About 41,000 New Zealanders moved to Australia in 2025, the most in 12 years, drawn by a more robust jobs market. When even former Prime Minister Jacinda Ardern left, it made international headlines. Net citizen migration is at its lowest since records began, and unlike in past waves, people aren't coming home. Former PM John Key, Cambridge Provost Gillian Tett, and a young lawyer who says he doub...
About 41,000 New Zealanders moved to Australia in 2025, the most in 12 years, drawn by a more robust jobs market. When even former Prime Minister Jacinda Ardern left, it made international headlines. Net citizen migration is at its lowest since records began, and unlike in past waves, people aren't coming home. Former PM John Key, Cambridge Provost Gillian Tett, and a young lawyer who says he doubled his salary by leaving explain what's gone wrong and what it would take to reverse it. (Source: Bloomberg)
A man walks past a banner depicting Iran's current supreme leader Ayatollah Mojtaba Khamenei along a street Tehran on May 6, 2026. AFP | Getty Images A state of relative calm prevailed around the Strait of Hormuz on Saturday, after days of sporadic flare-ups, as the United States waited for Iran's response to its latest proposals to end more than two months of fighting and begin peace talks. U.S. ...
A man walks past a banner depicting Iran's current supreme leader Ayatollah Mojtaba Khamenei along a street Tehran on May 6, 2026. AFP | Getty Images A state of relative calm prevailed around the Strait of Hormuz on Saturday, after days of sporadic flare-ups, as the United States waited for Iran's response to its latest proposals to end more than two months of fighting and begin peace talks. U.S. Secretary of State Marco Rubio said on Friday that Washington expected a response within hours. But a day later, there was no sign of movement from Tehran on the proposal, which would formally end the war before talks on more contentious issues, including Iran's nuclear program. With U.S. President Donald Trump due to begin a long-awaited visit to China next week, there has been mounting pressure to draw a line under the conflict, which has thrown energy markets into turmoil and posed a growing threat to the world economy. Recent days have seen the biggest flare-ups in fighting in and around the Strait of Hormuz since a ceasefire began a month ago, and the United Arab Emirates came under renewed attack on Friday. Clashes test ceasefire On Friday, there were sporadic clashes between Iranian forces and U.S. vessels in the strait, Iran's semi-official Fars news agency reported. The Tasnim news agency later cited an Iranian military source saying the situation had calmed but warning more clashes were possible. The U.S. military said it struck two Iran-linked vessels attempting to enter an Iranian port, with a U.S. fighter jet hitting their smokestacks and forcing them to turn back. Tehran has largely blocked non-Iranian shipping through the strait since the war began with U.S.-Israeli airstrikes across Iran on Feb. 28. Before the war, one-fifth of the world's oil supply passed through the narrow waterway. The U.S. imposed a blockade on Iranian vessels last month. But a CIA assessment indicated Iran would not suffer severe economic pressure from a U.S. blockade of Iranian ports ...
Simply hanging on could be a disaster for Iranians, while Trump needs to resolve this economic crisis he created Exchanges of fire between Iran and the US demonstrate the serious instability of the situation in the Middle East. Though the US strikes late on Thursday were just “a love tap”, according to the US president, Donald Trump, the reality is that neither side can continue the high-stakes st...
Simply hanging on could be a disaster for Iranians, while Trump needs to resolve this economic crisis he created Exchanges of fire between Iran and the US demonstrate the serious instability of the situation in the Middle East. Though the US strikes late on Thursday were just “a love tap”, according to the US president, Donald Trump, the reality is that neither side can continue the high-stakes standoff in the strait of Hormuz indefinitely. The US and its ally Israel demonstrated a comprehensive military superiority over Iran – taking minimal casualties in the 38-day war – but Washington has both failed to translate that into strategic dominance and allowed Iran to take control of the strait, driving up the oil price. Continue reading...
