GameStop halved in possible end to Reddit craze

Shares of GameStop were cut in half on Tuesday and silver prices retreated as the Reddit-driven trading frenzy appeared to have fizzled. Conway G. Gittens has more.

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    India's foreign minister arrived in Bangladesh on Thursday ahead of a visit by Prime Minister Narendra Modi amid efforts to resolve the fate of 81 Rohingya refugees who are on a boat adrift in international waters. Foreign Minister S. Jaishankar will hold talks with his Bangladeshi counterpart on water sharing, trade and border issues, said two Indian officials in New Delhi. "Of course, the Rohingya refugee issue will come up during the Indian minister's day-long visit but the prime agenda will remain around Modi's upcoming visit," said a senior foreign ministry official, speaking on condition of anonymity as he was not authorised to speak to the media.

  • White House admits Biden cannot force people to wear masks or get vaccines as Texas and Mississippi drop safeguards

    With Republican governors in Texas and Mississippi rolling back Covid-related public health safeguards, the Joe Biden administration has recognised the stark reality when it comes to overseeing the pandemic response: There’s only so much the White House can do. On Wednesday, Mr Biden was highly critical of Governors Greg Abbott of Texas and Tate Reeves of Mississippi, who have both decided to dispense with mask mandates in their states and limitations on businesses, including restaurants that had previously been forced to operate at reduced capacity.

  • ‘Always up for a fight’: Mike Pompeo refuses to rule out presidential run on Hannity

    ‘I’m always up for a good fight,’ says Trump ally

  • Pope calls for release of Myanmar political prisoners

    At least 30 people have been killed since the coup on Feb. 1. The pope visited Myanmar in 2017.Francis, speaking at the end of his general audience, appealed directly to Myanmar's military authorities "so that dialogue prevails over repression and harmony over discord."He also appealed to the international community "to see to it that the hopes of the people of Myanmar are not suffocated by violence".

  • ‘Textbook voter suppression’: How Trump’s stolen election lies are shaping the future of democracy

    Republicans in 43 states have introduced more than 250 bills restricting voting rights, underscoring urgency in Congress to pass sweeping elections legislation, Alex Woodward reports

  • Analysis: Biden aims to manage expectations with pandemic

    President Joe Biden doesn’t just have to manage the coronavirus pandemic — he also has to manage people’s expectations for how soon the country will come out of it. At every turn, as the Biden administration works to inoculate every adult American, the president is tempering bullish proclamations about the nation’s vaccine supply with warnings about the challenges ahead. The Biden administration has been moving to scale up capacity to administer vaccines at an ever-faster clip.

  • Fashion shows have gone digital, seemingly for good

    2020 saw fashion shows go digital. For the spring 2021 season, it’s pre-recordings, audience-free livestreams, with some designers even absenting themselves from the catwalk calendar. It’s a new look that many expect will endure when traditional runway shows resume. [Chief Executive of The British Fashion Council, Caroline Rush]: "Digital first is absolutely something that we will continue to see.”[The Business of Fashion Journalist, Lauren Sherman]: “There's been a real shift in the balance of power.”Widespread restrictions have forced New York, London, Milan and Paris fashion weeks to go virtual and many brands had to rethink how to keep the buzz of catwalk shows online. While streaming shows is nothing new, lockdowns accelerated a shift in an industry that had already been turning to social media in recent years to target younger spenders. This season most brands decided against expensive catwalk events, instead streaming pre-recorded videos on a fashion week platform and in turn opening up fashion week to a wider audience. Some labels, including Gucci and Tommy Hilfiger, sat out fashion week altogether.Versace is presenting its collection after its usual showcase, Milan Fashion Week, ends.[The Business of Fashion Journalist, Lauren Sherman]: "Yes, we will see physical runway shows from these very, very large brands who can afford to put on multimillion dollar entertainment events. But they may not be during the traditional fashion week and they may have audiences that are primarily made up of customers. So, I think there's there's been a real shift in the balance of power that was already happening, again it was happening pre-pandemic. But, but now the there's proof of concept that if you want to ignore Fashion Week, it's probably not going to hurt your bottom line." It doesn’t signal the end of live events.Many are optimistic about a return to the events usually attended by buyers, editors and celebrities - but with a shift.[Chief Executive of The British Fashion Council, Caroline Rush]: "Digital first is absolutely something that we will continue to see. I think particularly to businesses, this may be as we go back to shows, we'll have smaller shows, we'll also be thinking about the assets, of the way they can engage with these audiences that actually have been big supporters of them through this past year and been championing their creativity and collections and have been an inspiration to the brands and to the designer businesses to really keep them going." Rebecca Minkoff was one of the few designers to hold a live presentation in New York.[Designer Rebecca Minkoff]: "I think the spectrum goes from doomsday to celebratory, I think at least I know I'm aching to get back to some sort of sense of community, of people being able to see each other. I think a large part of Fashion Week outside of the shows was the community getting to be together and feed off of that creativity. And so, with that lacking, it's a, you know, it's not the same. But I think for those who are able to be creative and innovative, now is the time to figure out how you pivot and for those that do, I think there is great opportunity." This season also saw plenty of bright colors, reflecting what seems to be new optimism for an industry that saw a very difficult year. [Designer Mark Badgley]: "I think we all know there's this pent up desire for a return to normalcy. People are so desperate to congregate, to have a good time, to look beautiful and I think it will show in the clothing." [The Business of Fashion Journalist, Lauren Sherman]: “Now that there is a light at the end of the tunnel while the financial burdens are not gone and the challenges are not gone, there is a sense of, ok, we are going to be able to pick up and go again. And, and that has shown through in the collections."

