Oil has always been a crucial energy source for industrialized economies, and as oil prices surge, it can have a domino effect on other areas of the economy. Consumers are already paying more at the pump, with the national average gas price recently surpassing $4 per gallon. Businesses are not immune to these price hikes either, as surging gas prices also drive up shipping costs. Over time, that c...
Oil has always been a crucial energy source for industrialized economies, and as oil prices surge, it can have a domino effect on other areas of the economy. Consumers are already paying more at the pump, with the national average gas price recently surpassing $4 per gallon. Businesses are not immune to these price hikes either, as surging gas prices also drive up shipping costs. Over time, that can cause the economy to contract as consumers spend less and companies tighten their belts through layoffs. While the chance of a U.S. recession beginning in 2026 is relatively low, it's still a possibility -- especially if oil prices remain high throughout the year. Continue reading
Don Garber spoke to reporters at Miami’s stadium debut ‘It’s going to be a premier event and premier pricing’ The commissioner of Major League Soccer, Don Garber, said Fifa has been “smart” about its ticket pricing strategy for this summer’s World Cup, the effect of which has raised prices significantly across all games of the tournament to be held in the US, Mexico and Canada this summer. Garber ...
Don Garber spoke to reporters at Miami’s stadium debut ‘It’s going to be a premier event and premier pricing’ The commissioner of Major League Soccer, Don Garber, said Fifa has been “smart” about its ticket pricing strategy for this summer’s World Cup, the effect of which has raised prices significantly across all games of the tournament to be held in the US, Mexico and Canada this summer. Garber made the comments in Miami, where he attended the inaugural fixture at Inter Miami’s Nu Stadium and spoke to reporters before kick-off. Asked by the Guardian whether high prices resulting from Fifa’s dynamic pricing model undermined the domestic league’s efforts to grow the game and attract new fans, Garber reasoned that the cost attached to tickets matched the event’s exclusivity, and said Americans were used to that. Continue reading...
We don't have enough money coming into the stock market to handle the three big IPOs that are headed our way. Certainly, we can all be excited about how SpaceX could be a $2 trillion company, OpenAI is raising money at an $830 billion valuation, and Anthropic is worth $380 billion and will probably be far larger before launching. I am far more concerned, though, about where all that money will com...
We don't have enough money coming into the stock market to handle the three big IPOs that are headed our way. Certainly, we can all be excited about how SpaceX could be a $2 trillion company, OpenAI is raising money at an $830 billion valuation, and Anthropic is worth $380 billion and will probably be far larger before launching. I am far more concerned, though, about where all that money will come from. Right now, our valuations for these companies are being set by institutions that seem like they have limitless amounts of money. You never hear of any real resistance to any price. OpenAI, if you recall, was valued at $500 billion and then, a few weeks later, at $830 billion, with nothing real happening other than continued user growth. The numbers almost seem to be made up. There's no price-to-earnings multiple; these companies lose gobs of money. There are no plans to make money. They can justify their profitless natures because they are all in those once-in-a-lifetime moments where they are pulling away from the pack, and they can only stall themselves by insisting on being profitable. The marketplace itself is exerting no discipline whatsoever. All fun and games — until someone gets hurt. This market has so much work cut out for it. We have the ongoing war in the Middle East, where the presumption is that air power can destroy the current Iranian regime and force the Strait of Hormuz to open. So far, that has not been the case. We do know that the market cannot go up as long as oil goes higher. It's just axiomatic. There's no saying, "This time it is different," as there is nothing different about a commodity that, when it goes higher, knocks everything else down. You can argue that we have more oil than in the past. But then look at the price of the pump. You can say that artificial intelligence is creating more value, but it is not going to make up for the earnings-per-share losses in the S & P 500 . With an 11.4% jump on Thursday, U.S. oil benchmark WTI crude...
AMD's upcoming Ryzen 9 9950X3D2 listed around $1,000 at several retailers across Canada and the UK — New flagship dual-cache CPU might demand a hefty premium Tom's Hardware
AMD's upcoming Ryzen 9 9950X3D2 listed around $1,000 at several retailers across Canada and the UK — New flagship dual-cache CPU might demand a hefty premium Tom's Hardware
Tomohiro Ohsumi/Getty Images Entertainment The domestic box office delivered a solid early-April showing, led by a blockbuster debut from The Super Mario Galaxy Movie , which surged to the top spot and fueled an estimated $195.7 million total for the weekend, according to studio estimates compiled by Comscore. The figure was slightly below last year’s comparable frame, though year-to-date revenue ...
Tomohiro Ohsumi/Getty Images Entertainment The domestic box office delivered a solid early-April showing, led by a blockbuster debut from The Super Mario Galaxy Movie , which surged to the top spot and fueled an estimated $195.7 million total for the weekend, according to studio estimates compiled by Comscore. The figure was slightly below last year’s comparable frame, though year-to-date revenue remains sharply higher. Universal’s ( CMCSA ) animated tentpole opened to roughly $130.9 million across more than 4,200 theaters in the United States and Canada, making it the clear No. 1 film domestically and globally. The film also generated strong international results, pushing its worldwide haul well beyond $300 million in its opening stretch. The latest installment in the Nintendo-inspired franchise continues the success of its 2023 predecessor and signals ongoing strength in family and video game adaptations. Holdovers stay resilient Amazon MGM’s ( AMZN ) Project Hail Mary held the No. 2 position in its third weekend, bringing in about $30.7 million. The sci-fi film has now surpassed $217 million domestically and continues to perform strongly worldwide. Among new releases, A24’s The Drama debuted in third place with $14.4 million, marking a strong opening for an original, adult-oriented film and quickly recouping its production costs. Disney and Pixar’s ( DIS ) Hoppers continued its steady run, earning $5.8 million in its fifth weekend, while Universal’s ( CMCSA ) Reminders of Him rounded out the top five with $2.2 million. Market shaped by limited supply and strong openers Despite the strong debut from Mario , overall weekend revenue dipped slightly year over year, reflecting a relatively thin release slate outside of major tentpoles. Still, 2026’s box office remains up significantly compared with last year, suggesting continued recovery and momentum for theaters. Top 10 Domestic Box Office (April 3–5, 2026) The Super Mario Galaxy Movie – $130.9M Project Hail Mary – ...
