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McDonald's is pledging to make its menu more affordable after the fast food giant received significant customer backlash over rising prices. The company's stock also took a hit following its…
DocuSign, the popular electronic signature company, announced a major restructuring plan on February 6th, 2024 including laying off approximately 6% of its workforce. The layoffs come amidst stalled talks of…
New York Community Bancorp's stock price plunged over 40% this week after the bank reported an unexpected $260 million loss in the fourth quarter of 2023. The losses stem from…
Ford Motor Company reported its fourth quarter and full year 2023 earnings on February 6th, beating Wall Street estimates and projecting strong growth in 2024. The company announced both regular…
JPMorgan Chase, the nation's largest bank, announced Tuesday a multi-billion dollar investment to significantly expand its retail branch network over the next three years, defying industry trends toward digital banking…
Asian markets mostly rose Thursday after Wall Street surged on positive news about interest rates and the Chinese economy. Investors welcomed signals from Federal Reserve Chair Jerome Powell that the…
Pakistan is holding general elections on February 8th, 2024, but the campaign has been marred by controversy, allegations of a rigged election, and the imprisonment of popular opposition leader Imran…
Climate scientists are proposing adding a new Category 6 designation to the Saffir-Simpson Hurricane Wind Scale as hurricanes are projected to intensify further with climate change. Current Scale Only Goes…
Israel's military conducted a series of airstrikes on Syrian army positions in the Homs province early Tuesday morning, killing at least 5 people according to Syrian state media reports. The…
Senegal plunged into political turmoil this week after parliament approved a controversial bill to postpone presidential elections that were less than two weeks away. The decision came shortly after President…
Background It has been one year since a magnitude 7.8 earthquake struck southern Turkey and northern Syria on February 6th, 2023. Centered near the Turkish city of Gaziantep, the powerful…
Saudi Arabia has reiterated that it will not agree to diplomatic ties with Israel without "an end to the war in Gaza and a sovereign Palestinian state", according to the…
The European Commission has officially withdrawn its controversial proposal to halve the use of chemical pesticides by 2030, in a major concession to protesting farmers across the bloc. The stunning…
A pod of killer whales, also known as orcas, has become trapped in drift ice off the coast of Rausu in Japan's northern island of Hokkaido. Drone footage captured earlier…
Chipotle Mexican Grill once again defied the restaurant industry slowdown by posting better-than-expected quarterly sales and profits. The fast-casual chain benefited from menu price increases and sustained demand for its…
Chinese stocks rallied strongly on February 6th, posting their biggest single-day gain in years, as the government and regulators pledged support to stem the recent market rout. Both the Shanghai…
Honda has announced a major recall of over 750,000 vehicles in the U.S. due to faulty passenger seat airbag sensors that could cause airbags to unexpectedly deploy, increasing the risk…
Ford Motor Company reported its fourth quarter and full year 2023 financial results on February 6th, 2024. The company beat earnings expectations but posted a net loss for the quarter.…
Moody's Investors Service downgraded New York Community Bancorp's (NYCB) ratings to junk status on February 6th, 2024, citing concerns over the bank's exposure to risky commercial real estate loans. This…
Snap Inc., the parent company of popular social media app Snapchat, announced a new round of major layoffs this week following the release of disappointing fourth quarter earnings results. The…
Nayib Bukele has decisively won a second term as President of El Salvador in an election marked by controversy over democratic backsliding. With over 90% of votes counted, Bukele's Nuevas…
Ancient Texts Unlocked After Centuries Underground A team of university students has succeeded in deciphering passages from ancient papyrus scrolls that were buried during the eruption of Mount Vesuvius in…
The US and UK have conducted a series of airstrikes against Houthi rebel targets in Yemen over the past week, in retaliation for Houthi attacks on commercial ships transiting the…
The United States military conducted a series of airstrikes targeting facilities used by Iran-backed militia groups in eastern Syria and western Iraq on Thursday in retaliation for a drone attack…
Former British Prime Minister Liz Truss launched a new Conservative faction called "Popular Conservatism" (or "Popcons") this week, seeking to push the party further to the right on issues like…
