Some members of the Federal Reserve noted that there was a reasonable argument for cutting interest rates by 25 basis points during the July meeting. […]
Category: World
New HBO Documentary Claims to Uncover True Identity of Bitcoin Creator Satoshi Nakamoto
A new HBO documentary claims to have discovered the real identity of Bitcoin’s creator, known as Satoshi Nakamoto. If this information is widely accepted, it […]
U.S. Banks Face $512.9 Billion in Unrealized Losses in Q2 2024 Amid Rising Challenges
In the second quarter of 2024, U.S. banks reported $512.9 billion in unrealized losses on investment securities, marking the 11th consecutive quarter of such losses, […]
EU Approves New Tariffs on Chinese Electric Cars
The European Union (EU) has taken a significant step by approving new tariffs on electric vehicles (EVs) imported from China. This decision, made on Friday, […]
Southwest Airlines Shares Surge as Rakesh Gangwal Invests $107 Million
Southwest Airlines Co. shares have been rising after Rakesh Gangwal, a Indian billionaire co-founder of InterGlobe Aviation Ltd. and a member of Southwest’s board, purchased […]
India-China Conflict: China Announces Agreement with India to Reduce Differences and Withdraw Troops from LAC
In a significant development, China has announced an agreement with India aimed at reducing tensions and differences along the Line of Actual Control (LAC) in […]
X Releases First Transparency Report After Rebranding: 5.29 Million Accounts Suspended, 10.6 Million Posts Deleted in 6 Months
Social media platform X (formerly known as Twitter) has released its first transparency report since being rebranded by Elon Musk. This report covers the first […]
China’s Test Launch of Intercontinental Ballistic Missile Raises Concerns
China recently conducted a test launch of an intercontinental ballistic missile (ICBM), believed to be the DF-41, its longest-range missile with a potential travel distance […]
China Politburo Unveils Bold Economic Measures: Focus on Fiscal Spending, Real Estate Stabilization, and Income Growth
On September 26, China’s Politburo held a meeting to discuss the country’s current economic situation and plan future economic strategies, according to state media reports. […]
Hostage Situation in Los Angeles: Police in Standoff with Hijacked Bus Holding Driver
Hostage situation unfolds in Los Angeles as police engage in a standoff with a hijacked bus, with the driver reportedly being held inside. Footage from […]
China’s Central Bank Cuts Reserve Requirement Ratio to Stimulate Economy
China’s economy is experiencing a slowdown, prompting the People’s Bank of China (PBOC) to take decisive action to stimulate growth. Under the leadership of Governor […]
U.S. Debt Levels Surge in Q2 2024 Amid High Interest Rates and Inflation
In the second quarter of 2024, U.S. debt levels saw notable increases across various sectors, reflecting the broader economic landscape characterized by persistent inflation, elevated […]