Tropical Cyclone Alfred is expected to hit the southeastern coast of Australia, bringing strong winds and potential flooding to millions of residents. The storm’s equivalent strength is that of a category 1 Atlantic hurricane, making it rare for the region. The last cyclone to affect an area similar in strength was Cyclone Zoe in 1974, … Read more
Inflation traders are preparing for a potential short-term shock in price gains as the US consumer-price index is expected to post seven consecutive months with annual headline readings near or above 3%. According to Gang Hu, a trader at New York hedge fund WinShore Capital Partners, the inflation market has already factored in tariffs and … Read more
The TV procedural world has been left reeling after CBS canceled two fan-favorite shows, “FBI: International” and “FBI: Most Wanted”, in a surprise move. The news, which was confirmed on Tuesday, comes after negotiations with production company Universal Television. The cancellation of the spin-offs follows the development of an upcoming CIA spin-off, leaving fans stunned … Read more
The 97th Academy Awards have attracted 19.69 million viewers across ABC and Hulu, marking a significant increase from last year’s numbers. This boost comes mainly from streaming platforms, particularly Hulu, which offered the Oscars for the first time this year. While the growth is notable, it’s not as substantial as expected, with only a small … Read more
President Donald Trump’s plan to include three small and relatively risky tokens in an eagerly awaited US strategic crypto reserve has sparked a backlash among bitcoin bulls. The move, announced on his social media platform Truth Social over the weekend, adds a layer of complexity to what was initially seen as a long-awaited move towards … Read more
US President Donald Trump has urged lawmakers to repeal the CHIPS Act, a landmark 2022 law providing $52.7 billion in subsidies for semiconductor chip manufacturing and production. Trump claims that the subsidies do not yield tangible results and instead allow foreign companies to take US funds without spending them. The CHIPS Act was signed by … Read more
The Food and Drug Administration (FDA) unexpectedly canceled its annual meeting with advisers to update next season’s influenza vaccines, leaving experts and officials scrambling to understand the reason behind the decision. The panel, which advises on vaccine strains, was set to meet on March 13 to discuss how to update the shots for the 2025-2026 … Read more
Ukrainian President Volodymyr Zelensky has made a public gesture aimed at salvaging his relationship with US President Donald Trump. The move comes as the two leaders have been under pressure from politicians and media outlets on both sides of the Atlantic. In a surprising display of reconciliation, Zelensky offered an “olive branch” to Trump by … Read more
A consortium led by BlackRock Inc. has agreed to buy 90% stakes in two key ports along the Panama Canal for $23 billion, marking a significant shift in control of the critical shipping lane. The Hong Kong-based conglomerate CK Hutchison Holding announced that it will sell its shares in Hutchison Port Holdings and Hutchison Port … Read more
Asteroid 2024 YR4, initially estimated to be 130-300 feet wide, had sparked concerns about its potential impact on Earth in December 2032. However, after continued observations through early 2025, NASA has confirmed that the asteroid poses no significant impact risk to our planet. According to NASA experts, 2024 YR4’s size and orbit make an airburst … Read more