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Topic: Politics (3212)

Us Stock Market Sees Rise Amid Inflation Print, Tariffs and Big Tech Uncertainty Δ1.56

US stock futures edged higher on Friday as investors awaited a key inflation reading and fresh tariff threats added to uncertainty over Big Tech prospects. The Dow Jones Industrial Average futures rose 0.5%, and the tech-heavy Nasdaq 100 was up about 0.2% after suffering an Nvidia-led sell-off on Thursday. Annual "core" PCE cooled to 2.6%, matching expectations, which helped soothe some anxiety about a slowdown in the economy and uptick in inflation.

Google Lays Off Hundreds of Cloud Workers Through Voluntary Redundancies Δ1.51

Google is reportedly offering voluntary redundancies to its cloud workers as part of a broader effort to cut costs and increase efficiency. The company has been struggling to maintain profitability, and CEO Sundar Pichai has announced plans to reduce expenses across various departments. While the layoffs are likely to be significant, Google has also stated that it expects some headcount growth in certain areas, such as AI and Cloud.

Belgium Investigates Alleged Cyberattack on Intelligence Agency by China-Linked Hackers | Techcrunch Δ1.55

The Belgian federal prosecutor's office is investigating a cyberattack on its state security service (VSSE) by Chinese government hackers, who exploited a vulnerability in US cybersecurity firm Barracuda's software to access VSSE's email server. The hackers gained unauthorized access to the external mail server of the intelligence service between 2021 and 2023, potentially exposing sensitive corporate data. The breach also compromised personal data of almost half of VSSE's employees.

$81 Trillion Mistake: Citigroup Credits Wrong Account with Record Amount Δ1.52

Citigroup accidentally credited $81 trillion to a customer’s account last year, a mistake that took hours to reverse and was only caught by a third employee who detected a problem with the bank's account balances. The error was part of a trend of costly mistakes at the bank, including a 2020 incident where Citigroup mistakenly used its own funds to pay off a $894 million loan owned by Revlon. The bank has been conducting a massive reorganization since late 2023 and is investing heavily in data and technology investments.

Cutting Foreign Aid Won't Fix Defence Spending Woes Δ1.59

Anneliese Dodds' resignation follows PM Starmer's slashing of foreign aid budget to boost defence spending. The UK's international development minister had criticized the move, stating it would harm British influence abroad and devastate those relying on aid. The cuts will now take effect, reducing Britain's overseas development budget from 0.5% to 0.3% of GDP.

Sudan Parallel Government Aims to Grab Diplomatic Legitimacy and Arms for Rsf Δ1.63

A parallel government being set up by Sudan's Rapid Support Forces (RSF) aims to grab diplomatic legitimacy from its army-led rival and ease access to advanced weaponry, politicians who back it, and paramilitary sources told Reuters. The move could prolong a devastating war in which the paramilitary RSF has recently been losing ground, and effectively splinter Africa's third largest country by area. The RSF on Saturday signed a political charter in Kenya with political parties and armed groups to form a "Government of Peace and Unity" within weeks from inside Sudan.

German Inflation Fails to Slow After France and Italy Undershoot Δ1.52

German inflation unexpectedly remained unchanged in February, highlighting the challenges for the European Central Bank in deciding how quickly and how far to cut interest rates. The unexpected slowdown in inflation leaves policymakers with a difficult decision about how much to ease monetary policy. Consumer prices increased 2.8% from a year ago, which is still higher than the ECB's 2% goal.

Companies with a Long History of Paying Dividends Remain Appealing to Income-Focused Investors Δ1.52

Horace Mann Educators, First Merchants, and IDACORP have rewarded shareholders for years and recently announced dividend increases, offering dividend yields of over 3%. These companies have consistently hiked their dividends, demonstrating a commitment to sharing profits with investors. By rewarding long-term value creation, these companies aim to attract income-focused investors seeking stable returns.

Hydrogen Accumulation in Grabens: A Promising Clean Energy Source? Δ1.52

Protium Clean Energy Corp. has announced further results from its satellite gas surveys over its Temiskaming Claim Block and surrounding areas, revealing potential for deep-sourced hydrogen accumulation. The surveys detected multiple gases, including helium, radon, methane, and carbon dioxide, as well as significant amounts of hydrogen in several regions. These findings suggest that grabens, elongated depressions bounded by parallel faults, may be favorable locations for natural hydrogen formation.

Trump Put Looms as S&p Reverses Election Rally, Bofa Says Δ1.64

The S&P 500's reversal of its post-election rally has sparked concerns that President Donald Trump may intervene to support the market, according to Bank of America Corp. strategists. Investors are watching for signs of government intervention as the benchmark has slipped almost 3% this month on worries about Trump's proposed tariffs. The benchmark is now just about 1% from its closing level of 5,783 points on November 5, the day of the Presidential election.

