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[ad_1] Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump’s latest trade threats pushed the dollar to its lowest level in three years on Thursday as rising worries over trade and geopolitics piled fresh pressure on the currency.The dollar was dragged lower after the US president told reporters he would send letters to trading partners outlining new tariff rates in the next couple of weeks, as the end of the 90-day pause on so-called “reciprocal” levies approaches next month. The greenback fell 0.8 per cent against a…

[ad_1] This as-told-to essay is based on a conversation with Donald King, a former PwC consultant in New York who founded AMDK, a marketing startup. King’s employment has been verified with documents. It has been edited for length and clarity.Getting laid off from PwC was the best thing that ever happened to me. But at the time, it felt like my world was crumbling away.I was 25 and had been a technology consultant at the firm since 2021.When I got the ax, I was working in the PwC AI factory, building AI agents for enterprises. It was the hardest eight…

[ad_1] New York CNN  —  From beer to fast food, nothing is safe from pickles. And now, the sweet and sour taste is entering a new frontier: Ramen. Intant ramen maker Cup Noodles is releasing a new dill pickle version, which combines the flavors of the noodles with the tangy and sour taste of a pickle all in a microwavable cup. The company hopes to capitalize on the pickle trend that’s taken over social media and attracted curious consumers. “Dill pickle is having a moment, especially with Gen Z and the young millennial audience,” said Priscila Stanton, senior vice president…

[ad_1] It’s looking likely that Conagra Brands will take a hit from rising inflation, according to Bank of America. The bank downgraded the food and consumer packaged goods company to an underperform rating from neutral. Simultaneously, analyst Peter Galbo cut his price objective to $20 from $27. Shares of Conagra Brands have stumbled 19% this year. Galbo’s updated forecast corresponds to a roughly 11% downside from the stock’s Wednesday closing price. CAG YTD mountain CAG YTD chart Conagra, which owns brands such as Marie Callender’s, Hunt’s, Slim Jim, Reddi-wip and Orvelle Redenbacher’s, is likely to see an upcoming earnings hit…

[ad_1] CNN  —  Richard Nixon tried. Ronald Reagan tried. President Donald Trump tried during his first term in office. All three Republican presidents wanted to strip taxpayer support for PBS and NPR stations. But all three men were stymied by Congress. This time, however, might be different. Trump, emboldened in his second term, sent a package of spending cuts to Capitol Hill earlier this month, and the House of Representatives is expected to vote on the measure Thursday afternoon. The bill, known on Capitol Hill as a “rescissions” proposal, is the closest NPR and PBS have ever come to a…

[ad_1] Afreximbank, a pan-African trade finance institution, has accused rating agency Fitch of giving an “erroneous view” on its exposure to potential losses, as the lender faces pressure over whether it fully disclosed the riskiness of loans made to Ghana and other cash-strapped nations.Fitch Ratings last week said that the Cairo-based multilateral lender was at risk of suffering losses on an estimated $2bn in loans to Ghana, Zambia, Malawi and South Sudan, if it was not treated as a preferred creditor. It added that the bank had “weak risk management policies”, used “flexibilities” allowed by accounting standards to mark loans…

[ad_1] Meta has sued the maker of a popular AI “nudify” app, Crush AI, that reportedly ran thousands of ads across Meta’s platforms. In addition to the lawsuit, Meta says it’s taking new measures to crack down on other apps like Crush AI. In a lawsuit filed in Hong Kong, Meta alleged Joy Timeline HK, the entity behind Crush AI, attempted to circumvent the company’s review process to distribute ads for AI nudify services. Meta said in a blog post that it repeatedly removed ads by the entity for violating its policies, but claims Joy Timeline HK continued to place…

[ad_1] Bank of America is betting on DoorDash to add to its massive gains this year. The bank reiterated its buy rating on the food delivery app and raised its price target to $245 per share from $230. Analyst Michael McGovern’s renewed forecast implies that shares of DoorDash could rally 12% from their Wednesday closing price. DoorDash stock has already surged 30% in 2025. DASH YTD mountain DASH YTD chart As a key catalyst, McGovern zeroed in on advertisements as a major source of margin growth. “Today, DASH announced its ‘most significant update to its advertising platform to date,’ with…

[ad_1] New York CNN  —  Meta is suing the Hong Kong-based maker of the app CrushAI, a platform capable of creating sexually explicit deepfakes, claiming that it repeatedly circumvented the social media company’s rules to purchase ads. The suit is part of what Meta (META) described as a wider effort to crack down on so-called “nudifying” apps — which allow users to create nude or sexualized images from a photo of someone’s face, even without their consent — following claims that the social media giant was failing to adequately address ads for those services on its platforms. As of February,…

[ad_1] New York CNN  —  Standard, boring bond auctions are drawing the attention of investors around the globe. The Treasury Department on Thursday will sell $22 billion worth of 30-year government bonds, in what will serve as a gauge of investors’ appetite for US debt. All eyes are on whether there is weak demand, particularly from foreign investors. The Treasury auction, which is a regularly scheduled event, has become a closely watched barometer for how Wall Street is feeling about the Trump administration’s policy agenda. A poor auction could reignite jitters about America’s debt burden, President Donald Trump’s “One Big,…