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Don’t Look at Stock Markets. Look at the Ports.

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 Stock markets plunged for days after President Donald Trump announced steep tariffs on imports from around the world. The sell-off ebbed only when he suspended most, but not all, of the new measures for 90 days. The ticker tape is just one indicator of an economy, and other signs are growing more and more ominous—including at the Port of Los Angeles, where high tariffs on China are crushing maritime traffic. “Essentially all shipments out of China for major retailers and manufacturers have ceased,” Eugene Seroka, the executive director of the port, said on April 24. Trump views tariffs as essential to rebuilding the manufacturing economy that the United States once had. But his erratic tariff announcements have badly disrupted the economy that the country has today, and that pain is already being felt in the world of logistics. “These are big, massive bullwhips that have not been seen since COVID,” Evan Smith, the CEO of the supply-chain-management company Altana Technologies, to...

Liverpool transfer news as new contract planned and $53M right-back eyed

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 Liverpool will hold contract talks with Luis Diaz at the end of the season as the club plans to bring his salary in line with its other top players. Diaz is currently on the same terms that he agreed when he signed for the club in January 2022. As such, he's paid far less than some of Liverpool's biggest stars. But he has been an important player for Arne Slot's team this season and Sky Sports says that Liverpool is set to offer a deal that reflects his status, and wards off transfer speculation. He will not earn anything like the money that Mohamed Salah and Virgil van Dijk are on — they are understood to be viewed as special cases who do not fit into the wage structure that the rest of the squad is subjected to — but he is set for a significant pay hike. According to Capology, Diaz currently earns £55,000 ($73,000) per week, which is significantly lower than players of a similar standing in the squad. Cody Gakpo, Darwin Nunez, Diogo Jota, and Federico Chiesa are all rep...

Donald Trump repeats call to make Canada 51st state in unhinged Canadian election day rant

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 Donald Trump unleashed an unhinged rant about Canada as he reiterated his calls to make the country the 51st state — on Canada's own election day. Canada will select a new prime minister on Monday, an election that could determine the nature of the North American country's relationship with its southern neighbor, the U.S. "Good luck to the Great people of Canada. Elect the man who has the strength and wisdom to cut your taxes in half, increase your military power, for free, to the highest level in the World, have your Car, Steel, Aluminum, Lumber, Energy, and all other businesses, QUADRUPLE in size, WITH ZERO TARIFFS OR TAXES, if Canada becomes the cherished 51st. State of the United States of America," Trump wrote on Truth Social early Monday morning. "No more artificially drawn line from many years ago. Look how beautiful this land mass would be," Trump continued. "Free access with NO BORDER. ALL POSITIVES WITH NO NEGATIVES. IT WAS MEANT TO BE!...

Rock & Roll Hall of Fame 2025 inductees are here. See who made the list.

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 The boys club that comprises this year’s Rock & Roll Hall of Fame class also contains a female solo musician who has always been a striking presence: Cyndi Lauper. She's among the seven new inductees, whittled from a list of 14 announced earlier this year, who spotlight a more conventional rock lineup – excepting Atlanta hip-hop innovators Outkast – than the genre diverse classes of recent years. The newest entrants, announced during the live broadcast of the “Rock & Roll Hall of Fame Night” episode of “American Idol" on April 27, are: When does the Rock & Roll Hall of Fame ceremony air? The full induction ceremony airs live Nov. 8 from the Peacock Theater in Los Angeles on Disney+ and arrives on Hulu the next day. A condensed version will air on ABC at a yet-to-be-announced date. Those who didn’t make the cut this year include The Black Crowes, Billy Idol, Maná and Phish – all first-time nominees – along with Mariah Carey and Oasis (both nominated in 2024 for the...

NBA great Jason Kidd joins ownership group of Premier League soccer club Everton

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 NBA great Jason Kidd has entered the soccer world by joining the ownership group of English Premier League club Everton. The Hall of Fame point guard and current Dallas Mavericks coach said he was “honored” to join Roundhouse Capital Holdings, which is part of the Friedkin Group that took control of Everton last year. The group also owns Italian team Roma. In a statement released Thursday by Everton, executive chairman Marc Watts said Kidd’s “knowledge and winning mentality will be an incredible resource” for a nine-time English champion which is without a major trophy since 1995 and has been battling relegation in recent years. Kidd “is a respected leader and household name for many sports fans,” Watts said, “and will bring a deeper understanding of high performance as we collectively strive to build a brighter future for this storied club.” Kidd won an NBA title as a player with the Mavericks in 2011 and was a two-time Olympic gold-medal winner with the U.S. national team, in 2...

China reveals worrying plans to build nuclear power plant on moon with Russia

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 China has revealed they are considering plans to build a nuclear power plant on the Moon, in order to power a potential research facility the country is reportedly planning with Russia . China has ramped up its space program in recent decades, promising to put astronauts on the Moon by 2030. The country's Chang'e-8 mission scheduled for 2028 would potentially lay the groundwork for a permanent manned lunar base. During a presentation given by a senior government official on Wednesday in Shanghai, the 2028 mission's Chief Engineer Pei Zhaoyu said the proposed lunar base could also rely on large-scale solar arrays, pipelines and cables for heating and electricity. Russia's space agency announced last year that it was planning to build a nuclear reactor on the Lunar surface in conjunction with the China National Space Administration (CNSA) to power the International Lunar Research Station (ILRS). The inclusion of a proposed lunar nuclear reactor in China's space prese...

Man City star tipped ‘to quit’ with ‘offer’ to ‘turn his head’; Guardiola snubs ‘automatic replacement’

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 According to reports, one Manchester City star is ‘increasingly likely to quit’ the Premier League side during this summer’s transfer window. Man City have massively declined this season as they exited the Premier League title race before the New Year. Pep Guardiola‘s side have struggled without Rodri, but his season-ending injury has purely acted to speed up their decline and a huge squad rebuild is required. Man City were comfortably Europe’s biggest spenders in January and they are also expected to invest heavily this summer. Club chiefs need to find a replacement for Kevin De Bruyne, who recently announced his summer exit, and could also look to sign a new goalkeeper. Ederson was once one of the best goalkeepers in the Premier League, but his performances have dipped this season and he’s heavily linked with a potential move to the Saudi Pro League. The 31-year-old is under contract until 2026, but he could leave for a fee this summer as a transfer is ‘increasingly likely to q...