Airline Profits May Plummet By 50% Due To $100B Increase In Jet Fuel Prices, Forecast Says
Global airlines face a forecast 50% profit drop in 2026 as jet fuel costs surge by $100B, forcing fare hikes, cost cuts, and capacity adjustments worldwide.
Elon Musk Predicted To Become First Trillionaire Once Spacex’s IPO Take Place This Week
Analysts say Elon Musk could become the first trillionaire as SpaceX's blockbuster IPO this week may lift his combined Tesla and SpaceX wealth above $1.1 trillion.
Federal Judge Blocks Trump’s $100K Application Fee On New H-1B Visas, Says He Had No Power To Impose Tax
Federal judge blocks Trump's $100K H-1B visa fee, ruling he lacked authority to impose what amounted to a tax, restoring lower costs for skilled-worker visa applicants.
Security Failures At Bush Airport Revealed After Man Sneaks Onto United Airlines Flight With Forged Boarding Pass
Security failures at Houston's Bush Airport were exposed after a man with a forged boarding pass allegedly boarded a United Airlines L.A.-bound flight, triggering investigations and delays.
Editor's Pick
Meta Scales Back Plan To Track Employee’s Computer Activity To Train AI Models, Gives Workers Option To Opt Out For ‘30 Minutes’
Meta eases its employee tracking AI program, adding a 30-minute pause option and limited opt-outs for staff handling sensitive work amid internal privacy concerns.
Tesla Expands Service Of Unsupervised Robotaxis To Entire Austria Metro Area Six Months After Removing Human Monitors
Tesla expands unsupervised robotaxis across the Austrian metro area six months after removing human monitors, raising questions on fleet size, wait times, and reliability.
SpaceX Slapped With Bearish Valuation Of $780 Billion, Half Of Its $1.8 Trillion IPO Target
Morningstar sets SpaceX's fair value at $780 billion, far below its $1.8 trillion IPO target, sharpening investor focus on growth, risks, and upcoming offering.
Investors
Most Read
Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
Democratic Rep. Slams Trump Over Tariffs On Countries Sending Oil To Cuba: ‘Designed To Cause a Humanitarian Collapse’
US Seizes Record $15 Billion in Bitcoin From Global ‘Pig Butchering’ Scheme Linked to Chen Zhi
EU Faces ‘Transitional Period’ After Trump’s New Import Surcharge Shakes Trade Deal
A months-long transitional period looms in transatlantic trade as President Donald Trump's new import surcharge threatens last year's U.S.-EU trade deal.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
Deals
Funding
AI Startup Funding Surging Despite Sting of High Interest Rates
AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
People
University of Arizona Students Boo Former Google CEO Eric Schmidt After Discussing AI in Commencement Speech
Former Google CEO Eric Schmidt is booed by University of Arizona graduates after praising AI in his 2026 commencement speech, amid student protests over his record.
LinkedIn Announces New Layoffs, Says Cuts Are Not Attributed To AI Replacing Jobs
LinkedIn is cutting 5% of its workforce, affecting approximately 900 employees, citing organizational restructuring rather than AI automation as the reason for the layoffs.
Meta Raids $12B AI Startup Thinking Machines Lab, Snags Founding Engineers in Talent War
Meta hires key engineers from Mira Murati's $12B AI startup, highlighting an intensifying talent war as top firms compete for elite AI expertise.
