California Wildfires Rage On & Thousands Evacuated as Flames Consume Homes and Lives
The wildfires around Los Angeles continued to rage Thursday, disrupting an area that millions call home. At least five people have been reported dead due to the wildfires. LA County…
Michelle Bowman Advocates Final Interest Rate Cut Amid Economic Caution
Michelle Bowman, a member of the Federal Reserve’s Board of Governors, has expressed her support for the recent interest rate cuts while advocating that the December reduction should be deemed…
D-Wave CEO Challenges Nvidia’s Quantum Computing Outlook
D-Wave Quantum’s CEO Alan Baratz recently took aim at Nvidia’s Jensen Huang, declaring him “dead wrong” regarding the timeline for quantum computers to achieve commercial viability. Huang, during a conference,…
Apple Faces Challenges Maintaining Accuracy in AI-Driven News Alerts
Apple’s artificial intelligence system, known as Apple Intelligence, has come under scrutiny for inaccurately summarizing news notifications, leading to incidents of misinformation. This issue has particularly affected alerts from reputable…
Biden Administration Unveils Final Military Aid Package for Ukraine
The Biden administration has officially announced its last military aid package for Ukraine, totaling approximately $500 million. This aid focuses on bolstering Ukraine’s defense capabilities as the ongoing conflict with…
Trump Weighs National Emergency to Unveil Expansive Tariff Plan
President-elect Donald Trump is contemplating a bold move to declare a national economic emergency as a strategy to launch his sweeping tariff program. This potential action could enable him to…
eBay Shares Surge as Meta Expands Facebook Marketplace Integration
eBay shares experienced a significant boost, soaring 12% on Wednesday, following Meta’s announcement to expand Facebook Marketplace by allowing some eBay listings to appear on the platform. This strategic move…
Hims & Hers Makes Waves: $1 Million Donation Tied to GLP-1 Support
In a notable move, Hims & Hers Health donated $1 million to President-elect Donald Trump’s inauguration fund, signaling its alignment with the incoming administration. This digital health company has been…
Wall Street Fluctuates Amid Mixed Economic Signals and Market Volatility
U.S. stock futures remained relatively unchanged on Tuesday night, as investors digested a range of economic developments and corporate earnings. S&P 500 futures traded around the flatline, while Nasdaq 100…
U.S. Designates Tencent and CATL as Military Companies, Shares Plunge
Tencent Holdings and Contemporary Amperex Technology Co. Ltd. (CATL) have faced significant stock declines following their recent designation as “Chinese military companies” by the U.S. Department of Defense (DoD). This…
Microsoft Implements Performance-Based Job Cuts Across Departments
Microsoft has announced that it will be reducing its workforce by a small percentage, affecting less than 1% of its employees across various departments. The company confirmed these performance-based job…
Volkswagen and Xpeng Unite to Revolutionize EV Charging in China
Volkswagen and Xpeng have announced a strategic partnership aimed at enhancing the electric vehicle (EV) infrastructure in China. The collaboration, formalized through a memorandum of understanding, will focus on developing…
Federal Reserve Vice Chair Michael Barr to Step Down Amid Crypto Regulation Controversy
Michael Barr, the U.S. Federal Reserve’s Vice Chair for Supervision, has announced his resignation, effective on February 28, 2025, or sooner if a successor is appointed. Barr’s departure follows growing…
Bitcoin and Gold “Debasement Trade” Poised for Long-Term Growth, JPMorgan Reports
A growing trend known as the “debasement trade” is likely to continue fueling demand for Bitcoin (BTC) and gold, as investors seek safe-haven assets amid ongoing geopolitical uncertainty, according to…
Polymarket Users Bet on Canadian Prime Minister Trudeau’s Resignation Before Official Announcement
On January 6, Canadian Prime Minister Justin Trudeau announced that he would step down as the leader of the Liberal Party and resign from his position as prime minister once…
MicroStrategy Kicks off 2025 with 1,070 Bitcoin Purchase Announcement
MicroStrategy, the largest corporate holder of Bitcoin, revealed a fresh acquisition of 1,070 BTC made during the final two days of 2024. The announcement, made on January 6, highlighted that…
MiCA Could Boost Crypto Investment, Despite Overregulation Concerns
Europe’s Markets in Crypto-Assets Regulation (MiCA), which came into full effect on December 30, is being hailed as a major step forward for the global cryptocurrency industry. As the first…
Global Crackdowns Target Cryptocurrency and AI Fraud
As 2025 begins, authorities around the world have ramped up their efforts to crack down on cryptocurrency scams and AI deepfake frauds. These schemes have swindled thousands of people across…
Jeju Island to Launch NFT Tourism Cards for Younger Visitors
Jeju Island in South Korea plans to introduce NFT-linked tourist cards in the second half of 2025, aiming to attract millennials and Generation Z. The cards will offer various perks,…