Parliament Approves Controversial Election Delay Senegal's parliament approved a controversial bill on February 6th to delay the presidential election until December 15th, 2024, after a chaotic legislative session that saw…
A pod of at least 10 killer whales, including a mother and her calf, have been spotted struggling to breathe after becoming trapped by sudden drift ice off the coast…
Latest Proposals See Some Progress But Major Differences Remain According to the latest updates from mediators and officials in Qatar, Egypt, Israel and Gaza, efforts to broker a ceasefire deal…
A deadly outbreak of Listeria stemming from contaminated cheese produced by Rizo-López Foods has sickened over 20 people across 11 states over the last 10 years, according to the CDC.…
Overview Credit card delinquencies jumped significantly in 2023, reaching the highest levels seen since 2010, according to data from the New York Federal Reserve. The delinquency rate - the percentage…
Palantir Technologies stock skyrocketed over 25% in premarket trading Tuesday after the data analytics provider reported better-than-expected fourth quarter results driven by strong demand for its AI platforms. The company…
Chipotle Mexican Grill's stock price has rallied over 40% in the last 4 months, reaching an all-time high this week ahead of its Q4 2023 earnings results expected after the…
Boeing is facing yet another hurdle in its efforts to ramp up production and deliveries of the 737 MAX aircraft. The company announced this week that its supplier, Spirit AeroSystems,…
Oil major BP announced its fourth quarter and full year 2023 financial results on February 6th, 2024, revealing resilient performance in Q4 but a nearly 50% drop in annual profits…
Ford Motor Company reported better-than-expected Q4 2023 earnings results on Tuesday, beating Wall Street profit projections and providing an upbeat outlook for 2024 despite ongoing economic challenges. Q4 Financial Results…
Adam Neumann, the controversial co-founder and former CEO of WeWork, is exploring a bid to buy the struggling office-sharing company out of bankruptcy, according to multiple reports. Neumann is teaming…
Researchers have used artificial intelligence to decipher charred ancient scrolls that were buried during the eruption of Mount Vesuvius in 79 AD, revealing lost texts from Epicurean philosophers that provide…
Hungary has once again blocked progress on Sweden's bid to join the NATO military alliance. On Monday, Hungarian Prime Minister Viktor Orbán led his party's representatives in boycotting a special…
Pakistan is gearing up for a pivotal general election on February 15th, 2024 that will determine the country's leadership over the next 5 years. With rampant allegations of pre-poll rigging…
The Biden administration has conducted a series of retaliatory strikes against Iran-backed militia groups in Syria and Iraq in the wake of a deadly drone attack on a military base…
Israel reveals high death toll among captives; families despair The already heartbreaking hostage crisis in Gaza took an even darker turn on Tuesday, as Israeli authorities revealed that at least…
Kenyan authorities have arrested and charged notorious cult leader Paul Makenzi with over 190 counts of murder after the recent discovery of mass graves containing the bodies of children. Makenzi…
Former Chilean President Sebastián Piñera died Monday after the helicopter he was traveling in crashed in the south of Chile, according to statements from current Chilean officials. He was 74.…
February 6th, 2024 marks one year since a magnitude 7.8 earthquake struck southern Turkey and northern Syria, causing immense destruction and loss of life. As Turkey mourns the over 50,000…
China's economy is facing a deepening crisis as growth forecasts continue to be downgraded, businesses shut down operations, and experts warn of further pain ahead. Despite government efforts to spur…
Deutsche Bank economists have updated their 2024 US economic outlook from expecting a mild recession to now forecasting continued expansion and growth, though at a slower pace. This makes them…
U.S. stocks declined on Tuesday as comments from Federal Reserve Chair Jerome Powell dashed investor hopes for imminent interest rate cuts. The remarks sent Treasury yields higher and weighed on…
A growing number of major employers, including Abbott Laboratories, Penguin Random House, and Connelly Partners, have recently announced plans to allow employees to contribute to their 401k plans based on…
Meta, the parent company of Facebook, Instagram, and WhatsApp, announced Tuesday sweeping new policies aimed at labeling AI-generated images and video to crack down on misinformation ahead of the 2024…
BP beat earnings expectations for the fourth quarter of 2023 and announced a $14 billion share buyback program, sending its stock price higher. The company's underlying replacement cost profit, used…
