

Pinterest shares dropped significantly by 19% in after-hours trading after the social media company reported fourth-quarter earnings that missed analyst expectations for both EPS and revenue, while also providing weak guidance for the first quarter. This marks the second consecutive quarter the company has experienced a substantial value decline following disappointing Wall Street results. Despite a positive 12% year-over-year jump in global monthly active users to 619 million, the company's net income for the fourth quarter fell sharply by 85% from a year prior. Pinterest plans to address challenges by implementing layoffs and shifting resources towards the development of AI-powered products and capabilities. (not investment advice)
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CNBCTwo individuals sustained minor injuries after a U.S. destroyer, the USS Truxtun, and a supply ship, the USNS Supply, collided in the Caribbean Sea on Wednesday. The incident occurred during a complex replenishment-at-sea operation, where the USNS Supply was positioned between the USS Truxtun and the USS Gettysburg. U.S. Southern Command confirmed that both personnel reported minor injuries and are in stable condition, with both ships sailing safely post-collision. The event, which is currently under investigation, is the first known mishap in the Caribbean since the Navy increased its presence there as part of a Pentagon initiative to counter narcotics.
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CBS NewsRivian Automotive surpassed Wall Street's fourth-quarter expectations, reporting a smaller loss per share and higher revenue than anticipated. The electric vehicle manufacturer also announced a target to significantly increase vehicle deliveries this year, aiming for 62,000 to 67,000 units, a 47% to 59% increase from 2025. However, the article notes that Rivian expects to continue losing money, projecting adjusted losses between $1.8 billion and $2.1 billion for 2026, as it invests heavily in the launch of its crucial R2 next-generation vehicle. The company achieved a gross profit, partially driven by a software and services joint venture with Volkswagen. (not investment advice)
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CNBCShares of Airbnb sank 3% in extended trading on Thursday after the company reported fourth-quarter results that missed analysts' earnings expectations, despite beating on revenue. Airbnb's net income declined to $341 million, attributed to non-income tax matters and planned investments in new growth and policy initiatives. The company's revenue, however, increased by 12% to $2.78 billion, marking its 20th revenue beat in 21 quarters. Airbnb reported 121.9 million nights and seats booked, up 10% year-over-year, and a 16% rise in gross booking value. For the current period, Airbnb expects revenue between $2.59 billion and $2.63 billion, surpassing analyst forecasts. (not investment advice)
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CNBCA community support group in Highland Park, Los Angeles, is actively crowdfunding to acquire and install air raid sirens designed to warn residents and business owners about the presence of federal immigration authorities (ICE). The group's founder, Amanda Alcalde, stated the initiative aims to provide shelter and alleviate fear among ethnic minorities in the area, noting a significant change in their daily routines. Inspired by anti-ICE agitators in Minneapolis, organizers are collaborating with homeowners and businesses to place the sirens on private property. This local effort underscores a broader movement for community protection against immigration enforcement.
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Fox NewsThe United States has issued a warning to Peru, suggesting the nation risks eroding its sovereignty after a court ruling limited state oversight of the Chinese-controlled Chancay megaport. The $1.3 billion deep-water facility, majority-owned by China's Cosco Shipping Ports, is located north of Lima and has the capacity to handle one million containers annually. Washington, via the US State Department, expressed concern that "cheap Chinese money costs sovereignty," framing it as a cautionary tale for the region. This dispute highlights escalating geopolitical tensions between the US and China over strategic infrastructure in South America.
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South China Morning PostCisco Systems shares closed 12% lower, marking their worst day since 2022, as the networking company grapples with rising memory prices that are pressuring its profit margins. The global shortage of memory, driven by strong demand for AI chips from companies like Nvidia, has caused component costs to skyrocket, impacting various tech sectors. Cisco CEO Chuck Robbins announced plans to counter these cost increases by raising prices, revising contracts, and negotiating new terms with suppliers. Despite reporting better-than-expected quarterly results, the company's mediocre forecast contributed to the substantial stock drop. (not investment advice)
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CNBCFedEx outlined ambitious projections for revenue growth over the next three fiscal years, driven by strategic digital innovation and expansion into new business lines in Europe. The company anticipates its adjusted earnings for the third quarter will exceed Wall Street estimates, attributing this success to an "exceptional" holiday season. FedEx is targeting approximately $98 billion in consolidated revenue by fiscal year 2029, excluding its freight business which is set for a spin-off. CEO Raj Subramaniam emphasized the company's significant investments in automation and the recent agreement to acquire European firm InPost as key drivers for its transformation and projected 8% operating margin. (not investment advice)
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CNBCU.S. downhill skiing champion Breezy Johnson, already a 2026 Winter Olympics gold medalist, crashed out of contention in the women's Super-G race in Cortina d'Ampezzo, Italy. Despite the race setback, a joyous moment unfolded at the bottom of the mountain when her boyfriend, Connor Watkins, proposed to her, and she accepted. The engagement quickly gained public attention, including a congratulatory comment from pop star Taylor Swift. Johnson had previously secured Team USA's first medal of the Games by winning gold in the women's downhill event.
