Trump 2026 Budget Plan’s NIH Cuts Could Slow Drug Development, CBO Warns

The U.S. Congressional Budget Office (CBO) cautioned that President Trumps proposed 2026 federal budgetfeaturing deep cuts to scientific researchcould significantly hinder the introduction of new drugs. The plan suggests...

IMF Approves $1B Boost to Ecuador’s Loan Program, Unlocks $600M in Funds

The International Monetary Fund (IMF) has approved a $1 billion increase to Ecuadors Extended Fund Facility, raising the total program access to $5 billion. The decision, announced Friday, allows Ecuador to immediately...

Lula Slams U.S. Tariff Threat as “Unacceptable Blackmail” Amid Trade Dispute

Brazilian President Luiz Inacio Lula da Silva fiercely criticized the United States on Thursday over new tariffs set by President Donald Trump, calling the move unacceptable blackmail and vowing to defend Brazils...

Canada Eyes Mercosur and Global Trade Pacts to Cut U.S. Reliance

Canadas International Trade Minister Maninder Sidhu said Thursday that both Canada and South American trade bloc Mercosur are eager to revive trade talks, as Ottawa seeks to reduce economic dependence on the United States....

Blackstone Exits TikTok U.S. Deal Amid Growing Uncertainty

Private equity giant Blackstone (NYSE:BX) has withdrawn from a consortium bidding for TikToks U.S. operations, according to a Reuters source. The exit comes as ongoing delays and rising uncertainty cloud the future of...

Trump Denies Drawing Claims Amid Lawsuit Over Controversial Sketch

U.S. President Donald Trump has denied creating drawings, despite several sketches attributed to him having surfaced over the years. According to The New York Times, Trumps simple black marker drawingsmainly cityscapes and...

10 Americans Freed in Venezuela-U.S. Prisoner Swap Brokered by Rubio, Bukele

Ten U.S. citizens detained in Venezuela have been released following a diplomatic breakthrough facilitated by Secretary of State Marco Rubio and El Salvadors President Nayib Bukele. The announcement came Friday via Rubios...

Trump Says Five Jets Downed in India-Pakistan Clash After Kashmir Attack

U.S. President Donald Trump stated Friday that up to five fighter jets were downed during recent India-Pakistan hostilities triggered by an April militant attack in India-administered Kashmir. Speaking at a dinner with...

Neuren Pharmaceuticals Surges on U.S. Patent Win for Rare Disorder Drug

Shares of Neuren Pharmaceuticals Ltd (ASX:NEU) jumped over 10% on Thursday after the company announced a key development in its rare disease pipeline. The U.S. Patent and Trademark Office has approved Neurens patent...

CDC Vaccine Review Sparks Controversy Over Thimerosal Study Citation

A presentation on thimerosal, a mercury-based vaccine preservative, set to be delivered to the CDCs advisory committee has come under scrutiny for referencing a non-existent study. The report, Thimerosal as a Vaccine...

SpaceX Starship Explodes in Texas During Test, Citing Nitrogen Tank Failure

SpaceXs Starship spacecraft exploded in a dramatic fireball during a late-night test at the companys Starbase facility in Brownsville, Texas, on June 18, 2025. The 400-foot Mars-bound rocket, a key part of Elon Musks...

NASA Astronauts Wilmore and Williams Recover After Boeing Starliner Delay

NASA astronauts Butch Wilmore and Suni Williams are steadily recovering after spending nine unexpected months aboard the International Space Station (ISS) due to issues with Boeings Starliner capsule. Initially intended...

Perplexity AI Eyes Mobile Expansion with Comet Browser to Challenge Google

Nvidia-backed Perplexity AI is ramping up its efforts to disrupt Googles dominance in search by pushing its AI-powered Comet browser onto mobile devices. CEO Aravind Srinivas told Reuters that the startup is in talks with...

Nvidia’s H20 Chip Sales to China Face Criticism Over AI Concerns

U.S. lawmakers are raising alarms over the Commerce Departments decision to allow Nvidia (NASDAQ: NVDA) to resume sales of its H20 AI chips to China. Republican Representative John Moolenaar, chair of the House panel on...

Citigroup and Ant International Launch AI-Powered FX Risk Management Pilot

Citigroup and Ant International, a fintech affiliate of Chinas Ant Group, have launched a pilot program leveraging artificial intelligence to help global businesses manage foreign exchange (FX) risk more effectively. The...

Meta Taps Former Apple AI Experts for Superintelligence Labs Team

Meta Platforms (NASDAQ:META) has hired two top artificial intelligence researchers from Apple (NASDAQ:AAPL), according to a Bloomberg report citing sources familiar with the matter. The move highlights Metas continued push...