The Dow is nearing its first ‘death cross’ since November 2023, a technical indicator that occurs when its 50-day moving average falls below the 200-day moving average. This […]
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Japan’s Inflation Surpasses BOJ Target for Third Consecutive Year
Japan’s inflation rose by 3.6% year-on-year in March, marking the third consecutive year it has exceeded the Bank of Japan’s 2% target. The core-core inflation rate, excluding fresh […]
Nvidia CEO Visits Beijing Amid US Restrictions on Chip Sales to China
Nvidia’s CEO, Jensen Huang, made an unexpected visit to Beijing following new US restrictions on chip sales to China. The trip, reportedly invited by a trade organization, saw […]
New Jersey Sues Discord for Alleged Violations of Child Safety Laws
The state of New Jersey has filed a lawsuit against Discord, accusing the company of engaging in deceptive practices that endanger children. The suit claims that Discord’s measures […]
Trump Administration Announces Federal Takeover of Penn Station Renovation
The Trump Administration has announced that it will be taking over the renovation of Penn Station from the Metropolitan Transportation Authority (MTA). This decision comes after criticism of […]
Experts Criticize Google for Sparse AI Safety Report
Google’s recent technical report on its Gemini 2.5 Pro AI model has faced criticism from experts for lacking critical safety details. Released weeks after the model’s launch, the […]
IMF Cuts Global Growth Forecast Amid Trade Uncertainty
The International Monetary Fund (IMF) has revised its global growth forecast downward due to heightened trade uncertainties. These uncertainties, described as ‘off the charts,’ stem from ongoing shifts […]
Temu Reduces Ad Spend Amid Rising Tariffs
Temu, a Chinese online marketplace offering products priced between $1 and $50, is adjusting its strategies due to rising tariffs. Last week, former President Donald Trump imposed a […]
US Halts Construction of Major Offshore Wind Farm Project
The Trump administration has paused construction of a significant offshore wind farm project off the coast of New York, intended to supply electricity to 500,000 homes. Interior Secretary […]