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Flashback: The debate night against Trump that threw Biden’s reelection campaign into a free fall

Politics 6 Mins Read

A year ago Friday, President Joe Biden took the debate stage against then-Republican presidential candidate Donald Trump and drove one of the final nails in his reelection campaign’s coffin as traditional allies turned their backs on the 46th president and subsequently rallied to replace him as the frontrunner against Trump. 

Biden entered the reelection cycle already racked by claims and concerns that his mental acuity had slipped and he was not mentally fit to continue serving as president, which was underscored by special counsel Robert Hur’s report in February 2024 that rejected criminal charges against Biden for possessing classified materials, citing he was ‘a sympathetic, well-meaning, elderly man with a poor memory.’ 

The then-president spent days preparing for the debate from Camp David in Maryland, as videos of his recent public gaffes and missteps haunted the campaign in the days leading up to the debate. Trump, meanwhile, led the charge in demanding Biden take a drug test to prove he was not taking performance-enhancing supplements ahead of the highly anticipated event. 

Biden brushed off accusations he was using any performance-enhancing supplements, including mocking Trump’s challenge that he take a drug test in an X post showing him drinking a can of water. 

‘I don’t know what they’ve got in these performance enhancers, but I’m feeling pretty jacked up. Try it yourselves, folks. See you in a bit,’ the X post read, accompanied by a photo of Biden drinking a can of water that read ‘Get real, Jack. It’s just water.’

Just minutes later, Biden would deliver a failing debate performance that unleashed panic among the Democratic Party, as some rushed to defend Biden, and others broke with the man who had served in public office for more than 50 years to demand fresh leadership at the 11th hour of the campaign cycle. 

‘I really don’t know what he said at the end of that sentence, I don’t think he knows what he said either,’ Trump shot at Biden at one point during the debate.

The viral moment followed Biden attempting to tout Congress’ bipartisan border package that lawmakers had bucked earlier in 2023. 

Biden said, ‘We find ourselves in a situation where when he was president, he was separating babies from their mothers put them in cages, making sure that the families were separated.’

‘That’s not the right way to go. What I’ve done since I’ve changed the law, what’s happened? I’ve changed it in a way that now you’re in a situation where there are 40% fewer people coming across the border illegally, that’s better than when he left office. And I’m going to continue to move until we get the total ban on the total initiative relative to what we can do with more Border Patrol and more asylum officers,’ Biden said, appearing to trail off. 

Overall, Biden’s 90-minute performance was riddled with him tripping over his words, speaking in a far more subdued tenor than during his vice presidency, having a raspy and unsure voice, and losing his train of thought at times. 

Biden and Trump also were both confronted over their ages during the debate, with the moderator saying Biden would be 86 by the end of a potential second term, and Trump 82. 

Biden defended his age, saying he ‘spent half my career being criticized about being the youngest person in politics. I was the second-youngest person ever elected to the United States Senate, and now I’m the oldest. This guy is three years younger and a lot less competent.’ 

Trump, meanwhile, said he had taken cognitive tests and ‘aced them.’ 

The debate unleashed panic among Democrat allies of the president and members of the media, as they remarked his performance was a failure that added fuel to the fire surrounding concerns over his mental acuity and age. 

‘My phone really never stopped buzzing throughout. And the universal reaction was somewhere approaching panic,’ then-MSNBC host Joy Reid, for example, said.

‘My job now is to be really honest,’ former Missouri Sen. Claire McCaskill, a Democrat, said during an appearance on MSNBC after the debate. ‘Joe Biden had one thing he had to do tonight, and he didn’t do it. He had one thing he had to accomplish and that was reassure America that he was up to the job at his age. And he failed at that tonight.’ 

‘I think the emotions of the night were basically disappointment, anger, and then, by the end, it was panic,’ one House Democrat who was granted anonymity to speak freely, told Fox News Digital following the debate.

Legacy media outlets such as the New York Times and the Chicago Tribune called on Biden to map out an exit plan – with the Times describing Biden as a ‘shadow of a great public servant’ – while Biden allies such as former President Barack Obama and first lady Jill Biden reiterated their support for the 46th president’s re-election. 

‘Bad debate nights happen. Trust me, I know,’ Obama said the day after the debate. ‘But this election is still a choice between someone who has fought for ordinary folks his entire life and someone who only cares about himself. Between someone who tells the truth; who knows right from wrong and will give it to the American people straight – and someone who lies through his teeth for his own benefit.’ 

Soon after the debate, however, reports spread that Obama was working behind the scenes to rally that Biden drop out of the race, so a new generation of Democrats could take the reins of the party. 

The White House, meanwhile, forcefully defended the president following the debate. 

‘Absolutely not,’ then-White House press secretary Karine Jean-Pierre declared in a media briefing July 3, 2024, when asked if Biden had any plans to exit the 2024 race. 

Biden ultimately did drop out of the race on July 21, 2024, less than a month following the debate, as pressure from traditional allies grew. The president announced his departure in a Sunday afternoon message posted to his X account. 

The announcement was soon followed by him endorsing Vice President Kamala Harris to take up the mantle, leaving her with just more than 100 days to launch her own presidential campaign against Trump. 

This post appeared first on FOX NEWS

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Business

Divided Fed proposes rule to ease capital requirements for big Wall Street banks

Business 3 Mins Read

The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the move could undermine important safeguards.

