US President Donald Trump has announced plans to impose a 25% tariff on all steel and aluminum imports, starting from Monday. The tariffs will apply to Canada, Brazil, Mexico, South Korea, and Vietnam, according to data from the American Iron and Steel Institute. The move is part of Trump’s ongoing trade policy strategy, which includes … Read more
The Bank of England’s interest-rate cuts have failed to translate into lower borrowing costs for households and the government, leaving Chancellor Rachel Reeves struggling to achieve her economic growth targets. The central bank has lowered its benchmark rate three times since August, but swap rates and gilt yields remain high, making it harder for BOE … Read more
Four US stocks are in focus this week: T-Mobile (TMUS), Axon Enterprise (AXON), Bank of America (BAC), and Royal Caribbean (RCL). Sea (SEA) is also worth monitoring. The recent stock market rally ended on a disappointing note last Friday, driven by inflation concerns and Trump’s tariff fears. The Nasdaq index fell below its 50-day moving … Read more
Ecuador is on the brink of a historic presidential runoff between conservative president Daniel Noboa and leftist former congresswoman Luisa González. The election, which will take place on April 13, comes after a first-round performance by Noboa that was better than expected. With over 92% of ballot boxes counted, Noboa leads with 44.31%, just ahead … Read more
Rising energy costs and climate concerns have led homeowners to seek more sustainable heating options. A comprehensive study has identified air-to-water heat pumps paired with solar panels as the most efficient and cost-effective solution. Researchers from the Technical University of Munich analyzed 13 different heating systems, combining Life Cycle Analysis and Net Present Value calculations … Read more
US President Donald Trump has announced plans to halt the production of pennies due to their high cost of production. The move is part of a broader effort to reduce waste in the country’s budget. The US Mint reported that it circulated over 4.1 billion pennies last year, but producing and distributing one cent now … Read more
The European Union is considering a lighter-touch approach to artificial intelligence regulation amid pressure from the United States, which has torn up its predecessor’s AI policy in an effort to boost competitiveness. France hopes that world leaders and tech executives at an upcoming summit will agree on an inclusive and sustainable approach to AI. The … Read more
Residents of San Francisco’s Fillmore neighborhood have expressed frustration and concern over the closure of the local Safeway store, which will leave many without access to healthy food options. The 40-year-old grocery store is set to close on February 7th, leaving a void that city officials are struggling to fill. District 5 Supervisor Bilal Mahmood … Read more
Russian President Vladimir Putin’s office declined to confirm or deny a recent phone call between him and US President Donald Trump, according to Kremlin spokesman Dmitry Peskov. The New York Post reported that Trump hinted at discussing the ongoing war in Ukraine during their alleged conversation. Source: https://www.bloomberg.com/news/articles/2025-02-09/kremlin-declines-to-confirm-or-deny-a-trump-putin-phone-call
Philadelphia Eagles quarterback Jalen Hurts credited his team’s defense for being the key to their Super Bowl victory over the Chiefs, saying “defense wins championships.” In a post-game interview, Hurts praised his teammates on the defensive side of the ball, noting that they played like they did all season. With 2.5 sacks, Josh Sweat led … Read more