Financial Wealth Daily

US labels another Venezuelan group as terrorist, ramping up pressure

By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Monday formally designated Venezuela’s Cartel de los Soles as a foreign terrorist organization, layering additional terrorism-related sanctions on the group it has said includes President Nicolas Maduro and other high-ranking officials. Venezuela’s government rejected what it called a “ridiculous” U.S. plan to designate the “non-existent” group….

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EU states back away from forcing Big Tech to detect and remove child pornography

BRUSSELS (Reuters) -European Union member states have agreed a common position on draft online child protection legislation without forcing global tech companies to identify and remove online child sexual abuse. The position, announced on Wednesday by the European Council, represents a victory for U.S. companies such as Alphabet’s Google, Meta and others as well as…

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US civil rights leader Jesse Jackson released from Chicago hospital, family says

By Steve Gorman WASHINGTON (Reuters) -U.S. civil rights leader Jesse Jackson was released on Monday from a Chicago hospital where he had been receiving medical care for at least 12 days, according to his family. The 84-year-old Baptist minister, social activist, and former U.S. presidential candidate “remains in stable condition” following his discharge from Northwestern…

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The Nasdaq Just Dropped 10%—Is This the Start of Something Bigger?

The Nasdaq Composite Index has officially entered correction territory, declining over 10% from its recent highs. This downturn has sent ripples through the financial markets, leaving investors anxious about what lies ahead. Let’s delve into the factors contributing to this correction, explore potential strategies for safeguarding investments, and identify value stocks that might offer resilience during…

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