  • 'Star Wars' actress Kelly Marie Tran left social media after racist and sexist trolls drove her to therapy

    "If someone doesn't understand me or my experience, it shouldn't be my place to have to internalize their misogyny or racism," Tran said.

  • Civil War: Trump attacks Republican strategist Rove, who fires back

    Former President Donald Trump intensified his war with the Republican establishment on Thursday by attacking Karl Rove, a longtime Republican strategist who criticized Trump's first speech since leaving office for being long on grievances but short on vision. "He’s a pompous fool with bad advice and always has an agenda," Trump complained in a statement issued by his office in Palm Beach, Florida. Rove, the architect of Republican George W. Bush's presidential victories in 2000 and 2004, wrote in an opinion article in the Wall Street Journal on Thursday that Trump's speech last Sunday to the Conservative Political Action Conference was wanting.

  • ‘Impossible to trace.’ Tech savvy dad may be holding daughter captive in WA, cops say

    “He is communicating in a way that’s almost impossible to trace, which makes it extremely difficult for investigators to generate significant leads.”

  • Fox Sports reportedly gave Skip Bayless a $32 million contract to keep him from going back to ESPN

    Skip Bayless is reportedly staying at Fox Sports for a reported $8 million per year after ESPN pursued him with offers in the same salary range.

  • A New Orleans police officer groomed and raped a 14-year-old girl he was assigned to take to a rape kit exam, a lawsuit alleges

    The lawsuit alleges the officer began grooming the girl as they sat in the waiting room of a New Orleans children's hospital.

  • Live stimulus updates: Kamala Harris breaks Senate tie to begin debate on Joe Biden's COVID stimulus bill

    “It’s time to move forward with this legislation which will be one of the largest antipoverty bills in recent history,” Sen. Chuck Schumer said.

  • These are the 18 'problematic' classic films TCM will examine in a new series

    "Gone With the Wind," "Psycho" and "Breakfast at Tiffany's" are among the classic films that TCM will air and reconsider in its new series "Reframed."

  • Senate bill narrows who can receive $1,400 stimulus checks. Here’s who’s eligible

    It's estimated that the change to the bill will affect more than 7 million families across the United States.

  • Man pictured with feet on Pelosi's desk yells at judge: "It's not fair"

    The Arkansas man who was pictured with his feet on House Speaker Nancy Pelosi's desk during the Jan. 6 insurrection had an outburst in court Thursday, yelling at the judge and his own lawyers that it isn't "fair" he is still in jail, KNWA reports. Background: Richard Barnett, 60, has been asking to be freed on bond since he was arrested days after the attack at the Capitol, per the New York Times. Barnett lost his patience after D.C. District Court Judge Christopher Cooper continued his trial until May 4.Get market news worthy of your time with Axios Markets. Subscribe for free.“I’ve been here a long time … another month … It’s not fair,” Barnett said, per KNWA. “You’re letting everyone else out, I need help,”He has pled not guilty to charges of aiding and abetting, disorderly conduct in a Capitol building, parading or demonstrating in a Capitol building, and theft of government property.Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • Biden supports making a temporary $3,000 payment to parents in the stimulus bill permanent going forward

    Senate Democrats want to make the larger tax credit permanent and give families an option to receive monthly checks. Biden wants a permanent one too.

