IBM takes a cue from Apple with $150 billion investment — but here’s the twist
IBM doesn’t do much overseas manufacturing but may be trying to protect some of its consulting contracts with the U.S. government.
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Wave of U.S. data this week may give tariff-weary investors more to worry about
The week ahead is set to bring a deluge of economic data that has the potential to come in far below expectations and rattle financial-market participants, who have already been through weeks of tariff-driven volatility.
US Treasury Unexpectedly Reports Sharp Drop In Debt Borrowing Needs, Rates Slide
US Treasury Unexpectedly Reports Sharp Drop In Debt Borrowing Needs, Rates Slide In our preview of today's Treasury borrowing estimate release, we said that we expect the Treasury to announce $507bn in Q2 borrowing, a "figure much higher than Treasury’s estimate of $123bn in February" and entirely due to a lower starting cash balance, which as regular readers know, has collapsed due to the debt ceiling impasse that has forced the Treasury to draw down on its TGA (cash) balance as well
Why Nvidia investors shouldn’t worry about Huawei’s new AI chip
An analyst notes that Huawei’s new chip isn’t likely to hold much appeal outside of China.
China Extends Its Suspension Of US LNG Imports
China Extends Its Suspension Of US LNG Imports Authored by Irina Slav via OilPrice.com,China has not imported any liquefied natural gas from the United States since early February, data from Kpler cited by Nikkei has shown. The last LNG cargo that left the Gulf bound for China set off on February 6, the data showed.The Chinese tariffs on U.S. goods, including energy products, and the broader trade war between the world’s two biggest economies could have long-term consequences on the a
‘Medicare for All’? These doctors say it’s possible — if healthcare takes its medicine.
To lower costs, doctors must stop overtreating and Washington needs to stop playing politics with our health.
Unhinged Billionaire Democrat Gov. Calls For "Mass Protests" & "Mobilization For Disruption" Against Republicans
Unhinged Billionaire Democrat Gov. Calls For "Mass Protests" & "Mobilization For Disruption" Against Republicans Illinois Governor J.B. Pritzker — a far-left billionaire born into wealth as an heir to the Hyatt hotel fortune — has called for "mass protest and mobilization for disruption" against the Republican Party."Never before in my life have I called for mass protests, for mobilization, for disruption. But I am now," Pritzker told the audience at the New Hampshire Democratic Part
Generative AI Could Be Supercharging Freight Industry Fraud
Generative AI Could Be Supercharging Freight Industry Fraud Authored by Mark LaBrosse via FreightWaves.com,We’ve all heard how emerging AI technologies will optimize the freight industry in ways we can only dream about. But the scary truth is that AI is already fueling our nightmares—by supercharging freight theft.Why aren’t more people talking about the dark side of AI? For one, most of the worries are centered on job loss and plagiarism. But perhaps it’s largely because it’s so good
Putin Declares Surprise 3-Day Ceasefire In Ukraine For WW2 Victory Day
Putin Declares Surprise 3-Day Ceasefire In Ukraine For WW2 Victory Day In an unexpected development on Monday Russian President Vladimir Putin ordered a temporary ceasefire in Ukraine on the occasion of Russia's Victory Day celebrations, coming next week.This year's observance will mark the 80th anniversary of the Soviet Union's victory over Nazi Germany in World War II. The Kremlin published a statement calling for the ceasefire to being at midnight on May 8, lasting until midnight o
The future of streaming television is starting to look an awful lot like cable TV
Streaming’s à la carte choices are starting to deliver less growth potential — and the best way forward may be to bundle programming like cable does, a TD Cowen analyst said.
Gen Z workers want to make $100,000 in their first job out of college. Four tips from experts on how to get there.
Salary negotiation is an important and often overlooked part of a person’s first job out of college
Trump Pinpoints Biden Operative Who Most Of All "Should Be In Jail..."
Trump Pinpoints Biden Operative Who Most Of All "Should Be In Jail..." Authored by Steve Watson via Modernity.news,President Trump has called for the person who was operating the autopen that signed many documents, and pardons, while Joe Biden was in office to be jailed.In a Truth Social post Sunday, Trump wrote “Hopefully ACTBLUE, the Democrats ILLEGAL SCAM used to raise money, including from not allowed “foreign contributions,” is being looked at by authorities. The Dems only know h
How high-yield bond funds like these can lower your investment risk
This year’s seesaw action in the stock market has emphasized two important concepts for investors: Diversification can lower your day-to-day risk, and income-producing investments can help you remain disciplined and avoid selling into a declining market.
You may get more in Social Security with Trump’s proposed tax cuts — but in 10 years, you might get less
For years, policymakers in both parties have raised questions about taxes on Social Security. Still, eliminating them could create problems for future beneficiaries.
Actor Jon Voight To Tell President Trump How To "Fix" Hollywood
Actor Jon Voight To Tell President Trump How To "Fix" Hollywood Actor Jon Voight and his manager, Steven Paul, are preparing to present President Donald Trump with proposals to boost U.S. film and TV production as soon as this week, according to Bloomberg.Beyond traditional state tax credits, their plan could include incentives for infrastructure, job training, and tax code changes.“It’s important that we compete with what’s going on around the world so there needs to be some sort of
Five Significant Disagreements Account For Trump's Newfound Anger With Putin
Five Significant Disagreements Account For Trump's Newfound Anger With Putin Authored by Andrew Korybko via substack,The peace process might go kaput if they can’t resolve these issues...Trump speculated that Russia’s bombing of civilian areas might signal that “maybe [Putin] doesn’t want to stop the war, he’s just tapping me along”, and then reiterated his earlier threat to impose “secondary sanctions” against those who violate the US’ primary ones, which was analyzed here. This foll
Trump Pledges To Bring Columbus Day Back "From The Ashes"
Trump Pledges To Bring Columbus Day Back "From The Ashes" Authored by Aldgra Fredly via The Epoch Times,President Donald Trump said on April 27 that he would bring Columbus Day back “from the ashes,” as he accused the Democrats of tarnishing the reputation of Italian explorer Christopher Columbus.Columbus Day is a federal holiday in the United States celebrated on the second Monday of October to honor Italian-Americans and Christopher Columbus, whose 1492 expedition from Spain reached
Imported High-Volume Staple Goods From China Are About To Dry Up
Imported High-Volume Staple Goods From China Are About To Dry Up The first wave of the trade war shock will arrive this week, with the Port of Los Angeles bracing for disruptions that will ripple through Southern California's Inland Empire warehouse network and pile new pressure onto the struggling trucking industry. Depending on inventory levels at importers and retailers, high-volume Chinese-made staple goods may soon be disappearing from store shelves or racks at e-commerce
Massive power outage strikes Spain and Portugal.
The exact cause of the widespread outage was still unclear roughly two hours later.
Domino’s U.S. same-store sales slip as cooling economy chills pizza maker’s profit
Domino’s international business provides a lift to results, but its stock falls in premarket trading.