Energy Jumps to #2 A big move for the energy sector last week as XLE jumped to the #2 position in the ranking, coming from #6 the week before. This move came at the cost of the Consumer Staples sector which was pushed out of the top-5 and is now on #7. Because of the jump of Energy, the Financials sector was pushed down to #3. Healthcare and Utilities remain in the top-5 but have...
Georgia Republican Rep. Andrew Clyde is formally introducing his articles of impeachment against a Rhode Island judge who previously ordered the Trump administration to unfreeze federal funds. The articles, first shared with Fox News Digital, charge Chief U.S. District Judge John James McConnell Jr. with abuse of power and conflicts of interest, stating he ‘knowingly politicized and weaponized his judicial position to advance his own political views and beliefs.’ If McConnell is found guilty...
Two prominent House lawmakers from opposite sides of the aisle are teaming up to push for greater transparency on the gifts or perks that representatives of the federal government receive from foreign entities. Reps. Byron Donalds, R-Fla., and Jared Golden, D-Maine., introduced the Gift, Accountability, Reporting, and Disclosures (GARD) Act late last week, aimed at strengthening the government’s guardrails against foreign influence. The bill would vastly expand the definition of a ‘foreign’ gift, while imposing...
Genetic testing giant 23andMe has filed for bankruptcy protection in the US as it seeks to sell off its business — placing the personal genetic data of millions of customers in a precarious position. The San Francisco-based company, which rose to prominence with its consumer DNA testing kits, announced on Sunday that it had initiated voluntary Chapter 11 proceedings in Missouri to “facilitate a sale process to maximise the value of its business.” The dramatic...
Peace talks between U.S. and Russian delegations aimed at ending the war in Ukraine are underway Monday in Saudi Arabia, according to media reports. The discussions come after Ukrainian President Volodymyr Zelenskyy said a delegation from his country had a ‘quite useful’ meeting with an American team in Riyadh on Sunday. ‘Our team is working in a fully constructive manner, and the discussion is quite useful. The work of delegations continues. But no matter what...
The Senate Republican campaign committee is calling on GOP senators to showcase the mission of President Donald Trump and his billionaire ally Elon Musk to ‘eliminate wasteful spending’ by the federal government. In a memo shared first with Fox News on Monday, the National Republican Senatorial Committee (NRSC) is urging senators to spotlight that Trump’s recently created Department of Government Efficiency, better known by its acronym DOGE, is pushing to ‘streamline federal operations, eliminate wasteful...
British manufacturers are facing fresh uncertainty as Donald Trump’s sweeping new steel and aluminium tariffs threaten more than £2.7 billion ($3.43bn) worth of UK exports to the United States — a move that is already prompting order cancellations, price hikes, and long-term strategic questions for exporters. The tariffs, reinstated by executive order as part of the US president’s campaign to revive American industry, apply not only to raw materials but also to a wide range...
The UK’s life sciences sector is falling behind international competitors, missing out on an estimated £15 billion a year over the past decade due to declining foreign investment, falling export share and a drop in clinical trials. This is according to a new report by LEK Consulting for the Society of Chemical Industry (SCI). Despite being named one of the eight priority sectors in the government’s forthcoming industrial strategy, the life sciences sector is struggling...
In the evolving digital economy, businesses are increasingly integrating blockchain-based solutions to enhance efficiency and reduce transaction costs. One of the leading cryptocurrencies making waves in cross-border transactions is XRP. As businesses explore cost-effective ways to conduct global payments, XRP to USD conversions have become a focal point for financial institutions and enterprises. With its fast settlement speed and low fees, XRP presents a compelling case for companies looking to streamline their financial operations. The...
Rumors swirled that Musk is considering a massive bid to buy Liverpool Football Club. This is a shocking development in the world of football. Musk’s alleged interest has ignited debate: Is this a serious play or another headline-grabbing stunt? We’ll explore the topic by looking at different angles to help you figure out if this is going to be fact or fiction. Liverpool is one of the biggest football clubs in the world, having won...
