
Gold Edges Higher as Trade War Concerns Boost Support for Havens
Bullion ticked up to about $3,330 an ounce after closing 0.6% lower on Tuesday. Trump said he had reached a deal with Indonesia, imposing 19% tariff on country. The president also said levies on pharmaceuticals were likely as soon as the end of the month, while rates on semiconductors were also looming. Meanwhile, the US opened an investigation into Brazil about its 'unfair' trade practices.
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Yahoo
6 minutes ago
- Yahoo
Donald Trump gloats over Late Show with Stephen Colbert axe
Donald Trump "absolutely loves" that The Late Show with Stephen Colbert has been cancelled. The 61-year-old presenter confirmed that CBS has pulled the plug on his nightly talk show on Thursday (17.07.25), with the final episode set to air in May, and the US president has weighed in on the news, admitting he is delighted that Stephen - who has hosted the programme since 2015 - has been "fired". Trump also couldn't resist taking swipes at two other talk show hosts, Jimmy Kimmel and Jimmy Fallon. He wrote on Truth Social: 'I absolutely love that Colbert got fired. 'His talent was even less than his ratings. I hear Jimmy Kimmel is next. Has even less talent than Colbert! "[Fox News late night host] Greg Gutfeld is better than all of them combined, including the Moron on NBC who ruined the once great Tonight Show.' Kimmel has offered support to Stephen in the wake of the cancellation. He wrote on Instagram: 'Love you Stephen. F*** you and all your Sheldons CBS.' And The Tonight Show host Fallon was "shocked" by the news. He wrote on Instagram: "I'm just as shocked as everyone. Stephen is one of the sharpest, funniest hosts to ever do it. I really thought I'd ride this out with him for years to come. I'm sad that my family and friends will need a new show to watch every night at 11:30. But honestly, he's really been a gentleman and a true friend over the years — going back to The Colbert Report, and I'm sure whatever he does next will be just as brilliant." Late Night host Seth Meyers has also expressed his support for Stephen. He said on Instagram: "For as great a comedian and host he is, Stephen Colbert is an even better person. I'm going to miss having him on TV every night but I'm excited he can no longer use the excuse that he's 'too busy to hang out' with me." Stephen announced the axing of The Late Show on Thursday. He said: "Before we start the show, I want to let you know something that I found out just last night. Next year will be our last season, the network will be ending The Late Show in May." Stephen - who replaced David Letterman at the helm in 2015 - added: "I'm not being replaced. This is all just going away. I do want to say that the folks at CBS have been great partners … And I'm grateful to the audience, you, who have joined us every night, in here, out there, and all around the world. "I am extraordinarily, deeply grateful to the 200 people who work here. We get to do this show. We get to do this show for each other every day, all day, and I've had the pleasure and the responsibility of sharing what we do every day with you in front of this camera for the last 10 years."


Fast Company
8 minutes ago
- Fast Company
Why business schools need to teach character development
Programs to help students discern their vocation or calling are gaining prominence in higher education. According to a 2019 Bates/Gallup poll, 80% of college graduates want a sense of purpose from their work. In addition, a 2023 survey found that 50% of Generation Z and millennial employees in the U.K. and U.S. have resigned from a job because the values of the company did not align with their own. These sentiments are also found in today's business school students, as Gen Z is demanding that course content reflect the changes in society, from diversity and inclusion to sustainability and poverty. According to the Financial Times, 'there may never have been a more demanding cohort.' And yet, business schools have been slower than other schools to respond, leading to calls ranging from transforming business education to demolishing it. What are business schools creating? 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CNN
8 minutes ago
- CNN
How Trump's trade tariffs could affect the cost of coffee in the US – visualized
America's love for coffee has made the dark brewed beverage the most popular drink in the country. US adults drink 516 million cups of coffee every day, even though coffee prices have almost doubled in the past five years. The United States is the largest importer of coffee in the world, and its biggest supplier is Brazil. Earlier this month, US President Donald Trump threatened to impose 50% tariffs on Brazilian goods if President Luiz Inácio Lula da Silva continued a legal inquiry on former Brazilian leader Jair Bolsonaro. Here's a look at the value of the coffee trade, US coffee-drinking habits and why your cup of coffee could be more expensive very soon, if Trump goes ahead with his latest tariff plan.