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CBS NewsA significant new study published in The Lancet reveals that even short bursts of physical activity, as little as 5 to 10 minutes per day, and reducing sedentary time can lead to substantial health benefits and a lower risk of mortality. The article challenges the misconception that only intense exercise yields results, emphasizing that "every minute helps." For the most sedentary individuals, incorporating just five minutes of moderate-to-vigorous activity daily could prevent as many as 6% of deaths. The research encourages a shift from focusing solely on structured workouts to integrating more movement throughout one's daily routine, making health improvement accessible to everyone.
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VoxAn article from The Atlantic's archives delves into the "Slave Power conspiracy," a prevalent belief in the 1850s that Southern oligarchs and their Northern collaborators had seized control of the government to expand slavery. Edmund Quincy's 1857 essay, "Where Will It End?", detailed how slavery's encroachments, from the U.S.-Mexican War to violence in Kansas and Washington, transformed American politics and society. Quincy argued that the increasing stridency and violence of the "Slave Power" were, paradoxically, a sign of a growing opposition and its eventual decline. The article draws parallels between this historical period and contemporary challenges to democratic institutions.
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The AtlanticNew legally-binding government guidance for all English schools stipulates that parents must be involved in the "vast majority" of cases where a child questions their gender. The advice cautions against schools initiating steps towards social transitioning, emphasizing that such changes should occur "very rarely," particularly in primary schools, and that other support needs should be carefully considered. Endorsed by Dr. Hilary Cass's landmark review, the guidance also explicitly protects single-sex facilities and sports within schools. This update aims to provide much-needed clarity for educators on their legal duties while making a clear distinction between a child's wishes and their best interests.
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BBCTeam GB's men's curling rink, led by Bruce Mouat, solidified their status as Winter Olympic gold medal favorites with a dominant 6-3 win against Sweden in Cortina. This victory marked a significant test for the Scottish quartet, who expertly controlled the high-stakes match from its early stages. In contrast, the newly formed Team GB women's rink began their Olympic campaign with a defeat against China. The men's team's strong performance builds on their recovery from a mixed doubles medal disappointment, positioning them favorably for the upcoming semi-finals in the competition.
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BBCThe Trump administration has officially revoked the Environmental Protection Agency's 2009 endangerment finding, a cornerstone policy that classified greenhouse gases as a threat to public health and welfare. This action, described by President Trump as the "largest de-regulatory action in American history," effectively eliminates federal emissions standards for cars, light trucks, and power plants. The move aims to reduce pressure on automakers to shift towards electric vehicles. Former President Barack Obama criticized the decision, stating it makes the U.S. "less safe, less healthy and less able to fight climate change." Environmental groups, including the Sierra Club, have vowed to challenge the repeal in court.
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CNBCMarine Lance Cpl. Chukwuemeka E. Oforah, a 21-year-old infantry rifleman from Florida, has been declared dead after falling overboard from the USS Iwo Jima in the Caribbean Sea. A comprehensive 72-hour search and rescue mission involving multiple Navy ships and aircraft failed to locate him. This tragic incident marks the first known U.S. death in "Operation Southern Spear," a military initiative aimed at countering narcotics in the region. The Marine Corps announced that the circumstances surrounding Oforah's fall are currently under investigation, with Colonel Tom Trimble expressing profound grief and acknowledging the deep loss felt across the Navy-Marine Corps team.
