The UK government has expressed support for a second runway at Gatwick Airport, contingent on noise reduction measures. Transport Secretary Heidi Alexander stated she is ‘minded to approve’ […]
Technology
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Warner Bros. Discovery Turns $677M DTC Profit for 2024, Streaming Subs Grow to 116.9M
Warner Bros. Discovery (WBD), under CEO David Zaslav, reported 116.9 million global streaming subscribers by the end of 2024, up from 110.5 million in September. The company’s direct-to-consumer […]
Economy
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What’s in Trump’s $1bn plan to bring egg prices down?
The US Department of Agriculture (USDA) has introduced a $1 billion initiative to combat the bird flu crisis, which has led to a severe egg shortage and skyrocketing […]
Markets
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Stock Market Today: Dow lower, S&P 500, Nasdaq futures pare gains as Trump says tariffs will take effect
Stock markets experienced mixed results today as the Dow fell while the S&P 500 and Nasdaq futures trimmed their gains following former President Trump’s announcement of new tariffs. […]
Economy
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Gross Domestic Product, 4th Quarter and Year 2024 (Second Estimate)
Real gross domestic product (GDP) in the U.S. grew at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the second estimate from […]
Banks
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Elon Musk and Doge, Don’t Mess With Deposit Insurance
Advocates of Project 2025, which guides President Donald Trump’s policies, hold unconventional views on deposit insurance. For nearly a century, the Federal Deposit Insurance Corp. (FDIC) has guaranteed […]
Economy
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Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Initial filings for unemployment benefits reached their highest level of the year last week, signaling potential weakness in the labor market. According to a Labor Department report, jobless […]
Economy
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What to Know About the ‘Economic Blackout’ on Feb. 28
A social media-driven campaign has organized an ‘economic blackout’ for February 28, urging consumers to abstain from spending for 24 hours as a form of protest against large […]
Markets
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Seven & I Holdings: Founding Family Fails to Secure Funding for $58 Billion Buyout
Seven & I Holdings, the parent company of 7-Eleven, announced that its founding Ito family was unable to secure the necessary financing for a proposed $58 billion management […]
Technology
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The Largest Theft in History – Following the Money Trail from the Bybit Hack
On February 21st, 2025, a massive cyber theft occurred when approximately $1.46 billion in cryptoassets were stolen from Bybit, a Dubai-based cryptocurrency exchange. Initial investigations suggest that malware […]