire For Intolerant And Hateful Postings Authored by Jonathan Turley via jonathanturley.org,Bluesky has become a safe space for liberals seeking to avoid the triggering presence of opposing views since the Trump reelection. The relatively small site now has over 30 million followers (in comparison 260 million for X and 3 billion on Facebook). Now, however, users like billionaire Mark Cuban are complaining that Bluesky is just another intolerant echo chamber on the left and some are reportedly returning to X.Jaap Arriens / Sipa USA via APBillionaire Mark Cuban was one of the early champions of the site, writing “Hello Less Hateful World” in joining the site in November 2024.At the time, some of us criticized the premise of the Bluesky devotees. Many supported the anti-free speech and censorship efforts during the Biden Administration. Bluesky offered a replication of the echo chamber in higher education, where liberals can go unchallenged or uncontradicted. This included some of the most intolerant figures in media, academia, and the government.Now, Cuban and others are experiencing what many of us have lived through in higher education for years, an orthodox environment where even marginal disagreements are treated as litmus tests.Cuban this week decried that “Even if you agree with 95% of what a person is saying on a topic, if there is one point that you might call out as being more of a gray area, they will call you a fascist etc.”In his post on Monday, Cuban notes that “the replies on here may not be as racist as Twitter, but they damn sure are hateful. Talk AI: FU, AI sucks go away. Talk Business: Go away. Talk Healthcare: Crickets.”“Because the Musk and Trump haters are the largest and most passionate group, the result is something of an echo chamber where it’s hard to get positive engagement unless you’re saying things progressives want to hear — and where the negative engagement on things they don’t want to hear can be intense.”The problem is that many users went to Bluesky because they did not want to be challenged in a free-speech environment. It is a site for those who do not wish to be “triggered” by opposing views. If you only watch MSNBC and post on Bluesky, you can live within a hermetically sealed liberal space without the fear of contradiction or opposition.Ultimately, 30 million users are not a significant threat to social media companies like X or Facebook. The hope that Bluesky would drain X of revenue has not materialized. Analysts are reporting that X appears to be rebounding after years of boycotts and ad revenue could grow by 17.5% to $1.31 billion, with global ad sales expected to rise by 16.5% to $2.26 billion.Bluesky will still be able to capitalize off the draw as a safe space draw for the left with uniformly favorable media coverage. It also offers a concentrated membership of liberal users for Democratic politicians and pundits. However, it does little in terms of impact outside of that space.That is the reason why most liberal politicians and pundits are still actively posting on X. Some belong to both — engaging a broader audience on issues on X while retreating to the safe space of Bluesky for reaffirmation.However, it is harmful to the left in further insulating themselves from reality. Take a typical user like a Harvard professor who watches MSNBC and reads the New York Times. She then goes to work at a university with a faculty that has less than three percent of conservatives or Republicans and less than ten percent conservative or Republican students. She then goes to Bluesky to converse within a liberal ecosystem on social media. It is a virtual bio-containment tent that filters out any discordant elements.The reason that many on the left were shocked by the election results is that they lived within these protected spaces. They have removed themselves further from the majority of this country, disengaging with anyone who objects to their priorities and values. Within that echo chamber, opposing views become more intolerable and shocking.Bluesky will continue to be a draw for free-speech-phobic and viewpoint-intolerant users. Fortunately, most people want to be part of a larger discourse and engage with the world around them, despite the presence of trolls and hateful commentators.Cuban’s call for greater diversity of thought on Bluesky is unlikely to alter the culture of a site that is maintained as a safe space for liberals. That cloistered environment only increases sensitivity and intolerance for opposing views. It is akin to developing an immune deficiency from a lack of exposure to certain elements.If Cuban and others want robust debate, they will not find it in digital safe spaces like Bluesky. Tyler DurdenSat, 06/14/2025 - 22:10
Oil Prices Jump After Israel Strikes Iran — 2 Top Energy Stocks to Watch Now TipRanksRising oil prices on Israel attack on Iran could revive Canadian dollar's 'petrocurrency status,' analysts say Financial PostWhat an Israel-Iran war means for oil prices The EconomistStock Market News Today, 6/13/25 – Futures Down as Israel Launches Strikes on Iran The Globe and MailTraders pile into $80 US oil bets as tensions rise in Middle East BOE Report
The luxury home furnishing retailer reported higher revenue for the first quarter of fiscal 2025. Its stock price surged nearly 7 percent on June 13.
MALVERN, PA — Prelude Solutions has been named the 2024 Corporate Services Supplier of the Year by American Water, the largest publicly traded water and wastewater utility company in the ...
‘This is ridiculous’: Woss man after Island Health pays to taxi him to Victoria appointment and back CHEK News
AI disruption is “unnerving investors in every industry, and it’s totally disrupting our business,” WPP’s outgoing boss Mark Read told CNBC. The advertising market is under threat from emerging generative AI tools that can be used to generate pieces of content at rapid pace. The advertising industry is undergoing a “huge transformation” due to AI’s disruptive effects, according to Publicis Groupe CEO Maurice Levy.Artificial intelligence is shaking up the advertising business and “unnerving” investors, one industry leader told CNBC.“I think this AI disruption ... unnerving investors in every industry, and it’s totally disrupting our business,” Mark Read, the outgoing CEO of British advertising group WPP, told CNBC’s Karen Tso on Tuesday.The advertising market is under threat from emerging generative AI tools that can be used to materialize pieces of content at rapid pace. The past couple of years has seen the rise of a number of AI image generators, including OpenAI’s DALL-E, Google’s Veo and Midjourney.In his first interview since announcing he would step down as WPP boss, Read said that AI is “going to totally revolutionize our business.”“AI is going to make all the world’s expertise available to everybody at extremely low cost,” he said at London Tech Week. “The best lawyer, the best psychologist, the best radiologist, the best accountant, and indeed, the best advertising creatives and marketing people often will be an AI, you know, will be driven by AI.”Read said that 50,000 WPP employees now use WPP Open, the company’s own AI-powered marketing platform.“That, I think, is my legacy in many ways,” he added.Structural pressure on creative parts of the ad business are driving industry consolidation, Read also noted, adding that companies would need to “embrace” the way in which AI would impact everything from creating briefs and media plans to optimizing campaigns.A report from Forrester released in June last year showed that more than 60% of U.S. ad agencies are already making use of generative AI, with a further 31% saying they’re exploring use cases for the technology.‘Huge transformation’Read is not alone in this view. Advertising is undergoing a “huge transformation” due to the disruptive effects of AI, French advertising giant Publicis Groupe’s CEO Maurice Levy told CNBC at the Viva Tech conference in Paris.He noted that AI image and video generation tools are speeding up content production drastically, while automated messaging systems can now achieve “personalization at scale like never before.” Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffsChime’s IPO will test public market appetite for fintech as companies line up to exitDisney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and moreNvidia CEO says quantum computing is reaching an ‘inflection point’However, the Publicis chief stressed that AI should only be considered a tool that people can use to augment their lives.“We should not believe that AI is more than a tool,” he added.And while AI is likely to impact some jobs, Levy ultimately thinks it will create more roles than it destroys.“Will AI replace me, and will AI kill some jobs? I think that AI, yes, will destroy some jobs,” Levy conceded. However, he added that, “more importantly, AI will transform jobs and will create more jobs. So the net balance will be probably positive.”This, he says, would be in keeping with the labor impacts of previous technological inventions like the internet and smartphones.“There will be more autonomous work,” Levy added.Still, Nicole Denman Greene, analyst at Gartner, warns brands should be wary of causing a negative reaction from consumers who are skeptical of AI’s impact on human creativity.According to a Gartner survey from September, 82% of consumers said firms using generative AI should prioritize preserving human jobs, even if it means lower profits.“Pivot from what AI can do to what it should do in advertising,” Greene told CNBC.“What it should do is help create groundbreaking insights, unique execution to reach diverse and niche audiences, push boundaries on what ‘marketing’ is and deliver more brand differentiated, helpful and relevant personalized experiences, including deliver on the promise of hyper-personalization.”
