In a significant geopolitical development, the flow of Russian natural gas through Ukraine towards Europe ceased on January 1, 2025, as the transit agreement between Moscow and Kyiv came to an abrupt end. This transition marks a poignant chapter in the turbulent relationship between the two nations, which has been fraught with tension and conflict
Broadway experiences a distinctive atmosphere during the holiday season, where theaters are often filled with enthusiastic patrons seeking a dose of culture and entertainment. This year, the magic of Broadway was palpable with a remarkable surge in ticket sales, particularly for renowned productions like “Wicked,” which shattered previous box office records. Yet, amidst this jubilant
The housing market at the end of 2024 paints a complex picture, marked by both hopeful signs of increased inventory and persistent challenges that are causing stagnation. Though the supply of homes has indeed seen a notable rise—an increase of 12.1% in active listings year-over-year, reaching levels not seen since 2020—this bounty comes with a
In a striking display of political resolve, Israeli Prime Minister Benjamin Netanyahu rose from his hospital bed after undergoing prostate surgery. This act was not merely about personal recovery; it underscored the gravity of the situation he faces as he navigates the precarious waters of coalition politics. The coalition, described as the most hardline in
Intel has been a prominent name in the semiconductor industry for decades, yet it finds itself grappling with significant challenges as 2024 draws to a close. Recently, the stock saw a slight uptick of approximately 1.2%. Despite this minor rebound, the overall performance has been disheartening, with Intel’s stock value plummeting more than 60% this
As we enter the final trading day of the year, the U.S. stock market showcases a notable resilience with its main indices showing gains despite facing various economic pressures. The performance of the markets provides key insights into investor sentiment and projections for the upcoming year. On Tuesday morning, the S&P 500 surged by over
As we approach the close of 2024, Wall Street is poised to reflect a robust bullish sentiment, fueled by an array of economic indicators that suggest resilience in the post-pandemic landscape. The consistent upward momentum seen in major indexes such as the S&P 500, Dow, and Nasdaq is a testament to the market’s recovery and
In the rapidly evolving world of artificial intelligence (AI), Chinese technology behemoth Alibaba has made headlines with a bold announcement: its decision to slash prices on its large language models (LLMs) by as much as 85%. This strategic pivot, unveiled through the company’s cloud computing segment, Alibaba Cloud, signals not only a bid to entice
The passing of Art Cashin, a venerable figure in the finance world and director of floor operations at UBS on the New York Stock Exchange, marks more than just the end of an era; it signifies the loss of a cherished tradition. For decades, Cashin would grace Wall Street with his annual New Year’s poems,
The aviation industry is one of the most meticulously regulated sectors in the world, yet tragedies can still occur, disrupting lives and casting a shadow over an otherwise exemplary safety record. The recent disaster involving Jeju Air Flight 7C2216, which belly-landed at Muan International Airport, highlights the complexities and unpredictabilities associated with air travel. With