Sliding yen stirs fear of China yuan devaluation that could rock global markets Speculation about a potential devaluation of the Chinese yuan is intensifying as the Japanese yen falls to its weakest level against the U.S. dollar in decades. 04/30/2024 - 3:34 am | View Link
Can Tech Titans Continue to Lead Market Higher? Yes, the S&P 500 gained nearly 3% last week, while the Nasdaq 100 gained more than that, as last week’s sour combo of slowing US growth but rising inflation was offset by the better-than-expected ... 04/28/2024 - 8:36 pm | View Link
Higher For Longer? Focus On The Balance Sheet The Fed may need to choose between fighting inflation and protecting economic growth. Read how REITs with strong balance sheets are positioned to navigate macro challenges. 04/27/2024 - 12:00 am | View Link
As US Looks to Seize Russia’s Assets China Dumps US Treasury Bonds The US Senate approved a package of proposals on Tuesday that would send military help to Ukraine, Israel, and Taiwan, collect Russia’s frozen assets and transfer them to Kiev, and impose new ... 04/26/2024 - 1:02 am | View Link
Federal Reserve’s Capital Has Now Plummeted to Negative $121 Billion, and Congress Needs To Act Meantime the central bank seeks to palm off on the public the idea that its staggering negative capital is a ‘deferred asset.’ ... 04/23/2024 - 11:25 pm | View Link
Rep. Lauren Boebert sparred with pro-Palestinian protesters at George Washington University on May 1, 2024. Allison Bailey/Middle East Images/AFP via Getty ImagesRep. Lauren Boebert went to George Washington University on Wednesday. The Colorado Republican sparred with pro-Palestinian protesters at the university. Protesters chanted "Beetlejuice," referring to the musical she got kicked out of after fondling her date.
Cher and her boyfriend Alexander Edwards have a 40-year age gap. Jeff Kravitz/FilmMagicCher says she dates younger men because older ones are either dead or intimidated by her. She spoke about her relationship choices during an appearance on "The Jennifer Hudson Show."The "Believe" singer has a 40-year age gap with her current boyfriend, Alexander Edwards.
A US Abrams tank was put on display for Moscow residents to see in an open-air exhibition featuring equipment from nearly a dozen NATO countries. Russian Ministry of DefenseRussia is using an open-air exhibition to boast about its "trophies" from the war in Ukraine. The exhibition featured more than 30 NATO vehicles taken from Ukrainian forces, like an Abrams tank.
Maya Rudolph says she left her production company because of burnout. Dimitrios Kambouris/Getty Images for TIMEMaya Rudolph says she was burned out from running a production company she cofounded."I like working, but I don't like killing myself," Rudolph told Town and Country Magazine. The burnout crisis in the US can cost the economy $1.9 trillion in lost productivity.
Chinese warships in Qingdao, Shandong. Fu Tian/China News Service/VCG via Getty ImagesThe US needs to assemble its own naval coalition, retired US Navy Adm. James Stavridis said. This, he said, is necessary if the US wants to match up to China's growing naval fleet. Stavridis said the US could bring in its treaty allies like Japan, South Korea, and the Philippines.
Tesla is revoking summer internships. Sean Gallup/ Getty ImagesTesla interns say their offers were revoked less than a month before they were set to start. Two would-be interns posted on LinkedIn on Wednesday saying they had internships rescinded. The move comes as Tesla continues to make further cuts after slashing 10% of its staff last month.