By Kirsty Needham SYDNEY, June 14 (Reuters) – A key U.S. warship arrived in Australia on Saturday ahead of joint war games and the first summit between Prime Minister Anthony Albanese and...
Sanctuary State Governors Double Down On Illegal Immigration In Tense Capitol Hearing The conflict surrounding the Trump Administration's deportation of illegal aliens is driven by a complex web of NGOs and astroturf activist groups, but Democrat politicians continue to play a considerable role in fomenting civil unrest. State leaders were a key element of the BLM riots in 2020, providing a governmental green light for the mobs by exempting them from covid mandates. City officials ensured that rioters and looters were released without charges, cycling them back out onto the streets to wreak havoc day after day. Other Democrat leaders hobbled local law enforcement and prevented them from intervening in the riots.The pattern seems to be repeating, with Democrats doubling down on their defense of illegal immigration and interfering in ICE operations. The law, once again, is only important to progressives when it works in their favor. When it doesn't, they ignore it.This week multiple Democrat governors defended their sanctuary state policies in a hearing on illegal immigration on Capitol Hill. Illinois Governor JB Pritzker, Minnesota Governor Tim Walz, and New York Governor Kathy Hochul testified at the hearing, asserting that the immigration issue was being overblown by the Trump Administration and diminishing concerns over violent migrant crimes. Tim Walz argued that Trump was using the DHS as his personal "gestapo" and Kathy Hochul called deportations an "assault on American values".Keep in mind that both Walz and Hochul implemented some of the most draconian covid restrictions in the country during the pandemic hysteria, oppressing citizens and rendering their supposed concerns over freedom and "American values" irrelevant. The three governors defended themselves, claiming that immigration enforcement is a federal responsibility, not a state one, and suggested that Republicans on the panel were creating a political spectacle to impress Trump. House Democrats led the criticism of Trump directly, with some calling him a “gangster” or a “dictator” and others lambasting his decision to deploy National Guard troops and U.S. Marines to Los Angeles to maintain control of protests against Immigration and Customs Enforcement raids. “No one here wants to hear these horrific stories. But we have a job to do on limited resources,” Walz said in reference to migrant crimes. He added that it was a mistake for Republicans to say “that not doing ICE’s job means we’re not cooperating.” “Nothing we do precludes them from doing their job,” Walz said. “We have the responsibility of the American public to work together, and I think threatening arrests on elected officials ... doesn’t help any of us.”Democrats have continued to deny that the protests are violent, despite an endless supply of video evidence on social media showing activists looting businesses, burning cars, attacking police and assaulting any counter-protesters that dare to come close to them. After four years of the Biden Administration, leftist protesters are now under the impression that they can do whatever they please without repercussions. The sanctuary efforts of blue states go well beyond the notion of refusing to aid the federal government in deportations. Democrat officials have been caught trying to hide illegal immigrants from DHS. They have attempted to warn migrants when ICE agents are operating in the vicinity. They have even openly encouraged activists and migrants to obstruct or fight ICE agents when they are trying to carry out their duties. Events in Los Angeles this week are the most egregious example so far, with California Governor Gavin Newsom claiming that Trump was "manufacturing a crisis" in LA by trying to enforce immigration laws, but petty interference has been ongoing for many years. The bottom line is this: The majority of voters backed Donald Trump's campaign based in large part on his deportation promises. Not just the deportation of violent criminals, but the deportation of all illegal aliens in the US. The law is the law yet Democrat leaders continue to obstruct, which means they are obstructing the will of the voters, not the will of the Trump Administration. Tyler DurdenSat, 06/14/2025 - 21:35
Cable networks covered President Trump’s Army parade on a busy day of protests, a political assassination and Middle East strikes. ABC, CBS and NBC aired other programming on their affiliates.
HAMPTON, N.J., June 14, 2025 (GLOBE NEWSWIRE) -- Celldex Therapeutics, Inc. (NASDAQ:CLDX) today announced data demonstrating that barzolvolimab profoundly improves angioedema at 52 weeks in the Company’s Phase 2 clinical trial in chronic spontaneous urticaria (CSU). Angioedema, characterized by swelling of the deeper dermal layers of the skin and mucous membranes, is a painful, debilitating symptom of CSU that has significant impact on quality of life. It commonly affects the face (lips and eyelids), hands, feet, and genitalia but can also involve the tongue, uvula, soft palate, and pharynx1.
