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Yahoo FinanceNvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
- Yahoo News
California wildfires live updates: 10 killed in Los Angeles County as Palisades, Kenneth and Eaton fires continue to burn
The wildfires in Los Angeles entered a fourth day on Friday.
- Reuters
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA Global Research forecasting a potential rate hike from the central bank. Data on Friday showed, Nonfarm payrolls increased by 256,000 jobs last month, the most since March, and data for October and November was revised to show 8,000 fewer jobs added than previously reported. Market participants see a 76.31% probability that the Fed will cut rates by 25 basis points in June, according to CME FedWatch tool.
- Reuters
Exclusive-Western powers warn Syria over foreign jihadists in army, sources say
U.S., French and German envoys have warned Syria's new Islamist rulers that their appointment of foreign jihadists to senior military posts is a security concern and bad for their image as they try to forge ties with foreign states, two sources familiar with the matter said. The warning from the U.S., part of Western efforts to get Syria's new leaders to reconsider the move, was delivered in a meeting between U.S. envoy Daniel Rubinstein and Syria's de facto ruler Ahmed al-Sharaa on Wednesday at the presidential palace overlooking Damascus, a U.S. official said.
- The Independent
Jamie Lee Curtis faces backlash for ‘atrocious comparison’ of Palisades fire to Gaza
The Oscar-winning actor recently donated $1 million to a fire relief fund to support Los Angeles amid raging wildfires
- Reuters
US hits Russian oil with toughest sanctions yet in bid to give Ukraine, Trump leverage
U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump's incoming team leverage to reach a deal for peace in Ukraine. The move is meant to cut Russia's revenues for continuing the war that has killed or wounded tens of thousands and reduced cities to rubble since Moscow invaded Ukraine in February, 2022. Ukrainian President Volodymyr Zelenskiy said in a post on X that the measures announced on Friday will "deliver a significant blow" to Moscow.
- The Independent
Reform MPs including Nigel Farage paid thousands by Elon Musk’s X for posting on site
The scheme has been branded an ‘unholy alliance’ between the right-wing and billionaire Musk
- BBC
TikTok creators argue against US ban as platform could 'go dark' in days
The Supreme Court is hearing an appeal against a law that bans the video-sharing app in the country unless it is sold.
- The Guardian
California fires: 10 killed and 10,000 structures destroyed as blazes continue
Strong winds and low humidity continue as five fires rage across Los Angeles area, with death toll expected to rise
- Associated Press
Venezuela latest: Nicolás Maduro takes office as global backlash and sanctions mount
Venezuelan President Nicolás Maduro was sworn in for a third six-year term Friday despite international condemnation of his recent reelection as illegitimate, as his administration grows increasingly brazen in cracking down on opponents. The country's legislative palace, where he was sworn in, was heavily guarded by police, military and intelligence officers. While Maduro's supporters were rallying, his opponents were expected to head to the streets after aides to a key opposition leader said that she was briefly detained Thursday following an anti-government demonstration in the capital, Caracas.
- Hello!
2025's biggest pre-loved fashion trends according to Depop
The fashion marketplace forecasts the styles you need to look out for this year, predicted by a trend specialist and retail AI technology
- PA Media: UK News
Former Strictly and Parkinson musical director Laurence Holloway dies aged 86
He died after a ‘short illness’ on Thursday, his family said.
- BBC
Ex-Strictly musical director Laurie Holloway dies aged 86
The pianist and composer worked on a range of BBC programmes and with well known artists over a long career.
- The Independent
Respect our wish for independence says Greenland PM in message to Trump
Múte Egede says the territory wants to be ‘master of our own house’
- PA Media: UK News
Captured lynx had been tamed and are used to humans, says expert
RZSS chief executive David Field said the animals do not have the skills to survive in the wild.
- USA TODAY
TikTok ban before the Supreme Court: Live updates on oral arguments
The Supreme Court is debating if TikTok can be banned in the U.S. later this month in a case pitting national security against free speech.
- Reuters
Russian insurer says US sanctions against it increase risk of environmental disaster
Russian insurance company Ingosstrakh said on Friday that U.S. sanctions against it would increase the risk of environmental disasters. The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in an attempt to give Kyiv and the incoming administration of Donald Trump leverage to reach a deal for peace in Ukraine. The sanctions were imposed on two of Russia's maritime insurance providers: Ingosstrakh and Alphastrakhovanie.
- The Canadian Press
Biden levies new sanctions against Russian energy sector, but it's up to Trump whether to keep them
WASHINGTON (AP) — President Joe Biden's administration announced Friday that it's expanding sanctions against Russia's critically important energy sector, unveiling a new effort to inflict pain on Moscow for its nearly 3-year-old war in Ukraine as President-elect Donald Trump gets set to return to office vowing to quickly end the conflict.
- The Independent
Corrie cast exodus continues as another actor announces series exit
Popular star is the latest in a growing list of cast members leaving ITV series later this year
- Reuters
Russian oil firm shrugs off sanctions, insurer says dodgy operators will profit
Russian oil producer Gazpromneft shrugged off the impact of major new U.S. sanctions on Friday, while insurance company Ingosstrakh said they would create a market vacuum that would benefit less reputable competitors. The outgoing administration of President Joe Biden on Friday imposed its broadest package of sanctions yet, targeting Russia's oil and gas revenues in an attempt to give Kyiv and the incoming administration of Donald Trump leverage to reach a deal for peace in Ukraine.