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CBS NewsAnthropic, a leading AI startup and rival to OpenAI, has successfully closed a massive $30 billion funding round, elevating its post-money valuation to an impressive $380 billion. This substantial capital injection, led by Coatue and GIC, is earmarked for infrastructure expansion, advanced research, and continued investment in enterprise-grade AI products, such as Claude. The article highlights the immense financial demands of developing and training sophisticated AI models, driving these significant fundraising efforts among top companies in the sector. Anthropic has demonstrated early success in the enterprise market, with its annualized revenue climbing to $14 billion, reflecting robust demand for its AI solutions. (not investment advice)
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CNBCUkrainian skeleton racer Vladyslav Heraskevych was banned from the Milan Cortina Games after refusing to remove a helmet displaying images of Ukrainian athletes killed during Russia's invasion, which the International Olympic Committee (IOC) deemed a political statement. This decision ignited widespread support and solidarity across Ukraine, with citizens, soldiers, and President Volodymyr Zelenskyy posting messages like "Remembrance is not a violation." Zelenskyy subsequently awarded Heraskevych the Order of Liberty, praising his civic courage. The incident underscores the ongoing tensions between athletic expression and Olympic rules, highlighting Ukraine's efforts to maintain global awareness of the war's human cost.
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NPRImmigration and Customs Enforcement (ICE) conducted 37 investigations into officers' use of force over the past year, with 18 already closed and 19 still pending or referred for further inquiry. Acting ICE Director Todd Lyons disclosed these figures during congressional testimony, intensifying scrutiny over the agency's tactics, training, and internal oversight mechanisms. Lawmakers raised concerns about the abbreviated 42-day training curriculum for new recruits, questioning whether it adequately prepares agents for real-world scenarios involving weapons and force escalation. Critics, including former ICE personnel, worry that a lack of transparency regarding disciplinary practices further erodes public trust in federal law enforcement.
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NPRThe International Olympic Committee (IOC) is under fire for selling T-shirts in its official fan shop that feature designs from the 1936 Berlin Olympic Games, which were notoriously exploited by Adolf Hitler for Nazi propaganda. German politicians have called for the immediate cessation of sales, arguing that the imagery is highly problematic and lacks appropriate historical context. The IOC defended the merchandise as part of its "Olympic Heritage Collection," intended to celebrate 130 years of Olympic art and design, while acknowledging the sensitive historical issues surrounding the 1936 Games. The controversy highlights ongoing challenges in balancing historical preservation with sensitivity to painful pasts.
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BBCA year following the Trump administration's "DOGE cuts," which resulted in the largest reduction of the federal workforce in history, many former employees are successfully transitioning into new roles, particularly within state and local governments. Chantel Williams, a former General Services Administration employee, chose deferred resignation but quickly found a new position at Work for America, a nonprofit dedicated to helping federal workers find new opportunities. Caitlin Lewis, the founder of Work for America, stated her organization has placed nearly 200 job seekers, predominantly former federal workers, into new roles, demonstrating a significant shift of talent from Washington to other levels of government and highlighting the resilience of these individuals.
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CNBCAt 54 years old, Rich Ruohonen achieved a lifelong ambition by competing in the Winter Olympics, setting a new record as the oldest U.S. athlete to participate in the event. As an alternate for Team Casper, he finally got his moment, throwing two rocks in a match against Switzerland, breaking a record that had stood since 1932. Ruohonen, who had narrowly missed Olympic qualification numerous times over nearly four decades, expressed immense satisfaction, emphasizing that his journey proved the enduring value of perseverance. His team, Team Casper, currently holds a 1-1 record in the preliminary round.
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NPRA recent CBS News/YouGov poll reveals a deeply divided American electorate, with most voters describing the Democratic Party as "weak" and the Republican Party as "extreme." These sentiments largely echo perceptions from previous years, indicating a persistent challenge for both major parties. While Republicans show greater unity and positivity in their self-descriptions, Democrats are less confident in their party's strength and effectiveness. Independent voters, crucial for electoral success, also view Democrats as "weak" and Republicans as "extreme," giving neither party high marks for being "reasonable." The article underscores the significant hurdles both parties face in appealing to the broader electorate.
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CBS NewsThe Senate failed to advance a measure to fund the Department of Homeland Security, increasing the likelihood of a partial government shutdown as a deal remains out of reach. Democrats opposed the bill, citing insufficient progress on reining in ICE and addressing concerns about alleged violence and misconduct. They are demanding significant reforms, including restricting agents from wearing masks, requiring body cameras, banning racial profiling, and standardizing use-of-force protocols. President Trump acknowledged that some of these demands were "very, very hard to approve," while Senate Majority Leader John Thune expressed hope for a solution if discussions continue, despite senators leaving for recess.
