Wall Street falls; losses wipe out post-election gains for S&P 500

Stock Market Surge Following Trump’s Trade CommentsStock futures rose sharply after President Trump declared he would not remove Federal Reserve Chair Jerome Powell and hinted at easing trade tensions with China. As of 8 a.m. EST, Dow futures were up 660 points (1.7%), with significant gains in S&P 500 and Nasdaq futures, driven by positive investor sentiment following Trump's remarks on reducing tariffs and Treasury Secretary Scott Bessent's view on de-escalating the trade war. Despite...

James Osgood, a 55-year-old inmate on Alabama's death row, is set to be executed by lethal injection on Thursday, having abandoned his appeals due to his belief in an "eye for an eye" and acknowledgment of his guilt in the 2010 murder of Tracy Lynn Brown. He expressed regret for his actions and does not wish to be associated with anti-death penalty protests, stating he prefers to complete his sentence rather than continue living in...

According to a study by Allianz Life, 64% of Americans aged 25 and older are more fearful of running out of money in retirement than dying, driven by inflation, taxes, and concerns about Social Security benefits. The study highlights that Gen Xers, facing imminent retirement, are the most worried, with 70% expressing concern, while the average American believes they need $1.26 million for a comfortable retirement, significantly higher than the median retirement savings of $87,000....

Cicadas, specifically Brood XIV, are set to emerge in spring 2025 across the eastern United States, with billions expected in areas like Kentucky and Tennessee. This brood, which appears every 17 years, will be the only group this spring, resulting in fewer cicadas compared to 2024. They will emerge when the soil temperature rises, typically from late April to early June, and will remain above ground for about 4 to 6 weeks, creating loud buzzing...

IMF Report on US EconomyThe International Monetary Fund (IMF) has revised its forecast for the US economy, predicting a slowdown in growth to 1.8% this year, down from 2.7% estimated in January, attributed in part to President Donald Trump's global tariffs. This downward adjustment reflects concerns over slower economic expansion and rising prices. The BBC's Michelle Fleury highlights three key factors influencing the IMF's revised predictions, underscoring the potential impact of trade policies on economic...

Lithos Carbon, a Seattle-based carbon removal company, is utilizing enhanced rock weathering by repurposing mining waste like basalt and limestone dust to capture carbon dioxide and improve agricultural efficiency. This innovative process accelerates the natural carbon absorption that typically takes thousands of years, allowing farmers to apply the dust over their fields to enhance soil health and crop yields while removing up to 1 billion tons of CO2 annually. By integrating sustainable practices, Lithos aims...