The latest news

Beijing Challenges Dollar Dominance with Strategic Push for Global Renminbi

Beijing Challenges Dollar Dominance with Strategic Push for Global Renminbi

Beijing, Sunday, 8 February 2026.
Beijing is explicitly maneuvering to dismantle the US dollar’s hegemony, confirmed by the January 2026 publication of President Xi Jinping’s strategic address. Framing the renminbi as a stable, moral alternative to a “lawless” Wall Street—highlighted by recent Western banking controversies—China is aggressively positioning its currency as the bedrock of a new global financial architecture. The strategy is already yielding tangible results: renminbi-settled trade surged 11% in 2025 to nearly $2 trillion, with nations in the Global South increasingly bypassing the dollar for debt and trade settlements. By leveraging the “polycrisis” affecting Western markets and strengthening financial ties with partners like the UK, Beijing is not just seeking participation but leadership in global finance. This pivot represents a calculated effort to insulate developing economies from Western volatility while securing China’s status as a central financial powerhouse.

Caprae Capital Targets Global Gen Z Talent to Fuel $110 Million Deal Surge

Caprae Capital Targets Global Gen Z Talent to Fuel $110 Million Deal Surge

Wizards Shut Down Anthony Davis to Protect Long-Term Asset Value

Wizards Shut Down Anthony Davis to Protect Long-Term Asset Value

Mass Artist Withdrawals Force Cancellation of Kid Rock’s South Carolina Festival Stop

Mass Artist Withdrawals Force Cancellation of Kid Rock’s South Carolina Festival Stop

Clintons Challenge House Oversight Committee with Push for Public Testimony

Clintons Challenge House Oversight Committee with Push for Public Testimony

latest news in economy

AI Investment Boom Diverts Critical Resources, Triggering Economy-Wide Shortages

AI Investment Boom Diverts Critical Resources, Triggering Economy-Wide Shortages

San Francisco, Saturday, 7 February 2026.
A $700 billion AI spending spree is monopolizing essential resources, forcing data centers to deploy mobile gas turbines and triggering shortages in everything from electricians to memory chips.

The $50,000 Income Gap Defining the New Housing Market Reality

The $50,000 Income Gap Defining the New Housing Market Reality

Middle-Income Households Turn to Food Banks as Economic Divide Widens

Middle-Income Households Turn to Food Banks as Economic Divide Widens

Trump Quadruples Argentine Beef Imports in Controversial $800 Million Trade Deal

Trump Quadruples Argentine Beef Imports in Controversial $800 Million Trade Deal

Delayed Labor Data and Retail Earnings Take Center Stage

Delayed Labor Data and Retail Earnings Take Center Stage

latest news in companies

Nvidia Stabilizes Blackwell Chip Rollout After Overheating Setbacks

Nvidia Stabilizes Blackwell Chip Rollout After Overheating Setbacks

Santa Clara, Saturday, 7 February 2026.
Nvidia has mitigated thermal malfunctions in its Blackwell GPUs that previously stalled AI projects and reportedly cost Oracle $100 million. Updated hardware is now stabilizing the critical AI infrastructure supply chain.

NOV Inc. Stock Rallies on Revenue Beat Despite Steep Earnings Miss

NOV Inc. Stock Rallies on Revenue Beat Despite Steep Earnings Miss

FAA Clears SpaceX for Accelerated Crew-12 Launch to Restore ISS Staffing

FAA Clears SpaceX for Accelerated Crew-12 Launch to Restore ISS Staffing

AI Power Crunch Drives Tech Giants Toward Nuclear Energy Solutions

AI Power Crunch Drives Tech Giants Toward Nuclear Energy Solutions

Power Surge Triggers Boil Water Advisory for 95,000 Pennsylvania Customers

Power Surge Triggers Boil Water Advisory for 95,000 Pennsylvania Customers

latest news in politics

Christie Exposes Private Republican Criticism of President Trump

Christie Exposes Private Republican Criticism of President Trump

Los Angeles, Saturday, 7 February 2026.
On “Real Time,” Chris Christie alleged widespread GOP hypocrisy, specifically naming Senator Lindsey Graham as a colleague who praises President Trump publicly while privately calling him “nuts.”

Ossoff Launches Offensive Strategy in Georgia Senate Race Amidst Republican Infighting

Ossoff Launches Offensive Strategy in Georgia Senate Race Amidst Republican Infighting

Unprecedented Government Ownership in Private Companies Signals Major Economic Shift

Unprecedented Government Ownership in Private Companies Signals Major Economic Shift

Mass Resignations Hit Minnesota U.S. Attorney’s Office After Administration Halts Civil Rights Probe

Mass Resignations Hit Minnesota U.S. Attorney’s Office After Administration Halts Civil Rights Probe

TrumpRx Platform Launches with Direct Access to Discounted Brand-Name Medications

TrumpRx Platform Launches with Direct Access to Discounted Brand-Name Medications

latest news in global

Orban Escalates EU Rift by Formally Declaring Ukraine an Enemy Over Energy Policy

Orban Escalates EU Rift by Formally Declaring Ukraine an Enemy Over Energy Policy

Budapest, Saturday, 7 February 2026.
In a sharp escalation of diplomatic rhetoric on February 7, 2026, Prime Minister Viktor Orban declared Ukraine an ‘enemy’ of Hungary. Speaking in Szombathely, Orban asserted that Kyiv’s push to cut Russian energy imports endangers Hungary’s economy, framing the upcoming April election as a critical choice between war and economic survival.

Cuba Enforces Emergency Work Week as US Oil Blockade Threatens Economic Collapse

Cuba Enforces Emergency Work Week as US Oil Blockade Threatens Economic Collapse

Hungary’s Opposition Pledges Euro Adoption and Wealth Tax in New Manifesto

Hungary’s Opposition Pledges Euro Adoption and Wealth Tax in New Manifesto

Strict Sanctions Limit Russian Participation to Neutral Status at Winter Games

Strict Sanctions Limit Russian Participation to Neutral Status at Winter Games

Zelenskyy Exposes Alleged $12 Trillion Russian Economic Offer to Washington

Zelenskyy Exposes Alleged $12 Trillion Russian Economic Offer to Washington

latest news in general

Falcons Expected to Release Quarterback Kirk Cousins Before March Deadline

Falcons Expected to Release Quarterback Kirk Cousins Before March Deadline

Atlanta, Saturday, 7 February 2026.
Atlanta is set to release Cousins to bypass a $67.9 million guarantee trigger, prioritizing long-term cap flexibility over veteran stability despite Michael Penix Jr.’s ongoing injury recovery.

UCLA Dismisses Diversity Director Citing Policy Violations After Comments on Charlie Kirk’s Death

UCLA Dismisses Diversity Director Citing Policy Violations After Comments on Charlie Kirk’s Death

Green Day Urges ICE Agents to Resign During Pre-Super Bowl Concert

Green Day Urges ICE Agents to Resign During Pre-Super Bowl Concert

3 Doors Down Frontman Brad Arnold Dies at 47 Following Stage 4 Cancer Diagnosis

3 Doors Down Frontman Brad Arnold Dies at 47 Following Stage 4 Cancer Diagnosis

US Teen Ollie Martin Narrowly Misses Podium in Olympic Big Air Debut

US Teen Ollie Martin Narrowly Misses Podium in Olympic Big Air Debut