The EUR/USD pair experienced a significant rally on Monday, breaking above the 1.1500 threshold for the first time since November 2021. This surge, exceeding 1% in Asian trading, was largely fueled by persistent and broad-based selling pressure on the US…
A new legislative effort in Nevada aims to address the increasing burden of electricity costs on households by proposing a significant shift in how the state’s largest utility, NV Energy, manages fuel expenses. Assembly Bill 452 (AB452), sponsored by Assemblywoman…
CAPE CANAVERAL, FL — SpaceX successfully launched its Dragon spacecraft to the International Space Station (ISS) on April 21, delivering a cargo manifest prioritizing crew supplies over the usual amount of scientific experiments. A Falcon 9 rocket lifted off precisely…
DHL Express, a division of Germany’s Deutsche Post, announced it will suspend international business-to-consumer shipments valued at over $800 to individuals in the United States, effective April 21. The company cited lengthened clearance times due to recent US customs regulatory…
As President Trump unveils his global tariff plan—imposing a baseline 10% tariff on all imported goods, with additional hikes based on individual countries’ trade balances—economists like Richard Wolff warn of severe economic consequences. Wolff argues that these tariffs will significantly…
The U.S. economy added 228,000 jobs in March, while the unemployment rate inched up to 4.2%, according to the Labor Department’s report on Friday. Why It Matters The strong hiring numbers indicate that, as of last month, the labor market…
Stocks have been taking a hit, and this week could determine the market’s direction for the months ahead. All three major U.S. indexes closed sharply lower for a second straight day on Friday. The S&P 500 is now down 17%…
Eric Li, a mid-level manager at a state-owned enterprise in China, recently sold his two-bedroom apartment in Tianjin for 2 million yuan (US$275,700), only about 20% more than he paid for it 12 years ago. After accounting for renovation costs…
Russian equities closed lower on Saturday as losses in the MOEX Telecommunication, MOEX Oil and Gas, and MOEX Metals and Mining sectors dragged the market down. The MOEX Russia Index fell 2.71%, reaching a new one-month low by the close…
Emergency savings function like airbags, absorbing the impact of financial shocks. Without them, unexpected expenses can have severe consequences, sometimes causing irreparable damage. Saving for emergencies is something we all know we should do, yet it often takes a back…
Americans approaching retirement and recent retirees are feeling anxious and frustrated after a second day of stock market turmoil, which has significantly reduced their 401(k) balances following President Donald Trump’s latest tariff escalation. As the impending tariffs rattled the global…
President Donald Trump’s announcement of new “reciprocal” tariffs sent shockwaves through Wall Street, wiping billions of dollars from the net worth of the world’s wealthiest individuals almost overnight. On Wednesday, Trump unveiled a baseline 10% tariff on all imported goods,…
The recent decline in the S&P 500 reflects a pullback similar to that of the 2015–2016 industrial recession, though it remains short of the 20% drop recorded in late 2018. The U.S. benchmark index fell over 10% in just two…
On Saturday, Meta released the latest iteration of its large language model (LLM), named Llama 4 Scout and Llama 4 Maverick. Meta describes Llama as a multimodal AI system, meaning it can process and integrate diverse data types, including text,…