Posts by Swedan Margen
US: Nasdaq ends at record as stocks shrug off latest Trump tariffs
[NEW YORK] The Nasdaq vaulted to a fresh record on Wednesday, shrugging off new tariff threats from President Donald Trump as Nvidia became the first company to touch US$4 trillion in market valuation. The tech-rich Nasdaq Composite Index ended at 20,611.34, up 0.9 per cent and about 10 points above the prior all-time high. The…
Read MoreFed minutes show committee split around inflation worries
[WASHINGTON] The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a record of policymakers’ most recent meeting showed. “While a few participants noted that tariffs would lead to a one-time increase in prices and would not affect…
Read MoreAmy Bloom’s Favorite Family Novels
Amy Bloom’s latest novel, “I’ll Be Right Here,” tells the story of a single family across more than eight decades. The span of the book renders it, almost by definition, a portrait of how the clan’s members observe one another as the years pass. “With families, everyone is a time traveler,” Bloom writes. “If anyone…
Read MoreWho Was Paige Bell? Glamorous Crew Member Described as ‘Golden Girl’ Found Murdered in Engine Room of Luxury Superyacht Docked in Bahamas
A young crew member, lovingly described by friends as a “golden girl,” is believed to have been murdered while working on a superyacht in the Bahamas. Paige Bell, 20, from Johannesburg, South Africa, was found dead aboard the luxury yacht Far From It while it was docked at Harbour Island last week, according to police,…
Read MoreSingaporean Woman, 34, Charged with Sexually Grooming, Stalking her Primary School Student
A 34-year-old Singaporean woman was charged on Wednesday, July 9, after allegedly committing sexual offences against a boy who was her primary school student and stalking him. The court issued an order prohibiting the identification of the boy and the woman. According to court records, the “accused was the victim’s primary school teacher”. She was…
Read MoreLinda Yaccarino to step down as CEO of Elon Musk’s social media site X
Linda Yaccarino, the chief executive of social media site X, said Wednesday that she’s stepping down from her role after two years at the company. “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company,”…
Read MoreA Rogue District Judge Forces a Confrontation with the Executive Branch
In the conflict over Planned Parenthood funding, the president is duty-bound to defend and implement federal law. Source link
Read MoreWho Was Jeff Ramsey? Dad Leaves Harrowing Goodbye Voicemails to His Children Before Dying with Wife in the Devastating Texas Floods
A Texas father recorded emotional farewell voicemails for his children moments before he and his wife were swept away by raging floodwaters, the couple’s son said. Jeff Ramsey, 61, an insurance agent from Lewisville, is missing after a deadly flash flood swept through his Airstream camper at the HTR RV Park in Kerrville, where he…
Read MoreWhat Is OpenAI’s Scaling Team? Tesla, xAI, Meta Engineers Join Their Ranks as AI Hiring Competition Heats Up
After Meta made headlines for poaching top AI talent from rival companies to build its superintelligence team, another tech giant—OpenAI—is now making a similar move. To advance its AI infrastructure, the company has brought in four senior technology leaders from Tesla, xAI, and Meta, aiming to stay competitive in the race toward artificial general intelligence…
Read MoreUS: Wall Street opens higher as markets await trade talks
Published Wed, Jul 9, 2025 · 09:48 PM [NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 9), as investors shrugged off President Donald Trump’s aggressive tariff moves and kept a close watch on negotiations with global trade partners. At 9.31 am ET, the Dow Jones Industrial Average rose 177.94 points, or 0.40…
Read MoreSGX securities turnover up 23% in June, bringing financial year’s gain to 28%
[SINGAPORE] The operator of the local stock market reported gains in the trading value and volumes of its key products in June, which contributed to the Singapore Exchange (SGX) ending its financial year on a positive note. Total securities market turnover value rose 23 per cent year on year in June, to S$26 billion. That…
Read MoreAmbani’s Reliance Jio delays India IPO beyond this year
[NEW DELHI] Indian telecoms and digital giant Reliance Jio Platforms, led by billionaire Mukesh Ambani, has decided not to launch its planned IPO this year, delaying one of the country’s most anticipated stock offerings, two people familiar with the matter said. Valued by analysts at more than US$100 billion, Jio wants to achieve higher revenue…
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