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Old favorite software stocks take beating as fear of AI's impact grows
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Yahoo Finance

Software Stocks Tumble Amid Growing Fears of AI's Impact

A major sell-off hits software stocks as investors fear generative AI will replace traditional SaaS models, sparking a rotation from tech to industrial stocks.

  • NEW YORK – A seismic shift rattled Wall Street this past week as investors, gripped by a growing fear of artificial intelligence's disruptive power, aggressively dumped the very software stocks that have defined market leadership for a decade. The brutal sell-off signals a potential changing of the guard, as capital rotates from the titans of Silicon Valley to the stalwarts of the industrial economy.
  • Key Market Action: The Nasdaq 100, a proxy for large-cap tech, was dramatically outperformed by the blue-chip Dow for seven consecutive sessions. This marks the longest such streak in nearly four years and highlights a clear rotation away from growth-oriented technology and toward value and cyclical stocks.
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Emails reveal more details of Epstein's celeb dinner for Andrew
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BBC News

Epstein Emails Detail 2010 Celebrity Dinner for Andrew

Newly released emails reveal Jeffrey Epstein hosted a 2010 dinner for Prince Andrew to leverage his elite network, contradicting the Duke's official story.

  • By Thomas Sterling, Senior Financial Correspondent
  • Why it matters: These revelations go beyond royal scandal. They provide a granular look at the machinery of influence that Epstein built and operated. For years, he used his immense wealth and curated access to the global elite—from politicians and royalty to tech moguls and financiers—as a form of currency, creating a web of mutual obligation and reputation laundering. The details of this dinner show Prince Andrew was not merely a passive acquaintance but a central asset in that network, even after Epstein's initial conviction.
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Winter Olympics 2026: Bruce Mouat and Jen Dodds beat Canada for statement win
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BBC News

Mouat & Dodds' Curling Win Over Canada Eyes Olympics 2026

Team GB's Bruce Mouat and Jen Dodds secure a decisive curling victory over Canada. Explore how this statement win boosts Brand Britain for the 2026 Games.

  • A decisive victory over curling heavyweights signals a shift in market dominance and boosts 'Brand Britain' ahead of the Milan-Cortina Games, creating significant value for athletes and stakeholders.
  • Funding Justification: The victory serves as clear evidence that UK Sport's investment in the curling program is yielding top-tier results. This strengthens the case for sustained funding cycles aimed at medal conversion for the Milan-Cortina 2026 Games.
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They're cured of leprosy. Why do they still live in leprosy colonies?
© NPR News
NPR News

Life After Leprosy: Why Colonies Still Exist in India

Decades after a cure, thousands in India remain in leprosy colonies. Discover the complex reasons why social stigma, disability, and community keep them there.

  • Kalvari Nagar, India – For the residents of India's roughly 750 leprosy colonies, the medical cure for their disease arrived decades ago. Yet, tens of thousands remain within these isolated communities, living out their lives in a world defined by a malady they no longer have. The reasons are a complex mix of enduring social stigma, deep-seated community bonds, and the severe, lifelong physical disabilities that the disease leaves in its wake.
  • The Disease: Caused by a slow-growing bacterium, Hansen’s disease primarily attacks the peripheral nerves, skin, upper respiratory tract, eyes, and testes. An early and cardinal symptom is numbness, which leads to injuries that go unnoticed.
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Business

Financial news and market updates

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How Likely Is a Stock Market Crash Under President Donald Trump? Several Century-Old Data Sets Offer an Answer.
© Yahoo Finance
Yahoo Finance

Stock Market Crash Under Trump? Historical Data Answers

With stock markets at all-time highs under President Trump, is a crash imminent? We analyze century-old data sets, like the Shiller P/E ratio, to assess the ris

  • NEW YORK – U.S. stock markets continue their impressive ascent more than a year into President Donald Trump's second term, with all three major indexes charting new all-time highs. Yet, as investor optimism buoys valuations, a collection of historical data sets spanning over a century suggests that significant headwinds are gathering, posing a potential threat to one of the most robust rallies in recent memory.
  • What It Is: The CAPE Ratio smooths out short-term profit volatility by measuring the current price of the S&P 500 against average inflation-adjusted earnings from the previous 10 years. Its data extends back to 1871.
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Trump promised a crypto revolution. So why is bitcoin crashing?
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NPR News

Why Is Bitcoin Crashing Under a Pro-Crypto Trump?

