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Thu, Jun 19, 2025 05:45 PM All times are UTC

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Iran-Israel Conflict Escalates Amid Rising Civilian Casualties and Global Tensions

Jun 19, 2025 06:30 am UTC| Politics

Tensions between Iran and Israel have escalated into the regions most intense conflict in decades, with mutual missile strikes killing hundreds and damaging key infrastructure. On Thursday, Iranian missiles hit a hospital...

Thai PM Paetongtarn Faces Crisis as Coalition Partner Exits Over Cambodia Leak

Jun 19, 2025 06:04 am UTC| Politics

Thailands Prime Minister Paetongtarn Shinawatra is facing a political crisis after a key coalition partner, the Bhumjaithai Party, withdrew support late Wednesday. The move threatens to collapse her 10-month-old government...

Trump Slams Fed Chair Powell Again After Rate Hold

Jun 19, 2025 05:57 am UTC| Politics Economy Central Banks

U.S. President Donald Trump reignited his criticism of Federal Reserve Chair Jerome Powell on Wednesday, calling him the WORST and a real dummy in a social media post. The attack followed the Feds decision to leave...

U.S. Prepares Potential Strike on Iran Amid Growing Israel-Iran Conflict

Jun 19, 2025 02:09 am UTC| Politics

Senior U.S. officials are reportedly preparing for a potential military strike on Iran as early as this weekend, Bloomberg reported. Multiple federal agencies are mobilizing in anticipation of a possible escalation, though...

Nippon Steel Closes $14.9B U.S. Steel Deal with Trump-Backed Golden Share

Jun 19, 2025 01:55 am UTC| Business Politics

Nippon Steel has finalized its $14.9 billion acquisition of U.S. Steel, buying all shares at $55 each in a landmark deal supported by President Donald Trump. The Japanese steelmakers 18-month effort to secure U.S....

Trump Faces MAGA Rift Over Possible U.S. Strike on Iran

Jun 19, 2025 01:45 am UTC| Politics

President Donald Trump is facing internal divisions within his America First coalition over potential U.S. military involvement in Israels conflict with Iran. Key allies like Steve Bannon and Representative Marjorie Taylor...

Trump Administration Resumes Student Visas with Stricter Social Media Vetting

Jun 19, 2025 01:40 am UTC| Politics Governance

The Trump administration has resumed student and exchange visa appointments with a mandate for intensified vetting of applicants online activity, according to a State Department cable dated June 18. U.S. consular officers...

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Economy

SNB Flags Global Risks, Urges Stronger UBS Oversight Amid Economic Uncertainty

The Swiss National Bank (SNB) has warned of a highly uncertain economic outlook due to rising trade and geopolitical tensions, emphasizing the need to strengthen UBS oversight. In its 2025 Financial Stability Report, the...

Asia Stocks Slip, Gold Gains as Trump Weighs U.S. Strike on Iran

Asian stock markets slipped Thursday as investors sought safe-haven assets amid rising geopolitical tensions. Concerns over possible U.S. involvement in the escalating Israel-Iran air war drove demand for gold and the...

Macquarie Now Expects Fed Rate Cut in December Amid Shift Toward Inflation Tolerance

Macquarie has reversed its no-rate-cut stance for 2025, now predicting a 25-basis-point cut by December after the Federal Reserve maintained its projection for two rate cuts despite raising its inflation forecast. The...

U.S. Adds 379,000 New Millionaires as Global Wealth Surges in 2024

Wealth surged globally in 2024, with the United States seeing the largest jump in millionaires, according to the 2025 Global Wealth Report by UBS. Over 379,000 individuals became new U.S. dollar millionairesmore than 1,000...

Australia Job Market Weakens in May, Supporting Potential RBA Rate Cuts

Australias labor market unexpectedly contracted in May, raising expectations for potential interest rate cuts by the Reserve Bank of Australia (RBA). Data from the Australian Bureau of Statistics released Thursday showed...

Politics

Thai PM Paetongtarn Faces Crisis as Coalition Partner Exits Over Cambodia Leak

U.S. Prepares Potential Strike on Iran Amid Growing Israel-Iran Conflict

Nippon Steel Closes $14.9B U.S. Steel Deal with Trump-Backed Golden Share

Trump Faces MAGA Rift Over Possible U.S. Strike on Iran

Trump Administration Resumes Student Visas with Stricter Social Media Vetting

Science

NASA Astronauts Wilmore and Williams Recover After Boeing Starliner Delay

NASA astronauts Butch Wilmore and Suni Williams are steadily recovering after spending nine unexpected months aboard the International Space Station (ISS) due to issues with Boeings Starliner capsule. Initially intended...

SpaceX Starship Test Flight Reaches New Heights but Ends in Setback

SpaceXs massive Starship rocket, central to Elon Musks vision for interplanetary travel, launched its ninth uncrewed test flight from Starbase, Texas, on May 27, 2025. The two-stage vehiclecomprising the upper-stage...

Trump’s nomination for NASA leader boasts business and commercial spaceflight experience during a period of uncertainty for the agency

Jared Isaacman, billionaire, CEO and nominee to become the next NASA administrator, faced questions on April 9, 2025, from members of the Senate Committee on Commerce, Science, and Transportation during his confirmation...

Lab-grown meat: you may find it icky, but it could drive forward medical research

Lab-grown meat causes heated debates. Proponents see benefits for the climate and animal welfare. Opponents worry about a Frankenstein food they regard as risky and unnatural. Whatever your opinion, the technology...

Kennedy Sets September Deadline to Uncover Autism Causes Amid Controversy

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. announced a bold plan to identify the cause of autism by September 2025. Speaking at a cabinet meeting with President Donald Trump, Kennedy declared a global...

Technology

Apple Eyes Generative AI for Custom Chip Design, Says Exec

Apple Inc. (NASDAQ:AAPL) is exploring the use of generative artificial intelligence (Gen AI) to enhance the design of its custom silicon chips, according to a recent Reuters report. Johny Srouji, Apples senior vice...

Meta Eyes $1B AI Fund Deal to Boost Artificial General Intelligence Ambitions

Meta Platforms (NASDAQ:META) is reportedly in advanced talks to acquire a partial stake in a prominent artificial intelligence venture fund managed by Nat Friedman and Daniel Gross, according to The Information. The...

Latin America Unites to Launch Culturally-Tuned AI Model 'Latam-GPT' This September

A coalition of over a dozen Latin American countries is set to launch Latam-GPT, the regions first large-scale AI language model tailored to local cultures and languages. Backed by Chiles National Center for Artificial...

Meta Offers $100M Bonuses to Lure OpenAI Talent, Says Sam Altman

Meta is aggressively pursuing top AI talent, reportedly offering massive bonuses to OpenAI employees. According to OpenAI CEO Sam Altman, Meta has proposed signing bonuses of $100 million or more to lure top engineers,...

Viasat Targeted in Alleged Chinese Cyber Espionage Campaign

Viasat Inc. (NASDAQ:VSAT), a leading U.S. satellite and wireless communications provider, has reportedly been targeted in a massive cyber espionage campaign linked to Chinese state-affiliated hackers, according to...