Pelican Press

Don’t raise prices due to my tariffs but do eat the costs from those taxes Don’t raise prices due to my tariffs but do eat the costs from those taxes WASHINGTON (AP) — President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs. As Trump has jacked up import taxes, he has tried to assure a skeptical public that foreign producers would pay for those taxes and that retailers and automakers would absorb the additional expenses. Most economic analyses are deeply skeptical of those claims and have warned that the trade penalties would worsen inflation. Walmart warned on Thursday that everything from bananas to children’s car seats could increase in price. Trump, in his Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing. “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump posted. “Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!” The posting by the Republican president reflected the increasingly awkward series of choices that many major American companies face as a result of his tariffs, from deteriorating sales to the possibility of incurring Trump’s wrath. Trump has similarly warned domestic automakers to not raise their prices, even though outside analyses say his tariffs would raise production costs. So far, those tariffs have darkened the mood of an otherwise resilient U.S. economy. The preliminary reading of the University of Michigan survey of consumer sentiment on Friday slipped to its second lowest measure on record, with roughly 75% of respondents “spontaneously” mentioning tariffs as they largely expected inflation to accelerate. In April, Walmart CEO Doug McMillon was among the retail executives who met with Trump at the White House to discuss tariffs. But the Trump administration went forward despite warnings and has attacked other companies such as Amazon and Apple that are struggling with the disruptions to their supply chains. Walmart chief financial officer John David Rainey said he thinks $350 car seats made in China will soon cost an additional $100, a 29% price increase. “We’re wired to keep prices low, but there’s a limit to what we can bear, or any retailer for that matter,” he told The Associated Press on Thursday after the company reported strong first-quarter sales. The administration recently ratcheted down its 145% tariffs on China to 30% for a 90-day *******. Trump has placed tariffs as high as 25% on Mexico and Canada due to ******** immigration and drug trafficking, harming the relationship with America’s two largest trading partners. There is a universal baseline tariff of 10% on most countries as Trump promises to reach trade deals in the coming weeks after having shocked the financial markets in early April by charging higher import taxes based on trade deficits with other countries. Trump insists he intends to preserve the tariffs as a revenue source and that a framework agreement with the United Kingdom would largely keep the 10% tariff rate in place. Trump has also placed import taxes on autos, steel and aluminum and plans to do so on pharmaceutical drugs, among other products. The tariffs and Trump’s own reversals on how much he should charge have generated uncertainty across the U.S. economy, such that Federal Reserve Chair Jerome Powell has held the central bank’s benchmark rates steady until there is more clarity. Powell has warned that tariffs can both hurt growth and raise prices. On Saturday, Trump repeated his calls for Powell to cut the benchmark rates. That could cause inflation to accelerate, but the president has maintained that inflationary pressures have largely disappeared from the economy. “Too Late Powell, a man legendary for being Too Late, will probably blow it again – But who knows???” Trump posted on Truth Social. Source link #Dont #raise #prices #due #tariffs #eat #costs #taxes Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Biden Faces Renewed Scrutiny After Release of Special Counsel Audio – The New York Times Biden Faces Renewed Scrutiny After Release of Special Counsel Audio – The New York Times Biden Faces Renewed Scrutiny After Release of Special Counsel Audio The New York TimesNewly released audio appears to confirm Biden’s memory lapses in 2023 The GuardianBiden audio release pressures Democrats who would rather talk about Trump AP NewsExclusive: Biden’s reversal on classified document flustered his attorneys AxiosBiden interview audio reveals who brought up Beau’s death — and it wasn’t Hur Fox News Source link #Biden #Faces #Renewed #Scrutiny #Release #Special #Counsel #Audio #York #Times Pelican News View the full article at [Hidden Content]

Premiership: Northampton 28-24 Saracens: Late Saints try hits Sarries’ play-off hopes Premiership: Northampton 28-24 Saracens: Late Saints try hits Sarries’ play-off hopes Northampton: Ramm; Freeman, Dingwall (capt), Hutchinson, Litchfield; Smith, Mitchell; Iyogun, Langdon, Davison, Mayanavanua, Lockett, Coles, Kemeny, Pollock. Replacements: Wright, Haffar, Millar Mills, Prowse, Scott-Young, Weimann, Garside, Seabrook Saracens: Goode; Elliott, Daly, Tompkins, Segun; Burke, van Zyl; Mawi, George, Riccioni, Itoje (capt), Isiekwe, Gonzalez, Earl, Willis. Replacements: Dan, Brantingham, Clarey, Tizard, McFarland, Onyeama-Christie, Bracken, Hall. Yellow card: Onyeama-Christie (72) Referee: Luke Pearce Source link #Premiership #Northampton #Saracens #Late #Saints #hits #Sarries #playoff #hopes Pelican News View the full article at [Hidden Content]

