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Mon, Aug 03, 2026 01:25 AM All times are UTC

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Donald Trump Declares War on Media: $10 Billion Lawsuit Targets 'Fake News Giants' in Explosive Legal Battle

Nov 16, 2024 09:46 am UTC| Politics Law

President-elect Donald Trump has filed a staggering $10 billion lawsuit against some of the United States most prominent media outlets, including The New York Times and CBS. The legal action, announced late Friday, accuses...

Donald Trump’s Potential iPhone Tariff Bombshell: Jefferies Warns of a ‘$256 Price Hike Nightmare’

Nov 16, 2024 06:42 am UTC| Technology Politics Business

Apple Inc. could be staring down a significant financial hit if former President Donald Trump reintroduces tariffs during a potential second term, according to a detailed analysis by Jefferies on Friday. The investment...

Is Elon Musk 'Officially' Buying McDonald's Following Donald Trump Win?

Nov 16, 2024 06:22 am UTC| Life Business Politics

In the age of viral misinformation, a recent online rumor claiming Elon Musk is officially buying McDonalds sent social media into a frenzy. The claims, propagated through YouTube videos, TikTok posts, and Facebook shares,...

U.S. Dollar Rallies to Monthly High Amid Fed’s Rate Cut Hesitation and Uncertain Cabinet Picks

Nov 16, 2024 06:15 am UTC| Economy Politics

The U.S. dollar surged to its strongest weekly performance in over a month as traders reassessed interest rate expectations and braced for the potential inflationary impact of President-elect Donald Trumps proposed...

Trump Media Shake-Up: Key Shareholder Dumps Nearly Entire Stake Amid Controversial Legal Battle—'What’s Next for Truth Social?'

Nov 16, 2024 05:37 am UTC| Business Politics

Trump Media Technology Group, the parent company of Truth Social, is facing fresh controversy as ARC Global Investments, a major shareholder, has sold nearly its entire stake in the company. The move, disclosed in a...

‘Taylor Swift and Lady Gaga Say No!’ Stars Allegedly Refuse Trump’s Inauguration Stage, Shocking Fans and Critics Alike

Nov 15, 2024 11:45 am UTC| Politics

Music superstars Taylor Swift and Lady Gaga have reportedly turned down requests to perform at President Donald Trumps upcoming inauguration. The high-profile refusals by two of the worlds biggest pop icons have added fuel...

‘Big Pharma Panic!’ Stocks Plummet After Trump Appoints RFK Jr. as Secretary of Health and Human Services

Nov 15, 2024 10:57 am UTC| Politics

Pharmaceutical stocks took a steep plunge in the wake of President Donald Trumps appointment of Robert F. Kennedy Jr. as Secretary of Health and Human Services, a controversial move that has sent shockwaves through the...

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Economy

UK Stock Market May Outperform if AI Bubble Bursts, Capital Economics Says

The U.K. stock market could prove more resilient than many global peers if the artificial intelligence (AI) investment boom reverses, according to Capital Economics, which argues that the FTSE 100 is better positioned than...

Trump Says Iran Talks to Begin as Strait of Hormuz Deal Nears, Oil Prices Fall

U.S. President Donald Trump said negotiations with Iran are scheduled to begin on Monday afternoon, signaling a possible breakthrough in efforts to reopen the Strait of Hormuz and reduce tensions in the Middle East....

US Signals More Joint Yen Intervention With Japan if Currency Volatility Continues

The United States is prepared to join additional coordinated foreign exchange intervention with Japan if excessive volatility in the yen continues, U.S. Treasury Secretary Scott Bessent said on Sunday, reinforcing...

Oil Prices Drop Nearly 5% as Trump Delays Iran Strike, Markets Eye Strait of Hormuz Deal

Oil prices fell sharply on Monday after U.S. President Donald Trump signaled he would delay launching a fresh military strike against Iran, raising hopes for a diplomatic agreement that could ease tensions in the Middle...

UK Economy Faces 2027 Recession Risk if Strait of Hormuz Stays Closed, EY Warns

Britains economy could slip into recession in 2027 if the Strait of Hormuz remains closed to global shipping beyond the middle of next year, according to new forecasts released by EY on Monday. The accounting firms latest...

Politics

Israel Strikes Gaza as Trump Ceasefire Push Faces Fresh Challenges

Israeli airstrikes killed at least 18 Palestinians across Gaza on Sunday, marking a second consecutive day of heavy bombardment despite U.S. President Donald Trumps announcement of progress toward implementing last years...

US Embassies Urge Americans to Leave Middle East as Iran Tensions Escalate

The United States has issued emergency security alerts across several Middle Eastern diplomatic missions, urging American citizens to consider leaving the region as tensions with Iran continue to rise. U.S. embassies in...

DOJ Subpoenas New York Times Freelancer Over North Korea Military Report

The U.S. Department of Justice has subpoenaed records belonging to freelance journalist Matthew Cole as part of an investigation into the sources behind a 2025 New York Times report detailing a failed U.S. military...

Capital One Says AML Review Led to Closure of Trump Organization Accounts

Capital One Financial has defended its decision to close hundreds of bank accounts linked to the Trump Organization, arguing in a court filing that the move followed an extensive anti-money laundering (AML) review rather...

Iran Warns of Retaliation as Trump Threatens New Strikes, Oil Risks Intensify

Iran warned over the weekend that it would respond forcefully to any new U.S. military action, escalating tensions in the Middle East as President Donald Trump reiterated threats of additional strikes on Iranian targets....

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

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...

Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations

Roblox Corp. (NYSE: RBLX) shares plunged about 16% in premarket trading after the gaming platform reported mixed second-quarter 2026 results and issued weaker-than-expected third-quarter bookings guidance, raising concerns...

Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat

Apple (NASDAQ: AAPL) shares fell more than 7% in premarket trading after the tech giant issued weaker-than-expected guidance for the September quarter, overshadowing better-than-anticipated quarterly earnings and revenue....