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March 15, 2025

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Is a new market uptrend on the horizon? In this video, Mary Ellen breaks down the latest stock market outlook, revealing key signals that could confirm a trend reversal. She dives into sector rotation, explains why defensive stocks are losing ground, and shares actionable short-term trading strategies for oversold stocks. Don’t miss these crucial market insights to spot the next rally before it takes off!

This video originally premiered March 14, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

The head of the Islamic State in Iraq and Syria has been killed in Iraq in an operation by members of the Iraqi national intelligence service along with US-led coalition forces, the Iraqi prime minister announced Friday.

“The Iraqis continue their impressive victories over the forces of darkness and terrorism,” Prime Minister Minister Mohammed Shia al-Sudani said in a statement posted on X.

Abdallah Maki Mosleh al-Rifai, or “Abu Khadija,” was “deputy caliph” of the militant group and “one of the most dangerous terrorists in Iraq and the world,” the statement said.

On his Truth Social platform Friday night, US President Donald Trump said: “Today the fugitive leader of ISIS in Iraq was killed. He was relentlessly hunted down by our intrepid warfighters” in coordination with the Iraqi government and the Kurdish regional government.

“PEACE THROUGH STRENGTH!” Trump posted.

A security official said the operation was carried out by an airstrike in Anbar province, in western Iraq. A second official said the operation took place Thursday night but that al-Rifai’s death was confirmed Friday. They spoke on condition of anonymity because they were not authorized to comment publicly.

The announcement came on the same day as the first visit by Syria’s top diplomat to Iraq, during which the two countries pledged to work together to combat IS.

Iraqi Foreign Minister Fouad Hussein said at a news conference that “there are common challenges facing Syrian and Iraqi society, and especially the terrorists of IS.” He said the officials had spoken “in detail about the movements of ISIS, whether on the Syrian-Iraqi border, inside Syria or inside Iraq” during the visit.

Hussein referred to an operations room formed by Syria, Iraq, Turkey, Jordan and Lebanon at a recent meeting in Amman to confront IS, and said it would soon begin work.

The relationship between Iraq and Syria is somewhat fraught after the fall of former Syrian President Bashar al-Assad. Al-Sudani came to power with the support of a coalition of Iran-backed factions, and Tehran was a major backer of Assad. The current interim president of Syria, Ahmad al-Sharaa, was previously known as Abu Mohammed al-Golani and fought as an al-Qaida militant in Iraq after the US invasion of 2003, and later fought against Assad’s government in Syria.

But Syrian interim Foreign Minister Asaad Hassan al-Shibani focused on the historic ties between the two countries.

“Throughout history, Baghdad and Damascus have been the capitals of the Arab and Islamic world, sharing knowledge, culture and economy,” he said.

Strengthening the partnership between the two countries “will not only benefit our peoples, but will also contribute to the stability of the region, making us less dependent on external powers and better able to determine our own destiny,” he said.

The operation and the visit come at a time when Iraqi officials are anxious about an IS resurgence in the wake of the fall of Assad in Syria.

While Syria’s new rulers – led by the Islamist former insurgent group Hayat Tahrir al-Sham – have pursued IS cells since taking power, some fear a breakdown in overall security that could allow the group to stage a resurgence.

The US and Iraq announced an agreement last year to wind down the military mission in Iraq of an American-led coalition fighting the Islamic State group by September 2025, with US forces departing some bases where they have stationed troops during a two-decade-long military presence in the country.

When the agreement was reached to end the coalition’s mission in Iraq, Iraqi political leaders said the threat of IS was under control and they no longer needed Washington’s help to beat back the remaining cells.

But the fall of Assad in December led some to reassess that stance, including members of the Coordination Framework, a coalition of mainly Shiite, Iran-allied political parties that brought current Iraqi Prime Minister Mohammad Shia al-Sudani to power in late 2022.

This post appeared first on cnn.com

Donatella Versace announced Thursday that she is stepping down as chief creative officer of Versace, ending her nearly 30-year-long stint at the Italian luxury fashion empire’s helm.

Versace, 69, took on the role to lead the luxury fashion house after her brother and its founder, Gianni Versace, was fatally gunned down outside his Miami Beach mansion in 1997.

‘It has been the greatest honor of my life to carry on my brother Gianni’s legacy,’ Versace wrote on Instagram. ‘He was the true genius, but I hope I have some of his spirit and tenacity.’

Following her brother’s death — and despite not having a background in design or fashion — Versace quickly became a living embodiment of the Versace brand and remains a beloved figure within the fashion industry.

Italian fashion designer Gianni Versace.Toni Thorimbert / Sygma via Getty Images file

The 69-year-old’s iconic pin-straight blond hair and her unparalleled ability to bring together the industry’s top models, including Naomi Campbell and Cindy Crawford, for the fashion house’s out-of-this-world runway shows became as emblematic of the brand as its gold mythological logo.Emmanuel Gintzburger, CEO of Versace — whose parent company is fashion conglomerate Capri Holdings — said that the brand ‘is what it is today because of Donatella Versace and the passion she has brought to her role every day for nearly thirty years.’

‘The universal values she stands for and her love for uncompromised creativity anchored Versace far beyond a brand or a company,’ he said in a statement. ‘Working alongside her has been an incredible privilege and pleasure.’

Dario Vitale, the former design and image director of Italian brand Miu Miu, will lead the fashion house as its new chief creative officer, the company said in a statement.

“I want to express my sincere thank you to Donatella for her trust in me, and for her tireless dedication to the extraordinary brand that Versace is today,” Vitale said in a statement. “It is a privilege to contribute to the future growth of Versace and its global impact through my vision, expertise and dedication.”

Versace will stay on at the company as its chief brand ambassador.

‘I will remain Versace’s most passionate supporter,’ she said. ‘Versace is in my DNA and always in my heart.’

This post appeared first on NBC NEWS