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Family offices bet on the U.S. and stocks for 2025, UBS finds

May 22, 2025

2 dead after firefighters are ambushed in Coeur d’Alene, Idaho: Live Updates
Share Fire continues burning on Canfield Mountain as priority remains victims and shooter A photo showing smoke on Canfield Mountain, Idaho, on Sunday.Jenn Holdren The shooting started after firefighters responded to Canfield Mountain for reports of a fire. Because officials are using so many of their resources on shooting victims and to try to neutralize…
Trump expected to visit the ‘Alligator Alcatraz’ detention facility this week
TALLAHASSEE, Fla. — President Donald Trump is expected to be at the formal opening Tuesday of a controversial immigration detention center in the Florida Everglades that state leaders have dubbed “Alligator Alcatraz.” The Palm Beach Post on Sunday reported that FAA data indicated that Trump would be in South Florida for the opening of the…
Senate advances Trump’s ‘Big Beautiful Bill’ and protesters try new tactics in L.A.: Weekend Rundown
The Republican-led Senate late Saturday advanced a sweeping domestic policy package for President Donald Trump’s agenda after a dramatic hourslong vote, moving it one step closer to passage. The vote was 51-49, with two Republicans — Sens. Thom Tillis of North Carolina and Rand Paul of Kentucky — joining all Democrats in opposition. Following the…
Trump determined to keep 25% tariff on Japanese autos
WASHINGTON — Japan takes in no American cars, and its vehicles should remain subject to a 25% auto tariff in the U.S., President Donald Trump said in a Fox Business interview aired Sunday, shattering Japan’s hopes of winning an exemption based on its relationship as a trusted ally. The Trump administration now has three sets…
Hong Kong’s borrowing costs plunge to nearly zero as it works to maintain dollar peg
HONG KONG — Global investors rattled by Donald Trump’s America are turning to Hong Kong for a sweet deal: borrowing Hong Kong dollars at virtually zero cost and receiving a guaranteed return of more than 4%, based on U.S. overnight lending rates. The so-called carry trade, which came under the spotlight over the past month…
Debate over ‘Alligator Alcatraz’ detention center a personal one for members of Miccosukee and Seminole tribes
The constant rumbling of passing dump trucks drowns out the once familiar chirping of birds at the family home of Mae’anna Osceola-Hart in Everglades National Park. “It’s all-day, all-night truck noise,” says the 21-year-old photographer who describes herself as part Miccosukee and part Seminole, two Florida tribes at the heart of the debate over the…
Federal prosecutors investigating Detroit Pistons guard Malik Beasley
The NBA is cooperating with a federal investigation into Detroit Pistons guard Malik Beasley, NBA spokesman Mike Bass said in a statement. The Pistons also said they are aware of the investigation, but said the team did not have any further information. The details of the probe were not immediately clear. Beasley, who played last…
LDP widens lead heading into Japan’s upper house race
TOKYO — Japanese Prime Minister Shigeru Ishiba’s Liberal Democratic Party may be gaining traction about three weeks before the July 20 upper house election, with those planning to vote for the LDP increasing 3 percentage points on the month to 29% in a new Nikkei/TV Tokyo poll. The Constitutional Democratic Party and the Democratic Party…
Cracks start to show in the US-India partnership
Derek Grossman is a professor of political science and international relations at the University of Southern California. He formerly served as a senior defense analyst at RAND Corp. and the daily intelligence briefer to the assistant secret of defense for Asian and Pacific security affairs at the Department of Defense. On Feb. 13, Indian Prime…