By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) – After weeks of intensive diplomacy aimed at securing a ceasefire between Israel and Hezbollah militants, the United States has settled on an altogether different approach: let the unfolding conflict in Lebanon play out. Just two weeks ago, the United States and France were demanding an immediate 21-day ceasefire to ward off an Israeli invasion of Lebanon. That effort was derailed by Israel’s assassination of Hezbollah leader Syed Hassan Nasrallah, the Oct. 1 launch of Israeli ground operations in southern Lebanon and Israeli airstrikes that have wiped out much of the group’s…
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The Federal Aviation Administration approved a license on Saturday for the launch of SpaceX’s Starship 5 set for Sunday after earlier saying it did not expect to make a decision until late November.Reuters first reported this week the faster than expected timetable after the FAA in September had suggested a much longer review.SpaceX is targeting Sunday for the launch and said a 30-minute launch window opens at 7:00 a.m. CT. The FAA said on Saturday SpaceX had “met all safety, environmental and other licensing requirements for the suborbital test flight” for the fifth test of the Starship and has also…
Advanced Micro Devices recently shared various updates about the AI accelerator market. Source link
By Adam Makary and Nidal al-Mughrabi (Reuters) -Thousands of people are trapped in Gaza’s Jabalia camp as Israeli forces attack the area, Médecins Sans Frontières (Doctors Without Borders) said on Friday, a week after Israel launched an offensive there which it says is aimed at stopping Hamas regrouping. At least 20 Palestinians were killed and dozens more were wounded late on Friday by Israeli strikes in Jabalia, which also damaged four nearby homes, medics told Reuters. The death toll is likely to rise, they added. Israeli military strikes killed at least 61 Palestinians across the Gaza Strip on Friday, the…
In a time when we most need each other, we are the most alone. In May of 2023, the U.S. Surgeon General released an advisory calling attention to our epidemic of loneliness and isolation. Even before the COVID-19 pandemic, over half of Americans reported measurable levels of loneliness. Often known as the silent killer, loneliness has been shown to lead to a myriad of individual and societal health problems, including depression, anxiety, and addictions to alcohol, drugs, and gambling.Loneliness is a complex state caused by myriad of personal circumstances as well as societal trends. And while much attention has been given to…
New leadership and a refocus on its core strengths should help Nike in this transition period. Nike (NKE 0.06%) checks the boxes for being a blue chip stock. It’s been an industry leader for quite some time, it’s financially stable, and it has a global brand many companies could only dream of matching. Unfortunately, being a blue chip stock doesn’t make you immune from down periods, and that’s exactly what Nike has gone through these past few years. Since hitting an all-time high in Nov. 2021, Nike stock is now down close to 55%. It’s fallen 24% in 2024 alone.…
Noam Galai/Getty ImagesThe stock market has surged since October 2022, with major indexes posting strong gains.With the bull market in stocks now two years old, investors are wondering how long the rally can last.According to stock market experts, the answer is: a lot longer.The stock market bottomed on October 12, 2022, marking two years since the start of the ongoing bull rally.Since then, the Nasdaq 100, S&P 500, and Dow Jones Industrial Average have posted impressive gains of 88%, 62%, and 46%, respectively.A resilient job market, lower inflation, and continued corporate earnings growth helped push the stock market higher over…
High-net-worth investors use many loopholes to reduce their taxes.Among them are exchange funds, collars, 1031s, and hedging and borrowing against assets.But investing in qualified opportunity zones has been the home run strategy. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. In simple terms, there are only three places your money can go: to you…
There are still attractively valued tech stocks despite the market’s strong performance this year. It’s been a strong year for the stock market and with the Federal Reserve beginning to cut rates as part of a normalization cycle, the good times are likely to continue. Tech stocks in particular have helped lead the way, as artificial intelligence (AI) is driving a lot of momentum in the market. Despite the market’s strong run, there are still a number of attractively valued tech stocks that look like good investments. Let’s look at three tech stocks to invest $1,000 in right now. 1.…
Costco Wholesale (COST), popularly referred to as just Costco, is a well-known big-box retail store chain that sells items in bulk and offers household products and groceries at a discount.When consumers anticipate unfavorable world events that might hinder supply-chain activity, such as the COVID-19 pandemic, they’ll frequently panic-shop at Costco. The company has evidently benefited from some unfortunate recent developments in the world, and that will likely limit future upside potential. Costco has a high valuation and a low dividend yield. I’m neutral on COST, and it doesn’t look like a good month for investors to go shopping on Costco…