Incident prompts political scrutiny across Hungary as Viktor Orbán trails in polls before next Sunday’s election Serbia has said it found “explosives of devastating power” near a pipeline that carries Russian natural gas to Hungary and beyond, sparking claims by Hungary’s leading opposition candidate of a possible “false flag” operation aimed at influencing the country’s elections. On Sunday, Hung...
Incident prompts political scrutiny across Hungary as Viktor Orbán trails in polls before next Sunday’s election Serbia has said it found “explosives of devastating power” near a pipeline that carries Russian natural gas to Hungary and beyond, sparking claims by Hungary’s leading opposition candidate of a possible “false flag” operation aimed at influencing the country’s elections. On Sunday, Hungary’s prime minister, Viktor Orbán, said he had been informed by Serbia’s president, Aleksandar Vučić, of the discovery near an extension of the TurkStream pipeline, which transports Russian gas through the Balkans to central and eastern Europe. Continue reading...
The New York Times Made A Humiliating Error, And Trump Is Just Loving It Authored by Matt Margolis via PJ Media , The New York Times set out Friday to embarrass President Donald Trump over his hardline stance on NATO. It wound up spectacularly backfiring on them. AP Photo/Mark Lennihan, File Several NATO nations have declined to join a U.S.-Israel military operation targeting Iran. Alliance member...
The New York Times Made A Humiliating Error, And Trump Is Just Loving It Authored by Matt Margolis via PJ Media , The New York Times set out Friday to embarrass President Donald Trump over his hardline stance on NATO. It wound up spectacularly backfiring on them. AP Photo/Mark Lennihan, File Several NATO nations have declined to join a U.S.-Israel military operation targeting Iran. Alliance members also refused Trump's requests to deploy their forces to reopen the Strait of Hormuz, much to the chagrin of President Trump, who figures that if NATO allies won’t help the United States, then the alliance has become meaningless. So the paper ran a piece criticizing Trump's threats to withdraw from the alliance, and the print edition’s headline asked a pointed question: "A North American Treaty Organization Without America?" There's just one problem. NATO stands for the North Atlantic Treaty Organization. The Times apparently forgot that detail, and, after being mocked on social media, quietly issued a correction through its communications team on X. A correction will appear in tomorrow's print edition: "A headline with an article on Friday about President Trump’s threats to leave NATO misstated the full name of the body. It is the North Atlantic Treaty Organization, not the North American Treaty Organization." — NYTimes Communications (@NYTimesPR) April 3, 2026 Trump also joined in on the mocking. “The Failing New York Times, whose lack of credibility, and their constant Fake News attacks on your favorite President, ME, has caused its circulation to absolutely PLUMMET, referred to our severely weakened and extremely unreliable ‘partner,’ NATO, as the North American Treaty Organization ,” Trump wrote in a post on Truth Social Saturday morning. ‘The correct name is the North Atlantic Treaty Organization - A very interesting mistake! The hiring and educational standards have gone way down at the NYT.” He added, “Bring back, ‘ALL THE NEWS THAT’S FIT TO PRINT’ and, Make Americ...
A leading hedge fund manager recently highlighted MercadoLibre as a top long term growth idea. The investor compared MercadoLibre's ecosystem across e commerce, fintech, and logistics to Amazon's development path. Commentary focused on the company's position in Latin American markets that remain relatively under penetrated. MercadoLibre, traded as NasdaqGS:MELI, operates at the center of e commerc...
A leading hedge fund manager recently highlighted MercadoLibre as a top long term growth idea. The investor compared MercadoLibre's ecosystem across e commerce, fintech, and logistics to Amazon's development path. Commentary focused on the company's position in Latin American markets that remain relatively under penetrated. MercadoLibre, traded as NasdaqGS:MELI, operates at the center of e commerce and digital finance in Latin America, with activities spanning online marketplaces, payments,...
Amazon.com (NasdaqGS:AMZN) is re-entering the smartphone market with a new AI-centric device called Transformer. The Transformer is designed as a personalization hub that is tightly linked to Alexa and Amazon’s services, with an emphasis on AI-driven mobile experiences. The device is positioned to reduce reliance on traditional app stores and route users more directly into Amazon’s ecosystem. For ...
Amazon.com (NasdaqGS:AMZN) is re-entering the smartphone market with a new AI-centric device called Transformer. The Transformer is designed as a personalization hub that is tightly linked to Alexa and Amazon’s services, with an emphasis on AI-driven mobile experiences. The device is positioned to reduce reliance on traditional app stores and route users more directly into Amazon’s ecosystem. For investors tracking Amazon.com at a share price of $209.77, the renewed push into smartphones...