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Big four bank cuts fixed mortgage rates ahead of RBA Big four bank cuts fixed mortgage rates ahead of RBA NAB has become the first big bank to cut fixed-interest mortgage rates, following challenger Macquarie, as expectations of an impending Reserve Bank rate cut grow. Rate tracking by comparison site Canstar shows NAB dropped fixed rates by up to 0.25 percentage points for owner-occupiers and up to 0.3 percentage points for investors on Monday. The move is likely to spur competition from other banks to start cutting rates as lenders try to entice customers to fixed mortgages, given the latest data shows more than 97 per cent of new loans were variable, Canstar data insights director Sally Tindall says. “We’d hope to see competition really ramp up in that space as we get towards a cash rate cut, and then potentially onto the next one,” she told AAP. Wholesale funding is already starting to ease slightly and traders are pricing in an almost 95 per cent chance the central bank will slash the cash rate by 25 basis points on February 18, after its next two-day policy meeting. Macquarie was the first lender to cut fixed-rate mortgages in 2025, reducing its one- to three-year fixed-rate mortgages by up to 0.16 percentage points in January. Ms Tindall expects competition for variable rate mortgages to heat up once the Reserve Bank has delivered its first cuts. “We expect the big four banks in particular to pass on cash rate cuts in full, at least for the first couple of cash rate cuts,” she said. “But we might even see some banks choose to pass on even more to new customers in order to take advantage of that re-engagement for borrowers in what a competitive rate looks like.” NAB’s cuts bring it into line with Westpac, offering the lowest one-year fixed rate amongst the big four banks at 6.09 per cent. ANZ is still offering the lowest two- and three-year fixed rates, both at 5.74 per cent. Despite the reduction in fixed rates, the preference for most borrowers remains variable rate mortgages, given the outlook for up to as many as five interest rate cuts this year, if the most optimistic predictions of NAB economists come to fruition. But other economists, including those at ANZ, have predicted as few as two cuts. The depth of the RBA’s cutting cycle could determine whether variable or fixed rates are more suited to borrowers. “On ANZ’s forecast, that (two-year) fixed rate term is going to come out come out ahead, whereas on NAB’s cash rate forecast, the variable option will come out ahead,” Ms Tindall said. Last time the RBA cut rates, at the start of the COVID-19 pandemic, not one big bank passed it on to existing variable rate customers. Economic conditions were very different then. Pandemic support meant people’s purchasing power remained high and borrowers were able to draw on healthy savings buffers to make their repayments. “This time around, there’s a lot of borrowers across the country that have been crippled by higher rates and are absolutely hanging on by the skin of their teeth for that first cash rate cut in particular,” Ms Tindall said. Meanwhile, retail spending edged down 0.1 per cent in December, the *********** Bureau of Statistics reported on Monday, but was stronger-than-expected given the November figures were boosted by ****** Friday sales. Sean Langcake, head of macroeconomic forecasting for Oxford Economics Australia, said there were signs that consumer spending was turning for the better. “The economy has moved past the peak in policy settings and is starting to gain some momentum,” he said. “If the RBA are still concerned about underlying inflation pressures, these data could be read as a sign the economy does not need immediate support in the form of a February rate cut.” Source link #Big #bank #cuts #fixed #mortgage #rates #ahead #RBA Pelican News View the full article at [Hidden Content]

Before D.C. Plane ******, Army Helicopter Was Flying 100 Feet Too High and Twice Warned About Passenger Jet: Officials Before D.C. Plane ******, Army Helicopter Was Flying 100 Feet Too High and Twice Warned About Passenger Jet: Officials Officials have released new information regarding the U.S. Army ****** Hawk helicopter that collided with American Airlines flight 5342 on Jan. 29, which resulted in the death of 67 people. In a briefing on Saturday, Feb. 1, officials from the National Transportation Safety Board (NTSB) told reporters that the ****** Hawk helicopter crashed into the plane between 300 feet and 350 feet above the ground, meaning it was flying more than 100 feet higher than it was authorized. Investigators stated that the helicopter was flying on a pre-approved route known as Route 4 and thus was not authorized to fly more than 200 feet above ground. NTSB also informed reporters that air traffic control at Reagan National alerted the helicopter team to the fact that a jet was in their vicinity twice — once at 8:46 p.m. and again at 8:47 p.m. local time — immediately before the ******. Authorities say they do not yet know why the helicopter was flying higher than it was supposed to but that this will be central to their investigation. ANDREW CABALLERO-REYNOLDS/AFP via Getty Investigators gather wreckage of American Airlines flight 5342 on Jan. 30 Related: Friend Shares Final Photos of U.S. Skating Sisters and Parents Taken Inside Plane Before Family of 4 Died in D.C. ****** Investigators with the board also noted that the American Airlines flight made a sudden turn upward seconds before the collision, indicating that the pilots may have been alerted to a problem during their final descent into D.C. “I can tell you at one point very close to the impact, there was a slight change in pitch, an increase in pitch,” safety board member Todd Inman said during the briefing. In a briefing on Jan. 30, chief of staff for the Army’s aviation directorate, Jonathan Koziol, told reporters that the ****** Hawk was on a training mission at the time of the ******, specifically preparing to evacuate government officials in the event of a catastrophic event. Related: Father Whose Family Perished in D.C. Plane ****** Built Backyard Ice Rink For Daughters (Exclusive) Pilots “need to be able to understand the environment, the air traffic, the routes, to ensure the safe travel of our senior leaders throughout our government,” he added, per CNN. Never miss a story — sign up for PEOPLE’s free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories. As of Jan. 31, the bodies of 41 ****** victims have been recovered, and the remains of 28 of them have been positively identified. D.C. Fire and EMS Chief John A. Donnelly has stated that the remainder of the bodies will likely not be recovered until the plane can be lifted from the Potomac River. The Jan. 29 ****** marks the deadliest air disaster in the U.S. since September 11, 2001. Read the original article on People Source link #D.C #Plane #****** #Army #Helicopter #Flying #Feet #High #Warned #Passenger #Jet #Officials Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Kings trade De'Aaron Fox to the Spurs in deal that moves Bulls' Zach LaVine to Sacramento – Yahoo Sports Kings trade De'Aaron Fox to the Spurs in deal that moves Bulls' Zach LaVine to Sacramento – Yahoo Sports Kings trade De’Aaron Fox to the Spurs in deal that moves Bulls’ Zach LaVine to Sacramento Yahoo SportsSources: Kings, Spurs finalizing multiteam Fox deal ESPN2025 NBA trade deadline live updates, deals, grades FOX SportsMiami Heat Acquire De’Aaron Fox From Sacramento Kings in Blockbuster Trade Idea Athlon SportsJake Fischer Latest: Trading De’Aaron Fox Marc Stein | Substack Source link #Kings #trade #De039Aaron #Fox #Spurs #deal #moves #Bulls039 #Zach #LaVine #Sacramento #Yahoo #Sports Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Sea slug research could unlock new information about hidden marine biodiversity Sea slug research could unlock new information about hidden marine biodiversity Living on the rocky and muddy shores of Western Australia’s northern coastline, a little-known group of air-breathing marine slugs could be harbouring answers to biodiversity. Source link #Sea #slug #research #unlock #information #hidden #marine #biodiversity Pelican News View the full article at [Hidden Content]