Known as the enhanced supplementary leverage ratio, the measure regulates the quantity and quality of capital banks should be keeping on their balance sheets. The rule emanated from a post-financial crisis effort to ensure the stability of the nation’s largest banks.

However, in recent years as bank reserves have built and concerns have grown over Treasury market liquidity, Wall Street executives and Fed officials have pushed to roll back the requirements. The regulations targeted treat all capital the same.

“This stark increase in the amount of relatively safe and low-risk assets on bank balance sheets over the past decade or so has resulted in the leverage ratio becoming more binding,” Fed Chair Jerome Powell said in a statement. “Based on this experience, it is prudent for us to reconsider our original approach.”

The Fed board put the proposal open for a 60-day public comment window.

In its draft form, the measure would call for reducing the top-tier capital big banks must hold by 1.4%, or some $13 billion, for holding companies. Subsidiaries would see a larger drop, of $210 billion, which would still be held by the parent bank. The standard applies the same rules to so-called globally systemic important banks as well as their subsidiaries.

The rule would lower capital requirements to range of 3.5% to 4.5% from the current 5%, with subsidiaries put in the same range from a previous level of 6%.

Current Vice Chair for Supervision Michelle Bowman and Governor Christopher Waller released statements supporting the changes.

“The proposal will help to build resilience in U.S. Treasury markets, reducing the likelihood of market dysfunction and the need for the Federal Reserve to intervene in a future stress event,” Bowman stated. “We should be proactive in addressing the unintended consequences of bank regulation, including the bindingness of the eSLR, while ensuring the framework continues to promote safety, soundness, and financial stability.”

On the whole, the plan seeks to loosen up banks to take on more lower-risk inventory such as Treasurys, which are now treated essentially the same as high-yield bonds for capital purposes. Fed regulators essentially are looking for the capital requirements to serve as a safety net rather than a bind on activity.

However, Governors Adriana Kugler and Michael Barr, the former vice chair of supervision, said they would oppose the move.

“Even if some further Treasury market intermediation were to occur in normal times, this proposal is unlikely to help in times of stress,” Barr said in a separate statement. “In short, firms will likely use the proposal to distribute capital to shareholders and engage in the highest return activities available to them, rather than to meaningfully increase Treasury intermediation.”

The leverage ratio has come under criticism for essentially penalizing banks for holding Treasurys. Official documents released Wednesday say the new regulations align with so-called Basel standards, which set standards for banks globally.

This post appeared first on NBC NEWS

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Stock

Find Highest Probability Counter-Trend Setups

Stock 1 Min Read

Think trading against the trend is risky? You may want to reconsider. When a stock or ETF is trending lower, the smart money watches for signs of a reversal; those early signals can get you into a trend before everyone else and lead to favorable risk-to-reward ratios.

In this video, options strategist Tony Zhang breaks down how to spot high-probability counter-trend setups using technical signals and practical examples. You’ll learn how to identify early reversal signals, why counter-trend setups can be lower-risk than you’d think, and how to apply these strategies through examples and live reviews.

Whether you’re new to options trading or leveling up your game, this is your opportunity to explore a low-risk, high-performing strategy.

The video premiered on June 25, 2025.

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Investing

Skyharbour’s JV Partner Orano Commences 6-7,000m Summer Drilling Program at the Preston Uranium Project

Investing 12 Mins Read

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (‘Skyharbour’ or the ‘Company’), is pleased to announce that its joint-venture partner, Orano Canada Inc. (‘Orano’), recently commenced a large-scale diamond drilling program at the 49,635-hectare Preston Uranium Project (‘Preston’ or the ‘Property’) located in the western Athabasca Basin, Saskatchewan, Canada. The drilling program will consist of approximately 6,000 to 7,000 metres of drilling during the summer of 2025. Orano is the majority owner and operator at the project with Skyharbour owning a minority interest of approximately 25.6%.

Location Map of Preston Project:
https://www.skyharbourltd.com/_resources/images/Sky_Preston.jpg

2025 Exploration Program at Preston:

The program for the Preston Project will consist of a helicopter-supported diamond drilling campaign, totaling 6,000 to 7,000 metres, with up to 28 holes designed to test high-priority targets across the property at depths ranging from 200 to 350 metres. Primary drill target areas (outlined in Figure 2) include the previously untested Johnson Lake, the Canoe Lake and FSAN target. Target areas are spread throughout the project to ensure assessment credits are met across all claims, while testing perspective trends.

Figure 2: Target Area Overview – Preston Lake Project:
https://www.skyharbourltd.com/_resources/news/Figure_2_Target_Area_Overview.jpg

Drilling in the Johnson Lake area (Zone 1; Figure 2) will target a broad structural corridor initially identified in an airborne VTEM survey and subsequently refined by a ground-based ML-TEM survey in 2018 and a DC resistivity survey in 2020. Multiple parallel conductors exhibiting moderate to strong responses have been delineated across the grid. A total of 4 to 5 drill holes are planned with an average depth of 350 metres for a total of approximately 1,750 metres, contingent on results. The primary objective is to test ground conductors at structurally complex intersections which are considered highly prospective for uranium mineralization. There has been no drilling completed in the Johnson Lake grid area to date.

