The US stock market has plummeted to levels seen before Donald Trump’s election and inauguration, wiping out billions in investor gains. Since Election Day, the S&P 500 has dropped 4.3% and the Nasdaq Composite 6%. Key stocks, such as Tesla, have also fallen sharply – Elon Musk’s company is down 44%, while Trump’s own business … Read more
The Ringer’s top NFL analysts, Sheil Kapadia, Diante Lee, and Steven Ruiz, discuss the recent franchise tag deadline and its impact on free agency. The trio breaks down key transactions such as Saquon Barkley’s extension with the Giants and Chicago’s surprise trade for Jonah Jackson. Next, the guys examine potential destinations for highly coveted players … Read more
The Trump administration has fired a team of tech-savvy civil servants who helped build the Internal Revenue Service’s free tax-filing service and revamped government websites. The Digital Service Team, known as 18F, was terminated due to being deemed “non-critical.” The move comes amid concerns over the department’s plans for using personal data, including tax records, … Read more
A US federal judge has denied Elon Musk’s request for a court order blocking OpenAI from converting into a for-profit company, but offered to hold a trial to consider his claims against the ChatGPT maker and its CEO. Musk, an early investor in OpenAI, is suing the company over breach of contract on what he … Read more
The Dallas Cowboys have re-signed defensive tackle Osa Odighizuwa with a four-year deal worth $80 million. The contract includes $58 million guaranteed and a $20 million signing bonus, according to Odighizuwa’s agent. The move is expected to create more salary cap space for the team. Odighizuwa, 26, was a top target in free agency but … Read more
China’s defence spending is expected to increase by 7.2% this year, matching last year’s figure, amid rising geopolitical tensions. The country’s military budget now stands at 1.78 trillion yuan ($245.65 billion), which is well above China’s economic growth target of roughly 5%. The increase in defence spending reflects Beijing’s ambitions for continued military modernisation despite … Read more
Nintendo is kicking off the final stretch before its highly anticipated next-generation Switch console by releasing an exclusive retail bundle. The ‘Super Mario Bros. Wonder’ bundle, available on March 10th, features the Nintendo Switch OLED system, a digital copy of Super Mario Bros. Wonder, and a 3-month Nintendo Switch Online individual membership for $349.99. This … Read more
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Jim Cramer, CNBC’s Squawk on the Street host, recently discussed various stocks amid US-China trade tensions and the devastating impact of the California wildfires on the services industry. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is one such stock that has garnered attention from the analyst. Cramer highlighted the bear-bull indicator, which showed a low bull … Read more
The Trump administration has rejected a plan for reconstructing Gaza endorsed by Arab leaders, citing the president’s own vision that includes expelling the territory’s Palestinian residents and transforming it into a “riviera” owned by the US. Gaza’s current proposal, backed by Egypt, would allow its 2 million Palestinians to remain in control, in contrast to … Read more