Despite a call for calm, a combustible mix of politics and protest punctuated the preview week across the pavilions Every two years the art world assembles in Venice for a sprawling celebration of visual arts at which countries “compete” against one another for the prize of best national pavilion. It is a barometer of taste, a shop window for artists and the industry’s biggest get-together – once ...
Despite a call for calm, a combustible mix of politics and protest punctuated the preview week across the pavilions Every two years the art world assembles in Venice for a sprawling celebration of visual arts at which countries “compete” against one another for the prize of best national pavilion. It is a barometer of taste, a shop window for artists and the industry’s biggest get-together – once described by the art historian Lawrence Alloway as an “orgy of contact and communication”. This year, 99 countries are involved, including Somalia and Qatar, which are among seven first-time participants in an event that was overshadowed by the death of its curator, Koyo Kouoh , just over a year ago. She wanted an event that focused on “enhancement” with a main show called In Minor Keys . Despite the call for calm, a combustible mix of politics and protest punctuated the preview week. The activist group Pussy Riot turned up on site to object to Russia’s inclusion and a strike on Friday in protest at Israel’s inclusion caused several pavilions – including the UK, Austria and France – to close their doors. Continue reading...
An exhibit of psyops leaflets released in Iraq, Afghanistan and Libya finally shows American people the messages that were made in their name By Moustafa Bayoumi For over a century, the United States military has been dropping propaganda leaflets in deliberate psychological operations, or psyops, to achieve success in war. But the key question behind the effort remains unanswered: does it even wor...
An exhibit of psyops leaflets released in Iraq, Afghanistan and Libya finally shows American people the messages that were made in their name By Moustafa Bayoumi For over a century, the United States military has been dropping propaganda leaflets in deliberate psychological operations, or psyops, to achieve success in war. But the key question behind the effort remains unanswered: does it even work? In 1918, the US released more than 3m leaflets behind enemy lines by plane and hydrogen balloon. To their delight, they found the leaflets helped erode morale and unit cohesion among the Germans in the first world war. Or so the story goes. Continue reading...
Bruce Bennett/Getty Images News Wall Street finished the week sharply higher as investors weighed a stronger-than-expected U.S. jobs report, upbeat semiconductor earnings, and escalating geopolitical tensions in the Middle East. However, the State Street Financial Sel Sec SPDR ETF ( XLF ) ended the week 1.31% lower. The week saw AI giant Anthropic introduce 10 ready-to-run agent templates designed...
Bruce Bennett/Getty Images News Wall Street finished the week sharply higher as investors weighed a stronger-than-expected U.S. jobs report, upbeat semiconductor earnings, and escalating geopolitical tensions in the Middle East. However, the State Street Financial Sel Sec SPDR ETF ( XLF ) ended the week 1.31% lower. The week saw AI giant Anthropic introduce 10 ready-to-run agent templates designed to take on the most time-consuming tasks in financial services, including building pitchbooks, screening know-your-customer files, and closing books at month-end. The launch is expected to streamline core banking tasks. However, adoption across financial institutions is expected to remain gradual. Meanwhile, crypto stocks edged up as bitcoin ( BTC-USD ) may be down for the year, but VanEck's head of digital assets research said he sees a massive rally on the horizon. Besides, there were media reports about the White House aiming for July 4 for Congress to pass the Digital Asset Market Clarity Act. Furthermore, earnings continued to shape the overall picture in the financials sector. Among megacap stocks, Wells Fargo ( WFC ) stood out as the biggest weekly decliner, retreating 6.40% to close at $75.64. Banking stocks declined as Treasury Secretary Scott Bessent said U.S. financial institutions and technology companies are strengthening defenses against emerging AI threats, including the possibility that AI tools could be used to penetrate bank accounts and other critical systems. Bank of America ( BAC ) (-3.63% W/W to $51.31) and JPMorgan Chase ( JPM ) (-3.32% W/W to $302.10) were other major losers in the category. JPMorgan was losing even as Meta Platforms was said to be working with the banking giant on ~$13B financing package for a data center in El Paso, Texas. Meanwhile, Morgan Stanley ( MS ) topped the gainers, adding 1.54% to end at $193.09. Morgan Stanley had said it was adding crypto trading to its E*Trade platform, forging into the space by challenging rivals on ...
