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Treasury yields are climbing, pushing up toward 4.8%, and investors are taking notice. Strategists had predicted rate cuts from the Fed would ease concerns, but this time, it’s different. Data shows inflation is reaccelerating, with services prices rising. The 10-year yield has surpassed late-2023 highs, with markets slashing expectations for further Fed rate cuts. Incoming … Read more
A group of international experts has recommended the creation of a new United Nations Sustainable Development Goal (SDG) focused on protecting Earth’s orbit from space junk. The proposed 18th SDG aims to conserve the sustainable use of space and prevent further accumulation of debris in orbit. The proposal, outlined in a recent study, emphasizes the … Read more
Djimon Hounsou has spoken candidly about his struggles to make ends meet in Hollywood despite earning widespread awards recognition and critical acclaim for roles in films such as “Amistad,” “Blood Diamond,” and “In America.” The actor, who has been nominated for two Oscars, revealed in a recent interview that he is still underpaid and is … Read more
The far-right Alternative for Germany (AfD) party has been shifting its focus towards immigrant voters, a demographic that was previously overlooked by the party. According to official statistics, around 12% of the German electorate have a non-German background. However, the party’s efforts to attract this group may be met with skepticism due to its past … Read more
BlackRock, one of the world’s largest investment firms, has quit a climate-focused group amid ongoing legal inquiries into its activities in New Zealand. The move comes as Wall Street takes steps to lower its environmental profile. Despite this, other asset managers remain part of the group. BlackRock cited legal issues related to NZAMI, a subsidiary … Read more
A case of highly pathogenic H5N1 avian influenza (HPAI) has been detected in Caroline County, Maryland, according to the state’s laboratory testing. The affected premises have been quarantined, and birds on the properties are being depopulated to prevent disease spread. This marks the first reported case of HPAI at a commercial poultry operation in Maryland … Read more
Constellation Energy has agreed to buy privately held natural gas and geothermal company Calpine Corp in a $16.4 billion deal, marking one of the largest acquisitions in U.S. power industry history. The cash-and-stock transaction comes as electricity demand is rising due to increased use of AI data centers and electrification of buildings and transportation. The … Read more
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Hoda Kotb is leaving NBC’s “Today” after 17 years, but her colleagues and special guests are celebrating her time on the show with a heartfelt tribute. The surprise announcement in September led to a seamless transition, allowing NBC to highlight its ability to handle a smooth power shift. Kotb, who will be replaced by Craig … Read more