Everything to know about Starlink launch from Cape Canaveral Everything to know about Starlink launch from Cape Canaveral Another SpaceX Falcon 9 rocket will lift off Monday morning — but will dense fog thwart the view for launch spectators across Florida’s Space Coast? Stay tuned. SpaceX is now targeting 5:54 a.m. EST to launch the Falcon 9 from Launch Complex 40 at Cape Canaveral Space Force Station on the Starlink 12-3 mission. Backup launch opportunities are available until 7:42 a.m., if needed. The rocket’s upper stage will deploy a batch of Starlink internet satellites into low-Earth orbit. After soaring along a southeasterly trajectory, the first-stage booster will target landing aboard a SpaceX drone ship out in the Atlantic Ocean. Advertisement Advertisement Advertisement The Space Force’s 45th Weather Squadron predicted a 95% chance of “go for launch” weather. However, the National Weather Service is warning Monday morning motorists of dense, patchy fog in areas of East-Central Florida that will reduce visibility to less than one mile — and down to ¼ mile at times. Check back for live FLORIDA TODAY Space Team launch coverage updates on this page, starting about 90 minutes before the liftoff target time. When SpaceX’s live webcast begins about five minutes before liftoff, look for it posted below next to our countdown clock. Then Monday evening, SpaceX will target a one-hour window from 6:32 p.m. to 7:32 p.m. to launch another Falcon 9 from NASA’s Kennedy Space Center. That rocket will deploy a pair of WorldView Legion imagery satellites — and trigger sonic booms when the booster descends to land at Cape Canaveral Space Force Station. Countdown Timer Advertisement Advertisement Advertisement For the latest news and launch schedule from Cape Canaveral Space Force Station and KSC, visit floridatoday.com/space. Rick Neale is a Space Reporter at FLORIDA TODAY. Contact Neale at *****@*****.tld. Twitter/X: @RickNeale1 Space is important to us and that’s why we’re working to bring you top coverage of the industry and Florida launches. Journalism like this takes time and resources. Please support it with a subscription here. This article originally appeared on Florida Today: SpaceX launch Monday morning: What to know before liftoff from the Cape Source link #Starlink #launch #Cape #Canaveral Pelican News View the full article at [Hidden Content]

Discussing The Rumored End Of Console Exclusives On The Latest Skewedcast Discussing The Rumored End Of Console Exclusives On The Latest Skewedcast Skewed and Reviewed look at the rumors of the end of Console Exclusives and the decline of physical Game media on a new Skewedcast. Source link #Discussing #Rumored #Console #Exclusives #Latest #Skewedcast Pelican News View the full article at [Hidden Content]

Kanye West and “naked” wife Bianca Censori crashed Grammys and immediately left – The A.V. Club Kanye West and “naked” wife Bianca Censori crashed Grammys and immediately left – The A.V. Club Kanye West and “naked” wife Bianca Censori crashed Grammys and immediately left The A.V. ClubDave Portnoy has savage reaction to Bianca Censori’s shockingly bare Grammys 2025 appearance with Kanye West Page SixYe, nearly nude wife Bianca Censori surprise on 2025 Grammy Awards red carpet USA TODAY Source link #Kanye #West #naked #wife #Bianca #Censori #crashed #Grammys #immediately #left #A.V #Club Pelican News View the full article at [Hidden Content]

