Stephen Hauser, a renowned neuro-immunologist, has received the 2025 Breakthrough Prize in Life Sciences for his groundbreaking work on multiple sclerosis (MS). Hauser’s pioneering research identified B cells as the primary driver of damage to nerve cells in MS patients. His discoveries have revolutionized modern treatment of the disease, leading to therapies that have reduced … Read more
Nintendo Switch cartridges have sparked an unusual interest among gamers – licking and tasting them. The company has addressed the issue, warning against consuming the cartridges due to their bitter taste. According to Nintendo’s Takuhiro Dohta, “we don’t want anybody to be at risk of any unwanted consumption.” To address this concern, the company embedded … Read more
US Treasuries fell on Tuesday, marking the wildest day for bond traders since the pandemic era in March 2020. The decline led to a three basis point increase in yields on 10-year US bonds to 4.21%. This followed a volatile start to the week, where early gains turned into losses. German interest rates also rose, … Read more
UK Chancellor Rachel Reeves has expressed cautious optimism about the global markets, citing signs that the punishing sell-off triggered by US trade tariffs is starting to ease. Speaking to parliament, she confirmed that markets are functioning effectively and the banking system is resilient, after discussing with Bank of England Governor Andrew Bailey. Reeves also emphasized … Read more
An Israeli strike hit near a charity kitchen in Gaza as Palestinians gathered for food, killing over 30 people, mostly women and children. The attack also injured six journalists, including two who were killed. The strike targeted what the military claimed was a Hamas militant posing as a journalist. Charity kitchens have been drawing bigger … Read more
The European Union is urging China to negotiate a resolution in response to the US tariffs imposed on Chinese goods. The EU has expressed its concerns about the impact of these tariffs on trade and the global economy. To read more, including analysis and expert opinions, subscribe now to The Financial Times and get access … Read more
BlackRock CEO Larry Fink has warned that many business leaders believe the US economy is already in a significant downturn, with some calling it a recession. According to Fink, most CEOs he talks to think the economy is likely in recession right now. Fink also expressed concerns about the impact of President Donald Trump’s trade … Read more
Israel’s Supreme Court began a hearing on Tuesday into Prime Minister Benjamin Netanyahu’s bid to sack the head of the domestic intelligence service, amid protests and tensions. Netanyahu’s move to dismiss Shin Bet chief Ronen Bar was blocked by the court after it agreed to consider petitions against the decision. Critics argue that the real … Read more
The stage is set for the 2025 Masters Tournament, where golf fans are salivating over the potential for a “chalky” outcome reminiscent of last year’s Super Bowl and World Series winners. The top two golfers in the world, Scottie Scheffler and Rory McIlroy, are the favorites at Augusta National, with Scheffler currently sitting at +450 … Read more
The University of Florida Gators won their third NCAA men’s basketball national championship by defeating the University of Houston 65-63 at the Alamodome in San Antonio. The game was a dramatic comeback for the Gators, who trailed by as much as 12 points early in the contest. Houston Coach Kelvin Sampson had implemented a defensive … Read more