Don’t raise prices due to my tariffs but do eat the costs from those taxes Don’t raise prices due to my tariffs but do eat the costs from those taxes WASHINGTON (AP) — President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs. As Trump has jacked up import taxes, he has tried to assure a skeptical public that foreign producers would pay for those taxes and that retailers and automakers would absorb the additional expenses. Most economic analyses are deeply skeptical of those claims and have warned that the trade penalties would worsen inflation. Walmart warned on Thursday that everything from bananas to children’s car seats could increase in price. Trump, in his Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing. “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump posted. “Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!” The posting by the Republican president reflected the increasingly awkward series of choices that many major American companies face as a result of his tariffs, from deteriorating sales to the possibility of incurring Trump’s wrath. Trump has similarly warned domestic automakers to not raise their prices, even though outside analyses say his tariffs would raise production costs. So far, those tariffs have darkened the mood of an otherwise resilient U.S. economy. The preliminary reading of the University of Michigan survey of consumer sentiment on Friday slipped to its second lowest measure on record, with roughly 75% of respondents “spontaneously” mentioning tariffs as they largely expected inflation to accelerate. In April, Walmart CEO Doug McMillon was among the retail executives who met with Trump at the White House to discuss tariffs. But the Trump administration went forward despite warnings and has attacked other companies such as Amazon and Apple that are struggling with the disruptions to their supply chains. Walmart chief financial officer John David Rainey said he thinks $350 car seats made in China will soon cost an additional $100, a 29% price increase. “We’re wired to keep prices low, but there’s a limit to what we can bear, or any retailer for that matter,” he told The Associated Press on Thursday after the company reported strong first-quarter sales. Story Continues The administration recently ratcheted down its 145% tariffs on China to 30% for a 90-day *******. Trump has placed tariffs as high as 25% on Mexico and Canada due to ******** immigration and drug trafficking, harming the relationship with America’s two largest trading partners. There is a universal baseline tariff of 10% on most countries as Trump promises to reach trade deals in the coming weeks after having shocked the financial markets in early April by charging higher import taxes based on trade deficits with other countries. Trump insists he intends to preserve the tariffs as a revenue source and that a framework agreement with the United Kingdom would largely keep the 10% tariff rate in place. Trump has also placed import taxes on autos, steel and aluminum and plans to do so on pharmaceutical drugs, among other products. The tariffs and Trump’s own reversals on how much he should charge have generated uncertainty across the U.S. economy, such that Federal Reserve Chair Jerome Powell has held the central bank’s benchmark rates steady until there is more clarity. Powell has warned that tariffs can both hurt growth and raise prices. On Saturday, Trump repeated his calls for Powell to cut the benchmark rates. That could cause inflation to accelerate, but the president has maintained that inflationary pressures have largely disappeared from the economy. “Too Late Powell, a man legendary for being Too Late, will probably blow it again – But who knows???” Trump posted on Truth Social. Source link #Dont #raise #prices #due #tariffs #eat #costs #taxes Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Orioles Fire Manager Brandon Hyde – MLB Trade Rumors Orioles Fire Manager Brandon Hyde – MLB Trade Rumors Orioles Fire Manager Brandon Hyde MLB Trade RumorsSources: O’s fire manager Hyde after slow start ESPNBaltimore Orioles fire manager Brandon Hyde, catching instructor Tim Cossins WBAL-TVHyde: “I’m as frustrated as anybody” MASNsports.comOrioles mailbag: Could Mike Elias sell at the deadline? Baltimore Sun Source link #Orioles #Fire #Manager #Brandon #Hyde #MLB #Trade #Rumors Pelican News View the full article at [Hidden Content]

M&S hackers believed to have gained access through third party M&S hackers believed to have gained access through third party Emma Simpson Business correspondent Getty Images Marks & Spencer was hit with a cyber-attack in April The hackers behind a cyber-attack on Marks & Spencer (M&S) managed to gain entry through a third party who had access to its systems, the BBC understands. The cyber-attack, which happened in April, has caused millions of pounds of lost sales for M&S and left it struggling to get services back to normal, with online orders paused for more than three weeks. The supermarket declined to comment on the nature of the breach or these new details, saying “availability is now in a much more normal place with stores well stocked this weekend”. DragonForce – the name the criminals are using – previously told the BBC it was behind the attack and was also responsible for hacking the Co-op and an attempted hack on Harrods. M&S will announce its annual results on Wednesday, but the focus will all be on the devastating attack and its financial impact. Bank of America analysts believe M&S has lost more than £40m of sales every week since the incident began over the Easter bank holiday weekend. It announced on 25 April it had stopped taking online orders. Some stores were left with empty food shelves after the firm had to take some food-related systems offline. On a precautionary basis, M&S decided to close down many of its IT operations following the attack, effectively locking itself out its core systems as it grappled to deal with the attack. The biggest challenge is getting its online system fully operational again, which accounts for around a third of its clothing and homeware sales. M&S told the BBC: “Our stores have remained open and availability is now in a much more normal place with stores well stocked this weekend.” The retailer said on 13 May that some personal customer data was stolen in the cyber attack, which could include names, date of birth, phone numbers, home addresses, email addresses, household information, and online order histories. It added that any card information taken would not be useable as it does not hold full card payment details on its systems. The Co-op, which the hackers previously told the BBC they had targeted, said on 30 April that it had shut down parts of its IT systems in response to the attack. The hack caused payment problems and widespread shortages of goods in shops, and customer and staff data was compromised. It said on Wednesday that customers should see stocks return to more normal levels on Saturday and Sunday. Source link #hackers #believed #gained #access #party Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Peoria doctor dies in U.S. 67 ****** in Warren County Peoria doctor dies in U.S. 67 ****** in Warren County MONMOUTH, Ill. (WMBD) — A Peoria doctor died in a ****** in Warren County on Thursday. The Warren County Coroner confirmed Dr. Syed Imam died in the ******. His time of death was 2:50 p.m. Imam was a doctor at OSF HealthCare. The ****** occurred on U.S. Route 67 near 185th Avenue at approximately 2:32 p.m., according to preliminary information from the Illinois State Police. State troopers initially responded to a report of a deadly ****** involving a car and a tractor-trailer. Imam was the driver of the car. The northbound lane of Route 67 was closed while troopers investigated the ******. The route was reopened at 8:49 p.m. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to CIProud.com. Source link #Peoria #doctor #dies #U.S #****** #Warren #County Pelican News View the full article at [Hidden Content]

Trump tells Walmart to 'eat the tariffs' after retailer warned it will raise prices – CNBC Trump tells Walmart to 'eat the tariffs' after retailer warned it will raise prices – CNBC Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices CNBCHere’s what tariffs could make more expensive at Walmart CNNTrump tells Walmart to ‘eat the tariffs’ instead of raising prices ReutersTrump berates Walmart over price hikes: ‘Eat the tariffs’ The HillTrump threatens Walmart, demands it “eat the tariffs” Axios Source link #Trump #tells #Walmart #039eat #tariffs039 #retailer #warned #raise #prices #CNBC Pelican News View the full article at [Hidden Content]

