Author: Editor-In-Chief
Stocks rose on Friday and ended the week higher after the Federal Reserve’s closely watched inflation indicators provided the basis for a rate cut next week. For the week, the S&P 500 rose 0.3% and the Nasdaq rose nearly 1%. Both indexes recorded consecutive weekly increases. The Dow Jones Industrial Average rose about 0.5%. The personal consumption expenditure price index for September released by the government on Friday morning showed that the year-on-year rise in the core rate, which excludes food and energy prices, was slower than expected. The PCE report was delayed due to the government shutdown, but was…
Investigations are underway in Ireland and France this week after two more incidents involving unidentified drones flying near the country’s coastlines. On Monday night, just as the plane carrying Ukrainian President Volodymyr Zelenskiy was about to land ahead of his first official visit to Ireland, multiple drones were seen flying off the coast of Dublin. On Thursday night, several drones flew near a French naval base on the Atlantic coast that houses nuclear-powered ballistic missile submarines, French prosecutors told local media. The two incidents are the latest in a series of unexplained sightings in several European countries since September. Some…
Olivia Smith’s stunning solo attack and Stina Braxstenius’ dramatic late winner gave Arsenal a 2-1 win over Liverpool, lifting them into third place in the Women’s Super League.Smith took the lead midway through the first half with a moment of pure brilliance, leaping over three Liverpool players and firing an unstoppable 25-yard strike past Faye Kirby. Arsenal dominated in the early stages and almost doubled their advantage when Lotte Uben-Moy’s header hit the crossbar, but Liverpool gradually fell behind. Against the run of play, the visitors equalized just after the half-hour mark when Beata Olsson drifted into space from the…
Qatar is not a large country, but these days it occupies a surprising amount of space in the imagination of a growing ecosystem of far-right influencers, pseudo-journalists, pro-Israel think tanks, and dubious analysts. They say Qatar is orchestrating various global conspiracies.Two figures illustrate this pattern well. Laura Loomer, the US-based influencer who acts as US President Donald Trump’s unofficial loyalty enforcer, has reinvented herself as an expert on ‘Qatari infiltration’ and the Muslim Brotherhood. An analysis of her feed shows that in recent months, Loomer has been tweeting about Qatar about twice a day. It found that 35 of the…
Jodie Foster, Billy Perkins, and Robert De Niro perform a scene from Martin Scorsese’s Taxi Driver in New York, New York, 1976. Michael Ochs Archive | Movie Pix | Getty ImagesDuring the waning days of the California gold rush, the wife of a local miner faced a problem. When her husband’s denim work pants kept tearing, seamstress Jacob Davis decided to add copper rivets to key stress points, such as pocket corners and the base of the button fly, to prevent them from tearing. Davis’ “riveted pants” were an instant success and, unbeknownst to him at the time, they would…
Aston Villa defeated Premier League leaders Arsenal 2-1 at Villa Park, with Emiliano Buendia scoring the winner in the 95th minute to seal the title race.The substitute scored almost the last kick of a heated game to inflict defeat on Mikel Arteta’s side and move Villa past Manchester City into second place. They achieved an amazing result of winning 9 out of 10 games, leaving them 3 points behind the Gunners. Matty Cash led Villa to victory in the first half, but Arsenal had a chance to take the lead when Leandro Trossard came on as a substitute early in…
(This is the Warren Buffett Watch newsletter, news and analysis about Warren Buffett and Berkshire Hathaway. Sign up here to receive it in your inbox every Friday night.)In early May, just before Warren Buffett surprised shareholders by announcing plans to step down as CEO at the end of the year, Berkshire Hathaway’s B stock exceeded the benchmark S&P500 In 2025, it will increase by 22.4 percentage points.Over the next three months, BRKB fell 14.9% to a closing low of $459.11 after the August 4th meeting.Since then, it has rebounded 9.9% and closed at $504.34, up 11.3% since the beginning of…
According to the National Association of Unclaimed Property Managers, approximately 1 in 7 people leave unclaimed property on the table. The recent intense sell-off Bitcoin and ether While understandably garnering short-term attention, this estate planning issue is a long-term problem that is likely to worsen as cryptocurrency adoption and ownership increases. Many people neglect to consider cryptocurrencies in their estate planning or do not let their heirs know how to access their crypto holdings. Recent surveys by Gallup and Pew Research estimate that 14% to 17% of U.S. adults own cryptocurrencies, raising concerns about losing access to those funds.”It’s very…
A second burial site for an infant has been discovered at the site of a so-called “mother and baby home” in the west of Ireland, forensic experts said on Friday, marking a “significant” discovery in ongoing excavations on the site of the facility. Over 36 years, nearly 800 infants and children have died at the Tuam facility run by the Bon Secours Sisters. Their bodies are believed to have been disposed of in a mass grave. The discovery was made in 2014 by local historian Catherine Corless, who discovered that 796 infants had died without burial records at a facility…
There are quiet weeks on Wall Street, but there are no idle weeks. The broader S&P 500 index barely pulled back the curtain last week, rising 0.3%, slowing a two-week 5.5% rebound and ending just a quarter short of its Oct. 28 closing high. The slow, but positive development reflects the sector-to-sector rotation that supported the tape and dampened volatility, with the sector-to-sector rotation getting the market back into gear in November. I started bleeding for the first time in almost 6 weeks towards the 15th. .SPX YTD Mountain S&P 500, year-to-date But look and listen closely and a more…