Spurs guard Stephon Castle has been named the NBA’s Rookie of the Month for the Western Conference in January, while Heat center Kel’el Ware has earned the honor for the Eastern Conference, the league announced today (via Twitter).
Castle, the fourth overall pick in the 2024 draft, appeared in 12 games for San Antonio last month, starting 10 of them. He averaged 14.9 points, 3.6 assists, and 3.1 rebounds in 27.0 minutes per game, with a shooting line of .431/.288/.727.
Of the nine San Antonio players who logged at least 100 minutes in January, Castle had the best net rating of the bunch (+1.0) and was one of just two Spurs – along with Victor Wembanyama – whose net rating was positive.
Over in the East, Ware began playing a regular rotation role for the Heat in late December and carried that momentum over to the new year, earning a promotion to the starting lineup midway through January.
In 16 total outings (five starts) for the month, Ware averaged 13.0 points, 6.9 rebounds, and 1.4 blocks in 24.7 minutes per night. He also scored extremely efficiently, with shooting percentages of 56.5% from the floor and 44.7% on three-pointers.
Stephon Castle, Kel’el Ware Named Rookies Of The Month
In an exciting announcement for basketball fans, Stephon Castle and Kel’el Ware have been named the Rookies of the Month for their outstanding performances on the court.
Castle, a dynamic guard with a knack for scoring, has been a standout player for his team with his impressive shooting and playmaking abilities. Meanwhile, Ware, a dominant big man with a strong presence in the paint, has been a force to be reckoned with on both ends of the floor.
Both players have quickly made a name for themselves in the league and have shown immense potential for the future. Fans can’t wait to see what they have in store as they continue to make their mark in the NBA.
Congratulations to Stephon Castle and Kel’el Ware on this well-deserved honor!
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Stephon Castle, Kel’el Ware, NBA rookies, Rookies of the Month, NBA news, basketball updates, young talents, standout players
Donald Trump has pulled back from the brink of a trade war with Canada and Mexico, postponing sweeping new US tariffs on goods from its two closest economic partners by one month.
It is the third time in two weeks the US president has delayed his threatened 25% tariffs on the two countries. China is still set to face additional 10% levy on its exports to the US from Tuesday.
Following talks with the Canadian prime minister, Justin Trudeau, and the Mexican president, Claudia Sheinbaum, on Monday, Trump agreed to hold off from imposing new duties on the two countries.
The agreements came on a day of extreme volatility in global financial markets as rattled investors reacted to the prospect of a dramatically escalating dispute involving the world’s largest economies.
The US president had upended US-Mexico ties over the weekend when he announced 25% tariffs and accused Sheinbaum’s administration of engaging in an “intolerable alliance” with Mexican crime groups.
Sheinbaum rejected that “slanderous” accusation, but on Monday morning struck a softer note as she announced “a series of agreements” with Trump after a conversation between the two leaders during which they agreed to pause US tariffs for a month to allow for fresh negotiations.
Mexico had agreed to send 10,000 members of its national guard “to prevent drug trafficking from Mexico to the US, in particular of fentanyl”, Sheinbaum said. In return, the US had agreed to work to prevent high-powered weapons crossing the border into Mexico.
Trump confirmed the deal shortly afterwards on his Truth Social network. He said 10,000 Mexican soldiers would be “specifically designated to stop the flow of fentanyl, and illegal migrants into our country”.
Negotiations involving senior Mexican officials, the US secretary of state, Marco Rubio, the US treasury secretary, Scott Bessent, and the US commerce secretary, Howard Lutnick, would take place during the pause, he said.
Following two calls with Trump on Monday, Trudeau announced that tariffs would be “paused” for 30 days. “Canada is implementing our $1.3bn border plan – reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl,” he said in a statement. “Nearly 10,000 frontline personnel are and will be working on protecting the border.”
Late last year, Trump threatened to impose tariffs on Canada, Mexico and China on the first day of his presidency. From the first day of his presidency, he said he would do so from 1 February. This weekend, he said they would kick in from 4 February. They have now been delayed until March.
Economists have warned Trump’s planned wave of tariffs would risk raising prices for millions of Americans, just weeks after he pledged, upon taking office, to “rapidly” bring them down.
