NIH funding pause affects Alzheimer's studies
The National Institutes of Health halted funding for 14 out of 35 Alzheimer's disease research centers in the United States. CNN's Jacqueline Howard explains how that decision has left researchers and patients in a state of uncertainty.
01:35 - Source: CNN
Automated CNN Shorts 11 videos
NIH funding pause affects Alzheimer's studies
The National Institutes of Health halted funding for 14 out of 35 Alzheimer's disease research centers in the United States. CNN's Jacqueline Howard explains how that decision has left researchers and patients in a state of uncertainty.
01:35 - Source: CNN
Former NFL star is next 'Golden Bachelor'
"The Golden Bachelor" has announced its second-ever contestant: former NFL player Mel Owens. CNN's Elizabeth Wagmeister explains what we know about the NFL star. 'The Golden Bachelor' is produced by Warner Bros. Unscripted Television, which shares the same parent company as CNN.
01:26 - Source: CNN
Key evidence in Karen Read trial
Karen Read, who is accused of causing the death of her Boston police officer boyfriend, is being retried in Massachusetts. Read has been charged with second-degree murder, manslaughter and leaving the scene. A mistrial was declared last year after jurors said they were at an impasse. CNN's Jean Casarez breaks down key evidence.
01:33 - Source: CNN
He bought gold at Costco. He's not cashing in yet
With gold prices touching record highs recently, some buyers of Costco gold bars are sharing their love of bullion on social media. But one gold bug tells us he's planning to be a lifelong investor in the precious metal.
01:58 - Source: CNN
Analysis: Trump is in a crisis of his own making
Trump tells President Vladimir Putin to stop after Russia launched its deadliest wave of attacks on Kyiv in nine months. This comes days after Trump said the US would walk out on efforts to make a peace deal in Ukraine if it didn't see progress. CNN's Nick Paton Walsh breaks down the latest.
01:03 - Source: CNN
Earth week ends with a smiling face in the sky
Just before sunrise on Friday, April 25, US stargazers can find a celestial "smiley face" along the eastern horizon as a waning crescent moon aligns with Venus and Saturn.
00:50 - Source: CNN
Scientists discover car inside sunken WWII warship
NOAA researchers discovered a 1940s Ford Super Deluxe "Woody" inside the sunken USS Yorktown, a famed WWII aircraft carrier lost during the Battle of Midway.
00:42 - Source: CNN
Reporter details Musk-Bessent shouting match in White House
Axios reporter Marc Caputo reports that Treasury Secretary Scott Bessent and Elon Musk got into a heated argument in the West Wing.
01:21 - Source: CNN
CNN goes inside basilica where Pope Francis lies in state
Long lines stretch across the Vatican as thousands of mourners await their turn to pay respects to Pope Francis, whose body is lying in state in St. Peter's Basilica. CNN's Clarissa Ward details what it was like inside the basilica.
01:15 - Source: CNN
CEO warns about Trump's tariffs
Citadel CEO Ken Griffin, a billionaire supporter of President Donald Trump and a megadonor to Republican candidates, had some unusually harsh words for the president about his trade war.
01:18 - Source: CNN
100 days of Trump's economy
Uncertainty and fear around President Donald Trump's tariff policies have turned global markets on their head. CNN's Phil Mattingly looks at how American consumers are feeling about Trump's economy as he nears the 100 day mark in office.
02:59 - Source: CNN
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San Francisco Chronicle
7 minutes ago
- San Francisco Chronicle
Nexstar Media Group buying Tegna in deal worth $6.2 billion
Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings. The transaction, if approved, will bring together two major players in U.S. television and the country's local news landscape. Nexstar oversees more than 200 owned and partner stations in 116 markets nationwide today and also runs networks like The CW and NewsNation. Meanwhile, Tegna owns 64 news stations across 51 markets. 'The initiatives being pursued by the Trump administration offer local broadcasters the opportunity to expand reach, level the playing field, and compete more effectively with the Big Tech and legacy Big Media companies that have unchecked reach and vast financial resources," Nexstar Chairman and CEO Perry Sook said in a statement on Tuesday. 'We believe Tegna represents the best option for Nexstar to act on this opportunity.' Nexstar said Tuesday that the deal will also help it give advertisers a bigger variety of local and national broadcast and digital advertising options. Nexstar will pay $22 in cash for each share of Tegna's outstanding stock. The deal could potentially help kick off even further consolidation in America's broadcast industry. Nexstar, founded in 1996, has itself grow substantially with acquisitions over the latest two decades, becoming the biggest operator of local TV stations in the U.S. after it purchased Tribune Media back in 2019. Nexstar's purchase of Tegna also arrives amid wider regulatory shifts. Brendan Carr, the Trump-appointed chairman the Federal Communications Commission, which will need to give the transaction the green light, has long advocated for loosening industry restrictions. On Aug. 7, the FCC announced that it would be repealing 98 broadcast rules and requirements that it identified as 'obsolete, outdated, or unnecessary.' Some of those rules date back nearly 50 years, the FCC said, and apply to 'old technology that is no longer used." Carr maintained that such provisions no longer serve public interest. In late July, the U.S. Court of Appeals for the Eighth Circuit also vacated the FCC's 'top four' rule, which has long prohibited ownership of more than one of the top four stations in a single market. The ruling is still subject to a monthslong assessment by the FCC, but could significantly clear the way for future mergers in the industry. In company earnings calls held in early August, before Tegna and Nexstar publicly confirmed merger talks, both Tegna CEO Michael Steib and Nexstar's Sook pointed directly to this ruling, and applauded Carr's deregulation agenda as a whole. 'We believe that deregulation is necessary, important and coming,' Steib said in Tegna's Aug. 7 call, noting that local broadcasters are 'up against big tech competitors who have absolutely no encumbrances in how they compete." Beyond their core broadcast TV businesses, both Nexstar and Tegna also boast digital news, mobile app and streaming offerings, all of which have played key roles for the industry as consumers change the way they consume news and other entertainment. Broadcast TV has been hit particularly hard by 'cord-cutting,' with more and more households trading their cable or satellite subscriptions into content they can get via the internet.
