Author: Editor-In-Chief
Futures and options traders work on the NYSE American (AMEX) floor of the New York Stock Exchange on April 17, 2026 in New York City, USA. Brendan McDiarmid | ReutersConventional wisdom can be a stubborn force. With May trading in full swing this week, should investors continue to follow the old adage of “sell in May and walk away” – a strategy of selling stocks in May and re-entering the market in November to avoid the low returns and volume of the Northern Hemisphere summer?Test traditional tradingCurrently, commonly accepted beliefs and traditional trading ideas are being tested. If investors exit…
The scheduled start time for Sunday’s Miami Grand Prix has been brought forward by three hours due to fears of thunderstorms in Florida.The race was originally scheduled for 9pm UK time (4pm local), but after Saturday’s qualifying, F1 and the FIA announced a new start time of 6pm UK time (1pm local). The latest forecast calls for rain in the morning, followed by storms arriving in the mid-afternoon and continuing into the evening. Florida law recommends that outdoor sporting events be canceled as soon as there is lightning and not allowed to resume until 30 minutes have passed since the…
A Spirit Airlines kiosk at New York’s LaGuardia Airport on May 2, hours after Spirit Airlines shut down operations.Leslie Josephs/CNBCBALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flight Friday afternoon. Jeremiah Barton was hours away from his first fight.”This is my first time on a plane,” Burton, a 45-year-old air conditioning and heating engineer, told CNBC at Baltimore-Washington International Thurgood Marshall Airport on Friday, just before leaving for New Orleans to visit his daughter and newborn twins.”To tell you the truth, I Googled the cheapest airline tickets online,” he said, adding that he paid about $500 for…
Explosive-laden quadcopters skimmed over rooftops in southern Lebanon, navigating precisely between blasted buildings and along dirt roads. The drone provided the operator with a clear first-person image of the target, an Israeli tank with soldiers standing nearby. Two words were written in white letters at the top of the photo. “Bomb ready” Experts say quadcopters are fiber-optic drones, a growing weapon Hezbollah uses with deadly precision. Drones are difficult to stop and even harder to detect, allowing operators to see targets in high resolution without emitting signals that could be jammed. Yehoshua Kaliski, a senior researcher at the Israel Institute…
US President Donald Trump said on Saturday night that he would soon consider a new Iranian plan but “I can’t imagine it would be accepted.” “They talked to us about the concept of the agreement. They’ll give us the exact wording,” he told reporters aboard Air Force One in Florida. Iran submitted a 14-point response to the U.S. proposal, Tasnim news agency, affiliated with Iran’s Islamic Revolutionary Guard Corps, reported on Saturday. Tasnim news agency reported that the US has proposed a two-month ceasefire, but Iran believes that “the issue should be resolved within 30 days” and that negotiations should…
Manager Michael Carrick called the matches between Manchester United and Liverpool some of his favorites, while manager Arne Slott said victory would be an “important” step for the Reds towards qualifying for the Champions League.The two sides will meet at Old Trafford on Super Sunday (kick-off 3.30pm), with three points separating the teams in the top four. This game remains the biggest game and rivalry in the Premier League, and it’s a game in which Carrick has plenty of experience playing. “It’s definitely one of my favorite games, it’s an outstanding game,” Manchester United’s head coach said in his pre-match…
When Branneisha Cooper first started taking the GLP-1 injection Munjaro in late 2022, she read online that it could cause temporary hair loss and prepared for the worst.However, it took about a year before she started noticing that her hair was clumping and falling out. Cooper said it was especially shocking because she has always had thick hair.Cooper, 29, told CNBC: “I really hoped that wouldn’t happen.” “What my health care provider told me is that you’re taking drugs that make you lose weight faster, so that could be the cause of your hair loss.”Desperate to combat the side effects,…
Arsenal’s Champions League title defense came to an end with a 4-3 aggregate loss to Lyon in the semi-finals and an unsurprising 3-1 win over Lyon in the second leg.Arsenal capitalized on Lyon’s mistakes in the first leg to take a 2-1 lead into Saturday’s match, but the hosts offered a very different outlook from last weekend’s rather conservative game. One of those differences was the return of Melqui Dumornay, who had missed the previous four games through injury, sparking Arsenal’s comeback. The Haitian international earned a penalty for the hosts in the 16th minute after being fouled by Lotte…
Abel doesn’t see a single successor to Charlie Munger as his top adviserAsked who will play the Charlie Munger to his Warren Buffett, new CEO Greg Abel didn’t name a single person but talked about the team that surrounds him.”You surround yourself with great people, and they’re already here,” he said.Abel mentioned Adam Johnson, who serves as president of Berkshire’s consumer products, service, and retailing businesses and leads NetJets. He also mentioned Ajit Jain, vice chairman of insurance operations, and Katie Farmer, the CEO of BNSF Railway. All three of these executive spent some time on stage with Abel on Saturday.…
The US president said he was considering a 14-point peace plan, but warned that Iran could resume attacks if it misbehaved.Published May 3, 2026May 3, 2026US President Donald Trump has said he is considering Iran’s 14-point proposal to end the war with Iran and warned that the US could resume airstrikes if Iran “misbehaves”.President Trump admitted to reporters in Florida on Saturday before boarding Air Force One that he had been briefed on the “concept of the deal.”Recommended stories list of 3 itemsend of listDespite the diplomatic opening, the US president took a characteristically blunt tone regarding the possibility of…