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Copper prices have soared this year, hitting multiple record highs as supply disruptions and concerns about U.S. tariffs spurred a surge in demand. This increase is expected to continue until 2026. Analysts at Citi expect prices for the red metal to soar on the back of rising demand led by the energy transition and artificial intelligence sectors. Electrification, power grid expansion, and data center construction require large amounts of metal for wiring, power transmission, and cooling infrastructure. Expected copper shortages due to mine supply constraints and continued copper ‘hoarding’ in the US due to arbitrage opportunities are expected to contribute…
Reuters — London police announced on Saturday that they will take no further action over claims that they asked protection officers to examine Virginia Giuffre, who has accused Britain’s former Prince Andrew of sexually abusing her as a teenager. In October, Britain’s King Charles stripped his brother of his princely title and forced him out of his Windsor home in an attempt to distance the royal family from his brother over his ties to the Jeffrey Epstein scandal. Earlier that month, London police announced they were “actively investigating” allegations in the Mail on Sunday that Andrew had asked one of…
Hollywood is mourning a beloved power couple. Rob Reiner and his wife of 36 years, Michelle Singer Reiner (a producer on the director’s latest sequel, Spinal Tap II: The End Continues), were found dead in an apparent murder in their Los Angeles home on December 14, a source close to the family confirmed to NBC News. “It is with deep sadness that we announce the tragic deaths of Michelle and Rob Reiner,” the family said in a statement to Variety. “We are heartbroken by the sudden death and ask for privacy at this incredibly difficult time.” The news shocked the…
CNBC’s Jim Cramer told investors Friday what to watch on Wall Street next week, including new economic data and corporate earnings. fedex and manufacturer Jabiru.He also mentioned the big sell-off in tech stocks this week. He said he still believes in the power of artificial intelligence and suggested that some of these stocks may be worth buying if their valuations drop.”As money circulates like a firehose from the Magnificent Seven to various other areas, we need all the data to understand what’s really going on,” he said.The Department of Labor’s non-farm employment statistics will be released on Tuesday. Cramer noted…
CNBC’s Jim Cramer looked at the stock of luxury home goods retailer RH on Friday and said the company could succeed if the housing market strengthens. “RH is high risk, high reward, but it really comes down to how you feel about housing,” Kramer says.Mr. Kramer said the past few years have been a “roller coaster” for the company’s stock as CEO Gary Friedman sought to expand in the face of an economic downturn and a tough housing market.RH began to decline about a year ago, he continued, after the Federal Reserve stopped cutting interest rates and the Trump administration’s…
Bad weather over the past 72 hours has killed 14 people in Gaza, including three children, Mounir Alburush, director of the Gaza-based Ministry of Health, told CNN. For the past two years, many Palestinians have had no choice but to move into tents or temporary shelters amid a devastating war that has left much of the enclave in ruins. Tents were submerged in water and Palestinians “wandered through sewage, mud and rubble without proper shelter,” aid group Oxfam said in a statement on Saturday, adding that the difficult situation was “a direct result of systematic aid obstruction.” Palestinians called for…
Hannah Rothschild during a special taping of “CNBC Meets: Legacies” at a private banking event hosted by United Overseas Bank in Singapore on November 19th.CNBCDame Hannah Rothschild has long understood that being born into one of Europe’s oldest dynasties confers not only privilege but also a deep sense of duty, and she is committed to leading her centuries-old family network into its next chapter.At the age of nine, the eldest daughter of the late British financier Jacob Rothschild began sitting at the table with visiting businessmen, listening to their conversations about topics such as the Japanese economy, and absorbing them.The…
YouTube CEO Neil Mohan speaks during a panel discussion at the Democracy Summit in Washington, DC on March 30, 2023.Anna Moneymaker | Getty ImagesYouTube CEO Neil Mohan is the latest in a string of technology company leaders to admit to restricting children’s use of social media as the harms of being online for young people become more apparent. Mohan, who took the helm of YouTube’s executive team in 2023, was just named Time Magazine’s 2025 CEO of the Year. He told the magazine in an interview that children’s use of media platforms is controlled and restricted. “We limit their time…
A sign at Broadcom Inc.’s headquarters in San Jose, California, on Monday, June 2, 2025. David Paul Morris | Bloomberg | Getty Images In the US, artificial intelligence stocks continued to fall on Friday. broadcom The stock price fell more than 11% as investors grew concerned about declining profit margins and trading uncertainty. names such as Nvidia, advanced micro device and oracle fell in sync, with major US indexes ending the day lower.It was a motif that patterned this week. Although the Dow Jones Industrial Average rose 1.1% from the previous week due to strong performance in financial stocks, tech…
Noah Schnapp, Caleb McLaughlin, Finn Wolfhard, and Gaten Matarazzo appear in season 5 of Netflix’s Stranger Things.Provided by: NetflixThe original concept for what would become Stranger Things was rejected by more than 15 studios before it was spotted. Netflix Original program lineup. Ten years later, the show, created, written and directed by Matt and Ross Duffer, has become one of the biggest cultural touchstones of the streaming era, establishing Netflix as not just a competitor but a leader in its field.”People always talk about Netflix, but our biggest moment was when we aired ‘House of Cards,’ which was a big…