Interest Rates Fall to 2025 Lows — but That's Not Helping the Stock Market Δ1.63

Interest rates have fallen to their lowest level of the year, but that hasn't given stocks much of a boost. The benchmark 10-year Treasury yield has declined since the start of the year, hovering around 4.3%, which in theory should give more juice to the stock market. However, the S&P 500 has sputtered, barely trading in the green since the start of the year, while previously reliable "Magnificent Seven" players have largely lagged the broader indexes.

Sec Clarifies Meme Coins Not Subject to Securities Regulations Δ1.56

The SEC has announced that meme coins do not meet the requirements to be protected by federal securities law, effectively exempting them from regulation. The guidance comes after a rise in new meme coin cryptocurrencies, including those launched by Trump and his wife Melania, which have plummeted in value since being released. This decision may shield companies and individuals that create meme coins from potential litigation.

Wells Fargo Drops Targets Slammed by Us Energy Secretary Wright Δ1.60

Wells Fargo & Co. has abandoned its goal to achieve net zero by 2050 for financed emissions, citing the need for a more realistic timeline due to factors outside of its control. The bank's decision comes as climate policies have become increasingly politicized under the Trump administration, and experts warn that this shift may inject more risk into the finance industry. By abandoning its ambitious target, Wells Fargo is signaling that it cannot deliver on its own emissions reduction goals if the economy it serves is not on a similar trajectory.

Double up on Dividend Stocks with Ko, Nee, and Vici Δ1.51

Coca-Cola's 5.2% dividend increase marks its 63rd consecutive year of raising payouts, solidifying its position as a Dividend King. The company's long-term target is to deliver 4-6% organic revenue growth, accompanied by 7-9% earnings-per-share growth, allowing it to maintain a stable and attractive dividend yield. Coca-Cola has generated $10.8 billion in free cash flow last year, providing ample capacity for value-enhancing acquisitions.

Skype to Finally Be Shuttered 22 Years After Its 2003 Launch Δ1.53

Skype's demise marks the end of an era for online messaging platforms, as the 22-year-old messenger service is being replaced by Microsoft Teams. Microsoft has recommended users switch to Teams in anticipation of Skype's retirement on May 5. The shift will likely bring a sense of closure to the classic staple, which has seen its popularity wane over the years.

Cyclone Garance Brings Destruction to French Island of La Reunion Δ1.51

The cyclone made landfall in the north of the Indian Ocean island, causing widespread damage and disruption. Cyclone Garance brought strong winds that blew away roofs, cut power, and left many residents without access to drinking water. The storm has also disrupted essential services and transportation.

House Judiciary Committee Subpoenas Tech Giants Over Foreign Censorship Allegations Δ1.60

The House Judiciary Committee has issued subpoenas to eight major technology companies, including Alphabet, Meta, and Amazon, inquiring about their communications with foreign governments regarding concerns of "foreign censorship" of speech in the U.S. The committee seeks information on how these companies have limited Americans' access to lawful speech under foreign laws and whether they have aided or abetted such efforts.

Samsung Might Not Revolutionize the Galaxy Z Flip 7 Design, Again Δ1.51

Samsung has already released several high-profile phones in 2023, including the Galaxy S25 series and the all-new Galaxy S25 Edge. Despite this, fans are still speculating about upcoming releases from the Korean tech giant, particularly across its folding phone portfolio. A new rumor suggests that Samsung's most accessible foldable, the Galaxy Z Flip 7, won't be getting a significant design overhaul.

Microsoft's Overzealous Backup Alert: A Cautionary Tale of Nudging Vs. Choice Δ1.52

Windows 11 is warning some users to back up their PCs with a banner in the Settings app, which may seem like a useful feature at first but has become bothersome for others. The nagging message is tied specifically to Microsoft's OneDrive cloud storage locker and requires users to have enough storage space, prompting them to buy more if necessary. This approach may be seen as a way to promote the backup service, but it's also an example of overreaching by Microsoft.

Medical Properties Trust, Inc. (Mpw) Posts Impressive Gains Amid Market Bloodbath Δ1.51

Medical Properties Trust, Inc. (NYSE:MPW) jumped by 16.98 percent on Thursday to end at $5.58 apiece as investors cheered improved earnings performance for the fourth quarter of 2024. The company reported a narrowed net loss and swinging revenue growth, driven by its ability to accelerate debt maturities using proceeds from transactions. MPW's efforts to diversify its portfolio and address debt maturities position it to pursue shareholder value initiatives in the future.

