Wall Street Rally Halted Before Federal Reserve Policy Meeting A rally that lifted technology stocks to record highs has stalled, with traders holding off on big bets ahead of the Federal Reserve’s policy meeting next week. The Fed is expected to announce a rate cut following similar moves by the European Central Bank and Swiss … Read more
Elon Musk’s net worth has reached a record-breaking $439.2 billion, according to Bloomberg. This marks the first time a billionaire has surpassed $400 billion in net worth. SpaceX’s recent deal to acquire insider shares is credited for this achievement, valuing the company at $350 billion. Musk’s personal fortune has been driven by his companies Tesla … Read more
A Los Angeles County man has been sentenced to seven years in prison for a violent armed break-in at his ex-girlfriend’s home in May. Daniel Francisco Ponce, 26, pleaded no contest to four felony charges related to the incident, which occurred while children were present. Ponce faced 13 felony charges, including first-degree burglary and child … Read more
The FBI and the Cybersecurity and Infrastructure Security Agency (CISA) have issued a warning about hackers affiliated with China targeting phone users in a cyber espionage campaign. The hackers are focusing on individuals involved in government or political activity, but anyone can be affected. To protect themselves, smartphone users should use secure texting apps like … Read more
Syria’s chemical weapons program has been a concern for years due to its history of use and alleged concealment by President Bashar al-Assad’s regime. While experts believe that some stocks have been depleted, it remains uncertain how much is left. Under international pressure, Mr. Assad agreed to eliminate his country’s chemical weapons program in 2013, … Read more
A bipartisan bill is being introduced to the US Congress, aiming to force health insurers or drug middlemen to divest their pharmacy businesses. CVS Health, Cigna, and UnitedHealth Group would be affected by the bill, which would give companies three years to break up their pharmacy operations. These companies dominate the pharmacy benefit management (PBM) … Read more
The reopening of Notre Dame Cathedral after five years has sparked joy and hope among Christians worldwide, but behind the grand ceremony lies a shadow of secularism in France. President Emmanuel Macron’s efforts to preserve the cathedral have been overshadowed by his own questionable stances on faith and his government’s institutional crises. While the French … Read more
The Federal Reserve is expected to proceed with interest rate cuts later this month despite a modest increase in inflation in November, according to experts. The Consumer Price Index (CPI) reported an annual inflation rate of 2.7% in November, up from the previous month’s 2.6%. However, the Fed remains committed to returning inflation to its … Read more
Microsoft has announced a new feature that allows users to easily share files between their iPhone and PC, similar to Apple’s AirDrop. The company is rolling out a beta version of Phone Link, a Windows app that lets users connect their phone to their PC wirelessly. With this update, users can share files between devices, … Read more
A recent shift in CEO attitudes has seen nearly 8 in 10 now supporting a return-to-office mandate, sparking debate among workers. Many argue that remote work allows for greater control and ownership over one’s work, while others point out the financial and environmental costs of commuting. With some employers citing team-building and innovation as reasons, … Read more