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Strong Bank Earnings Help Lift Stock Futures Ahead of Key Inflation Report

15.01.2025, 14:00

U.S. stock futures climbed notably, buoyed by robust bank earnings from major financial institutions such as JPMorgan, Goldman Sachs, and Wells Fargo. Analysts project that big banks are on track to report combined quarterly profits of approximately $31 billion, indicating a solid performance in the...

SpaceX and FireFly Aerospace Team Up for Historic Moon Launch

15.01.2025, 14:00

In an exciting development for lunar exploration, SpaceX successfully launched two privately-built moon landers, Blue Ghost and Resilience, aboard a Falcon 9 rocket. This mission marks a significant milestone in the new moon race, as both American and Japanese robotic landers embark on their journey...

Contentious Confirmation Hearing for Pete Hegseth as Defense Secretary

15.01.2025, 14:00

Pete Hegseth faced a challenging confirmation hearing for the position of Defense Secretary, with intense scrutiny from Democratic senators regarding his views on women in the military, allegations of misconduct, and his qualifications for the role. While GOP senators emphasized the urgency of...

Investors Brace for Crucial US Inflation Data Amid Market Jitters

15.01.2025, 13:00

Traders are gearing up for what is expected to be one of the busiest CPI days in recent memory, with the release of the December CPI report poised to confirm persistent inflation. This has prompted a recalibration of rate cut expectations as US inflation remains elevated, raising concerns about...

FTC Reports Billions in Price Increases by Pharmacy Benefit Managers

15.01.2025, 13:00

The U.S. Federal Trade Commission (FTC) has released a comprehensive report revealing that major pharmacy benefit managers (PBMs) have inflated drug prices, leading to an estimated $7.3 billion profit at the expense of consumers and the healthcare system. The report highlights disturbing price hikes...

Los Angeles Wildfires Raise Air Quality Concerns and Health Risks

15.01.2025, 12:00

The ongoing wildfires in Los Angeles are significantly affecting air quality, prompting health officials to issue warnings and alerts across L.A. County. Residents are advised to take precautions, including wearing masks and using air filters, as the hazardous smoke from the fires is releasing toxic...

Texans Part Ways with WR Diontae Johnson After Just Two Games

15.01.2025, 11:00

The Houston Texans have officially waived wide receiver Diontae Johnson after he played only two games with the team. This decision comes on the heels of multiple controversies surrounding Johnson, including a reported outburst in the locker room regarding his role. Johnson, a former player for the...

Microsoft Announces Major Layoffs Amid Performance Reviews

15.01.2025, 10:00

In a significant move, Microsoft has confirmed a series of layoffs across its departments, focusing on underperforming employees as part of a company-wide performance review strategy. This decision comes alongside similar actions from other major U.S. firms like Amazon, BlackRock, and The Washington...

FBI Updates Investigation on New Orleans Terror Attack

15.01.2025, 10:00

The FBI has released a comprehensive update on the recent terror attack in New Orleans, which resulted in the injury of 57 individuals. Suspect Shamsud-Din Jabbar is under investigation for a series of alarming premeditated actions, including online searches for similar attacks and logistical...

Biden Administration Removes Cuba from State Sponsors of Terrorism List

15.01.2025, 10:00

In a significant policy shift, the Biden administration has officially removed Cuba from the list of state sponsors of terrorism, reversing a decision made by the Trump administration. This move, which has elicited a mixture of praise and condemnation, is seen as a step toward easing tensions and...

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