The chief executive at Freddie Mac, the largest mortgage guarantor in the US, has been fired as part of a government overhaul aimed at reducing federal oversight of the industry. The move comes after the Trump administration replaced several board members at both Fannie and Freddie, with Pulte taking seats on both boards. Freddie Mac … Read more
US President Donald Trump and Federal Reserve Chairman Jerome Powell surprised investors with their views on tariffs’ impact on the economy, hinting at a possible tightening of interest rates to combat inflation. The Fed held its monetary policy steady at 4.375%, but forecasted lower GDP growth due to renewed price pressures from tariffs. This has … Read more
A new study published in Nature Genetics reveals that the evolutionary path of modern humans is more complex than previously thought. The research suggests that ancient human ancestors split into two separate groups around 1.5 million years ago, diverging genetically and then reconnecting about 300,000 years ago. The study used a genome sequence analysis conducted … Read more
The European Union (EU) plans to exclude US arms companies from a €150 billion ($165 billion) defense spending initiative, according to a document confirmed by the European Commission. This move represents a significant shift in trans-Atlantic relations and reflects Europe’s desire for greater independence in defense procurement and strategy. US President Donald Trump has been … Read more
Spring brings millions of Americans suffering from allergies. Understanding when different types of pollen reach their highest levels can help manage symptoms effectively. Tree pollen peaks in late winter to early spring, typically between February and May, depending on location. Warm, dry days exacerbate levels, while rainy days clear the air. Common culprits include oak, … Read more
Indie game developer LocalThunk’s roguelike deckbuilding game Balatro took home the top prize of Game of the Year at the 2025 Game Developers Choice Awards. The game, which combines elements of Poker with a unique twist on roguelike gameplay, also won awards for Best Debut, Innovation Award, and Best Design. The award ceremony, held at … Read more
QXO, a private company backed by billionaire Brad Jacobs, has agreed to buy Beacon Roofing Supply in an $11 billion deal. The acquisition ends weeks of speculation about the takeover and gives QXO control over Beacon’s extensive network of branches across the US and Canada. The deal comes as investors seek stability amid growing macroeconomic … Read more
Apple is shaking up its executive ranks as it tries to revamp its struggling artificial intelligence efforts, including the Siri virtual assistant. In a move aimed at boosting productivity and addressing long-standing delays, the company has promoted Mike Rockwell, the creator of Vision Pro, to lead the Siri team. According to people familiar with the … Read more
Astronomers have made a surprising discovery in the early universe, finding oxygen in a galaxy that is only 300 million years old. This revelation challenges current understanding of how galaxies formed and evolved. The galaxy, JADES-GS-z14-0, was detected using powerful telescopes and shows signs of rapid growth and maturation. According to scientists, the presence of … Read more
Katie Couric has been a vocal advocate for colon cancer awareness since her husband Jay Monahan’s diagnosis in 1997. At the age of 41, Monahan was diagnosed with stage 4 colon cancer, which led to his untimely death nine months later. Since then, Couric has dedicated herself to spreading awareness about the disease and its … Read more