Coinbase Global Inc., the largest US crypto exchange, saw its shares fall after reporting lower-than-expected revenue for the second quarter. The company generated $1.5 billion in revenue, a 3.3% increase from the same period last year. However, this was below analysts’ estimates of $1.59 billion. The drop in revenue can be attributed to reduced market … Read more
US President Donald Trump has expressed doubts about reaching a trade deal with Canada, citing Canada’s plan to recognize a Palestinian state. This development casts a shadow on ongoing talks between the two nations, which are set to be disrupted by higher U.S. tariffs coming into force tomorrow. Source: https://www.washingtonpost.com/politics/2025/07/31/trump-canada-trade-tariffs-palestinian-statehood
Governor Christopher J. Waller expressed his disagreement with the Federal Open Market Committee’s (FOMC) stance at their recent meeting, where they decided not to cut the policy rate despite his strong argument for doing so. Waller believes that tariffs are a one-off price increase and do not cause long-term inflation. He also cites data showing … Read more
A record share of incoming kindergarten students in the US were exempt from a required vaccination last school year, with about 3.6% having an exemption, leaving around 138,000 new schoolchildren without full coverage for at least one state-mandated vaccine. This is according to recent data published by the US Centers for Disease Control and Prevention. … Read more
Cincinnati Reds are gearing up for their upcoming game at Bristol Motor Speedway, where they’ll face the Atlanta Braves. The team is excited about the event, with pitcher Brent Suter saying he’s “locked and loaded” and enthusiastic about the fans’ support. Manager Terry Francona notes that while the game is not an exhibition, it’s essential … Read more
Switzerland is reeling from its highest-ever tariffs imposed by the United States, a devastating blow in a trade war between the two nations. The 39% tariff is the fourth-highest globally, behind only Syria, Laos, and Myanmar. Just weeks ago, Switzerland’s government was confident about striking a deal with Washington, with President Karin Keller-Sutter meeting US … Read more
Ukraine’s Parliament voted to restore the powers of two anticorruption agencies after President Volodymyr Zelensky faced backlash for undermining their independence. The move came amid protests sparked by a July 22 bill that would have neutered the agencies, which have been instrumental in combating corruption. On Thursday, lawmakers overwhelmingly approved legislation to reverse the bill, … Read more
Design software vendor Figma made its public market debut on Thursday, with shares more than tripling in the first day. The stock jumped 5% on Friday, trading above $120. Figma priced its shares between $30 and $32 per share, $1 above initial estimates. The company, founded in 2012, had a tumultuous past. Adobe tried to … Read more
A recent case series reported on 41 US children who died or suffered severe brain damage from influenza-related acute necrotizing encephalopathy (ANE), despite receiving multiple treatments. The study, published in JAMA, found that most children were previously healthy and had not been vaccinated against flu. The researchers analyzed data from 23 US hospitals and found … Read more
Meta CEO Mark Zuckerberg has outlined his vision for “personal superintelligence” – AI that helps individuals achieve their goals and improve their lives. This technology aims to surpass human cognition, teaching itself and solving complex problems. Zuckerberg believes personal superintelligence will enable people to be more empowered to shape the world they want to see. … Read more