Author: News Room

Politics can be tiring. The 2024 election, set to be a contest between two of the nation’s oldest-ever candidates, is marked by undertones of war, a doozy of federal crimes, and increasingly divided voters.Guy Rose, 6, is showing us all how he copes.As his father, GOP Rep. John Rose of Tennessee, took the podium on Monday to blast former President Donald Trump’s New York prosecutors, the boy, sitting behind, pulled a range of faces for the camera.First, he flashed the camera with a winning smile, then appeared to lose interest before seemingly cooking up a fun idea. “Regardless of one’s…

By Francesco Guarascio HANOI (Reuters) – Vietnam’s central bank lent another $1.2 billion to ailing Saigon Joint Stock Commercial Bank over the last two months, according to a bank document seen by Reuters, taking the total to $24.5 billion as part of its efforts to rescue depositors. The massive bailout of Saigon Joint Stock Commercial Bank’s (SCB) depositors has so far cost the central bank the equivalent of 6% of Vietnam’s 2023 gross domestic product in special loans. Reuters reported in April that the central bank had mounted an “unprecedented” rescue of SCB, a lender engulfed in the nation’s biggest…

By Daniel Leussink TOKYO (Reuters) -Japanese transport ministry officials launched an on-site investigation at Toyota Motor (NYSE:)’s headquarters on Tuesday after irregularities were found in its applications to certify certain vehicle models. The widening fallout over certification tests stems from a safety test scandal at Toyota’s Daihatsu compact car unit and has also ensnared other Japanese automakers after the ministry ordered industry-wide checks of certification practices. Toyota, Mazda, Honda (NYSE:), Suzuki and Yamaha Motor said they had submitted either flawed or manipulated data when applying for certification of vehicles. Toyota, Japan’s largest automaker, was the first to undergo an inspection…

Investing.com– The Organization of Petroleum Exporting Countries and allies (OPEC+) said at its recent meeting that it planned to begin scaling back some of its production cuts from later this year- a scenario that Macquarie said presents long-term pressure on oil prices.  The OPEC+ said it will maintain production cuts of 3.6 million barrels per day (bpd) until the end of the year, and 2.2 million bpd of cuts until end-September. The cartel outlined plans to begin scaling back the 2.2 million bpd of cuts from October 2024 to September 2025.  While the OPEC+’s decision to maintain production cuts for…

India’s Nifty loses 4% so far, having opened 1% lower on Tuesday. Vote counting raises doubts on a clear victory margin for the PM Modi-led BJP alliance. All eyes remain on India’s election outcome and the June 7 RBI policy decision. Nifty 50, India’s key benchmark index, extends its decline, losing about 4% so far this Tuesday. Markets are witnessing a big sell-off, as the vote counting gets underway and raises uncertainty over a victory by a decisive majority for the Prime Minister Narendra Modi-led Bharatiya Janata Party (BJP) alliance when compared to the predictions by the exit polls over…

In the fast-evolving world of Web3 and cryptocurrency, strategic partnerships are pivotal. One such groundbreaking alliance has been formed between Sidus Heroes, a trailblazer in Web3 gaming, and DWF Labs, a prominent player in high-frequency cryptocurrency trading and investment. This partnership marks a significant chapter in Sidus Heroes’ journey, promising to bolster its development and expand its footprint in the Web3 arena. A Strategic Investment with Far-reaching Implications Sidus Heroes has recently announced receiving strategic investment from DWF Labs. Known for its extensive operations across more than 60 top exchanges where it trades spot and derivatives markets, DWF Labs brings…

Even after former President Donald Trump’s conviction last week on 34 felony counts, he and President Joe Biden remain stuck in a strikingly similar strategic position: Neither man can win without attracting a significant sliver of voters who dislike them but may be even more alienated from their opponent. While the guilty verdict in Trump’s hush money trial seems likely to further weaken his already tenuous standing with voters, by itself it’s unlikely to strengthen Biden’s own precarious position with the public. That means the election will likely pivot on whether more voters in the key states place greater weight…

Looking for Monday’s Wordle hints, clues and answer? You can find them here: Tuesday is here and with it the debut of the new Star Wars Disney+ series, The Acolyte, which I will be reviewing here on this blog (be sure to follow me!) I admit, I’m fairly skeptical from what I’ve seen so far and just from Star Wars’ track record overall for the past two decades (and change) both under George Lucas and the House of Mouse. Andor was brilliant, and The Mandalorian was pretty good until it fell off a cliff in Season 3. Hopefully The Acolyte…

The New York Stock Exchange said it will cancel trades made after a glitch caused trading halts for 40 stocks on Monday morning — including Berkshire Hathaway, which appeared to trade at a 99% discount.Class A shares of the Warren Buffett company appeared to trade at $185.10 per share before a trading halt kicked in. Trading can be paused before a news event, due to regulatory concerns, or if a stock moves outside certain price bands, which is what happened to Berkshire Hathaway.A handful of trades took place at the discounted price in the minute before the halt started, according…

Watch full video on YouTube