Newsweek
9 minutes ago
- Newsweek
Map Shows States With the Highest—and Lowest—Gas Prices
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. While fuel costs vary widely from state to state, with some enjoying far more favorable prices at the pump, recent successive declines have pushed nationwide averages to multiyear lows. According to the American Automobile Association (AAA), average gas prices for regular fuel were $3.13 on Tuesday, down from $3.41 this time last year and a record high $5.02 in June 2022. Meanwhile, the latest data from MarketWatch shows that crude oil prices have also fallen to $62.81 per barrel, down from $74.37 this time last year. Why It Matters Declining fuel prices could represent a major political win for President Donald Trump, who pledged during his campaign to lower energy costs for Americans and has signed several executive orders since returning to office with the goal of "unleashing" America's energy independence. What To Know According to the AAA, California has the highest average gas prices of any state at $4.49 per gallon, well over a dollar more than the national average. Regular prices have fallen from $4.60 in August 2024, though diesel prices have risen to $5.12 from $4.93 over the same period. California consistently ranks among the most expensive states when it comes to paying at the pump. The U.S. Energy Information Administration (EIA), the government's official statistical agency for energy, has attributed this to a combination of "state taxes and fees, environmental requirements, special fuel requirements, and isolated petroleum markets." California is followed by Hawaii and Washington at $4.46 and $4.40, respectively. This marks a 20-cent decline for the former and an equal increase for the latter. At the opposite end of the spectrum, Southern states tend to benefit from much lower average gas prices. Oklahoma is bottom of the list at $2.67 a gallon, followed by Mississippi and Louisiana at $2.69 and $2.73, respectively. Declining gas prices helped temper the Consumer Price Index (CPI) for July, which the Bureau of Labor Statistics released last week. The CPI increased by a seasonally adjusted 0.2 over the month—following a 0.3 percent gain in June—and was up 2.7 percent on a 12-month basis. However, the energy index dropped 1.1 percent as the gasoline index fell 2.2 percent from June. The latter is down 9.5 percent over the past year. What People Are Saying Robert McNally, the founder and president of Rapidan Energy Group, told The New York Times that falling fuel costs were "like a dream come true for President Trump." He added: "For American consumers, it's like a visible tax cut. You see it every day, even if you're not tanking up that day." Trump said in a campaign speech at the Economic Club of New York in September: "Within 12 months of taking office, it will be an economic revival of our country like no one has ever seen before. Energy was what caused our problem initially. Energy is going to bring us back. That means we're going down and getting gasoline below $2 a gallon." What Happens Next According to the EIA, energy costs are expected to fall further into 2026. Last week, the agency lowered its forecasts for average brent crude prices next year to an average of $51 per barrel, down from its July forecast of $58. Last month, Patrick De Haan, GasBuddy's head of petroleum analysis, told Reuters that the national average gas price had a "good chance of falling below $3 per gallon in September."
Yahoo
11 minutes ago
- Yahoo
Rupee ends higher alongside local equities; premiums, volatility flat
By Nimesh Vora MUMBAI (Reuters) - The Indian rupee rose on Monday, boosted by the rally in local equities on Prime Minister Narendra Modi's planned tax cuts, while forward premiums and volatility expectations barely budged following the Trump-Putin meeting. The rupee settled at 87.35 per U.S. dollar, up 0.23% from 87.55 in the previous session, rising in tandem with local shares. The Nifty 50 rose 1% - the biggest single-day percentage gain since June 26, 2025 - to 24,876.95 points and the BSE Sensex gained 0.84% to 81,273.75. New Delhi will propose a two-rate structure of 5% and 18%, doing away with the 12% and 28% tax that was imposed on some items, a government official said on Friday, after Modi announced the reforms. The tax cuts are expected to boost consumption in India's economy, with steep U.S. tariffs threatening economic growth, dragging the rupee and dampening the foreign investor appetite for local equities. The tax cuts, coupled with faint hopes of progress on a Russia–Ukraine deal, could encourage foreign investors back into Indian equities, lending support to the rupee, traders said. Following his meeting with Russian leader Vladimir Putin, U.S. President Donald Trump is pressing for a Russia-Ukraine deal. Ukraine's Volodymyr Zelenskiy flies to Washington on Monday for meeting Trump. Any tangible progress would likely be taken as a boost for the rupee, traders say, as it could improve the odds that Trump might reverse the additional 25% tariffs on Indian goods for purchase of Russian oil, currently scheduled to take effect on Aug. 27. The rupee's near-term outlook remains tethered to how U.S.–India trade relations shape up, Kunal Kurani, vice president at FX risk advisory firm Mecklai Financial, said. For now, he is advising his importer clients to hedge on dips on the dollar/rupee pair. Meanwhile, the dollar/rupee forward premiums and volatility expectations barely moved in response to the Trump–Putin meeting over the weekend, in line with the mostly muted reaction seen across Asian markets. Sign in to access your portfolio