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CBS NewsAmerican Airlines flight attendants picketed outside the company's headquarters, pushing for new leadership and expressing deep frustration over the airline's performance and management. This protest follows a rare vote of no confidence in CEO Robert Isom by the Association of Professional Flight Attendants, representing 28,000 cabin crew members. Unions across various employee groups have criticized American's lagging profitability and punctuality compared to competitors. Despite Isom's efforts to calm employees by outlining expected improvements in profits, schedules, and cabin upgrades for 2026, widespread discontent persists over issues like smaller profit-sharing pools and the airline's handling of major winter storm disruptions.
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CNBCAn article in The Atlantic offers a harrowing, medically accurate narrative detailing the tragic progression of a measles infection in an unvaccinated child, from initial exposure to severe complications and eventual death. It meticulously describes the escalating symptoms, the virus's destructive impact on various organ systems, and the overwhelming challenges faced by parents and medical professionals. The narrative also highlights the broader public health implications, including the rapid spread of the virus in the community, extensive contact tracing efforts, and the urgent need for vaccination. This powerful article serves as a stark and emotional warning about the dire consequences of vaccine hesitancy.
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The AtlanticThe EPA's decision to reverse its endangerment finding on greenhouse gases, which previously underpinned federal fuel-efficiency targets and electric vehicle (EV) incentives, has created uncertainty for the U.S. auto industry. While some automakers and industry groups welcomed the rollback, critics argue it is short-sighted given global trends towards cleaner transportation and stricter emissions regulations in other markets. The move follows other Trump administration actions, including the rescission of federal EV tax credits and state waivers for emissions rules. Despite these policy shifts, experts suggest that the inherent consumer case for EVs continues to strengthen, preventing a complete reversal in adoption, albeit potentially slowing its growth. (not investment advice)
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CNBCMembers of Congress are demanding investigations after discovering the Department of Justice allegedly tracked their research activities while they reviewed files connected to Jeffrey Epstein. Photographs taken during a congressional hearing showed Attorney General Pam Bondi with a document detailing files accessed by Representative Pramila Jayapal, prompting accusations of violating the separation of powers. The DOJ confirmed it logs all searches to "protect against the release of victim information," but lawmakers described a "clunky and convoluted" review process that felt like surveillance. This incident has led to bipartisan calls for the DOJ to immediately halt the tracking and for a comprehensive inquiry into the department's handling of the Epstein investigation.
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The GuardianSouth African President Cyril Ramaphosa announced plans to deploy soldiers to work alongside police in combating the nation's severe crime crisis, declaring organized crime the "most immediate threat" to the country's democracy, society, and economic development. With South Africa ranking among the top countries globally for organized crime and experiencing an average of 64 murders daily, the deployment aims to address the pervasive sense of fear and its negative impact on business investment. The additional military forces are expected to be on the ground within days, signaling a significant escalation in the government's efforts to restore stability and security.
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Deutsche WelleThe search for Nancy Guthrie, the 84-year-old mother of "Today" co-host Savannah Guthrie, has entered its second week following her suspected abduction from her Tucson, Arizona, home. Authorities have released a detailed timeline of events, including her last known sighting, the disconnection of her doorbell camera, and the discovery of her blood at the scene. An apparent ransom note demanding bitcoin was received, and the Guthrie family has publicly appealed for her safe return, expressing willingness to pay. Surveillance images of a masked subject led to the detention of a person of interest, who was subsequently released, leaving the case unresolved as the search intensifies.
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CBS NewsImmigration and Customs Enforcement's (ICE) "Operation Metro Surge" in Minneapolis, an initiative launched by President Donald Trump with aggressive rhetoric, is reportedly winding down. The operation drew significant controversy, particularly after an ICE agent shot and killed Renee Good, a 37-year-old mother of three. Homeland Security Secretary Kristi Noem initially labeled Good a "domestic terrorist," a claim later contradicted by a preliminary government review and witness testimony. This incident intensified public scrutiny over ICE's tactics, training, and use of force, contributing to ongoing congressional debates regarding Department of Homeland Security funding and reforms.
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The EconomistAbigail Slater, the Justice Department's antitrust chief, has been ousted by top Trump administration officials after less than a year in the role, according to sources familiar with the matter. Reports indicate Slater had lost the trust of Attorney General Pam Bondi and Deputy Attorney General Todd Blanche, with officials believing she undermined pending cases and disobeyed requests, including department travel rules. Democratic Senator Elizabeth Warren criticized the move, suggesting it signals corruption and could compromise consumer protection efforts. The departure highlights significant internal turmoil within the DOJ's antitrust division, following other high-profile firings and allegations of special interest influence.