New Spyware Found to Be Snooping on Thousands of Android and Ios Users Δ1.50

A recent discovery has revealed that Spyzie, another stalkerware app similar to Cocospy and Spyic, is leaking sensitive data of millions of people without their knowledge or consent. The researcher behind the finding claims that exploiting these flaws is "quite simple" and that they haven't been addressed yet. This highlights the ongoing threat posed by spyware apps, which are often marketed as legitimate monitoring tools but operate in a grey zone.

2 Industrials Stocks with Exciting Potential and 1 to Brush Off Δ1.52

The industrials sector is currently experiencing a downturn, with a 1.7% decline over the past six months, contrasting sharply with the S&P 500's 5.1% gain. Despite this challenging environment, certain companies, such as AZZ and CACI International, exhibit strong growth potential due to impressive revenue growth and operational efficiencies. Conversely, Genco is facing significant headwinds, with projected sales declines and a concerning drop in earnings per share, making it a less attractive investment option.

The Tech-Maga Alliance Was on Full Display. Δ1.64

Elon Musk's enthusiastic reception at the Conservative Political Action Conference (CPAC) was striking, particularly when juxtaposed with his incoherent comments during an earlier interview. The artist's superimposed image of Musk, beaming with triumph over a futuristic landscape, seemed to underscore the contrast between his public persona and private thoughts. Meanwhile, CPAC attendees lavished praise on Musk, exemplifying the party's fervent loyalty.

Us President Donald Trump’s Plan Would Send Venezuela Back to Oil Market’s Dark Side Δ1.61

The proposed revocation of Chevron Corp.'s operating license in Venezuela would likely plunge the country's oil sector into darkness, allowing corruption to flourish and eroding any progress made since Chevron's involvement brought transparency. The US government's stance on energy companies operating in Venezuela has significant implications for both the country's economic recovery and its citizens' daily lives. Chevron's withdrawal would not only increase corruption but also exacerbate Venezuela's fuel crisis.

U.s. Equity Funds Experience Sharp Inflows Amid Tariff Concerns Δ1.56

Investors poured $19.71 billion into U.S. equity funds over the week, fueled by confidence in the economy's resilience and expectations of a Federal Reserve rate cut to stimulate growth. The surge in inflows came despite concerns over tariffs, with many investors opting for quality fixed income as a hedge against market volatility. This trend reflects the enduring allure of U.S. equities among investors seeking to navigate uncertainty.

Banking App Issues Cause Frustration Across UK Δ1.51

Technical issues have affected UK banking app users on payday for the second month running in 2025, causing frustration and potential financial consequences for thousands of customers. The Lloyds Bank and Halifax apps went down on Friday morning, while users also reported technical issues with other banks' apps. A spokesperson from Lloyds Banking Group has since confirmed that the issue has been resolved.

China and Russia Should Strengthen Coordination in International Affairs, Xi Says Δ1.59

China and Russia need to continue to strengthen coordination in international and regional affairs, President Xi Jinping told Sergei Shoigu, the secretary of Russia's Security Council, in Beijing on Friday. China and Russia should maintain close communications at various levels, Xi said, adding that both countries will usher in "a series of significant agendas". The two sides agreed to hold a new round of strategic security consultations at an appropriate time.

3 New 4k Blu-Rays to Add to Your Collection From February 2025 Δ1.51

February 2025 introduces notable 4K Blu-ray releases, including "The Last Voyage of the Demeter," "Winchester '73," and "Punch-Drunk Love," each showcasing distinct audio-visual qualities. "The Last Voyage of the Demeter" impresses with its Dolby Atmos soundtrack, enhancing the chilling narrative through immersive soundscapes, while "Winchester '73" offers a classic Western experience with a focus on monochromatic clarity rather than audio impact. "Punch-Drunk Love" stands out for its vibrant color presentation and dynamic audio, reflecting its unique storytelling style that blends romance and tension.

Avalanche Hits Indian Mountain State Trapping 41 Δ1.52

At least 41 people remain trapped under snow after an avalanche struck the Indian Himalayan mountain state of Uttarakhand, authorities said on Friday, following recent heavy snowfall in the region. The avalanche occurred near a highway in the state's Chamoli region, adjoining Tibet, and less than 5 km from the Hindu temple of Badrinath. At least sixteen workers had so far been rescued, but the search for the remaining three was ongoing due to rain and snowfall hindering rescue work.

