Investment

Nasdaq Surges Past 20,000, Fueled by AI and Rate Cut Expectations

The Nasdaq Composite Index soared past 20,000 for the first time ever on Wednesday, marking a significant milestone in a year dominated by the...

Biden Administration Grants $6.165 Billion to Micron Technology

The Biden-Harris administration has awarded semiconductor giant Micron Technology up to $6.165 billion in direct funding through the CHIPS Incentives Program, aiming to significantly expand U.S. semiconductor manufacturing capabilities.

Australia Investigates Missing Deadly Virus Samples in Major Biosecurity Breach

The Queensland government announced Monday that hundreds of virus samples, including dangerous pathogens like Hendra, Lyssavirus, and Hantavirus, are missing from a state laboratory.

Pentagon Rolls Out Counter-Drone Strategy Amid Rising UAV Threats

The Pentagon has introduced a new counter-drone strategy in response to a surge in drone incursions threatening U.S. bases and national security.

Trump Administration Prioritizes Tax Reform and Border Security for Early 2025

Incoming Deputy Chief of Policy Stephen Miller confirmed on Sunday that comprehensive tax reform will be a top priority for President-elect Donald Trump’s administration, dispelling rumors of any potential delays. Miller stated that Congress will begin addressing tax reform immediately after tackling the border crisis, with a proposed timeline starting in January or early February.

University of Michigan’s $250 Million DEI Program Faces Scrutiny, Possible Defunding

The University of Michigan, home to the country’s largest and most expensive diversity, equity, and inclusion (DEI) program, is under fire for its reported failures and escalating tensions on campus. With over $250 million invested since 2016 and an annual operating budget of $30.68 million, the program is facing criticism for fueling divisions while failing to achieve its stated goals.

FDA Approves Cow Supplement to Reduce Methane Emissions

Earlier this year, the FDA approved a supplement for dairy cattle designed to reduce their methane emissions by 30%. The supplement, called Bovaer, was considered a "first-in-class methane-reducing feed ingredient," a press release says.

Bitcoin Hits $100,000: From Experiment to Financial Powerhouse

Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.

Tech Rally and Powell’s Optimism Drive U.S. Stock Indexes to Record Highs

All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.

Biden Pledges $1 Billion in Africa Aid Amid U.S.-China Rivalry

President Joe Biden has announced over $1 billion in humanitarian aid to assist individuals displaced by drought and conflict across 31 African nations. This commitment was unveiled during his recent visit to Angola, where he emphasized the United States' dedication to supporting Africa's humanitarian needs.

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