On Monday, however, Trump maintained that tariffs were a “very powerful” means of both strengthening the US economically and “getting everything else you want”. He had conceded over the weekend that they could cause “a little pain” in the US.
Markets sold off sharply worldwide in response to what has been described as a “Trump tariff tantrum” before recovering some of their losses after news broke of the deal with Mexico. Wall Street fell in early trading, with the S&P 500 down almost 2%. Share prices in Europe followed a sharp move lower in Asia.
London’s FTSE 100 index dropped 1.4% from Friday’s record high before making back some of its losses to trade down 1%.
Trump also indicated on Sunday that the EU would be next to face tariffs, but did not say when.
EU leaders meeting at an informal summit in Brussels on Monday said Europe would fight back if the US imposed tariffs, but called for negotiation. The French president, Emmanuel Macron, said that if the bloc’s commercial interests were attacked it would “make itself respected and thus react”.
The German chancellor, Olaf Scholz, said the EU could respond if necessary with its own tariffs, but stressed it would be better for the two sides to find agreement on trade.
Trump hinted that Britain might be spared tariffs, saying: “I think that one can be worked out.”
Asked whether he was worried by Trump’s refusal to rule out imposing sanctions on the UK, the country’s prime minister, Keir Starmer, said: “Obviously, it’s early days.
“I think what’s really important is open and strong trading relations and that’s been the basis of my discussions with President Trump. I know that intense US-EU discussions are planned.”
Officials, analysts and economists who believe Trump’s tariffs could have disastrous consequences for the global economy and for Washinton’s place in the world voiced relief at the Mexico deal.
Experts believe Trump’s plans for 10% tariffs on China and 25% on Canada and Mexico would hamper global growth and cause inflation in the US. Even Trump admitted on Sunday that the measures might cause “a little pain”.
Brian Winter, the editor-in-chief of Americas Quarterly magazine and a Latin America expert, said: “I don’t think anyone expected a resolution today, and obviously it’s a relief. But the damage is done.
“I can personally imagine a scenario where, within a year, President Trump is on buddy-buddy terms again with Mexico. But you cannot unsee what happened over the last 48 hours. And if companies make decisions in terms of years and decades, how they think about Mexico specifically, and its place in the US value chain, is forever changed.”
Speaking at her daily press conference in Mexico City, Sheinbaum told reporters that at the end of a 30- to 45-minute conversation with Trump, she had joked with him that she would like to see tariffs suspended forever. She said she believed a one-month reprieve represented a good deal, however, and painted the agreement as a win for both sides.
“In Mexico we have rocket launchers that come from the US illegally … How can these high-powered weapons get into Mexico from the US?” she asked, hailing Trump’s apparent commitment to fight gun smuggling as part of the agreement.
Winter said he believed that in some ways Trump’s strong-arm tactics appeared to be working.
Four of his opening moves on the world stage have come in Latin America: diplomatic tussles with Colombia and Venezuela over the deportation of migrants; with Mexico over drug trafficking and migration; and with Panama over supposed Chinese involvement in the Panama canal. In all four cases, Trump has managed to claim victory or extract concessions, although critics argue many of those are largely cosmetic and designed to achieve little more than to please his base.
Winter said: “There’s no doubt that Trump’s approach has produced tangible short-term results in Latin America, decisions that were made with a scope and timeline that otherwise would not have been possible … I think you have to acknowledge that each of these governments have moved far more quickly to accommodate Washington than they would have under a more traditional request.
“The question is, though: what does this do to Washington’s alliances in the medium term? Does it push these countries closer to China? I have my doubts … but with all of these crises, scars remain. I think that governments understand that this is an even more transactional government than in Donald Trump’s first term, and that they can’t really think in terms of alliances anymore with the United States. That’s a huge change.”
The Trump administration has announced that they will be postponing the imposition of tariffs on Canadian and Mexican goods for an additional month. This decision comes after ongoing negotiations between the three countries to address various trade issues.
President Trump had previously threatened to impose tariffs on all goods coming from Mexico in an effort to curb illegal immigration. However, after reaching a deal with Mexico to increase border security measures, the tariffs were put on hold.
Similarly, tariffs on Canadian steel and aluminum were also being considered, but have been delayed once again to allow for further discussions.
