Author: Press Room

Market uncertainty should “peak” around the Wednesday tariff deadline, according to Evercore ISI.In a note this week, Julian Emanuel wrote investors should resist tariff angst and accumulate stocks.”All you need is a little less uncertainty,” the firm’s senior managing director said Monday on CNBC’s “Fast Money.”Emanuel compares the market pessimism to the March 2023 regional bank failures.”The mood this morning and over the weekend talking with clients and talking with colleagues is as negative as I can remember going back to when Silicon Valley Bank blew up,” he said. “We didn’t know the Fed was going to ‘take care of…

When President Trump issued an executive order claiming that the Smithsonian Institution had “come under the influence of a divisive, race-centered ideology,” he singled out a sculpture exhibition at the Smithsonian American Art Museum in Washington.The exhibition, called “The Shape of Power: Stories of Race and American Sculpture,” explores how, for more than 200 years, sculpture has both shaped and reflected attitudes about race in the United States.The president’s order noted, among other things, that the show “promotes the view that race is not a biological reality but a social construct, stating ‘Race is a human invention.’”In interviews, several scholars…

At the end of every “Saturday Night Live” episode, the host, the musical guest and cast members assemble onstage to say goodbye to the audience and viewers at home. While the music plays and the credits roll, they make small talk, shake hands and say their farewells.There’s not much to think about.Usually.Social media has been abuzz since Morgan Wallen, the pop-country superstar who was the musical guest on Saturday, walked offstage while the end credits rolled, leaving behind the host, Mikey Madison, and the rest of the “S.N.L.” cast. It is not clear whether his sudden exit was an intentional…

Amazon has restarted drone deliveries in two states after a months-long pause, the company confirmed.In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it’s testing the service, as the company rolled out a software update to its drone fleet.Amazon discovered an abnormality with the drone’s altitude sensor, caused by dust in the air, that could have caused its system to produce an inaccurate reading of its position relative to the ground, the company said. Amazon “never experienced an actual safety issue,” but said it opted to suspend deliveries while it…

A Delta Air Lines Boeing 767-332(ER).Joan Valls | Nurphoto | Getty ImagesA Delta Air Lines flight had a reported close call Friday with a U.S. Air Force jet near Ronald Reagan Washington National Airport.CNN first reported the close call between the Airbus A319 that was departing Reagan and an Air Force T-38 jet, which is often used for training.The aircraft were close enough that alarms went off in the cockpit of the Airbus, CNN reported.Delta Flight 2983, which was destined for Minneapolis-St. Paul, was on a regularly scheduled route during the incident. It had two pilots, three flight crew members, and…

President Donald Trump’s administration told several Planned Parenthood affiliates on Monday that it was withholding funding due to possible violations of civil rights laws, according to reports.Politico reported that tens of millions of dollars were being withheld from Planned Parenthood clinics that provide low-income Americans services like contraception, STI testing and other health services.On Monday, nine state affiliates of Planned Parenthood that receive money from the federal government through Title X, a family planning program, got notices saying their funding was being “temporarily withheld.”The publication said that the letter, which was provided by Planned Parenthood, pointed toward “possible violations” of…

A man accused of firebombing a Tesla dealership in Colorado is facing federal charges, Attorney General Pam Bondi said Monday. Cooper Jo Fredrick, 24, was arrested in Plano, Texas, on suspicion of attacking a Tesla dealership on March 7 in Loveland, Colo., Bondi said. “Let this be a warning. You can run, but you cannot hide,” Bondi said in a video message. “Justice is coming.”FBI LAUNCHES TASK FORCE TO CRACK DOWN ON VIOLENT TESLA ATTACKS, MITIGATE THREATS Cooper Jo Frederick, 24, allegedly firebombed a Tesla dealership in Colorado earlier this month.  (Larimer County Sheriff’s Office)Frederick, a resident of Fort Collins, Colo., allegedly…

One year ago, 84 residents of Kelowna’s Hadgraft Wilson Place were forced to evacuate their homes, leaving them uncertain about the future of their living arrangements. Megan Beckmann, one of the displaced residents, recalls the moment she walked into the building as the evacuation news was being delivered.“I watched as the room burst into tears. It was a very hard watch,” she said.The evacuation was prompted by concerns over ground shifting and cracks that were discovered in the building’s foundation. These issues were attributed to construction work at the nearby UBC Okanagan downtown campus.“That began the journey to frequent moving…

Police initially wrongly identified the body of an Indigenous teenager, who was mysteriously found dead on rural train tracks 37 years ago, a coroner has heard.

COLLECTIVE RESISTANCE Mr Trump’s tariff actions are unlikely to stop on Apr 2. He has already indicated plans to impose new tariffs on semiconductors and pharmaceutical imports, which will further upend global trade. For now, the administration appears committed to this course. If inflation rises, stocks tumble or supply chains fracture – all likely – the pressure will mount. That may come in the form of market turmoil, public anger or coordinated global retaliation. At present, however, the world finds itself trapped in the “prisoner’s dilemma”. While collective action would benefit all, each country has strong incentive to protect itself.…