Powell Hints That Rate Cuts Could Be Near as Fed Weighs Risks
Federal Reserve Chair Jerome H. Powell signaled Friday that the central bank is preparing to ease borrowing costs in the near future, underscoring mounting concerns about the job market even as inflation remains stubbornly elevated. Speaking at the Kansas City Fed’s annual gathering in Jackson Hole, Wyo., Mr. Powell stopped short of committing to a […]
Newly discovered supernova reveals innerworkings of a dying star
Astrophysicists have detected a supernova embedded in a wind rich with silicon, sulfur and argon. The observations suggest the massive star lost its outer hydrogen and helium layers long before exploding. This discovery offers direct evidence of the long-theorized inner shell structure of massive stars. When massive stars explode, astrophysicists typically find strong signatures of […]
Australia orders audit of crypto trading giant Binance
Australia has ordered the local arm of the world’s largest cryptocurrency exchange, Binance, to appoint an external auditor after identifying “serious concerns” with its money laundering and terrorism financing controls. The Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, said Friday its concerns followed Binance Australia’s latest independent review which was […]
Canada removing tariffs on US goods compliant with free trade deal
Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, Prime Minister Mark Carney said Friday, matching exemptions affirmed earlier this month by Washington. President Donald Trump called the move “nice.” Speaking to reporters a day after a lengthy call with Trump, Carney said Canada has […]
Trump’s tariffs drown Brazil’s fish industry
When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President Donald Trump’s stiff tariffs. Fish are one of the Brazilian products subject to a whopping 50 percent levy imposed by Washington a week […]
Projects tokenizing luxury & commercial real estate in 2025
In 2025, luxury and commercial real estate tokenization is moving from pilot projects to billion-dollar deployments. By turning property shares into blockchain-based tokens, platforms unlock fractional ownership, enable cross-border participation, and add liquidity to traditionally illiquid assets. For investors and institutions alike, regulated real-world asset (RWA) infrastructure now offers a new channel to access prime […]
After repeated explosions, new test for Musk’s megarocket
Elon Musk’s SpaceX announced Friday that its Starship megarocket is scheduled to blast off on a new test flight next weekend after recent attempts have ended in fiery explosions. The biggest and most powerful launch vehicle in history is planned to return Americans to the Moon — and is central to the dreams of colonizing […]
US retail sales rise amid limited consumer tariff hit so far
US retail sales rose moderately in July, according to data released Friday, as markets monitor tariffs that do not so far appear to have significantly battered consumers. Overall sales climbed 0.5 percent to $726.3 billion from June, in line with expectations. Gains in motor vehicles and parts and furniture offset declines in electronics and building […]
Asia stocks up, oil down before Trump-Zelensky talks
Asian stocks were mostly higher Monday while oil dipped ahead of talks between Donald Trump, Ukrainian President Volodymyr Zelensky, and European leaders in Washington. US President Trump met Russian President Vladimir Putin in Alaska on Friday, but the summit failed to yield any breakthrough on a ceasefire in Ukraine. Zelensky, who will be joined in […]
Jesús Valenzuela, Co-Founder of Outliance Real Estate,Recognized in the “Under 30” List by Tom Ferry International
The Mexican entrepreneur ranks among the top-producing agents in North America, positioningOutliance as a leading firm in the luxury real estate market in Los Cabos. Jesús Valenzuela, co-founder of Outliance Real Estate, has been selected to join the “Under 30” listby Tom Ferry International, the most influential real estate coaching program in the United States. […]
