Last year, a quiet AI lab from China, backed by a hedge fund, made a big splash. Their model, DeepSeek R1, showed it could compete with top U. S. AI models but at a much lower cost. This news sent shockwaves through Wall Street. The impact was huge. On January 27, 2025, the S&P 500 index lost over
Last week, crypto investment products saw a huge surge in interest. Overall, they pulled in over $2. 17 billion, making it the biggest week for these funds since October. But it wasn't all smooth sailing. On Friday, things took a turn, with $378 million flowing out due to worries about Greenland and
Last November, businesses in the US faced a tough time. Prices for goods and services shot up, and this trend might mean that consumers will soon see higher prices too. The latest numbers show that wholesale prices went up by 0. 2% in November compared to the month before. This means that over a ye
Last year, a group of health officials in the U. S. Department of Health and Human Services (HHS) worked on a draft proposal. They wanted to cut the recommended alcohol limit for men in half. This meant men should have only one drink per day instead of two. Women's limits would stay the same. The go
Last week, President Donald Trump's net worth got a massive boost when shares of Trump Media & Technology Group soared after announcing a merger with TAE Technologies, a nuclear fusion company. This deal is worth $6 billion, and it's causing quite a stir. The merger is controversial because it crea
Las Vegas is getting a penguin makeover this holiday season. The Sphere, a giant entertainment venue, is lit up with images of Pudgy Penguins until December 29. These penguins started as digital art in 2021 but have since become a global brand. They are now on toys, clothes, and more. The company be
Last Sunday, Australia observed a day of reflection to pay tribute to those affected by the recent mass shooting at Sydney's Bondi Beach. This event, which disrupted a Hanukkah celebration, marked Australia's most severe shooting incident in decades. Investigations suggest it was a targeted act of t
Last month, the rate at which prices went up slowed down. This was a surprise. The numbers came out after a break in official reports. The latest figures show a 2. 7% increase in prices over the past year. This is less than what was seen in September. The numbers come from the Labor Department. They
Last week, the Israel Allies Foundation (IAF) celebrated President Donald Trump at its annual Chairman’s Gala in Washington, D. C. The event highlighted Trump's impactful policies towards Israel, including recognizing Jerusalem as its capital, moving the U. S. Embassy, and acknowledging Israeli cont
Last week, couples in San Diego went to a federal building for green card interviews. They thought this was the last step to live together in the U. S. permanently. But things took a surprising turn. Each couple had one American and one foreign spouse. Stephen Paul brought his British wife and thei