The US was waiting on Iran’s response to its latest proposal to end the war after suggesting word could come imminently, following clashes in the Strait of Hormuz that strained a month-long ceasefire. Bloomberg News Deputy UAE Bureau Chief Abeer Abu Omar and White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. Iran has still given no indi...
The US was waiting on Iran’s response to its latest proposal to end the war after suggesting word could come imminently, following clashes in the Strait of Hormuz that strained a month-long ceasefire. Bloomberg News Deputy UAE Bureau Chief Abeer Abu Omar and White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. Iran has still given no indication whether it will accept President Donald Trump’s plan, sent on Wednesday, which proposes that the Islamic Republic reopen the waterway and the US end a blockade on Iranian ports over the next month. Tehran’s response is “under review,” Foreign Ministry Spokesman Esmail Baghaei told the semi-official Tasnim news agency, without giving a timeline. Trump told reporters at the White House late Friday he was still expecting a response “tonight.” Asked if Iran was intentionally slow-rolling the process, he said “we’ll find out soon enough.” (Source: Bloomberg)
(RTTNews) - Tenaris S.A. (TS) announced that it has signed a definitive agreement to acquire 100% of the share capital of Artrom Steel Tubes S.A. from GLGH Steel, LLC, a U.S.-based company. The agreed purchase price is 86 million euros, structured on a cash-free and debt-free bas
(RTTNews) - Tenaris S.A. (TS) announced that it has signed a definitive agreement to acquire 100% of the share capital of Artrom Steel Tubes S.A. from GLGH Steel, LLC, a U.S.-based company. The agreed purchase price is 86 million euros, structured on a cash-free and debt-free bas
US President Donald Trump’s landmark visit to China comes as the Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In the latest part of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, we look at how Trump’s weakened hand could tilt summit talks. When ...
US President Donald Trump’s landmark visit to China comes as the Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In the latest part of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, we look at how Trump’s weakened hand could tilt summit talks. When next week’s summit between US President Donald Trump and Chinese President Xi Jinping was first...
And just like that, Mother’s Day is tomorrow, May 10th, which is too soon for most online purchases to arrive in time. That said, you aren’t alone if you waited too long to pick up a gift this year, and you definitely aren’t alone in feeling guilty for considering digital gifts instead of something your mom can unwrap. But here’s the thing: digital gifts can still unlock memorable experiences, be ...
And just like that, Mother’s Day is tomorrow, May 10th, which is too soon for most online purchases to arrive in time. That said, you aren’t alone if you waited too long to pick up a gift this year, and you definitely aren’t alone in feeling guilty for considering digital gifts instead of something your mom can unwrap. But here’s the thing: digital gifts can still unlock memorable experiences, be it movies, games, or music. They can also let your mom choose exactly what she wants, making them both convenient and versatile. Below, we’ve curated a list of some of the best digital goodies that folks at The Verge have used or gifted. The list is curated by interests, too, so you can find the perfect present whether your mom is into the arts, exercise, or something else entirely. That way, you’ll at least be able to gift something more thoughtful than an Amazon or Walmart gift card — even if those are still totally viable options in our book. Gifts for film and TV buffs Whether your mom is a movie buff or an avid sports fan, there are a number of subscriptions that’ll grant her access to a wide range of content. Below are some of the most popular, as well as a few catered toward anime diehards, horror lovers, and those looking for something more niche. Disney Plus gift card You can buy Disney Plus gift cards in increments of $25 up to $500. They’re usable toward Disney Plus subscriptions and bundles that include access to Disney Plus and Hulu, which start at $12.99 a month. That way, the family can stream everything from Andor and Paradise to The Bear and Percy Jackson. Where to Buy: $25 at Disney Store A gift card to a major streaming service like Netflix ( Amazon , Best Buy , Walmart ), Peacock ( Peacock ), or Paramount Plus ( Amazon , Best Buy , Walmart ) is a good gift that’ll cater to all kinds of passions. With a Netflix account, your mom can binge Stranger Things and Bridgerton , while Peacock provides access to shows like The Paper , Parks and Recreation , and Do...
