Nissan CEO Makoto Uchida to step down on April 1, planning officer Espinosa named successor

Federal Reserve Chair Jerome Powell stated that the decision to maintain interest rates this year was influenced by President Trump's tariffs, which have led to increased inflation forecasts. While tariffs have not yet significantly impacted the U.S. economy, Powell emphasized the need for the Fed to monitor their effects, asserting the importance of keeping central banking decisions free from political pressure. Explain It To Me Like I'm 5: Federal Reserve Chair Jerome Powell said that...

Kylian Mbappe comes off the bench as Real Madrid beat Juventus 1-0 to reach FIFA Club World Cup quarterfinals.Real Madrid secured a 1-0 victory over Juventus in the FIFA Club World Cup, with Gonzalo Garcia scoring the only goal in the 54th minute. Kylian Mbappe made his return from illness as a 68th-minute substitute, helping Madrid advance to face the winner of Borussia Dortmund and Monterrey in the quarterfinals. Explain It To Me Like I'm...

Zohran Mamdani, a democratic socialist and winner of the New York City Democratic primary for mayor, has responded defiantly to President Donald Trump's threats of arrest and citizenship revocation, stating he will not be intimidated. Mamdani emphasized that voters will reject Trump's support for current Mayor Eric Adams in the upcoming election. Explain It To Me Like I'm 5: Zohran Mamdani, who just won the Democratic primary for mayor of New York City, bravely responded...

Bobby Vylan, a rapper from the British duo Bob Vylan, sparked controversy at the Glastonbury Festival by leading the audience in chants against the Israeli Defense Forces, prompting a police investigation for hate speech. The BBC, criticized for airing the performance, expressed regret and initiated a review, while the band clarified their stance against violence towards any group. Explain It To Me Like I'm 5: At the Glastonbury Festival, rapper Bobby Vylan sparked controversy by...

French Prime Minister Francois Bayrou urged Algeria to pardon imprisoned writer Boualem Sansal after an Algerian court upheld his five-year sentence for undermining national unity. Sansal, a dual French-Algerian citizen and critic of both Algeria’s government and Islamism, has been incarcerated since November and is reportedly suffering from prostate cancer. Explain It To Me Like I'm 5: Summary France's prime minister is asking Algeria to let a sick writer, Boualem Sansal, out of prison after...

The jury in Sean "Diddy" Combs' federal sex trafficking and racketeering trial reached a partial verdict, agreeing on four out of five counts but needing further deliberation on the racketeering conspiracy charge. Combs faces serious allegations, including sex trafficking and transportation for prostitution, with testimonies revealing a history of abuse; he has pleaded not guilty and opted not to testify. Explain It To Me Like I'm 5: Sean "Diddy" Combs is on trial for serious...