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ReutersWorld Bank warns that US tariffs could reduce global growth outlook
The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in 2025 by 0.3 percentage point if America's trading partners retaliate with tariffs of their own. Such tariffs, promised by U.S. President-elect Donald Trump, could cut U.S. growth - forecast to reach 2.3% in 2025 - by 0.9% if retaliatory measures are imposed, the bank said, citing economic simulations. Trump, who takes office Monday, has proposed a 10% tariff on global imports, a 25% punitive duty on imports from Canada and Mexico until they clamp down on drugs and migrants crossing borders into the U.S., and a 60% tariff on Chinese goods.
- Insider Monkey
Is Amgen Inc. (AMGN) Among the Best NASDAQ Dividend Stocks to Buy?
We recently published a list of 15 Best NASDAQ Dividend Stocks To Buy. In this article, we are going to take a look at where Amgen Inc. (NASDAQ:AMGN) stands against other best NASDAQ dividend stocks to buy. The NASDAQ, heavily comprised of technology stocks, has been on a consistent upward trajectory for some years. In […]
- The Canadian Press
Nintendo's new Switch 2 console will come out in 2025
LOS ANGELES (AP) — Gaming giant Nintendo revealed its newest console Thursday in a highly anticipated announcement gamers had been waiting for since rumors of its release first spread years ago.
- The Canadian Press
World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty
WASHINGTON (AP) — The global economy is growing steadily in the face of war, protectionist trade policies and high interest rates. It just isn’t growing fast enough to bring relief to the world’s poorest, the World Bank said Thursday in its latest assessment of the global economy.
- USA TODAY
Confirmation hearings live: More on Bondi, other Trump nominees face tough questions
Senators will question Scott Bessent, Trump's choice for Treasury Secretary, and Doug Burgum, his pick for Interior Secretary.
- Evening Standard
OPINION - An economy making unhappy noises, major own goals... Rachel Reeves needs a vibe shift
The Chancellor is six months into the job, with the finest brains of the Treasury and 11 Downing Street on speed dial for advice, and a debut Budget under her belt. The solid growth that was bounding along at a healthy lick of around 0.6% per quarter in the dying days of the Rishi Sunak era hit the buffers at almost exactly the point at which Keir Starmer walked into Number 10 with the Chancellor as his neighbour. Meanwhile, gilt yields — the interest rate that investors demand in return for buying the bonds that keep the wheels of government turning — have spiked by roughly an entire percentage point since last Autumn.
- Insider Monkey
Taboola.com Ltd. (TBLA): A Bull Case Theory
We came across a bullish thesis on Taboola.com Ltd. (TBLA) on Twitter by Hoss. In this article, we will summarize the bulls’ thesis on TBLA. Taboola.com Ltd. (TBLA)’s share was trading at $3.58 as of Jan 15th. TBLA’s forward P/E was 44.84 according to Yahoo Finance. Taboola (TBLA) is a performance advertising technology company focused on connecting […]
- USA TODAY Sports
EA Sports College Football 26 confirmed, will be released in summer
The next installment of the college football video game series will happen after a successful return of the franchise.
- PA Media: UK News
Anne to mark non-combat work by black South Africans during First World War
The Princess Royal is president of the Commonwealth War Graves Commission.
- Associated Press
Some immigrants are already leaving the US in 'self-deportations' as Trump's threats loom
Michel Bérrios left the United States a few days before the new year, giving President-elect Donald Trump's campaign for mass deportations a small victory before they even started. A former leader of a Nicaraguan student uprising, Bérrios had been in the U.S. legally, with nearly a year remaining under President Joe Biden's unprecedented use of humanitarian parole authority for citizens of certain vulnerable countries.
- USA TODAY
Exclusive poll: For Trump, a strengthened hand but skepticism on tax cuts, tariffs
In a new USA TODAY/Suffolk poll, 31% of Americans feel "excited" about Trump taking office, 31% feel "afraid."
- The Canadian Press
FDA OKs sales of Zyn nicotine pouches, citing health benefits for adult smokers
WASHINGTON (AP) — Federal health officials on Thursday backed the public health benefits of nicotine pouches, authorizing Philip Morris International’s Zyn to help adult smokers cut back or quit cigarettes.
- Motorious
Enzo Ferrari Barely Survived WWII
Learn how the cunning racecar driver turned industrialist successfully navigated a war-torn, fractured Italy…
- The Independent
How Kamala Harris’s relationship with Joe Biden turned frosty
The vice president has reportedly ‘expressed deep sadness’ to confidantes
- Evening Standard
Medieval-style self-built commuter 'castle' in Crawley to go to auction for £1 million
Take on a planning battle from your very own fortress in the West Sussex commuter belt
- FTW Outdoors
Can you spot the three copperhead snakes that seemingly disappeared?
Editor’s note: A version of this post was first published on July 31, 2023. A company in Virginia that specializes in animal rescues and relocating unwanted snakes in people’s yards posted a photo of three venomous copperhead snakes that se
- Reuters
FCC rejects complaints over ABC presidential debate, Harris TV appearances
The Federal Communications Commission on Thursday rejected complaints about how ABC News moderated the pre-election TV debate between U.S. President Joe Biden and Republican rival Donald Trump, and appearances of Vice President Kamala Harris on CBS' "60 Minutes" and NBC's "Saturday Night Live." In a statement, outgoing FCC Chair Jessica Rosenworcel said the commission was rejecting complaints that "seek to weaponize the licensing authority of the FCC in a way that is fundamentally at odds with the First Amendment." An advocacy group asked the FCC in 2023 to deny a licence renewal for WTXF-TV, complaining that its parent Fox, which also owns Fox News, had aired "false information about election fraud" about the 2020 presidential election.
- MMA Junkie
UFC 311 'Embedded,' No. 4: Kevin Holland unimpressed by Reinier De Ridder's size
The UFC is back in Southern California for UFC 311, its first pay-per-view of the calendar. year, and the popular "Embedded" fight week video series is here to document what's happening behind the scenes. UFC 311 (pay-per-view, ESPNews/Disney+, ESPN+
- People
Commanders' Zane Gonzalez Opens Up About His OCD After Fans Question His Routine Before Game-Winning Field Goal
"I, above everybody else, realize how crazy it looks doing it. I’m aware. But at the same time, you can’t help it,” Gonzalez said
- CBC
City of Whitehorse to spend $300,000 on Robert Service Way landslide mitigation efforts this year
The City of Whitehorse has allocated $300,000 for responding to the landslide risk along Robert Service Way this year, with half the money going towards traffic-blocking gates. The gates, set to be installed this spring, will be installed at the roundabout exit after Fourth Avenue and at another point before the road connects to the Alaska Highway — a stretch where the escarpment bordering the road has proven unstable in recent years. The subject first came up at a city council meeting on Jan. 6