Washington D.C., June 14, 2025 (GLOBE NEWSWIRE) -- You can find the article here: https://thinkcarebelieve.blog/2025/06/14/week-21-of-americas-progress-under-president-trump/ThinkCareBelieve has published an article on the 21st week of America under the leadership of President Donald J. Trump. America is making strong progress toward prosperity and ThankCareBelieve's article shows this weeks numbers and indicators supporting that. Prices are going down. Tariffs are working. Inflation is gone. The economy is strong and once the One Big Beautiful Bill is passed, the economy will be booming. The article has a report by Maria Bartiromo that the CPI (Consumer Price Index) is out and the numbers are better than expected, surprising everyone. The trade ...Full story available on Benzinga.com
Celebrated, then disparaged: mRNA’s promise is tarnished under Trump The Washington PostWhy Trump turned against ‘gold standard’ mRNA vaccines The HillLatest move against mRNA research is worrying The Boston GlobeThe Next Cancer Breakthrough? Some Lawmakers Want to Ban It. The Journal RecordFact check: HHS misleads on mRNA vaccine safety after pulling Moderna funding NBC4 Washington
7 Issues On The G7 Agenda: The Big Topics Albanese And Trump Could Discuss Authored by Crystal-Rose Jones via The Epoch Times,Australian Prime Minister Anthony Albanese has a full plate ahead of him if he secures a face-to-face meeting with U.S. President Donald Trump at the upcoming G7 summit.The forum, which will run from June 15 to 17 in Canada, serves as a high-profile political and economic forum for key nations to discuss global issues.While a meeting is yet to be confirmed between the leaders, Deputy Nationals Leader Kevin Hogan says Australia’s leader faces an expanding laundry list of negotiations.“It’s vital PM Albanese uses the G7 to make Australia’s case directly to President Trump,” he said on X.While global tariffs that impact Australian beef exports are high on the agenda, it’s not the only elephant in the room.‘Liberation Day’ Tariffs on Aussie BeefTrump’s “Liberation Day” tariffs implement a baseline 10 percent tariff on all Australian exports to America, and are likely the most pressing matter.Australia and the United States have a free trade agreement, so the tariffs are not in response to any levy Australia may have implemented on U.S. goods.Rather the tariffs are likely targeting biosecurity rules and fees that producers say have stonewalled U.S. beef imports trying to enter the country.Under its rules, Australia refuses to take raw U.S. meat products without assurance that the cattle is produced entirely within the United States, with the Australian government concerned that Mexican and Canadian born livestock are also used.The tariffs are a major concern for Australia given it exports about $2.9 billion (US$1.89 billion) of beef to the United States annually—the biggest beef exporter to America.Yet Prime Minister Albanese has said Australia’s biosecurity laws are not up for negotiation, potentially limiting the scope of any discussion.Tariffs on Steel, AluminiumEarlier this month, Trump doubled tariffs on steel and aluminium imports from 25 to 50 percent.“In my judgment, the increased tariffs will more effectively counter foreign countries that continue to offload low-priced, excess steel and aluminium in the United States market and thereby undercut the competitiveness of the United States steel and aluminium industries,” the president said.Australia only exports a small percentage of steel and aluminium to the U.S. so the issue will not be as pressing.Further, Australia’s largest steel producer, BlueScope, already has a factory in the United States.Increasing Defence SpendingAustralia’s slow increase to its defence spending has also raised eyebrows in the states.Only two weeks ago did U.S. Defense Secretary Pete Hegseth call on Australia to up its military spending to 3.5 percent of GDP in response to an aggressive Beijing.Defence spending currently sits at 2.03 percent in the 2024-25 financial year with a plan to reach 2.3 percent by the end of the decade.Australia’s Defence Minister Richard Marles has acknowledged the request, while Albanese has been reticent to pledge anymore funding given the already strained state of the nation’s finances (much of the budget is devoted to welfare services).AUKUS Deal Under ReviewWill the AUKUS agreement sink or swim?It all depends who you ask, with some onlookers concerned (or gleeful) at the prospect of it being annulled, while others like Minister Marles remaining confident the Pentagon’s recently announced review into the deal is nothing unusual.Marles believes Australia will continue its role in AUKUS, and that nuclear subs will be delivered.If Albanese and Trump meet, it will likely become a talking point.Australia’s Tough Approach on IsraelThe Australian Labor government’s icy approach to Israel could also be a major sore point between the nations.Israel and the U.S. remain historic allies, while the Albanese government has taken more obvious steps recently to distance Australia from the Middle East’s only democracy.The U.S. has reprimanded Australia on two occasions—once after Australia denied a visa to a pro-Israel tech blogger, and more recently after two elected Israeli ministers were sanctioned over their beliefs about the disputed Palestinian territories.In both instances, representatives of the U.S. government urged Australia to reconsider its actions.‘Unfair’ Treatment of US Big Tech FirmsAustralia’s regulations and taxes on Big Tech firms could be a major focus from the U.S. perspective.Australia, like the European Union, has a swathe of laws aimed at taxing multinational revenue, which the United States feels targets their companies disproportionately.These include the Diverted Profits Tax, the Undertaxed Profits Tax, and the News Media Bargaining Code.The latter forces tech firms like Google and Meta to pay media outlets for displaying their content—effectively propping up the revenue streams for several major news companies.Tech companies have urged Trump to intervene, complaining of a US$140 million annual loss.Further, the U.S. government’s “One Big Beautiful Bill Act” could impose a 5 percent levy on U.S.-based income or capital gains for Australian taxpayers or companies, in response to what it deems are “unfair” taxes on its companies.Hollywood Down UnderEclectic landscapes, skilled production crews and enticing tax incentives have all made Australia an attractive destination to film big Hollywood productions, and it’s been happening for a while.From the decades-old Matrix to this year’s Captain America: Brave New World, Hollywood seems to love filming in Australia.But that love may not be so reciprocal, at least not from the U.S. government.U.S. Trade Representative Jamieson Greer believes offshore Hollywood movie production is a drain on the U.S. economy, and a 100 percent tariff on American movies filmed outside the U.S. is in the works.While Australia isn’t the only nation offering tax breaks to lure Hollywood productions, the issue could become one more talking point between the two leaders. Tyler DurdenSat, 06/14/2025 - 10:30
If you have a lot of cards, closing a few is unlikely to significantly hurt your credit scores as long as you do so strategically.
