The US stock market is experiencing extreme volatility amid heavy selling and President Trump’s tariff strategy, which has led to the Nasdaq Composite entering bear market territory last week. The S&P 500 briefly hit a bear market, with the Dow Jones Industrial Average shy of its own mark. However, experts advise against panic selling, emphasizing … Read more
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China’s central bank, the People’s Bank of China (PBOC), has pledged to provide funding support to the country’s sovereign fund when needed. The move aims to stabilize the market and ensure capital stability. According to a statement released on Tuesday, the PBOC will step up its re-lending program to Central Huijin Investment Ltd., a key … Read more
The global trade war declared by the US has sent shockwaves through the stock market, but it’s having a devastating impact on another market – cryptocurrency. Bitcoin, once touted as a symbol of financial freedom and a potential safe-haven asset, is now plummeting in value. As of April 6, the price of Bitcoin fell sharply … Read more
Elon Musk recently escalated a feud with former White House trade adviser Peter Navarro after Navarro claimed that Tesla cars were assembled in the US from parts manufactured abroad. This exchange comes as Democrats increasingly rely on ballot initiatives to shape policy, while Republican lawmakers attempt to limit foreign funding ahead of the midterm elections. … Read more
A high-ranking Vietnamese official has rushed to Washington, seeking discussions on trade and a potential reduction in tariffs imposed by US President Donald Trump. This move comes as Vietnam tries to mitigate the effects of one of the highest tariff rates on its exports. Source: https://www.bloomberg.com/news/articles/2025-04-08/top-vietnam-official-rushes-to-washington-for-talks-on-trade
The US Space Force plans to launch the next GPS III satellite in late May as part of a rapid launch mission. This demonstrates the ability to complete high-priority launches on truncated timelines. The upcoming mission will incorporate lessons learned from the Space Force’s first Rapid Response Trailblazer effort in December 2024, where they quickly … Read more
Kevin Bacon recently chatted with guest Drew Barrymore on her daytime program, reminiscing about their time working together. The conversation touched on their shared experience with director Joel Schumacher, who convinced them to star in Batman Forever. Barrymore fondly recalled her time on the set of Flatliners, which Schumacher also directed. She praised Schumacher and … Read more
US airstrikes in Yemen have killed at least two people and wounded nine others, according to Houthi rebels. The strikes were carried out overnight in Saada, a stronghold of the rebel group. The Iranian-backed Houthis claim no casualties from their own security and military leadership. The incident comes after US President Donald Trump posted a … Read more
Randy Orton’s path to WrestleMania 41 is now uncertain due to Kevin Owens’ neck injury announcement. However, the third-generation Superstar has several potential opponents on his horizon. Firstly, Nick Aldis, the SmackDown general manager, could be the one to teach Orton a lesson in respect for authority. A second RKO left Aldis reeling, and this … Read more