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Trump Slams Bad Bunny’s Halftime Show as “Un-American”

                                                       Bad Bunny and Donald Trump  Former President Donald Trump sharply criticized Bad Bunny’s Super Bowl halftime performance, calling it “a slap in the face” to the United States. In a post-game reaction, Trump argued that the Spanish-language performance failed to represent American culture and claimed it was inappropriate for a national event watched by millions of families. His comments quickly ignited debate, with supporters echoing concerns about cultural representation and critics accusing him of dismissing the diversity that defines modern American entertainment. Bad Bunny, one of the world’s most streamed artists, has not publicly responded, but the conversation around the show continues to dominate post–Super Bowl chatter.

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Anticipation and Reaction to Fed’s Rate Decision

 


As investors braced for the U.S. Federal Reserve’s decision, North American stock markets experienced a mixed close. The Fed maintained its key interest rate at 5.25%-5.50%, leaving the future of rate cuts uncertain. Despite this, the S&P 500 and Nasdaq dipped, while the Dow Jones and S&P/TSX Composite saw modest gains.

Fed Chair Jerome Powell’s press conference offered a glimmer of hope as he dismissed the likelihood of an immediate rate hike, causing a surge in market optimism. He acknowledged the persistent issue of inflation but expressed confidence in the progress towards the 2% target.

The labor market showed signs of normalization, with job openings at a three-year low2. Meanwhile, the earnings season is more than halfway through, with a majority of S&P 500 companies surpassing consensus expectations.

In the corporate landscape, AMD’s AI chip sales forecast led to a 9% drop in its shares, while Amazon’s AI-driven cloud growth pushed its stock up by 2.2%. Johnson & Johnson plans to proceed with a multi-billion-dollar lawsuit settlement, and Starbucks faced a significant sales forecast cut.

The energy sector took a hit due to falling oil prices and a potential Middle East ceasefire, while uranium miners saw a boost from a U.S. ban on Russian imports. Canadian manufacturing activity continued to contract, reflecting ongoing economic challenges.

In summary, the market’s response to the Fed’s decision was a complex interplay of anticipation, relief, and sector-specific movements, highlighting the intricate dynamics of financial markets.

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