Figure 3: Johnson Lake Grid Ground Conductors:
https://www.skyharbourltd.com/_resources/news/Figure_3_Johnson_Lake_Grid.jpg

The Canoe Lake area (Zone 2; Figure 2) comprises nine conductive trends that remain largely untested, with only one to three historical drill holes completed on each to date. The 2025 program aims to assess high-priority targets for uranium mineralization and to further define Canoe Lake as a prospective discovery corridor within the Preston Lake Project.

A total of 6 to 12 diamond drill holes are planned, totalling approximately 1,200 to 2,400 metres, with an average hole depth of 200 metres. Six zones of interest have been identified based on the review of available airborne and ground geophysical data, characterized by gravity lows near interpreted structural breaks and crosscutting magnetic features. Structural features in the southwestern portion of the grid are of particular interest due to their orientation, which is analogous to the structural trends controlling mineralization at the PLS and Arrow uranium deposits. These targets are on strike with zones of brittle-ductile deformation and hydrothermal alteration observed in historical drilling, supporting their potential for hosting basement-hosted uranium mineralization.

Figure 4:   Canoe Lake Ground Gravity, Zones of Interest and 2025 Targets:
https://www.skyharbourltd.com/_resources/news/Figure_4_Canoe_Lake_Ground_Gravity_and_Zones_of_Interest.jpg

The FSAN Zone (Zone 3; Figure 2) will be the most extensively tested area in the 2025 program, with both reconnaissance and direct targeting strategies to be employed. Reconnaissance drilling will consist of 3 holes totalling approximately 1,050 metres, focusing on discrete airborne EM anomalies near the intersection of prospective east-west structures. An additional 7 to 14 holes will be drilled using a more direct targeting approach for a total of 1,400 to 2,800 metres. These holes will test gravity low anomalies, areas of magnetic disruption, and sites of high geochemical response, including SGH uranium anomalies and historical surface grab samples with anomalous uranium and pathfinder element concentrations.

Figure 5: FSAN 2025 Ground Gravity Results with Lineament and 2025 Targets:
https://www.skyharbourltd.com/_resources/news/Figure_5_FSAN_2025_Ground_Gravity_Results_with_Lineament_and_2025_Targets.jpg

The West and Far West Grids (Zone 4; Figure 2) have been designated as contingency targets for the 2025 drill program. These areas encompass the western extent of the PL-1 conductive trend, where historical drilling intersected moderately to strongly graphitic, brittle-ductile fault zones with localized hydrothermal alteration. The structural complexity observed in this area enhances its prospectivity for basement-hosted uranium mineralization and warrants further investigation.

2024 Exploration Program Completed at Preston:

The 2024 field program marked the first exploration activities conducted by Orano at the Preston Project since 2020. The program included a 35.6 km ground Moving-Loop Transient Electromagnetic (ML-TEM) survey over the Preston West and Far West targets, focusing on an airborne VTEM conductor at Preston West and following up on a prior reconnaissance survey at Preston Far West.

A ground gravity survey comprising 2,295 stations was also completed over an area encompassing the FSAN and FSANE trends to help with drill target prioritization. In addition, a Spatiotemporal Geochemical Hydrocarbon (SGH) geochemical survey comprising approximately 1,100 samples was carried out during the summer of 2024. SGH is a cost-effective technique which has been successfully used to detect surficial anomalies associated with buried uranium mineralization in the Athabasca Basin.

Preston Uranium Project:

In March 2017, Skyharbour signed an option agreement with Orano (formerly AREVA Resources Inc.) that provided Orano an earn-in option to acquire a majority working interest in the 49,635-hectare Preston Uranium Project. The significant potential of the Project has been highlighted by past discoveries in the area by NexGen Energy Ltd. (Arrow deposit), Fission Uranium Corp. (Triple R deposit), and F3 Uranium Corp. (PLN discovery). Exploration at the Project has consisted of ground gravity, airborne and ground electromagnetics, radon, soil, silt, biogeochem, lake sediment, and geological mapping surveys, as well as exploratory drill programs. Over a dozen high-priority drill target areas associated with multiple prospective exploration corridors have been successfully delineated through these methodical, multi-phased exploration initiatives, which have culminated in an extensive, proprietary geological database for the project area.

Joint Venture and Strategic Partnership:

In early 2021, Orano fulfilled its earn-in option on the project by funding exploration expenditures and making the required cash payments. Upon completion of a total of CAD $4.8 million in exploration spending, a joint venture was established between Orano, Skyharbour, and Dixie Gold to advance and develop the project. Orano currently holds a 53.3% interest in the joint venture, with Skyharbour and Dixie Gold holding 25.6% and 21.1% interests, respectively.

Market Maker:

The Company has engaged the services of Independent Trading Group (‘ITG’) pursuant to an agreement dated and starting on July 1 st , 2025 (the ‘Agreement’) to provide market-making services in accordance with TSX Venture Exchange (‘TSX-V’) policies. ITG will trade shares of the Company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company’s common shares.

Under the terms of the Agreement, ITG will receive compensation of CAD $5,000 per month, payable monthly in advance. The Agreement is for an initial term of one month and will renew for additional one-month terms unless terminated by either party with 30 days’ notice. There is no performance factors contained in the Agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities.

Independent Trading Group (ITG) Inc. is a Toronto based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

Qualified Person:

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and has been reviewed and approved by Serdar Donmez, P.Geo., Vice President of Exploration for Skyharbour Resources, who is a Qualified Person as defined by NI 43-101.