This latest development is seen as a positive step towards resolving trade disputes with two of the United States’ biggest trading partners. Stay tuned for more updates on this developing story.
The U.S. and Mexico reached an agreement Monday to delay a 25% tariff on all Mexican imports for one month, after Mexico agreed to ramp up security at its border — averting, at least for now, a move that could have driven up prices for U.S. consumers and stalled both countries’ economies.
Mexican President Claudia Sheinbaum posted on social media that Mexico will immediately reinforce the northern border with 10,000 members of the National Guard to address drug trafficking from Mexico into the U.S., particularly fentanyl.
Trump said in his own post on social media that the U.S. will continue negotiations with Mexico over border security, headed by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.
The move came after Trump signed an executive order Saturday toplace a 25% tariff on nearly all goods coming into the U.S. from Canada and Mexico starting on Tuesday.
Stocks fell in response to the tariffs, as economists and business executives warned they could raise prices in the U.S. and trigger an economic slowdown. The U.S. imports more goods from Mexico than any other country.
During his first term, Trump had also threatened to place tariffs on Mexico, before backing away several days later when Mexico responded with plans to increase border security.
Trump also said on social media that he had spoken with Canadian Prime Minister Justin Trudeau Monday morning and would speak with him again in the afternoon.
Since the announcement on Saturday, administration officials and Trump have shared mixed messages about the intention of the tariffs and what steps would need to be taken to have them lifted.
The White House said in the executive order issuing the tariffs that the move was in response to the flow of fentanyl and immigrants coming into the country from Canada and Mexico, which Trump was declaring a national emergency. Under the International Emergency Economic Powers Act, the president has authority over trade in a national emergency.
But in several social media posts over the weekend, Trump seemed to contradict that rationale, instead citing a trade deficit with the three countries and calling on companies to make their products in America. In another posting, Trump said the tariffs would pressure Canada to join the U.S.
“We pay hundreds of Billions of Dollars to SUBSIDIZE Canada. Why? There is no reason. We don’t need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use. Without this massive subsidy, Canada ceases to exist as a viable Country. Harsh but true! Therefore, Canada should become our Cherished 51st State. Much lower taxes, and far better military protection for the people of Canada — AND NO TARIFFS!” Trump said on Truth Social.
Administration officials went on cable news this morning to reiterate that the move was about drugs and immigration and accused Canada of misunderstanding the intention of the tariffs.
“This isn’t a ‘trade war’ with Canada, or Mexico, or China — this is about fentanyl,” said Interior Secretary Douglas Burgum on Fox News. “We’ve had a mass invasion of our country.”
Shannon Pettypiece is senior policy reporter for NBC News.
Garrett Haake contributed.
In a recent development, President Trump and Mexico’s President have announced that the proposed tariffs on Mexican goods will be delayed for one month following successful talks between the two countries. This decision comes as a relief to many, as the tariffs were set to go into effect on Monday.
During the talks, both leaders discussed ways to address the issue of illegal immigration and find a solution that is mutually beneficial. While the details of the agreement have not been made public, both parties have expressed optimism about the progress made during the discussions.
This news has been met with cautious optimism by investors and businesses who were concerned about the potential impact of the tariffs on the economy. It remains to be seen whether a long-term solution can be reached, but for now, it seems that both sides are willing to continue the dialogue in order to avoid further economic disruption.
Overall, this development highlights the importance of diplomacy and negotiation in resolving complex issues between countries. It is a positive step towards finding a peaceful resolution to the immigration crisis and avoiding unnecessary economic strain on both nations.
Mexico’s President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump’s policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero
Henry Romero | Reuters
President Donald Trump on Monday said that he will pause for one month his new 25% tariff on goods entering the United States from Mexico after Mexican President Claudia Sheinbaum agreed to immediately send 10,000 soldiers to her country’s northern border to prevent drug trafficking.
The announcement of the pause came two days after Trump slapped 25% tariffs on goods from Mexico and Canada, as well as a 10% tariff on goods imported from China.
Trump said in a social media post that he and Sheinbaum spoke Monday morning.
“We further agreed to immediately pause the anticipated tariffs for a one month period during which we will have negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico,” Trump wrote in the post.
“I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a ‘deal’ between our two Countries,” Trump wrote.
