As summer approaches in the Northern Hemisphere, it may seem counterintuitive that the planet is at its farthest point from the sun. However, this year, our distance from the sun has only resulted in a tiny 3.3% difference compared to its closest point. The real reason for seasonal temperature changes lies not in the planet’s … Read more
This week’s full buck moon will make its debut on Thursday, July 10, marking the first full moon of summer in the Northern Hemisphere. The name “buck moon” comes from the antlers that emerge from a buck’s forehead during this time. The full moon will reach its peak at 4:38 p.m. EDT on Thursday and … Read more
Get Ready for the Ultimate Fourth of July Sales! While Prime Day may not arrive until next week, you can kick-start your holiday weekend with incredible deals on backyard upgrades and summer essentials. Top retailers like Carhartt, Wayfair, Target, and Walmart are offering significant discounts on a wide range of products. Carhartt Essentials: Up to … Read more
The US Federal Communications Commission (FCC) has regained its authority to conduct wireless spectrum auctions, a move hailed as key to the nation’s economic and national security interests. President Donald Trump’s One Big Beautiful Bill was passed by the House of Representatives yesterday and is expected to be signed into law today. The bill restores … Read more
Beijing is imposing duties of up to 34.9% on European brandy imports starting July 5 for five years. The major French cognac producers Remy Cointreau, Pernod Ricard, and LVMH’s Hennessy will be exempt from the duties if they export spirits above a certain price threshold. This is below the provisional rate of up to 39% … Read more
United Parcel Service (UPS) is expected to unveil a plan that would buy out full-time employees represented by the Teamsters union, directly violating the union’s national contract protecting 340,000 delivery workers. The proposed Driver Voluntary Severance Plan (DVSP) would offer cash incentives to drivers who initiate early retirement or quit their job. The DVSP is … Read more
US stock futures fell on Friday ahead of a key July 9 deadline to finalize trade deals with the US government. American trade partners are pushing for concessions, while OPEC+ delegates meeting tomorrow will consider increasing oil production by over 411,000 barrels per day in August. The US benchmark index ended the trading week at … Read more
Australian Prime Minister Anthony Albanese has vowed to take decisive action against an apparent arson attack on a synagogue in Melbourne. The incident occurred on Friday night when a man poured liquid on the front door and set it on fire, forcing 20 people inside to evacuate without injury. Police are investigating if the attack … Read more
Pope Francis’s decision not to spend his summer holidays in Castel Gandolfo has left a lasting impact on the sleepy hilltop town, but his successor, Pope Leo, is set to revive the tradition. The new pontiff will arrive on Sunday for a two-week stay and return in mid-August. Residents are thrilled at the prospect of … Read more
European shares fell on Friday, led by losses in banks and mining-related stocks, with the STOXX 600 index down 0.5% for the day. This marks a marginal weekly fall. The decline was also reflected in other regional indexes, including Germany’s DAX (-0.6%) and France’s CAC 40 (-0.8%). Spain’s benchmark index lagged behind with a 1.5% … Read more