Steel production is a major contributor to global carbon dioxide (CO2) emissions, making it a significant target for sustainable and environmentally friendly solutions. Traditional steelmaking processes involve the use of coal and coke, resulting in substantial greenhouse gas emissions. However, a p
Buckle up, investors, because this week is poised to be a game-changer for the stock market. Between January 30th and February 2nd, five tech giants – Microsoft, Alphabet, Meta Platforms, Amazon, and Apple – with a combined market value exceeding $10 trillion will report their quarterly earnings
New York, NY (January 25, 2024) – The biotech sector, which has faced headwinds in recent times, received a much-needed shot of optimism today with CG Oncology’s successful initial public offering (IPO). The California-based cancer drug developer raised a larger-than-expected $380 million, s
San Francisco, CA – January 24, 2024 – E-commerce giant eBay announced today that it will be laying off approximately 1,000 employees, representing a significant 9% reduction in its total workforce. This news comes amidst a broader wave of tech industry layoffs, as companies grapple with slowing
Navigating Uncharted Waters: America’s Real Estate Market Faces a Potential $1 Trillion Default Wave
The American real estate market, a cornerstone of economic stability for decades, is currently standing on the precipice of a significant challenge. According to a warning from a billionaire CEO, the sector could be on the verge of a $1 trillion default wave, and the situation may turn ‘very u
Vertical Aerospace, the British air taxi developer, has received a much-needed shot in the arm with a $50 million lifeline from its founder, Stephen Fitzpatrick. This timely investment comes amidst challenges in the urban air mobility (UAM) market and concerns about Vertical’s financial runway
IMF Chief Kristalina Georgieva predicts that AI intelligence will influence approximately 40% of occupations around the world. “High-level economies face more serious dangers from simulated intelligence—yet additionally, more chances to use its advantages—compared to developing the busines
The U.S. civil government’s total public debt has reached$ 34 trillion for the first time, The U.S. Treasury Department reported on Tuesday, as members of Congress gear up for another series of civil backing battles in the coming weeks. The Daily Treasury Statement for Friday showed that the t