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Club’s Top 10 to Watch Tuesday, December 30th 1. The stock market is little changed this morning after the S&P 500 posted consecutive losses. With a few business days left on the calendar, the three major stock averages are on track for double-digit gains in 2025. Today, all eyes will be on the minutes of the December meeting of the Federal Reserve Board (FRB), scheduled to be released at 2:00 pm ET. The US stock market will be closed on Thursday for New Year’s Day. 2. Copper is on track for its biggest one-year increase since 2009. Precious metals are…
Concerns about how AI will impact workers continue to grow at a pace that keeps pace with advances and new products that promise automation and efficiency. The evidence suggests the fear is justified. An MIT study in November found that an estimated 11.7% of jobs could already be automated using AI. Research shows that employers are already eliminating entry-level jobs because of technology. Companies are already citing AI as a reason to cut staff. As companies implement AI more meaningfully, some may take a closer look at how many employees they actually need. In a recent TechCrunch survey, multiple corporate…
In early December, hundreds of women lined up for a marathon on the Iranian resort island of Kish, wearing matching shirts and leggings, with their hair tied loosely behind their backs. In a country where flouting dress codes can result in hefty fines and jail time, runners focused on the course in front of them, ignoring government instructions and the free headscarves race organizers placed in their marathon starter packs in anticipation of a violation. In October, a band played the riff of “Seven Nation Army” to a headbanging crowd on the streets of Iran’s capital Tehran, and Jack White,…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Orrick. Property Play covers new and evolving opportunities for real estate investors, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large publicly traded companies. Sign up to receive future editions directly to your inbox.The economy in 2025 was not as strong as expected, but that shapes the outlook for commercial real estate in 2026. The economy is slowing, unemployment is rising and construction is taking a bit of a breather in most sectors. Both tariffs and entry restrictions have been…
On December 8, federal prosecutors in Texas unsealed documents revealing an investigation into a massive smuggling network spanning the United States and the world. The investigation, dubbed Operation Gatekeeper by federal authorities, focused not on drug smuggling or stolen goods, but on an alleged secret underground network of drug suppliers. Nvidiagraphics processing unit, or GPU. Such chips are the backbone of AI racing and can be used for both military and civilian purposes. The government has announced that a hidden smuggling ring is sending chips to China in violation of the U.S. National Security Export Control Act. The smuggling syndicate…
Seoul, South Korea AP — South Korea announced this week that it would officially end its shrinking but much-criticized bear bile farming industry, but about 200 bears are still kept in cages and bred for their gall bladders. The Ministry of Climate, Energy and Environment announced on Tuesday that keeping and possessing bears, as well as collecting their bile, will be banned from January 1. The changes are in line with the revised Animal Welfare Act, which imposes prison terms of up to two or five years for violators. South Korea is one of the few countries that allows agriculture…
She was only 10 years old when she started playing Ginny Weasley. As the movies progress, she goes from being “Ron’s sister” to Harry Potter’s soulmate. Wright graduated from the London College of Communication and founded his own production company Bonbon Lumière in 2012. In addition to starring in films such as After the Dark and Who Killed Nelson Nutmeg?, Wright has also written and directed his own short films. He co-starred with Christian Coulson, who played Tom Riddle, in 2014’s Know Thyself. and Medusa’s Ankle featuring Jason Isaacs, aka Lucius Malfoy. However, she appears to have stepped back from…
Many people think that getting someone to say “yes” is a matter of persuasion, making a perfect argument, choosing the right words, and asking good questions. But decades of research suggest something counterintuitive. One of the surest ways to reach a “yes” is to give the other person permission to say “no.”Research shows that in all situations, from marketing to negotiations to everyday demands, simply adding a line like “but you’re free to accept or decline” makes people much more likely to comply.It taps into one of our deepest psychological needs: autonomy. When people feel pressured, they resist. But when…
charlie argenCarl Goering | Deverpost | Getty ImagesWall Street has become increasingly enamored with the artificial intelligence boom this year, pouring money into chips, data centers and applications. But investors who looked outside Silicon Valley found huge profits elsewhere: in space. Some of this year’s biggest market winners were defense companies that benefited from renewed interest in space exploration and military reindustrialization. President Donald Trump’s military expansion plan includes a $175 billion “Golden Dome” project and efforts to boost U.S. shipbuilding.In an effort to upgrade military technology and return astronauts to the moon for the first time in more than…
Finnish authorities announced on Wednesday that they had seized the vessel after it damaged a vital undersea communications cable running between the country and Estonia. Finnish police said in a statement that the vessel suspected of causing the damage was found in Finnish territorial waters with its anchor chain lowered into the sea, and that the incident itself was in Estonian territorial waters. Such incidents have become increasingly frequent in recent years, with suspicions that they are the result of sabotage, prompting NATO to launch a project earlier this year specifically aimed at strengthening the protection of critical undersea infrastructure.…