Despite a pro-crypto Trump administration, bitcoin has crashed. We explore why political support can't save crypto from market gravity and speculative excess.

  • WASHINGTON – The crypto revolution promised by President Trump is facing a harsh reality check. After an exuberant rally fueled by a pro-crypto administration, bitcoin’s value has been slashed nearly in half, rattling investors and testing the sector's newfound political capital.
  • The Promise: President Trump’s 2024 reelection on a platform to make the U.S. "the crypto capital of the world" ignited the market. He appointed industry-friendly regulators and a Republican-led Congress passed supportive legislation.
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Trump promised a crypto revolution. So why is bitcoin crashing?
© NPR Business
NPR Business

Why Is Bitcoin Crashing Despite Trump's Crypto Promise?

Despite a pro-crypto Trump administration, bitcoin is in a freefall. Explore the reasons behind the crash, from speculative excess to market fundamentals.

  • Speculative Frenzy: The period between November 2024 and October 2025 saw immense excitement. The belief in a permanent, politically-backed bull run led many investors to take on significant debt to purchase more crypto assets, pouring fuel on the fire.
  • The Leverage Trap: Borrowing amplified profits on the way up, but it created a devastating feedback loop on the way down. As prices began to fall, margin calls forced leveraged traders to sell their holdings to cover their debts, which in turn pushed prices down further, triggering more selling.
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DVDs and public transit: Boycott drives people to ditch Big Tech to protest ICE
© NPR Business
NPR Business

Big Tech Boycott: How Consumers Are Protesting ICE

A new consumer boycott, "Resist and Unsubscribe," urges people to cancel subscriptions from Big Tech to protest the administration's immigration policies and IC

  • Why it matters: The "Resist and Unsubscribe" campaign represents a strategic shift in civic protest, moving beyond street demonstrations to target the administration's perceived sensitivity to market volatility. Its success hinges on whether activists can sustain a boycott of services deeply embedded in modern life.
  • The Catalyst: Galloway cited frustration with the administration's indifference to public outrage over immigration enforcement, specifically pointing to an incident in Minneapolis last month where federal immigration officers shot and killed two U.S. citizens.
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For Better or Warsh: The Federal Reserve May Be Wall Street's Ticking Time Bomb in 2026
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Yahoo Finance

Warsh as Fed Chair: A Ticking Time Bomb for Wall Street?

Kevin Warsh's potential nomination for Fed Chair signals a major policy shift. Discover how his hawkish views on inflation could threaten Wall Street's rally.

  • Washington D.C. — President Donald Trump’s nomination of former Federal Reserve Governor Kevin Warsh to lead the central bank introduces significant uncertainty for a stock market already navigating historic valuations and unprecedented internal division at the nation's foremost financial institution. The move, announced January 30, sets the stage for a potential paradigm shift in U.S. monetary policy should Warsh be confirmed to succeed current Chair Jerome Powell, whose term expires on May 15.
  • The Core Policy: Warsh has advocated for the Fed to systematically sell off its holdings. The central bank's balance sheet currently stands at $6.6 trillion, composed mainly of U.S. Treasury bonds and mortgage-backed securities (MBS) acquired during years of economic stimulus.
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Politics

Political news and analysis

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US wants Russia and Ukraine to end war by June, says Zelensky
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BBC News

Zelensky: US Wants Russia-Ukraine War to End by June

Ukrainian President Zelensky claims the US is pushing for the Russia-Ukraine war to end by June, a potential shift in strategy ahead of the US election.

