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Topic: Politics (3212)

Australia's Housing Market Ends Downturn as Rate Cut Lifts Sentiment, Corelogic Data Shows Δ1.54

Australia's property market emerged from a shallow downturn in February as the first rate cut in over four years lifted buyer sentiment, although the still-high borrowing costs and elevated prices are clouding the outlook. Figures from property consultant CoreLogic showed prices across the nation rose 0.3% in February from January, ending three months of declines or no growth. The Reserve Bank of Australia has cautioned that any further easing will be gradual, with market pricing suggesting just two more rate cuts to 3.6% by the end of the year.

When Will Corning Incorporated (GLW) Reach New Heights? Δ1.52

Corning Incorporated (NYSE:GLW) has seen significant price movements over the last few months, with a substantial increase followed by a decline. The current trading price of US$50.15 may be reflective of the actual value of the company or undervalued, providing an opportunity for investors to buy. A closer examination of Corning's outlook and value based on recent financial data is necessary to determine whether there are any catalysts for a price change.

What To Expect From Plug Power’s (PLUG) Q4 Earnings Δ1.52

Plug Power is set to announce its Q4 earnings results tomorrow, following a disappointing last quarter where it missed revenue expectations by 18.7%, reporting $173.7 million in revenues, a 12.6% decline year-on-year. Analysts predict a rebound this quarter, with expected revenue growth of 18.5% to $263.3 million, although an adjusted loss of -$0.23 per share is anticipated. The performance of peers in the renewable energy sector, such as American Superconductor and Nextracker, may provide insights into market expectations and investor sentiment heading into Plug Power's earnings announcement.

From Frugal Teacher to Secure Retiree: Waters' Path to Financial Independence Δ1.51

Cheryl Waters, now 74 years old, reflects on her journey from having nearly $0 in savings at 50 to a secure retirement at 70. She credits her financial planner's advice to focus on growing her income rather than just managing her money with taking control of her future. By supplementing her full-time income with tutoring jobs and applying for an interest-only mortgage, Waters was able to diversify her investments and achieve financial stability.

The Minimum Salary Required To Be Considered Upper Class in California Δ1.52

If you think earning six figures makes you upper class in California, you might be surprised to learn it’s not quite that simple. With the state's high cost of living, particularly in cities like San Francisco and Los Angeles, the income required to reach the upper class is higher than many expect. According to research, the minimum salary needed to be considered upper class in the Golden State is significantly higher than in many other states, ranking as the fourth highest in the country.

Who's Taking the Stand as Jes Staley Tries to Clear His Name Δ1.53

Jes Staley's legal challenge against his ban from the UK finance industry is bringing in high-profile figures to argue his case, with former Barclays CEO facing scrutiny over his friendship with Jeffrey Epstein. The hearings will focus on whether Staley broke regulators' rules by failing to disclose the full nature of his relationship with Epstein. The outcome will determine whether Staley's reputation can be salvaged after a decade marked by controversy and high-stakes decision-making.

Verizon's Best Iphone 16 Pro Deal Is Back - Get a Free Phone, Ipad, and Apple Watch without a Trade Δ1.52

The highly sought-after Verizon deal on the iPhone 16 Pro is back, allowing customers to get the device for free without a trade-in. This offer comes with the added value of a free iPad and Apple Watch, valued at over $500, when purchasing the carrier's high-end Ultimate unlimited plan. The deal was first featured on Black Friday last year but has been recurring periodically.

Favorite Music Gear Gets Mainstream Attention Δ1.51

Our favorite speakers, headphones, and other music gear are getting more recognition than ever, with new products and features being released regularly. The demand for high-quality audio equipment is on the rise, driven by the growing interest in music production, streaming, and home entertainment. As a result, brands are investing heavily in research and development to create innovative and affordable solutions.

Jes Staley Embroiled in London Finance Elite Into Epstein Legal Fight Δ1.51

Jes Staley's high-stakes legal battle over his friendship with Jeffrey Epstein will expose the intricacies of the City of London's financial elite, potentially revealing a web of connections that went beyond mere acquaintanceship. The trial, which will feature some of the most prominent names in British finance, is expected to raise questions about the accountability of those who facilitate and enable questionable behavior. As Staley testifies, the true extent of his relationship with Epstein may finally be revealed.

