US Home Sellers Outnumber Buyers by a Record 630,000—and the Iran War Is Making It Worse
The US housing market entered the spring selling season in its weakest buyer position on record, with sellers outnumbering buyers by 630,000 — a gap that widened further last week as the Iran war pushed mortgage rates to their highest level since October. Redfin data for February showed an estimated 1.99 million active sellers against […]
Kraken Refuses to Pay Extortionists After Insiders Leaked Client Data—Twice
Kraken, one of the world’s largest cryptocurrency exchanges, disclosed Monday it is facing an extortion attempt after two separate insider incidents gave a criminal group access to limited client support data — the latest in a pattern of insider-recruitment attacks accelerating across the crypto industry. Kraken Chief Security Officer Nick Percoco said the exchange identified […]
Ukraine Just Captured a Russian Position Without a Single Soldier
Ukraine captured a Russian position for the first time in the war using only ground robots and drones — no infantry, no casualties — the clearest signal yet that the country has become the world’s most battle-tested laboratory for autonomous warfare. “For the first time in the history of this war, an enemy position was […]
Pentagon Inks Indonesia Defense Pact as US Tightens Grip on China’s Oil Routes
The United States and Indonesia announced a Major Defense Cooperation Partnership on Monday, the same day a US naval blockade of Iranian ports took effect — a pairing that puts both of China’s most critical oil chokepoints under tightening American influence on a single day. Secretary of War Pete Hegseth and Indonesian Defense Minister Sjafrie […]
China Challenges US Hormuz Blockade, Vows to Keep Its Ships Moving
China’s defense minister warned Washington on Monday not to interfere with Chinese vessels at the Strait of Hormuz as a US naval blockade of Iranian ports took effect, raising the risk of a direct confrontation between the world’s two largest economies. Admiral Dong Jun said Chinese ships were actively transiting the strait under existing agreements […]
Barbed Wire Goes Up at Chinese Embassy in D.C. as Security Concerns Mount
The Chinese Embassy in Washington, D.C., has begun installing barbed wire atop its perimeter fence, a visible escalation of security measures at the diplomatic compound. The move, observed by workers outside the embassy, comes without an official explanation but follows a recent breach at the Chinese Embassy in Tokyo, raising questions about heightened global risks […]
Mark Carney’s Liberals Clinch Majority Government with Projected Toronto Byelection Win
Prime Minister Mark Carney’s Liberals have secured a majority government with a decisive win in the Toronto riding of University-Rosedale, pushing their seat count to 172, CBC News projects. This marks the first federal majority since 2019, nearly a year after the last general election. The victory in University-Rosedale, a Liberal stronghold encompassing the University […]
United’s Scott Kirby Drives Push for American Airlines Merger Amid Industry Consolidation
United Airlines (NASDAQ: UAL) CEO Scott Kirby has proposed a potential merger with rival American Airlines Group (NASDAQ: AAL), presenting the idea to senior government officials. The move, if pursued, could reshape the U.S. airline industry, which is already dominated by just four major players. While no formal process or overtures have been confirmed, the […]
Venezuela Oil Output Surges to 1.2 Million Barrels Per Day, US Energy Secretary Says
Venezuela’s oil production has soared to 1.2 million barrels per day, a 25% increase over the past three months, as stated by US Energy Secretary Chris Wright. This marks a significant rebound for a nation with the world’s largest crude reserves, signaling potential relief for global energy markets amid rising prices. The output surge comes […]
Nvidia Denies Rumors of Talks to Acquire Major PC Manufacturer
Nvidia (NASDAQ: NVDA) has categorically denied rumors that it is engaged in negotiations to acquire a major PC manufacturer, pushing back against speculation that has swirled across markets and media. The denial comes amid reports of a potential blockbuster deal that could reshape the computing landscape, though the company insists no such talks are underway. […]