IMF urges US to work with partners to ease trade restrictions
The IMF on Wednesday called on the United States to work with trading partners and find ways to mutually ease trade curbs, as it issued a review of the world’s biggest economy. The International Monetary Fund’s findings covered the first year of Donald Trump’s second presidency, in which he unleashed wide-ranging tariffs on allies and […]
New CEO, High Expectations: Walmart Signals a Cautious 2026 Outlook Despite Strong Momentum
Wall Street has spent months bidding up Walmart shares, but investors are bracing for a more measured tone when the retailer delivers its annual outlook alongside quarterly results. The key reason is timing: this is the first earnings report under new CEO John Furner, who took over at the start of February and inherits a […]
The Next Global Race AI Isn’t Just Who Discovers More, But Who Discovers Faster
Physicist Nishant Sahdev argues that the speed of scientific discovery has become a strategic asset—and that artificial intelligence is rapidly becoming the “super-accelerator” that will decide which nations lead and which become dependent. Writing from Chapel Hill, he points to a recent move by the US Department of Energy: the launch of 26 “science and […]
JPMorgan Chase reports mixed results as Dimon defends Fed chief
JPMorgan Chase reported lower fourth-quarter profits Tuesday as CEO Jamie Dimon endorsed Federal Reserve independence and offered an upbeat reading on the US economy. The giant US bank reported $13.0 billion in profits, down seven percent from the year-ago period following a $2.1 billion hit connected to the assumption of the Apple credit card, replacing […]
Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid
Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix. Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures — and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9 […]
Pulitzer-winning combat reporter Peter Arnett dies at 91
Peter Arnett, the Pulitzer Prize-winning reporter who became one of the world’s foremost combat correspondents, died Wednesday at 91, according to US media reports. He had been suffering from prostate cancer. Arnett, who won the 1966 Pulitzer Prize for international reporting for his coverage of the Vietnam War for The Associated Press, rose to international […]
CNN’s future unclear as Trump applies pressure
CNN is heading into an uncertain future with its parent company Warner Bros. Discovery (WBD) destined for a takeover — and US President Donald Trump hoping the change will allow him to influence the iconic news network’s programming. WBD has urged shareholders to reject a hostile takeover bid from Paramount Skydance, in favor of a […]
Mexico training ship that hit Brooklyn Bridge returns home
The Mexican naval training ship that crashed into the Brooklyn Bridge in May, leaving two crew members dead, returned home on Sunday to official fanfare in the port of Veracruz. Numerous sailors were positioned in the 150-foot-tall Cuauhtemoc’s rigging when it smashed into the iconic bridge linking New York’s Manhattan and Brooklyn boroughs. In addition […]
EU to seek more tariff exemptions during US commerce secretary visit
The EU will demand more tariff exemptions on products including wines when US Commerce Secretary Howard Lutnick meets the bloc’s trade ministers on Monday. US President Donald Trump and EU chief Ursula von der Leyen struck a deal in July for most EU exports to face a 15-percent US levy, but the European Union has […]
G20 summit opens in South Africa without Trump
A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday further marked by Donald Trump’s pointed absence. The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister Narendra Modi, Chinese Premier Li Qiang, Brazilian […]