WestJet says it is dealing with ‘cybersecurity incident’ CityNews CalgaryView Full Coverage on Google News
These Are The 50 Richest Countries By GDP Per Capita GDP per capita is a rough proxy for a country’s average living standards. A higher GDP per capita usually reflects more economic resources available per person, a signal for prosperity.However, like all statistical measures there are caveats: it doesn’t account for income distribution, quality of life metrics, or how sustainable the economy is.Nevertheless, it is a standard that can be applied to make useful comparisons, while keeping these caveats in mind.So, what are the “richest” countries in the world? Visual Capitalist's Pallavi Rao ranks the top 50 countries by GDP per capita in 2025 using figures from the International Monetary Fund (IMF).All values are in current USD, which means: it is not adjusted for currency rates, cost of living metrics, or inflation.Ranked: The Richest Countries in the World in 2025Luxembourg is the richest country in the world by GDP per capita, $140,941 in 2025.The U.S. is the richest country ($89,105) with a population of more than 10 million.RankCountry/ RegionISO CodeGDP Per Capita1🇱🇺 LuxembourgLUX$140,9412🇮🇪 IrelandIRL$108,9193🇨🇭 SwitzerlandCHE$104,8964🇸🇬 SingaporeSGP$92,9325🇮🇸 IcelandISL$90,2846🇳🇴 NorwayNOR$89,6947🇺🇸 U.S.USA$89,1058🇲🇴 Macao SARMAC$76,3149🇩🇰 DenmarkDNK$74,96910🇶🇦 QatarQAT$71,65311🇳🇱 NetherlandsNLD$70,48012🇦🇺 AustraliaAUS$64,54713🇸🇲 San MarinoSMR$59,60314🇦🇹 AustriaAUT$58,19215🇸🇪 SwedenSWE$58,10016🇧🇪 BelgiumBEL$57,77217🇮🇱 IsraelISR$57,76018🇭🇰 Hong Kong SARHKG$56,03119🇩🇪 GermanyDEU$55,91120🇬🇧 United KingdomGBR$54,94921🇫🇮 FinlandFIN$54,16322🇨🇦 CanadaCAN$53,55823🇦🇪 UAEARE$49,49824🇫🇷 FranceFRA$46,79225🇳🇿 New ZealandNZL$46,12626🇲🇹 MaltaMLT$45,73527🇦🇩 AndorraAND$45,26328🇨🇾 CyprusCYP$41,13229🇮🇹 ItalyITA$41,09130🇵🇷 Puerto RicoPRI$38,60531🇦🇼 ArubaABW$37,77532🇧🇸 BahamasBHS$36,78433🇪🇸 SpainESP$36,19234🇸🇮 SloveniaSVN$35,33235🇧🇳 Brunei DarussalamBRN$34,97036🇰🇷 South KoreaKOR$34,64237🇹🇼 TaiwanTWN$34,42638🇯🇵 JapanJPN$33,95639🇨🇿 Czech RepublicCZE$33,03940🇪🇪 EstoniaEST$32,76041🇬🇾 GuyanaGUY$32,32642🇱🇹 LithuaniaLTU$30,83543🇸🇦 Saudi ArabiaSAU$30,09944🇵🇹 PortugalPRT$30,00245🇰🇼 KuwaitKWT$29,95146🇧🇭 BahrainBHR$28,85747🇸🇰 Slovak RepublicSVK$27,13048🇵🇱 PolandPOL$26,80549🇧🇧 BarbadosBRB$25,90150🇬🇷 GreeceGRC$25,75651🇭🇷 CroatiaHRV$25,67452🇭🇺 HungaryHUN$24,80953🇱🇻 LatviaLVA$24,37454🇺🇾 UruguayURY$22,69355🇦🇬 Antigua& BarbudaATG$22,63056🇰🇳 Saint Kitts& NevisKNA$21,91157🇸🇨 SeychellesSYC$21,63358🇷🇴 RomaniaROU$21,42159🇵🇦 PanamaPAN$20,08060🇨🇷 Costa RicaCRI$19,09561🇵🇼 PalauPLW$18,99362🇴🇲 OmanOMN$18,96663🇧🇬 BulgariaBGR$18,52264🇹🇹 Trinidad& TobagoTTO$18,44565🇲🇻 MaldivesMDV$18,20766🇨🇱 ChileCHL$17,01567🇹🇷 TürkiyeTUR$16,70968🇰🇿 KazakhstanKAZ$14,76869🇱🇨 Saint LuciaLCA$14,49970🇦🇷 ArgentinaARG$14,36271🇷🇺 RussiaRUS$14,25872🇷🇸 SerbiaSRB$14,17473🇨🇳 ChinaCHN$13,68774🇲🇪 MontenegroMNE$13,50875🇹🇲 TurkmenistanTKM$13,33776🇲🇾 MalaysiaMYS$13,14577🇳🇷 NauruNRU$12,72778🇲🇽 MexicoMEX$12,69279🇬🇩 GrenadaGRD$12,59180🇲🇺 MauritiusMUS$12,33281🇩🇴 Dominican RepublicDOM$11,74382🇻🇨 Saint Vincent& the GrenadinesVCT$11,16283🇦🇱 AlbaniaALB$10,52784🇧🇷 BrazilBRA$9,96485🇲🇰 North MacedoniaMKD$9,88286🇩🇲 DominicaDMA$9,86987🇬🇪 GeorgiaGEO$9,57188🇦🇲 ArmeniaARM$8,85789🇬🇦 GabonGAB$8,84290🇵🇪 PeruPER$8,81491🇧🇿 BelizeBLZ$8,64892🇧🇦 Bosnia and HerzegovinaBIH$8,36293🇲🇩 MoldovaMDA$8,26094🇲🇭 Marshall IslandsMHL$8,13395🇨🇴 ColombiaCOL$8,05496🇧🇾 BelarusBLR$7,87597🇯🇲 JamaicaJAM$7,77898🇹🇭 ThailandTHA$7,76799🇬🇶 Equatorial GuineaGNQ$7,750100🇦🇿 AzerbaijanAZE$7,604101🇲🇳 MongoliaMNG$7,201102🇽🇰 KosovoXKX$7,147103🇧🇼 BotswanaBWA$7,021104🇪🇨 EcuadorECU$6,942105🇸🇷 SurinameSUR$6,858106🇱🇾 LibyaLBY$6,801107🇫🇯 FijiFJI$6,740108🇬🇹 GuatemalaGTM$6,698109🇹🇻 TuvaluTUV$6,543110🇵🇾 ParaguayPRY$6,522111🇿🇦 South AfricaZAF$6,397112🇺🇦 UkraineUKR$6,261113🇸🇻 El SalvadorSLV$5,722114🇹🇴 TongaTON$5,721115🇩🇿 AlgeriaDZA$5,691116🇮🇶 IraqIRQ$5,668117🇼🇸 SamoaWSM$5,471118🇨🇻 Cabo VerdeCPV$5,421119🇫🇲 MicronesiaFSM$5,291120🇮🇩 IndonesiaIDN$5,027121🇯🇴 JordanJOR$4,903122🇻🇳 VietnamVNM$4,806123🇳🇦 NamibiaNAM$4,661124🇸🇿 EswatiniSWZ$4,613125🇹🇳 TunisiaTUN$4,528126🇧🇴 BoliviaBOL$4,525127🇲🇦 MoroccoMAR$4,397128🇵🇭 PhilippinesPHL$4,350129🇩🇯 DjiboutiDJI$4,343130🇧🇹 BhutanBTN$4,302131🇻🇪 