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Economy & Finance

Yet Another Historic Church Torched In Canada

Yet Another Historic Church Torched In Canada Authored by Steve Watson via Modernity.news, Another historic church lies in ashes after a major fire tore through Saint-Romain, Quebec, last night. The building, whose construction began in 1893, is the latest casualty in a relentless campaign against Canada’s Christian institutions that has seen arsons more than double […]

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Futures Unchanged Just Shy Of All Time High On Peace Hopes, Solid Earnings

Futures Unchanged Just Shy Of All Time High On Peace Hopes, Solid Earnings US equity futures are flat following yesterday’s rally as market awaits news on the Iran war resolution and as we traverse earnings season. As of 8:15am ET, S&P 500 futures are little changed after the benchmark closed within a whisker of a

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War ‘Very Close’ To Over, Trump Says, As Iran Ceasefire Extension Reportedly Advances, But More US Troops Deploy

War ‘Very Close’ To Over, Trump Says, As Iran Ceasefire Extension Reportedly Advances, But More US Troops Deploy Summary The Iran war is “very close to over” with authorities in Tehran eager to agree a peace deal, Trump says, adding: “We’ve beaten them militarily.” AP/Bloomberg reporting the two sides have an “in principle agreement” to

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Nvidia Unveils New AI Open Model, Sparking Rally In Quantum Stocks

Nvidia Unveils New AI Open Model, Sparking Rally In Quantum Stocks Nvidia unveiled the world’s first open-source AI models to accelerate the development of quantum computing. The news sent shares of several Asian software and cybersecurity firms soaring and sparked a rally in U.S.-listed quantum stocks in premarket trading. Nvidia’s Ising open-model family is designed

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Tether Launches Self-Custodial Wallet Supporting USDT, Bitcoin, & Tokenized Gold

Tether Launches Self-Custodial Wallet Supporting USDT, Bitcoin, & Tokenized Gold Authored by Naga Avan-Nomayo via TheBlock.co, Tether, issuer of the world’s largest stablecoin USDT, is stepping further out from behind the rails with the launch of its self-custodial wallet, which it says is designed to put its payments infrastructure directly in the hands of users,

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Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is “Premature”

Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is “Premature” Goldman’s Natasha de la Grense summed it up well this morning: “Money was waiting on the sidelines to buy luxury for a de-escalation play – that feels premature with three misses in three days.”  Disappointments from Kering and Hermès, both of

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Goldman Highlights Global Nuclear Progress Across SMRs And The Fuel Chain

Goldman Highlights Global Nuclear Progress Across SMRs And The Fuel Chain March saw the submission of multiple construction permits for new reactors, while new designs like India’s thorium reactor, obtained their first criticality. Microreactors in the US also progressed through DOE regulatory pathways as they approach a criticality deadline in July.  Last month also saw

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Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban

Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban Authored by Rex Widerstrom via The Epoch Times (emphasis ours), While managing to avoid Australia’s under-16 social media ban, the global game creation platform Roblox has moved to introduce restricted accounts for children and teenagers. A 7-year-old teenage boy looks at a

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Europe Drafts Pie In The Sky Plan To Free Up Hormuz Without ‘Belligerent’ Parties

Europe Drafts Pie In The Sky Plan To Free Up Hormuz Without ‘Belligerent’ Parties This is quite the ambitious headline revealing the latest ‘plan’ for Hormuz to come out of Europe, as it sits on the sidelines watching the US get potentially bogged down in the region following a month of heavy airstrikes on Iran:

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Rolls-Royce 470-Megawatt Nuclear Reactors To Power 3 Million UK Homes For 60 Years

Rolls-Royce 470-Megawatt Nuclear Reactors To Power 3 Million UK Homes For 60 Years Authored by Mrigakshi Dixit via Interesting Engineering, The UK’s new nuclear approval at Wylfa officially kicks off what the government calls a “golden age” for the nation’s energy sector. Depiction of Rolls-Royce SMR site at Wylfa on Anglesey, North Wales. On April

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