Second man arrested over fires at homes linked to Keir Starmer Second man arrested over fires at homes linked to Keir Starmer A second man has been arrested in connection with alleged arson attacks in north London at properties connected to Sir Keir Starmer. The 26-year-old was arrested on Saturday at London Luton Airport on suspicion of conspiracy to commit arson with intent to endanger life. The arrest relates to three incidents: a vehicle fire in Kentish Town, a fire at the prime minister’s private home on the same street, and a fire at an address he previously lived at in north-west London. Another man, Roman Lavrynovych, 21, who the BBC understands is a builder and roofer, appeared in court on Friday and is accused of three counts of arson with intent to endanger life following the fires. He did not enter any pleas. Source link #man #arrested #fires #homes #linked #Keir #Starmer Pelican News View the full article at [Hidden Content]

Former NFL receiver Antonio Brown involved in apparent robbery attempt at Miami boxing event Former NFL receiver Antonio Brown involved in apparent robbery attempt at Miami boxing event Former NFL receiver Antonio Brown was involved in a brawl during a boxing event in Miami in which it appeared that he was the target of a robbery attempt. Several bystanders recorded video of the incident in which someone allegedly tried to steal jewelry Brown was wearing around his neck, then joined a group of people in attacking him. Advertisement “I was jumped by multiple individuals who tried to steal my jewelry and cause physical harm to me,” Brown posted on social media. Though Brown is seen being handcuffed by local police, he says he was only being detained to provide his account of what happened and was then released, not arrested. “I WENT HOME THAT NIGHT AND WAS NOT ARRESTED,” Brown added. “I will be talking to my legal council and attorneys on pressing charges on the individuals that jumped me.” Some witnesses allege that Brown pulled out a handgun after being attacked and apparent shots can be heard being fired in the melee surrounding the episode. Brown can be seen kicking a man in video clips, who was later identified as security personnel who was trying to protect him. Advertisement After being questioned by police, Brown returned to the event, which was being promoted by streaming celebrity Adin Ross and his Brand Risk Promotions. Brown can be seen on Ross’ live stream following the incident and was asked if he wanted to do “story time,” but walked away from the camera. Brown later said on the stream that “nothing happened” and that he “blacked out,” making a joke about suffering from CTE sustained during his football career. A seven-time Pro Bowler and four-time first-team All-Pro selection, Brown has not played in the NFL since 2021. Yet the 12-year NFL veteran has stayed in the public eye due to many off-field controversies, of which this is the latest. Source link #NFL #receiver #Antonio #Brown #involved #apparent #robbery #attempt #Miami #boxing #event Pelican News View the full article at [Hidden Content]

These 19 stocks at the intersection of AI and robotics could see big sales boosts – MarketWatch These 19 stocks at the intersection of AI and robotics could see big sales boosts – MarketWatch These 19 stocks at the intersection of AI and robotics could see big sales boosts MarketWatchBest Robotics Stocks To Add to Your Watchlist – May 11th MarketBeatBest Robotics Stocks To Watch Now – May 15th MarketBeatRobotics Stocks To Watch Today – May 13th MarketBeatRobotics Stocks To Consider – May 10th MarketBeat Source link #stocks #intersection #robotics #big #sales #boosts #MarketWatch Pelican News View the full article at [Hidden Content]

Swiss mountain avalanche buries several people, police say Swiss mountain avalanche buries several people, police say A rescue mission is under way to reach several people buried in an avalanche on the Eiger mountain in the Swiss Alps, local police say. The avalanche took place shortly after midday on Saturday, Bern police said in a statement on social media. They said they had launched a large-scale operation involving several rescue teams who were looking for people. The Eiger is a 3,967m (13,000 ft) peak near the tourist resorts of Grindelwald, Lauterbrunnen, and Wengen. Source link #Swiss #mountain #avalanche #buries #people #police Pelican News View the full article at [Hidden Content]

Trump claims the US is the only country with birthright citizenship. It’s not Trump claims the US is the only country with birthright citizenship. It’s not As the Supreme Court prepared to hear arguments Thursday on whether to allow President Donald Trump’s restrictions on birthright citizenship to take effect, he falsely claimed on Truth Social that the United States is the only country that offers such a right. Trump signed an executive order on Jan. 20, the first day of his second term, that would deny citizenship to children who are born to people who are living in the U.S. illegally or temporarily. It has been put on nationwide holds by lower court orders. The administration is now appealing, on an emergency basis, the authority of individual judges to issue these rulings, known as nationwide, or universal, injunctions. The constitutionality of the executive order itself is not yet before the court. Here’s a closer look at the facts. TRUMP, discussing birthright citizenship in a Truth Social post: “The United States of America is the only Country in the World that does this, for what reason, nobody knows.” THE FACTS: This is not true. About 30 countries, including the U.S., offer unconditional birthright citizenship, according to the CIA World Factbook and the Library of Congress. Birthright citizenship was enshrined in the Constitution after the Civil War to ensure that formerly enslaved people would be citizens. “The statement is pretty obviously wrong,” said Ilya Somin, a professor of law at George Mason University who is an expert on constitutional law and migration rights. “Many countries have birthright citizenship, though in some of them the rules are different from those in the US.” Birthright citizenship is a principle known as jus soli or “right of the soil.” It bases citizenship on a person being born within a country’s territory. In contrast, the principle of jus sanguinis or “right of blood” determines citizenship based on the citizenship of one’s parents or other ancestors. Citizenship is granted to anyone born in the U.S., regardless of the parents’ immigration status. Only children of diplomats, who have allegiance to another government, and of enemies present in the U.S. during hostile occupation do not qualify. Those born to parents of sovereign Native American tribes were also excluded until the Indian Citizenship Act of 1924. Most countries with unconditional birthright citizenship, among them Canada and Mexico, are concentrated in the Americas. The rest are in Africa and Asia. Some countries offer citizenship to those born in their territory to noncitizen parents only under certain conditions, such as the legal status of their parents or the age of the person applying for citizenship based on place of birth. The first sentence of the Constitution’s 14th Amendment, often referred to as the Citizenship Clause, guarantees birthright citizenship. It states: “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.” This clause effectively overturned the notorious Dred Scott decision of 1857, in which the Supreme Court held that ****** people, no matter whether or not they were enslaved, were not citizens. It was ratified, along with the rest of the 14th Amendment, in 1868 after it was passed by the Senate in 1866. The Civil War ended in 1865. Trump’s executive order on birthright citizenship conflicts with a Supreme Court decision from 1898 that held that the Citizenship Clause made citizens of all children born on U.S. soil with narrow exceptions that are not at issue in the case currently before the court. The justices are also considering appeals from the Trump administration on several other issues, many related to immigration. ____ Find AP Fact Checks here: [Hidden Content]. Source link #Trump #claims #country #birthright #citizenship Pelican News View the full article at [Hidden Content]