UK PM Starmer Dismisses Calls for Trump's State Visit to Be Cancelled Δ1.59

British Prime Minister Keir Starmer has rejected calls to cancel U.S. President Donald Trump's upcoming state visit, despite political pressure following Trump's recent remarks about Ukrainian President Volodymyr Zelenskiy. Starmer emphasized the importance of maintaining strong ties with Washington during a precarious period for European security, advocating for diplomatic engagement over divisive rhetoric. The invitation, which would mark Trump's unprecedented second state visit, reflects Starmer's strategic approach to securing U.S. support for Ukraine amid ongoing conflict with Russia.

U.S. Physical Therapy's Shareholders Will Receive A Bigger Dividend Than Last Year Δ1.54

The board of U.S. Physical Therapy, Inc. (NYSE:USPH) has announced that it will be paying its dividend of $0.45 on the 11th of April, an increased payment from last year's comparable dividend. This will take the dividend yield to an attractive 2.2%, providing a nice boost to shareholder returns. View our latest analysis for U.S. Physical Therapy

Finland to Release Oil Tanker Suspected of Power Cable Breach Δ1.55

Finland will release an oil tanker suspected of breaking a Baltic Sea power cable and four internet lines late last year, and will escort the vessel to international waters even as the investigation continues. The Cook Islands-registered Eagle S was boarded by Finland's coast guard on December 26 and has been held in custody while authorities probed the case, which remains under investigation on suspicion of sabotage. Three crew members remain subject to a travel ban and are not allowed to leave Finland.

Private Lunar Lander Blue Ghost Lands Successfully on the Moon with Special Delivery for NASA Δ1.50

Blue Ghost, a private lunar lander carrying a drill, vacuum, and other experiments for NASA, successfully touched down on the moon on Sunday, March 2, 2025. The lander's autonomous descent from lunar orbit confirmed its touchdown at an ancient volcanic dome in an impact basin on the moon's northeastern edge. Firefly Aerospace's achievement marks the first time a private company has landed a spacecraft on the moon without crashing or falling over.

Aurinia Pharmaceuticals Inc. Exceeded Expectations And The Consensus Has Updated Its Estimate Δ1.51

Aurinia Pharmaceuticals Inc.'s (NASDAQ:AUPH) annual results exceeded expectations, with a statutory profit of US$0.04 per share, 54% above forecasts. The company's revenue growth is expected to slow down substantially, with analysts forecasting 10.0% growth on an annualized basis for the end of 2025. This is significantly lower than the historical growth rate of 47% over the past five years and the industry average of 20% per year.

ACI Worldwide, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates Δ1.52

It's been a pretty great week for ACI Worldwide, Inc. (NASDAQ:ACIW) shareholders, with its shares surging 13% to US$57.35 in the week since its latest annual results. Revenues were US$1.6b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$1.91, an impressive 23% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of.

Jobs Report to Shape March Trading as Retail Earnings and Tariffs Take Center Stage Δ1.57

The upcoming week will be crucial for investors as they await the February jobs report, retail earnings from major companies, and a new round of tariffs set to take effect. The employment situation is expected to show modest hiring last month while the unemployment rate remains steady at 4%. The state of consumer confidence, however, may be telling a different story, with initial jobless claims reaching their highest level of the year.

Dividend Investors Beware: Checking Sustainability of Ryerson Holding's (NYSE:RYI) Upcoming US$0.1875 Dividend Δ1.50

Ryerson Holding Corporation is set to pay its upcoming dividend on the 20th of March, but investors need to investigate whether the company can afford this payment and if it could grow in the future. The company's last year was marked by a loss, but it managed to pay out just 24% of its free cash flow in dividends. Ryerson Holding has reported improving income over the past five years, but its business does not quickly recover from losses, making it an uncertain candidate for dividend investors.

Bumble Full Year 2024 Earnings: Revenue Growth Slows Δ1.53

Bumble's full-year 2024 earnings report showed revenue growth of 1.9% from the previous year, but disappointing EPS, which missed analyst estimates by 4.2%. The company's share price has remained unchanged despite this news. Despite a decline in revenue expected over the next three years, the Interactive Media and Services industry is projected to grow.

Exclusive Funding for Germany's Defence and Infrastructure in Jeopardy Δ1.59

Economists are considering billions of euros for special funds to boost Germany's defence and infrastructure spending, with a sense of urgency heightened by a heated meeting between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump. The proposed funds are expected to be substantial, with estimates ranging from 400 billion to 500 billion euros for the infrastructure fund alone. However, no final decisions have been made yet, and parties in talks to form Germany's new government coalition have declined to comment on the details.

