The recent global IT outage caused chaos in the air travel industry, with several airlines experiencing disruptions in their flight schedules and services. The outage, which was linked to a tech update by cybersecurity giant CrowdStrike, affected airlines across Europe, the Middle East, the Americas, and Asia. Passengers were advised to check their flight status
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As Donald Trump gears up to deliver his speech accepting the presidential nomination at the Republican National Convention in Milwaukee, reports indicate that he has no intention of mentioning President Joe Biden by name. This deliberate decision to avoid directly referencing his Democratic opponent is a departure from Trump’s usual style of using derogatory language
In recent weeks adaptation in the market has been puzzling. Stocks that were previously underperforming, such as small caps, have started to show signs of recovery. This shift can be attributed to last week’s cooler inflation data combined with dovish comments from Federal Reserve Chair Jerome Powell that have paved the way for a potential
The landscape of politics plays a crucial role in determining the performance of defense stocks in the stock market. Historically, defense stocks have seen strong gains when there has been a single party in control across Congress and the executive branch. In particular, the Republican Party has been associated with significant outperformance in the defense
In a surprising turn of events, a federal judge in Florida has dismissed the criminal classified documents case against former President Donald Trump and two co-defendants. The ruling, made by Judge Aileen Cannon in the U.S. District Court for the Southern District of Florida, was based on the violation of the appointments clause of the
Elon Musk, the CEO of Tesla and SpaceX, shocked the world when he took to social media platform X to announce his full endorsement of former President Donald Trump. This announcement came moments after Trump was rushed off stage due to gunshots being fired at a rally in Pennsylvania. Musk expressed his support for Trump’s
The world of e-commerce is highly competitive, and maintaining the lowest prices has become a key factor for success. Brandon Fishman’s experience with running a discount for his vitamin-infused coffee on Target’s platform during a sales event sheds light on the challenges faced by Amazon merchants. With Amazon’s automated systems continuously scanning the internet for
SpaceX, a renowned space exploration company founded by Elon Musk, is currently facing an unexpected setback with its Falcon 9 rocket being grounded due to an in-flight failure. This incident, which is considered rare for the company’s reliable workhorse vehicle, occurred during the “Starlink Group 9-3” mission that launched from California’s Vandenberg Space Force Base.
The National Football League (NFL) is contemplating the idea of allowing minority private equity ownership for its 32 teams, with ownership stakes of up to 10%. Commissioner Roger Goodell expressed this consideration in an exclusive interview with CNBC. Goodell mentioned that the sports landscape is evolving, and they want to ensure that their policies evolve
The recent bipartisan proposal by senators to ban members of Congress from trading stock has gained significant attention due to the potential implications for lawmakers’ financial activities. This initiative, spearheaded by Sen. Josh Hawley, R-Mo., emphasizes the need to prevent elected officials from profiting off privileged information. Despite previous unsuccessful attempts to regulate stock trading