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Blockchain Revolution Series: Ernst & Young Features In Top-3 Enterprises Blockchain Solution Provider

Jul 29, 2020 13:22 pm UTC| Research & Analysis Digital Currency Insights & Views Commentary

Ernst Young (EY) appears to have been positioned themselves in blockchain industry. One of the Big Four accounting auditing companies in world, has been ranked as a leading enterprise Blockchain solution provider....

Gold eases on profit booking, investor eye Fed policy decision, U.S. stimulus talks

Jul 29, 2020 08:56 am UTC| Commentary

Gold prices eased as investors booked profits after prices hit a record high in the previous session, while the greenback declined ahead of the U.S. Federal Reserves monetary policy decision. Spot gold was trading 0.05...

U.S. Conference Board’s consumer sentiment index falls in July

Jul 28, 2020 21:06 pm UTC| Commentary

The U.S. Conference Boards index of consumer sentiment fell to 92.6 in the month of July from Junes 98.3, partially reversing the gains in June. While the confidence was expected to fall in July, the reading was slightly...

U.S. house price appreciation eases in May

Jul 28, 2020 20:17 pm UTC| Commentary

U.S. house price appreciation eased in the month of May. The 20-city composition from SP/Case-Shiller CL saw a seasonally adjusted change of 0.04 percent sequentially. On a year-on-year basis, it rose 3.7 percent....

Norwegian retail sales growth accelerate in June

Jul 28, 2020 16:30 pm UTC| Commentary

Norwegian retail sales rose in the month of June. On a sequential basis, retail sales grew 5.7 percent, accelerating from Mays rise of 2.8 percent. Todays data came in above expectations. The retail sales index is 13.1...

Swedish retail sales grow in June, exports continue to stay weak

Jul 28, 2020 14:04 pm UTC| Commentary

Swedish retail sales continued to grow in June, while exports continued to stay soft. On a sequential basis, the retail sales grew 1 percent, whereas they rose 3.5 percent on a year-on-year basis in June. The calendar...

Australia’s weekly consumer sentiment index falls again

Jul 28, 2020 12:30 pm UTC| Commentary

Australias weekly consumer sentiment eased. The ANZ-Roy Morgan Australian consumer confidence index dropped nearly 2 percent last week, with softness in all the sub-indices. This was the fifth fall in a row and the largest...

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Economy

Italy's Meloni Warns EU of Russia’s Hidden Tactics Undermining Borders and Democracy

Italian Prime Minister Giorgia Meloni has urged the EU to tackle Russias evolving security threats, citing illegal migration, public influence, and resource control. Speaking at a Finland summit, she emphasized that these...

China’s Nio Brings Firefly EV to Europe in 2025 to Challenge Mini and Smart

Chinas Nio is preparing to launch its Firefly EV in Europe by early 2025, aiming to rival Mini and Smart. As the company expands its presence, its also addressing tariff challenges with innovative battery-swapping stations...

Holiday Travel Faces Turmoil as TSA Warns Shutdown Could Trigger Airport Delays Across the US

The TSA has warned that a government shutdown could severely disrupt airport operations during the holiday season. With 59,000 essential staff working unpaid, record passenger volumes may result in longer wait times unless...

Starbucks Union Strike Expands Nationwide as Baristas Demand Higher Wages, Better Schedules, and Fair Staffing

Unionized Starbucks workers walked off their jobs Friday, closing cafes in cities like Los Angeles and Chicago. The five-day strike escalates nationwide, with baristas demanding higher wages, better staffing, and improved...

Soaring EV Sales Spark Scramble for Lithium and Graphite as 2030 Supply Pinch Looms

A booming market could drive electric vehicle sales from 4.5 million this year to nearly 28 million by 2030, pressuring scarce battery resources. A new McKinsey analysis highlights looming shortages in lithium, manganese,...

Politics

Biden's 'Student Loan Forgiveness' Plan 'Abandoned'—38 Million Borrowers Left in Limbo

In a significant policy reversal, the Biden administration has withdrawn its proposal to cancel student loan debt for approximately 38 million Americans. This decision arrives amid legal challenges and operational hurdles,...

Biden's 'Immigrant Protection Plan' Aims to 'Sabotage' Trump's Deportation Agenda, Report Claims

President Joe Biden is reportedly considering executive actions to extend protections for hundreds of thousands of immigrants, potentially undermining President-elect Donald Trumps pledged mass deportation efforts. This...

Trump's 'Panama Canal Takeover' Threat Sparks International Tensions and Legal Debates

President-elect Donald Trump has threatened to reclaim U.S. control over the Panama Canal, citing exorbitant fees imposed by Panama and expressing concerns over potential foreign influence. This assertion has ignited...

Elon Musk Demands 'Cognitive Tests' for Politicians After Rep. Kay Granger Found in Dementia Care

Tech entrepreneur Elon Musk has called for mandatory cognitive assessments for elected officials following reports that Rep. Kay Granger (R-Texas) was located in a memory care facility after a six-month absence from...

Science

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Some black holes at the centers of galaxies have a buddy − but detecting these binary pairs isn’t easy

Every galaxy has a supermassive black hole at its center, much like every egg has a yolk. But sometimes, hens lay eggs with two yolks. In a similar way, astrophysicists like us who study supermassive black holes expect to...

Astronomers have pinpointed the origin of mysterious repeating radio bursts from space

Slowly repeating bursts of intense radio waves from space have puzzled astronomers since they were discovered in 2022. In new research, we have for the first time tracked one of these pulsating signals back to its...

How is Donald Trump prioritizing funding for cancer research in 2025?

President-elect Donald Trump has announced a major initiative to prioritize funding for cancer research in 2025, pledging billions in federal support to combat one of the worlds leading causes of death. The plan includes...

Technology

Samsung Plans Ultra-Thin Galaxy S25 Slim to Rival iPhone 17 Air in 2025 Flagship Battle

Samsung is reportedly preparing to unveil its thinnest flagship yet, the Galaxy S25 Slim, early next year. The device, with a rumored sub-7mm thickness, is aimed at challenging Apples iPhone 17 Air while pushing the...

Tesla Addresses 'Cell Dent' Issues in Cybertruck Batteries, Sends Units Back to Gigafactory Texas

Tesla has discovered cell dent problems in its Cybertruck battery packs, prompting the automaker to send affected vehicles back to Gigafactory Texas for replacement. The issue affects inventory vehicles and highlights...

Top AI Chip Stock Positioned for Explosive 2025 Growth, Jefferies Signals Major Upside

A top-performing AI chip company has emerged as Jefferies standout stock for 2025, fueled by groundbreaking advancements in custom chip designs. Analysts predict the firm could achieve record-breaking revenues and market...

NVIDIA Tracks China’s H100 Chip Breach as Super Micro Computer Faces New Compliance Pressure

NVIDIA is probing how restricted H100 chips are ending up in China. Allegations of forged serial numbers and questionable distributor practices, including Super Micro Computer, have triggered a sweeping investigation into...

Nintendo Switch 2 Dock Leak Hints at Faster Performance but 4K Output Reportedly Capped at 30 FPS

A recent leak claims the Nintendo Switch 2 dock will enable faster performance but may disappoint fans with its rumored 4K resolution limit at 30 FPS. Updated Joy-Con details and dock specifications provide intriguing...
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