In a move that has sparked both relief and concern, Austria’s three leading centrist parties have reached an agreement to form a coalition government without the far-right Freedom Party, the leading vote-getter in recent elections. The decision marks a significant shift away from traditional political alliances and is seen as a bid to distance itself … Read more
Kia is entering the electric camper market with its new Light Camper van, built on the PV5 electric van platform. The mid-sized van will launch in Korea and Europe later this year, starting at £29,000 ($37,000). Kia aims to rival Volkswagen’s ID.Buzz with its own light camper offering. The Light Camper features a range of … Read more
Rockstar Games has announced the next major update for GTA Online, which includes new content from the Agents of Sabotage DLC. The update will launch on March 4th and will bring a range of exciting features. New Business And Property Players will be able to start an all-new arms trafficking business with the Oscar Guzman … Read more
The NFL’s new record-breaking salary cap of $279.2 million for the 2025 season will put pressure on the Philadelphia Eagles to make tough decisions about their pending free agents. With approximately $22.1 million in available space, the Eagles are likely to retain only a few of their key players from last year’s roster. General manager … Read more
The personal consumption expenditures price index (PCE), the Federal Reserve’s preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate. Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. The slight easing of inflation is attributed to concerns over President Donald Trump’s tariff … Read more
Austria has formed a new centrist government without the far-right Freedom Party, which won an election in September. The conservative Austrian People’s Party, center-left Social Democrats, and liberal Neos agreed on a program for a coalition after weeks of negotiations. Christian Stocker, the new People’s Party leader, is set to become chancellor. He spent his … Read more
Israel has presented a plan to the UN and aid organizations for governing Gaza, which includes tighter control over the territory than before, casting doubt on whether Prime Minister Benjamin Netanyahu’s government intends to carry out a military withdrawal. The plan involves distributing aid through tightly managed logistics hubs to vetted Palestinian recipients. A similar … Read more
OpenAI is launching its latest model, GPT-4.5, claiming it as the “largest and most knowledgeable model yet.” However, critics are not impressed. The company’s expectations seem to be tempered by experts who have called the model a “nothingburger” or a “lemon.” GPT-4.5 is significantly more expensive than its predecessor, GPT-4o, priced at $75 per million … Read more
Nvidia’s stock price fell 8.5% on Thursday, reaching its lowest point in a month, as investors worry about the company’s growth outlook amidst the AI spending boom. A massive bearish bet was made by a trader who bought over 300,000 contracts expecting Nvidia’s shares to drop to $115 by March 7, representing a 12% decline … Read more
The Social Security Administration (SSA) is set to lay off at least 7,000 employees from its workforce of 60,000, with some estimates suggesting the cuts could be as high as 50%. The reductions are part of President Trump’s administration efforts to shrink the federal workforce. According to sources familiar with the agency’s plans, SSA will … Read more