Bill Gross said investors should rethink stocks when prices depend on Trump having ‘a good night’s sleep’
Bill Gross said Gen Z investors would be affected by the market turmoil. Bill Gross said investors should reconsider owning “highly volatile” US stocks when their value depends on the whims of President Donald Trump. “My portfolio of defensive stocks is green so I don’t begrudge today’s market,” Gross, cofounder of bond giant Pimco, wrote…
Here are the winners and losers of the Trump trade war pause
President Donald Trump abruptly paused sweeping tariffs, prompting the stock market to rally. President Donald Trump’s 90-day pause on sweeping tariffs was felt worldwide and in the financial markets, with some stakeholders making out better than others. On Wednesday afternoon, Trump abruptly paused most of the tariffs, which took effect after midnight on Wednesday. Before…
A British Airways plane made 2 diversions in a single Transatlantic journey after a medical emergency
A British Airways Boeing 777 was diverted twice in a single flight across the Atlantic. More than 200 British Airways passengers were delayed by 11 hours after unexpectedly stopping twice on their way home from the Caribbean. Tuesday’s Flight 252 left Nassau in the Bahamas around 10:30 p.m. local time, bound for London. Four hours…
I called off my plans to visit the United States. As a European, traveling there just feels too risky.
My concerns about visiting the United States have pushed me to change my travel plans. I’m based in the UK, but I’ve visited the United States three times in my life. When my kids were small, I brought them to Florida for a once-in-a-lifetime trip exploring the state. On my family’s second visit to the…
I followed my fiancé abroad after he got deported. After several years and a divorce, I can admit it was a mistake.
When my fiancé was deported from the US, I followed him to Mexico, and we got married there. My fiancé’s deportation and the multiyear ban from the US that came with it completely derailed our wedding plans. Suddenly, the nuptials we’d planned in my hometown, and more importantly, the life we’d imagined, were off the…
Kids these days are buying lots of spicy ramen and fancy water bottles
Three tan Owala bottles at a Target store have three different lid color combinations. Kids these days are growing up in a remarkably different consumer landscape than prior generations. The estimated 46 million Generation Alpha shoppers in the US represent around $28 billion in spending power and their influence is already being felt by brands,…
Real estate investors explain why they’re all in on the ‘steady’ Louisville market and how they picked it
Mike Gorius, left, and Kevin Hart buy real estate in Louisville. Home flippers Mike Gorius and Kevin Hart have found their sweet spot: Ranch-style houses — ideally three-bed, one-bath — in Louisville, Kentucky. “That’s probably our favorite house to do. They’re just super easy to renovate, most of them are 1950 or newer, and usually…
Denmark’s biggest retail group is adding ‘European’ labels to products, as locals sour on buying American goods
A Netto supermarket, with fresh produce stalls and baskets outside, in Denmark. The CEO of Denmark’s largest retailer said that his company will start marking its goods to indicate which ones are made by European companies, in what he described as a response to customer demand. Anders Hagh, CEO at Salling Group, wrote in a…
This Y Combinator startup raised $3 million to bring its AI agents to compliance busywork
From left to right, Delve employees Arda Akman, Sazzad Islam, Taher Lokhandwala, Isaiah de la Fuente, Karun Kaushik, and Selin Kocalar. Delve, a San Francisco startup that uses artificial intelligence agents to collect and verify compliance evidence for businesses, just launched from stealth with $3.3 million in funding, the startup tells B-17 exclusively. Businesses handling…
