Solidarity Wealth LLC trimmed its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 11.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,897 shares of the software giant's stock after selling 6,974 shares during the quarter. Microsoft makes up 6.0% of Solidarity Wealth LLC's...
Solidarity Wealth LLC trimmed its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 11.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,897 shares of the software giant's stock after selling 6,974 shares during the quarter. Microsoft makes up 6.0% of Solidarity Wealth LLC's holdings, making the stock its 3rd biggest holding. Solidarity Wealth LLC's holdings in Microsoft were worth $27,916,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Capital Management Inc. bought a new stake in Microsoft in the 2nd quarter valued at about $9,941,000. Sound View Wealth Advisors Group LLC lifted its position in Microsoft by 2.6% during the second quarter. Sound View Wealth Advisors Group LLC now owns 94,120 shares of the software giant's stock valued at $46,816,000 after purchasing an additional 2,373 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in shares of Microsoft by 3.8% during the 2nd quarter. Bank Pictet & Cie Europe AG now owns 922,524 shares of the software giant's stock valued at $457,119,000 after purchasing an additional 33,382 shares during the last quarter. Weaver Capital Management LLC boosted its position in Microsoft by 14.0% during the 3rd quarter. Weaver Capital Management LLC now owns 18,340 shares of the software giant's stock valued at $9,499,000 after buying an additional 2,247 shares during the period. Finally, Gradient Investments LLC raised its holdings in Microsoft by 4.3% in the 3rd quarter. Gradient Investments LLC now owns 285,163 shares of the software giant's stock worth $147,700,000 after purchasing an additional 11,770 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock. Get Microsoft alerts: Sign Up Analysts Set New Price...
Cortland Associates Inc. MO cut its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 10.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,497 shares of the iPhone maker's stock after selling 3,150 shares during the period. Apple makes up 0.8% of Cortland Associates Inc. MO's investment portfolio, making the stock its 26th largest position. Co...
Cortland Associates Inc. MO cut its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 10.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,497 shares of the iPhone maker's stock after selling 3,150 shares during the period. Apple makes up 0.8% of Cortland Associates Inc. MO's investment portfolio, making the stock its 26th largest position. Cortland Associates Inc. MO's holdings in Apple were worth $6,747,000 as of its most recent filing with the SEC. Get Apple alerts: Sign Up Other institutional investors and hedge funds have also recently bought and sold shares of the company. ROSS JOHNSON & Associates LLC raised its stake in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares during the period. LSV Asset Management purchased a new position in Apple in the fourth quarter valued at about $65,000. Nexus Investment Management ULC lifted its stake in shares of Apple by 333.3% during the second quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker's stock worth $53,000 after purchasing an additional 200 shares in the last quarter. Morgan Dempsey Capital Management LLC boosted its position in shares of Apple by 41.0% in the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker's stock worth $88,000 after buying an additional 125 shares during the period. Finally, HFM Investment Advisors LLC purchased a new stake in shares of Apple in the first quarter worth about $99,000. Institutional investors and hedge funds own 67.73% of the company's stock. Apple News Summary Here are the key news stories impacting Apple this week: Positive Sentiment: Record quarter driven by iPhone 17 and China — Apple beat revenue and EPS expectations, reported record iPhone sales and gave strong March-quarter revenue/margin guidance, supporting ...
Alpha Cubed Investments LLC decreased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 50.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,151 shares of the chip maker's stock after selling 18,729 shares during the period. Alpha Cubed Investments LLC's holdings in Intel were worth $609...
Alpha Cubed Investments LLC decreased its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 50.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,151 shares of the chip maker's stock after selling 18,729 shares during the period. Alpha Cubed Investments LLC's holdings in Intel were worth $609,000 at the end of the most recent reporting period. A number of other institutional investors also recently modified their holdings of INTC. Sivia Capital Partners LLC lifted its position in shares of Intel by 271.8% during the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock worth $766,000 after acquiring an additional 25,001 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Intel by 50.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 2,338,329 shares of the chip maker's stock worth $52,379,000 after buying an additional 786,190 shares in the last quarter. Pure Financial Advisors LLC boosted its position in shares of Intel by 10.6% in the second quarter. Pure Financial Advisors LLC now owns 23,505 shares of the chip maker's stock valued at $527,000 after acquiring an additional 2,261 shares during the period. Naples Global Advisors LLC grew its stake in Intel by 9.6% during the second quarter. Naples Global Advisors LLC now owns 14,558 shares of the chip maker's stock valued at $326,000 after acquiring an additional 1,278 shares in the last quarter. Finally, ASR Vermogensbeheer N.V. increased its holdings in Intel by 6.8% during the 2nd quarter. ASR Vermogensbeheer N.V. now owns 488,431 shares of the chip maker's stock worth $10,940,000 after acquiring an additional 31,246 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors. Get Intel alerts: Sign Up Wall Street Analyst Weigh In A number...
