Russian President Vladimir Putin has offered a rare apology to his Azerbaijani counterpart over the crash of a passenger jet that occurred in Russian airspace. The incident happened across the Caspian Sea from Chechnya and killed 38 of the 67 people on board. Putin’s apology acknowledged that the tragedy occurred in Russian airspace, but stopped … Read more
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US President-elect Donald Trump plans to remove Fannie Mae and Freddie Mac from conservatorship, potentially making them private companies again. Billionaire investor Bill Ackman expects this move in the next two years, with a public listing possible by 2026. Fannie Mae and Freddie Mac were created to expand home lending and buying home loans from … Read more
As the new year begins, many people are making changes to their jobs, healthcare coverage, and New Year’s resolutions. However, they may also need to adjust to changes made by the government regarding taxes, retirement accounts, and Social Security. For retirees and workers, it’s essential to be aware of the five key changes affecting Social … Read more
US Bankruptcy Judge Kate Stickles approved a last-minute sale of 200 to 400 stores from Big Lots to Variety Wholesalers, preserving around 5,000 to 10,000 jobs. The deal was reached after an initial bankruptcy plan fell apart, and the new owners will take on the stores’ distribution centers and intellectual property. However, financial terms were … Read more
Stocks erased session gains on the first trading day of 2025, as Wall Street returned from holiday. The S&P 500 fell 0.7%, while the Dow Jones Industrial Average dropped nearly 0.7%. The tech-heavy Nasdaq Composite also declined 0.9%. Bond yields and the US Dollar Index rose on Thursday, with the 10-year treasury yield increasing by … Read more
A Swiss federal chancellery initiative has proposed changing the law to require the Swiss National Bank (SNB) to hold part of its reserves in gold and bitcoin. Backed by 10 individuals, including cryptocurrency advocates, the plan aims to collect 100,000 signatures within 18 months for a public referendum. This would make Switzerland one of the … Read more
In a surprising turn of events, Arizona State defeated Texas in a heart-stopping matchup. After the game, Texas running back Cam Skattebo took some time alone to process his emotions, revealing a mix of sadness, fatigue, and pride. The team’s victory was a testament to the hard work and dedication of the players. Source: https://www.washingtonpost.com/sports/2025/01/01/cam-skattebo-peach-bowl-arizona-state-texas
Lamar Jackson and the Baltimore Ravens are on track to finish strong, despite already clinching their spot in the playoffs and division title. With just one week left in the 2024 season, Jackson remains focused on achieving more success. The quarterback’s remarkable performance this year has him well-positioned for another MVP award. Jackson has completed … Read more
Oscar-winning actor Colin Firth opens up about his experience playing Dr. Jim Swire, a real-life hero who became the spokesman for the UK victims’ families in the new Peacock series “Lockerbie: A Search for Truth”. Firth felt an incredible sense of responsibility after meeting Swire and his wife, Jane, whom he portrayed in the show. … Read more