US economy grows slower than expected in Q4

The US economy grew by 2.3 percent quarter on quarter in the fourth quarter, slightly less than the average prediction of 2.6%. The overall growth rate for 2024 was 2.8 percent, which was bit less than the 2.9 percent rate...

Brazil Hikes Interest Rates Again as Inflation Pressures Mount

Brazils central bank raised its benchmark Selic rate by 100 basis points to 13.25% on Wednesday, marking the second consecutive hike and signaling another increase in March. The decision, made unanimously by the banks...

Yen Strengthens as Japan Maintains Tightening While ECB Moves to Cut Rates

The yen surged on Thursday as Japan stays on track for rate hikes, while the European Central Bank (ECB) is expected to ease. The dollar fell 0.5% to 154.43 yen, and the euro dropped to 160.96 yen. Meanwhile, the euro held...

Hong Kong Keeps Interest Rates Unchanged, Tracking Fed's Decision

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal Reserves decision to hold rates steady. Hong Kongs monetary policy follows U.S. interest rate moves due...

Trump Links FAA Diversity Hiring to Deadly Air Crash, Sparking Backlash

Former President Donald Trump claimed without evidence that a recent midair collision near Reagan National Airport was linked to the Federal Aviation Administrations (FAA) diversity hiring policies. The crash, which...

Tulsi Gabbard Faces Tough Questions in Senate Intelligence Hearing

Former U.S. Representative Tulsi Gabbard, President Donald Trumps nominee for director of national intelligence, faced bipartisan scrutiny during her Senate confirmation hearing. Lawmakers challenged her past defense of...

Marco Rubio Warns of China’s Influence Over Panama Canal, Calls It a Security Threat

U.S. Secretary of State Marco Rubio expressed zero doubt that China has a contingency plan to shut down the Panama Canal in a potential conflict with the U.S. Speaking on The Megyn Kelly Show, Rubio emphasized that...

Doug Burgum Confirmed as Trump’s Interior Secretary, Set to Expand Energy Development

The U.S. Senate confirmed former North Dakota Governor Doug Burgum as Interior Secretary in a 79-18 vote. Burgum, 68, will oversee the management of 500 million acres of federal and tribal land, focusing on maximizing...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

U.S. Probes DeepSeek Over Possible Nvidia Sanctions Violation

U.S. officials are investigating whether Chinese AI startup DeepSeek sourced advanced Nvidia (NASDAQ: NVDA) processors through Singapore distributors to bypass U.S. sanctions, Bloomberg reported. The probe centers on...

SoftBank Eyes Up to $25B OpenAI Investment Amid AI Boom

SoftBank Group Corp. (TYO:9984) is reportedly in talks to invest up to $25 billion in OpenAI, potentially becoming the AI startups biggest financial backer, according to the Financial Times. While the exact investment...

Meta Settles Trump Lawsuit for $25M Amid Efforts to Repair Ties

Meta Platforms (NASDAQ: META) has agreed to pay $25 million to settle a lawsuit filed by U.S. President Donald Trump over the suspension of his social media accounts following the January 6, 2021, Capitol riot. Trump had...

Morgan Stanley Identifies Top Japanese Stocks Poised for AI-Driven Growth

Morgan Stanley analysts have highlighted Japanese equities set to benefit from artificial intelligence (AI) advancements or remain resilient against market disruption. Their research focuses on companies categorized as...