Eli Lilly and Company reported better-than-expected fourth quarter 2023 earnings results on Tuesday, driven by strong demand for its new obesity drug Mounjaro (tirzepatide) and type 2 diabetes medicine Zepbound…
Adam Neumann, the controversial co-founder and former CEO of WeWork, is reportedly leading an investor group that has offered $500 million to buy the struggling office sharing company out of…
The Reserve Bank of Australia (RBA) decided to keep the official cash rate unchanged at a 12-year high of 4.35% at its February meeting, but warned that further rate hikes…
Kenyan authorities have charged controversial church leader Paul Makenzie and 29 followers with the murders of at least 191 children who died in his “Good News Church” last month. The…
Background On Aid Packages and Political Divides Amid rising tensions in the Middle East and continued support for Ukraine against Russian aggression, House Republicans have put forward a standalone bill…
The Middle East is on edge after a rapid series of developments over the past week. Tensions between the United States and Iran have skyrocketed following an unprecedented drone attack…
Israel has launched a major ground offensive in Rafah, a city in the Gaza Strip on the border with Egypt, representing a dangerous escalation in the conflict between Israel and…
The Houthi rebel group in Yemen has claimed new attacks targeting ships in the Red Sea belonging to the US and UK militaries. This comes after several days of escalating…
Chinese stocks have fallen sharply in recent weeks, with markets plunging to five-year lows on February 3rd despite promises from regulators to stabilize conditions. The benchmark Shanghai Composite entered bear…
Boeing is facing yet another hurdle in its efforts to resume deliveries of the troubled 737 MAX airliner. The company disclosed Monday that improper drilled holes in the fuselages of…
Nvidia's stock price hit fresh all-time highs this week after several analysts boosted their price targets and growth estimates, citing the company's commanding lead in artificial intelligence chips. Goldman Sachs…
New York Community Bancorp (NYCB) saw its stock plunge over 40% this week after the bank reported an unexpected net loss in the fourth quarter of 2023 and slashed its…
Yandex, known as "Russia's Google", has struck a deal to sell its Russian businesses to a consortium of investors led by state-owned bank Sberbank for $5.2 billion. This represents a…
Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, announced its first-ever quarterly dividend payment on February 1st 2023, alongside strong fourth quarter earnings results that beat analyst expectations.…
Palantir Technologies reported better-than-expected fourth quarter financial results on Monday, driven by strong growth in its commercial business. The data analytics software company saw its shares surge over 15% in…
BP saw its annual profits halve in 2023 due to lower oil and gas prices and weaker refining margins, however beats expectations in the fourth quarter. The oil major has…
Tractor Convoy Rolls Into Rome Demanding Relief A miles-long convoy of angry Italian farmers driving tractors rolled into Rome this week to protest rising costs and what they see as…
Russian President Vladimir Putin will visit Turkey on February 12th, his first trip to a NATO member country since invading Ukraine in 2022. The high-stakes meeting with Turkish President Recep…
Overview With climate change causing hurricanes to intensify faster and become more destructive, scientists are proposing adding a new "Category 6" designation to the Saffir-Simpson Hurricane Wind Scale, which currently…
February 6th, 2024 marks one year since a catastrophic 7.8-magnitude earthquake struck southern Turkey and northern Syria, killing over 50,000 people and leaving millions homeless. As Turkey held memorial services…
The House of Representatives passed a controversial $17.6 billion aid package for Israel on Tuesday, defying a White House veto threat and setting up a showdown with the Senate over…
A drone strike targeted a training ground at a US military base in eastern Syria on Monday, killing 6 Kurdish fighters from the Syrian Democratic Forces (SDF), a group allied…
Nayib Bukele has won a decisive reelection victory to serve another 5-year term as President of El Salvador. With over 90% of votes counted, Bukele has secured over 85% of…
Over 100 people have been killed as massive wildfires continue to spread across central Chile. Fueled by extreme heat and drought conditions, the fast-moving blazes have ravaged towns and forced…
Boeing is facing yet another setback with its troubled 737 Max jetliner program. The company said that its supplier, Spirit AeroSystems, recently flagged issues with the fuselages of some 737…