VenezuelaVEN$4,068132🇮🇷 IranIRN$3,897133🇸🇹 São Tomé & PríncipeSTP$3,569134🇻🇺 VanuatuVUT$3,548135🇭🇳 HondurasHND$3,519136🇺🇿 UzbekistanUZB$3,514137🇪🇬 EgyptEGY$3,174138🇳🇮 NicaraguaNIC$3,019139🇦🇴 AngolaAGO$2,884140🇮🇳 IndiaIND$2,878141🇨🇮 Côte d'IvoireCIV$2,872142🇰🇭 CambodiaKHM$2,870143🇰🇬 Kyrgyz RepublicKGZ$2,747144🇧🇩 BangladeshBGD$2,689145🇭🇹 HaitiHTI$2,672146🇵🇬 Papua NewGuineaPNG$2,565147🇬🇭 GhanaGHA$2,519148🇲🇷 MauritaniaMRT$2,478149🇰🇪 KenyaKEN$2,468150🇰🇮 KiribatiKIR$2,414151🇸🇧 Solomon IslandsSLB$2,379152🇨🇬 CongoCOG$2,356153🇿🇼 ZimbabweZWE$2,199154🇱🇦 LaosLAO$2,096155🇬🇳 GuineaGIN$1,904156🇨🇲 CameroonCMR$1,865157🇸🇳 SenegalSEN$1,811158🇰🇲 ComorosCOM$1,702159🇧🇯 BeninBEN$1,532160🇹🇱 Timor-LesteTLS$1,491161🇳🇵 NepalNPL$1,458162🇹🇯 TajikistanTJK$1,432163🇺🇬 UgandaUGA$1,338164🇿🇲 ZambiaZMB$1,332165🇹🇿 TanzaniaTZA$1,280166🇲🇲 MyanmarMMR$1,177167🇬🇼 Guinea-BissauGNB$1,126168🇧🇫 Burkina FasoBFA$1,107169🇱🇸 LesothoLSO$1,098170🇪🇹 EthiopiaETH$1,066171🇹🇬 TogoTGO$1,053172🇷🇼 RwandaRWA$1,043173🇹🇩 ChadTCD$991174🇬🇲 GambiaGMB$988175🇲🇱 MaliMLI$936176🇸🇱 Sierra LeoneSLE$916177🇱🇷 LiberiaLBR$908178🇳🇬 NigeriaNGA$807179🇸🇴 SomaliaSOM$766180🇳🇪 NigerNER$751181🇨🇩 DRCCOD$743182🇲🇿 MozambiqueMOZ$663183🇸🇩 SudanSDN$625184🇲🇬 MadagascarMDG$595185🇲🇼 MalawiMWI$580186🇨🇫 CentralAfrican RepublicCAF$532187🇧🇮 BurundiBDI$490188🇾🇪 YemenYEM$417189🇸🇸 South SudanSSD$251N/A🇦🇫 AfghanistanAFGNo DataN/A🇪🇷 EritreaERINo DataN/A🇱🇧 LebanonLBNNo DataN/A🇵🇰 PakistanPAKNo DataN/A🇱🇰 Sri LankaLKANo DataN/A🇸🇾 SyriaSYRNo DataN/A🇵🇸 PalestinePSENo DataN/A🌍 WorldN/A$14,213Note: Data is missing for: Afghanistan, Eritrea, Lebanon, Pakistan, Sri Lanka, Syria, Palestine. Figures for several overseas territories are also not included.Noticeably, many of the top spots are held by small countries with specialized financial services sectors, also known offshore financial centers.Luxembourg (#1), Ireland (#2), Switzerland (#3), Singapore (#4), Netherlands (#11) and Hong Kong (#18) are all considered tax havens as their friendly tax laws, strict privacy rules, and strong financial sectors encourage multinational corporations to route earnings through them.As a result, this improves their GDP a significant amount, but doesn’t reflect the resident populations productivity.In Ireland’s case, these flows distorted GDP values so much that the government discontinued its use as a reliable statistic, preferring to measure and compare gross national income (GNI) instead.Oil Wealth a Major FactorEnergy-rich countries also dominate the rankings. Qatar (#10), UAE (#23), and Saudi Arabia (#43) rank high due to oil exports fueling government spending and infrastructure.Norway (#6), with a large sovereign wealth fund, is Europe’s prime example of oil wealth being reinvested.Guyana, a newcomer at #41, has rapidly climbed the ranks following major offshore oil discoveries and production growth.America’s Scale and WealthFinally, while the U.S. ranks #7 in GDP per capita, it stands out for its scale. It’s the richest country in the world by GDP per capita with a population over 10 million, highlighting its economic might.Other populous countries, like Germany, Japan, the UK, and France all fall lower in per capita terms, despite large total economies.High-tech industries, consumer spending, and capital markets contribute to America’s wealth profile.Want a closer look at the American economy? Check out: America’s $19 Trillion Consumption Sector in one chart, to see where Americans spend their dollars. Tyler DurdenFri, 06/13/2025 - 22:40
On Friday, Cathie Wood-led Ark Invest made substantial trades, notably in Archer Aviation Inc. (NYSE:ACHR), Kratos Defense and Security Solutions Inc. (NASDAQ:KTOS), and Nextdoor Holdings Inc. (NYSE:KIND).The ACHR Trade: Ark Invest’s ARK Innovation ETF (BATS:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Space Exploration & Innovation ETF (BATS:ARKX) collectively purchased a total of 3,317,807 shares of Archer Aviation Inc.Based on the closing price of ...Full story available on Benzinga.com
NEW ORLEANS, June 13, 2025 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 4, 2025 to file lead plaintiff applications in a securities class action lawsuit against Reckitt Benckiser Group PLC ("Reckitt" or the "Company")...