  • Kyiv, Ukraine – Ukrainian President Volodymyr Zelensky has asserted that the United States is pushing for a resolution to the war with Russia by early summer, a statement that suggests a significant potential shift in the timeline and strategy of Kyiv's most crucial international partner. The claim, if substantiated, places an ambitious deadline on a brutal conflict now entering its third year, introducing new pressure on both Kyiv and Moscow amid a rapidly deteriorating global security landscape.
  • Key Allegation: Zelensky stated that key figures within the US administration have communicated a desire to see the "active phase" of the conflict concluded before the summer. He did not specify the exact terms of such a conclusion, whether a ceasefire, a peace settlement, or another form of de-escalation.
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Brown says Mandelson scandal is 'serious' for Starmer but PM is 'man of integrity'
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BBC News

Brown Warns Starmer on Mandelson 'Scandal' Conflict

Former PM Gordon Brown warns Keir Starmer of a "serious" scandal over Lord Mandelson's corporate ties, putting pressure on Labour's integrity pledge.

  • LONDON – Former Prime Minister Gordon Brown has issued a stark warning to Labour leader Keir Starmer over the potential for a "serious" conflict of interest scandal involving Lord Peter Mandelson, while simultaneously offering a qualified defence of Prime Minister Rishi Sunak as a "man of integrity" attempting to reform a broken system.
  • The Mandelson Connection: Lord Mandelson's firm, Global Counsel, advises clients on navigating political and regulatory landscapes. This has raised questions about whether corporations could gain privileged access or influence through him in a future Labour administration.
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State Department will delete X posts from before Trump returned to office
© NPR News
NPR News

State Dept to Delete X Posts Before Trump's Return

The State Department will delete all public X posts from before Trump's Jan. 20, 2025 return, erasing years of diplomatic history from the public record.

  • The Directive: All posts on active, official State Department X accounts made before January 20, 2025, are to be removed from public view. This includes posts from the first Trump administration and the entirety of the Biden and Obama administrations.
  • Official Rationale: A State Department spokesperson told NPR the goal is "to limit confusion on U.S government policy and to speak with one voice." The spokesperson emphasized that the department's X accounts "are one of our most powerful tools for advancing the America First goals and messaging of the President."
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State Department will delete X posts from before Trump returned to office
© NPR Politics
NPR Politics

State Dept to Delete All Pre-2025 X Posts in Digital Purge

The U.S. State Department will delete all public X posts from before Jan 20, 2025, erasing the digital history of the Biden, Obama, and first Trump terms.

  • WASHINGTON – The U.S. State Department is undertaking an unprecedented digital purge, confirming it will remove all public-facing posts from its official accounts on the social media platform X created before President Trump’s inauguration on January 20, 2025.
  • Why it matters: This directive impacts the real-time, searchable record of U.S. foreign policy and public diplomacy across three presidential administrations. For journalists, academics, foreign governments, and the public, it obscures the digital paper trail of American engagement on the world stage, from major policy announcements to day-to-day cultural outreach.
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Former Scottish health secretary Jeane Freeman dies aged 72
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BBC News

Former Scottish health secretary Jeane Freeman dies aged 72

Jeane Freeman, the former Scottish Health Secretary who led the NHS through the COVID-19 pandemic, has died at 72. Her family confirmed her passing.

  • EDINBURGH – Jeane Freeman, the formidable former Scottish Health Secretary who stewarded the nation’s multi-billion-pound health service through the unprecedented financial and human crisis of the COVID-19 pandemic, has died at the age of 72.
  • Unprecedented Fiscal Responsibility: Freeman was the ultimate custodian of the NHS Scotland budget, which stood at over £15 billion when she took office and swelled significantly under the strain of the pandemic. Her decisions directly impacted the allocation of nearly half of the Scottish Government's entire discretionary budget.
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Finance

Banking and investment news

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T20 World Cup: Pakistan survive Netherlands scare in opener
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BBC News

Pakistan Survives Netherlands Scare in T20 World Cup

Pakistan narrowly dodged a catastrophic upset against the Netherlands in their T20 World Cup opener, a result that highlights the tournament's huge financial st

  • COLOMBO – Pakistan, a commercial cornerstone of the T20 World Cup, narrowly dodged a catastrophic early exit in a nail-biting opener against the Netherlands on Tuesday. While Faheem Ashraf's late-game heroics secured a victory on the scoreboard, the near-upset sent a tremor through the tournament's financial ecosystem, highlighting the immense commercial risks underpinning the global sporting spectacle.
  • Why It Matters: The scare underscores the high-stakes financial gamble of modern sports tournaments. The commercial model is heavily dependent on the predictable progression of a few key teams. When that predictability is threatened, the entire financial structure is exposed to risk.
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AP Top Financial News at 2:20 a.m. EST
© Yahoo Finance
Yahoo Finance

Global Markets Pause in Calm Before Key Economic Signals

Global financial markets enter a pre-dawn lull with low volatility as investors cautiously await key economic indicators on inflation and interest rates.