A growing number of American parents are providing significant financial support to their adult children, often dipping into retirement savings to do so. This support is enabling more young adults…
Iconic American fashion designer Zac Posen has been named Executive Vice President, Creative Director of Gap Inc. and Chief Creative Officer of Old Navy, the companies announced Tuesday. The high-profile…
Kroger announced on February 5th, 2024 that Chief Financial Officer Gary Millerchip is stepping down, effective immediately. The company has appointed Todd Foley as interim CFO as it searches for…
Mortgage rates climbed back above the 7% threshold this week as strong economic data stoked fears that the Federal Reserve may need to raise interest rates higher than previously expected.…
Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, reported its fourth quarter and full year 2023 earnings on February 1st 2024, beating Wall Street expectations and sending its…
Snap Inc., the parent company of popular social media platform Snapchat, announced on February 5th that it will be laying off approximately 10% of its over 6,400 global employees. This…
Virgin Galactic, the space tourism company owned by billionaire Richard Branson, notified U.S. regulators that an alignment pin failed to deploy as planned during a recent spaceflight. The detached pin,…
A controversial new study analyzing the skeletal remains of ancient sea sponges indicates Earth may have already warmed by 1.5°C, exceeding the critical climate threshold decades faster than scientists predicted.…
President Joe Biden has threatened to veto a Republican bill that would provide over $17 billion in assistance to Israel while leaving out aid to Ukraine. The move comes amid…
Concerns are mounting that the current Saffir-Simpson hurricane scale may no longer adequately characterize the most intense storms, as human-caused climate change drives increases in extreme weather events. With warming…
The United States military has carried out a series of airstrikes targeting facilities used by Iran-backed militia groups in eastern Syria and western Iraq on February 3rd, 2024. The strikes…
Michelle O'Neill Sworn In as NI's First Nationalist Leader In a historic development, Michelle O'Neill of Sinn Féin has been sworn in as Northern Ireland's First Minister, marking the first…
Background of Political Crisis Tensions have been building in Senegal over President Macky Sall's time in office. Sall was elected in 2012 and re-elected in 2019 after changing the constitution…
Chile is continuing to battle massive wildfires that have killed over 100 people and destroyed thousands of homes. Fueled by high temperatures and strong winds, the fires have spread rapidly…
Caterpillar, the world's largest construction equipment manufacturer, reported better than expected fourth quarter earnings results on Monday, driven by strong demand across most end markets and its ability to offset…
Novo Holdings, the holding and investment company owned by Novo Nordisk, announced Monday that it will acquire Contract Development and Manufacturing Organization (CDMO) Catalent in a $16.5 billion cash deal.…
The U.S. Department of Justice (DOJ) announced today that First National Bank (FNB) has agreed to pay $13.5 million to settle allegations that it engaged in a pattern of discrimination…
Palantir Technologies released its fourth quarter and full year 2023 earnings results on February 3rd, sending its stock price soaring over 30% in pre-market trading on Monday February 5th. The…
U.S. stocks fell on Monday as comments over the weekend from Federal Reserve Chair Jerome Powell tempered investor expectations for interest rate cuts this year. The pullback came after the…
Social media company Snap, owner of popular app Snapchat, announced major layoffs on Monday, cutting over 20% of its global workforce. The company said it is laying off around 500…
McDonald's Corp reported lower-than-expected sales on Monday, recording its first quarterly revenue miss in nearly four years as boycotts and protests in the Middle East over the Israel-Hamas war dented…
China has sentenced Australian writer and pro-democracy activist Yang Hengjun to death with a two-year reprieve on charges of espionage, a verdict that has been condemned by Australia as "unacceptable"…
Orban's Party Boycotts Parliament Session, Preventing Ratification Vote Budapest - Hungary's ruling Fidesz party boycotted a special session of parliament today that was set to ratify Sweden's bid to join…
Several current and former NHL players are facing sexual assault charges in relation to an incident that occurred in 2018 after a Hockey Canada gala event in London, Ontario. The…
According to a new controversial study published in Nature Climate Change, analysis of ancient Caribbean sponges suggests the Earth may have already warmed by more than the critical 1.5°C threshold…
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