About Orano Canada Inc.:

Headquartered in Saskatoon, Saskatchewan, Orano Canada Inc. is a leading producer of uranium, accounting for the processing of 16.9 million pounds of uranium concentrate in Canada in 2024. Orano has been exploring for, mining and milling uranium in Canada for more than 60 years. Orano Canada is the operator of the McClean Lake uranium mill and a major partner in the Cigar Lake, McArthur River and Key Lake operations. The company employs over 450 people in Saskatchewan, including about 375 at the McClean Lake operation where over 40% of employees are self-declared Indigenous. As a sustainable uranium producer, Orano Canada is committed to safety, environmental protection and contributing to the prosperity and well-being of neighbouring communities.

Orano Canada Inc. is a subsidiary of the multinational Orano group. As a recognized international operator in the field of nuclear materials, Orano delivers solutions to address present and future global energy and health challenges. Its expertise and mastery of cutting-edge technologies enable Orano to offer its customers high value-added products and services throughout the entire fuel cycle. Every day, the Orano group’s 17,000 employees draw on their skills, unwavering dedication to safety and constant quest for innovation, with the commitment to develop know-how in the transformation and control of nuclear materials, for the climate and for a healthy and resource-efficient world, now and tomorrow.

Visit Orano at www.oranocanada.com or follow us on LinkedIn, Facebook and Twitter: @oranocanada

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-six projects covering over 614,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U 3 O 8 over 5.9 metres, including 20.8% U 3 O 8 over 1.5 metres at a vertical depth of 265 metres. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is the operator with joint-venture partner Rio Tinto. The project hosts several high-grade uranium drill intercepts over a large property area with robust exploration upside potential. The Company is actively advancing these projects through exploration and drill programs.

Skyharbour also has joint ventures with the industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project. In aggregate, Skyharbour has now signed earn-in option agreements with partners that total over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:

https://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-11-21_v1.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’
____________________________
Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
‎Skyharbour Resources Ltd.
‎Telephone: 604-558-5847
‎Toll Free: 800-567-8181
‎Facsimile: 604-687-3119
‎Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Forward-Looking Information

This news release contains ‘forward‐looking information or statements’ within the meaning of applicable securities laws, which may include, without limitation, completing ongoing and planned work on its projects including drilling and the expected timing of such work programs, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of uranium, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of uranium and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law. 







News Provided by GlobeNewswire via QuoteMedia




This post appeared first on investingnews.com



		
				
			
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Mossad chief thanks US for help with Iran, says ‘significantly thwarted’ regime threats

						
					  
						
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Mossad Director David Barnea thanked the men and women working for the agency after the success of Israel’s Operation Rising Lion.


He also expressed his appreciation to the U.S. — particularly the CIA — for their work in countering Iran’s nuclear program.


‘These are historic days for the people of Israel. The Iranian threat, which endangered our security for decades, has been significantly thwarted thanks to the extraordinary cooperation between the IDF, which led the campaign, and the Mossad, which operated alongside it, with the support of our ally, the United States,’ Barnea said.




The Mossad, Israel’s equivalent of the CIA, had personnel in Iran ready for the launch of Operation Rising Lion, something that was revealed in unprecedented fashion when the agency released video of its operatives at work.


Ahead of the U.S. strikes in the early hours of Sunday morning, Iranian time, there was speculation whether Washington and Jerusalem were coordinating. President Donald Trump made it clear after the strikes that he and Israeli Prime Minister Benjamin Netanyahu had been working together behind the scenes.


‘I want to thank and congratulate Prime Minister Bibi Netanyahu. We worked as a team — like perhaps no team has ever worked before — and we’ve gone a long way to erasing this horrible threat to Israel,’ Trump said in his address to the nation following the strikes on Iran.




While Barnea expressed his gratitude to Israeli and American forces alike, he also said that ‘the mission is not yet complete.’


‘The Mossad will continue, with determination, to monitor, track, and act to thwart the threats against us — just as we always have — for the sake of the State of Israel and its people,’ Barnea said.


Iran’s nuclear chief, Mohammad Eslami, said on Tuesday that the country was assessing the damage and preparing to restore the facilities, according to Reuters. He added that Iran’s ‘plan is to prevent interruptions in the process of production and services.’


Both Trump and Netanyahu vowed to respond if Iran rebuilds its nuclear program.




This post appeared first on FOX NEWS



		
				
			
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Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

						
					  
						
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Chris Schwegmann is getting creative with how artificial intelligence is being used in law.


At Dallas-based boutique law firm Lynn Pinker Hurst & Schwegmann, he sometimes asks AI to channel Supreme Court Chief Justice John Roberts or Sherlock Holmes.




Schwegmann said after uploading opposing counsel’s briefs, he’ll ask legal technology platform Harvey to assume the role of a legal mind like Roberts to see how the chief justice would think about a particular problem.


Other times, he will turn to a fictional character like Holmes, unlocking a different frame of mind.


“Harvey, ChatGPT … they know who those folks are, and can approach the problem from that mindset,” he said. “Once we as lawyers get outside those lanes, when we are thinking more creatively involving other branches of science, literature, history, mythology, that sometimes generates some of the most interesting ideas that can then be put, using proper legal judgement, in a framework that works to solve a legal problem.”


It’s just one example of how smaller businesses are putting AI to work to punch above their weight, and new data shows there’s an opportunity for much more implementation in the future.