Scott Bessent and Marco Rubio arrive ahead of the 60th inaugural ceremony where Donald Trump will be sworn in as the 47th president on January 20, 2025, in the US Capitol Rotunda in Washington, DC.
Ricky Carioti | The Washington Post | Getty Images
Sheinbaum had first disclosed the pause in a post on the X social media site.
“We had a good conversation with President Trump with great respect for our relationship and sovereignty; we reached a series of agreements,” Sheinbaum wrote in the tweet, according to a translation from Spanish.
She also wrote, “The United States is committed to working to prevent the trafficking of high-powered weapons to Mexico.”
This is breaking news. Please refresh for updates.
In a recent turn of events, President Trump has decided to pause his plan to impose tariffs on Mexico after reaching an agreement on border security. The tariffs, which were set to go into effect on Monday, have been postponed for at least 90 days as both countries work towards finding a solution to the immigration crisis.
This decision comes after Mexico agreed to deploy thousands of National Guard troops to their southern border in an effort to curb the flow of migrants heading towards the United States. The two countries will also continue discussions on other measures to address the issue, including potential changes to asylum laws and increased cooperation on regional economic development.
While some critics have questioned the effectiveness of using tariffs as a leverage tool in international negotiations, others see this as a positive development in the ongoing efforts to secure the border and address the immigration challenges facing both countries.
As the situation continues to evolve, it remains to be seen how this temporary truce will impact the broader relationship between the United States and Mexico. Stay tuned for more updates on this developing story.
Bitcoin has been unable to sustain its strength in the past 24 hours, fueled by a crash in the US stock market. At press time, Bitcoin trades at $100,400, down 4.37% today.
As Bitcoin falls, traders often look to alternative new opportunities that could provide strong gains when prices recover.
With that in mind, here are our five picks of the best crypto to buy now.
Wall Street Pepe
One of the best things to look for when identifying cryptocurrencies with potential is momentum, and Wall Street Pepe has it in spades.
The project – which adds utility to the Pepe the Frog brand – is showing massive growth in its token presale. In under eight weeks, it has raised $60 million, which works out at $7.5 million per week.
What’s more, this is happening while the broader market struggles. This means traders are rotating capital from other altcoins to $WEPE, underlining its strong appeal.
Wall Street Pepe is a meme coin with a twist: it offers a trading insights ecosystem. Trading signals, meme coin picks, a trading insider group, staking, and trading rewards are all available.
This means that not only does $WEPE benefit from speculative demand but also utility-driven demand as well.
Besides providing innovative utility, Wall Street Pepe is performing so well because it uses Pepe coin’s star power. MIND Of Pepe follows the same playbook.
However, MIND Of Pepe also taps into the prevalent AI trend, which is only growing stronger after President Trump announced a $500 billion venture that will take place over the next four years.
MIND Of Pepe is a new blockchain-based AI agent with its own token, $MIND. The agent autonomously operates both an X account and a crypto wallet, meaning it can simultaneously engage in the social and financial spheres.
On X, MIND Of Pepe will post tweets and engage with others, aiming to gather data, shape narratives, and build an audience.
Then, using its crypto wallet, MIND Of Pepe can launch its own tokens and interact with blockchain dApps, all of which work towards the betterment of its holders.
MIND Of Pepe holders will receive exclusive trend analysis and early access to token launches before anyone else.
Meme Index is a new platform that lets users invest in diversified baskets of meme coins on-chain. Currently, a couple of centralized exchanges, including Bitpanda and Swissborg, offer meme coin baskets, but they only offer one each. Meme Index offers four.
What’s the benefit of meme coin baskets? They create a fast, hassle-free way to get diversified meme coin exposure, which offsets some of the volatility risk.
Meme Indexes baskets are grouped by volatility, ranging from low to ultra-high. This ensures there is something for everyone.
Another benefit of Meme Index is that because it is on-chain, anyone can access the platform without KYC and geo-restriction, which opens the meme coin sector to more people.
The $MEMEX token is required to access the platform, and it’s currently available to buy via a presale. So far, the presale has raised $2.9 million.
Look back to 2024, and you’ll see that Solana dominated other smart contract-enabled blockchains in terms of price performance and adoption.