Pedro Pascal, Emma Stone on Ari Aster Film 'Eddington' and America – The Hollywood Reporter Pedro Pascal, Emma Stone on Ari Aster Film 'Eddington' and America – The Hollywood Reporter Pedro Pascal, Emma Stone on Ari Aster Film ‘Eddington’ and America The Hollywood ReporterPedro Pascal deflects migrant questions at Cannes, speaks out against politicization of ‘fear’ under Trump Fox NewsJoaquin Phoenix Stars In Covid-era Thriller Set In ‘Sick’ America Barron’sEddington review: This ‘deranged’ starry thriller about the US’s pandemic divisions will ‘leave you breathless’ BBCPedro Pascal Says ‘F— the People That Try to Make You Scared’ When Asked About U.S. Political Chaos: ‘Fight Back. Don’t Let Them Win’ Variety Source link #Pedro #Pascal #Emma #Stone #Ari #Aster #Film #039Eddington039 #America #Hollywood #Reporter Pelican News View the full article at [Hidden Content]

Shuhei Yoshida claims 2 fan favourite PS Vita games were getting sequels before the transition to PS4 Shuhei Yoshida claims 2 fan favourite PS Vita games were getting sequels before the transition to PS4 Sequels to two fan-favourite PS Vita games were in development before the budget for both games was diverted to PlayStation 4 development. That’s according to former SIE president Shuhei Yoshida, who this week revealed that the sequels were in development, but ultimately scrapped as Sony transitioned from focusing on the cult-favourite handheld to putting its resources behind the PS4. Speaking on Sacred Symbols+, Yoshida said: “We were actually working on Soul Sacrifice 2 and Freedom Wars 2, but because of budget limitation we had to stop and move on to PS4.” Yoshida also claimed that the move to PS4 is the main reason that more Sony first-party IP didn’t receive a PS Vita iteration, in the same style as Sony Bend’s Uncharted: Golden Abyss. Freedom Wars was originally developed by Dimps and published by Sony Computer Entertainment. While a niche hit in the West, the game was far more popular in Japan, achieving the second-highest opening sales for any PlayStation Vita title. “In the distant future, humanity is in a struggle to survive. Pollution has devastated the planet, and the remnants of humanity are divided amongst city-sized prisons called Panopticons,” the game’s official description reads. “So scarce are resources that living itself is a crime and those born are immediately given a million years of prison time.” A remastered version of the game was released in January. Marvelous developed Soul Sacrifice in collaboration with the now-defunct PlayStation Japan Studio. The game was designed by Capcom veteran Keiji Inafune, and was released in 2013. An exdanded version, Soul Sacrifice Delta, was released the following year. Source link #Shuhei #Yoshida #claims #fan #favourite #Vita #games #sequels #transition #PS4 Pelican News View the full article at [Hidden Content]

