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US President Donald Trump speaks during a health care affordability event in the Oval Office of White House in Washington, DC, on April 23, 2026.Brendan Smialowski | AFP | Getty ImagesPresident Donald Trump on Thursday said Americans should anticipate paying higher gas prices “for a little while” as a result of the Iran war, without specifying a timeline.But Trump said he is in no rush to make a peace deal with Tehran, while claiming the war has had less of an impact on both stocks and oil prices than he had expected.”I have to be honest, the stock market is…
U.S. President Donald Trump speaks in the Oval Office, with Vice President JD Vance and Secretary of State Marco Rubio standing behind him, at the White House in Washington, D.C., U.S., April 23, 2026. Kylie Cooper | ReutersIsrael and Lebanon agreed to extend their ceasefire by three weeks following a meeting in the White House with top U.S. officials, President Donald Trump said Thursday.”The Meeting went very well!” Trump said in a Truth Social post announcing the extension of the temporary truce.”The United States is going to work with Lebanon in order to help it protect itself from Hezbollah,” Trump…
Struggling Nike will cut around 1,400 jobs in efficiency push Source link
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025.Alex Wroblewski | Bloomberg | Getty ImagesIntel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker jumped 16% in after-hours trading.Here’s how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: 29 cents adjusted vs. 1 cent expectedRevenue: $13.58 billion vs. $12.42 billion expectedIntel has been a Wall Street darling of late, with its stock up more…
The US president earlier told the BBC the UK should have given more support to the US over the Iran war. Source link
U.S. President Donald Trump (C) speaks during an event on advancing health care affordability in the Oval Office of the White House on April 23, 2026 in Washington, DC. Alex Wong | Getty ImagesRegeneron agreed to lower U.S. drug prices for some Americans as part of a deal with President Donald Trump, the White House said on Thursday.The biotech company will also offer the first hearing-loss gene therapy for free to eligible U.S. patients following regulatory approval of the product earlier Thursday. Regeneron is the latest in a string of major drugmakers to make pricing concessions for new and existing medicines…
Citi creates Financial and Strategic Investors group in investment banking, hires Lazard executive Source link
In a Congressional hearing on Wednesday, Sen. Bernie Sanders (I-Vt.) directly confronted anti-vaccine Health Secretary Robert F. Kennedy Jr. on his rejection of germ theory—the unquestionable scientific idea that specific pathogenic microbes cause specific diseases. After Kennedy defended his fringe view, Senator Bill Cassidy fact-checked and debunked Kennedy’s denialist arguments in real time. The exchanges mark a rare instance in which Kennedy’s dismissal of germ theory has been raised in such a high-profile public setting, in this case, a hearing of the Senate Committee on Health, Education, Labor, and Pensions. Kennedy, who has no background in science, medicine, or public…
The Trump administration on Thursday accused Chinese entities of waging “industrial-scale campaigns” to rip off U.S. artificial intelligence systems, and said it will explore ways to hold the foreign actors accountable.”There is nothing innovative about systematically extracting and copying the innovations of American industry,” Michael Kratsios, the top science and technology advisor to President Donald Trump, said in a memo on alleged Chinese “distillation” operations to train smaller AI models off of larger ones.The U.S. government has previously accused China of targeting American AI technology and intellectual property.Kratsios warned that as it gets easier to detect and prevent large-scale “distillation”…
France, Provence-Alpes-Cote d’Azur, French Riviera, Alpes-Maritimes, Principality of Monaco.Marco Bottigelli | Moment | Getty ImagesA million dollars isn’t what it used to be — especially in luxury real estate.According to the new Knight Frank Wealth Report, $1 million buys you only 16 square meters (or about 172 square feet) in Monaco, the world’s most expensive luxury market as measured per meter. That’s down from 17 square meters (182 square feet) in 2020.In Hong Kong, which ranks second, $1 million gets you 22.5 square meters, or about 242 square feet. New York looks downright affordable next to London, Singapore and Geneva,…