Saks Fifth Avenue Files for Bankruptcy. What Really Went Wrong
Luxury shoppers walking through Saks Fifth Avenue’s flagship store in Midtown Manhattan still see designer handbags and polished displays. On the surface, everything looks familiar. Behind the scenes, however, the…
China announces record $1tn trade surplus despite Trump tariffs
China has posted its largest trade surplus ever, showing that its exports held up well despite trade pressure from the United States under President Donald Trump. Exports remained strong throughout…
Global Central Bank Leaders Back US Fed Chair Jerome Powell Amid Investigation
Senior central bank leaders from around the world have publicly expressed support for US Federal Reserve Chair Jerome Powell after the United States launched a criminal investigation into him. The…
UK Faces Snow and Ice Warnings as Storm Goretti Causes Power Outages
The UK is bracing for snow, ice, and freezing temperatures this weekend, with tens of thousands still without electricity after Storm Goretti. Buxton, Derbyshire, saw a light dusting of snow,…
Trump Warns Cuba as US Targets Venezuelan Oil Shipments
Donald Trump has warned Cuba to "make a deal" or face consequences after the United States began seizing Venezuelan oil shipments. The former president said the flow of Venezuelan oil…
Why Luxury Car Brands Are Building Their Own Luxury Apartments
Bugatti is famous for making some of the most expensive, high-performance cars in the world. Now, the brand is taking a surprising turn: instead of racing on tracks, it’s racing…
Malaysia and Indonesia Ban Elon Musk’s AI Chatbot Grok Over Explicit Deepfakes
Malaysia and Indonesia have blocked access to Elon Musk’s AI chatbot, Grok, following concerns over its ability to generate sexually explicit deepfake images. Grok, available on Musk’s X platform, allows…
Trump Proposes 10% Credit Card Interest Cap, Banks Drop
Shares in big banks and credit card companies fell after President Donald Trump announced a plan to limit credit card interest rates to 10 percent for one year, starting January…
Trump Faces Unprecedented Clash with Federal Reserve Chair Jerome Powell
In a rare and extraordinary move, Federal Reserve Chair Jerome Powell released an unscheduled video statement on social media. His words left many wondering if it was a deepfake, given…
Are Violent Video Games Like GTA 6 Becoming Too Real?
Video games are looking more realistic than ever, and GTA 6 is about to set a new standard. But as graphics get closer to real life, some players are asking…