Trump to call Putin, Zelenskyy, NATO members Monday to talk ceasefire Trump to call Putin, Zelenskyy, NATO members Monday to talk ceasefire U.S. President Donald Trump gestures, while he boards Air Force One, in Abu Dhabi, United Arab Emirates, May 16, 2025. Brian Snyder | Reuters President Donald Trump said Saturday he plans to speak separately to Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy on Monday in an effort to reach a ceasefire. “I WILL BE SPEAKING, BY TELEPHONE, TO PRESIDENT VLADIMIR PUTIN OF RUSSIA ON MONDAY, AT 10:00 A.M. THE SUBJECTS OF THE CALL WILL BE, STOPPING THE “BLOODBATH” THAT IS KILLING, ON AVERAGE, MORE THAN 5000 RUSSIAN AND UKRAINIAN SOLDIERS A WEEK, AND TRADE,” Trump said in a Saturday post on Truth Social. “I WILL THEN BE SPEAKING TO PRESIDENT ZELENSKYY OF UKRAINE AND THEN, WITH PRESIDENT ZELENSKYY, VARIOUS MEMBERS OF NATO,” he continued. “HOPEFULLY IT WILL BE A PRODUCTIVE DAY, A CEASEFIRE WILL TAKE PLACE, AND THIS VERY VIOLENT WAR, A WAR THAT SHOULD HAVE NEVER HAPPENED, WILL END. GOD BLESS US ALL!!!” Trump told reporters on Friday that he was setting up talks with Putin after the Russian president skipped peace talks between Russia and Ukraine in Turkey. “I think it’s time for us to just do it,” Trump said. “He and I will meet, and I think we’ll solve it or maybe not,” Trump said in comments to reporters after boarding Air Force One, as he departed for the U.S. following his four-day trip to the Middle East. “At least we’ll know. And if we don’t solve it, it’ll be very interesting.” Trump has grown frustrated with his administration’s efforts to facilitate a deal between Russia and Ukraine and has told advisers in private discussions that mediating a peace deal has been more difficult than he expected, CNN previously reported, citing sources. During his campaign, the U.S. president repeatedly said he would be able to end the war between Russia and Ukraine “in 24 hours” upon taking office. Trump has lately taken to blaming both sides, where he previously assigned blame solely on Ukraine’s Zelenskyy for making “inflammatory statements” that “makes it so difficult to settle this war.” He also accused the Ukrainian leader of adding to war complications by “boasting” that Kyiv would not legally recognize ceding Crimea to Russia. Trump recently chastised Putin for Russia’s strikes on Ukraine in late April that were “not necessary, and very bad timing.” Source link #Trumpto #call #Putin #Zelenskyy #NATO #members #Monday #talk #ceasefire Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Why More Homeowners Are Becoming Accidental Landlords Why More Homeowners Are Becoming Accidental Landlords When Chris L. and his husband bought their first home together in September 2023—a beautiful midcentury modern in Concord, CA—the next question became what Chris should do with the townhouse he’d bought on his own nine years earlier. While his old home was certainly more modest than his new property, it has one huge thing going for it: a 2.65% mortgage rate. “My mom used to always say, ‘Once you sell something, you can’t get it back,’” Chris says. While many homebuyers sell their first property when moving onto their next, Chris was reluctant to part with such a stellar mortgage rate. “It’s a gem I want to hang on to,” he explains. So rather than selling, he decided to rent it out instead. “It’s challenging to have two mortgages, but I think it’s worth it,” he says. Chris L. rented out his old townhome rather than selling it. (Chris L.) Why renting versus selling makes sense today Mortgage rates are driving the trend. Chris’ decision to rent it out rather than selling it makes a lot of sense in today’s housing market, where mortgage rates now hover around 6%. Homeowners who, like him, were lucky enough to snag the record-low interest rates of 2021–22 are hanging on to these properties and filling them with tenants instead. “Among repeat homebuyers in 2023, 2% reported renting out their home to others,” says Danielle Hale, chief economist at Realtor.com®. An additional 8% reported not planning to sell, without specifying what they’d do with the property. Taken together, that could mean that 1 in 10 homebuyers is holding on to the real estate they already own—and could become a whole new generation of de facto landlords. Real estate agents have also noticed an uptick in homebuyers renting out their previous properties. “I know a couple who inherited a property with a low-interest mortgage,” says Mike Rhoads, president of Wild North Home Offers in Raleigh, NC. “Instead of selling it to us, they decided to renovate it and turn it into a rental property. The rent they receive brings in extra cash flow each month.” In some cases, this scenario can give birth to a whole new career. “One couple I know of began renting versus selling because doing so provided them with a steady stream of income,” says Mike Wall, a real estate agent with eXp Realty/EZ Sell Homebuyers in Dayton, OH. “They have since acquired more rental properties, leveraging low interest rates to build a profitable real estate portfolio.” Another development that’s encouraging homeowners to rent out versus sell is the array of websites that cater to mom-and-pop landlords such as Avail, where individuals like Chris can easily post rental listings and screen applicants. “I did two weeks of showings with around 20 to 30 people showing up per day,” Chris recalls. After checking their credit scores and narrowing it down to four to five applicants, he offered the apartment to a tenant who moved in in February. How do the dollars stack up? Chris and his partner bought their new larger home for $1.35 million with a mortgage at a fixed interest rate of 7.5%, which costs them around $7,000 per month. Meanwhile, Chris’ townhome brings in $3,200 a month in rent, which more than covers the property’s outstanding monthly mortgage payment of $1,670—with plenty left over to help cover the costs of their new house. The benefits of renting out your homeRenting out a home can provide a steady income stream. (Getty Images) Many homebuyers sell their original digs because they need that cash as a down payment on their next property. However, provided you don’t have to sell to buy, the advantages of renting out are considerable. Passive income Investment properties bring in passive income, which you can put toward a new property or other purposes. You will also continue to build equity in your original property, which is a nice plus for your net worth. Equity building “The major difference between [today’s] 7% borrowing costs and [previous] mortgage costs—nearly two-thirds of which are under 4%—creates an incentive to try to hold on to existing debt, if it is possible,” says Hale. Low interest debt on an appreciating asset, like a home, can act as a form of forced savings. Every month, the portion of your mortgage payment that goes towards your principal balance becomes equity in your home (the portion of your property that you own outright, and don’t need to repay to the bank if you sell). Over time, that property also becomes more valuable, as it benefits from appreciation. With a low interest rate, more of your monthly payment ends up back in your pocket as equity, acting as a powerful wealth builder. High rents Mortgage interest rates are not the only reason renting out rather than selling is on the rise. “The fact that rents remain high due to a decades-long ******* of underbuilding has also contributed to this phenomenon,” says Hale. When rentals are in high demand and rents are high, these accidental landlords can reap major gains. But if rents tumble or a rental sits vacant, selling the home, even with its low mortgage, might be the better option. Flexibility If you’re relocating, holding on to your old home also allows you to test the waters of a new neighborhood without giving up the old in case you want the option to return. “Returning to the same area can often be more expensive versus keeping the property and letting it pay for itself with a renter while you are away,” says Cara Ameer, a real estate agent with Coldwell Banker, licensed in California and Florida. The risks of renting out your old home Homeowners who are considering renting out their old place should also weigh whether they’re up for the substantial responsibility of becoming a landlord. Tenant troubles Ameer lists a few of the responsibilities: Do you know how to properly screen tenants? Do you know the legalities of what you can and cannot do with today’s landlord-tenant laws? How will you handle the legalities of a tenant who is late paying rent or doesn’t pay at all—or, for that matter, the classic call about a broken dishwasher or a clogged toilet at 3 a.m.? These factors can eat up a sizable chunk of time and potentially add to your stress levels. Additional costs Also, remember it’s not just a matter of covering your mortgage on the home you are renting out. Real estate taxes and insurance are additional costs, as well as maintenance and repairs. “Many homeowners don’t understand the tenant isn’t going to treat the house the same as you would,” says Nathaniel Hovsepian, owner of The Expert Home Buyers in Augusta, GA. “You need to factor in more maintenance and upkeep over time.” Consider hiring a competent property manager to check on the house and handle repairs that crop up. That’s another expense eating into your rental profits, but it might be vital. You might not be allowed to Another thing to check before renting out an existing property: your mortgage terms. “Many sub-3% mortgages are found in owner-occupied properties,” says Jameson Tyler Drew, president of Anubis Properties, in the Los Angeles area. “They are the types of loans that involve first-time homebuyers and other tax credits. If you rent this kind of property out, you risk committing occupancy fraud. You could be on the hook to pay back both the mortgage and these tax breaks in full if you’re caught renting out your home, which I have seen happen.” Similarly, if your property is part of an homeowners association, you might be running afoul of its no-renting regulations, so double-check those guidelines. Otherwise, your cash cow could wind up costing you. As for concerns about the hassles of finding a reliable renter and maintaining his previous property, so far Chris has found the process of running a rental fairly easy. “So far she’s good about paying rent on time and is no trouble,” he says. “If being a landlord turned into a headache, I might sell later, but who knows. So far, it’s a good way to have some passive income and move up, and still keep something for retirement purposes or to pass down to the next generation.” Allaire Conte contributed to this article. Do you have personal real estate story you’d like to share? Email *****@*****.tld. Related Articles Source link #Homeowners #Accidental #Landlords Pelican News View the full article at [Hidden Content]

