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Fuel prices displayed at a gas station in Paris on April 8, 2026, show that gasoline and diesel prices have soared due to the Iran war. Stefan Moushmouche | AFP | Getty ImagesPreliminary data on Thursday showed the euro zone economy expanded by just 0.1% in the first quarter of this year, as the Iran war hurt growth in the region and increased inflationary pressures.The report comes as preliminary data shows consumer prices in the single currency bloc are creeping up, with inflation rising to 3% in April from 2.6% in the 12 months to March and 1.9% the month…
Elon Musk’s X is still trying to lure advertisers back, but this time it’s a reimagined AI-powered ad platform that began rolling out Thursday. The tech company initially struggled to grow advertising revenue during the first few years of the Musk administration, leading it to shift its focus to other monetization channels such as AI and subscriptions. However, prediction According to eMarketer, X’s advertising business has been on the upswing recently, with estimated ad revenue of $2.26 billion in 2025 and growing. This is only half the size of Twitter’s ad business in 2021, but it’s heading in the right…
Reversing overnight gains, U.S. Treasury yields fell on Thursday after first-quarter gross domestic product (GDP) growth was lower than Wall Street economists expected. The yield on the 10-year U.S. Treasury, the benchmark for mortgages, auto loans and credit cards, fell more than 3 basis points to 4.384%. The two-year Treasury yield, which is more closely tied to the Federal Reserve’s short-term interest rate policy, fell nearly 5 basis points to 3.887%.One basis point equals 0.01%, and yields and prices move in opposite directions.The Commerce Department reported Thursday that gross domestic product (GDP) grew at a seasonally adjusted annualized rate of…
1. Technology TLDRMeta’s corporate logo will be on display at the Fira Gran Via booth, highlighting the company’s “AI-first” hardware ecosystem during Mobile World Congress.Joan Cross | Null Photo | Getty ImagesLast night, four of the Magnificent Seven tech companies released notable earnings reports, all of which far exceeded expectations. Still, some stocks are doing better than others this morning as investors digest spending plans for artificial intelligence.Here’s an overview:2. Succession planningU.S. Federal Reserve Chairman Jerome Powell departs after his final press conference after the two-day Federal Open Market Committee (FOMC) meeting at the U.S. Federal Reserve Board in Washington,…
london — “If you are visibly Jewish, you are not safe” in Britain, the country’s chief rabbi said on Thursday, expressing the fears of Britain’s Jewish community after two men were stabbed in a London suburb already reeling from several recent anti-Semitic attacks. “Unfortunately, today’s events prove that you are not safe if you are visibly Jewish and that much more needs to be done,” Ephraim Mirvis told the BBC. “For the past few days people have been thinking ‘Chas Beshalom’ God forbid. Where will it be next?” he added in a post about X. In Wednesday morning’s attack in…
24. According to an interview, her favorite lyric from the album Lover is, “Ladies and gentlemen, will you please stand? / Even though the guitar string scars remain on my hands / I consider this man’s magnetism to be my lover.” 25. Taylor is a billionaire!According to a report published by Bloomberg in October 2024, Taylor’s Elas Tour, which has been setting industry records for over a decade, helped her achieve billionaire status. 26. The 2019 Netflix film Someone Great inspired her music, she said in an interview with Elvis Duran. “I cried when I saw the movie. For about…
Marathon record-breaker Sabastien Sawe received a hero’s welcome in Kenya, where fans packed Nairobi’s airport and the president gifted him cash and a car.Sawe ran the London Marathon on Sunday, becoming the first athlete to break the two-hour marathon time with a time of 1 hour, 59 minutes and 30 seconds, breaking one of track and field’s most elusive barriers and breaking the previous world record by more than a minute.Recommended stories list of 3 itemsend of listThe 31-year-old arrived home late Wednesday to a national toast and was greeted by jubilant fans and family members.When the plane carrying Sowe…
Renewed concerns about the course of the war between the United States and Iran sent global benchmark Brent crude oil futures to a four-year high on Thursday, rattling stock markets, but analysts say investors are still pricing in peace and are underestimating potential future risks. The recent rise in oil prices came after Axios reported, citing anonymous sources, that U.S. Central Command is preparing to present to U.S. President Donald Trump the possibility of further military action against Iran. The president also reportedly rejected a peace offer from Tehran, meaning the US blockade of the Strait of Hormuz, a key…
Gemini co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO on the Nasdaq Marketsite on September 12, 2025 in New York City, USA. Gina Moon | Reutersgemini space station has received approval from the U.S. Commodity Futures Trading Commission to operate its own regulated derivatives clearing house. This will allow crypto exchanges to gain a deeper foothold in prediction markets and potentially expand into perpetual futures trading.This allows Gemini to clear and settle trades in-house, rather than relying on external infrastructure, and gives Gemini more control over the functionality and scale of its prediction market products, especially as it…
For the third time in 12 days, the Russian Black Sea town of Tuapse woke up to apocalyptic scenes on Tuesday. Thick toxic gases and flames rising from a recent Ukrainian drone attack on the Rosneft-owned Tuapse refinery have nearly reached the heights of the surrounding Caucasus mountains. Officials said the fire was extinguished by Thursday morning. Fires from two previous attacks on April 16 and 20 also took several days to extinguish. Toxic substances rained down with black rain, coating cars and roads in oil, leading to what experts called the region’s worst environmental disaster in years. “The city…