Campbell Newman Asset Management Inc. raised its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 1.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 343,009 shares of the iPhone maker's stock after buying an additional 5,094 shares during the period. Apple comprises about 6.4% of Campbell Newman Asset Management In...
Campbell Newman Asset Management Inc. raised its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 1.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 343,009 shares of the iPhone maker's stock after buying an additional 5,094 shares during the period. Apple comprises about 6.4% of Campbell Newman Asset Management Inc.'s investment portfolio, making the stock its 2nd biggest position. Campbell Newman Asset Management Inc.'s holdings in Apple were worth $87,340,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get Apple alerts: Sign Up A number of other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Apple in the 2nd quarter worth approximately $38,942,255,000. Nuveen LLC purchased a new position in Apple during the first quarter valued at $17,472,482,000. PKS Advisory Services LLC boosted its holdings in Apple by 98,917.0% in the second quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker's stock worth $12,106,000 after acquiring an additional 57,898,088 shares in the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of Apple by 20,464.8% in the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock worth $5,553,753,000 after acquiring an additional 26,937,401 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Apple by 13.3% during the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock valued at $42,918,365,000 after acquiring an additional 20,079,472 shares in the last quarter. Institutional investors own 67.73% of the company's stock. Apple Stock Up 0.5% NASDAQ AAPL opened at $259.48 on Friday. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62. The company has a quick ratio of 0.86...
This insurance company helps cover its clients' properties against natural disasters, but its stock has been anything but a disaster. On Jan. 21, 2026, Mac Armstrong, CEO and Chairman of Palomar Holdings (PLMR +0.30%), indirectly sold 5,000 shares in multiple open-market transactions for a total value of approximately $645,000, according to the SEC Form 4 filing. Transaction summary Metric Value S...
This insurance company helps cover its clients' properties against natural disasters, but its stock has been anything but a disaster. On Jan. 21, 2026, Mac Armstrong, CEO and Chairman of Palomar Holdings (PLMR +0.30%), indirectly sold 5,000 shares in multiple open-market transactions for a total value of approximately $645,000, according to the SEC Form 4 filing. Transaction summary Metric Value Shares sold (indirect) 5,000 Transaction value ~$645,000 Post-transaction shares (direct) 80,314 Post-transaction shares (indirect) 348,388 Post-transaction value (direct ownership) ~$10.4 million Transaction value based on SEC Form 4 weighted average purchase price ($129.00); post-transaction value based on Jan. 21, 2026 market close ($130.00). Key questions How significant was this transaction in the context of Armstrong’s overall ownership? The 5,000 shares sold represented 1.15% of Armstrong’s total ownership at the time. The 5,000 shares sold represented 1.15% of Armstrong’s total ownership at the time. How does this sale compare to Armstrong’s historical selling cadence and trade size? From Jan. 2025 to the date of that transaction, Armstrong executed similar 5,000-share sales on a periodic basis, in line with the median sell size for the recent period. Company overview Metric Value Revenue (TTM) $778.36 million Net income (TTM) $175.87 million Price (as of Jan. 31, 2026) $123.59 1-year price change 13.77% * 1-year performance calculated using Jan. 31, 2026 as the reference date. Company snapshot Palomar Holdings is a specialty property and casualty insurer focused on niche markets underserved by traditional carriers. The company leverages disciplined underwriting and diversified distribution channels to drive profitable growth and manage risk exposure. Its specialty insurance products include residential and commercial earthquake, residential flood, and inland marine. What this transaction means for investors Before January closed, there was another transaction a week...
Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report) have received an average recommendation of "Buy" from the twelve research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. ...
Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report) have received an average recommendation of "Buy" from the twelve research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $381.6667. A number of brokerages have recently commented on TSM. Freedom Capital raised Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research report on Thursday, January 15th. Argus upgraded Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research note on Thursday, January 15th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Saturday, January 17th. TD Cowen boosted their price target on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a "hold" rating in a research report on Friday, January 16th. Finally, Dbs Bank upgraded shares of Taiwan Semiconductor Manufacturing to a "moderate buy" rating in a research note on Friday, January 23rd. Get TSM alerts: Sign Up View Our Latest Research Report on Taiwan Semiconductor Manufacturing Taiwan Semiconductor Manufacturing Price Performance Shares of NYSE:TSM opened at $330.69 on Friday. The company has a market capitalization of $1.71 trillion, a P/E ratio of 31.05, a price-to-earnings-growth ratio of 0.96 and a beta of 1.29. The company's 50-day moving average is $309.73 and its 200 day moving average is $280.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.69. Taiwan Semiconductor Manufacturing has a fifty-two week low of $134.25 and a fifty-two week high of $351.33. Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free R...
Social Security's inflation-measuring yardstick continues to come up short for those who rely most on Social Security income. For many of the more than 53 million retired workers currently receiving a monthly Social Security benefit, their payout isn't a luxury -- it's a necessity. Based on 24 annual surveys conducted by national pollster Gallup, between 80% and 90% of retirees rely on their Socia...
Social Security's inflation-measuring yardstick continues to come up short for those who rely most on Social Security income. For many of the more than 53 million retired workers currently receiving a monthly Social Security benefit, their payout isn't a luxury -- it's a necessity. Based on 24 annual surveys conducted by national pollster Gallup, between 80% and 90% of retirees rely on their Social Security income, to some varying degree, to make ends meet. For most of these seniors, there are few announcements more anticipated than the annual reveal of Social Security's cost-of-living adjustment (COLA) in mid-October. While larger monthly checks are likely to put a smile on the faces of most beneficiaries, the unpleasant truth is that Social Security's COLA comes with an inherent fatal flaw -- and it's the very seniors who depend the most on this retirement program who are paying the price. What, exactly, is the purpose of Social Security's cost-of-living adjustment? In its simplest form, Social Security's COLA is the mechanism that helps beneficiaries combat the effects of inflation (rising prices). Hypothetically, let's assume that a broad basket of goods and services regularly purchased by seniors increases in cost by 3% from one year to the next. If Social Security benefits remained static, program recipients would lose buying power (i.e., they wouldn't be able to purchase the same amount of goods and services). The near-annual cost-of-living adjustment attempts to mirror the effects of inflation and increase benefits. Before 1975, there wasn't any set formula or schedule for passing along these "raises" to beneficiaries. Instead, special sessions of Congress would, from time to time, increase benefits for program recipients. For instance, beneficiaries went the entirety of the 1940s without a COLA and received the largest-ever raise on record (77%) in 1950. Beginning in 1975, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was adop...
The National Stock Exchange of India Ltd. plans to launch its initial public offering in the next seven to eight months, CNBC-TV18 reported, citing Chief Executive Officer Ashish Kumar Chauhan . The exchange, having received approval from the market regulator, is working on preparing the draft red herring prospectus. The process would take about four months to prepare the document, followed by ano...
The National Stock Exchange of India Ltd. plans to launch its initial public offering in the next seven to eight months, CNBC-TV18 reported, citing Chief Executive Officer Ashish Kumar Chauhan . The exchange, having received approval from the market regulator, is working on preparing the draft red herring prospectus. The process would take about four months to prepare the document, followed by another two to three months to get regulatory approvals and launch the IPO, the channel cited Chauhan as saying. Read More: Indian Regulator Clears NSE IPO Plan Ending Decade-Long Wait (2) The Securities Exchange Board of India granted approval this week, nearly a decade after the bourse first filed for an IPO in 2016. That plan was stalled after the regulator raised concerns over corporate governance lapses and alleged unfair market access. NSE, backed by investors including Temasek Holdings Pte., had filed two applications to settle related litigations for 12.97 billion rupees ($141 million).
Key Points Buffett completely sold out of Nu Holdings at the end of 2024. Nu has become the largest financial institution in Brazil. Nu has wide expansion opportunities in new markets. 10 stocks we like better than Nu Holdings › Warren Buffett may no longer be the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), but until the 2026 first-quarter results are in, the company's quarterly data is ...