Only 24% of owners in the recent Small Business and Technology Survey from the National Federation of Independent Business said they are using AI, including ChatGPT, Canva and Copilot, in some capacity.


Notably, 98% of those using it said AI has so far not impacted the number of employees at their firms.


At his trial litigation firm of 50 attorneys, Schwegmann said AI is resolving work in days that would sometimes take weeks, and said the technology isn’t replacing workers at the firm.


It has freed up associate lawyers from doing “grunt work,” he said, and also means more senior-level partners have the time to mentor younger attorneys because everyone has more time.


The NFIB survey found AI use varied based on the size of the small business. For firms with employees in the single digits, uptake was at 21%. At firms with fifty or more workers, AI implementation was at nearly half of all respondents.


“The data show clearly that uptake for the smallest businesses lags substantially behind their larger competitors. … With a little attention from all the relevant stakeholders, a more equal playing field is possible,” the NFIB report said.


For future AI use, 63% of all small employers surveyed said the utilization of the technology in their industry in the next five years will be important to some degree; 12% said it will be extremely important and 15% said it will not be important at all. 


Some of the most common uses in the survey were for communications, marketing and advertising, predictive analysis and customer service. 


“We still have the need for the independent legal judgment of our associate lawyers and our partners — it hasn’t replaced them, it just augments their thinking,” Schwegmann said. “It makes them more creative and frees their time to do what lawyers do best, which is strategic thought and creative problem solving.”


The NFIB data echoes a recent survey from Reimagine Main Street, a project of Public Private Strategies Institute in partnership with PayPal.


Reimagine surveyed nearly 1,000 small businesses with annual revenue between $25,000 and $50,000 and also found that a quarter had already started integrating AI into daily workflows.


Schwegmann said at his firm, AI is helping to even the playing field.


“One of the things Harvey lets us do is review, understand and incorporate and respond much faster than we would prior to the use of these kinds of AI tools,” he said. “No longer does a party have an advantage because they can paper you to death.”




This post appeared first on NBC NEWS



		
				
			
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Shifting Tides in the Stock Market: A New Era for Bulls?

						
					  
						
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The stock market has been on quite the rollercoaster of late, thanks to news headlines. But investors seem to have shrugged off the past weekend’s geopolitical tensions, at least for now. 


On Tuesday, we saw a surge of enthusiasm. Investors were diving back into stocks and selling off their oil and precious metals holdings. Last week, oil prices spiked amid Middle East tensions, but have now fallen to pre-conflict levels. After what felt like a few weeks of the market moving sideways, maybe the stock market got the catalyst it needed to push the major indexes out of their trading range. A ceasefire between Israel and Iran was enough to get things going.


Stocks Get a Boost


Tuesday’s positive tone helped move the stock market higher, with the S&P 500 ($SPX) closing up 1.1%, finally breaking above the top of its trading range. The Nasdaq Composite ($COMPQ) followed suit, with both indexes within spitting distance of their all-time highs. The Nasdaq 100 ($NDX), which closed 1.53% higher, hit a new all-time high. And let’s not forget the Dow Industrials ($INDU), which is also making a strong attempt to push through key resistance levels, even though it’s a little bit further from its all-time high.


Given the Nasdaq 100’s strong performance on Tuesday, it’s worth taking a closer look at the daily chart of the Invesco QQQ Trust (QQQ).




FIGURE 1. DAILY CHART OF QQQ. The ETF hit a new high on June 24 with a potential Golden Cross. If the relative strength index and percentage price oscillator confirm upside momentum, QQQ could rise higher.Chart source: StockCharts.com. For educational purposes.


Besides hitting a new high, note that the 50-day simple moving average (SMA) crossed above the 200-day SMA. This is referred to as a Golden Cross and can be an early sign of bullishness. While it’s not a guaranteed “green light” at such an early stage, it’s worth watching to see if the 50-day SMA continues to stay above the 200-day SMA.


The relative strength index (RSI) is getting closer to overbought territory. If it crosses above 70, it would be another sign of strong bullish momentum. Similarly, the percentage price oscillator (PPO) needs to move into positive territory, meaning the shorter moving average should cross above the longer one. They’re close, but remember these are lagging indicators, meaning they’ll confirm trends that are already underway. Thus, if the 50-day SMA remains above the 20-day SMA, RSI crosses above 70, and PPO confirms upside momentum, it would confirm further upside move in QQQ.


Another interesting point to note: The Cboe Volatility Index ($VIX) closed at 17.48, which suggests investors are relatively complacent. The VIX was relatively subdued during the Middle East conflict, hitting a high of around 22. With less fear, the charts of the major indexes look like they’re going to hit fresh highs. On Tuesday, Technology, Financials, and Communication Services were the top-performing sectors.


Tech Regains Lead


The Technology sector was powered by semiconductors, which have been driving the market lately. The VanEck Vectors Semiconductor ETF (SMH) has broken above the range it’s been trading within for the last couple of weeks and is now close to its 52-week high (see daily chart of SMH below).




FIGURE 2. DAILY CHART OF SMH. Semiconductors have been driving the stock market lately and broke out above the range from the last couple of weeks.Chart source: StockCharts.com. For educational purposes.


