The U.S. Treasury Department announced that the Bank of New York Mellon (BNY Mellon) has been selected as a financial agent to support the rollout of the new Trump Accounts program. BNY Mellon will assist in developing the Trump Accounts application and manage the initial accounts, while Robinhood will act as the brokerage and initial trustee......
Growth in the U.S. services sector slowed in March, while the costs businesses pay for inputs surged to levels not seen in over three years, signaling rising inflation pressures amid ongoing geopolitical tensions in the Middle East. The Institute for Supply Management (ISM) reported that its non-manufacturing purchasing managers index (PMI)......
Goldman Sachs upgraded Netflix from Neutral to Buy on Monday, raising its 12-month price target to $120 from $100, with analyst Eric Sheridan citing a "more favorable risk-reward setup" ahead of the streaming giant's first-quarter 2026 earnings on April 16. The new target implies upside of roughly 26 percent from current levels. Sheridan's......
A grassroots campaign called BanRay has become the latest flashpoint in a widening debate over wearable surveillance, urging the public to treat always-recording AI smart glasses as unwelcome in shared spaces. The campaign, hosted at BanRay.eu, argues that devices such as the Meta Ray-Ban smart glasses have turned ordinary eyewear into a "surveillance......
A U.S. federal appeals court has ruled that the state of New Jersey cannot block the operations of Kalshi, a platform that allows users to trade on the outcomes of real-world events, including sports. The decision marks a significant development in the legal debate surrounding prediction markets and their classification under U.S. financial......
Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not start. Iran effectively closed the strait......
Apple removed Jack Dorsey's decentralized messaging application Bitchat from the Chinese App Store in February 2026 following a formal request from China's Cyberspace Administration of China, as Dorsey confirmed Sunday in a post on X. The ban targets the app's ability to operate entirely without internet access or national telecommunications......
Major technology companies including Amazon, Microsoft, and Google are facing increasing pressure from investors over the environmental impact of their data centers in the United States. Concerns are growing around high energy consumption, water usage, and the broader ecological footprint of these facilities. In recent months, several large-scale......
The six-week-old war between the United States, Israel, and Iran has produced the worst oil supply crisis in modern history, drawing warnings from economists and international institutions that the world faces a growing risk of stagflation and recession if the Strait of Hormuz remains closed. The International Energy Agency described the......
Authorities in the United States continue to investigate the disappearance of Nancy Guthrie, an 84-year-old woman from Tucson and the mother of television journalist Savannah Guthrie. Officials believe the case may involve an abduction and have outlined key developments in the investigation. January 31 Nancy Guthrie was last seen by family......
Bitcoin climbed approximately 3 percent to trade near $69,200 on Monday, lifted by reports of a last-minute diplomatic initiative between the United States and Iran and a wave of forced liquidations that punished bearish traders across crypto markets. The rally, which pushed the leading cryptocurrency to its highest level in more than a week,......
The war in Iran has triggered a cascading energy crisis from Southeast Asia to Europe, with governments imposing fuel rationing, grounding aircraft, and shutting institutions as the closure of the Strait of Hormuz chokes off roughly one fifth of the world's oil and gas supply. Goldman Sachs has described the situation as the "worst......
Mazda Motor announced Monday it has suspended domestic production of vehicles destined for the Middle East until May, becoming the latest Japanese automaker to scale back operations as the Strait of Hormuz remains effectively closed to commercial shipping, according to the Nikkei. The company had already halted exports to the region in March......
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GITEX Africa: The New Frontiers Of African Innovation
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