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Retail Sales Inch Up: Are Australian Consumers Still Holding Back?

May 02, 2025 02:53 am UTC| Insights & Views

In March 2025, Australian retail sales rose modestly by 0.3% month-on-month, slightly lower than the forecasted 0.4%. Yet, this rise is the third straight month of an increase in retail turnover. Retail sales,...

USD1 Takes Center Stage: $2 Billion Binance Deal and Tron Integration Announced

May 01, 2025 15:49 pm UTC| Digital Currency Insights & Views

At Token2049 in Dubai, Eric Trump announced significant breakthroughs for World Liberty Financials stablecoin USD1, including its usability on the Tron blockchain. Such usability will leverage Trons high-throughput and...

Solana Soars: Can User Growth and DEX Dominance Drive SOL to $300?

May 01, 2025 14:11 pm UTC| Digital Currency Insights & Views

Explosive Growth in April 2025 Solana saw an uptick in user activity in April 2025, with a 12% month-to-month increase in daily transactions, processing more than 99 million transactions. The increased activity saw a...

Solana Soars: Can User Growth and DEX Dominance Drive SOL to $300? Explosive Growth in April 2025  Solana saw an uptick in user activity in April 2025, with a 12% month-to-month increase in daily transactions, processing more than 99 million transact

May 01, 2025 14:06 pm UTC| Digital Currency Insights & Views

Explosive Growth in April 2025 Solana saw an uptick in user activity in April 2025, with a 12% month-to-month increase in daily transactions, processing more than 99 million transactions. The increased activity saw a...

Gold's Rally Fades: Selling Opportunity on Trade Optimism?

May 01, 2025 09:26 am UTC| Insights & Views

Gold pared most of its gains as trade tension eased. It hit a low of $3235 yesterday and is currently trading around $3240. The March 2025 US Core PCE Price Index was unchanged from month to month (0.0%), below the 0.1%...

How rising wages for construction workers are shifting the foundations of the housing market

May 01, 2025 09:11 am UTC| Insights & Views Economy

Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. But this isnt a new concern: In 1978, the U.S. Government Accountability Office warned that rising costs were...

What is a downburst? These winds can be as destructive as tornadoes − we recreate them to test building designs

May 01, 2025 09:10 am UTC| Insights & Views Nature

From a distance, a downburst can look like a torrent of heavy rain. But at ground level, its behavior can be far more destructive. When a downbursts winds hit the ground, they shoot out horizontally in all directions,...

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Economy

Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire

U.S. President Donald Trump announced Saturday that no tolls will be charged for ships passing through the Strait of Hormuz during the proposed 60-day interim ceasefire period with Iran. Trump also stated that no fees...

Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed

Russian stocks closed flat on Saturday, with the MOEX Russia Index ending unchanged at 0.00% and touching a fresh 52-week low during trading. The lack of movement across the market reflected cautious investor sentiment,...

Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge

Global oil prices stabilized on Friday, but Brent crude remained on track for a weekly decline of more than 8% as investors assessed the uncertain future of the U.S.-Iran peace agreement and ongoing geopolitical risks in...

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Politics

Keir Starmer Faces Growing Pressure as Reports Suggest Possible Resignation

British Prime Minister Keir Starmer is facing mounting political pressure after reports emerged that he could announce plans to step down, although government officials insist he remains focused on leading the country....

Gaza Death Toll Rises as Israeli Strikes Kill Nine Amid Ceasefire Stalemate

At least nine Palestinians, including a child, were killed in separate Israeli strikes and shootings across the Gaza Strip on Saturday, according to local health officials, highlighting the continued violence despite an...

Zelenskiy Returns Polish Honor as WWII History Dispute Strains Ukraine-Poland Relations

Ukrainian President Volodymyr Zelenskiy has returned Polands highest state honor, the Order of the White Eagle, after Polish President Karol Nawrocki revoked the award over a growing dispute surrounding World War II...

Lula Maintains Lead Over Flavio Bolsonaro Ahead of Brazil’s Presidential Election, Datafolha Poll Shows

Brazilian President Luiz Inacio Lula da Silva continues to hold a comfortable lead over opposition Senator Flavio Bolsonaro in the race for Brazils upcoming presidential election, according to a new Datafolha poll released...

Meloni Fires Back at Trump Over Popularity Jibe and Italy’s Sovereignty

Italian Prime Minister Giorgia Meloni sharply criticized U.S. President Donald Trump on Saturday after he renewed claims that she sought to repair relations with Washington to improve her domestic political standing. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...
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