Ex-ABC head wanted anti-Israeli journo to ‘get COVID’ Ex-ABC head wanted anti-Israeli journo to ‘get COVID’ Senior ABC figures including then-chair Ita Buttrose discussed getting rid of a journalist from her casual radio slot after flagging they were sick of getting complaints about her anti-Israeli views. Antoinette Lattouf was hired by the public broadcaster to fill a five-day timeslot on the Mornings show on ABC Radio Sydney in December 2023. She lasted three days before being let go after a barrage of complaints were sent to the ABC regarding past comments she had made about the conflict in Gaza and claimed anti-Semitic chants made at rallies in Sydney. Lattouf has sued the ABC in the Federal Court over her dismissal. Her barrister Oshie Fagir told a hearing on Monday that Ms Buttrose, then-ABC managing director David Anderson and chief content officer Chris Oliver-Taylor discussed how to get rid of her after a concerted campaign from a pro-Israel lobbying group. “Has Antoinette been replaced? I’m over getting emails about her,” Ms Buttrose wrote in one email. “Why can’t she come down with flu or COVID or a stomach upset? We owe her nothing.” An initial ABC investigation found Lattouf did not breach the broadcaster’s code of conduct, but the three senior executives also conducted their own investigation, Justice Darryl Rangiah heard. Mr Anderson said she should take a managed exit at the end of the five-day shift, agreeing with Mr Oliver-Taylor’s opinion there would be “phenomenal blowback” if she was fired. Lattouf was dismissed that same day after reposting, without comment, an Instagram post from Human Rights Watch about starvation in Gaza being used by the Israeli government as a “tool of war”. The ABC had reported on the same claims in the days beforehand. The journalist was told she had breached the broadcaster’s social media policy because the post called into question the organisation’s impartiality. On Monday, she sat supported by her husband Danny in the court’s public gallery, which was filled with onlookers, including some seated on the floor. Lattouf said in court documents that she opposed Israel’s military campaign in Gaza, supported ************ human rights and believed the media should report on the conflict accurately and impartially. The names of nine individuals who made complaints against her were suppressed to protect their personal safety. The ABC is accused of failing to comply with its own processes and breaching the enterprise agreement by terminating Lattouf’s employment based on her political opinions and race. Mr Oliver-Taylor’s claims that Lattouf was fired because she breached a direction she was given to avoid posting about Israel and Gaza were described as unusual by the judge. “It might be thought to be unusual that an employer would defend a claim of discrimination by arguing it had one rule for Ms Lattouf and another for everyone else,” Justice Rangiah said. She is seeking damages over the negative impact to her reputation, loss of future work prospects, hurt and distress. In its defence, the ABC said it did not terminate Lattouf’s employment but rather it ended on December 22 after the five days due to the “effluxion of time”. The broadcaster did not require the journalist to work on the last two days as a casual presenter under conditions of her contract, it said. The hearing continues. Source link #ExABC #wanted #antiIsraeli #journo #COVID Pelican News View the full article at [Hidden Content]

Cops seize enough fentanyl, meth to kill 15 million Cops seize enough fentanyl, meth to kill 15 million Thousands of pounds of methamphetamine. Hundreds of thousands of fentanyl pills. Police seized enough drugs to kill every Arizonan twice over the last week of January. A multi-agency effort including the Arizona Department of Public Safety, the U.S. Drug Enforcement Administration and the Arizona Attorney General’s Office captured $3.4 million worth of ******** drugs after executing a residential search warrant in the Phoenix area, DPS said in a statement. The agency said the warrant was issued after an initial traffic stop resulted in the seizure of 50 pounds of meth. Officers collected more than 1,600 pounds of meth, 735,000 fentanyl pills and 47 pounds of fentanyl powder on Jan. 27 — amounts DPS called “an alarming threat to public safety.” There was enough meth to kill 3.7 million people and enough fentanyl powder to kill 10.8 million people, the agency said. Each fentanyl pill was lethal, too. In total, the drugs could have killed roughly 15.2 million people. The population of Arizona is about 7.6 million. Officials from DPS and the DEA said the seizure directly hit a criminal network, meaning it would significantly disrupt the flow of drugs into the community and save lives. DPS Director Col. Jeffrey Glover said the seizure “underscores the ongoing battle we are fighting against drug traffickers who profit from addiction and suffering.” Glover, Attorney General Kris Mayes and DEA Phoenix Field Division Special Agent Cheri Oz said they would continue working to identify and dismantle criminal operations endangering Arizonans. Mayes said her office would “Prosecute those responsible and ensure they are held accountable to the fullest extent of the law. This operation is a testament to the power of law enforcement collaboration,” she said. Information about the specific location of the drug bust, who the suspects were and what happens next was not immediately available. DPS said the investigation was ongoing. Drug bust 1 of many in recent years January’s massive drug bust adds to a series of significant seizures by local, state and federal law enforcement in Arizona in recent years. Phoenix police worked with the Maricopa County Attorney’s Office, multiple drug trafficking organizations and multiple federal and state law enforcement agencies on a massive operation that captured 2 million fentanyl pills and 100 pounds of illicit drugs in November. The years-long investigation and crackdown, dubbed Operation Night Owl, led to 17 indictments of Mexico- and Arizona-based suppliers, couriers, stash house operators and distribution coordinators, according to Phoenix police. Glendale police said it seized almost 300 fentanyl pills, 200 Xanax pills, 4.6 grams of heroin and 15.35 grams of meth during a bust in October. El Mirage police confiscated eight pounds of fentanyl, a few pounds of meth and ********, and hundreds of grams of opioids in a September bust. In 2022, Phoenix Police said it collected nearly 1 million fentanyl pills from a house in Avondale. In 2021, Scottsdale Police and federal authorities seized $9 million worth of illicit drugs, including 1.7 million fentanyl pills, at an Airbnb — a record at the time. Authorities believed the Mexico-based Sinaloa Cartel was responsible. Taylor Seely covers Phoenix and Scottsdale for The Arizona Republic / azcentral.com. Reach her at *****@*****.tld or by phone at 480-476-6116. This article originally appeared on Arizona Republic: Officials: Large seizure should disrupt flow of drugs and save lives Source link #Cops #seize #fentanyl #meth #kill #million Pelican News View the full article at [Hidden Content]