Look to recent events in 2025 – such as Trump launching his meme coin there and AI frontrunner Virtuals Protocol migrating there – and it becomes clear that Solana remains very bullish.
However, one issue that Solana can’t escape is congestion. While adoption grows, the network’s ability to handle new users stays flat. As we saw when $TRUMP launched, many transactions fail on Solana during times of peak activity. Solaxy is fixing this with the first-ever Solana layer 2 blockchain.
Solaxy is a totally separate network connected to Solana via a bridge. It processes transactions in bundles and reports back to Solana for finality. Solaxy will be faster, cheaper, and more reliable than the Solana layer 1.
The $SOLX token is available for purchase via a presale, which has raised $15 million so far.
Best Wallet is a crypto wallet that addresses the poor on-chain user experience issue.
Right now, investors can capitalize via the Best Wallet token, which is undergoing a presale.
Best Wallet is a new crypto wallet that provides all the features needed so that users can meet their blockchain needs without connecting to external apps.
This includes a decentralized exchange, derivatives trading, a presale aggregator, a crypto debit card, an NFT gallery, a staking aggregator, and more.
It essentially ties the blockchain together inside one unified app. This is more like the user experience of a top centralized exchange than the fragmented and overly complex user experience of an older crypto wallet.
The Best Wallet token lets users get the most out of the app. Holders get trading fee discounts, higher staking yields, governance rights, and access to promotions of partner projects. The token presale has raised $8.3 million so far.
Bitcoin (BTC) – As the first and most well-known cryptocurrency, Bitcoin continues to be a top choice for investors. With its limited supply and growing adoption by mainstream institutions, Bitcoin is seen as a safe bet for long-term investment.
Ethereum (ETH) – Ethereum is a decentralized platform that enables smart contracts and decentralized applications to be built and operated without any downtime, fraud, control, or interference. With the upcoming Ethereum 2.0 upgrade and the growing popularity of decentralized finance (DeFi) applications, Ethereum is a strong contender for investment.
Cardano (ADA) – Cardano is a blockchain platform that aims to provide a more secure and scalable infrastructure for the development of decentralized applications and smart contracts. With a strong community and ongoing development, Cardano has the potential for significant growth in the coming months.
Binance Coin (BNB) – Binance Coin is the native cryptocurrency of the Binance exchange, one of the largest and most popular cryptocurrency exchanges in the world. With a wide range of use cases within the Binance ecosystem, BNB has shown strong performance and potential for further growth.
Solana (SOL) – Solana is a high-performance blockchain platform that aims to provide fast and secure decentralized applications. With low transaction fees and high throughput, Solana has gained popularity among developers and investors. As the demand for scalable blockchain solutions continues to grow, Solana could be a promising investment opportunity.
Volcano and Dante’s Peak. Deep Impact and Armageddon. Hollywood sometimes offers up these pairs of similar cinematic experiences, and one such example, the action outing White House Down
, is all set to stream for free next month. As you can now ascertain from the title, White House Down’s cinematic partner is the Gerard Butler-led Olympus Has Fallen, both of which were released in 2013. However, while the latter follows Butler’s unstoppable Secret Service agent, White House Down gives audiences Channing Tatum
as an out-of-his-depth veteran who must dig deep to save the President of the United States.
Directed by the master of the disaster movie, Roland Emmerich (Independence Day, The Day After Tomorrow) and written by James Vanderbilt, White House Down stars Channing Tatum alongside Jamie Foxx as James Sawyer, President of the United States, with the pair finding themselves under attack during a White House tour. The rest of the cast includes Maggie Gyllenhaal, Jason Clarke, Richard Jenkins, Joey King, and James Woods. The action movie is coming to free streaming on Tubi
from February 1, and you can check out the official synopsis below.
“Capitol police officer John Cale has just been denied his dream job of protecting President James Sawyer as a member of the Secret Service. Not wanting to disappoint his young daughter with the bad news, Cale takes her on a tour of the White House. While he and his daughter are there, a heavily armed paramilitary group attacks and seizes control. As the nation’s government dissolves in chaos, only Cale can save his daughter, the president and the country.”
Why Did ‘White House Down’ Never Get a Sequel?
