Video: How businesses are waiting out tariffs
With Trump's new tariffs in place on products from countries like China, many businesses are looking at bonded warehouses as a way to legally avoid paying the extra dues for now. CNN's Julia Vargas Jones explains how they work.
01:01 - Source: CNN
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How businesses are waiting out tariffs
With Trump's new tariffs in place on products from countries like China, many businesses are looking at bonded warehouses as a way to legally avoid paying the extra dues for now. CNN's Julia Vargas Jones explains how they work.
01:01 - Source: CNN
Hundreds of dachshunds gather in Hungary in record breaking attempt
In Hungary, dachshunds and their owners gathered in an attempt to break the record of biggest ever dog walk – a record previously set at 897 by the German city of Regensburg. The Hungarian Records of Association tallied the dogs as they walked through the street with their owners.
00:41 - Source: CNN
Bored at the airport? For these travelers, it's showtime!
Dancer and choreographer Blake McGrath felt the urge to whip out a dance combo while waiting for his flight at Dallas-Fort Worth International. The flight left without him, but when he uploaded the video to TikTok, it quickly went viral and eventually grabbed over 6.7 million views.
01:41 - Source: CNN
'Where's my camera?': Astronaut shares wondrous views from space
NASA astronaut Don Pettit describes his love for photography and the images he took in his first press conference since returning from his fourth mission to space.
00:48 - Source: CNN
Shedeur Sanders target of NFL draft prank call
During the NFL draft, Shedeur Sanders, one of football's biggest draft prospects, received a call saying he was picked up by the New Orleans Saints, but the call turned out to be a prank. Sanders was later selected by the Cleveland Browns as the 144th overall pick in the fifth round.
01:15 - Source: CNN
Robotics team overcomes wildfire destruction to reach world championships
After the Palisades Fire destroyed their school and robotics lab, 4th and 5th graders from Marquez Charter Elementary School rebuilt their robots—and their hope—to compete on the world stage.
01:05 - 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
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
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
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Yahoo
25 minutes ago
- Yahoo
Asian stocks slip from highs, dollar gains as markets brace for crucial week
By Kevin Buckland TOKYO (Reuters) -Asian shares eased from highs on Friday, with Japanese markets retreating from a record peak, as investors locked in profits ahead of a crucial week that includes U.S. President Donald Trump's tariff deadline and a host of central bank meetings. The dollar gained against the yen after bouncing off a two-week low on Thursday, helped by some firm U.S. economic data, while Japan's currency was weighed down by political uncertainty amid media reports Prime Minister Shigeru Ishiba will step down. Benchmark Japanese government bond yields hovered just below the highest since 2008. Japan's broad Topix index, which had jumped more than 5% over the previous two sessions to reach an all-time high, pulled back 0.7%. The Nikkei slipped 0.5% from Thursday's one-year high. Hong Kong's Hang Seng lost 0.5% and mainland Chinese blue chips declined 0.2%. Australia's equity benchmark declined 0.5%. At the same time, U.S. S&P 500 futures added 0.2%, after the cash index edged up slightly to a new record closing high overnight, buoyed by robust earnings from Google parent Alphabet. The tech-heavy Nasdaq also marked a record high. MSCI's gauge of stocks across the globe edged down 0.1%, but remained just below an all-time peak from Thursday. The index is on course for a 1.3% weekly advance, buoyed in large part by optimism for U.S. trade deals with the European Union and China, following an agreement with Japan this week. Next week, in the U.S. alone, investors need to contend with Trump's August 1 deadline for trade deals, a Federal Reserve policy meeting, the closely watched monthly payrolls report, and earnings from the likes of Amazon, Apple, Meta and Microsoft. The Bank of Japan has its own policy announcement on Thursday, and Prime Minister Ishiba's Liberal Democratic Party holds a meeting the same day. That's after the European Central Bank held rates steady on Thursday, pausing its easing campaign as it waits to assess any impact from U.S. tariffs. The euro ended the session down 0.2% against a buoyant dollar, and was little changed on Friday at $1.1743. The U.S. currency advanced 0.3% to 147.37 yen, adding to Thursday's 0.4% gain. Trump kept the pressure on Fed Chair Jerome Powell to cut rates after a rare presidential visit to the central bank on Thursday, although he said he did not intend to fire Powell, as he has frequently suggested he would. U.S. 10-year Treasury yields edged down to 4.39% on Friday, effectively erasing an advance on Thursday. [US/] Equivalent Japanese government bond yields eased 0.5 basis point to 1.595%, just off this week's high of 1.6%, a level last seen in October 2008. JGB yields have been rising on concerns the political scale is tilting more towards fiscal stimulus, after big gains for opposition parties backing consumption tax cuts in Sunday's upper house election. Pressure is building on the more fiscally hawkish Ishiba to quit after his coalition lost its majority in the vote, after doing the same in lower house elections last October. Gold was flat at around $3,368 per ounce, keeping it on course for a 0.5% rise this week. Brent crude futures gained 0.3% to $69.35 a barrel, while U.S. West Texas Intermediate crude futures added 0.2% to $66.18 per barrel. [O/R] Sign in to access your portfolio
Yahoo
25 minutes ago
- Yahoo
Is Energy Action Limited (ASX:EAX) A High Quality Stock To Own?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Energy Action Limited (ASX:EAX). ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. How Do You Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Energy Action is: 33% = AU$1.1m ÷ AU$3.3m (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every A$1 worth of shareholders' equity, the company generated A$0.33 in profit. Check out our latest analysis for Energy Action Does Energy Action Have A Good ROE? One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. As is clear from the image below, Energy Action has a better ROE than the average (20%) in the Professional Services industry. That's what we like to see. However, bear in mind that a high ROE doesn't necessarily indicate efficient profit generation. A higher proportion of debt in a company's capital structure may also result in a high ROE, where the high debt levels could be a huge risk . To know the 4 risks we have identified for Energy Action visit our risks dashboard for free. How Does Debt Impact Return On Equity? Companies usually need to invest money to grow their profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the debt used for growth will improve returns, but won't affect the total equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. Combining Energy Action's Debt And Its 33% Return On Equity It's worth noting the high use of debt by Energy Action, leading to its debt to equity ratio of 1.19. While no doubt that its ROE is impressive, we would have been even more impressed had the company achieved this with lower debt. Debt increases risk and reduces options for the company in the future, so you generally want to see some good returns from using it. Summary Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. In our books, the highest quality companies have high return on equity, despite low debt. All else being equal, a higher ROE is better. Having said that, while ROE is a useful indicator of business quality, you'll have to look at a whole range of factors to determine the right price to buy a stock. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. Check the past profit growth by Energy Action by looking at this visualization of past earnings, revenue and cash flow. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
26 minutes ago
- USA Today
The White House is feuding with ‘The View.' Here's why.
