The recent tragedy involving a Jeju Air Boeing 737-800 has sent shockwaves through South Korea and the global aviation community. On a fateful flight from Bangkok to Muan County, the aircraft failed to deploy its landing gear, overshooting the runway and resulting in a catastrophic explosion that claimed 179 lives. The disaster marked the deadliest
China’s financial landscape is undergoing a significant transformation, as evidenced by the People’s Bank of China’s (PBOC) anticipated adjustments to interest rates in the coming years. The central bank has indicated that it may reduce interest rates from the current benchmark of 1.5% at an “appropriate time” in 2025. This forward-looking stance aligns with broader
On a chilly Thursday evening, the U.S. stock index futures showed signs of stabilization after a turbulent session that had left investors feeling uneasy as the new year commenced. The declines in major tech companies like Apple and Tesla significantly impacted Wall Street’s performance, indicating a cautious mood among traders as they approached the financial
Carvana, an online platform for buying and selling used cars, has garnered significant attention since its inception. Initially hailed for its innovative approach, the company went public in 2017 and quickly ascended to a remarkable valuation, with stocks soaring nearly 400% in 2023. However, recent scrutiny from Hindenburg Research has cast a shadow over the
Berkshire Hathaway’s remarkable performance in 2024, showcased by the company’s Class A shares surging by 25.5%, stands as a testament to Warren Buffett’s strategic foresight and the durability of his investment philosophy. In a year where the Standard & Poor’s 500 index returned 23.3%, Berkshire not only surpassed this benchmark but also achieved its best
In an unexpected yet strategic maneuver, Meta, the parent company of Facebook, has announced a significant change at the helm of its Global Affairs division. Effective in the near future, Nick Clegg, the current president of Global Affairs, is stepping down to make way for Joel Kaplan, the existing vice president of policy. This decision
New Year’s Day 2025 marked a significant resurgence in box office earnings, generating an impressive $42.9 million from all movies. This figure represents the highest revenue recorded for the holiday after the challenges posed by the COVID-19 pandemic. In comparison, the same day in 2022 saw a gross of $40.2 million, with “Spider-Man: No Way
As the calendar page turns to 2025, the U.S. stock market is poised for a positive start, driven by fresh expectations from investors who are keen on both a new political administration and potential interest rate reductions. Significantly, anticipation is mounting that these changes could invigorate corporate performances and stimulate the economy. Early indicators reflect
As 2024 drew to a close, Asian stock markets exhibited a noticeable downturn, mirroring the lackluster performance observed on Wall Street. This decline was particularly evident following a disappointing year-end rally, often referred to as a “Santa Rally.” The optimism usually associated with the holiday season failed to materialize, contributing to an overall negative sentiment
Box office success is a vital measure in the film industry, painting a vivid picture of audience preferences over decades. Since 1977, various cinematic trends have emerged, with certain genres repeatedly attracting large audiences. This article will delve into the highest-grossing movies at the North American box office, shining a light on the dominant genres,