US stocks plummeted on Wednesday, erasing gains made since the presidential election, as tariffs imposed by the Trump administration on Canadian and Mexican goods took effect. The move, which was announced in September, marks a significant escalation of trade tensions between the US and its two largest trading partners. The tariffs, worth around $12 billion, … Read more
The stock market has taken a significant hit since Donald Trump’s presidential win, with record highs evaporating in the face of escalating tariffs and fears of slow economic growth. The S&P 500 index is now down around 2% for the year, while the Nasdaq Composite is off over 5%. Traders are spooked by the potential … Read more
President Donald Trump’s pick to lead policy for the Pentagon, Elbridge Colby, refused to acknowledge that Russia invaded Ukraine during a confirmation hearing, making him the second top Defense Department nominee in a week to equivocate on the question. Colby, a former Pentagon official nominated to be the undersecretary of defense for policy, said he … Read more
252 million years ago, ancient frogs outsmarted Earth’s deadliest extinction event, the end-Permian mass extinction. This event was even more devastating than the widely known dinosaur extinction and wiped out 90% of life on the planet. Ancient frog relatives, temnospondyls, were among the few species that survived and thrived in a world of extreme heat … Read more
The launch of Europe’s Ariane 6 space rocket has been postponed due to an unspecified “anomaly” on the ground, according to Arianespace. The mission, set to carry out its first commercial flight, was delayed just minutes before its scheduled departure. The latest delay brings the mission’s rescheduling to a total of at least three postponements … Read more
European Union President Ursula von der Leyen has proposed a plan to increase defense spending by up to 800 billion euros ($841 billion), with the goal of making Europe more secure and resilient. The plan, known as “ReArm Europe,” aims to mobilize loans of 150 billion euros for EU member states to invest in key … Read more
Kevin Durant’s name has resurfaced as a potential trade piece for the Phoenix Suns in the offseason. ESPN’s Shams Charania revealed that Durant and the Suns would likely work together on any potential trade to a contender, with four to six teams expected to have serious involvement. The Suns need to make changes, but Bradley … Read more
A Minnesota bill proposes taxing products containing per- and polyfluoroalkyl substances (PFAS), also known as “forever chemicals.” The state legislature aims to address the environmental and health concerns associated with these substances, which have been linked to various human health issues. The bill would impose a tax on products that contain PFAS, including food packaging, … Read more
Chinese smartphone maker Honor Device Co. plans to invest $10 billion over five years to become a major player in the artificial intelligence market. The company, which was spun off from Huawei Technologies Co., has announced a new corporate strategy centered on building an AI ecosystem focused on device-centric technology. Honor’s CEO James Li outlined … Read more
AOL, part of the Yahoo family of brands, is providing users with the option to opt-out of cookies and personal data usage beyond its core services. Users can choose to reject all uses of cookies and personal data by clicking “Reject all” on the website or app. If you want more control over your choices, … Read more