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Archive: 2025-03-03 (664) - Page 11/14 (50)

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Best Money Market Account Rates Today: March 3, 2025 (Earn Up to 4.51% APY)

Money market account (MMA) interest rates have reached levels above historical averages, offering consumers attractive options for saving. While the rates have seen fluctuations due to Federal Reserve actions, many online banks and credit unions now provide competitive rates of 4% to 4.51% APY. It is essential for consumers to consider factors such as minimum balance requirements and fees while selecting the right MMA for their financial goals.

High-Yield Savings Interest Rates Today, March 3, 2025 (Top Rate at 4.30% APY)

A high-yield savings account can help your balance grow faster by offering higher interest rates than traditional savings accounts. The Federal Reserve's recent rate cuts have led to a decline in deposit account rates, making it essential to compare and find the best offers available. With interest rates as high as 4.30% APY, it's more important than ever to shop around and secure the highest rate possible.

Lock in Today's High Cd Rates

Today's high CD rates may be your last chance to lock in up to 4.50% APY. The Federal Reserve's interest rate reductions have led to increased competition among financial institutions, driving CD rates higher. As of March 3, 2025, competitive rates are available for shorter terms.

Mortgage and Refinance Rates Today: Fixed Rates Lower Than ARM Rates

Mortgage rates are down across the board right now, with the 30-year fixed mortgage rate dropping by four basis points to 6.27% and the 15-year fixed interest rate decreasing by four basis points to 5.57%. The current average 30-year mortgage rate is lower than historical averages for introductory rates on adjustable-rate mortgages (ARMs), which are starting higher than fixed rates. Fixed mortgage rates could be a better deal, but it's essential to shop around and consider various loan options before making a decision.

Euro Zone Inflation Eases as ECB Bets Point to Sixth Rate Cut

Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday. Economists had expected inflation to dip to 2.3% in February, down from the 2.5% reading of January. The closely watched services inflation reading also eased, coming in at 3.7% last month.

Apple MacBook Air M4 Announcement Due Any Day Now, According to Industry Insider.

The Apple MacBook Air M4 is expected to be announced within the next few days, featuring a powerful performance jump and new camera capabilities. The model will likely retain similar pricing to last year's models, starting at $1,099. Rumors suggest that the upcoming laptop will feature a 12MP camera, 16GB unified memory by default, and potential configurations of a 10-core CPU and 10-core GPU combo.

Hyderabad: USAID Cuts Shutter India's First Clinic for Transgender People

India's first medical clinic for transgender people, Mitr Clinic in Hyderabad, has shut operations due to US President Donald Trump stopping foreign aid to it, affecting thousands of transgender individuals who relied on the clinic for HIV treatment and support services. The closure is a significant blow to the community, which faces stigma and discrimination despite a 2014 Supreme Court ruling granting them equal rights. The loss of funding will impact access to crucial medical care for this vulnerable population.

Uber Pilots Accounts for Teenagers in India

Uber has started testing its teenagers-focused service, Uber for Teens, in India, allowing parents and guardians to set up accounts for their teenagers (between 13 and 17 of age) to request trips directly using their own devices. The service includes features like live trip tracking, opt-in audio recording, and the ability for guardians to book rides for teenagers with monthly trip limits. Uber requires guardians in India to add a credit or debit card to their account to invite a teenager to their family profile.

UK Asks Social Media Firms to Assess Online Risks by March 31

Britain's media regulator Ofcom has set a March 31 deadline for social media and other online platforms to submit a risk assessment around the likelihood of users encountering illegal content on their sites. The Online Safety Act requires companies like Meta, Facebook, Instagram, and ByteDance's TikTok to take action against criminal activity and make their platforms safer. These firms must assess and mitigate risks related to terrorism, hate crime, child sexual exploitation, financial fraud, and other offences.

Terrorist Attack in Haifa, Israel

One person was killed and four were wounded in a stabbing attack at a bus station in the city of Haifa, Israel's ambulance service said. Police described it as a terrorist attack, while Palestinian militant group Hamas praised the attack but did not claim it. The assailant, an Israeli citizen from a nearby Arab Druze town, was shot and killed by security guards.

Samsung to Unleash Mid-Range Challenge on iPad Market.

The leaked specs and unofficial renders of the Samsung Galaxy Tab S10 FE and Tab S10 FE Plus suggest that Samsung is gearing up to launch a mid-range tablet series that could challenge Apple's entry-level iPads. The tablets are expected to feature modest specs, with 10.9-inch or 13.1-inch displays, Exynos 1580 chipsets, and up to 12GB of RAM. With their rumored prices and potential features like support for the S Pen stylus, these tablets may appeal to budget-conscious consumers looking for an alternative to iPads.