Lunar Mission Achieved: Private US Company Lands Spacecraft Upright Δ1.55

A US company successfully landed its spacecraft on the Moon on Sunday, marking only the second private mission to achieve the milestone -- and the first to do so upright. Firefly Aerospace's Blue Ghost Mission 1 touched down at 3:34 am US Eastern Time near Mons Latreille, a volcanic formation in Mare Crisium on the Moon's northeastern near side. The precision of the landing was highlighted by the spacecraft touching down within 100 meters of its target.

Dividend Yield Alert: Do Your Homework Before Buying HF Sinclair Corporation (NYSE:DINO) For Its Upcoming Dividend Δ1.51

HF Sinclair Corporation's upcoming dividend is about to attract attention from investors, but it's essential to scrutinize the company's financials before making a decision. The ex-dividend date is approaching, and investors need to be aware of the record date to avoid missing out on the payout. With a trailing yield of approximately 5.7%, HF Sinclair Corporation has been paying out dividends regularly, but there are concerns about its dividend sustainability.

BIT Mining Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag Δ1.51

BIT Mining's full-year 2024 earnings report showed a significant improvement in its loss per share, beating analyst expectations despite revenue missing the mark. The company's net loss narrowed by 73% from the previous year, while revenue declined 24% from FY 2023 to US$32.9m. However, this decline was largely due to a decline in the global cryptocurrency market.

AAON, Inc. Misses EPS By 10% Δ1.52

Shareholders in AAON, Inc. had a terrible week, as shares crashed 26% to US$76.80 in the week since its latest yearly results. While revenues of US$1.2b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 10% to hit US$2.02 per share. Following the result, the analysts have updated their earnings model, indicating a need for reassessment.

Iran's Economy in Shambles as Parliament Ousts Minister Δ1.61

Iran's parliament has voted to remove the country's Economy Minister Abdolnaser Hemmati from office over mismanagement of the economy and a plunging national currency, state media reported. The decision comes amid a crisis in Iran's economy, which has seen its currency lose close to half of its value against the US dollar in just eight months. The vote reflects growing concerns about the government's ability to manage the country's economy and address rising poverty.

Ransomware Dominates Cybersecurity Threats in 2024 Δ1.55

The modern-day cyber threat landscape has become increasingly crowded, with Advanced Persistent Threats (APTs) becoming a major concern for cybersecurity teams worldwide. Group-IB's recent research points to 2024 as a 'year of cybercriminal escalation', with a 10% rise in ransomware compared to the previous year, and a 22% rise in phishing attacks. The "Game-changing" role of AI is being used by both security teams and cybercriminals, but its maturity level is still not there yet.

Wall Street Shares Its Safer Plays Amid China Investment Risks Δ1.56

As excitement over DeepSeek moderated, JPMorgan gave its clients a warning: "Be careful: U.S.-China risks back in focus." The firm's caution highlights the ongoing concerns surrounding China's economic and market growth. Despite this, many investors are seeking safer alternatives.

Social Security Reduces Payments Early in Life Δ1.50

Deciding when to claim Social Security could be an important key for older adults unlocking their retirement future. Claiming early could be the best move for retirees in poor health, who need immediate income or for other reasons taking benefits could be a wise financial move. However, many financial experts don’t recommend filing for Social Security early, because the reduction in payments can be drastic.

The Unpredictability of Early Retirement Δ1.54

Many people envision a grand exit when they finally retire, but unforeseen circumstances, such as health issues or job loss, can force early retirement. Chronic illness, disability, or unexpected medical events can make full-time work difficult and drain savings faster than expected. Planning ahead with a robust emergency fund, maximizing savings contributions to retirement accounts, and diversifying investments can help mitigate these risks.

How I Got 15GB of Gmail Storage for Free - and Without Losing Any Files Δ1.53

A simple and effective method allows Gmail users to archive their emails and media while freeing up storage without losing important data. By utilizing Google Takeout for backups and creating a new Gmail account for archiving, users can declutter their inbox and optimize storage capacity without the hassle of manual deletions. This strategy not only preserves essential emails but also ensures a fresh start with the original account.

Microbes in Space: A New Frontier for Interspecies Coexistence Δ1.51

The largest study yet of the International Space Station's microbial ecosystem suggests that the extreme cleanliness of the ISS may be hindering its ability to maintain a healthy balance of microorganisms. Researchers propose easing up on sterilization protocols and introducing beneficial microbes to create a more sustainable environment. This shift in approach could pave the way for future spacecraft design that incorporates microbial gardens, capable of self-sustaining ecosystems.

