China has been selling US Treasury holdings, converting dollars to euros and buying European bonds, as part of a broader economic strategy aimed at weakening the US economy. This move may be seen as a strong message by China, making it more difficult for the US government to borrow money in the future. The tactic … Read more
Sean Combs, accused of sex trafficking and racketeering, wants the court to seal his explicit videos, known as “freak offs,” which prosecutors plan to use as evidence. The videos allegedly feature Combs performing and recording elaborate sexual acts, including those with victims Cassie Ventura and four other women. Prosecutors argue that these sensitive videos should … Read more
Lux Pascal, younger sister of Fantastic Four and The Last of Us star Pedro Pascal, praised her brother as a true superstar while attending the Platino Awards in Madrid. The Chilean-American actress talked about her experience growing up alongside Pedro and his impact on her life. Lux shared that she’s always known Pedro was special … Read more
A global market analysis by Ginnie Mae reveals that foreign countries, including China, hold over $1.32 trillion in U.S. mortgage-backed securities (MBS). If Chinese institutions were to sell off these assets and other countries follow suit, it could lead to a ripple effect through global financial markets. China’s central bank maintains the value of its … Read more
President Donald Trump’s administration is downplaying recent economic polling that shows his economic standing with the public slipping sharply. Despite dismal numbers, including a career-low 39% approval rating for his economic strategy and over seven in 10 Americans now rating the economy as “not so good” or “poor”, top Trump officials insist that tariffs and … Read more
Warren Buffett’s Berkshire Hathaway has a unique opportunity to capitalize on the current market instability caused by President Trump’s chaotic tariff rollout. With $318 billion in cash reserves, Buffett can potentially buy stocks cheaply during this bear market. Berkshire Hathaway sold most of its Apple shares in 2024, leaving the company with more cash than … Read more
Scientists have made a groundbreaking discovery inside the Yellowstone supervolcano, finding a “breathing” magma cap that helps reduce the chances of a massive eruption. The 2.6-mile deep cap acts as a lid, trapping heat and pressure beneath it but also releasing some pressure through porous channels, making the system less likely to blow. The study’s … Read more
NASA is building a new spacecraft called the HALO capsule in Gilbert, Arizona, which will orbit the Moon before heading to Mars. The $140 million mission aims to become a stepping stone for humans to set foot on the Red Planet. The HALO capsule is being outfitted with its interior and exterior components at Northrop … Read more
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The US economy is experiencing a slump, with demand dwindling due to the imposition of tariffs imposed by President Trump. This has resulted in decreased air freight and impacted ports across the country. The economic downturn is affecting various industries, including manufacturing and trade. Source: https://www.ft.com/content/967a0c1a-6ae5-4d72-bd78-b7a8bdabccea