Google's Gemini Gets Screenshare Functionality

Google is expanding its AI assistant, Gemini, with new features that allow users to ask questions using video content in real-time. At the Mobile World Congress (MWC) 2025 in Barcelona, Google showcased a "Screenshare" feature that enables users to share what's on their phone's screen with Gemini and get answers about it as they watch. This development marks another step in the evolution of AI-powered conversational interfaces.

Congo Army Desertion Trials Spotlight a Force in Tatters

Congolese soldiers are currently facing trials for severe crimes such as rape and murder, actions taken during their retreat from an advancing rebel force, highlighting both individual and systemic failures within the Armed Forces of the Democratic Republic of the Congo (FARDC). Testimonies reveal a military plagued by poor pay, corruption, and a lack of resources, exacerbating the challenges of maintaining discipline and effectiveness in the face of conflict. With more than 260 soldiers having received death sentences amid growing territorial losses to M23 rebels, the situation underscores the dire need for comprehensive military reform and accountability.

Candise Lin Becomes Chinese Internet Culture Ambassador

Candise Lin has become a crucial bridge between Western social media platforms and Chinese internet culture, thanks in part to her viral American audience. Her daily use of Red Note, a Chinese app with a distinct humor and irreverence, has made her an essential link for many Americans seeking to understand China's online landscape. As the "TikTok refugee" phenomenon continues to gain momentum, Lin's influence on shaping Western perceptions of Chinese internet culture cannot be overstated.

Behind the Gates: Inside Prince George's County, the Wealthy Black Community that Inspired a Soap Op.

The affluent residents of Prince George's County, Maryland, have long been synonymous with "black excellence," but behind closed gates lies a complex and often conflicted history. The country club and gated community at Woodmore is home to some of America's wealthiest African-American families, who have built their wealth through generations of hard work and strategic investment. However, this luxurious lifestyle is rooted in the painful legacy of slavery and racism, which continues to shape the lives of those who call Woodmore home.

The Impact of Dilution on Earnings Growth for Innodata Inc.

Innodata Inc.'s recent earnings announcement may have raised eyebrows among investors, as the company's stock price remained stagnant despite strong profits. However, a closer examination of the financials reveals that dilution of shareholders' interests has had a significant impact on the company's EPS growth. By issuing new shares over the last twelve months, Innodata has reduced the value of each share, making it more challenging to gauge its true underlying earnings power.

Amazon Unveils AI Scheme to Tackle Flood Risks in Spain's Aragon.

Amazon will use artificial intelligence to reduce flood risks in Spain's northeastern region of Aragon where it is building data centres. The tech giant's cloud computing unit AWS plans to spend 17.2 million euros ($17.9 million) on modernising infrastructure and using AI to optimise agricultural water use. Amazon aims to deploy an early warning system that combines real-time data collection with advanced sensor networks and AI-powered analysis.

Milestone in Nuclear Fusion: West Machine Breaks Record for Plasma Duration.

French researchers have made a significant breakthrough in nuclear fusion, achieving a record plasma duration of 22 minutes using their West machine. This milestone is a major step towards controlling the plasma for several hours, a crucial goal for future fusion experiments. The success of the West machine demonstrates the progress being made in understanding and stabilizing plasmas.

Brazil's Coffee Stockpiles Dwindle as Prices Hit Record Highs

Brazil's coffee stockpile nearly depleted due to drought and high global prices, leaving low inventory levels. Farmers sold most of their 2024 crop, months before the new crop is ready, as global prices soared 70% in 2024. Roasters face challenges as coffee prices rise, threatening quality and potentially leading to declines in taste.

Brazil's Coffee Stockpiles Dwindle as Prices Hit Record Highs.

Brazil's coffee farmers have been forced to sell almost all their beans months before the new crop due to a drought that has ravaged the country's coffee production. The global prices of coffee have nearly doubled in the past 14 months, with arabica prices soaring 70% and robusta prices surging 72%. As a result, consumers are facing higher prices for their daily cup of coffee.

Europe Seeks to Broker Peace in Ukraine — and Between Trump and Kyiv After the White House Fiasco

European leaders are gathering to bolster support for Ukraine and build bridges between Kyiv and Washington following a public attack on Ukrainian President Volodymyr Zelenskyy at the Oval Office. European allies have presented their own peacekeeping plans for Ukraine, aiming to position the region as a mediator in future peace talks. The U.S. has been largely sidelined in such discussions, with tensions between Washington and Kyiv rising to a boiling point.