Expedition 33 Devs Considering Switch 2 Port Is a Royally Bad Idea for One Simple Reason Expedition 33 Devs Considering Switch 2 Port Is a Royally Bad Idea for One Simple Reason Clair Obscur: Expedition 33 quickly became a massive hit after its release last month. Within a short duration, they managed to receive a huge fanbase, who are impressed by their quality of work. Moreover, being available on major platforms like PC, PS5, and Xbox Series X|S is always a huge bonus. But what about Nintendo Switch 2? Well, it’s a fifty-fifty situation as there is no official confirmation from either Kepler Interactive or Sandfall Interactive. However, if they do consider that, it might be a bad move. Not that Switch 2 is a bad platform, but there’s a ******* reason. Clair Obscur: Expedition 33 Switch 2 port doesn’t seem to be a good idea That would hurt their mentality. | Image Credit: Sandfall Interactive Clair Obscur: Expedition 33‘s main attraction point is that it has been made by a small team who are focused on making good games. All the major development studios have become more business-focused than creating products that will impact the industry, but Sandfall has been a breath of fresh air. Moreover, the CEO of Sandfall Interactive, Guillaume Broche, left Ubisoft in 2020 because he “got bored.” Broche is extremely creative in his ideas, and it is evident when one plays the game, even for just a couple of hours. That’s exactly what allowed him to create a masterpiece like Clair Obscur: Expedition 33. But Switch 2 is just another platform, isn’t it better to make to available to more folks? The problem isn’t the platform, but Nintendo itself is. Thanks to them, the industry is observing a hike in video game prices. It would be a lie to say that they price their games according to content. Clair Obscur: Expedition 33 is only a $50 game, and is one of the best titles the gaming world has seen recently! It has been made through pure art and passion for gaming, with no business mind involved. What does Guillaume Broche want to do with Clair Obscur: Expedition 33? Guillaume Broche is overwhelmed with the success of Clair Obscur: Expedition 33. However, he did hint that there’s a possibility that their game would be made available to Switch 2. This is what he said on mistermv YouTube channel: Well, at this point, considering the success of the game, it kind of changes everything. So clearly, it’s too early to say, but we’re kind of in a situation where… let’s say there are a lot of opportunities showing up. Way too many at once, and we’re figuring out what we’ll go for and what we won’t. But yeah, it’s definitely something that could be interesting. For now, Sandfall wants to focus on bug fixing mostly, so that the experience is smooth for all. Working on a port will create a lot of pressure on the team if they wish to release it on Switch 2. In the far future, there might be a possibility, though. There are plans for a DLC for Clair Obscur: Expedition 33. Sandfall does have an opportunity to release a port and DLC at the same time. Will that happen for sure? Well, they have a small team, so it can’t really be said for sure. It took almost six years to create their game; coding a port will be an immense task, so let’s give them time before forcing our demands on them. However, if Sandfall wishes to focus on what competitors are doing and take familiar steps. Nintendo fans could enjoy the game on their Switch 2 once it releases. For now, don’t expect the game to release on their platform so soon. Do you wish to play Clair Obscus: Expedition 33 on your Switch 2? Or do you wish for the DLC for the game first? Let us know in the comments below. Source link #Expedition #Devs #Switch #Port #Royally #Bad #Idea #Simple #Reason Pelican News View the full article at [Hidden Content]

