The Dow Jones Industrial Average surged 0.4% to revisit the 45,000 level before closing below it. Blue chips briefly topped the new milestone but settled lower. The Nasdaq led the way, adding 0.8% as tech-heavy stocks rose. The S&P 500 bolstered its gain to 0.6%, topping the 6,000 level, and remained above its 21-day exponential … Read more
US President-elect Donald Trump is set to visit France this weekend, where he will attend the reopening of the Notre Dame cathedral in Paris. The trip has been seen as an attempt by French President Emmanuel Macron to strengthen his ties with the incoming president. Trump has been meeting with foreign leaders since winning last … Read more
Donald Trump has named David Sacks, a venture capitalist at Craft Ventures LLC, to serve as his artificial intelligence and crypto czar. This newly created position aims to help the president-elect establish himself in two rapidly growing industries. Sacks’ involvement with tech helped Trump build connections in the industry. He will now guide policy for … Read more
A new study claims that miniature black holes could be hollowing out planets and zipping through our bodies. These hypothetical objects, called primordial black holes (PBHs), are thought to be formed in the fiery aftermath of the Big Bang and could make up a significant portion of dark matter. The extreme tiny size of PBHs … Read more
Canada has announced a ban on 324 assault-style firearms as part of its ongoing efforts to tighten gun control laws. The move is aimed at reducing violence and crime, and also seeks to support the Ukrainian people in their fight against Russia’s invasion. The ban, which was announced by Public Safety Minister Dominic LeBlanc, includes … Read more
A top health insurance provider, Anthem Blue Cross Blue Shield, has scrapped its plan to limit anesthesia coverage for surgical patients. The proposal, which would have required patients to pay out-of-pocket for any additional anesthesia after a predetermined time limit, was met with widespread criticism. Following public backlash, the company cited “significant widespread misinformation” about … Read more
US technology entrepreneurs Elon Musk and Vivek Ramaswamy held initial talks with Republican lawmakers in Congress about their plans for the “Department of Government Efficiency,” a group tasked with shrinking federal employment rolls and challenging President-elect Donald Trump’s spending authority. Source: https://www.washingtonpost.com/business/2024/12/05/musk-ramaswamy-doge-plans-congress
A rare alignment in space is set to thrill stargazers this weekend. The “Christmas Star” – actually Venus – will be the brightest object in the night sky, accompanied by the crescent moon and possibly spectacular displays of the Northern lights. Jupiter will also reach opposition on Saturday, appearing as the next brightest planet after … Read more
The US Department of Transportation (DOT) is seeking public comment on a proposal that would require airlines to pay passengers cash compensation when flight disruptions are caused by the carrier. The proposal aims to address delays caused by airlines, with potential compensation amounts ranging from $200 to $775 per person, depending on the length of … Read more
US President Joe Biden acknowledged the horrific history of slavery connecting the United States and Angola, while delivering a hopeful vision for the future in a major speech from a country that was the departure point for millions of enslaved Africans. Biden expressed his pride to be the first president to visit Angola, stating he’s … Read more