LA Peninsula Slides Towards Pacific as Landslides Accelerate

NASA warns of accelerating landslides threatening hundreds of buildings on the Palos Verdes Peninsula in Los Angeles, California. The region has been slowly moving towards the ocean for decades but new data suggests the rate of movement has increased. Radar data from NASA’s Jet Propulsion Laboratory shows that residential land is now moving at a … Read more

PayPal Beats Expectations with Strong Q4 Earnings and Guidance

PayPal has reported better-than-expected fourth-quarter earnings and revenue, exceeding analyst estimates. The company also issued guidance that topped expectations. The company’s total payment volume rose 10% in the quarter from a year earlier, driven by Venmo’s growth. PayPal’s earnings per share were $1.19, adjusted for non-cash items, compared to $1.12 expected by analysts. In its … Read more

Pfizer’s Stock Falls Despite Surprising Earnings Beat

Pfizer Inc. saw its stock fall despite beating Wall Street’s expectations for fourth-quarter revenue and profit. The company reported a net income of $410 million, or 7 cents a share, reversing a loss of $3.37 billion in the same quarter last year. Analysts expect Pfizer’s growth to accelerate, with the firm predicting increased focus on … Read more

State Farm Requests Emergency Rate Hike After LA Fires

Insurance giant State Farm is seeking California state officials to approve an emergency rate increase of 22% for homeowners in the state, effective May 1. The move comes after devastating fires in the Los Angeles area caused widespread destruction and resulted in over 8,700 claims worth around $1 billion. State Farm expects to pay significantly … Read more

EU Takes Aim at Big Tech in Trump Tariff Retaliation

The European Union is preparing to impose its own tariffs on American goods in response to President Donald Trump’s trade policies, including his recent decision to impose 25% tariffs on certain imported steel and aluminum products. In a move that could escalate tensions between the two economies, EU officials are expected to unveil a list … Read more

Rubio Meets with Panamanian President Amid Canal Control Push

US Secretary of State Marco Rubio met with Panamanian President José Raúl Mulino on his first overseas trip, amid a push by the Trump administration for control of the Panama Canal. The canal, which serves as a shortcut between the Pacific and Atlantic Oceans, is crucial to global trade. Rubio emphasized the need for US … Read more

Trump Vows US Control Over Gaza Strip

President Donald Trump has announced that the United States will take control of the Gaza Strip. He stated that the land should be rebuilt and occupied by people other than the current leaders, who he described as “the same people”. This statement comes at a time when the US is involved in various Middle Eastern … Read more

Senators Unveil Plan for 10% Credit Card Interest Rate Cap

US senators Bernie Sanders and Josh Hawley are set to introduce a bill that proposes a temporary 10 percent limit on credit card interest rates. The move, aimed at curbing high rates that have risen over the past decade, is expected to spark opposition from banks and lenders. The proposal comes as the average credit … Read more

Alphabet Misses Revenue Expectations, Shares Fall 9%

Alphabet’s fourth-quarter earnings report revealed revenue fell short of expectations, with shares plummeting nearly 9% in after-hours trading. Despite the miss, the company’s earnings per share beat analyst estimates by two cents. The company reported revenue of $96.47 billion, missing the expected $96.56 billion. Google’s advertising revenue grew 10.6%, while search revenue growth was 12.5%. … Read more