Netanyahu Survives Coalition Collapse, Strikes Deal With Ultra-Orthodox Partners Via The Cradle,Israel’s parliament narrowly rejected a preliminary bill to dissolve itself early on 12 June, avoiding the possibility of snap elections and preserving Prime Minister Benjamin Netanyahu’s fragile governing coalition. The motion, backed by opposition lawmakers, was defeated by a vote of 61 to 53 – just meeting the 61-seat threshold needed for passage in the 120-member Knesset.The failed vote followed a last-minute deal between coalition leaders and ultra-Orthodox parties regarding one of Israel’s most divisive issues, which is mandatory military service for the ultra-Orthodox, or Haredim. While military service is compulsory for most Jewish Israelis, the ultra-Orthodox community – roughly 13 percent of the population – has long been granted exemptions if men are enrolled in full-time religious study.Ultra-orthodox parties have been pressuring the Netanyahu government to codify the exemptions by passing a new law.In a key development, Knesset Foreign Affairs and Defense Committee Chairman Yuli Edelstein announced that his committee and ultra-Orthodox parties had reached a preliminary understanding to draft new legislation addressing the conscription issue. This agreement persuaded most ultra-Orthodox lawmakers to vote against dissolving the Knesset.However, the arrangement sparked backlash from both opposition leaders and within the coalition itself. Yair Golan, leader of the opposition Democrats party, condemned the agreement, saying, “Netanyahu entered a room with the heads of the Haredi factions and left with a disgraceful agreement ... There is no love for the country here. Only cynicism. Only selfish survival.” Golan accused Netanyahu of betraying both military service members and ultra-Orthodox citizens who wished to contribute to the state.Netanyahu narrowly averts government collapse over ultra-Orthodox conscription dispute——A motion to dissolve Israel’s parliament because of friction over the conscription of Haredi men failed to pass on 11 June. The opposition reached a compromise, and only 53 voted in favor of... pic.twitter.com/NxrhoDnWgr— The Cradle (@TheCradleMedia) June 12, 2025Housing Minister Yitzhak Goldknopf, head of the ultra-Orthodox United Torah Judaism (UTJ) party, resigned from Netanyahu’s cabinet in protest over the compromise deal. Goldknopf, whose Hasidic Agudat Yisrael faction supported the Knesset’s dissolution, said the new understandings fell short of promises made in coalition agreements. “I can no longer take part as a member of this government,” he wrote in his resignation letter to Netanyahu.Goldknopf’s resignation follows a previous symbolic resignation in March over the same issue. Despite his departure, UTJ remains part of the ruling coalition, which has been under pressure due to widespread discontent over the military burden placed on young Israelis tasked with executing the ongoing genocide of Palestinians in Gaza. With the war now lasting more than 18 months, the Israeli army is facing growing manpower shortages, intensifying the debate over draft exemptions.Roughly 13,000 ultra-Orthodox men reach conscription age each year, but fewer than 10 percent enlist, according to the State Control Committee. Tyler DurdenFri, 06/13/2025 - 22:15
President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government
Meta’s new stand-alone AI app is sharing prompts publicly, sparking some privacy concerns.AI-generated images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly through the Meta AI app.Users can easily turn searches private from Facebook and Instagram through the data and privacy section in settings.Artificial intelligence-generated images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly through Meta’s newly launched AI app. The company rolled out the Meta AI app in April, putting it in direct competition with OpenAI’s ChatGPT. But the tool has recently garnered some negative publicity and sparked privacy concerns over some of the wacky — and personal — prompts being shared publicly from user accounts.Besides the mud wrestlers and Trump eating poop, some of the examples CNBC found include a user prompting Meta’s AI tool to generate photos of the character Hello Kitty “tying a rope in a loop hanging from a barn rafter, standing on a stool.” Another user whose prompt was posted publicly asked Meta AI to send what appears to be a veterinarian bill to another person.“Sir, your home address is listed on there,” a user commented on the photo of the veterinarian bill.Meta AI chats are private by default and can only be shared publicly through a four-step process that includes a pre-post preview, a company spokesperson said. This includes a feature to hide posts. The spokesperson also said the Discover feed is meant to offer “inspiration and AI hacks” to users.Users can adjust settings on the app to protect their privacy and keep the app from sharing their queries on Meta’s other apps.Here’s how to do itTo start, click on your profile photo on the top right corner of the screen and scroll down to data and privacy. Then head to the “suggesting your prompts on other apps” tab. This should include Facebook and Instagram. Once there, click the toggle feature for the apps that you want to keep your prompts from being shared on.After, go back to the main data and privacy page and click “manage your information.” Select “make all your public prompts visible only to you” and click the “apply to all” function. You can also delete your prompt history there.Meta has beefed up its recent bets on AI to improve its offerings to compete against megacap peers and leading AI contenders, such as Google and OpenAI. This week, the company invested $14 billion in startup Scale AI and tapped its CEO Alexandr Wang to help lead the company’s AI strategy.WATCH: Meta’s one of AI’s leaders not a laggard, says Futurum Group CEO Daniel Newman
Meta’s new stand-alone AI app is sharing prompts publicly, sparking some privacy concerns.AI-generated images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly through the Meta AI app.Users can easily turn searches private from Facebook and Instagram through the data and privacy section in settings.Artificial intelligence-generated images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly through Meta’s newly launched AI app. The company rolled out the Meta AI app in April, putting it in direct competition with OpenAI’s ChatGPT. But the tool has recently garnered some negative publicity and sparked privacy concerns over some of the wacky — and personal — prompts being shared publicly from user accounts.Besides the mud wrestlers and Trump eating poop, some of the examples CNBC found include a user prompting Meta’s AI tool to generate photos of the character Hello Kitty “tying a rope in a loop hanging from a barn rafter, standing on a stool.” Another user whose prompt was posted publicly asked Meta AI to send what appears to be a veterinarian bill to another person.“Sir, your home address is listed on there,” a user commented on the photo of the veterinarian bill.Meta AI chats are private by default and can only be shared publicly through a four-step process that includes a pre-post preview, a company spokesperson said. This includes a feature to hide posts. The spokesperson also said the Discover feed is meant to offer “inspiration and AI hacks” to users.Users can adjust settings on the app to protect their privacy and keep the app from sharing their queries on Meta’s other apps.Here’s how to do itTo start, click on your profile photo on the top right corner of the screen and scroll down to data and privacy. Then head to the “suggesting your prompts on other apps” tab. This should include Facebook and Instagram. Once there, click the toggle feature for the apps that you want to keep your prompts from being shared on.After, go back to the main data and privacy page and click “manage your information.” Select “make all your public prompts visible only to you” and click the “apply to all” function. You can also delete your prompt history there.Meta has beefed up its recent bets on AI to improve its offerings to compete against megacap peers and leading AI contenders, such as Google and OpenAI. This week, the company invested $14 billion in startup Scale AI and tapped its CEO Alexandr Wang to help lead the company’s AI strategy.WATCH: Meta’s one of AI’s leaders not a laggard, says Futurum Group CEO Daniel Newman
