Goldman Sachs Raises U.S. Recession Odds Amid Tariff and Inflation Concerns

Goldman Sachs has increased the likelihood of a U.S. recession over the next 12 months to 35%, up from its previous estimate of 20%. The investment bank cited growing uncertainty around trade policy, weakening consumer and...

Japan’s Factory Output Beats Forecasts Despite Global Trade Fears

Japans industrial production rebounded in February, rising 2.5% from the previous month, slightly above the forecasted 2.3%, according to data from the Ministry of Economy, Trade and Industry (METI). This follows a 1.1%...

Trump Threatens Tariffs on Russian Oil Buyers Amid Frustration with Putin

U.S. President Donald Trump warned he could impose 25% to 50% secondary tariffs on countries buying Russian oil if Russia continues to block peace efforts in Ukraine. In an interview with NBC News, Trump expressed anger at...

New Zealand to Review Bank Capital Rules Amid Criticism and Economic Concerns

The Reserve Bank of New Zealand (RBNZ) announced it will review its bank capital requirements in 2025 following criticism that its stringent policies are stifling competition and economic growth. Acting Governor Christian...

Japan's Finance Minister Emphasizes U.S. Coordination on Forex Stability

Japans Finance Minister Katsunobu Kato stressed the importance of close communication with U.S. Treasury Secretary Scott Bessent to ensure stability in foreign exchange markets. Speaking in parliament on Monday, Kato...

Elon Musk Donates $1M to Boost Conservative Candidate in Key Wisconsin Court Race

Elon Musk, billionaire CEO of Tesla and top adviser to President Donald Trump, handed out $1 million in oversized checks to two Wisconsin voters during a rally in Green Bay on Sunday. The move aims to energize conservative...

UK and US Advance Talks on Economic Prosperity Deal Ahead of Tariff Deadline

British Prime Minister Keir Starmer and U.S. President Donald Trump held a phone call Sunday evening to discuss ongoing negotiations for a UK-U.S. economic prosperity deal, according to a Downing Street spokesperson. Both...

Netanyahu Pushes Disarmament of Hamas Amid Escalating Gaza Conflict

Israeli Prime Minister Benjamin Netanyahu has reiterated his demand for Hamas to disarm and for its leaders to leave Gaza, vowing to intensify military pressure while pursuing negotiations to free remaining hostages. He...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

What are the chances an asteroid will impact Earth in 2032?

For a few days in mid-February, headlines around the world buzzed about the potential for an asteroid to hit the Earth in 2032 specifically, asteroid 2024 YR4. The chance of this impact rose to a high of 3.1 per cent on...

A new study reveals the structure of violent winds 1,300 light years away

The planet WASP-121b is extreme. Its a gas giant almost twice as big as Jupiter orbiting extremely close to its star50 times closer than the Earth does around the Sun. WASP-121b is so close to its star that tidal forces...

What’s the shape of the universe? Mathematicians use topology to study the shape of the world and everything in it

When you look at your surrounding environment, it might seem like youre living on a flat plane. After all, this is why you can navigate a new city using a map: a flat piece of paper that represents all the places around...

CoreWeave Slashes IPO Size and Price Amid Investor Caution Despite Nvidia Backing

CoreWeave, a leading AI cloud infrastructure provider backed by Nvidia, has significantly downsized its U.S. IPO. The company cut its offering by 23.5%, now aiming to raise $1.5 billion by selling 37.5 million shares at...

Alibaba Stock Gets Boost as Mizuho Touts AI Potential and Hikes Price Target

Alibaba Group (NYSE: BABA, HK:9988) surged in investor interest after Mizuho raised its price target on the Chinese tech giants U.S.-listed shares from $140 to $170, maintaining an Outperform rating. The bullish update...

SK Hynix Sees Chip Order Surge Ahead of Possible U.S. Tariffs, Eyes AI Memory Boom

SK Hynix, the worlds second-largest memory chipmaker, revealed that customers are rushing orders in anticipation of potential U.S. semiconductor tariffs. Speaking at the companys annual shareholder meeting, Lee Sang-rak,...

Former Intel CEO Pat Gelsinger Joins Playground Global to Drive Chip Innovation

Pat Gelsinger, former Intel (NASDAQ: INTC) CEO, has joined venture capital firm Playground Global as a general partner, marking a major move in the semiconductor and deep tech investment space. Alongside this role,...