Billionaires Lose Billions as Market Declines

The net worth of top US billionaires has plummeted by around $10 billion daily since February. According to Fortune, this drop is linked to the salary of 15 million workers ($314 billion). The decline was first seen in January 2025, when the pockets of tech giants like Meta’s Mark Zuckerberg, Amazon’s Jeff Bezos, and Elon … Read more

Gold Prices Rise Amid Trade Tensions and Dollar Weakening

Gold prices surged on Tuesday as a weaker US dollar and increased safe-haven demand pushed spot gold up 0.7% to $2,914 an ounce. The gain follows the imposition of new tariffs by US President Donald Trump, which has sparked global trade tensions. The US dollar index fell 0.7%, making dollar-priced gold more affordable for buyers … Read more

Oilers Acquire Trent Frederic in Trade Deadline Deal

The Edmonton Oilers have made a significant move at the trade deadline, acquiring center Trent Frederic from the Boston Bruins. The deal sent forward Max Jones to the Bruins in exchange for Frederic, a second-round pick in 2025 and fourth-round pick in 2026. Frederic, a 27-year-old winger with above-average speed and a gritty playing style, … Read more

Japan’s Worst Wildfire in Decades Spreads Amid Dry Winter

A massive wildfire in northern Japan is spreading rapidly after damaging dozens of homes and forcing over 1,000 people to flee. The fire, which broke out in the city of Ofunato on the north-east coast, has spread through about 2,100 hectares of land and damaged 84 homes. Local authorities believe the blaze may have contributed … Read more

Nvidia Stock Sees ‘Increasingly Attractive’ Valuation

Nvidia’s stock is experiencing a rare phenomenon – falling stock prices are making its valuation more attractive, according to Bernstein analyst Stacy Rasgon. Shares of the company have lost 8.7% in Monday trading and are down 15% at the start of the year. This decline has led Rasgon to reevaluate Nvidia’s valuation metrics, which are … Read more

Markets Snap Back as Nvidia Beats Expectations

The S&P 500 snapped out of its four-day losing streak barely, with stock futures rising after the index closed just 0.01% higher on Wednesday. Nvidia’s fourth-quarter earnings report was a major driver of the market’s recovery. The company surpassed Wall Street’s expectations for revenue and provided a strong forecast for the current period, indicating confidence … Read more

Sudan’s Child Rape Epidemic Sparks Humanitarian Crisis Response

Sudan is facing a severe humanitarian crisis, with millions displaced by conflict and widespread human rights abuses reported. The situation is particularly dire for children, who are being subjected to sexual violence at an alarming rate. The conflict, which began in April 2023, has driven people from their homes and spawned a crisis of famine, … Read more

Arsenal Make Champions League History with 7-1 Rout of PSV

Arsenal made history by becoming the first team to score seven goals in an away Champions League knockout game, defeating PSV Eindhoven 7-1 in the first leg. The Gunners’ dominance started from the beginning, with Jurriën Timber opening the scoring in the 18th minute. Teenager Ethan Nwaneri followed with a goal just minutes later, and … Read more