Understanding Verizon Communications Inc.'s (NYSE:VZ) ROE Δ1.55

Verizon Communications Inc. has an ROE of 18% based on its net profit from continuing operations divided by shareholders' equity. This measure indicates the company's ability to generate profits from its shareholder investments, but it's essential to consider industry averages and potential risks associated with high debt levels. The company's high debt-to-equity ratio may impact its financial risk profile.

Stocks to Watch This Week Signals Shift in Market Focus Δ1.57

This week's earnings reports will likely shift investor attention away from ongoing tariff tensions and toward sectors with growing AI capabilities and consumer spending trends. Companies like Target and CrowdStrike are expected to provide insights into these areas, while Broadcom and Costco will report on the semiconductor and retail warehouse sectors. The release of economic indicators such as the S&P Manufacturing PMI and initial jobless claims data will also influence investor decisions.

Europe Needs ‘Coalition of Willing’ for Ukraine Δ1.61

A coalition of European countries willing to provide Ukraine with security guarantees after any US-brokered ceasefire is necessary, according to UK Prime Minister Keir Starmer. This approach would involve a group of willing nations working together on a plan to stop the fighting in Ukraine. The proposal aims to rapidly ramp up defense spending and maintain momentum for Ukrainian support.

Malaysia's Ex-PM Ismail Declares Wealth to Anti-Graft Agency Amid Seizure of Assets Δ1.50

Ismail Sabri Yaakob has submitted a formal wealth declaration to authorities as part of an ongoing corruption probe, following the seizure of nearly $40 million in assets allegedly linked to him. The Malaysian Anti-Corruption Commission is investigating government publicity expenditure and procurement during Ismail Sabri's premiership from August 2021 to November 2022. Ismail Sabri's wealth declaration comes after he was questioned by investigators last year as part of a probe into possible misconduct involving $157 million in government publicity spending.

Billions Bet on Bill Ackman's Favorite Investments Δ1.50

Bill Ackman is known for his bold bets on a select few companies, and his hedge fund's portfolio reflects this focus. His investments are not limited to the top-performing stocks of 2023 but also encompass a handful of newer additions that have shown promise despite still facing significant challenges in their respective industries. By investing in these companies, everyday investors can potentially capture some of Ackman's upside.

The AI Billionaire's Unstoppable Portfolio Δ1.52

Chase Coleman's investment in artificial intelligence (AI) stocks accounts for nearly half of his portfolio, with five companies dominating the space: Meta Platforms, Microsoft, Alphabet, Amazon, and Nvidia. These companies are leaders in AI innovation and have seen significant growth in recent years. Their combined investments have helped Coleman stay ahead of the curve in the rapidly evolving AI landscape.

Alibaba Investors Could Finally Be Seeing Light at the End of the Tunnel Δ1.51

Alibaba's recent quarterly results show a notable revenue increase of 8% and an impressive 83% surge in operational income, signaling a potential turnaround for the tech giant after years of stagnation. The company's strategic shift towards a consumer-centered model and investment in artificial intelligence appears to be resonating with consumers, as evidenced by a 9% growth in customer management revenue. Despite ongoing competition from rivals like Pinduoduo and Douying, Alibaba's latest performance suggests that its efforts to regain market leadership may be starting to yield positive results.

Russia Praises Trump and Scolds Europe for Being the Crucible of War Δ1.64

Russian Foreign Minister Sergei Lavrov has commended U.S. President Donald Trump for his pragmatic approach to ending the war in Ukraine, while simultaneously criticizing European nations for prolonging the conflict. Lavrov's remarks highlight a perceived divide between U.S. and European strategies regarding the war, with Russia dismissing European proposals for peacekeeping as lacking credibility. The historical context provided by Lavrov paints Europe as a recurring source of global conflict, suggesting that current European leaders are perpetuating this legacy.

Gambling Wise: Nfler Loses 'All My Money' In Casino Δ1.56

Jason Kelce, the retired NFLer, recalled getting beaten badly at a casino while in New Orleans for Super Bowl LIX. He lost "all my money" gambling, but fortunately has a high-profile career with lucrative opportunities to absorb the loss. The incident highlights the risks of problem gambling, which can lead to serious financial losses and consequences.

97th Academy Awards Nominations Spark Industry Speculation Δ1.51

The full list of nominees for the 97th Oscars on Sunday reflects a diverse range of films, with several international features and documentaries making their mark. Among the announced winners are industry stalwarts such as Walt Disney Pictures' "Dune: Part Two" and Netflix's "Wicked", which have garnered widespread attention and accolades. The upcoming ceremony is expected to be a closely watched event, with many in the industry eagerly anticipating the outcome.