From late-night show hosts to the animated sitcom South Park, the feud between President Donald Trump and the entertainment industry shows no signs of slowing down. Now the administration finds itself in a dispute with ABC's 'The View' after a White House spokesperson suggested the long-time talk show could be coming to an end. The comment comes after CBS canceled late-night comedy 'The Late Show with Stephen Colbert' after 33 years, a decision Trump celebrated on social media. During a July 23 episode, co-host Joy Behar said Trump is jealous of former President Barack Obama because 'Obama is everything that he is not.' She added that, unlike Trump, Obama is 'trim, smart, handsome, happily married, and can sing Al Green's song 'Let's Stay Together' better than Al Green. And Trump cannot stand it. It's driving him crazy.' Following the dig, White House Assistant Press Secretary Taylor Rogers referred to Behar as 'an irrelevant loser suffering from a severe case of Trump Derangement Syndrome.' 'It's no surprise that The View's ratings hit an all-time low last year. She should self-reflect on her own jealousy of President Trump's historic popularity before her show is the next to be pulled off air,' Rogers said in a statement. USA TODAY has reached out to representatives of 'The View' for comment on Rogers' statement. When asked for a comment on behalf of Behar, her manager Bill Stankey told USA TODAY, 'On behalf of me……..Release the Epstein files.' In May, Attorney General Pam Bondi had reportedly told Trump that his name appears several times throughout the criminal case files on the late financier and convicted sex offender Epstein, according to CNN and the Wall Street Journal. How did this start? The latest tension between the White House and 'The View' started after an Oval Office meeting with Philippines President Ferdinand Marcos on July 22, when Trump accused Obama of treason. The president called the Democrat a 'ringleader,' adding that his actions were 'seditious.' Later that day, Obama addressed a July 18 report from the Office of the Director of National Intelligence that claimed the former president 'manufactured and politicized intelligence to lay the groundwork for what was essentially a years-long coup' against Trump's presidential victory against former Secretary of State Hillary Clinton in 2016. Obama also said he supported the U.S. intelligence community's conclusion that Russia tried to influence the 2016 election. He dismissed the allegations against him, calling them the typical 'nonsense and misinformation' emerging from the Trump White House. On the next morning's episode of 'The View,' Behar defended Obama with a sly remark against Trump regarding the Capitol insurrection on Jan. 6, 2021. 'First of all, who tried to overthrow the government on Jan. 6? Who was that again? That was not Obama,' she quipped. Late-night talk show hosts also make jabs at Trump Before the beef with Behar, Trump was at odds with his usual late-night foes, starting with Colbert, who during a July 17 episode announced that 'The Late Show' would be ending in May 2026. 'I absolutely love that Colbert' got fired. His talent was even less than his ratings,' Trump wrote on Truth Social July 18. He later made a jab at ABC's Jimmy Kimmel, insinuating that his show would be the next to end and that he 'has even less talent than Colbert.' Kicking off his July 21 episode monologue, Colbert asked, 'How dare you, sir?' 'Would an untalented man be able to compose the following satirical witticism? Go (expletive) yourself,' Colbert said. Trump fired back on a July 22 Truth Social post, writing: 'The word is, and it's a strong word at that, Jimmy Kimmel is NEXT to go in the untalented Late Night Sweepstakes and, shortly thereafter, (Jimmy) Fallon will be gone.' 'These are people with absolutely NO TALENT, who were paid Millions of Dollars for, in all cases, destroying what used to be GREAT Television. It's really good to see them go, and I hope I played a major part in it!' the president wrote. Fallon's show is slated to continue until at least the end of 2028 when his contract with NBCUniversal ends. In 2022, Kimmel extended his contract through his show's current 23rd season. Contributing: KiMi Robinson, USA TODAY
