Author: News Room
US Secretary of State Antony Blinken said Tuesday that despite reported comments from Israeli Prime Minister Benjamin Netanyahu, Israel has agreed to withdrawals of IDF forces from Gaza that are laid out in the recent mediators’ proposal to get closer to a ceasefire agreement with Hamas. “The agreement is very clear on the schedule and the locations of IDF withdrawals from Gaza, and Israel has agreed to that,” said Blinken in remarks to reporters before departing Qatar. Blinken was responding to Israeli media reports that Netanyahu told a group of families of terror victims and hostages that he conveyed to Blinken that Israel…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseHamas has rejected President Joe Biden’s claim that it is “backing off” from a ceasefire-for-hostages deal, while insisting that the US is yielding to Israel’s interests in crunch negotiations. A statement from the Palestinian militant group on Tuesday stopped short of outright rejection of a compromise proposal drawn up by mediators, but underlined the daunting challenges that remained to secure a deal to end the war in Gaza. Biden’s chief diplomat Antony Blinken declared on Monday that Israeli Prime…
Kuaishou Technology (OTCPK:KUASF) Q2 2024 Earnings Conference Call August 20, 2024 7:00 AM ET Company Participants Matthew Zhao – Vice President, Capital Markets & Investor RelationsCheng Yixiao – Co-Founder, Chairman & Chief Executive OfficerJin Bing – Chief Financial Officer Conference Call Participants Lincoln Kong – Goldman SachsThomas Chong – JefferiesFelix Liu – UBSBrian Gong – CitiXueqing Zhang – CICC Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Kuaishou Technology Second Quarter and Interim 2024 Financial Results Conference Call. Please note that English simultaneous interpretation will be provided for management’s prepared remarks. This English line…
The majority of Columbia students arrested during protests over Israel’s war in Gaza will be returning to school this fall. Dozens of students arrested and placed on interim suspension in the spring will return to campus and enroll in classes while awaiting disciplinary hearings. That’s according to a report released Monday by a Congressional committee investigating the school’s response to antisemitism. Among the returning students include many who were arrested during protests in late April, when the university first ask law enforcement to break up university encampments, and those who later barricaded themselves inside Hamilton Hall, one of the campus buildings also occupied during the 1968 student…
Americans spend a lot of money on products and experiences to look and feel more youthful.The anti-aging market in the U.S. rose from $3.9 billion in 2016 to $4.9 billion in 2021, according to data collected by Euromonitor International.Many of the products people invest in either haven’t been proven to slow or reverse aging in humans or don’t provide long-term solutions, Dan Buettner said on a recent episode of “Ten Percent Happier with Dan Harris.”There are better, more seamless ways that you can age like the residents of Blue Zones that Buettner has studied for decades.4 daily practices of the…
Wall Street’s enthusiastic reaction Tuesday to solid earnings from Palo Alto Networks reinforced our belief that the cybersecurity stock is getting overextended. Shares advanced more than 8% to roughly $372 each in afternoon trading after Palo Alto late Monday posted better-than-expected fiscal 2024 fourth-quarter earnings and revenue, and delivered an upbeat outlook. The roughly 27% rally since Aug. 5 brings the stock just a few dollars shy of its record-high close of nearly $377 on Feb. 9, clawing back the fiscal Q2 disaster that sent shares to a 2024 low on Feb. 21. Jim Cramer described the recent move as…
Student loan forgiveness hasn’t helped a swath of borrowers who say they’re still in a tight spot financially, according to a recent Wall Street Journal report. The article, published Saturday, says that, of the more than 900,000 borrowers who have had their loans forgiven either entirely or in part through the Public Service Loan Forgiveness plan – along with two million more receiving the same payoff through other programs – many borrowers are still navigating other debts or dealing with a bad credit score.”Since many weren’t making regular student-loan payments, they don’t find themselves with a new stream of cash…
Mortgage rates dipped significantly this week, dropping to the lowest level in more than a year, according to Freddie Mac. Rates for 30-year, fixed-rate mortgages averaged 6.47%, down from 6.73% last week. “Mortgage rates plunged this week to their lowest level in over a year following the likely overreaction to a less than favorable employment report and financial market turbulence for an economy that remains on solid footing,” Freddie Mac Chief Economist Sam Khater said.Last year at this time, the average interest rate for 30-year mortgages was 6.96%, signaling that rates are finally starting to come down closer to the…
The IRS has issued interim guidance for a new opportunity for taxpayers created under SECURE 2.0 that allows employers to make matching contributions to retirement plans based on employees’ student loan payments. The match amount is calculated as if the employee contributed their loan amount to the plan even if they did not make any elective contributions. The reason for the legislation is simple: those repaying student loans may not be in a position to also stash funds away for retirement. That means that they’re not only missing out on retirement savings—but also the matching contribution. Under the new law,…
The US government has concluded the Iranian government is behind the hack and leak operation targeting Donald Trump’s presidential campaign and also attempted to target the Biden-Harris campaign, the FBI and other US intelligence agencies said Monday. The FBI in recent days briefed the former president on their preliminary findings, after news organizations reported receiving documents believed to have come from an account belonging to a senior Trump campaign official. Vice President Kamala Harris’s campaign has said the hackers were unsuccessful in their attempts against the Biden-Harris campaign. The investigation marks the clearest sign of the efforts by Iran, and other…
