Gaza Ceasefire Set to Begin, But What Remains?
Ceasefire to Take Effect, but Gaza Faces a Devastated Landscape A ceasefire between Israel and Hamas is set to take effect on Sunday, January 19, following an agreement reached to end Israel’s
American Express to Pay $230 Million to Settle U.S. Probes
Settlement Reached Over Deceptive Sales Practices American Express (NYSE: AXP) announced on Thursday that it will pay approximately $230 million to settle U.S. criminal and civil investigations into alleged deceptive sales practices
Blue Origin’s New Glenn Rocket Successfully Reaches Orbit
Historic First Flight for Blue Origin’s Heavy-Lift Rocket Blue Origin, the space launch company founded by Jeff Bezos, successfully tested its New Glenn heavy-lift rocket for the first time early this morning.
Tesla Discounts Cybertruck Amid Slowing Production and Sales
Price Cuts on New and Demo Cybertruck Models Tesla has started offering discounts on new Cybertruck vehicles in its inventory, marking the latest shift in pricing strategy for the highly anticipated electric
European Markets Close Higher as Luxury Stocks Surge
Strong Gains Across European Indices European markets closed higher on Thursday, led by strong performances in the luxury and technology sectors. The regional Stoxx 600 index ended the day up 0.93%, with
Israel and Hamas Reach Ceasefire Deal Amid Ongoing Conflict
Phased Agreement to Halt Violence After 15 months of relentless fighting, Israel and Hamas have reached a phased ceasefire agreement aimed at halting hostilities in the Gaza Strip. The accord, mediated by
Wall Street Surges as Core Inflation Eases and Bank Earnings Impress
Markets Climb to One-Week Highs Wall Street’s main indexes soared on Wednesday, fueled by lower-than-expected core inflation data for December and robust quarterly earnings from major U.S. banks. At 09:41 a.m. ET,
U.S. Producer Prices Rise Less Than Expected in December, Inflation Shows Signs of Easing
Moderate Inflation Trends U.S. producer prices rose 0.2% in December, slightly below the 0.3% increase economists had anticipated, according to the Labor Department’s report on Tuesday. This follows a 0.4% rise in
Wells Fargo Shares Soar After Beating Earnings Estimates and Issuing Strong 2025 Guidance
Fourth-Quarter Earnings Exceed Expectations Wells Fargo reported better-than-expected earnings for the fourth quarter of 2024, sending shares up over 5% on Wednesday. Here are the key highlights compared to Wall Street’s expectations:
Meta to Lay Off 5% of Workforce in 2025 Performance-Driven Cuts
Meta Announces Workforce Reductions Meta has confirmed plans to cut approximately 5% of its workforce, targeting the company’s lowest-performing employees. The move was detailed in an internal memo from CEO Mark Zuckerberg,
