The Indian rupee has hit a new low, falling past 87 against the dollar, as traders expect the Reserve Bank of India (RBI) to start cutting interest rates this week, further weakening its value. According to most analysts, the RBI will begin its easing cycle on Friday, fueled by signs that the central bank is … Read more
Florida’s Space Coast is gearing up for another busy month of rocket launches in February. With 10 orbital rocket launches already scheduled for January, the region is poised to surpass last year’s annual record of 93 orbital rocket liftoffs. Here are the latest missions set to launch from Cape Canaveral and Kennedy Space Center: First … Read more
Google is set to release its quarterly earnings on February 4, prompting some investors to take a cautious approach. At current prices, holding onto the stock is considered safe but unlikely to yield significant returns. Analysts predict that Google’s earnings will meet expectations but may not exceed them. Considering this, it’s advisable to avoid making … Read more
A Canadian national, Andean Medjedovic, has been charged by US prosecutors with stealing around $65 million from decentralized finance protocols KyberSwap and Indexed Finance. The Justice Department alleges that Medjedovic made deceptive trades to exploit the protocols in 2021 and again in November 2023, resulting in losses of over $64.8 million. Prosecutors say Medjedovic borrowed … Read more
Tesla CEO Elon Musk is not immune to potential harm from tariffs imposed by US President Donald Trump, despite their close relationship. In a recent earnings call, CFO Vaibhav Taneja warned that the company’s reliance on foreign parts and suppliers could be affected by Trump’s tariff policies. Tesla makes most of its vehicles in the … Read more
Darrin Smith’s woodworking tool company, JessEm, is feeling the squeeze with US tariffs on Canadian imports. Founded in 1997 by Smith, who named it after his twin daughters Jesse and Emily, the company has grown significantly since then. With a facility in Moncton, New Brunswick, JessEm now employs 65 people and is on track to … Read more
Uganda has launched the world’s first trial for a vaccine against the Sudan virus strain of Ebola, in a groundbreaking move that demonstrates the country’s preparedness for pandemic response. The trial, conducted by Ugandan researchers and partners from the World Health Organization (WHO), aims to assess the clinical efficacy of a vaccine candidate against Ebola … Read more
The US Consumer Financial Protection Bureau has refused to defend Biden-era rules in court after its director, Rohit Chopra, was fired by President Donald Trump. In emergency notices filed with the 5th U.S. Circuit Court of Appeals, the agency’s lawyers stated they would not make any appearances in litigation except to seek a pause in … Read more
A recent survey conducted by Gallup has found that Americans are the most optimistic they have been in seven years about several key economic indicators. Majorities of Americans expect both economic growth and the stock market to increase this year, while 41% predict interest rates will fall, exceeding those who think they will rise. On … Read more
Nvidia’s stock price plummeted sharply after China’s DeepSeek claimed to have built an AI model for less than $6 million, potentially reducing demand for the company’s GPUs. However, two major customers of Nvidia, Meta Platforms and Microsoft, have announced plans to increase their investments in AI research, which may offset any losses. Meta Platforms CEO … Read more