May 14, 2025
Divided by a border, united by fear: Kashmiris pick up the pieces after India-Pakistan step back from the brink
Mohammad Iqbal was working the nightshift at a power plant when he got a frantic call from his family saying artillery shells were exploding around their home. But dawn brought no relief from the shelling that would continue for four days as India and Pakistan fought their most intense conflict in decades, raising fears of […]
May 14, 2025
Most intense fighting for years rocks Libyan capital
The most intense clashes for years rocked Tripoli for a second night and continued into Wednesday morning, witnesses in the Libyan capital said, after Monday’s killing of a major militia leader set off fighting between rival factions. The United Nations Libya mission UNSMIL said it was “deeply alarmed by the escalating violence in densely populated […]
May 14, 2025
Is Now a Good Time to Buy Bitcoin?
Bitcoin is prone to price volatility, with wide swings to the upside and downside, making it difficult for investors to know when the right time to buy the top crypto is. There has been renewed interest in cryptocurrencies following the election of US President Donald Trump, leading the Bitcoin price to soar to new heights […]
May 14, 2025
Gold Price Drops Over US$100 as US and China Agree to Tariff Pause
The US and China agreed on Monday (May 12) to pause the majority of their tariffs for a period of 90 days, marking a significant de-escalation in trade tensions between the two countries. The US will reduce its tariffs on most Chinese goods from 145 percent to 30 percent; meanwhile, China will lower its tariffs […]
May 14, 2025
Trump continues to defend Qatar gifting US $400M jet: ‘We should have the most impressive plane’
President Donald Trump continued to defend his decision to accept a $400 million jet from Qatar during an exclusive interview with Sean Hannity on Air Force One on Tuesday. Trump has received backlash for planning to accept the jumbo Boeing 747-8 jet from the Qatari royal family since news of the gift broke on Sunday. […]
May 14, 2025
The Great Biden Coverup: Aides debated whether to put the president in a wheelchair
There is something deeply fascinating about Hill Republicans (sometimes stammering) and media conservatives (sometimes shouting) ripping President Trump for accepting a $400 million luxury jet from Qatar. But he’s not the only president in trouble. More on that in a moment. Daily Wire founder Ben Shapiro called the deal ‘skeezy,’ saying the gift isn’t coming […]
May 14, 2025
Bullish Breadth Improvement Suggests Further Upside For Stocks
We’ve been cautious about the uptrend phase off the April low for a number of reasons, including the lack of breadth support. While short-term measures of breadth had turned more positive, the long-term breadth conditions had remained firmly in the bearish realm. With the renewed strength in risk assets over the last week, our long-term […]
May 14, 2025
Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?
For months, investors have been on edge over U.S.-China tariff tensions, bracing for everything from fears of empty shelves to rising prices. But after this weekend’s trade talks, where both sides agreed to temporary tariff cuts (emphasis on temporary), stocks surged. On Monday, the Dow Jones Industrial Average ($INDU) jumped 1,160 points, while the S&P […]
May 14, 2025
Microsoft to cut 3% of its workforce
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson said in a statement to CNBC. The company reported better-than-expected results, with $25.8 billion in quarterly net income, and […]
May 14, 2025
Fintech company Chime files for Nasdaq IPO
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.” “Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the U.S. Federal Deposit Insurance Corp. Still, the company cited Bank of […]
May 13, 2025
UK police arrest man for arson after fire at PM Starmer’s house
British police said on Tuesday they had arrested a 21-year-old man on suspicion of arson after counter-terrorism officers launched an investigation into three fires, including one at Prime Minister Keir Starmer’s private home. Police were called to reports of a fire in the early hours of Monday morning at the property in Kentish Town in […]
May 13, 2025
Kim Kardashian set to testify in French burglary trial
Kim Kardashian is set to testify Tuesday in the Paris trial of the burglars accused of tying up and robbing the billionaire reality TV star at gunpoint nearly nine years ago. She is expected to detail her ordeal during the 2016 Paris Fashion Week burglary, where she was robbed of nearly $10 million in cash […]