Month: March 2025
How Salt Lake City transformed into one of the hottest housing and job markets in the U.S.
Salt Lake City has become a thriving metropolis with a booming population and plenty of job opportunities in banking and tech. Many residents, like former Gov. Michael Leavitt, point to the 2002 Winter Olympics as the catalyst for the city’s transformation. “A lot of good things came together at the right time. We had a […]
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The Atlantic publishes full Signal thread with Hegseth, Waltz after Trump says texts not classified
(L-R) US National Security Advisor Mike Waltz speaks with Defense Secretary Pete Hegseth as US President Donald Trump meets with French President Emmanuel Macron in the Oval Office of the White House in Washington, DC, on February 24, 2025. Ludovic Marin | Afp | Getty Images The Atlantic on Wednesday published the full text thread […]
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EU says ‘unconditional withdrawal’ of Russia from Ukraine is a precondition to amend sanctions
The withdrawal of all Russian forces from Ukraine would be one of the main conditions to lift or amend EU sanctions, a European Commission spokesperson said on Wednesday. European Union countries renewed the bloc’s two sanctions frameworks on Russia for another six months at the end of January and earlier this month. Any changes to […]
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Treasury Department is set to lay off a ‘substantial’ number of employees, official says
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025. Mandel Ngan | AFP | Getty Images The Treasury Department is planning to furlough a “substantial” level of its workforce in conjunction with Elon Musk’s efforts to shrink the size of the federal government, according to a court document. […]
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Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany. Sean Gallup | Getty Images As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that […]
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Stephen Curry teams up with Michelle Obama to launch sports drink
Plezi Nutrition, the public benefit company co-founded by Michelle Obama, has created a new sports drink with Stephen Curry. Four-time NBA champion Stephen Curry is teaming up with former first lady Michelle Obama to release a healthier sports drink option. Curry and Obama on Wednesday announced the launch of Plezi Hydration, through Obama’s public benefit […]
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Stocks making the biggest moves premarket: GameStop, Chewy, Dollar Tree, Wingstop and more
Check out the companies making headlines in premarket trading. GameStop — The meme stock surged 16% a day after the company’s board announced it had approved a plan to buy bitcoin and stablecoins with a portion of its corporate cash, in a move similar to that of MicroStrategy. Dollar Tree — The discount retailer gained […]
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Trump says tariffs coming in April will ‘probably be more lenient than reciprocal’
Key Points “I’ll probably be more lenient than reciprocal, because if I was reciprocal, that would be very tough for people,” Trump said in an interview. “I know there are some exceptions, and it’s an ongoing discussion, but not too many, not too many exceptions,” Trump added. Source
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Barclays cuts S&P 500 target to lowest on Wall Street as tariff pressure mounts
Rising global trade tensions could limit the stock market’s gains this year, according to Barclays. Strategist Venu Krishna lowered his 2025 S & P 500 target to 5,900 from 6,600. That implies upside of just 0.3% from where the benchmark began the year. His forecast is now the lowest 2025 outlook among those featured in […]
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China’s artificial intelligence boom might help mitigate some tariff pain
Computer chip with Chinese flag, 3d conceptual illustration. Steven Mcdowell/science Photo Library | Science Photo Library | Getty Images BEIJING — For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is the emergence of generative artificial intelligence. Chinese companies are hard at work. Nearly every day […]
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