Russia claims it has regained full control over the Kursk region in Ukraine, but Kiev denies this, saying its forces remain on the ground. Chief of Staff Valery Gerasimov stated that Russian forces had reclaimed the region, eight months after a surprise incursion by Ukrainian troops. However, Ukrainian military officials say their operations continue in … Read more
Hamas has expressed its willingness to negotiate a ceasefire in exchange for the release of all remaining hostages, including a one-time prisoner exchange, according to an official from the organization. A delegation led by Khalil al-Hayya will meet with Egyptian officials in Cairo, aiming to present Hamas’s vision for ending the fighting. However, senior Hamas … Read more
US Treasury yields declined Wednesday as a rally in dollar-denominated risk assets took hold, following comments from President Donald Trump that suggested tariffs on Chinese imports may drop. Long-maturity yields fell 17 basis points to around 4.71%, while 10-year yields dropped 15 basis points before paring their declines. The market reaction is attributed to Trump’s … Read more
Intel Corporation has announced significant layoffs across its US operations, with around 12,000 jobs at risk. While the move is intended to reduce costs and boost efficiency, it may not be enough to address the company’s underlying challenges. The semiconductor industry remains fiercely competitive, with Intel facing intense pressure from rival companies such as Taiwan … Read more
A new report from the University of Michigan’s Institute for Social Research has found that US consumer sentiment plummeted in April, marking the largest drop since the 1990 recession. The index of consumer sentiment fell by 32% since January, with consumers expecting risks to multiple aspects of the economy, primarily due to ongoing trade policy … Read more
The European Space Agency (ESA) has released new images of the star cluster M72, a globular cluster located 50,000 light-years from Earth. The revisit features the latest Hubble data and advanced processing techniques. This ancient group of stars is part of Messier’s collection, discovered by French astronomer Pierre Méchain in 1780. The updated image showcases … Read more
A new study has shed light on what exoplanets might look like, revealing a significant population of rocky super-Earths in distant orbits. The researchers used the transit and radial velocity methods to discover these planets, which are likely to be more similar to Jupiter’s orbit than Earth’s. In contrast to our own Solar System, exoplanet … Read more
Phoebe Gates and Sophia Kianni, two Gen Z founders, have launched their new startup Phia, a price-comparison tool that helps online shoppers find cheaper secondhand listings and answer the question, “should I buy this?” The tool sources information from across popular resale platforms like Depop, Poshmark, and eBay to share other listings and the median … Read more
The Pokémon Company has released life-size plushies for Eevee and its eight evolutions. This new merchandise line, part of “Year of Eevee,” features nine large plush toys that will be available in Japan before potentially making their way overseas. Eevee is a beloved Pokémon due to its ability to evolve into different forms based on … Read more
In a landmark antitrust case, the US government is examining whether Mark Zuckerberg quashed competition when acquiring Instagram and WhatsApp in 2012 and 2014. The trial revisits a bygone era of social media, where apps like Facebook, Path, Orkut, and Google Plus once dominated the market. Executives from Meta, including former CEO Sheryl Sandberg and … Read more