Early COVID-19 Vaccine Patent In China Raises New Questions For U.S. Investigators A Chinese patent for a COVID-19 vaccine filed just weeks after the virus emerged in the United States is drawing fresh scrutiny from U.S. investigators examining the origins of the pandemic and potential efforts to conceal early information about the virus.The February 24, 2020, patent application - submitted by three Chinese entities affiliated with the People’s Liberation Army - outlines a process for developing a "COVID-19 protein vaccine." The document, which predates the World Health Organization’s declaration of a global pandemic, lists 11 inventors. Among them are two scientists affiliated with a neuroscience institute within the Chinese military - a detail that has puzzled U.S. officials, given that neurological symptoms of COVID-19 were not widely known or studied at the time.The participation of researchers from the Institute of Military Cognition and Brain Sciences - a division of the Academy of Military Sciences in Beijing - has raised particular concern among federal investigators. The institute, which has drawn attention from U.S. defense analysts in recent years, plays a role in the Chinese military’s emerging focus on cognitive warfare - the strategic use of neuroscience in national defense, Just the News reports."Significantly, their published research provided limited, or no data of neuropathology observed in the experimental animals, or the neuroprotection afforded by the vaccine," wrote Dr. Robert Kadlec, a former senior Health and Human Services official, in a 2023 report examining the origins of the pandemic. "Institute of Military Cognition researchers’ involvement in such studies suggest an interest in the vaccine’s protection against SARS-CoV-2 early in the outbreak before evidence of its neurological effects were widely known."Dr. Kadlec, who served in the Trump administration and played a central role in Operation Warp Speed, was among the first U.S. officials to question why neuroscientists were included in early Chinese vaccine development. His report, titled A Critical Review of COVID-19 Origins: Hidden in Plain Sight, was published last September.Other figures on Capitol Hill have voiced similar concerns. Representative Darin LaHood, Republican of Illinois and a member of the House Intelligence Committee, recently stated that the cover-up of COVID-19’s early emergence in China should be understood in the context of Beijing’s broader strategic ambitions."China has a plan to replace the United States, and they're working at it every single day," Mr. LaHood said in a podcast interview this week. "They want to beat us technologically, militarily, economically and diplomatically. And the sooner we wake up to that, the better.""... And we've seen evidence of this through Huawei and what China... has done with Huawei, what they've done with TikTok, what they've done now with Deep Seek, what they did... in terms of lying and being deceitful with the Wuhan virus," he continued.Possibly part of that effort: Chinese military strategists are actively developing new methods for using neurology to gain advantages on the battlefield, according to Elsa Kania, Adjunct Senior Fellow at the Center for New American Security. “On the battlefield, attempts to undermine an adversary could include interfering with the adversary’s capacity for cognition, whether through manipulation or out-right destruction, from disrupting the flow of data to exploiting ideology or emotion,” she wrote in January 2020 for U.S. National Defense University magazine, Prism, which focuses on “emerging disruptive technologies.” -Just the NewsAt the center of the February 2020 vaccine patent is Zhou Yusen, a senior military scientist at the State Key Laboratory of Pathogen and Biosecurity. Zhou, who previously collaborated with the Wuhan Institute of Virology on SARS and MERS vaccines, is among the 11 listed inventors. According to Senate researchers, Zhou died under unclear circumstances in the months following the outbreak.The presence of neuroscientists on the patent application - including Yan Li and Gencheng Han - has intensified questions about what Chinese scientists may have known about COVID-19’s broader physiological effects in the earliest days of the outbreak. A separate scientific paper identifies both researchers as members of the Institute of Military Cognition and Brain Sciences. At the time the patent was filed, neurological symptoms of COVID-19 were not widely reported or understood by Western scientists.Subsequent studies have shown that COVID-19 can have long-lasting neurological effects. A 2022 study published in Nature found that survivors of COVID-19 faced elevated risks of conditions including strokes, memory disorders, migraines, and seizures in the months following infection. Researchers at Duke University reported neurocognitive impairments and sleep disturbances lasting up to three months in some patients.The earliest Chinese study documenting COVID-19’s neurological symptoms was published in April 2020. According to the study, which was based on clinical data from Wuhan, patient monitoring was still underway five days before the vaccine patent was filed.The new questions about the early vaccine patent follow revelations this week that a Defense Intelligence Agency unit concluded in mid-2020 that COVID-19 was likely genetically engineered and leaked from a laboratory. That internal study, which described the virus’s spike protein as a "chimera," was not included in official U.S. intelligence assessments. It was only released following Freedom of Information Act requests and is now part of the ongoing congressional investigation.The Defense Intelligence Agency analysis traced elements of the COVID-19 virus back to a decade-old scientific manuscript published by the Wuhan Institute of Virology, which has worked closely with the Chinese military on coronavirus research, according to the U.S. intelligence community.Taken together, these findings are intensifying scrutiny of early Chinese responses to the virus, as well as raising new questions about what information may have been known - and withheld - in the earliest stages of the global pandemic. Tyler DurdenFri, 06/13/2025 - 21:50
With U.S.–China trade tensions and Middle East unrest rocking global markets, Latin America's stock exchanges – especially Brazil's Bovespa and Mexico's IPC – are hitting record highs as investors seek lower‐correlation havens. Brazil and Mexico's markets are shining as havens from Trump's tariff threats and Middle East chaos.Here are three NYSE‐listed Latin American stocks offering compelling diversification, stable income, and macro resilience.Read Also: EXCLUSIVE: These Emerging Markets Are The Calm In The Tariff Storm1. Vale SA (NYSE:VALE)Forward P/E Ratio: 5.66xDividend Yield (FWD): 14.44%Why It's Hot: Brazil's mining titan is a commodity kingpin, fueled by iron ore and nickel demand for EVs and global infrastructure. With a dirt-cheap P/E of 5.66x – half the materials sector's 11x – Vale's a screaming value play. Its 14.44% dividend yield, backed by $7.8 billion in 2024 free cash flow, is a cash cow for income seekers. Analysts ...Full story available on Benzinga.com
What was it like to work inside Elon Musk's DOGE? The cost-cutting initiative promised transparency, but most of its actions have been shrouded in secrecy.For months, there were reports of software engineers and Trump loyalists entering agencies and accessing sensitive data. DOGE also helped the Trump administration lay off thousands of government workers. NPR reporters have been trying for months to get anyone from DOGE to talk on the record. Now, Sahil Lavingia, a former DOGE staffer assigned to the Department of Veteran Affairs, is speaking. Today, what drew Sahil to DOGE and what he learned about the inner workings, in a way we've never heard before.For more on DOGE and the federal workforce: - The last time we shrank the federal workforce - Can... we still trust the monthly jobs report? - Can the Federal Reserve stay independent?This episode was hosted by Kenny Malone and Bobby Allyn. It was produced by Sam Yellowhorse Kesler and Emma Peaslee. It was edited by Jess Jiang and fact-checked by Sierra Juarez. It was engineered by Neal Rauch. Alex Goldmark is Planet Money's executive producer.Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
It was announced in late 2024 that the fast food company would go to trial after Allen accused it of discriminating against Black-owned media companies such as his.