Waze 5.4 Just Gave You Another Reason to Switch From Google Maps Δ1.51

Waze 5.4 adds support for heads-up displays, making it easier to navigate without taking eyes off the road. The feature is rolling out now across Android and iOS devices and works on select cars with graphical heads-up displays. This update may just convince you to switch over (or switch back) from Google Maps.

Arrests Made over Ai-Generated Child Abuse Images Δ1.54

A global crackdown on a criminal network that distributed artificial intelligence-generated images of children being sexually abused has resulted in the arrest of two dozen individuals, with Europol crediting international cooperation as key to the operation's success. The main suspect, a Danish national, operated an online platform where users paid for access to AI-generated material, sparking concerns about the use of such tools in child abuse cases. Authorities from 19 countries worked together to identify and apprehend those involved, with more arrests expected in the coming weeks.

Stock Futures Point to Rebound While Bitcoin Sinks: Markets Wrap Δ1.61

S&P 500 futures showed a slight increase as investors awaited the Federal Reserve’s preferred inflation measure, which could influence future interest rate decisions. Meanwhile, Bitcoin experienced a significant decline of over 25% since its January peak, driven by fears of a trade war following President Trump's tariff announcements. The broader market remains cautious, with concerns about the potential economic impacts of the proposed tariffs on Canada, Mexico, and China.

Xiaomi Unveils Smart Speaker Pro with Ir Transmitter Δ1.51

The Xiaomi Smart Speaker Pro has been revealed in China. This new model features various upgrades over the original, including the new Super Xiao AI voice assistant, which can handle more complex commands and scenarios. The speaker is designed to control smart home devices, answer questions, play music, and provide dynamic lighting effects. It also supports streaming from multiple platforms and acts as an infrared remote control for non-smart devices.

China Vows to Retaliate as Necessary After Trump Threatens Another 10% Tariff Hike Δ1.64

China's government has issued a strong warning to the US, stating that it will take "all necessary countermeasures" to defend its legitimate rights and interests if the US insists on imposing additional tariffs. The threat comes after US President Donald Trump announced plans to impose an additional 10% duty on Chinese imports, which is set to coincide with China's annual parliamentary meetings. The latest move is seen as a response to the ongoing trade tensions between the two nations.

Investing in Ai-Powered Tech Stocks Now Δ1.52

The tech sector offers significant investment opportunities due to its massive growth potential. AI's impact on our lives has created a vast market opportunity, with companies like TSMC and Alphabet poised for substantial gains. Investors can benefit from these companies' innovative approaches to artificial intelligence.

U.s. Equity Funds Gain Sharp Inflows Despite Tariff Concerns Δ1.57

Investors have increased their holdings in U.S. equity funds over the week to February 26, buoyed by confidence in the economy's resilience and expectations of a Federal Reserve rate cut later this year to stimulate growth. Dismissing concerns over tariffs, investors acquired a net $19.71 billion worth of U.S. equity funds during the week, registering their largest weekly net purchase since December 25, 2024. This influx of capital may be seen as a vote of confidence in the U.S. economy's ability to weather the effects of trade tensions.

Us-Uk Trade Deal: A Narrow Path Forward? Δ1.64

The US and UK are on the cusp of a trade deal that may insulate the UK from global trade tensions, but challenges remain. The White House has accepted the statistical logic that the two countries have a balanced trade position, with each roughly exporting the same amount of goods to one another. The deal focuses on technology and the further integration of their tech sectors, potentially creating a booming AI-driven Silicon Valley.

Marjorie Taylor Greene Goes Shopping; Here Are 6 Stocks She Just Bought Δ1.60

Rep. Marjorie Taylor Greene's investment portfolio has seen a significant boost with her latest buying spree, marking the congresswoman from Georgia as a shrewd investor. Notably, Greene has shown enthusiasm for AI stocks like Apple and Meta, while also exploring dividend stocks in the oilfield sector. Her latest purchases suggest she is eyeing long-term growth potential in these sectors.

Weride Turns a Corner in China; Is It Time to Park the Stock in Your Portfolio? Δ1.52

If WeRide successfully launches its new robotaxi service, the GXR, in Beijing, it may mark a significant turning point for the self-driving car specialist. The company's progress in expanding operations in global markets and receiving regulatory approvals could be seen as positive indicators of its growth trajectory. However, investors should also consider the challenges WeRide faces regarding its financial performance.

India's Economic Growth Accelerates to 6.2% Δ1.54

India's economy grew by 6.2% in October-December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending. The growth in gross domestic product (GDP) was slightly lower than the 6.3% expansion projected by analysts in a Reuters poll, and the central bank's estimate of 6.8%. The world's fifth-biggest economy grew 5.6% in the previous quarter.