The Future of Mercedes-Benz's Electrification Efforts Is on the Line with the 2026 CLA

Mercedes-Benz's new EV model tackles many of the significant sticking points for would-be buyers of the company's current electric offerings, including styling and cost. The CLA will have Mercedes' first entirely in-house EV powertrain, which is far more efficient than the ones it's currently offering. Power delivery is also smooth, with the ability to decouple the brake pedal from the actual physical action of the brakes.

Kremlin Says London Summit on Ukraine Was Not Aimsed at Achieving Peace.

The Kremlin's rejection of the London summit's pledge to increase funding to Kyiv undermines the prospects for a peaceful resolution to the conflict in Ukraine. European leaders' efforts to provide financial support to Kyiv may be seen as a cynical attempt to placate Ukrainian President Volodymyr Zelenskiy, rather than a genuine commitment to finding a peaceful solution. The Kremlin's skepticism suggests that the summit was more focused on maintaining appearances than achieving concrete progress.

Nvidia Stock Peaked at $153? One Telltale Metric Offers a Decisive Answer.

Nvidia's stock surge can be attributed to its dominance in high-performance data centers, where its graphics processing units (GPUs) are in high demand due to the growing need for AI innovation. The company's recent strong fiscal fourth-quarter filing shows that its Blackwell architecture revenue more than doubled from Q3 2024, indicating a significant increase in business momentum. However, Nvidia's market value may have peaked at $153 per share as investors may be becoming increasingly concerned about the company's reliance on this single product line and potential future challenges.

US Economy Growth Outlook Clouds S&P 500 Rally Hurdles

Any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy, according to Goldman Sachs Group Inc. strategists. The market has faltered this year on worries about lofty valuations for the technology behemoths. Investors have also questioned if President Donald Trump's America-First policies are likely to stoke inflation and lead to a slowing economy.

Singapore Investigates Nvidia Chips in Fraud Case.

Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia's advanced chips, a government minister said on Monday. Three men, including a Chinese national, were charged with fraud last week in Singapore, with domestic media linking the case to the transfer of Nvidia's AI chips from Singapore to Chinese artificial intelligence firm DeepSeek. The servers involved in the case were supplied by Dell Technologies and Super Micro Computer to Singapore-based companies before they were sent to Malaysia.

Tesla's Volatile Uptrend: A Sign of Things to Come?

Tesla has been highlighted as a stock with unique characteristics that can offer opportunities for savvy investors. The company's history of rising over time but also experiencing high volatility makes it an attractive target for traders.

China’s Factory Activity Growth Hits 3-Month High Amid Tariff Uncertainty

China's factory activity expanded at its fastest pace in three months to 50.8 in February, according to a private-sector survey, as millions of migrant workers returned to work after an extended Lunar New Year holiday. The seasonally adjusted Caixin/S&P Global manufacturing purchasing managers' index beat expectations and accelerated from 50.1 in January and 50.5 last December. This growth is attributed to "demand strengthened from foreign clients" due to U.S. importers front-running tariffs.

How Businesses Are Accelerating Time to Agentic AI Value

A recent survey reveals that 93% of CIOs plan to implement AI agents within two years, emphasizing the need to eliminate data silos for effective integration. Despite the widespread use of numerous applications, only 29% of enterprise apps currently share information, prompting companies to allocate significant budgets toward data infrastructure. Utilizing optimized platforms like Salesforce Agentforce can dramatically reduce the development time for agentic AI, improving accuracy and efficiency in automating complex tasks.

Buffett Sells Vanguard Index Fund and Buys Dividend Stock Up 7,120%

Warren Buffett's decision to sell his entire position in the Vanguard S&P 500 ETF and add to his stake in Domino's Pizza is a strategic move that may not reflect lost confidence in the US economy. The allocation of Berkshire Hathaway's portfolio is carefully considered, with investments totaling less than 0.02% of the overall portfolio in the S&P 500 index funds. Buffett's decision to sell these funds could be motivated by a desire to consolidate capital and prepare for potential future market corrections.

Philippine, US Defence Pacts to Stay Intact.

The Philippines and the United States will continue to maintain their existing defence agreements under U.S. President Donald Trump, with Manila's ambassador to the United States expressing confidence in Washington's continued support for his country and the Indo-Pacific region. The Philippines is exploring alternative funding sources due to a freeze on US aid, but Romualdez remains optimistic about the future of the US-Philippines relationship. The Philippines needs to become a "real partner" to its ally, with Romualdez citing investments in the military and coast guard as key to achieving this goal.