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CBS NewsAmazon Web Services CEO Matt Garman suggested that investor fears regarding artificial intelligence models significantly slowing the growth of major software companies are "overblown." Despite a notable sell-off in technology stocks, Garman believes that established Software-as-a-Service (SaaS) providers are well-positioned to leverage AI, provided they continue to innovate and adapt. He anticipates that customers will ultimately consume more compute technology and infrastructure, whether through developing their own AI solutions or acquiring them from vendors. Garman acknowledges AI as a disruptive force that will transform how software is consumed and built, but he refutes predictions of widespread collapse for existing industry players. (not investment advice)
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CNBCSouth Korea's 17-year-old Choi Gaon secured the Olympic halfpipe gold medal, thwarting American superstar Chloe Kim's historic bid for a third consecutive title at the Winter Games. Choi delivered an exceptional 90.25-point run on her third attempt, overcoming an earlier fall, and surpassing Kim's best score of 88.00. This outcome signals a significant generational shift in women's halfpipe snowboarding, with Kim, despite a recent shoulder injury, settling for silver. The article highlights Choi's remarkable resilience and execution, marking the first time in nearly a decade that Olympic halfpipe gold has gone to someone other than Kim.
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The GuardianIn early 2026, a "good" high-yield savings account interest rate is generally considered to be 4% or higher, reflecting a current market climate that is cooler than recent peaks but still competitive. The article strongly advises savers to explore online banks, which typically offer significantly more attractive rates compared to traditional savings accounts, where average interest rates are often below 0.40%. It emphasizes that these variable rates are expected to face further cuts later in the year, urging individuals to secure higher rates now. Keeping money in traditional savings accounts is highlighted as a substantial missed opportunity for financial growth. (not investment advice)
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CBS NewsThe Trump administration's repeal of the EPA's "endangerment finding," a core policy regulating greenhouse gas emissions, is expected to have significant financial consequences for Americans, according to climate economists. Experts warn that removing this legal basis for federal climate policy could increase exposure to climate damages, such as more frequent and intense extreme weather events. This may lead to higher costs for insurance, home repairs, healthcare, and food. While the EPA projects $1.3 trillion in savings by eliminating emissions standards, critics argue these short-term savings will be dwarfed by increased long-term costs from climate change impacts. The article highlights the ongoing debate over the economic implications of climate policy changes. (not investment advice)
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CNBCA federal judge has issued an order blocking the Pentagon from downgrading the military retirement rank and pay of Democratic Senator Mark Kelly of Arizona. The ruling found that the government "trampled on Senator Kelly's First Amendment freedoms" by targeting him after he urged military members to "refuse illegal orders" in a video. Kelly had sued Defense Secretary Pete Hegseth, arguing he was subject to "extreme rhetoric and punitive retribution." The judge emphasized that extending free speech limitations to retired service members, especially those in Congress, is unprecedented. Hegseth announced the ruling would be immediately appealed, indicating a continued legal battle over the scope of military speech restrictions.
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CBS NewsThe highly anticipated January Consumer Price Index (CPI) report, due Friday morning, is expected to show a 2.5% gain from a year ago, signaling continued moderation in inflation. This projected figure would bring the widely cited inflation gauge back to its May 2025 level, prior to the implementation of "liberation day" tariffs that many economists feared would cause prices to spiral. A lower-than-expected reading could bolster the Federal Reserve's confidence to reduce its benchmark borrowing rate without risking a resurgence of inflation. Analysts will closely scrutinize the report for specific details, with expectations for 0.3% monthly increases in both headline and core CPI. (not investment advice)
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CNBCThe Bangladesh Nationalist Party (BNP) appears poised for a parliamentary majority, according to early counts in a landmark general election. This election is the first since the fall of Sheikh Hasina's government in 2024, which saw her Awami League party banned from contesting. Interim leader Muhammad Yunus hailed the day as one of freedom, while BNP chief Tarique Rahman expressed hopes for a new democracy. Voters voiced high hopes for a corruption-free Bangladesh and increased citizen participation, though concerns were noted regarding the youth-driven National Citizen Party's alliances with right-wing Islamist groups, which led to internal resignations and questions about its credibility.
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Deutsche Welle