Unlike Gerard Butler’s Has Fallen franchise, White House Down never received a sequel. There’s little difference between the critical and audience response, with Channing Tatum’s action movie faring better with the former (52% to Olympus Has Fallen’s 50%) and only slightly worse with audiences (62% to 66%). So, like most things Hollywood, the lack of a follow-up no doubt comes down to box office, with White House Down grossing $205 million worldwide against a budget of $150 million, while Olympus Has Fallen earned $170 million against its $70 million budget. It seems there’s only room for one B-movie action series with beginnings in the White House.
Olympus Has Fallen was a surprise success, and has become a B-movie action series that’s worth paying attention to.
The lack of a White House Down 2 (Houses of Parliament Down? Eiffel Tower Down?) also likely comes down to the leads of the two movies. While Tatum has since shifted to comedy with the likes of the Jump Street franchise, comedy-drama with the Magic Mike series, the world of Marvel with Deadpool & Wolverine, and dark thrillers like Blink Twice, Gerard Butler continues to dominate the action genre, with his latest offering, Den of Thieves 2: Pantera, being met with solid reviews from both critics and audiences alike. Channing Tatum has several projects currently in the pipeline, including the satirical war movie Atropiaand the crime drama Roofman.
Get ready for some high-octane action with “White House Down” starring Channing Tatum! Starting next month, you can stream this thrilling movie for free and be on the edge of your seat as Tatum takes on terrorists who have taken over the White House.
With intense fight scenes, explosive action sequences, and Tatum’s charismatic performance, “White House Down” is a must-watch for any action movie fan. Don’t miss your chance to see this adrenaline-pumping film from the comfort of your own home.
Get ready to experience the ultimate showdown at the White House with Channing Tatum in “White House Down” streaming free next month. Get your popcorn ready and prepare for a wild ride!
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Action Movie, White House Down, Channing Tatum, streaming, free, next month, watch online, action film, thriller, new release
Wall Street closed weaker Friday, pressured late in the day by comments from the White House that 25% tariffs on Mexican and Canadian goods and a 10% levy on Chinese products would begin Saturday.
A Reuters report said collection of the duties from Mexico and Canada would be delayed until March 1, but the White House denied that.
The broad S&P 500 closed down 0.5%, or 30.64 points, to 6,040.53; the blue-chip Dow dropped 0.37%, or 337.47 points, to 44,544.66; and the tech-heavy Nasdaq fell 0.28%, or 54.31 points, to 19,627.44. Even with Friday’s losses, the three major indexes ended the month ahead. The benchmark 10-year yield rose to 4.553%.
The levies are in retaliation for “the illegal fentanyl that they have sourced and allowed to distribute into our country,” Karoline Leavitt, White House press secretary, said.
The WSJ said some officials are looking for a last-minute deal to avoid enacting the tariffs.
On Monday, stocks tumbled after China’s DeepSeek said it built an artificial intelligence rivaling that of OpenAI and ChatGPT but at a fraction of the cost. That threw into question the U.S. mega spending to build AI models and prompted the White House to consider limiting Nvidia’s chip sales to China. Nvidia Chief Executive Jensen Huang is expected to meet President Donald Trump on Friday to discuss AI policy.
Stocks bounced back a bit around mid-week after Microsoft and Facebook parent Meta reiterated their AI spending goals, quelling fears companies would pull back AI dollars.
Next week, Google-parent Alphabet and online retail giant Amazon will report earnings.
Gold prices climb to record high
Gold prices rallied to a record high and put in their best monthly performance since August 2011 before easing back by day’s end. Gold prices have risen as investors have flocked to the yellow metal in a time of economic and global uncertainty. Investors are unsure how Trump’s tariff threats will play out.
Although 25% tariffs on Canada and Mexico and 10% levies on China are epected this weekend, no one knows yet if the tariffs will be across the board or if there will be exceptions. If it’s a blanket move, some economists say just the tariffs on Canada and Mexico could disrupt nearly $1.6 trillion in annual trade. China, Mexico and Canada in total account for just over 42% of all goods imported into the U.S., said James Knightley, chief international economist at Dutch bank ING.
Tariffs could also boost U.S. inflation, which has recently been stuck rather than dropping to the 2% level the Federal Reserve would like.