Looking at individual stocks, NVIDIA Corp. (NVDA) was the most actively traded S&P 500 stock. A handful of big names are hitting new all-time highs, too; this includes Broadcom, Inc. (AVGO), Cisco Systems, Inc. (CSCO), International Business Machines (IBM), JP Morgan Chase (JPM), Microsoft Corp. (MSFT), and Netflix Inc. (NFLX), just to name a few. For the complete list, check out the “New Highs” panel in your StockCharts Dashboard; you’ll likely notice a significant percentage of tech stocks on the list.


The positive price action on Tuesday suggests investors are rotating into growth stocks, which signals further upside moves in the S&P 500 and Nasdaq stocks. Here’s a more encouraging sign: even the S&P 500 Equal-Weighted Index ($SPXEW) is breaking out and moving towards its highs. This indicates that the market’s strength isn’t limited to a few big, heavily-weighted growth stocks; participation is much broader.


Travel Stocks Get a Lift


Beyond tech stocks, consumer discretionary stocks also traded higher. The top three performers in the Consumer Discretionary sector were Carnival Corp. (CCL), Norwegian Cruise Lines Holdings (NCLH), and Caesars Entertainment (CZR). The MarketCarpet for the Consumer Discretionary sector below shows travel stocks were strong performers on Tuesday.




FIGURE 3. MARKETCARPET FOR THE CONSUMER DISCRETIONARY SECTOR. The table on the right shows CCL, NCLH, and CZR were the top performers.Image source: StockCharts.com. For educational purposes.


CCL’s stock price gapped up after the company reported strong earnings and guidance. An increase in cruise line bookings indicates consumer sentiment is strong. As a result, cruise lines and travel stocks traded higher. This goes against June’s Consumer Confidence report, which showed weakening confidence. It didn’t seem to impact the market, but it may come back to bite us depending on what news headlines we are likely to receive on Wednesday.


Closing Position


Tuesday’s price action suggests that equities are back on their bullish track after a period of consolidation. Will the upside move hold, or will a negative news headline bring the bears back into the market?


This is where your StockCharts tools come in handy! Keep a close eye on the performance of the major indexes and other helpful indicators such as the RSI and PPO. By using these tools, you can stay on top of the stock market and make investment decisions with greater confidence.






Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.





		
				
			
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CHARBONE Hydrogen Executed a Master Collaborative Agreement to Receive 1M USD to Support the Deployment of a Malaysian Green Hydrogen Project Development for a Local Partner

						
					  
						
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 (TheNewswire) 

























 The CHARBONE team will serve as expert matter advisors to a private Malaysian financial group for the development and construction of their first modular and scalable production facility in the Asia-Pacific region. 


Brossard, Quebec TheNewswire – June 25, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), North America’s only publicly traded pure-play company focused on green hydrogen production and distribution, is pleased to announce that it has executed a Master Collaborative Agreement with Green Hydrogen ASIAPAC SDN BHD to support the deployment of its first dihydrogen Ultra High Purity (UHP) production flagship facility in Malaysia, based on the CHARBONE modular and scalable model. The decentralized distributed approach for end-users will be part of a new sustainable ecosystem in Malaysia and could eventually be extended to the Asia Pacific region, where CHARBONE could leverage its expertise.




 Through the collaboration agreement, CHARBONE will provide experience in various areas of a complete project development, construction, and operation of the facility. This includes, but is not limited to, site selection, interconnection, power purchase and offtake agreements, front-end engineering and design (FEED), project financing, and the identification and selection of appropriate suppliers, such as engineering, production, and distribution equipment. 


 CHARBONE will share its extensive experience and knowledge gained over the last five years and monetize it. In return, it will diversify and increase its revenue stream through a collaborative approach that will be replicated with other partners and countries in the region, benefiting its shareholders who have been strong supporters of the CHARBONE model for years. 


 The Collaborative Agreement will provide CHARBONE with a single one-time fee that can be paid in cash or invested in the project. CHARBONE is currently negotiating similar agreements and arrangements with other partners in different regions of the globe. 


 ‘  This agreement recognized all the efforts that CHARBONE has deployed over the last five (5) years to create a sustainable ecosystem model that works in the real world and not only in the North American market  ,’  said Dave Gagnon, President and CEO of Charbone. He continued  , ‘  when you look at the current hydrogen market, you do realize that the two most promising markets are North America and Asia-Pacific, which we are starting now.  ‘ 


 ‘  We are delighted to formalize this strategic collaboration with CHARBONE. Their proven modular and decentralized approach aligns perfectly with our vision to accelerate the adoption of green hydrogen in Malaysia and the wider Asia-Pacific region. By leveraging CHARBONE’s unique expertise and advisory capabilities, we are confident that we will deliver a high-quality, scalable, and sustainable production project that will serve as a blueprint for future developments  ,’  said Kamshul Kasim, Executive Chairman of Green Hydrogen ASIAPAC SDN BHD. He continued  , ‘  this partnership marks a significant milestone in our commitment to contribute to Malaysia’s clean energy transition and to position ourselves at the forefront of the emerging green hydrogen economy in the region.  ‘ 


 About CHARBONE Corporation 


 CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit  www.charbone.com  . 


 Forward-Looking Statements 


 This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. 


 Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information. 


 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release  . 










 Contact Charbone Hydrogen Corporation 














 Telephone: +1 450 678 7171 









 Email:  ir@charbone.com 


 Benoit Veilleux 


 CFO and Corporate Secretary 











 Copyright (c) 2025 TheNewswire – All rights reserved. 