Cooling Methods for Datacenters: A Comprehensive Explanation

Direct-to-chip, single-phase and dual-phase cooling explain how datacenters overcome heat challenges by transitioning from traditional air cooling to innovative water-based solutions. Water cooling techniques offer efficiency, precision, and scalability, making them a preferred choice for high-performance computing applications. In particular, immersion cooling systems have shown significant potential in handling extreme heat loads.

Servers Used in Singapore Fraud Case May Contain Nvidia Chips

The Singaporean government has revealed that servers involved in a recent fraud case may have contained Nvidia's advanced chips, supplied by U.S. firms Dell Technologies and Super Micro Computer before being sent to Malaysia. The move raises concerns about the potential misuse of these chips by the Chinese company DeepSeek, which was at the center of the alleged chip movement scandal. Authorities are now investigating the case independently, with Singapore asking the US authorities if the servers contained U.S. export control items.

Chinese EV Startup Xpeng Delivers Record Cars for Fourth Straight Month

Xpeng delivered more than 30,000 cars for a fourth straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025.CFOTO/Future Publishing via Getty ImagesXpeng's success is attributed to the strong demand for driver-assist systems and its lower-priced models like the Mona vehicle, which has seen deliveries exceed 15,000 units since December. The company's planned new vehicles also offer a promising opportunity to extend its solid delivery momentum.

Mixue: Bubble Tea Chain Bigger Than Starbucks Sees Shares Jump On Debut

Mixue's shares rose by more than 40% in their Hong Kong Stock Exchange debut. The company raised $444m (£352m) in the financial hub's biggest initial public offering (IPO) of the year. Mixue Ice Cream and Tea may be unfamiliar to many of us but the Chinese firm has more outlets than McDonald's and Starbucks.

Credit Spreads Are on the Longest Widening Streak Since 2023

Corporate bond spreads have widened for eight consecutive trading sessions, marking the longest stretch of increasing spreads in over a year, as investor concerns heighten regarding trade tensions and tariff impacts. The yield premiums on investment-grade corporate bonds surged to 90 basis points, reflecting growing anxiety about the adequacy of returns given the accompanying risks in the current credit market. Despite potential relief from upcoming Chinese stimulus measures and possible delays in U.S. tariffs, the overall outlook remains cautious among investors.

Changing Tides: US Tariffs Impact Global Automakers' Production Plans

Honda has announced that it will produce its next-generation Civic hybrid in Indiana, rather than Mexico, to avoid potential tariffs on one of its top-selling car models. The decision highlights the significant impact of U.S. President Donald Trump's proposed 25% tariffs on goods from Mexico and Canada on the automotive industry. Honda's move is a concrete measure by a major Japanese car company to adapt to the changing trade landscape.

US Tariffs Will Likely Dent Growth Prospects in Central Europe, S&P Global Says.

S&P Global Ratings has warned that the proposed 25% tariffs on EU imports by the U.S. could negatively impact growth in Central European nations, particularly affecting countries like Czech Republic, Hungary, Slovakia, Slovenia, and Romania. While the direct trade exposure to the U.S. is limited, the tariffs may hinder growth primarily through their influence on the German automotive sector, which is crucial for these economies. The potential decline in growth, estimated at 0.5% of GDP, could exacerbate existing fiscal challenges amidst already heightened inflation pressures following geopolitical tensions.

Trader Makes $7 Million in 24 Hours After Leveraging Bitcoin and Ethereum Positions Ahead of Trump's

A trader on Hyperliquid, a decentralized perpetual swaps platform, leveraged a $5.6 million deposit to open 50x long positions on Bitcoin and Ethereum ahead of President Donald Trump's announcement regarding a crypto strategic reserve. This move brought the total value of their positions to more than $200 million, catching the attention of blockchain analysts. The trader's profits soared as prices surged following Trump's clarification that Bitcoin and Ethereum would be included in the crypto reserve.

Philip Morris Weighs Cigar Sale Amid Smoke-Free Shift

Philip Morris International Inc. is considering selling its U.S. cigar business as part of its broader strategy to pivot towards smoke-free products. The company is reportedly seeking over $1 billion for the cigar division, which was acquired through the recent $16 billion purchase of Swedish Match AB. This move aligns with Philip Morris's goal to reduce its reliance on traditional tobacco products, with a target of smoke-free items making up two-thirds of sales by 2030.

