President Donald Trump has been touting his economic policies as a recipe for prosperity, but new data and expert analysis paint a very different picture. The US economy has experienced its first slowdown in three years, with analysts warning that the country is inching closer to recession. Trump’s imposition of tariffs on foreign imports has … Read more
Whooping cough cases are on the rise in the US, with over 6,600 reported so far this year – nearly four times the number at the same point last year. The Centers for Disease Control and Prevention (CDC) reports that more than 35,000 cases of whooping cough have been documented in 2024, the highest in … Read more
Eli Lilly’s shares fell by roughly 10% on Thursday after the company downplayed CVS Health’s decision to drop its obesity drug Zepbound from some lists of medicines it covers for reimbursement. Despite this, Lilly CEO Dave Ricks said most customers affected would be smaller employers, which typically do not cover obesity drugs. CVS’s pharmacy benefit … Read more
Tesla CEO Elon Musk has taken to social media platform X to strongly deny a report that claimed the company was actively seeking to replace him as CEO. The Wall Street Journal reported earlier this week that the eight-person Tesla board had contacted multiple executive search firms to initiate the hunt for a new leader. … Read more
Pakistan is waiting for India’s next move after a shocking militant attack on tourists in Indian-administered Kashmir, which killed 26 people and sparked the worst crisis between the two nuclear-armed nations in half a decade. Islamabad has accused India of “linkages” to the attack, while New Delhi has blamed Pakistan without identifying the group behind … Read more
The economic calendar kicked off the week with a bang as Gross Domestic Product (GDP) data was released, providing insights into the US economy’s performance. The numbers showed a moderate growth rate, with imports playing a significant role in the data. When excluding the impact of increased imports, domestic consumption appeared normal and in line … Read more
Astronomers have confirmed the existence of a gas giant exoplanet, WD 1856+534 b, orbiting a white dwarf star as the coldest planet ever detected. The discovery was made using the James Webb Space Telescope (JWST) and provides valuable insights into the fate of planetary systems after stellar death. In 2020, researchers initially identified the exoplanet, … Read more
The US State Department has clarified that the country will not participate in a fourth round of denuclearization talks with Iran, contrary to reports suggesting it would take place this weekend in Rome. Spokesperson Tammy Bruce stated at a news conference on Thursday that there was no confirmation of US participation. However, she did express … Read more
The Oropouche virus is more common and deadly than previously thought, particularly in warm, rainy regions. Experts recommend insect protection and further research on pregnancy risks. The virus causes a febrile illness similar to dengue and Zika, with recent evidence suggesting it may harm unborn children. A comprehensive study led by Prof. Jan Felix Drexler … Read more
US jobless claims rose unexpectedly, exceeding expectations, with a seasonally adjusted total of 241,000 for the week ended April 26. This marks the highest total since February 22 and surpasses the estimated 225,000. Continuing claims also increased to 1.92 million, the highest level since November 13, 2021, with an uptick of 83,000. New York saw … Read more