Key Points Buffett completely sold out of Nu Holdings at the end of 2024. Nu has become the largest financial institution in Brazil. Nu has wide expansion opportunities in new markets. 10 stocks we like better than Nu Holdings › Warren Buffett may no longer be the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), but until the 2026 first-quarter results are in, the company's quarterly data is still from under his watch, including the yet-to-be-reported fourth-quarter results. Buffett would be the first person to admit that he makes mistakes, and his company missed out on incredible gains when it completely closed its position in Nu Holdings (NYSE: NU) at the end of 2024. Buffett rarely discusses specific trades, and there could be myriad reasons why the company sold out of it. Berkshire Hathaway participated in a late-stage private seed round before the company went public in 2021, which is how it ended up as an institutional investor in the company at its initial public offering (IPO). In other words, it's not the typical Buffett equity position. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » However, it's been clear that Nu has incredible opportunities, even though it's a riskier play than the standard Buffett stock. A year after Berkshire Hathaway sold its last share, Nu stock has trounced every other Buffett stock on a U.S. stock exchange, as I predicted last May. Here how it performed in 2025 vs. the top 10 stocks in the Berkshire Hathaway portfolio, which were Nucor, Heico, Capital One, Ally Financial, American Express, Bank of America, VeriSign, Apple, Moody's, and Amazon: The list doesn't include Alphabet, which the company bought in the 2025 third quarter and gained 65% last year. Nu is starting the year on a high, already up 11%. Let's see why it's an exciting company, and why you might want to consider adding shares to your portfolio. Digital banking in new markets...
A lot can happen in five years. Many shareholders profess to be long-term buy-and-hold investors, but excess volatility, economic instability, and even lofty valuations can test the mettle of even the most experienced investors. Such has been the case with Nvidia (NVDA 0.72%) during the past half-decade. Back in early 2021, roughly half its revenue came from its gaming segment. The stock kicked of...
A lot can happen in five years. Many shareholders profess to be long-term buy-and-hold investors, but excess volatility, economic instability, and even lofty valuations can test the mettle of even the most experienced investors. Such has been the case with Nvidia (NVDA 0.72%) during the past half-decade. Back in early 2021, roughly half its revenue came from its gaming segment. The stock kicked off 2021 by falling 24% amid fears of a graphics processing unit (GPU) shortage, prompting some investors to head for the exits. The reality turned out to be much different, as Nvidia reported record quarterly revenue of $5 billion for its fiscal 2021 fourth quarter (ended Jan. 31, 2021). The stock defied detractors that year, gaining 125% in 2021. The celebration would be short-lived. A period of rampant inflation and slowing economic growth between November 2021 and October 2022 sent Nvidia into a tailspin, and the stock price plunged 66%. Fast forward to today, and Nvidia is a very different company. The data center segment, driven by demand for artificial intelligence (AI), accounts for the lion's share of the company's accelerating revenue growth. In the third quarter alone, the data center segment delivered record revenue of more than $51 billion -- more than 10 times Nvidia's total revenue five years ago. Expand NASDAQ : NVDA Nvidia Today's Change ( -0.72 %) $ -1.38 Current Price $ 191.13 Key Data Points Market Cap $4.6T Day's Range $ 189.47 - $ 194.49 52wk Range $ 86.62 - $ 212.19 Volume 179M Avg Vol 182M Gross Margin 70.05 % Dividend Yield 0.02 % Furthermore, management's forecast calls for fourth-quarter revenue of $65 billion, or growth of 65%, so Nvidia's growth story is still very much intact. Nvidia investors have learned firsthand the value of holding through the volatility. In fact, if you'd invested just $100 in Nvidia stock five years ago, you'd have $1,479 today (as of this writing). That's a 1,380% gain. To be fair, there's no way investors could have pred...
In the second part of our series on digital politics , we look at how online provocateurs have advanced extreme political ideas – and watched them seep into the mainstream Robert Topinka is a reader in digital media and rhetoric at Birkbeck, University of London Part one: How liberals lost the internet The internet has totally changed the way in which politics is conducted. As established in the f...