  • **NEW YORK (AP) — Global financial markets entered a period of deceptive calm in the early hours of Wednesday, with a notable absence of major economic data or corporate announcements creating a vacuum of volatility. This pre-dawn lull across North American and European time zones places investor focus squarely on the economic indicators and central bank commentary scheduled for later in the week, setting the stage for a market holding its breath.
  • The Fed's Shadow: All eyes are on the upcoming release of the Federal Open Market Committee (FOMC) meeting minutes from their last policy-setting gathering. Investors will scrutinize the text for clues on the consensus around the timing of potential interest rate cuts. Speeches by several regional Fed presidents scheduled for later in the week are also circled, as their commentary on recent inflation data will be parsed for any shift in tone.
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Reform UK warns Worcestershire County Council is facing bankruptcy
© BBC Politics
BBC Politics

Worcestershire Council Faces Bankruptcy, Reform UK Warns

Reform UK warns Worcestershire County Council is on a path to bankruptcy, potentially forcing a Section 114 notice to halt all non-essential spending.

  • LONDON – Worcestershire County Council is on a perilous path toward effective bankruptcy, according to a stark warning issued by Reform UK, the council's official opposition. The party has cautioned that without immediate and drastic action, the authority could be forced to issue a Section 114 notice, a move that would halt all non-essential spending and signal a complete loss of control over its finances.
  • The Central Claim: Reform UK alleges that Worcestershire County Council's financial position is so precarious that it is approaching the point of insolvency, necessitating the cancellation of approved projects to avert a formal declaration of bankruptcy.
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Arbor Realty Trust (ABR) Rises Yet Lags Behind Market: Some Facts Worth Knowing
© Yahoo Finance
Yahoo Finance

Arbor Realty Trust (ABR) Stock Lags Market Amid Headwinds

Arbor Realty Trust (ABR) saw a modest stock gain but lagged the S&P 500. Discover why analysts have a negative outlook ahead of its next earnings report.

  • NEW YORK – Arbor Realty Trust (ABR) delivered a positive session for shareholders on Tuesday, but a closer look reveals a performance that trailed the broader market's rally and a company facing significant headwinds, according to consensus analyst estimates. While any gain is a welcome sign, investors are weighing this modest uptick against a backdrop of concerning forward-looking projections and a challenging industry environment.
  • Market Comparison: ABR's 1.69% rise lagged the S&P 500's gain of 1.97%. It also trailed the Dow Jones Industrial Average, which added 2.47%, and the technology-focused Nasdaq Composite, which climbed 2.18%. This underperformance on a strong market day can be a signal of underlying investor caution.
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KB Home (KBH) Stock Dips While Market Gains: Key Facts
© Yahoo Finance
Yahoo Finance

KB Home (KBH) Stock Dips Ahead of Earnings: Key Facts

KB Home (KBH) stock closed down despite a broad market rally. Explore the key facts behind the dip, its monthly performance, and what to expect from its earning

  • NEW YORK – KB Home (KBH) shares faltered in the latest trading session, closing down 1.09% at $60.94, a notable divergence from a powerful rally across the broader market. The homebuilder's decline stood in stark contrast to significant gains by the S&P 500 (+1.97%), the Dow Jones Industrial Average (+2.47%), and the tech-centric Nasdaq Composite (+2.18%). This underperformance places a spotlight on the company's fundamentals as investors brace for its upcoming earnings announcement.
  • Daily Performance: The stock's -1.09% move trailed all major U.S. indices, indicating specific investor apprehension about KBH that was not shared by the market at large.
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