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Facebook discontinues global cryptocurrency project

Feb 02, 2022 23:35 pm UTC| Economy Digital Currency

Facebook-backed Diem Association would dissolve and sell the intellectual property and other assets related to its planned cryptocurrency network to Silvergate Capital Corporation for $182 million. The winding down will...

Nike, Hello Kitty reportedly collaborating for apparel and Air Prestos sneaker release

Feb 02, 2022 09:59 am UTC| Business Economy

Nike and Hello Kitty are reportedly teaming up again to release some sports apparel items and the Air Prestos that they produced together almost two decades ago. In 2004, the Beaverton, Oregon-headquartered footwear...

PepsiCo introduces Rockstar Energy hemp seed-infused drink

Feb 02, 2022 09:48 am UTC| Business Economy

PepsiCo is releasing a new drink under the Rockstar Energy brand. This is a unique energy drink as it is infused with hemp seed oil and vitamin B. PepsiCos newest drink offering is officially called the Rockstar...

Global Geopolitics Series

Sanctions: a brief history from Ancient Greece to Vladimir Putin's Russia

Feb 02, 2022 09:27 am UTC| Economy

Faced with the imminent possibility of a Russian invasion of Ukraine and what appears to be a deteriorating diplomatic stand-off, NATO and other western allies are again turning to sanctions in the absence of other viable...

Central Banking Series

Top economists expect RBA to hold interest rates low in 2022, as real wages fall

Feb 02, 2022 09:26 am UTC| Economy Central Banks

Australias leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders...

McDonald's UK adds Chicken Legend and six other food items to the menu

Feb 02, 2022 09:16 am UTC| Business Economy

McDonalds UK announced that it will be bringing back some old-time favorite sandwiches this week. The fast-food chain will also be adding several other food items, and all of these are coming this month. According to...

The IRS already has all your income tax data – so why do Americans still have to file their taxes?

Feb 02, 2022 09:12 am UTC| Economy Life

Doing taxes in the U.S. is notoriously complicated and costly. And it gets even worse when there are delays and backlogs, making it especially hard to reach the Internal Revenue Service for assistance. But to me this...

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Economy

Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains

Asian stock markets opened the new year on a positive note on Friday, with technology and semiconductor stocks leading gains across the region, despite subdued trading volumes caused by holiday closures in major markets....

Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook

Oil prices edged slightly higher on Friday, marking a steadier start to 2026 after suffering their steepest annual decline since 2020. Investors are cautiously balancing renewed geopolitical tensions with expectations that...

Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026

Asias major manufacturing economies ended 2025 on a stronger note, as factory activity rebounded across several key markets, supported by rising export orders, renewed global demand, and new product launches. Purchasing...

Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks

Singapores economy delivered stronger-than-expected performance in late 2025, according to preliminary government data, although policymakers have warned that sustaining such momentum in 2026 will be challenging. Advance...

Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026

Citi expects the post-pandemic bull market in U.S. equities to extend into 2026, though investors should brace for increased volatility along the way. In its latest outlook, the Wall Street bank characterizes the market...

Politics

Zohran Mamdani Sworn In as New York City Mayor, Pledges Bold Progressive Agenda

Democrat Zohran Mamdani was officially sworn in as New York Citys mayor on Thursday, marking the beginning of a new political era focused on affordability, social equity, and progressive reform in the nations largest city....

Xi Jinping to Host South Korean President Lee Jae Myung as China Seeks to Strengthen Seoul Ties

Chinese President Xi Jinping is set to host South Korean President Lee Jae Myung on a state visit beginning Sunday, highlighting Beijings strategic push to strengthen relations with Seoul amid heightened regional tensions...

Russia and Ukraine Trade Accusations Over New Year Attacks as Peace Talks Intensify

Russia and Ukraine accused each other of targeting civilians during New Year attacks, as the nearly four-year-old war continues amid renewed diplomatic efforts led by U.S. President Donald Trump. The latest exchange of...

Venezuela Frees More Detainees After 2024 Election Protests Amid Rising U.S. Pressure

Venezuelas government has released 88 additional people who were detained following protests that erupted after the countrys disputed July 2024 presidential election, marking the second large-scale release of detainees in...

Bolsonaro Discharged From Hospital and Transferred to Prison After Medical Treatment

Former Brazilian President Jair Bolsonaro was discharged from a hospital in Brasília on Thursday and transferred back into custody to continue serving his prison sentence, according to local media and Reuters...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Starlink Plans Satellite Orbit Reconfiguration in 2026 to Boost Space Safety

SpaceXs Starlink is preparing a major reconfiguration of its satellite constellation in an effort to improve space safety and reduce the risk of orbital collisions. According to Michael Nicolls, SpaceXs vice president of...

Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up

Samsung Electronics is signaling a strong comeback in the high-bandwidth memory (HBM) market, as customers praise the competitiveness of its next-generation HBM4 chips. In a New Year address, co-CEO and head of the...

Google Accelerates AI Infrastructure With Ironwood TPU Expansion in 2026

Google (NASDAQ: GOOGL) is preparing for a major expansion of its AI infrastructure in 2026 as it moves its seventh-generation Tensor Processing Unit (TPU), known as Ironwood, into mass deployment. This next phase marks a...

Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives

The administration of President Donald Trump has lifted U.S. sanctions on three executives previously linked to the controversial spyware consortium Intellexa, according to a notice published on the U.S. Treasury...

Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026

Elon Musks brain-computer interface startup Neuralink is preparing for a major expansion, with plans to begin high-volume production of its brain implant devices and transition to fully automated surgical procedures in...
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