US Treasury yields fell on Friday after stronger-than-expected employment data showed that tariff uncertainty hasn’t yet affected the jobs market, leading traders to reduce bets on imminent interest-rate cuts. The data, which showed a rise of 177,000 non-farm payrolls above estimates, pushed yields higher by more than 10 basis points. Traders have pulled back their … Read more
Berkshire Hathaway’s operating earnings plummeted by 14% to $9.64 billion in the first quarter, exceeding expectations as President Donald Trump’s tariffs and geopolitical risks continue to cast a shadow over the conglomerate. The decline was largely driven by an 48.6% plunge in insurance-underwriting profit, which fell to $1.34 billion from $2.60 billion last year. The … Read more
WWE has confirmed the departure of talented wrestler Dani Palmer, who shared the news on social media alongside her boyfriend, current NXT Tag champ Tank Ledger. The 15-year-old Baylor University alumna and former national champion in tumbling and acrobatics announced that she will be wrapping up her professional wrestling career due to injury. Palmer has … Read more
Arizona’s bid to become a pioneer in integrating Bitcoin into its financial strategy has hit a roadblock. The state’s House narrowly passed Senate Bill 1025, also known as the “Arizona Strategic Bitcoin Reserve Act,” which aimed to establish Bitcoin holdings within Arizona’s official reserves. The legislation would have allowed state officials to manage a digital … Read more
Romania is set to hold a presidential election rerun on May 18, with 11 candidates vying for the top spot. The main contenders are George Simion, Crin Antonescu, Nicusor Dan, Victor Ponta, and Elena Lasconi. George Simion, leader of the radical right Alliance for Uniting Romanians, leads in opinion polls, but his campaign has raised … Read more
The White House has released its proposed budget for 2026, which would significantly reduce funding for NASA. The cuts would amount to more than $6 billion from the 2025 budget, representing a 24% decrease. This is the largest single-year reduction in NASA’s history. The proposals include canceling the Gateway space station project and phasing out … Read more
Yemen’s presidential council has appointed Salem Saleh Bin Braikas as the country’s new prime minister after his predecessor, Ahmed Awad bin Mubarak, resigned due to “many difficulties”. The decision comes amid a power struggle between bin Mubarak and Rashad Al-Alimi, head of the council. Bin Mubarak had clashed with Al-Alimi over his powers, particularly after … Read more
Physicists have successfully created a model of a “black hole bomb” in a lab, verifying a theory first proposed over 50 years ago. The experiment demonstrates the amplification and exponential growth of waves emanating from a rotating black hole, as predicted by theoretical physicist Yakov Zel’dovich in 1971. The team at the University of Southampton … Read more
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