Shares of Micron Technology (NASDAQ: MU) have soared by 710% over the past 12 months as the company has benefited from the rising demand for memory processors used in artificial intelligence (AI) data centers. Even amid the surging share prices of many AI stocks, Micron's performance stands out among the crowd. Technology companies -- including Alphabet , Amazon , Microsoft , Meta Platforms , and ...
Shares of Micron Technology (NASDAQ: MU) have soared by 710% over the past 12 months as the company has benefited from the rising demand for memory processors used in artificial intelligence (AI) data centers. Even amid the surging share prices of many AI stocks, Micron's performance stands out among the crowd. Technology companies -- including Alphabet , Amazon , Microsoft , Meta Platforms , and others -- are committing to eye-watering amounts of AI capital expenditures, which will add up to $750 billion this year alone, as they focus on offering the best AI services and models. That pursuit could fuel even higher memory sales volumes in the coming years. Amazingly, even after its remarkable rise, Micron's stock still looks relatively cheap. Here's what potential investors should know. Continue reading
OlekStock/iStock via Getty Images I previously rated Affirm ( AFRM ) as a Strong Buy in March 2026, thanks to the improved risk/reward profile after the prior selloff. In this article, I shall discuss why I am downgrading AFRM to a Buy, with the outsized FQ3'26 performance somewhat negated by the still uncertain macroeconomic environment. AFRM Delivers BNPL Excellence AFRM 1Y Stock Price ( Trading...
OlekStock/iStock via Getty Images I previously rated Affirm ( AFRM ) as a Strong Buy in March 2026, thanks to the improved risk/reward profile after the prior selloff. In this article, I shall discuss why I am downgrading AFRM to a Buy, with the outsized FQ3'26 performance somewhat negated by the still uncertain macroeconomic environment. AFRM Delivers BNPL Excellence AFRM 1Y Stock Price ( TradingView ) Since my last Buy rating, AFRM has already delivered an excellent +34.2% stock price return against the wider market at +9.6%, with a similar recovery also observed in its fintech peers in varying degrees. Given the uncertain macroeconomic/geopolitical environment, it is unsurprising that more customers are leaning into flexible payment offerings to bridge the "persistently high grocery prices and broader cost-of-living increases, which are forcing many Americans to stretch already tight budgets." 1. FQ3'26 Numbers Discussed The same has been reported by AFRM in the recent FQ3'26 earnings call, across: Gross Merchandise Volume [GMV] of $11.6B (+35% YoY), revenues of $1.03B (+33% YoY), and adj operating margins of 27% ( +5 points YoY ). Particularly, more customers are adopting the 0% APR Monthly at +30% YoY and the Short-Term 0% APR offerings at +52% YoY, with both offerings comprising 29% of its GMV composition ( +1 points YoY ). While the 0% APR offerings typically "have a lower RLTC [Revenue Less Transaction Costs] as a percentage of GMV than equivalent interest-bearing products," I am not overly concerned indeed, since it is a low friction offering designed to drive adoption: Affirm’s survey of 2,000 Americans revealed that nearly half of respondents (48%) are influenced by the availability of 0% APR options when making purchasing decisions. The top benefits Americans see from 0% APR financing include saving money on interest (28%), being able to afford larger purchases (19%) and budgeting with greater ease (17%). ( Affirm ) Readers must not forget AFRM's multi-p...