Trump to call Putin, Zelenskyy, NATO members Monday to talk ceasefire Trump to call Putin, Zelenskyy, NATO members Monday to talk ceasefire U.S. President Donald Trump gestures, while he boards Air Force One, in Abu Dhabi, United Arab Emirates, May 16, 2025. Brian Snyder | Reuters President Donald Trump said Saturday he plans to speak separately to Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy on Monday in an effort to reach a ceasefire. “I WILL BE SPEAKING, BY TELEPHONE, TO PRESIDENT VLADIMIR PUTIN OF RUSSIA ON MONDAY, AT 10:00 A.M. THE SUBJECTS OF THE CALL WILL BE, STOPPING THE “BLOODBATH” THAT IS KILLING, ON AVERAGE, MORE THAN 5000 RUSSIAN AND UKRAINIAN SOLDIERS A WEEK, AND TRADE,” Trump said in a Saturday post on Truth Social. “I WILL THEN BE SPEAKING TO PRESIDENT ZELENSKYY OF UKRAINE AND THEN, WITH PRESIDENT ZELENSKYY, VARIOUS MEMBERS OF NATO,” he continued. “HOPEFULLY IT WILL BE A PRODUCTIVE DAY, A CEASEFIRE WILL TAKE PLACE, AND THIS VERY VIOLENT WAR, A WAR THAT SHOULD HAVE NEVER HAPPENED, WILL END. GOD BLESS US ALL!!!” Trump told reporters on Friday that he was setting up talks with Putin after the Russian president skipped peace talks between Russia and Ukraine in Turkey. “I think it’s time for us to just do it,” Trump said. “He and I will meet, and I think we’ll solve it or maybe not,” Trump said in comments to reporters after boarding Air Force One, as he departed for the U.S. following his four-day trip to the Middle East. “At least we’ll know. And if we don’t solve it, it’ll be very interesting.” Trump has grown frustrated with his administration’s efforts to facilitate a deal between Russia and Ukraine and has told advisers in private discussions that mediating a peace deal has been more difficult than he expected, CNN previously reported, citing sources. During his campaign, the U.S. president repeatedly said he would be able to end the war between Russia and Ukraine “in 24 hours” upon taking office. Trump has lately taken to blaming both sides, where he previously assigned blame solely on Ukraine’s Zelenskyy for making “inflammatory statements” that “makes it so difficult to settle this war.” He also accused the Ukrainian leader of adding to war complications by “boasting” that Kyiv would not legally recognize ceding Crimea to Russia. Trump recently chastised Putin for Russia’s strikes on Ukraine in late April that were “not necessary, and very bad timing.” Source link #Trumpto #call #Putin #Zelenskyy #NATO #members #Monday #talk #ceasefire Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

What to Expect From Risk of Rain 2s Alloyed Collective Expansion What to Expect From Risk of Rain 2s Alloyed Collective Expansion Gearboxs second expansion for Risk of Rain 2 expands on one enemy faction, promising plenty of new content, and players should know what to expect. Source link #Expect #Risk #Rain #Alloyed #Collective #Expansion Pelican News View the full article at [Hidden Content]

Intel’s Lunar Lake intricacies revealed in new high-resolution die shots Intel’s Lunar Lake intricacies revealed in new high-resolution die shots Lunar Lake unequivocally shook the market by blending an ultra-efficient design typically seen in Arm-based SoCs with the established foundation of x86. Fritzchens ******, a renowned hardware enthusiast known for capturing incredibly detailed and high-resolution die shots of CPUs, dissected a Lunar Lake sample, offering us a look at its internals and Intel’s meticulous engineering. Developing Lunar Lake required Intel to walk a strategic tightrope between cost and a good product. The result is extremely similar to that of Arm-based alternatives from Qualcomm while efficiently trading blows with Apple Silicon. Innovation isn’t free, however, as Lunar Lake-powered laptops still hover in the four-figure territory. Even ex-CEO Pat Gelsinger characterized Lunar Lake as “a one-off” design, which explains why Intel’s leaked roadmaps do not mention a successor. Despite sharing the same core microarchitectures and process node as Arrow Lake, Intel took a completely different development approach with Lunar Lake. The TSMC N3B fabbed Compute Tile hosts four Lion Cove-based Performance (P) cores, sharing 12MB of L3 cache, with 2.5MB of private L2 cache per P-core. As opposed to Arrow Lake, the Skymont-based efficiency core cluster (E) doesn’t share the same L3 cache pool, but sits on a “Low Power Island” with its own dedicated L2 cache (4MB). Next to E-cores is the NPU (Neural Processing Unit), which is believed to have six NCE (Neural Compute Engines) for almost 48 TOPS of AI performance. You may like The Compute Tile is also home to a Battlemage-based integrated GPU with up to eight Xe2-LPG cores and the Media Engine. Intel has essentially packed all key processing elements on one chiplet, significantly reducing inter-die communication’s latency and power consumption. Intel also includes an 8MB System-Level-Cache (SLC) cache next to the memory controller, similar to Arm SoCs, which is shared between CPU cores, the integrated GPU, the NPU, and Media Engines. To further tighten integration and reduce latency, the memory physical layer is located directly on top of the Compute Tile, just below the two on-package, soldered, and non-upgradeable LPDDR5x-8533 ICs (16GB or 32GB) that function as the SoC’s main memory. Beneath the Compute Tile is the Platform Controller Tile based on TSMC’s N6 process and a ****** tile for structural rigidity. The Platform Controller Tile can be considered the I/O Extender Tile with Arrow Lake, even though Intel internally referred to it as Lunar Lake’s SoC Tile, based on leaks. This chiplet packs key HSIO and LSIO components, such as USB, Thunderbolt, and PCIe 4.0/5.0 interfaces, as well as Bluetooth and Wi-FI connectivity. All these chiplets are hosted atop a 22FFL-based active interposer, connected via Intel’s Foveros 3D packaging technology. These are just the chip’s overall specifications; the precise arrangement varies, as it’s impossible to know how Intel has laid out all these components without help from an engineer. All annotations are guesses based on visual cues, and each analyst may offer different interpretations. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Intels #Lunar #Lake #intricacies #revealed #highresolution #die #shots Pelican News View the full article at [Hidden Content]

