The Federal Reserve has reduced US interest rates by 50 basis points, marking its first reduction in 4 years and bringing the benchmark rate down to a range of 4.75-5.00 percent. This adjustment, which is twice the usual 25 basis point change, reflects increased apprehension regarding economic growth as inflation begins to decelerate. The decision […]
The $25B Boeing Problem. Boeing's $25B Equity Raise The world's largest aerospace company Boeing Co., is planning to raise $25 billion through a mixed offering of common stock. Boeing has obtained a credit agreement valued at $10 billion with a group of prime financial institutions, which includes Bank of America, Citibank, Goldman Sachs, and JPMorgan. […]
Joseph Malinowski - Who Is ‘Lieutenant Dan’ Joseph Malinowski, the TikTok Star Who Survived Hurricane Milton in Sailboat? Lieutenant Dan, known off-screen as Joseph Malinowski, became a viral sensation on TikTok when he announced that he wouldn't be evacuating for Hurricane Milton. Instead, he decided to brave the storm aboard his sailboat. Who Is ‘Lieutenant Dan’ […]
Titanic Ocean Liner Company Collapses Owner of Belfast shipyard that built Titanic enters administration. Harland & Wolff, the owner of the Belfast shipyard responsible for the construction of the Titanic, is set to enter administration this week due to unsuccessful efforts to secure new funding, marking a setback for the UK government's aspirations for shipbuilding […]
Revolut's Nik Storonsky sells up to $300m shares in company. The founder of Revolut, one of Europe's leading tech companies, has reportedly sold shares valued at up to $300 million (£230 million) in the firm. Nik Storonsky, the CEO of Revolut, offloaded between 40% to 60% of his shares during a secondary sale last month. […]
Arvind Kejriwal granted bail after five months in jail. India's Supreme Court has approved bail for Arvind Kejriwal, a leading opposition figure and the Chief Minister of Delhi, over five months after his arrest in a corruption case. Once an anti-corruption activist, he was detained in relation to a now-abandoned alcohol sales policy. Kejriwal's Aam […]
Tua Tagovailoa Concussed As Dolphins Lose. Miami quarterback Tua Tagovailoa was concussed again as the Dolphins lost 31-10 against the Buffalo Bills on Thursday. The Buffalo Bills achieved another impressive victory against the Miami Dolphins on Thursday night, propelled by three touchdown runs in the first half from James Cook and two interceptions made by […]
How did billionaire, Jared Isaacman, first-ever private spacewalk, make his money? American billionaire Jared Isaacman completes his historic SpaceX Polaris Dawn private spacewalk and gives emotional first words: 'From here Earth sure looks like a perfect world'. But who is Jared Isaacman, how did he make his money and who and when did he go in […]
Elon Musk Trillionaire. Elon Musk Is Set to Become World’s First Trillionaire by 2027 A new report has predicted that Elon Musk, CEO of Tesla and SpaceX, could hit trillionaire status by 2027. According to a report by Informa Connect Academy, which monitors global wealth, Elon Musk is anticipated to become the world's first trillionaire […]
What Is the Most Successful Product on Shark Tank? With an estimated net worth of $5.7 billion, Mark Cuban is probably the most well known of all the sharks. The former principal owner and current minority owner of the Dallas Mavericks and founder of Cost Plus Drugs, Broadcast.com, HDNet Fights, Truly Indie, HDNet Movies, 2929 Entertainment is also the richest. But […]
Managing Chronic Conditions During Extreme Heat It has been recently reported that, extreme heat worsens chronic health in millions of Americans with heart failure topping the bill. Heart failure is a condition in which the heart isn’t able to pump oxygen-rich blood at full strength to the entire body, even in normal temperatures. When temperature […]
Dividend stocks represent an excellent option for investors seeking passive income. Explore our top 10 high-dividend stocks and discover strategies for investing in them with out top US dividend stocks guide. With the U.S. stock market concluding a turbulent August, investors are now focusing more on dividend stocks. What are dividends? Dividend stocks represent ownership […]
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