Inflation seems stuck — Trump’s tariffs might worsen it Inflation seems stuck — Trump’s tariffs might worsen it An aerial view shows stored containers at the Balboa Port, operated by Panama Ports Company, as U.S. President Donald Trump plans to regain control of the Canal, in Panama City, Panama, February 1, 2025. Enea Lebrun | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Trump tariffs take effectU.S. President Donald Trump launched a salvo of tariffs on Saturday. Imports from Mexico and Canada will be hit with a 25% duty, while those from China will be subject to a 10% tariff. Energy resources from Canada will face a lower 10% tariff. The tariffs on ********* goods are expected to take effect on or after 12:01 a.m. ET on Tuesday. Canada’s Prime Minister Justin Trudeau announced on the same day retaliatory tariffs of 25% against $155 billion in U.S. goods. Inflation remained steady in DecemberWall Street ended 2024 on a high, but so did inflation in the U.S. The personal consumption expenditures price index rose 2.6% on an annual basis in December, reported the U.S. Commerce Department on Friday. That’s up 0.2 percentage points from November and in line with the Dow Jones estimate. Core PCE, which removes food and energy prices, came in flat from the previous month at 2.8%, also in line with expectations. For stocks, a winning January amid uncertainty U.S. markets retreated Friday, giving up earlier gains, on news of Trump’s impending tariffs. The S&P 500 lost 0.50%, the Dow Jones Industrial Average slid 0.75% and the Nasdaq Composite fell 0.28%. However, all three indexes ended January in the green. That said, stock futures tumbled on Monday morning. The pan-European Stoxx 600 index ticked up 0.13%, notching a 6% gain for January — higher than the S&P 500’s increase of 3%. DeepSeek might have cost 100 times moreChinese artificial intelligence startup DeepSeek’s sophisticated AI model purportedly cost just $5.576 million to train, according to a technical report. That number excludes costs of prior research, compute expenditure and other processes. A new report from SemiAnalysis, a semiconductor research and consulting firm, estimates that DeepSeek’s hardware spend is “well higher than $500M over the company history.” [PRO] Week packed with earnings — and questions Earnings season kicks into high gear this week, with more than 120 S&P 500 companies scheduled to report. Investors and analysts won’t only be pouring through the results, they’ll also want to scrutinize how CEOs respond to questions about Trump’s tariffs. Meanwhile, the January jobs report will be out Friday, and economists’ expectations for it are slightly muted. The bottom line U.S. President Donald Trump’s tariffs are no longer a threat but a reality. They cap off a wild January during which a new president entered the White House and a new ******** artificial intelligence model upended the industry. Something else that was new in January: the highest-ever closing level for the S&P 500. But with tariffs now in place, a potential trade war brewing — making it more difficult for inflation, seemingly stuck in place, to recede — markets might find it difficult to scale new heights in the near term. Even Big Tech earnings and the jobs numbers coming out this week, typically market-moving reports, are likely to play second fiddle to policy developments. A small consolation to markets: The total cost of DeepSeek might be more than $500 million, a research firm estimated. (The $5 million figure stated by DeepSeek comprises just its training cost.) It might give AI-related companies a spring in their steps. Source link #Inflation #stuck #Trumps #tariffs #worsen Pelican News View the full article at [Hidden Content]

Taylor Swift Avoids Run-in With Kanye West After He Was Reportedly Escorted Out of the 2025 Grammys – ELLE Taylor Swift Avoids Run-in With Kanye West After He Was Reportedly Escorted Out of the 2025 Grammys – ELLE Taylor Swift Avoids Run-in With Kanye West After He Was Reportedly Escorted Out of the 2025 Grammys ELLEDave Portnoy has savage reaction to Bianca Censori’s shockingly bare Grammys 2025 appearance with Kanye West Page Six Source link #Taylor #Swift #Avoids #Runin #Kanye #West #Reportedly #Escorted #Grammys #ELLE Pelican News View the full article at [Hidden Content]

Grammys ceremony opens with tribute to Los Angeles Grammys ceremony opens with tribute to Los Angeles Mark Savage Music Correspondent Getty Images “I love you LA,” said Billie Eilish, as she performed her Grammy-nominated hit Birds Of A Feather The 2025 Grammy Awards have opened with a special performance by the Los Angeles band Dawes, two brothers whose homes were destroyed in the recent wildfires. The duo were joined on stage by former Grammy winners including Sheryl Crow, John Legend, Brad Paisley and Brittany Howard to perform ****** Newman’s classic song I Love LA. “It’s often said that in the darkest of times, the best of humanity shines through, and the people of Los Angeles right now are a perfect example of that,” said host Trevor Noah, introducing the performance. “So tonight, we decided we’re not just going to be celebrating our favourite music. We’re also celebrating the city that brought us so much of that music.” Getty Images Trevor Noah is hosting the Grammys for a fifth time The comedian, who is hosting the ceremony for the fifth time, said that “just a few weeks ago, we weren’t sure that this show would even happen”. “Thankfully, due to the heroic efforts of firefighters, the fires have now been contained, and despite all the devastation, the spirit of the city has emerged,” he added, to generous applause. Several firefighters were invited to the awards to honour their efforts; and walked the red carpet taking selfies with the biggest stars in music. Los Angeles native Billie Eilsh was the second artist on stage, playing her Grammy-nominated song Birds Of A Feather against a backdrop inspired by California’s natural beauty. “I love you LA,” she said as the music ended. The ceremony is raising money for those affected by what Noah called “one of the largest natural disasters in US history”; and organisers have handed over a portion of their airtime to let local businesses advertise for free as they try to rebuild. As for the awards, Beyoncé is the night’s biggest nominee, with 11 nods for her country-inspired album Cowboy Carter – including album of the year. The star went into the ceremony with more Grammys than any other artist in history, a total of 32, but she has never won the biggest prize. Ahead of the main ceremony, she picked up one additional trophy – best country duo/group performance, for II Most Wanted, a duet with Miley Cyrus. Other artists awarded in the early “premiere ceremony” included the Beatles, who won best rock performance for their AI-assisted track Now And Then, based on an old John Lennon demo. British pop star Charli XCX won three trophies for her trend-setting club album Brat; and Sabrina Carpenter’s Espresso was named best pop solo performance. Source link #Grammys #ceremony #opens #tribute #Los #Angeles Pelican News View the full article at [Hidden Content]