Bill Maher Tears Into Trump For ‘Ultimate’ Double Standard: ‘If Obama Did It…’ Bill Maher Tears Into Trump For ‘Ultimate’ Double Standard: ‘If Obama Did It…’ Bill Maher tore into President Donald Trump for potentially accepting a $400 million jet from Qatar, noting that the intended Air Force One replacement would be his fourth plane — while kids might still get fewer toys as a result of his costly tariffs policy. Trump launched steep levies last month on all U.S. imports, painting the policy as a just crusade to revive American manufacturing. He recently dismissed related economic concerns saying kids will just have to make due with fewer dolls in the future. “Trump says he will not be using [the plane] when he leaves office, and people don’t believe that,” Maher said Friday during his opening “Real Time” monologue. “Not the ‘using it’ part — the ‘leaving office’ part. But, OK, so Trump now has four planes.” “He’s got the two Air Force Ones that the government provides,” Maher continued. “Then he’s got his own plane. Now he’s got this one. Four planes, yet everybody else, still only three dolls and 10 pencils.” Trump has said the plane would be a gift to the Department of Defense, and a source briefed on the matter told Reuters that it would ultimately be donated to Trump’s presidential library after he leaves office. The luxury jet would be one of the most valuable gifts ever received by the U.S. government, and has raised bipartisan concern. While the president has defended his “FREE OF CHARGE” gift on social media, Democrats, and even some Republicans, have raised ethical concerns about the jet. Trump has vigorously defended his plans to accept a $400 million jet from Qatar. Alex Brandon/Associated Press Maher speculated on how the right would react if the same situation happened with former President Barack Obama. The Democrat was famously excoriated by Republican critics in 2014 for merely wearing a tan suit to a press conference during his second administration. “They gave [Trump] a $400 million plane, which he accepted,” said Maher. “Now, this has to be the ultimate ‘If Obama did it,’ I think. Because if Obama did it, Fox News would be endlessly calling it ‘****** Force One.’ So I think I will call it that — ‘****** Force One.’” Maher has been a longtime Trump critic, but accepted a dinner invitation with the president earlier this year. The comedian and political pundit returned to his HBO show the following week — and called Trump “gracious and measured” to substantial backlash from critics. Related… Source link #Bill #Maher #Tears #Trump #Ultimate #Double #Standard #Obama #It.. Pelican News View the full article at [Hidden Content]

Palworld: The Case for a Character Customization Overhaul Palworld: The Case for a Character Customization Overhaul Palworld’s character customization is one of the title’s main areas of criticism, and there are a few techniques Pocketpair can apply to fix it up. Source link #Palworld #Case #Character #Customization #Overhaul Pelican News View the full article at [Hidden Content]

Israel launches a new military operation in Gaza a day after Trump leaves the Middle East – AP News Israel launches a new military operation in Gaza a day after Trump leaves the Middle East – AP News Israel launches a new military operation in Gaza a day after Trump leaves the Middle East AP NewsView Full Coverage on Google News Source link #Israel #launches #military #operation #Gaza #day #Trump #leaves #Middle #East #News Pelican News View the full article at [Hidden Content]

Emilia-Romagna Grand Prix: Oscar Piastri beats Max Verstappen to pole after Yuki Tsunoda ****** in Imola Emilia-Romagna Grand Prix: Oscar Piastri beats Max Verstappen to pole after Yuki Tsunoda ****** in Imola The session featured two red flags, the first for a terrifying accident for Tsunoda, who lost control on the entry to the Villeneuve chicane and spun across the gravel before the car was launched into the air off the tyre barrier. It somersaulted and landed upside down, before righting itself upon landing. The Japanese was uninjured and able to walk away from the ******. Tsunoda was not the only driver to hit the barriers, as Alpine debutant Franco Colapinto also spun into the barriers, this time at the Tamburello chicane. Colapinto’s was a less dramatic accident, as he lost control on the exit kerb and spun across the grass before going nose-first into the barrier. The Argentine was also unhurt. The pole fight always looked to be between the McLarens and Verstappen, and the Red Bull driver laid down the gauntlet with the fastest time on the first runs in final qualifying. Piastri ran first on the final runs, and was looking good after the first two sectors, only to come across a run of about five cars preparing their laps as he reached the two Rivazza left-handers that end the lap. He could not improve his time in that sector of the lap but the first two sectors had been enough to vault him ahead of Verstappen. The Dutchman did improve on his final lap, but only by 0.07secs and he just fell short of pole. Norris, third fastest on his first run, was unable to improve and was leapfrogged by Russell, who used the medium tyres on his final lap, echoing the wider use of mediums by Aston Martin through the session. Piastri said: “Very tough session with the red flags and also the tyres. Today the C6 (compound, the soft) was a real mystery. “The team did a nice job getting the car into a good place. The last lap was good, I had about four cars in the last corner which didn’t help but it was enough.” Verstappen said: “Everything was going really well, just the softest compound, it is very difficult to keep them alive around the lap. Sector one was good and then the tyres fell away from me. George set his time on a medium. The soft was maybe a bit too soft for this track.” Norris said: “I guess I just wasn’t quick enough. None of my performances in Q3 have been strong enough this year, so same thing.” Pirelli brought the three softest tyres of their range to this race in the hope of preventing the race being the locked-in one-stop strategy it has traditionally been at Imola. That looks unlikely to work, with the medium compound working well, and Aston Martin leaned into it throughout qualifying. The Aston Martin has a major upgrade on it this weekend, with a new floor and engine cover influenced by design legend Adrian Newey, who joined the team as managing technical partner in March. Alonso and Stroll clearly had a strategy to use the mediums, as they turned to them for their final runs in each session. Even though the team had no brand new mediums to use in the top 10 shootout, Alonso vaulted up from the seventh place he had secured with soft tyres on his first run to an excellent fifth on his second. Source link #EmiliaRomagna #Grand #Prix #Oscar #Piastri #beats #Max #Verstappen #pole #Yuki #Tsunoda #****** #Imola Pelican News View the full article at [Hidden Content]