News Provided by TheNewsWire via QuoteMedia




This post appeared first on investingnews.com



		
				
			
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Top DOJ official faces test in Senate over nomination to become federal judge

						
					  
						
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Emil Bove will appear Wednesday before the Senate, where he is expected to face tough questions during a hearing about his controversial entrance into Justice Department leadership and former role as President Donald Trump’s personal lawyer.


Trump nominated Bove, who fiercely defended the president during his criminal prosecutions, to serve in a lifetime role as a judge on the Pennsylvania-based Third Circuit Court of Appeals.


Trump said Bove would ‘restore the Rule of Law,’ a remark that came as sitting judges have drawn Trump’s ire for handing down dozens of orders blocking parts of his agenda.


Deputy Attorney General Todd Blanche, who has worked closely with Bove for years, told Fox News Digital in a phone interview ahead of the Senate Judiciary Committee hearing that Bove was a ‘freaking brilliant lawyer’ and that his nomination to the appellate court was a ‘no-brainer.’


Blanche described his colleague as the ‘most gentle, empathetic, great person that anybody could ever work with,’ a characterization sharply at odds with some who have been in Bove’s crosshairs.




In his early years, Bove was a high-achieving student, a division one athlete on his college lacrosse team and a Georgetown University law school graduate.


He went on to clerk for two federal judges and worked for about a decade as federal prosecutor in the Southern District of New York, where he led high-profile terrorism and drug trafficking cases through 2019.




Blanche brought Bove into his private practice, where they tag-teamed Trump’s prosecutions, including by appearing by the president’s side during his six-week hush money trial in Manhattan last year. At the end of it, Trump was convicted by a jury of 34 counts of falsifying business records, marking the lone case out of Trump’s four to lead to a conviction.




Blanche said that behind the scenes, Bove was critical to their defense work and wrote the vast majority of their legal briefs.


In letters to the Senate, a group of Republican state attorneys general said Bove was courageous for representing Trump ‘when few other attorneys would step up.’ Attorney Gene Schaerr called Bove’s brief writing ‘superb.’ One of Bove’s past law firms said he was ’eminently qualified.’


Nearly three dozen retired law enforcement officials praised Bove as a ‘trusted and respected partner,’ saying he had a profound understanding of the Drug Enforcement Administration and was responsible for breaking apart transnational criminal networks.


‘His efforts have directly contributed to high-impact cases that have saved lives and protected vulnerable populations,’ the retired officials wrote. Others heaped similar praise.




The rosy picture that Blanche and Bove’s supporters paint is drastically different from the one presented by a handful of DOJ officials who left the department because of Bove and defense lawyers who observed him in action during his time as a New York prosecutor.


While Bove was serving as acting deputy attorney general ahead of Blanche’s confirmation in March, two top lawyers in the Manhattan U.S. attorney’s office and five officials in the DOJ’s Public Integrity Section chose to abruptly leave their jobs instead of complying with Bove’s order to drop New York Mayor Eric Adams’s federal corruption charges.


During the debacle, a judge dismissed the Democratic mayor’s charges with prejudice, instead of without prejudice as Bove had requested, meaning the Trump administration could not bring the case again.


The judge’s decision came after the ousted lawyers blasted Bove for engaging in a dishonest quid pro quo with the mayor. The chain of events left some conservative legal analysts harshly questioning the wisdom of Bove’s actions, saying it undermined the DOJ’s work.




Trump’s mass deportation plan involved the unprecedented move of invoking a wartime law called the Alien Enemies Act. Bove indicated during an internal meeting in March that he anticipated judges would attempt to shut down the operation, according to attorney Erez Reuveni.


Reuveni, a 15-year DOJ veteran who was fired after struggling to defend one of the Trump administration’s deportation during a Maryland court hearing, said in a whistleblower complaint published Tuesday that Bove shocked meeting attendees by telling them they would ‘need to consider telling the courts ‘f*** you’ and ignore any such court order.’




Reuveni said Bove’s remarks were far afield of anything he had heard at DOJ during his tenure there and that court defiance and misleading judges were a hallmark of the department during some of the most controversial immigration cases that arose in March.


DOJ attorneys have been admonished by judges for appearing to flout court orders, but they have, thus far, avoided being held in contempt of court and other sanctions.




Bove was known by some of his peers as a zealous prosecutor during his SDNY days, but defense lawyers were alarmed by his ruthlessness. Some viewed him as vicious, rude and power-hungry, according to interviews with attorneys and media reports.


One longtime defense lawyer who crossed paths with Bove in New York told Fox News Digital the nominee was an arrogant ‘bully’ and browbeat people.




In 2018, a band of defense lawyers said in emails reported by the Associated Press that Bove needed ‘adult supervision’ and could not ‘be bothered to treat lesser mortals with respect or empathy.’


A retired New York City FBI agent told the Associated Press that Bove’s perceived turnabout on Jan. 6 riot cases was ‘almost like Dr. Jekyll and Mr. Hyde.’ Bove showed no outward concerns while in New York when he helped with prosecuting the cases, the retired agent said.


When Bove stepped into his role at Trump’s DOJ, he warned the FBI in a formidable memo that leadership would take ‘personnel action’ against FBI agents who participated in Jan. 6 cases, which Trump ‘appropriately described as a ‘grave national injustice’ that has been perpetrated upon the American people,’ Bove wrote. The notion that thousands of employees who interacted in some way with a Jan. 6 case would see their jobs at risk prompted Bove to issue a follow-up note clarifying that employees who merely followed orders had no reason to worry.