NGO's Newspaper Ad Asks Americans for Donations After Trump's Drastic Aid Cuts Δ1.67

The International Rescue Committee (IRC) has launched a full-page advertisement in the New York Times, urging Americans to donate to support hundreds of millions of people in need following drastic cuts in U.S. foreign aid. The IRC claims that 46 government grants have received termination notices, which would deny critical services to at least 2 million people across multiple crisis zones. This move highlights the severe consequences of the Trump administration's "America First" policy on humanitarian aid.

Vice-President Targets Protesters in Vermont Δ1.66

The Vice-President of the United States and his family have been forced to relocate from their planned ski resort in Vermont due to intense protests against him. The demonstrations, which featured pro-Ukraine signs, were organized in response to a recent clash between President Trump and Ukrainian President Zelensky. The protesters' actions have sparked concerns about the Vice-President's safety and security.

High-Yield Savings Rates Reach New Heights Today Δ1.51

CD rates have seen significant increases in recent weeks, with top offers now reaching as high as 4.50% APY. Historically, longer-term CDs offered higher interest rates than shorter-term CDs, but today's economic climate is reversing this trend. Investors are now flocking to shorter-term CDs to lock in gains before potential market downturns.

Savings Interest Rates Today, March 2, 2025 (Best Accounts Offering 4.50% APY) Δ1.59

The Federal Reserve's decision to cut its target rate three times in late 2024 has led to a decline in savings interest rates, with the national average standing at 0.41%. This decrease from historic highs underscores the importance of carefully selecting a high-yield savings account to maximize earnings. As interest rates continue to fall, it is crucial for individuals to take advantage of today's best offers.

How Money Market Account Rates Are Falling and Rising Amid Federal Reserve's Rate Cuts Δ1.55

The national average money market account rate has dropped to 0.64% as the Federal Reserve cut its target rate three times in 2024. However, some top accounts are currently offering rates of 4% APY and up, making it essential to compare MMA rates and consider opening a new account to take advantage of these high rates. These rates may not last long, so it's crucial to act now.

Mortgage and Refinance Rates Today, March 2, 2025: As Rates Drop, Should You Buy? Δ1.55

As rates drop, homeowners may be tempted to refinance or buy a new home. According to Zillow data, the 30-year fixed interest rate has fallen by four basis points to 6.27%, while the 15-year fixed rate has dropped by four basis points to 5.57%. With mortgage rates decreasing overall since early February, it's essential to weigh the pros and cons of buying or refinancing. While lower rates can be beneficial, they may not necessarily translate to better loan terms or reduced monthly payments.

US Judge Declares Trump's Firing of Watchdog Agency Head Illegal. Δ1.69

A U.S. judge has ruled that President Donald Trump's firing of the head of a federal watchdog agency is illegal, in an early test of the scope of presidential power likely to be decided at the U.S. Supreme Court. The ruling comes after a lengthy legal battle over the authority of the Office of Special Counsel, which protects whistleblowers and reviews unethical practices within the executive branch. The decision marks a significant victory for Democrats, who have sought to limit Trump's ability to control federal agencies.

The Dividend Yield Sword: Attracting Investors with Cash but Warning of Business Weakness? Δ1.50

High dividend yields are a double-edged sword. On the one hand, you can get a sizable amount of cash back from these investments each year. On the other hand, a high dividend yield is indicative of business weakness, which may lead to poor stock price performance and a potential cutting of the dividend in future years. One of the few large stocks approaching a dividend yield of 8% is British American Tobacco (NYSE: BTI), dealing with sector headwinds and business missteps.

Moon Landing Success Sparks Industry Growth Δ1.54

The recent landing of Blue Ghost, a private spacecraft developed by Firefly Aerospace, on the Moon's surface has significant implications for the space industry. The successful mission marks only the second time a commercial vehicle has reached the lunar surface, with Intuitive Machines' Athena spacecraft expected to follow suit in the coming days. As private companies like Firefly and Intuitive Machines push the boundaries of space exploration, they are helping to pave the way for future missions that could potentially unlock the Moon's resources.

TECH STOCS RECEDE: Buying Plays Amid Nasdaq Correction Δ1.53

Nvidia's earnings report was a mixed bag, with estimates beat but broader fears about AI and consumer demand prevailing. The resulting sell-off has dropped the Nasdaq to its lowest level since before the election, sparking concerns of a correction. A downturn in tech stocks like Nvidia presents an opportunity to buy proven winners at a discount.