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Reuters — The World Health Organization on Sunday declared the Ebola outbreak in the Democratic Republic of the Congo and Uganda a “public health emergency of international concern” and posing a risk to neighboring countries. The WHO said that while the outbreak caused by the Bundibugyo strain of the virus does not meet the criteria for a pandemic emergency, countries that share land borders with the DRC are at high risk of further spread. The United Nations health agency said in a statement that as of Saturday, 80 suspected deaths, eight laboratory-confirmed cases and 246 suspected cases had been reported…
For many people who got their first cell phone in the late 1990s and early 2000s, the flip phone was a chrome-and-neon portal to pop culture and a new outlet for interaction with their peers. The digital world, now a constant gateway to millions of people, information on any subject, and the latest news from around the world, is feeling frustratingly cluttered to a growing number of fellow flip phone enthusiasts.Some Gen Z and Millennials are using apps or hardware to block access to social media, setting their smartphone screens to grayscale, or purchasing “defunct phones” that don’t have internet…
(This is the Warren Buffett Watch newsletter, news and analysis about Warren Buffett and Berkshire Hathaway. Sign up here to receive it in your inbox every Friday night.)Abel Overhaul PortfolioNotable positions cut, Alphabet more than tripled, Delta backBerkshire Hathaway’s stock portfolio underwent its biggest shake-up ever during Greg Abel’s first three months as CEO, according to a new SEC filing.Two new names, delta airlines and Macy’swas added to the list, increasing our holdings by 4 stocks.Google’s parent company alphabet Berkshire received the biggest boost after increasing its holdings by 224% in the first quarter.Given its size, the increase is almost…
Global oil stocks are falling at a record pace to compensate for massive supply disruptions in the Middle East and will approach crisis levels unless the Strait of Hormuz reopens. As a result, oil and fuel prices are likely to exceed peak demand this summer, the International Energy Agency warned in its monthly update this week.”As the turmoil continues, buffers are shrinking rapidly, which could foreshadow future price increases,” the IEA said. The oil market has been largely immune to supply losses due to industry-held commercial inventories, government-controlled strategic stockpiles, and tankers in transit. exxon mobil CEO Darren Woods said…
A sign for the Senior Community Service Employment Program at the AARP Foundation in Harrisburg, Pennsylvania, May 18, 2017.Laurie Kellman | APRonald Williams was unemployed when a friend recommended a local jobs program for older workers.After he completed training with Goodwill in 2024, Williams quickly landed a job as a custodian — a role he still holds two years later, at age 62.Goodwill’s job training program receives funding through the federal Senior Community Service Employment Program, also known as SCSEP. Williams, who lives in Steubenville, Ohio, credits the federally funded program with giving him confidence in his ability to work…
Havana, Cuba — A few days ago, the manager of the building that houses CNN’s Havana office knocked on our door with an urgent message. They wanted to know if we would be reporting to work during an “imminent” U.S. invasion. Washington’s intense pressure campaign against Cuba was already keenly felt in everyday life. Due to the ongoing US oil blockade, the office experiences power outages several times a day. The deepening economic crisis has led to shortages of fuel for building generators and even toilet paper for toilets. Every day I walk past the giant artificial Christmas tree in…
U.S. Federal Reserve Chairman candidate Kevin Warsh testifies during a Senate Banking Committee hearing on his nomination on April 21, 2026, at the U.S. Capitol in Washington, DC.Mandel Gunn | AFP | Getty ImagesIf new Federal Reserve Chairman Kevin Warsh is still itching for a “good family fight” over monetary policy, that’s likely to happen if he sticks with rate cuts.With inflation soaring and Treasury yields soaring, Warsh is likely to come to the Federal Open Market Committee in no mood to ease. Indeed, several officials have recently emphasized the need for the Fed to keep its options open for…
No. 7 on the S&P 500 was lucky — just barely. The S&P 500 rose 0.13% for the week, marking its seventh consecutive weekly gain. This winning streak is the longest since December 2023. All-time highs on Monday, Wednesday and Thursday were enough to offset Friday’s abysmal 1.24% decline. Stocks slumped over the weekend as the high-stakes Beijing summit between President Donald Trump and Chinese President Xi Jinping yielded few tangible wins for the United States. Rising oil prices and rising bond yields also weighed on the market. It wasn’t all bad news, as strength in tech stocks supported last…
President Donald Trump is considered the ultimate president for the stock market, overseeing numerous expansions to all-time highs while also acting as a catalyst for major declines.Within the first two months of President Trump’s second term, S&P500 It experienced the most rapid decline into corrective territory since World War II, primarily due to uncertainty surrounding tariff policy. Less than a month later, the index nearly ended in bear market territory following the president’s “Emancipation Day” tariff announcement. A correction is defined as a decline of at least 10% but less than 20% from a recent high, and a bear market…
london — When around 150,000 people flocked to London in September to take part in a rally organized by Tommy Robinson, a provocateur of anti-Muslim bigotry with several convictions, it felt like a watershed moment in British politics. London Mayor Sadiq Khan said at the time: “Something has changed in our country.” “This felt different.” So when at least tens of thousands of people gathered again in the British capital on Saturday for the latest “Unite the Kingdom” march, it didn’t feel all that unusual. Views that were once not expressed in public are becoming commonplace. The marches, organized by…