Personal Consumption Expenditures Price Index Expected at 2.2% Annual Rate Economic forecasts anticipate the personal consumption expenditures (PCE) price index to register a 2.2% annual rate for April, according to recent projections. This key inflation indicator, closely monitored by the Federal Reserve, continues to provide critical insights into consumer spending patterns and price pressures across […]

The number of satellites orbiting Earth has reached unprecedented levels, with SpaceX’s Starlink internet service leading the surge in mega constellations. Recent findings suggest that solar activity has a significant impact on these satellite networks, presenting new challenges for operators. Earth’s orbit has become increasingly crowded as companies deploy large-scale satellite networks to provide global […]

Market uncertainty has prompted multiple companies to withdraw their full-year financial outlooks for 2025, with many specifically pointing to concerns about the impact of tariffs proposed by President Donald Trump. The wave of forecast withdrawals signals growing caution among corporate leaders as they navigate an increasingly unpredictable economic landscape. Financial analysts note this trend reflects […]

Contemporary Amperex Technology Co. Limited (CATL), the world’s largest electric vehicle battery manufacturer, has completed a massive initial public offering that analysts say will significantly accelerate the company’s international expansion plans. The Chinese battery giant’s listing has broken records in the domestic market, drawing intense interest from both institutional and retail investors. This capital influx […]

A Southwest Airlines flight experienced a lightning strike incident on Sunday as it approached Denver International Airport. Flight 168, which originated from Tampa, Florida, was hit by lightning during its final descent into Denver. The aircraft was completing its scheduled route when the weather event occurred. No immediate reports of injuries or significant damage have […]

A suspected act of sabotage has left at least 45,000 people without electricity after unknown perpetrators set fire to an electrical transformer and cut through pylon pillars in what authorities are describing as a “malicious act.” The incident, which appears to have been carefully planned, has caused widespread disruption to homes and businesses in the […]

Google is set to integrate advertising into its AI Mode and expand AI Overviews to desktop users, marking a significant shift in how the tech giant monetizes its artificial intelligence features. This development marks the next phase in Google’s strategy to strike a balance between innovative AI capabilities and revenue generation. The announcement comes as […]

A maverick investment firm has found a profitable niche at the intersection of artificial intelligence advancements and the political-economic changes sparked by Donald Trump’s influence on American politics. The company, which takes an unusual approach to market analysis, has generated significant returns by identifying opportunities where these two transformative forces converge. The firm’s strategy differs […]

A years-long legal dispute between tech giant Apple and video game developer Epic Games has finally been resolved. The conflict began in 2020 when Apple removed the popular game Fortnite from its App Store, centered around commission fees and payment processing requirements. The removal occurred after Epic Games implemented a direct payment option in Fortnite […]

Gulf Development PCL has significantly increased its investment in Kasikornbank PCL, acquiring a stake worth approximately $610 million. The move positions Gulf Development as the third-largest shareholder in the commercial lending institution. The company, controlled by Sarath Ratanavadi, Thailand’s wealthiest individual, has strategically expanded its financial portfolio through this substantial investment in one of Thailand’s […]