An online petition launched by retired New York federal prosecutor Laurie Korenbaum has dozens of signatures as of this publishing and calls Bove’s nomination a ‘travesty.’


Senate Judiciary Committee Democrats have demanded more information on Bove’s time at SDNY, signaling they plan to grill Bove over it during the hearing.


Blanche told Fox News Digital the viewpoints surfacing in the media about Bove were ‘distorted.’


‘The misconception about him is completely driven by kind of a fear that if he takes the bench, he’s going to do something crazy, which he will not,’ Blanche said.




This post appeared first on FOX NEWS



		
				
			
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How Fanatics is teaching business acumen to pro athletes

						
					  
						
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Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field.


More than two dozen NBA, NFL and NHL players participated in the company’s Athlete Immersion Program this past weekend as part of Fanatics Fest in New York City. The program included three days of workshops on business, entrepreneurship, tech and more.




“This definitely opened my eyes,” said Cole Anthony, a guard for the NBA’s Memphis Grizzlies. “I’m already trying to do things on the business side with my partners, my family. It just motivates me more.”


The “coaches” for the business boot camp included Fanatics founder Michael Rubin, Goldman Sachs CEO David Solomon, Apollo Global cofounder and Philadelphia 76ers managing partner Josh Harris, Raising Cane’s founder Todd Graves, ESPN Chairman Jimmy Pitaro and Boardroom cofounder and CEO Rich Kleiman.


Aaron Donald, who retired from the NFL’s Los Angeles Rams in 2024 after winning the Super Bowl, has already begun a new career in business, including an ownership stake in sports nutrition company Ready. But Donald, likely a future Hall of Famer, said he was blown away by the all-star team of business leaders.


“I think it’s one of hell of an opportunity,” said Donald. “I’m in a room with guys running companies worth billions of dollars. How many opportunities are you going to get to do that? You have to take advantage of all of those opportunities and knowledge.”


Fanatics launched the Athlete Immersion Program in 2023 and this year is partnering with Boardroom, a media and advisory company cofounded by Kleiman and NBA superstar Kevin Durant.


“I think it’s great to be able to give them a bit of a blueprint,” said Kleiman. “Being able to put them in the room with people that have the answers, that have done it, that lead industries. I think you get so much power and opportunity just from the information you get from watching, from learning and from being in these rooms and understanding how to move.”


Kleiman pointed to former NBA player Junior Bridgeman, who made less than $3 million during his 12-year career in the league, but built a net worth of more than $1 billion after retirement primarily through investments in Wendy’s, Pizza Hut and Chili’s franchises and then later through Coca-Cola distribution.


“What he did, he’s exceptional,” said Kleiman of Bridgeman, who died in March. “He wasn’t just a name. He actually built an operational team, built them up, oversaw them, and he was a tycoon of a business mind.”


Fanatics Chief People Officer Toretha McGuire said the program is focused on helping athletes use their playing days, what they describe as their “1.0 career” to fuel their “2.0 career.”


It’s an experience similar to a business school with lectures, case studies and projects, in which each athlete creates their own limited-edition clothing line with vintage sports apparel company Mitchell & Ness, a subsidiary of Fanatics.


“They go through a base business case, we teach them business fundamentals, we take them through the Fanatics business case where we bring them to 2021 where Michael [Rubin] did a final capital raise and we basically say, ‘What would you have done?’” McGuire said.


Most professional athletes retire from playing when they’re still young, she added.


“The opportunities they have in their 1.0 careers in terms of access and expanding their networks are going to be very critical,” she said.


Graves, who founded the popular fried chicken chain Raising Cane’s, spoke on a panel about the realities and challenges of entrepreneurship


“If you absolutely want to start a business, imagine how hard it is, multiply that by infinity to be able to make it work,” he said. “You have to be passionate, you have to be in the details 100%. And you have to know what you don’t know, right? So that is bringing in great people to try and grow it.”


The Athlete Immersion Program is meant to be a continuous learning opportunity through which players receive support, education and networking opportunities from Fanatics and Boardroom before and after they begin their business journey.


The next session will be held in December for WNBA, NWSL and MLB athletes in the offseason.


For Anthony, who was recently traded to the Grizzlies from the Orlando Magic, it’s also shown him the real parallels between competing in sports and competing in business.


“The common thing with everyone who has spoken to us and I’ve been able to talk to one-on-one is that every person I met here has been a grinder,” he said. “They make whatever it is they are passionate about, or what they are working on their priority. I think that’s just dope to hear from other people I can relate to in that sense.”


A decade ago, reports suggested 16% of NFL players ultimately filed for bankruptcy — a sign of the type of financial strain many professional athletes face and a cautionary tale of life after the game.


But today, many of the people participating in the Fanatics curriculum believe opportunities like the Athlete Immersion Program can change the narrative — and their financial future.


For Donald, who will be remembered as one of the greatest defenders in NFL history, the focus now is finding the greatest opportunities for the next chapter of his life.


“It would be silly for me to stop the hard work, discipline, the structure that got me to a certain point,” he said. “I’m trying to build generational wealth for my kids.”




This post appeared first on NBC NEWS



		
				
			
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