Stocks slump, $US soars as Trump triggers trade war Stocks slump, $US soars as Trump triggers trade war Japan’s Nikkei index has tumbled in early trading on Monday. Source link #Stocks #slump #soars #Trump #triggers #trade #war Pelican News View the full article at [Hidden Content]

Mark Cuban Said If He Had Enough Money To Buy Fox News, He’d ‘Buy It In A Heartbeat’ Mark Cuban Said If He Had Enough Money To Buy Fox News, He’d ‘Buy It In A Heartbeat’ Mark Cuban Said If He Had Enough Money To Buy Fox News, He’d ‘Buy It In A Heartbeat’ – Estimates It Could Turn Around For $15B-$20B Billionaire entrepreneur Mark Cuban has expressed passing interest in purchasing Fox News, stating that if he had money to buy the network, he would do so “in a heartbeat.” While discussing the baby boomer generation with Wired, Cuban explained that owning the network would be a key way to reach what he refers to as the “Fox News generation.” In the interview, Cuban broke down the financial realities of such a purchase. The market capitalization of Fox Corporation (NASDAQ:FOX, FOXA)) at the time of the interview (in September) sat around $15.6 billion–the corporation’s value has increased by over 30% since then. Don’t Miss: At the time, Cuban estimated that acquiring the network would require paying at least a 50% premium, bringing the price up to around $22 billion. He also said that changes would need to be made to the network, and that might require another $2 billion. While he said some things could be sold off, he estimated that the total net cost could range between $15 billion and $20 billion. “I don’t have $15 or $20 billion in cash sitting around,” Cuban admitted, emphasizing that even with his substantial fortune, such an acquisition is out of reach for him. Cuban’s current networth is estimated at $5.7 billion. Cuban has previously used the term “Fox News generation” to describe how his own generation—baby boomers—have shifted in their views over time. In an earlier interview with The New York Times, he stated how the generation known for “sex, drugs, and rock and roll” had become one that, in his view, condemns movements like ****** Lives Matter and is heavily influenced by Fox News. Trending: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here’s How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000 During his interview with Wired, he said the boomer generation is a disappointment. When asked if there was an ‘antidote’ to counterbalance the negative views Cuban perceives from this generation, he was blunt: “You buy Fox News.” In addition to discussing Fox News, Cuban also entertained the idea of buying X, the social-media platform formerly known as Twitter. When asked whether he would consider purchasing the company from current owner Elon Musk, Cuban responded positively but noted that Musk is unlikely to sell. Story Continues “There’s no reason for him to sell it,” Cuban said. When the interviewer jokingly suggested convincing Musk that selling was his own idea, Cuban admitted, “I wouldn’t know how to do that.” See Also: According to Juniper Research, the total value of B2B cross-border payments stored on the blockchain is projected to exceed $4.4 trillion — Join the first company to bring blockchain payments to Salesforce early with just $100. While Cuban’s remarks about buying Fox News and X were speculative, they highlight his interest in media influence and control. His statements suggest that he sees ownership as a powerful tool for shaping public discourse, particularly among older audiences who heavily consume cable news. However, without the necessary capital, such a move remains purely hypothetical. For now, Fox News remains under the control of Rupert Murdoch’s media empire, and Musk continues to hold ownership of X. Whether Cuban—or any other billionaire—will step in to shake up the media landscape remains to be seen. Image from Shutterstock Read Next: Up Next: Transform your trading with Benzinga Edge’s one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today’s competitive market. Get the latest stock analysis from Benzinga? This article Mark Cuban Said If He Had Enough Money To Buy Fox News, He’d ‘Buy It In A Heartbeat’ – Estimates It Could Turn Around For $15B-$20B originally appeared on Benzinga.com © 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Source link #Mark #Cuban #Money #Buy #Fox #News #Hed #Buy #Heartbeat Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Bitcoin dips below $97,000 after Trump orders tariffs, smaller cryptocurrencies tumble Bitcoin dips below $97,000 after Trump orders tariffs, smaller cryptocurrencies tumble U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin was last lower by 3%, according to Coin Metrics, a modest loss compared to the broader crypto market. Earlier, it fell as low as $96,202.42. The U.S. dollar index, which has an inverse relationship with bitcoin, was up nearly 1%. The CoinDesk 20 index, which measures the largest 20 digital assets by market cap, dropped 9%. Ether slumped to its lowest level since November. The slide began Saturday night after Trump signed an order imposing 25% tariffs on imports from Mexico and Canada, as well as a 10% duty on China, which will take effect Tuesday. The U.S. does about $1.6 trillion in business with the three countries. Jeff Park, Bitwise Asset Management’s head of alpha strategies, said a sustained tariff war will be “amazing” for bitcoin in the long-run due to an eventual weakening of the dollar and U.S. rates. While many believe bitcoin is a hedge against inflation and uncertainty over the long term, it trades like a risk asset in the short term — and is likely to respond negatively to any uncertainty around the trade war triggered by Trump’s tariffs. Investors are watching $90,000 as the key support level in bitcoin, and some have warned of an even deeper pullback toward $80,000 should the cryptocurrency meaningfully break below its support. Bitcoin is about 11% off its Jan. 20 record of $109,350.72. Seasoned crypto investors and traders have become accustomed over the years to corrections of around 30% during bull markets. Don’t miss these cryptocurrency insights from CNBC Pro: Source link #Bitcoin #dips #Trump #orders #tariffs #smaller #cryptocurrencies #tumble Pelican News View the full article at [Hidden Content]

