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Mon, Apr 06, 2026 12:06 AM All times are UTC

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White House to Nominate Key Financial Regulators, Including Jonathan McKernan for CFPB

Feb 12, 2025 11:16 am UTC| Politics

The White House plans to nominate Jonathan McKernan as director of the Consumer Financial Protection Bureau (CFPB), according to sources. McKernan, a former Federal Deposit Insurance Corporation (FDIC) board member, would...

South Korea Urges Swift Approval of Extra Budget Amid Economic Slowdown

Feb 12, 2025 11:13 am UTC| Economy Politics

South Koreas acting President and Finance Minister, Choi Sang-mok, has called for swift parliamentary approval of a supplementary budget to support the struggling economy. The country faces weakening domestic demand and...

Donald Trump to Nominate Brian Quintenz as CFTC Chair

Feb 12, 2025 11:11 am UTC| Politics

U.S. President Donald Trump plans to nominate Brian Quintenz, head of policy at Andreessen Horowitzs a16z crypto division, as the next chairman of the Commodity Futures Trading Commission (CFTC), according to a Bloomberg...

DHS Places Election Security Staff on Leave Amid Review of Misinformation Efforts

Feb 12, 2025 03:17 am UTC| Politics Governance

The Department of Homeland Security (DHS) has placed personnel responsible for monitoring misinformation, disinformation, and foreign influence in U.S. elections on administrative leave. This move comes as DHS Secretary...

Trump Pushes Jordan to Accept Palestinians Amid Gaza Plan Controversy

Feb 12, 2025 03:17 am UTC| Politics

U.S. President Donald Trump urged Jordans King Abdullah to take in displaced Palestinians as part of his proposal for the U.S. to take control of Gaza, despite firm opposition from the Jordanian leader. Speaking at the...

Japan Seeks U.S. Tariff Exemption Amid Rising Trade Tensions

Feb 12, 2025 03:17 am UTC| Politics

Japan has formally requested an exemption from the steep U.S. tariffs on steel and aluminum, Industry Minister Yoji Muto announced on Wednesday. The plea comes after President Donald Trump imposed a blanket 25% tariff on...

North Korea Slams Trump's Gaza Plan, Calls U.S. an ‘Extortionist’

Feb 12, 2025 03:16 am UTC| Politics

North Korean state media has condemned U.S. President Donald Trumps proposal to relocate Palestinians and transform Gaza, calling it ludicrous and accusing Washington of extortion. The Korean Central News Agency (KCNA)...

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Economy

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire

Abu Dhabi authorities have temporarily halted operations at Habshan, the United Arab Emirates largest natural gas processing facility, following a devastating attack that triggered a major fire at the site. The incident...

Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts

President Donald Trump has unveiled a bold federal budget proposal for fiscal year 2027, signaling a dramatic realignment of national spending priorities. The plan centers on a significant expansion of military funding...

U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict

A U.S. military aircraft was shot down by Iranian forces on Friday, marking a significant escalation in the ongoing five-week conflict between the United States, Israel, and Iran. Both nations confirmed the incident, with...

Politics

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

President Donald Trump is weighing a significant cabinet reshuffle as political pressure mounts over the ongoing U.S.-Iran conflict, according to Reuters, citing sources close to internal White House deliberations. The...

Iran Tightens Grip on Strait of Hormuz as Israel Prepares Strikes and Oil Markets Spiral

Tensions between Israel and Iran have reached a critical flashpoint, with Israeli defense officials confirming preparations for potential strikes on Iranian energy infrastructure, pending U.S. authorization. The...

U.S. and Israel Escalate Pressure on Iran Over Strait of Hormuz as War Enters Sixth Week

Six weeks into the U.S.-Israeli military conflict with Iran, tensions are reaching a critical point as President Donald Trump issued a 48-hour ultimatum demanding that Tehran open the Strait of Hormuz or face devastating...

Israel Poised to Strike Iranian Energy Sites, Awaiting U.S. Approval

Israel is reportedly preparing to launch military strikes against Iranian energy infrastructure, but is holding off pending authorization from the United States, according to a senior Israeli defense official who spoke out...

U.S. Envoys Witkoff and Kushner Expected to Visit Kyiv in April Amid Stalled Peace Talks

Senior Ukrainian presidential aide Kyrylo Budanov confirmed on Saturday that U.S. special envoys Steve Witkoff and Jared Kushner are expected to travel to Kyiv in April, marking what would be their first official visit to...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Digital Currency