Mergers and acquisitions bankers are cautiously optimistic about the future after a 16% increase in global transaction values, reaching $3.1 trillion this year. The recovery comes two years after a decline in M&A activity. A second Trump presidency poses both risks and rewards for dealmakers. Some predict it could boost M&A activity, while others believe … Read more
The Federal Reserve is expected to make its third consecutive interest rate cut this week, according to economists polled by financial data firm FactSet. The decision will be made on December 17-18, and the central bank’s benchmark rate is likely to decrease by 0.25 percentage points to a range of 4.25% to 4.5%. The Fed … Read more
Bitcoin has been one of the top headlines in 2024 after initially struggling earlier this year. However, it has now rallied in a high-interest-rate environment, breaking away from the rest of the crypto sector. The token is up almost 50% since November 5th and has surged past $101,000. The reason behind Bitcoin’s surge can be … Read more
NASA’s Perseverance rover has successfully reached the rim of Jezero Crater, marking a major milestone in its nearly four-year mission on Mars. The rover, which landed near the crater’s edge in February 2021, has been climbing upward since August to explore new geology and search for signs of life. From its current vantage point on … Read more
The Kansas City Chiefs have waived running back Clyde Edwards-Helaire, citing health issues as the reason for the decision. Edwards-Helaire had previously revealed that he suffers from post-traumatic stress disorder (PTSD) and was placed on the non-football illness list before the 2024 season. A fifth-round pick out of LSU in 2019, Edwards-Helaire had a promising … Read more
A father and his stepmother have been sentenced to minimum prison terms of 40 years and 33 years, respectively, for the murder of their 10-year-old daughter, Sara Sharif. The victim suffered more than 25 broken bones, scalding marks, and human bites during a prolonged campaign of abuse that lasted over two years. Sara’s uncle was … Read more
The second round of the fantasy playoffs is underway, and it’s time to make tough lineup decisions. Here are my start/sit fantasy football picks for Week 16 of the NFL season. Quarterbacks Baker Mayfield (Buccaneers) at Cowboys is a strong QB1 pick with upside. Despite being ranked as the QB5 on the year, his start … Read more
The Federal Reserve is expected to cut interest rates on Wednesday, but many economists believe this move may not be ideal due to uncertainty surrounding President-elect Donald Trump’s policies. According to a CNBC survey of 27 respondents, including economists and strategists, 93% predict the Fed will cut rates by a quarter-point, while only 63% think … Read more
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The European Space Agency (ESA) has confirmed two contracts to support the development of the EU’s secure communication satellites system, known as IRIS2. The €10.6 billion project aims to create a constellation of around 300 satellites in low Earth orbit and medium Earth orbit, providing resilient, secure, and fast communications for EU governments, companies, and … Read more