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Video Details FOX Sports’ Tom Rinaldi joins the First Things First squad to dive into the Indy 500’s intensity and what makes it the hardest race and arguably, sporting event. He then breaks down how drivers combat fear on the track. 13 HOURS AGO・first things first・4:09
AFTER receiving the royal treatment and loving every moment of the opulent receptions, US President Donald Trump on Friday (May 16) concluded a three-nation tour of the Persian Gulf that resulted, among other things, in announcements of business deals with the wealthy states in the oil-rich region that are expected to pump money into the American economy.Indeed, from the moment he got off Air Force One, warmly greeting Saudi Crown Prince Mohammed bin Salman, Trump seemed to be focused on securing deals worth hundreds of billions of dollars to the business executives he brought with him, including a large order…
NASA’s Apollo missions brought back moon rock samples for scientists to study. We’ve learned a great deal over the ensuing decades, but one enduring mystery remains. Many of those lunar samples show signs of exposure to strong magnetic fields comparable to Earth’s, yet the Moon doesn’t have such a field today. So, how did the moon rocks get their magnetism? There have been many attempts to explain this anomaly. The latest comes from MIT scientists, who argue in a new paper published in the journal Science Advances that a large asteroid impact briefly boosted the Moon’s early weak magnetic field—and…
[SINGAPORE] Chinese EV maker XPeng could soon turn profitable, as strong vehicle sales and consensus-beating financials paint a bullish outlook, securities firm CGSI has said.CGSI analysts on Thursday (May 22) raised the firm’s target price to HK123.80 from HK121.40, and reiterated their “add” call. XPeng shares last closed at HK81.30 on Thursday. Its shares are also traded in the US.The analysts cited higher delivery forecasts, robust EV shipping growth and “significantly improved” Q1 results, which beat consensus from CGSI and Bloomberg. CGSI analysts Ray Kwok and Sera Chen, highlighting the firm’s surpassing of estimates with its improved performance, said: “We expect…
Global demand for smart watches is climbing fast, but a quiet quarter for the Apple Watch let Xiaomi reclaim the top spot. The global wearable band market grew 13% year over year in the first quarter of 2025, reaching 46.6 million shipments, according to new data from Canalys. The rebound was driven by broad demand across categories, especially in emerging markets, and a low comparison base from the first quarter of 2024. Xiaomi surged back into the lead with 8.7 million units shipped, up 44% from 2024. The company credited strong Redmi Band 5 sales and deeper integration through HyperOS, its custom…
President Trump said this week he may take Fannie Mae and Freddie Mac public, winding down 17 years of federal control over two central parts of the U.S. housing market — a move that was cheered on by Trump ally and noted Wall Street investor Bill Ackman.Ending the conservatorship of Fannie and Freddie — which guarantee trillions of dollars worth of mortgages — would be complicated, and critics say it’s risky. A plan to do so in Mr. Trump’s first term did not come to pass. But the president says he’ll decide “in the near future” whether to try again,…
[NEW YORK] JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty, it said on Monday (May 19).Net interest income (NII) – the difference between what the bank pays on deposits and earns from interest payments – could rise by US$1 billion this year, chief financial officer Jeremy Barnum told investors.Still, it was too early to change the full-year NII outlook of US$94.5 billion, Barnum said. The bank has repeatedly warned that it was over-earning on NII.“The evolving tariff environment, combined with the preexisting geopolitical tensions, adds significant uncertainty into the…
WASHINGTON — WASHINGTON (AP) — Robert F. Kennedy Jr. clinched the political support needed to become the nation’s top health official by pledging to work within the decades-old federal system for approval and use of vaccines. Yet his regulators are promising big changes that cloud the outlook for what shots might even be available.The Food and Drug Administration will soon “unleash a massive framework” for how vaccines are tested and approved, according to Commissioner Marty Makary. Details aren’t yet public but the plan is being overseen by the agency’s new vaccine chief, Dr. Vinay Prasad, an outspoken critic of the…
[SINGAPORE] More companies in Singapore view artificial intelligence (AI) as a “practical tool” for growth and innovation today, with many already moving past the experimentation stage and actively deploying AI in their daily operations.Senior Minister of State for Digital Development and Information Tan Kiat How said this at the inaugural Design AI and Tech Awards ceremony on Monday (May 19), an event that recognised enterprises that harness design, AI and technology to tackle real business challenges.Tan noted that, according to latest available figures, enterprise adoption of AI has grown steadily from 34 per cent in 2022 to 46 per cent…
[DENVER] WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook before he sold the company to Mark Zuckerberg, a claim that bolsters Meta’s defence as it faces federal antitrust allegations.“We had no ambition to build Facebook-like functionality like a feed or any Facebook-like features,” Acton said on Tuesday (May 20) during testimony at a federal courthouse in Washington. He also said that WhatsApp could have stuck with a subscription business instead of selling targeted ads if the service had remained independent. Acton’s comments came as part of the US…