Day: January 12, 2025
Asia-Pacific markets set to open lower after strong U.S. jobs report clouds Fed rate-cut path
Aerial view of the Shanghai financial district skyscrapers and the Huangpu river at sunset. Tobiasjo | E+ | Getty Images Asia-Pacific markets were set to open lower Monday, after U.S. jobs report on Friday dampened investors’ hopes for early interest rate cuts by the Federal Reserve. Australia’s S&P/ASX 200 traded 0.99% lower. Hong Kong’s Hang […]
Read More
Stock futures are little changed as Wall Street gears up for key economic data and the kickoff of earnings season: Live updates
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty Images Stock futures were little changed on Sunday as investors look toward a data-heavy week, which includes the December report on U.S. inflation […]
Read More
This 36-year-old sci-fi ‘nerd’ quit his banking job to start a deep space startup that has raised $24 million
Rohit Jha, 36, is the co-founder and CEO of Transcelestial. Courtesy of Rohit Jha Rohit Jha calls himself a “huge nerd.” He developed a deep love for computers, space and ultimately science fiction in his early years. Jha spent much of his childhood and adolescence coding games on a secondhand computer, star-gazing through a telescope […]
Read More
LA fires could hit European insurance giants with about billion euros in losses
The wildfires around Los Angeles are set to cost European insurance giants up to a billion euros in payouts this year. Millions of people have been displaced, thousands of homes and buildings have been destroyed and at least five people have been reported dead due to the wildfires. While total economic loss due to the […]
Read More
Britain seeks to build homegrown rival to OpenAI in bid to become world leader in artificial intelligence
Britain’s Prime Minister Keir Starmer gives a media interview while attending the 79th United Nations General Assembly at the United Nations Headquarters in New York, U.S. September 25, 2024. Leon Neal | Via Reuters LONDON — The U.K is looking to build a homegrown challenger to OpenAI and drastically increase national computing infrastructure, as Prime […]
Read More
Croatia’s Milanovic on track to win presidential vote, exit poll says
Croatian President and presidential candidate Zoran Milanovic votes at a polling station during the presidential election, in Zagreb, Croatia, on Dec. 29, 2024. Antonio Bronic | Reuters Croatian President Zoran Milanovic is on track for a landslide victory that will secure him a second term in the largely ceremonial post, an exit poll showed. Milanovic […]
Read More
U.S. military is ready to respond to California wildfires, FEMA’s Criswell said
The U.S. military is prepared to deploy to help contain the wildfires that have devastated Los Angeles, Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell said Sunday. “There are active duty military personnel that are on a ‘prepare to deploy’ order, that are ready to go in and continue to support the firefighting effort,” in an interview […]
Read More
What to expect from new crypto legislation on the crime prevention side of it
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Kevin Wurm | Reuters With the levers of power in Washington, D.C., about to change hands, a raft of pro-crypto legislation is expected from Congress and the Trump administration. To date, there’s been […]
Read More
I’ve studied over 200 kids—the ones with high emotional intelligence have parents who do 7 things early on
Raising a child in today’s fast-paced, achievement-driven world is no small feat. While many parents focus on grades and extracurriculars, one of the most overlooked skills is emotional intelligence. This doesn’t just help kids don’t excel socially; it helps them grow into resilient, empathetic, and successful adults who can navigate challenges with confidence, foster meaningful […]
Read More
Trump Treasury pick Bessent to divest assets to avoid conflicts
Scott Bessent, who U.S. President-elect Donald Trump has nominated to lead the U.S. Treasury Department, walks towards the New York Stock Exchange (NYSE), on the day U.S. President-elect Donald Trump will ring the opening bell at NYSE to celebrate being named Time magazine’s ‘Person of the Year’, in New York City, New York, U.S., December […]
Read More