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Fri, Dec 05, 2025 09:14 AM All times are UTC

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Treasury Secretary Bessent Warns U.S. Housing Sector Faces Recession Amid High Interest Rates

Nov 03, 2025 02:22 am UTC| Economy

U.S. Treasury Secretary Scott Bessent warned that parts of the U.S. economy, particularly the housing sector, may already be in a recession due to persistently high interest rates. Speaking on CNNs State of the Union,...

U.S. Stock Futures Edge Higher as AI Momentum and Fed Rate Cut Fuel Optimism

Nov 03, 2025 02:16 am UTC| Economy

U.S. stock futures rose slightly on Sunday evening, extending Wall Streets upbeat momentum after a strong October driven by optimism around artificial intelligence, robust corporate earnings, and easing U.S.-China trade...

Dollar Near Three-Month High as Investors Await Key U.S. Economic Data

Nov 03, 2025 02:09 am UTC| Economy

The U.S. dollar strengthened to a near three-month high on Monday as investors awaited crucial economic data to gauge the strength of the U.S. economy and assess whether it could influence the Federal Reserves hawkish...

Oil Prices Rise as OPEC+ Pauses Output Hikes and Ukraine Strikes Russian Oil Port

Nov 03, 2025 02:05 am UTC| Economy

Oil prices climbed in Asian trading on Monday after the Organization of the Petroleum Exporting Countries and allies (OPEC+) announced plans to pause production increases in the coming quarter. The move came amid growing...

Taiwan Stock Market Rally Set to Continue Through 2026 Amid AI Boom, Says UBS

Nov 03, 2025 02:02 am UTC| Economy

Taiwans stock market rally is expected to extend into 2026, supported by robust earnings momentum from the booming artificial intelligence (AI) supply chain, according to a new research note from UBS. The Taiwan Weighted...

Trump and Xi Reach Trade Deal to Ease U.S.-China Tensions, Cut Tariffs, and Resume Soybean Purchases

Nov 02, 2025 00:44 am UTC| Politics Economy

The White House has released details of a new trade agreement between U.S. President Donald Trump and Chinese President Xi Jinping, marking a major step toward easing the ongoing U.S.-China trade war. The deal, finalized...

New Mexico Becomes First U.S. State to Offer Free Universal Child Care

Nov 02, 2025 00:38 am UTC| Governance Economy

New Mexico has made history by becoming the first U.S. state to provide free child care for all residents, regardless of income. The groundbreaking initiative aims to boost the economy and improve education and child...

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Economy

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...