Frontier Jet Hits Person On Takeoff, Engine Erupts In Flames At Denver A shocking runway security incident unfolded late Friday at Denver International Airport after Frontier Flight 4345, an Airbus A321 bound for Los Angeles, struck an individual during its takeoff roll, forcing the crew to abort. Full transcript of the ATC audio: Frontier 4345 (pilot): Tower, Frontier 4345, we're stopping on the ...
Frontier Jet Hits Person On Takeoff, Engine Erupts In Flames At Denver A shocking runway security incident unfolded late Friday at Denver International Airport after Frontier Flight 4345, an Airbus A321 bound for Los Angeles, struck an individual during its takeoff roll, forcing the crew to abort. Full transcript of the ATC audio: Frontier 4345 (pilot): Tower, Frontier 4345, we're stopping on the runway. We just hit somebody and have an engine fire. DEN Tower: Frontier 4345, I see that. DEN Tower (to Frontier 4345): Frontier 4345, I'm going to be rolling the trucks now. Do you know if there are souls on board and fuel remaining? Frontier 4345 (pilot) : Alright, 4345 we have 231 souls on board. We have 21,320 pounds of fuel onboard. There was an individual walking across the runway. pic.twitter.com/4cA5JniCW1 — PaulyBee (@PaulyB303) May 9, 2026 In our view , a commercial jet at a major international airport does not simply "hit someone" on an active runway during takeoff, particularly near the point of rotation. This suggests a potentially serious breakdown in perimeter, airfield, or runway security controls. The incident appears to represent a major security breach at DEN. One working theory is that the individual intentionally entered the aircraft's path, potentially committing suicide by entering the right turbine intake. Hence the fire... This is the right-wing view of Frontier Flight 4345 on its takeoff roll at Denver Airport Runway 17L when the Airbus A321-271NX (N646FR) hit a pedestrian. pic.twitter.com/xWCpUkcYrC — Turbine Traveller (@Turbinetraveler) May 9, 2026 That said, investigators will need to determine how the person accessed the active runway, whether DEN's perimeter controls failed, and whether the individual was struck by the aircraft and drawn into the engine or simply jumped into the turbine intake. Tyler Durden Sat, 05/09/2026 - 09:55
The chants from Middlesbrough fans about Southampton’s spying are likely to linger in the memory far longer than a playoff semi-final that promised far more than it delivered. While Southampton will start Tuesday’s second leg as favourites, Boro cannot be discounted after dominating large tracts of a tie thoroughly overshadowed by a spying scandal. Slate grey rain clouds shrouded the Cleveland Hil...
The chants from Middlesbrough fans about Southampton’s spying are likely to linger in the memory far longer than a playoff semi-final that promised far more than it delivered. While Southampton will start Tuesday’s second leg as favourites, Boro cannot be discounted after dominating large tracts of a tie thoroughly overshadowed by a spying scandal. Slate grey rain clouds shrouded the Cleveland Hills and it seemed emblematic of the chill gloom enveloping the visitors after Middlesbrough accused one of Southampton’s analysts of spying on a training sessions and resulted in a misconduct charge from the Football League. Continue reading...
New York’s Democratic representative Alexandria Ocasio-Cortez brushed off question about run for presidency The New York congresswoman Alexandria Ocasio-Cortez answered a question about potentially running for higher office in 2028 by declaring: “My ambition is to change the country.” The Democrat delivered that remark at a political forum in Chicago on Friday amid widespread belief that she is po...
New York’s Democratic representative Alexandria Ocasio-Cortez brushed off question about run for presidency The New York congresswoman Alexandria Ocasio-Cortez answered a question about potentially running for higher office in 2028 by declaring: “My ambition is to change the country.” The Democrat delivered that remark at a political forum in Chicago on Friday amid widespread belief that she is positioning herself to run for the White House in 2028 or challenge her party’s leader in the US Senate, fellow New Yorker Chuck Schumer. Continue reading...