  • Capitol riot's 'QAnon Shaman' defends himself by claiming he 'stopped somebody from stealing muffins'

    A suspect charged in the deadly Jan. 6 attack on the Capitol building is speaking from jail in a new interview — and offering a unique defense positioning himself as simply a savior of baked goods. Jacob Chansley, the Capitol riot suspect who refers to himself as the "QAnon Shaman" and was photographed during the insurrection wearing fur and horns, spoke with 60 Minutes in an interview broadcast Thursday, in which he claimed his "actions were not an attack on this country" as he faces up to 20 years in prison for them. "I sang a song, and that's a part of shamanism," he said. "...I also stopped people from stealing and vandalizing that sacred space, the Senate, okay. I actually stopped somebody from stealing muffins out of the break room." Chansley neglected to mention the fact that, during the deadly insurrection, he allegedly left a threatening note for former Vice President Mike Pence warning, "It's only a matter of time, justice is coming." He was charged with "knowingly entering or remaining in" a restricted building and "violent entry and disorderly conduct," and prosecutors noted he carried around "a spear, approximately 6 feet in length," during the riot. Prosecutors have also said he "incited fellow Trump supporters rioting inside the Capitol building and disobeyed police orders," The Wall Street Journal reports. Despite this, Chansley, who said he regrets "entering that building," bemoaned the fact that former President Donald Trump never pardoned him or any of the other Capitol rioters, telling 60 Minutes this "wounded me so deeply" and "disappointed me so greatly." Still, Chansley added that even though he didn't get the pardon he wanted, he still doesn't regret his loyalty to Trump. The "QAnon Shaman" of the January 6th attack on the Capitol tells his story for the first time from jail, as he faces up to 20 years behind bars. Jacob Chansley spoke with @60minutes+'s @LaurieSegall pic.twitter.com/uhUuFNHRvf — CBS This Morning (@CBSThisMorning) March 4, 2021 More stories from theweek.com7 scathingly funny cartoons about Trump's CPAC appearanceTrump wants revenge on Alaska's Sen. Murkowski. His advisers think he won't follow through because the flight is too long. Trump inadvertently boosts Biden's stimulus messaging with another statement raging against McConnell

  • Trump inadvertently boosts Biden's stimulus messaging with another statement raging against McConnell

    Former President Donald Trump has released a new post-presidency statement, and Democrats might just be glad he did. The former president, who remains permanently banned from Twitter, released a statement Thursday once again raging against Senate Minority Leader Mitch McConnell (R-Ky.), blasting him as the "most unpopular politician in the country" while blaming him for Republicans' Senate losses in Georgia — losses for which Trump himself has been blamed by other Republicans. One of the reasons Republicans lost the two Georgia Senate runoffs in January, Trump argues, was "Mitch McConnell's refusal to go above $600 per person on the stimulus check payments when the two Democrat opponents were touting $2,000 per person in ad after ad." The statement offered "quite the pre-stimulus political gift to Democrats," wrote National Journal's Josh Kraushaar, while The Washington Post's Dave Weigel noted that Trump "remarkably" used this opportunity to "validate Biden's messaging on the $1,400 checks instead of whacking him and Democrats for curtailing them." Remarkably, Trump also uses this statement to validate Biden's messaging on the $1400 checks instead of whacking him and Democrats for curtailing them. "The $2000 will be approved anyway by the Democrats." https://t.co/M9dXoX13VS — Dave Weigel (@daveweigel) March 4, 2021 Indeed, Trump writes that "the $2,000 will be approved anyway by the Democrats," while offering no comment on the fact that the new checks are actually for $1,400, nor on Biden's recent compromise that narrows the eligibility. Politico's Gabby Orr observed that Trump "could have put out a statement saying the income phase-outs in the Biden stimulus bill are going to mean he gave checks to more Americans," but "instead he's still targeting his own party with stuff like this." This was just Trump's latest statement in this vein after he released another one last month describing McConnell as an "unsmiling political hack." He also mentioned McConnell in a recent Conservative Political Action Conference speech, in which he took credit for McConnell's recent re-election. McConnell told Fox News he "didn't watch" the speech and that "we're dealing with the present and the future, not looking back to the past." More stories from theweek.com7 scathingly funny cartoons about Trump's CPAC appearanceTrump wants revenge on Alaska's Sen. Murkowski. His advisers think he won't follow through because the flight is too long. The Republican grievance perpetual motion machine

  • GOP Sen. Marsha Blackburn says being called a 'Neanderthal' is actually a good thing after Biden criticized states for lifting mask mandates

    They're "hunter-gatherers. They're protectors of their family. They are resilient," Blackburn said of Neanderthals, which are extinct.