China is heading for a potential showdown with the US over the value of its currency, the yuan, which could have significant implications for global stocks and markets. The yuan has been flirting with record lows offshore, while bond yields have also hit an all-time low. For investors in China, the risk of another trade … Read more
Miami Heat star Jimmy Butler is reportedly eligible to return from his team-issued suspension against Denver on Friday, despite stating he no longer wants to play for the franchise. The six-time All-Star was expected to meet with Arison and CEO Nick Arison on Thursday afternoon to discuss a path forward, but no progress has been … Read more
The New England Patriots have hired former Titans head coach Mike Vrabel, who is expected to bring stability and consistency to the team. Vrabel replaces Jerod Mayo and takes over a team that was struggling under his predecessor. Vrabel’s hiring is not without controversy, as he will be working with returning de facto general manager … Read more
US-based defense tech firm Anduril, backed by A.I., plans to invest over $1 billion in its new factory in Columbus, Ohio. The facility will be used to produce autonomous systems and weapons, with the potential to manufacture tens of thousands of units annually. Anduril has announced ambitious production targets, suggesting a significant expansion in its … Read more
New research from the Keck School of Medicine of USC has found a significant link between per- and polyfluoroalkyl substances (PFAS) contamination in drinking water and an increased risk of rare cancers. The study, published in the Journal of Exposure Science & Environmental Epidemiology, analyzed data from 45% of US drinking water supplies and found … Read more
Microsoft has integrated its AI-powered Office features, including Copilot, into its popular Microsoft 365 Personal and Family subscriptions. The move comes with a price increase of $3 per month for US subscribers, while existing subscribers can opt out of the AI features without facing the price hike. Previously, Copilot Pro was an extra $20 monthly … Read more
The US Department of Labor has secured a deal with JBS USA, the nation’s largest meat packing processor, to address child labor compliance nationwide. Under the agreement, JBS will provide $4 million to support individuals and communities affected by unlawful child labor practices. Key elements of the agreement include: – Creating a targeted advertising campaign … Read more
The Consumer Financial Protection Bureau (CFPB) has announced a $175 million settlement with Block, the parent company of popular peer-to-peer payments service Cash App, over allegations that the app allowed rampant fraud and misled its customers. The agency also found that Block’s investigations into unauthorized transactions were “woefully incomplete” and that the app was designed … Read more
Researchers have discovered the remains of up to 30 dead whitebark pine trees entombed in ice for millennia on a melting ice patch in the Rocky Mountains. The trees, dating back around 5,900 years, provide valuable insights into past climate conditions and can help scientists better understand the effects of human-caused climate change. The trees … Read more
A woman in Australia has been charged with poisoning a 1-year-old girl over two months to post videos of the child online, soliciting donations from the public. The child suffered “immense distress and pain” during this time. Authorities say the woman obtained unauthorized medicines without medical approval and filmed the child’s suffering for online gain. … Read more