In the second part of our series on digital politics , we look at how online provocateurs have advanced extreme political ideas – and watched them seep into the mainstream Robert Topinka is a reader in digital media and rhetoric at Birkbeck, University of London Part one: How liberals lost the internet The internet has totally changed the way in which politics is conducted. As established in the first piece in our series, liberals have totally failed to grasp this fact. The right, however, are thriving in this new world. Future historians studying the role that fringe online ideas played in the US republic’s demise will be spoiled for choice. One episode in particular comes to mind: Tucker Carlson, a former primetime speaker at a Republican convention, inviting a white supremacist livestreamer, Nick Fuentes, on to his YouTube show in 2025 for a chat in which he talked about the influence of “organised Jewry” in the US. Carlson spent years echoing white nationalist talking points on his Fox News show, but Fuentes’ style – combining Nazi salutes with cheeky grins – places him beyond the pale for broadcast television. However, under the logic of YouTube, the meeting of these two major influencers is almost inevitable. Platforms incentivise audience cross-pollination, which is why Fuentes routinely livestreams with figures such as Adin Ross and Andrew Tate, who are known more for their homophobia and misogyny than their thoughts on ethnostates. Robert Topinka is a reader in digital media and rhetoric at Birkbeck, University of London Continue reading...
Thousands of people are set to gather in Budapest to demand the resignation of a senior Hungarian politician, for making a racist remark against Roma people earlier this month. János Lázár told attendees at a political forum that migration was not the solution to the country’s labour shortage. “Since there are no migrants, and someone has to clean the bathrooms on the InterCity trains,” Lázár said...
Thousands of people are set to gather in Budapest to demand the resignation of a senior Hungarian politician, for making a racist remark against Roma people earlier this month. János Lázár told attendees at a political forum that migration was not the solution to the country’s labour shortage. “Since there are no migrants, and someone has to clean the bathrooms on the InterCity trains,” Lázár said Roma people would do the job, using an offensive slur in his speech. The remarks, captured on video, quickly spread online and triggered a widespread backlash. Hungarian Roma organisations, NGOs and opposition politicians demanded that Lázár, a high-ranking ally of the rightwing populist prime minister, Viktor Orbán, apologise and resign. “He has crossed all boundaries,” said Péter Magyar, the leader of the largest opposition party, Tisza. The scandal comes 10 weeks before an election that could cement or break the rule of Orbán’s Fidesz party, which came to power for the second time in 2010. “Fidesz is over, its mandate has expired permanently,” said Ádám Lakatos, an 18-year-old Roma activist and the organiser of Saturday’s protest. Independent polls show a stable lead for Tisza – a centre-right party founded in 2020 – ahead of Fidesz. Outrage over Lázár’s racist remarks could further alienate undecided voters from the governing party. Lázár has apologised, but refused to resign, and has recently appeared alongside Orbán at a party event. He didn’t respond to the Guardian’s request for comment. Roma communities, who have long been scapegoated by the government, experience worse living conditions, higher levels of poverty, and face lower life expectancy than the rest of the Hungarian population. “During its 16 years of rule, Fidesz has not created jobs, or supported [Roma] families,” said Szandi Minzári, a 37-year-old international policy expert with Roma heritage. Roma people are overrepresented in low-paying public jobs, which she said can be exploited by local politicia...
The US Federal Reserve requires “strong, sound and steady leadership”, according to Donald Trump. The president found a man to lead the central bank who would “provide exactly that type of leadership”, he declared.“He’s strong, he’s committed and he’s smart.” This is not how Trump described Kevin Warsh, the former Fed governor whom he unveiled as his new nominee to chair the central bank on Friday...