Were Kanye West and Bianca Censori escorted out of 2025 Grammys after showing up uninvited? – Page Six Were Kanye West and Bianca Censori escorted out of 2025 Grammys after showing up uninvited? – Page Six Were Kanye West and Bianca Censori escorted out of 2025 Grammys after showing up uninvited? Page SixKanye West and Wife Bianca Censori Turn Heads at the 2025 Grammys with Wearing Eye-Catching Chunky Boots and Wedged Sandals Yahoo Entertainment Source link #Kanye #West #Bianca #Censori #escorted #Grammys #showing #uninvited #Page Pelican News View the full article at [Hidden Content]

Arsenal 5-1 Man City: ‘Tenacity, endeavour, composure’ – how did Gunners clinch statement win? Arsenal 5-1 Man City: ‘Tenacity, endeavour, composure’ – how did Gunners clinch statement win? Arsenal’s intensity and physicality was probably the most glaring difference between the two sides, and as the game went on it became too much for City to handle. Whatever was happening, even when they were soaking up pressure, Arsenal still had the energy to launch dangerous counter-attacks, and they ended up overpowering City. Again, that was not just down to one or two players. As well as the midfield, their two centre-halves are athletic and strong, and their full-backs are quick and willing to get after opponents and put their foot in. I think Kai Havertz deserves some credit as well, because after that big miss at 1-0, it would have been easy for him to feel sorry for himself. Instead he kept going, kept working hard, and got his goal in the end. Collectively, Arsenal’s mentality was extremely impressive and, tactically, they were spot on too. One of the things I thought was particularly clever, and which was definitely a ploy by Arteta, was the amount of times their goalkeeper David Raya went long when he had the ball. Arsenal did not even appear too worried about whether they won the ball or not when Raya played it forward – they just did not want to give City the chance to press them. It meant that when City did get the ball this way, they were in their own half and a long way from goal, so Arsenal had a chance to set their defensive traps again. There were still times the Gunners played out from the back, when there was more space, but that was only because Raya had played so many long ****** that City had dropped off to deal with them. Again, their variation was key. Source link #Arsenal #Man #City #Tenacity #endeavour #composure #Gunners #clinch #statement #win Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

WA Labor to invest in ‘Ningaloo Reef tourism hub’ if re-elected WA Labor to invest in ‘Ningaloo Reef tourism hub’ if re-elected A massive upgrade to one of the main on-water access points for tourists and locals wanting to explore Ningaloo Reef has been proposed by WA Labor if re-elected. Source link #Labor #invest #Ningaloo #Reef #tourism #hub #reelected Pelican News View the full article at [Hidden Content]

Tiny endangered froglets saved from deadly ******* in dramatic 7,000-mile rescue Tiny endangered froglets saved from deadly ******* in dramatic 7,000-mile rescue More than 30 endangered froglets have been born at London Zoo after a dramatic 7,000-mile rescue mission saw their parents extracted from their *******-threatened native habitat. The Darwin’s frog, named after Charles Darwin, faces extinction after the introduction of the chytrid ******* to their habitat. In 2023, surveys confirmed the deadly ******* had arrived in the remote Parque Tantauco forests in southern Chile – leading to a catastrophic 90 per cent decline in monitored populations within a year. While conservationists work out how to make their forest home safe, the survival of the Darwin’s frog could depend on safe refuges like the one London Zoo has provided. However, bringing the endangered amphibians to the *** was no easy task, requiring a trip to Chile and a painstaking hunt for the tiny creatures, with the fully-grown fathers coming in at less than 3cm. The Darwin’s frog, named after Charles Darwin, faces extinction after the introduction of the chytrid ******* to their habitat (Benjamin Tapley/ZSL/PA Wire) Having secured 53 to bring to London, the efforts of the zoo’s conservationists have been rewarded with the arrival of 33 froglets. Ben Tapley, curator of amphibians at London Zoo, said: “This is a landmark moment in our work to protect the Darwin’s frog from the devastating impact of chytrid *******. “The successful parent-rearing of these froglets is a powerful symbol of hope for the species, highlights what can be achieved when conservationists work together, and serves as a critical reminder of the role of our conservation zoo. “We knew we were embarking on something special – the clock was ticking, and we needed to act quickly if we were going to save these frogs – and capturing this work on film has really cemented just how vital our work is.” Darwin’s frog eggs (Benjamin Tapley/ZSL/PA Wire) The 33 froglets were carried and brooded by 11 of the male frogs, who carry the tadpoles in their vocal sacs until they are ready. A film titled A Leap of Hope will premiere on Monday, showcasing what went on during the rescue trip. Andres Valenzuela-Sanchez, ZSL’s Institute of Zoology research fellow, said: “By working with partners in Chile, we’re able to safeguard these frogs in their new home at London Zoo, ensuring that this unique species has a fighting chance of recovery. “These frogs are not only vital for the future of their species but also help us better understand how we can combat chytrid ******* and safeguard other amphibians globally.” Source link #Tiny #endangered #froglets #saved #deadly #******* #dramatic #7000mile #rescue Pelican News View the full article at [Hidden Content]

Dow futures drop more than 450 points after Trump hits U.S. trading partners with tariffs: Live updates – CNBC Dow futures drop more than 450 points after Trump hits U.S. trading partners with tariffs: Live updates – CNBC Dow futures drop more than 450 points after Trump hits U.S. trading partners with tariffs: Live updates CNBCTrump signs tariffs on top trade partners as he enacts ‘America First’ agenda CNNFact Sheet: President Donald J. Trump Imposes Tariffs on Imports from Canada, Mexico and China The White HouseTrump Tariffs Live Updates: President Admits Prices Could Rise As Canada And Mexico Plan Retaliation Forbes Source link #Dow #futures #drop #points #Trump #hits #U.S #trading #partners #tariffs #Live #updates #CNBC Pelican News View the full article at [Hidden Content]