The Federal Reserve’s preferred inflation gauge, the U.S. personal consumption expenditures (PCE) price index, rose 0.3% last month after an unrevised 0.1% gain in November, in line with economists’ expectations. But core PCE, which excludes volatile food and energy sectors, remained stuck at 2.8%.
“While today’s result does not completely upend the ongoing disinflationary trend, it is yet another month of data showing that inflation remains persistently above the Fed’s 2% target,” said Lauren Saidel-Baker, economist at ITR economics. If Trump tariffs add to inflation this year, it “will limit the Fed’s ability to continue the rate-cutting cycle far into 2025. It is possible that we will even see rate hikes before the end of the year.”
But circling back to DeepSeek’s cost-efficient AI, “if AI ends up cheaper and more widely accessible, then this will be good for productivity, good for inflation and good for economic growth,” said Mark Dowding, BlueBay chief investment officer at RBC Global Asset Management. “It just isn’t good for those investors who may have chased a move in some stocks.”
Gold closed down about a half percentage point to $2,830.50 per ounce.
Company news
As investors wait to see what Trump’s policies will bring, they are focused on company news to drive stock market direction. Among the day’s biggest movers,
iPhone maker Apple said late Thursday it topped quarterly earnings estimates and reported record gross margins. Shares gave up early gains to end down 0.67%.
AbbVie shares jumped 4.7% after the drug company topped earnings estimates in the last three months of the year and gave an optimistic sales outlook for its immune-disease drugs Skyrizi and Rinvoq.
Vertex Pharmaceuticals received Food and Drug Administration approval for Journavx, the first new nonopiod pain killer in decades. Shares ended up 5.31%.
Walgreens shares slumped 10.3% for the worst day since June after the pharmacy chain halted its dividend to save money.
Oil giant Chevron missed quarterly earnings estimates, and its shares dropped 4.56%.
Bitcoin gave up some of the gains made after Fed Chairman Jerome Powell commented on crypto after the central bank’s policy meeting late Wednesday.
In response to a reporter’s question about the risk of digital assets, Powell said banks are “perfectly able to serve crypto customers as long as they understand and can manage the risks” and added that “a greater regulatory apparatus around crypto” from Congress would be “very constructive.”
On June 30th, 2021, US stocks closed lower for the day as investors reacted to the latest round of tariffs imposed by the US on Chinese goods. The Dow Jones Industrial Average fell 0.31%, the S&P 500 dropped 0.30%, and the Nasdaq Composite slid 0.06%.
Despite the day’s losses, all three major indices closed the month of June with gains. The Dow was up 2.33% for the month, the S&P 500 gained 2.23%, and the Nasdaq rose 1.17%.
The market has been volatile in recent weeks due to escalating trade tensions between the US and China. Investors are closely watching for any developments in the ongoing trade negotiations between the two countries.
Overall, the US stock market has had a strong performance in the first half of 2021, with all three major indices posting double-digit gains. However, uncertainties surrounding trade and geopolitical issues continue to weigh on investor sentiment.
As we head into the second half of the year, investors will be keeping a close eye on economic data, corporate earnings, and any further developments in the trade negotiations between the US and China.
Price: $33.99 (as of Jan 31,2025 21:07:21 UTC – Details)
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AI-generated from the text of customer reviews
Introducing the Everich Toy Bouncy Horse Unicorn – the perfect gift for your little one’s next birthday!
This adorable inflatable bouncing animal hopping toy is designed for both indoor and outdoor use, providing hours of fun and entertainment for children aged 18 months to 6 years old. With its plush unicorn design, vibrant colors, and sturdy construction, this bouncer is sure to become a favorite playtime companion.
Not only will this bouncy horse unicorn encourage active play and exercise, but it also helps improve balance, coordination, and motor skills. Plus, it’s easy to inflate and deflate, making it convenient to transport and store when not in use.
Give the gift of endless laughter and joy with the Everich Toy Bouncy Horse Unicorn – a magical present that will bring smiles to your child’s face for years to come. Order yours today! #unicorn #bouncyhorse #birthdaygift #childrenstoys
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The Peace Bridge in Derry will be closed from Monday 3 February to Friday 7 February 2025 between the hours of 9.30am to 3.30pm daily.
The closure is necessary to enable a detailed inspection of the bridge to be carried out.
All bridges on the public road network are routinely inspected every six years to ensure they are safe for the public to use.
