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U.S. Solar Stocks Plunge as Senate Proposes Phase-Out of Tax Credits

Jun 17, 2025 01:47 am UTC| Politics Governance Business

Shares of major U.S. solar energy companies plunged in after-hours trading on Monday after Senate Republicans proposed changes to President Donald Trumps tax and spending bill that would eliminate key clean energy...

Senate Proposes Ending Solar, Wind Tax Credits by 2028 While Extending Nuclear, Hydro Incentives. Source: Shutterstock

Jun 17, 2025 01:43 am UTC| Politics Governance

A U.S. Senate panel has proposed ending federal tax credits for solar and wind energy by 2028 while extending incentives for nuclear, hydropower, and geothermal projects through 2036. The move, part of a Republican-backed...

Trump Offers Israel-Iran Ceasefire Proposal at G7, Says Macron

Jun 17, 2025 01:33 am UTC| Politics

French President Emmanuel Macron revealed on Monday that U.S. President Donald Trump had extended an offer to broker a ceasefire between Israel and Iran. Speaking at the G7 summit in Kananaskis, Canada, Macron confirmed...

Trump, Starmer Sign UK-U.S. Tariff Deal Covering Autos, Aerospace

Jun 17, 2025 01:27 am UTC| Economy Politics

U.S. President Donald Trump and UK Prime Minister Keir Starmer signed a new tariff agreement on the sidelines of the G7 Summit in Canada, aiming to deepen trade ties between the two nations. The deal reduces tariffs on key...

Trump Exits G7 Early Amid Middle East Crisis and Israel-Iran Tensions

Jun 17, 2025 01:22 am UTC| Politics

U.S. President Donald Trump left the G7 summit in Canada early due to escalating tensions in the Middle East, particularly between Israel and Iran. White House Press Secretary Karoline Leavitt confirmed the departure,...

Trump Warns Iran Amid Escalating Conflict with Israel

Jun 17, 2025 01:06 am UTC| Politics

U.S. President Donald Trump issued a stark warning to Iran on Monday amid intensifying conflict with Israel, urging an immediate evacuation of Tehran and reaffirming his stance against Irans nuclear ambitions. Iran should...

Israel Clarifies No Intent to Target Tehran Civilians Amid Rising Tensions

Jun 16, 2025 09:57 am UTC| Politics

Israeli Defence Minister Israel Katz clarified on Monday that Israel has no intention of deliberately targeting civilians in Tehran, amid escalating rhetoric between Israel and Iran. The statement came after Katzs earlier...

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Economy

Middle East Conflict Drives Dollar Surge as Yen Hits Critical Threshold

The U.S. dollar maintained its strong position on Monday, heading toward its best monthly performance since July, as escalating Middle East tensions continued to unsettle global financial markets. Investors fleeing to...

WTO Digital Trade Moratorium Expires Amid Stalled Negotiations

The long-standing global moratorium on customs duties for digital downloads and streaming services has officially lapsed, according to a senior World Trade Organization official. The expiration marks a significant turning...

Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict

Global oil prices climbed sharply at the start of Mondays trading session following a significant escalation in Middle East hostilities. Yemens Iran-backed Houthi group launched a missile barrage targeting Israel over the...

Asia Markets Tumble as Gulf Conflict Drives Oil Prices to Historic Highs

Asian stock markets fell sharply on Monday as investors braced for a prolonged Gulf conflict that has sent oil prices surging to their highest monthly gains in decades, raising serious concerns about global inflation and a...

Bank of Japan Signals Rate Flexibility Amid Yen Volatility

Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed on Monday that the central bank will keep a close eye on foreign exchange rate movements, acknowledging their significant influence on Japans economic outlook and...

Politics

Trump Says Iran Nuclear Deal Could Be Near as Direct Talks Progress

President Donald Trump announced Sunday that the United States is actively engaged in direct negotiations with Iran, expressing cautious optimism that a diplomatic agreement could be reached soon. Speaking to reporters...

Israel Blocks Cardinal from Palm Sunday Mass, Then Reverses Ban

Israeli authorities initially prevented Jerusalems Catholic cardinal from celebrating Palm Sunday at the Church of the Holy Sepulchre, triggering sharp international criticism before Prime Minister Benjamin Netanyahu...

Pakistan Leads Diplomatic Push to Reopen Strait of Hormuz Amid Iran War

Pakistan brought together foreign ministers from Turkey, Egypt, and Saudi Arabia in Islamabad on Sunday in a high-stakes diplomatic effort to end the ongoing Iran war and restore critical oil shipping routes through the...

Trump Eyes Military Operation to Seize Iran's Uranium Stockpile

President Donald Trump is reportedly weighing a bold military operation to physically extract nearly 1,000 pounds of uranium from Iran, according to a Wall Street Journal report citing senior U.S. officials. While no final...

Iran-U.S. Military Tensions Escalate: Markets, Universities, and the Strait of Hormuz at Risk

Geopolitical tensions in the Middle East have intensified dramatically as Irans Islamic Revolutionary Guard Corps (IRGC) issued a stark warning targeting U.S.-affiliated universities across neighboring countries. The IRGC...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...
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