England in India: Brendon McCullum’s challenge clear after mauling in Mumbai England in India: Brendon McCullum’s challenge clear after mauling in Mumbai The only blessing from Abhishek’s assault is that it distracted from England’s main issue throughout this series. They look no closer to solving a spin conundrum that has dogged the Test team, Heather Knight’s Ashes pursuit and even an Under-19 World Cup campaign. Across these five matches, they lost 29 wickets at an average of 14.20 average to India’s tweakers, losing a wicket every 11 ******. The result has been an England batting line-up that looked a batter light throughout. Phil Salt and Ben Duckett are yet to gel like Duckett and Crawley, Buttler faded after a bright start, while Harry Brook and Jacob Bethell had their most difficult series to date in an England shirt. Overton bowled well at the death at times and has been a fearsome lower-order hitter in certain conditions in recent years. A number seven in India below a shaky top six he is not. The result is predictable – calls for Joe Root’s T20 return have grown louder. Many will argue every band needs a drummer, someone to hold the tune while the others do their thing. Root, though, has a lower T20 strike-rate than all of the batters in England’s current squad. Is he a T20 batter for the Gen Z age and does the Yorkshireman have more immediate red-ball priorities? If England are to go back to their T20 past, they could do worse than recall Tom Banton. The Somerset batter has scored two centuries and two more fifties during a stint the ILT20 this winter, while Abhishek can better his current strike-rate against spin. Source link #England #India #Brendon #McCullums #challenge #clear #mauling #Mumbai Pelican News View the full article at [Hidden Content]

Visy billionaire Anthony Pratt tops 2023-24 donations list with $1m pledge to Labor Visy billionaire Anthony Pratt tops 2023-24 donations list with $1m pledge to Labor The *********** billionaire topped the political donations list with a $1m gift to one party, but he wasn’t the only rich-lister helping out. Source link #Visy #billionaire #Anthony #Pratt #tops #donations #list #pledge #Labor Pelican News View the full article at [Hidden Content]

Dow, S&P 500, Nasdaq futures plummet after Trump hits Canada, Mexico, China with tariffs Dow, S&P 500, Nasdaq futures plummet after Trump hits Canada, Mexico, China with tariffs US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs on China, Mexico, and Canada. Nasdaq futures (NQ=F) have dived 2.2%, leading the way down. S&P 500 futures (ES=F) spiraled 1.6%, and futures attached to the Dow (YM=F) stumbled 1.1%, or around 500 points. The tariffs, set to take effect on Tuesday, will include 25% duties on Canada and Mexico and 10% on China. Energy imports from Canada will be lower with a 10% duty. On Sunday evening, the US dollar index (DX=F) rose to near its highest levels over the past year. Crude oil (CL=F) also jumped around 2%. With Trump’s tariffs arriving as expected over the past week, focus has been honed in on retaliatory announcements. As Yahoo Finance’s Ben Werschkul reported, Canada, Mexico, and China were quick to announce measures across a range of goods. Prime Minister Justin Trudeau said Canada will place 25% counter-tariffs on around $107 billion in American-made products. The trade war is causing “considerable uncertainty about President Trump’s trade agenda for 2025.” That uncertainty is a large part of the Fed’s desire to keep a hold on rates for fears of a rise in inflation. The tariffs are due to impact consumers directly across a number of industries. Automobiles and auto parts, gas and oil, clothes, computers, ********, and avocados are a small selection of items whose prices are expected to rise. Coming soon Stock market coverage for Monday, February 3, 2025. Source link #Dow #Nasdaq #futures #plummet #Trump #hits #Canada #Mexico #China #tariffs Pelican News View the full article at [Hidden Content]