Tariffs Cast a Cloud over Apple's Market Performance: Cramer Weighs In Δ1.61

Apple Inc.'s (AAPL) stock has been under pressure due to ongoing uncertainty around tariff policies, which Jim Cramer believes is having a significant impact on market movements. The constant mention of tariffs by President Trump and other high-profile officials has become a recurring theme that investors are starting to worry about. As a result, the stock market's focus has shifted away from other major economic concerns, such as the bond market.

The Iphone 16e Doesn’t Have Magsafe, but Apparently Apple Thinks You Didn't Want It Anyway Δ1.52

The new iPhone 16e misses out on MagSafe, a feature that has been standard on all numbered iPhones since 2020's iPhone 12 series. According to a statement from unnamed Apple representatives, most people in the 16e's target audience exclusively charge their phones by plugging them into a charging cable. This claim has sparked debate about what consumers actually want from their iPhones.

Meta Says It Has Fired Several Employees for Leaking Internal Data Δ1.52

Meta has fired "roughly 20" employees for leaking confidential company information, highlighting a growing trend of employee leaks that have compromised the security and integrity of internal data. The company has taken steps to address the issue, including conducting investigations and terminating employees who have leaked sensitive information. Despite efforts to curb leaks, Meta's recent actions suggest that the problem persists.

jd.com’s Food Delivery Foray Unnerves Investors as Shares Lag Δ1.53

Investors will be watching JD.com's upcoming earnings report closely, as the company navigates a challenging food-delivery market dominated by Meituan. The launch of its JD Takeaway platform has raised concerns about the impact on profitability, which has already been dented by an e-commerce price war with Alibaba and PDD Holdings. As JD.com expands into the food delivery space, it will be difficult to overcome the existing competitive landscape.

Dogecoin Foundation Strikes Deals to Mainstream the Popular Memecoin Δ1.57

Dogecoin's price has been volatile, with sudden spikes and crashes, but recent deals with big brands aim to stabilize its value. The memecoin's influence is largely driven by Elon Musk's social media endorsements, which have created a segment of true believers who expect Musk to crown Dogecoin as the default currency of Earth. As the Dogecoin Foundation announces partnerships with major brands, investors will be watching closely to see if these efforts can calm market volatility and set the stage for sustained growth.

Rocket Report: Rocket Lab’s News Blitz; Starship Mishap Blamed on Vibrations Δ1.56

Rocket Lab is pushing forward with its development plans for the Neutron rocket, despite recent delays and setbacks. The company's CEO, Peter Beck, remains optimistic about meeting its target launch date in the second half of 2025, but acknowledges that "we've always been clear that we run aggressive schedules." Meanwhile, Rocket Lab is also investing heavily in a new satellite design and a rocket landing platform.

Breakingviews - Climate Policy Requires a More Realistic Approach Δ1.60

The pursuit of net zero carbon emissions has been a resounding failure. Despite trillions of dollars spent on renewable energy, hydrocarbons still account for over 80% of the world's primary energy and a similar share of recent increases in energy consumption, according to The Energy Institute. Coal, oil, and natural gas production are at record highs.

Russia Says It Suggested Restoring Air Links with Us at Talks Δ1.62

Russia has proposed restoring direct air links with the United States, a move that could ease tensions between the two countries and boost economic ties. The talks in Turkey aimed to improve bilateral relations and create conditions for negotiations on Ukraine and business deals. Russian President Vladimir Putin expressed hope that initial contacts with the Trump administration had given grounds for progress.

Sec Is Abandoning Its Biggest Crypto Lawsuits Δ1.62

The US Securities and Exchange Commission (SEC) is backing away from a volley of lawsuits and investigations it brought against cryptocurrency businesses under the Joe Biden administration, in a reversal described by a former attorney at the regulatory agency as “unprecedented.” The sudden truce brings an end to years of legal conflict, marking a significant shift in the commission's stance towards the crypto industry. By calling off these cases, the SEC is signaling a new era of cooperation and understanding between regulators and businesses in the rapidly evolving world of cryptocurrency.

Us Stock Market Sees Rebound Ahead of Inflation Data, as Tariff Risks Loom Δ1.58

Investors are awaiting the release of the Federal Reserve's preferred inflation gauge as they eye Trump’s latest trade threats. US stock futures edged higher on Friday in the wait for a key inflation reading, as fresh tariff threats added to uncertainty over Big Tech prospects. Contracts on the S&P 500 (^GSPC) and the tech-heavy Nasdaq 100 (NQ=F) both rose about 0.3%, after suffering a Nvidia-led (NVDA) sell-off on Thursday.