XPENG’s newest model, the G7, has just hit the market. It’s currently available for pre-order, and there are also models available to touch and see in XPENG’s 530 stores in 214 Chinese cities. Anyway, before I bury the lede, probably the biggest note is the one in the headline. It ... [continued]The post XPENG G7 Scores 10,000 Orders in Just 46 Minutes appeared first on CleanTechnica.
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(Un)Deported Democrat Darling Abrego Garcia Pleads Not Guilty To Human Trafficking Charges Authored by T.J. Muscaro via The Epoch Times (emphasis ours),Kilmar Abrego Garcia, the Salvadoran national returned to the United States after being deported to his home country, pled not guilty to federal human trafficking charges on June 13.A Homeland Security vehicle stands in front of the Fred D. Thompson Federal Building, housing the U.S. District Court for the Middle District of Tennessee, where Kilmar Abrego Garcia, who was deported from Maryland, U.S., to El Salvador by U.S. President Donald Trump's administration, faces criminal charges, in Nashville, Tennessee, U.S., June 6, 2025. REUTERS/Seth HeraldAbrego Garcia entered the United States illegally more than a decade ago. Upon his arrest and deportation to a maximum-security prison in El Salvador in March, he was accused of being a member of MS-13, a gang that has been designated a terrorist organization.However, legal battles ensued to force the U.S. government to return Abrego Garcia to the United States due to a 2019 immigration judge ruling that he could not be deported due to the threat of gang persecution. A judge ruled that the government had to make sure “his case is handled as it would have been had he not been improperly sent to El Salvador.”I’m at the Kilmar Abrego Garcia hearing now in Nashville. Prosecution has a cooperator who says Garcia was making $100,000 a year smuggling guns and people including minors across the border for years.— Brian Entin (@BrianEntin) June 13, 2025Abrego Garcia was returned to the United States from El Salvador’s CECOT mega prison last week. A federal grand jury indicted him on May 21 on charges of smuggling illegal immigrants into the United States and conspiring with others to do so.“The grand jury found that over the past nine years, Abrego Garcia has played a significant role in an alien smuggling ring,” Attorney General Pam Bondi said on June 6. “They found this was his full-time job, not a contractor. He was a smuggler of humans and children and women. He made over 100 trips, the grand jury found, smuggling people throughout our country.”Among the illegal immigrants smuggled into the nation were MS-13 members, Bondi said, noting that the smuggling ring Abrego Garcia is accused of being part of was responsible for a 2021 tractor-trailer accident in Mexico that resulted in the deaths of more than 50 migrants.Holy shit, Kilmar Gracia is also a pedo. pic.twitter.com/mSEgMBhdUK— Mostly Peaceful Memes (@MostlyPeacefull) June 6, 2025The trafficking charges cite an incident in 2022 involving a traffic stop in Tennessee, where Abrego Garcia is being charged.In November of 2022, Abrego Garcia was stopped by the Tennessee Highway Patrol. While he was not charged with any traffic violations at that time, body camera footage of the encounter reportedly captured a discussion among officers about their suspicions of human smuggling.One officer said, “he’s hauling these people for money.” Another said Abrego Garcia had $1,400 in an envelope.Abrego Garcia’s lawyers have called the allegations “preposterous.”The hearing on June 13 will also focus on whether Abrego Garcia should be allowed to stay out of jail while awaiting trial on his smuggling charges. A federal judge in Nashville was set to hear arguments from both Abrego Garcia’s lawyers and government attorneys.Bill Pan and The Associated Press contributed to this report. Tyler DurdenFri, 06/13/2025 - 21:25
US Steel Sale to Nippon Steel Poised To Close After Trump Deal BloombergU.S. Steel and Nippon Steel Say Their ‘Partnership’ Is Sealed The New York TimesDonald Trump approves Nippon Steel’s $15bn takeover of US Steel Financial TimesU.S. Steel and Nippon can consummate their deal with national security agreement signed Pittsburgh Post-GazetteRegarding the Proposed Acquisition of the United States Steel Corporation by Nippon Steel Corporation The White House (.gov)
SANTA CRUZ, Calif., June 13, 2025 /PRNewswire/ -- West Coast Community Bancorp ((", Bancorp", , OTCQX:WCCB), the parent company of West Coast Community Bank ("Bank"), formerly known as Santa Cruz County Bank, headquartered in Santa Cruz, Calif., today announced the results of its annual election of directors. A total of 7,866,036 shares were represented and voted at the meeting, constituting 74.41% of the 10,571,208 issued and outstanding shares entitled to vote at the meeting. There was no solicitation in opposition to management's nominees for director as listed in the proxy statement for the annual meeting, and all such nominees were elected pursuant to the vote of the shareholders. The vote on the election of the 10 nominees for director was as follows: DirectorForPercent of VotesCast "For"WithheldPercent ofVotes WithheldJohn C. Burroughs5,152,10686.34815,13513.66Full story available on Benzinga.com