Utility Blamed for Devastating California Wildfire
Southern California Edison (SoCal Edison) has been held responsible for the devastating Eaton Fire. This fire, which occurred in January 2025, destroyed over 9,
Business
Lawmakers Warn of Arson Risk from Disaster Betting Markets
Democratic senators are raising serious concerns about prediction markets that allow betting on natural disasters. They argue this practice could encourage crim
SpaceX Stock Plummets After First Quarterly Report
SpaceX shares experienced a significant drop following its initial quarterly earnings report. The stock price fell by over 13 percent. Investors reacted negativ
S&P 500 Set for New Record
The S&P 500 is poised to reach another record high. Futures rose on Wednesday after recent earnings showed strong demand. The strong earnings reports have fuele
Trump's Economic Promises Face Reality Check
The Trump administration frequently promised a „golden age„of prosperity. This included projections of 6% economic growth. However, these ambitious forecasts ha
The Path to Fairer Global Commerce
A new perspective on international trade is emerging, challenging the long-standing neoliberal framework. Experts are now advocating for a rebalanced approach t
India's Inflation Buffer Appears Weaker Than Anticipated
The Reserve Bank of India (RBI) has held its key interest rate steady for the fourth consecutive time. This decision comes as the central bank monitors potentia
OfBusiness Considers Public Offering Amidst Market Rebound
OfBusiness, a prominent Indian tech-driven supply chain and financing platform, is reportedly exploring an initial public offering (IPO). The company, backed by
Fintech Abhi Plans Microfinance Bank IPO
Pakistani fintech company Abhi is preparing for a significant financial move. The firm intends to launch an initial public offering (IPO) for its microfinance l
AI Design Firm Lovart Considers Hong Kong Stock Market Debut
Evoken, a Chinese startup, is reportedly exploring a public listing in Hong Kong. The company is known for its artificial intelligence design agent, Lovart. Thi
US Stock Market Reaches New High Amid Hopes for Strait of Hormuz Reopening
The American stock market surged to an unprecedented level this week. This rise was fueled by growing optimism. US officials reported significant progress in ta
Trump’s Paid Early Access to Posts Sparks Insider Trading Concerns
The former president has begun selling a subscription that lets users view his Truth Social posts before they go public. The service launched this month on the