Social Security Changes Spark Widespread Concern Over In-Person ID Checks

The Social Security Administration’s plan to require in-person identity checks for millions of new and existing recipients has ignited a firestorm among lawmakers, advocates, and retirees. The move, set to begin on March 31, aims to combat fraud within the system but is feared to create more barriers for vulnerable populations. Under the new policy, … Read more

Tech Giants Feel Pinch as Short Sellers Reap Big Gains

Short sellers have made significant profits by betting against several top tech companies this year. Nvidia (NVDA) and Tesla (TSLA) are among the stocks being targeted, with short sellers collecting nearly $15 billion in losses so far this year. Tesla’s 40% decline has been a major contributor to these gains. The downturn is part of … Read more

Netanyahu’s Gaza War Sparks Fury Outside Israel’s Parliament

Israeli Prime Minister Benjamin Netanyahu faced widespread criticism and protests outside the Knesset in Jerusalem after he resumed the war in Gaza, shattering a two-month-old ceasefire with Hamas. Thousands of protesters gathered on Highway 1, holding banners reading “The future of the coalition or the future of Israel.” They accused Netanyahu of prioritizing his political … Read more

Ukraine’s Stealth Drone Raids Target Russian Bombers

Ukraine’s drone strikes on Russia’s Engels bomber base have sparked a devastating series of explosions, destroying some cruise missiles and forcing Russia to scramble its air defenses. The raids, part of a 10-week campaign targeting the base, demonstrate Ukraine’s “left-of-boom” strategy – hitting enemy strongpoints before they can be attacked. This tactic has been adopted … Read more

EU Summit Focuses on Defence and Ukraine

The European Union summit in Brussels was dominated by discussions on Russia’s war on Ukraine and defence policy. Hungary refused to endorse a joint text on continuing military support to Ukraine, overshadowing the original agenda of competitiveness issues and the next EU budget. Leaders had planned to discuss ways to boost competitiveness but were instead … Read more

Cookies and Tracking Technologies Used on Our Website

Our website uses cookies and tracking technologies to store and access personal data from your device. When you select Accept, these technologies enable us to process data for various purposes, including improving the content you see. By choosing Accept, some non-essential features like personalized ads may become available. However, if trackers are disabled, your browsing … Read more

Nio Reports Record Net Loss in Q4, Sees Sales Growth Ahead

Nio (NYSE: NIO) released its fourth-quarter 2024 earnings report today, revealing a record net loss despite improved sales growth. The company aims to sustain annual vehicle sales of over 2 million units and achieve gross margins of 20 percent for long-term survival. Nio will maintain R&D expenses at RMB 3 billion per quarter this year … Read more