GPU Compute Benchmark Performance Soars for Nvidia RTX 5090 Before Support Patch Is Released

The performance of the Nvidia GeForce RTX 5090 in GPU Compute tests has significantly improved as more samples have passed through PassMark's test site. The release of a patch that should solve problems with the Blackwell card has also contributed to the improvement, allowing the RTX 5090 to reach its true performance potential. With the right support, gamers and PC builders can expect to enjoy most of the benefits of their high-end hardware purchase.

Mixue's Bubble Tea Market Soars After Hong Kong Trading Debut

Shares of China's largest bubble tea chain Mixue jumped more than 40% on its market debut on Monday after a heavily oversubscribed initial public offering. The company's milk tea, fruit drinks, ice cream, and coffee have gained significant traction in the Chinese market. Mixue's IPO has also sparked interest among investors, who are warming up to the bubble tea market again.

Diversity Backlash: Is 'Masculine Energy' Coming to the UK?

The UK government's silence on diversity initiatives in the wake of Donald Trump's attacks has left many wondering if the country is set to follow suit, abandoning efforts to promote inclusivity and equality. UK companies have been slow to respond to Trump's rhetoric, with some even scaling back their own DEI policies. However, experts argue that the UK's legal system will help protect these initiatives.

Xiaomi to Sell EVs Globally 'Within the Next Few Years' After Launching $73,000 Premium Car

Xiaomi plans to expand its electric vehicle (EV) business beyond China's borders within the next few years, according to company President William Lu, who made the announcement at a product launch event in Barcelona. The Chinese tech giant's first luxury EV model, the SU7 Ultra, has already garnered significant interest with 15,000 orders in just 24 hours. As Xiaomi looks to challenge Tesla and other players in the global EV market, it must navigate complex regulatory environments and ensure the quality of its vehicles.

Stock Market Today: Futures Edge Up Amid Trump Tariffs and Bitcoin Surge

The US stock market is expected to see a modest increase ahead of President Donald Trump's planned tariffs on major US trading partners, with bitcoin prices surging after Trump announced five digital assets would be included in a new strategic cryptocurrency reserve. The Dow Jones Industrial Average futures are broadly flat, while S&P 500 and Nasdaq 100 futures have seen gains of 0.2% and 0.3%, respectively. Investors are awaiting the February nonfarm-payrolls report on jobs growth, which is expected to show modest employment numbers.

Slovakia Debt Chief See Borrowing Cost Risk, Ukraine Keeping Yields High

The Slovak government's struggle to control its budget deficit and war-related expenses is expected to lead to prolonged borrowing costs for the country. The ongoing conflict in Ukraine and domestic political instability are exacerbating the risks associated with Slovakia's debt. The country's economy, heavily reliant on the automotive sector, faces significant challenges due to rising US tariffs.

Bitcoin and Ethereum Prices Soar After Trump Confirms U.S. Crypto Reserve

Bitcoin and Ethereum experienced a sharp rise on Sunday after Donald Trump confirmed that both would be included in a planned U.S. crypto reserve. In his initial post on Truth Social, Trump mentioned XRP, Solana, and Cardano but left out Bitcoin, leading to speculation. Hours later, he followed up with another post, writing, "And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be the heart of the reserve."

Microsoft Visio and Microsoft Project Pro Savings Opportunity

Microsoft Visio and Microsoft Project Pro can make project management and data visualization a breeze, allowing users to create stunning visuals and manage projects with ease. These two apps are essential skills in many industries, but don't require extensive training to master. With lifetime licenses available for $79.97 each, professionals can upgrade their tools without breaking the bank.

Mixue Bubble Tea Chain RISES High in Hong Kong IPO Debut as Retail Investors FLOCK

Shares of Mixue Group, China's largest bubble tea chain, jumped more than 47% in their debut on the Hong Kong Stock Exchange on Monday, with new listings recording their strongest start to a year since 2021. The company raised $444 million in an initial public offering by selling 17 million shares at a fixed price of HK$202.5 each. Mixue's high profile among Chinese consumers for selling drinks for as cheap as 6 yuan and a lack of IPOs in Hong Kong drove demand for the stock from retail investors.

Trump Announces U.S. Crypto Reserve With Bitcoin, Ethereum, Solana, XRP, and Cardano.

The U.S. strategic crypto reserve announced by President Trump marks a significant shift in the country's approach to digital assets, with multiple cryptocurrencies included in the mix. The move is seen as a response to market uncertainty following Trump's January executive order, which had raised concerns among Bitcoin advocates that the reserve could include other cryptocurrencies. Trump's commitment to Bitcoin and Ethereum suggests a strong focus on these two assets, but the broader implications for crypto regulations and the U.S. financial system remain unclear.