The US Federal Reserve requires “strong, sound and steady leadership”, according to Donald Trump. The president found a man to lead the central bank who would “provide exactly that type of leadership”, he declared.“He’s strong, he’s committed and he’s smart.” This is not how Trump described Kevin Warsh, the former Fed governor whom he unveiled as his new nominee to chair the central bank on Friday – but how he hailed Jerome Powell, the current Fed chair, when nominating him for the job about eight years ago. “If he’s confirmed by the Senate, Jay will put his considerable talents and experience to work leading our nation’s independent central bank,” Trump said as the November sun shone down on him in the White House Rose Garden in 2017. Trump has long stopped praising Powell. After refusing to bow to Trump’s demands for drastic interest rate cuts, he is now “a moron”, “stupid”, and “incompetent”, according to the president. “There’s something wrong with him,” Trump claimed in November. “I’ll be honest, I’d love to fire his ass.” View image in fullscreen Donald Trump and Jerome Powell at the Federal Reserve building in Washington DC on 24 July 2025. Photograph: Kent Nishimura/Reuters Powell, whose second term as Fed chair is due to expire in May, has refused to give Trump the loyalty he requires of every other leader in the executive branch. And while the president has been able to fire the vast majority of officials who he sees as disloyal, the Fed has so far proven out of his reach. Courts and Wall Street have moved to defend the central bank’s longstanding independence from political interference. With Warsh, Trump believes he’s struck a balance. Global markets were broadly steady after the announcement, which was welcomed by figures in the central banking establishment, like Mark Carney, former governor of the banks of England and Canada – and the president seems confident he has tapped a Fed chair who will prove loyal. “I have known Kevin for a long period of tim...
Russia’s call to revive a troika with China and India is unlikely to be greeted with enthusiasm by New Delhi, with critics pointing to tense border stand-offs and India’s reluctance to be seen as part of an “anti-West” grouping. Russian Foreign Minister Sergey Lavrov earlier this month lauded Moscow’s bilateral ties with Delhi and Beijing, calling for the revival of the Russia-India-China (RIC) tr...
Russia’s call to revive a troika with China and India is unlikely to be greeted with enthusiasm by New Delhi, with critics pointing to tense border stand-offs and India’s reluctance to be seen as part of an “anti-West” grouping. Russian Foreign Minister Sergey Lavrov earlier this month lauded Moscow’s bilateral ties with Delhi and Beijing, calling for the revival of the Russia-India-China (RIC) trialogue. First mooted in 1998 by then Russian prime minister Yevgeny Primakov, the RIC has not taken off due to deep-seated geopolitical and strategic hurdles, particularly the Sino-Indian border tensions. Advertisement Addressing the annual press conference on January 20 reviewing the achievements of Russian diplomacy last year, Lavrov also made clear that multipolarity was “here to stay”. He described Russia’s partnership with India as being of a “particularly privileged strategic nature”, adding that Moscow’s ties with Beijing were “unprecedented” in their level, depth and the “coincidence of positions” on regional and global issues. Advertisement “We need to activate the RIC trilateral format, which in a way is the foundation of Brics, a key element of a multipolar world,” Lavrov said, referring to a Russia and China-led grouping of mostly emerging economies. Brics has expanded its reach to full and partner countries, including those from the Middle East, Africa and Southeast Asia.
Some restaurants in Tokyo have ignited controversy for reportedly enforcing age restrictions on their patrons, with some allowing entry only for people over 25 and others permitting those under 40. In Japan, certain eateries in the capital have begun to adopt these age limitations. For instance, some izakaya, or Japanese pubs, explicitly state, “No entry for customers over 40,” while others only a...
Some restaurants in Tokyo have ignited controversy for reportedly enforcing age restrictions on their patrons, with some allowing entry only for people over 25 and others permitting those under 40. In Japan, certain eateries in the capital have begun to adopt these age limitations. For instance, some izakaya, or Japanese pubs, explicitly state, “No entry for customers over 40,” while others only admit those aged 25 and above. One particular izakaya in Shibuya, whose name has not been disclosed, is renowned for its vibrant atmosphere and displays a sign at the entrance reading, “Only customers aged 20 to 39 are allowed. This izakaya is for the younger generation! We cater exclusively to guests under 40.” While some restaurants permit entry for those over 40, they inform guests in advance about the potential noise and ask if they are comfortable with it. If they agree, they are welcomed. Photo: qpic.cn About 90 per cent of its patrons are in their 20s, enjoying drinks, conversations, and radiating youthful energy, often resulting in a lively environment. Advertisement “Our clientele is predominantly young, but we have received numerous complaints from older customers who found the ambience overly noisy,” the owner told ANN News. “We decided to narrow our customer base to create a comfortable space where everyone can fully enjoy themselves.” Advertisement The owner further noted: “If someone over 40 wishes to enter, we inform them in advance that it may be noisy and ask if they’re comfortable with that. If they don’t mind, we welcome them, even if they exceed 40, as long as they have the mindset of someone in their 20s.” Another restaurant specialising in grilled dishes, which opened in May last year, has adopted a similar approach.