DeepSeek was downloaded by millions. Deleting it might come next DeepSeek was downloaded by millions. Deleting it might come next This week’s news that the DeepSeek Chatbot app, developed by China, was downloaded from the Apple app store significantly more times than the US-developed ChatGPT from Open AI, wiped billions off the global tech market. Leon Neal | Getty Images News | Getty Images Plenty of Americans are discovering the AI search powers of DeepSeek, the breakthrough ******** generative AI app that surged to No. 1 downloaded status on Apple’s App Store last week. But in an era of U.S.-China technology rivalry and mistrust, and entities from NASA to the U.S. Navy and Taiwanese government prohibiting use of DeepSeek within days, is it wise of millions of Americans to let the app start playing around with their personal search inquiries? The sudden rise of DeepSeek — created on a rapid timeline and on a budget reportedly much lower than previously thought possible — caught AI experts off guard, though skepticism over the claims remain and some estimates suggest the ******** company understated costs by hundreds of millions of dollars. Privacy advocates were caught off guard, too, and their concerns aren’t predicated on AI development costs, and they already warning that Americans are putting themselves and their privacy at risk. The amount of data and information that bad actors in China could harvest from DeepSeek is 20 times worse than what could be collected from a Google search, says Dewardric McNeal, managing director and senior policy analyst at risk management firm Longview Global, which advises companies on China strategy. “It is a rich trove of intelligence,” said McNeal, who has studied the details of ******** government data sharing requirements for domestic firms. There are obvious risks, he said, such as personal banking or health information that can be stolen, and prominent cybersecurity firms are already reporting vulnerabilities in DeepSeek. DeepSeek itself reported being hit with a major cyberattack last week. But McNeal is just as worried about the “******* picture” competition between nations. “I want us to speak broader than just the narrow data; we often don’t speak about the degree to which this information paints a mental map through understanding queries,” McNeal said. For example, ******** intelligence could use the broader patterns of queries in DeepSeek to learn about various American industries and to sow division among the public. “The world won’t end tomorrow because I logged into DeepSeek,” McNeal said, but he added that does not mean there isn’t considerable risk involved. The AI’s open-source approach, for one, could give China access to US-based supply chains at an industry level, allowing them to learn what companies are doing and better compete against them. “National security professionals are thinking about it in those terms,” McNeal said. Matt Pearl, a special advisor to the deputy national security advisor at the National Security Council in the Biden administration and now the Strategic Technologies Program director at the Center for Strategic and International Studies, said DeepSeek’s privacy policy implies that people have control over what is collected, but it should induce alarm. “DeepSeek’s privacy policy is not worth the paper it is written on,” Pearl said. DeepSeek is subjected to PRC laws and anything entered into the app is fair game. Through keystroke patterns, a DeepSeek user can be tracked across all devices, information gathered from advertisers, and DeepSeek could also seek to leverage cameras and microphones, according to Pearl. “If they can do it technically in the app and the PRC determines it is something they want to do, then it poses a danger,” Pearl said. But the threat that Pearl said most keeps him up at night is related to cybersecurity and the potential for a mass malware injection. “It is hard to emphasize all the different potential ways in which it could be used. And, in theory, it could be done in a single update to the app,” he said. Officials at High Flyer, the ********-backed hedge fund which created DeepSeek, did not respond to a request for comment. ChatGPT still far ahead of DeepSeek Despite the outsized impact on the markets and leading AI firms including Nvidia, DeepSeek still has a long way to go to catch up to rival ChatGPT, which is continuing to raise a formidable war chest — a few days after the DeepSeek headlines dominated the tech and markets news cycle, OpenAI was reportedly in talks for a $40 billion funding round. DeepSeek remains far behind ChatGPT in consumer activity, according to online analytics platform Semrush, with the OpenAI app maintaining an average daily visit count in the tens of millions. But ChatGPT has experienced a recent dip in traffic — it had 22.1 million visitors on October 1, 2024, but that had declined to 14.9 million by January 19, according to Semrush. At the same time, even before it became a major national news story, DeepSeek’s online footprint was growing — from 2.3K average U.S. daily visits on October 1, 2024, to 71.2K by January 19 (a week before it caused the stock market to tank). Joe Jones, director of research and insights for The International Association of Privacy Professionals, a policy-neutral nonprofit that promotes privacy and AI governance, says that disruptors like DeepSeek can make the organization’s job more difficult. “It is challenging for people to do that work when you have proliferating laws that are complex, diverse, and often in tension, and technologies like DeepSeek that come at you from left field, upend status quos and make you rethink good governance,” Jones said. The fact that the debate is playing out across borders makes it more contentious. “This has gotten a whole lot more complex in this turbocharged geopolitical environment,” Jones added. Liang Wenfeng, founder of startup DeepSeek, delivers the keynote speech during the 10th China Private Equity Golden Bull Awards on August 30, 2019 in Shanghai, China. Vcg | Visual China Group | Getty Images The challenges will not be solved any time soon, according to Brendan Englot, director of the Stevens Institute for Artificial Intelligence at the Stevens Institute of Technology. “AI is now a global international competition, and we will see breakthroughs all over the world,” Englot said. The open-source technology approach leveraged by DeepSeek — an approach promoted by Meta — means more DeepSeeks are coming. “There will be many more disruptions just like this one shortly,” Englot said. For consumers, the tradeoffs will need to be navigated with an understanding of the data implications. The tools are being designed to improve lives by increasing efficiency and creativity. “So it is tempting to share our data, but you have to assume it is fair game to be used once you do,” Englot said. DeepSeek’s success suggests that export controls on advanced chips intended to slow ******** AI efforts might need to be even stricter, but are also no silver bullet. “To be clear, they’re not a way to duck the competition between the US and China,” wrote Dario Amodei, CEO of gen AI startup Anthropic, in a blog post this week. “In the end, AI companies in the US and other democracies must have better models than those in China if we want to prevail. But we shouldn’t hand the ******** ********** Party technological advantages when we don’t have to.” Pearl says it may ultimately fall to the U.S. government to regulate or legislate. “The government has the ability under the same law that they had to ban TikTok; they can ban DeepSeek. The law that was passed doesn’t just apply to TikTok,” Pearl said, citing provisions of the law related to a company controlled by a foreign adversary, or deemed by the U.S. president to be a threat to national security. Pearl thinks that despite President Trump’s backing away from a TikTok ban, US-based tech companies will likely lobby harder when it comes to AI. “I think you will see U.S. tech companies lobbying the admin hard on this and saying DeepSeek will corner the AI market, and it is critical to have U.S. companies at the forefront,” Pearl said. “Trump will hear from them at the highest levels. China has made champions by keeping the USA out of their markets, why should we allow them to dominate our markets?” Source link #DeepSeek #downloaded #millions #Deleting Pelican News View the full article at [Hidden Content]

Luka Doncic trade: Five teams that could have made better offers than Lakers if Mavs had shopped superstar – CBS Sports Luka Doncic trade: Five teams that could have made better offers than Lakers if Mavs had shopped superstar – CBS Sports Luka Doncic trade: Five teams that could have made better offers than Lakers if Mavs had shopped superstar CBS SportsLuka Dončić, LeBron James and the biggest winners and losers of the Lakers-Mavericks trade Yahoo SportsLuka Doncic snubs Mavericks in farewell note to Dallas fans after blockbuster trade Fox NewsLeBron James breaks silence with heartfelt Anthony Davis goodbye after blockbuster trade New York Post Luka Doncic releases statement after Mavericks trade with Lakers for Anthony Davis USA TODAY Source link #Luka #Doncic #trade #teams #offers #Lakers #Mavs #shopped #superstar #CBS #Sports Pelican News View the full article at [Hidden Content]