A former special envoy to Haiti blames what he views as former President Joe Biden’s absentee approach to decision-making for the current woes afflicting the Caribbean nation. Daniel Foote served as special envoy to Haiti in 2021 but resigned in protest over what he said was the administration’s failed approach of supporting unpopular and unelected leaders. ‘All of the governments that the U.S. has backed or anointed or imposed in the last 110 years have not...
HM Revenue and Customs (HMRC) has revealed that inheritance tax (IHT) receipts reached £7 billion between April 2024 and January 2025—£700 million more than during the same period last year—putting the government on track for another record-breaking year for IHT revenue. With £7.499 billion collected in the 2023–24 tax year, the latest figures suggest this total will be surpassed well before the end of the current tax year in April. Nicholas Hyett, Investment Manager at...
TEMPE, Ariz. – Rep. Alexandria Ocasio-Cortez of New York and Sen. Bernie Sanders of Vermont – champions of the left – repeatedly targeted President Donald Trump and his billionaire ally Elon Musk as they kicked off a three-day swing through three electorally important western states. But Sanders, and especially Ocasio-Cortez, also trained some of their fire on the Democratic Party, with the best-known member of the so-called ‘Squad’ of diverse and progressive House members urging...
After reaching an all-time around $540 in mid-February, the Nasdaq 100 ETF (QQQ) dropped almost 14% to make a new swing low around $467. With the S&P 500 and Nasdaq bouncing nicely this week, investors are struggling to differentiate between a bearish dead-cat bounce and a bullish full recovery. There was no question that valuations had become incredibly rich going into the end of 2024, so some sort of corrective move was widely anticipated in...
It’s a strange thing, the way we form connections with voices. Proper, deep-rooted, personal connections. The kind that feel like friendship, even though the other person has no idea we exist. The kind that, when news breaks of their passing, leaves us unexpectedly bereft—as though a part of our own personal history has just been snatched away. That’s exactly how I felt when I heard that former F1 team boss Eddie Jordan had died this...
The recent wave of preliminary injunctions from federal judges has stymied President Donald Trump’s early agenda in his second White House term, prompting new questions as to how far the administration might go if it opts to challenge these court orders. Federal judges across the country have blocked Trump’s ban on transgender persons serving in the U.S. military, ordered the reinstatement of core functions of the U.S. Agency for International Development, or USAID, and halted...
Vice President JD Vance took a shot at former Vice President Kamala Harris, suggesting her alcohol habits were responsible for her ‘word salads.’ Vance’s remarks came as he described the difference between how he and Harris have handled the role as vice president, and he speculated about the relationship dynamic between Harris and former President Joe Biden. ‘Well, I don’t have four shots of vodka before every meeting,’ Vance said in an interview with radio...
U.S. Defense Secretary Pete Hegseth said wasteful spending is over as he signed a memo to cancel over $580 million in Department of Defense (DoD) contracts. ‘We’re back with another quick update on our efforts to cut wasteful spending and cut it quickly at the Department of Defense,’ Hegseth announced in a post on X. ‘Today, I’m signing a memo directing the termination of over $580 million in DoD contracts, in grants that do not...
You already know about diversification. You’ve set your investment goals, picked a benchmark, and decided on the weighting of your allocations. Now, it’s come down to selecting the assets—stocks or ETFs—to build your portfolio. As a long-term investor with moderate risk tolerance, how might you build a portfolio to withstand market drawdowns and weather the business cycle? There are many ways to do this. Here are a few ideas to consider. S&P Sectors: How Are...
A federal judge said Thursday that the Trump administration missed a court deadline to disclose details on deportation flights to El Salvador, escalating President Donald Trump’s ongoing legal battle with the judiciary. U.S. District Judge James Boasberg said that the government’s lawyers failed to meet the deadline he set for them to submit information about the administration’s deportation flights, which included individuals who were targeted for immediate removal under the 1798 Alien Enemies Act, and...