The inspection will include the use of an abseiling team.
Alternative access will be available via the Foyle Expressway, Foyle Road, Craigavon Bridge, Duke Street, Waterside Link and vice versa.
The planned inspection is to minimise inconvenience to the public.
You are advised to use the alternative route.
As this is slightly longer, you may need to allow extra time for your journey.
Subject to favourable weather conditions, the works will be complete by Friday 7 February 2025, however the Department for Infrastructure will keep the public informed of any change to the arrangements.
For information about this and other improvement schemes visit: Trafficwatchni.com
Peace Bridge inspection works to start next month was last modified: January 22nd, 2025 by cassoscoop
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The Peace Bridge in Derry is set to undergo inspection works starting next month. The iconic bridge, which spans the River Foyle and connects the city’s two banks, will be assessed for any necessary repairs or maintenance.
The inspection works are part of a routine maintenance schedule to ensure the safety and longevity of the bridge. The works will be carried out by qualified engineers and technicians who will assess the structure, foundations, and overall condition of the bridge.
The Peace Bridge has become a symbol of unity and connection in Derry, and it is essential to keep it in good condition for the thousands of pedestrians and cyclists who use it every day.
Local authorities are advising the public to be aware of any temporary closures or disruptions to the bridge during the inspection works. They are also urging everyone to continue to support and appreciate this important landmark in the city.
Stay tuned for updates on the Peace Bridge inspection works and any impact on pedestrian and cyclist access in the coming weeks. Let’s ensure the continued safety and functionality of this vital link in Derry’s infrastructure.
Price: $41.31 – $21.99 (as of Jan 31,2025 14:04:59 UTC – Details)
Your little bundle of joy will love to play peek-a-boo with the Disney Baby Peek-A-Boo Minnie Mouse! Press Minnie’s foot to activate soothing music and adorable Peek-A-Boo hand motions! Minnie comes dressed in a sweet onesie accented with a cute pink hearts pattern on her feet. Minnie is made with super soft and cuddly fabrics your little one will love snuggling up to. Peek-A-Boo Plush Minnie Mouse is the perfect gift to brighten your baby’s day! Also look for the Disney Baby Peek-A-Boo Plush Mickey Mouse to complete the set! (Mickey sold separately). Ages 9 months + Minnie really plays Peek-A-Boo with your baby! Press Minnie’s foot to activate Peek-A-Boo hand motions. Minnie plays sweet music. Made with super soft and snuggly fabrics. Comes dressed in an adorable onesie. Minnie and Mickey sold separately. Ages 9 months +
Customers say
Customers find the toy figure cute and colorful. They say it’s a fun toy for young kids and good for babies. Many customers consider it a good gift idea. However, some customers have reported issues with the arm movement not working properly or getting stuck. There are mixed opinions on functionality and value for money.
AI-generated from the text of customer reviews
Introducing the Disney Baby Peek-A-Boo Interactive Plush Stuffed Animal with Sounds, featuring everyone’s favorite character, Minnie Mouse! This adorable toy is perfect for little ones ages 0-9 months, providing hours of entertainment and fun.
With just a simple press of Minnie’s foot, this plush toy plays peek-a-boo with your baby, delighting them with cute phrases and giggles. The soft, huggable material makes it perfect for snuggling, while the interactive features help to stimulate your child’s senses and encourage playful interaction.
Whether you’re looking for a sweet gift for a new parent or simply want to add some Disney magic to your little one’s toy collection, the Disney Baby Peek-A-Boo Interactive Plush Stuffed Animal is sure to be a hit. Get yours today and watch as your child’s face lights up with joy!
#Disney #Baby #PeekABoo #Interactive #Plush #Stuffed #Animal #Sounds #Minnie #Mouse #Pink #Kids #Toys #Ages #Month #Play,for 1 year plus
Castle, the fourth overall pick in the 2024 draft, appeared in 12 games for San Antonio last month, starting 10 of them. He averaged 14.9 points, 3.6 assists, and 3.1 rebounds in 27.0 minutes per game, with a shooting line of .431/.288/.727.
The Peace Bridge in Derry will be closed from Monday 3 February to Friday 7 February 2025 between the hours of 9.30am to 3.30pm daily.
