The latest news

Explosion at Key Iranian Logistics Hub Raises Geopolitical Stakes Near Strait of Hormuz

Explosion at Key Iranian Logistics Hub Raises Geopolitical Stakes Near Strait of Hormuz

Bandar Abbas, Saturday, 31 January 2026.
A deadly explosion in Bandar Abbas—a critical port handling one-fifth of global seaborne oil—has triggered immediate security concerns despite Tehran dismissing rumors of a targeted strike on an IRGC commander. With US naval forces reportedly approaching the region, this incident at the strategic Strait of Hormuz is being closely scrutinized by global markets for potential fallout on international energy supply chains and regional stability.

Rybakina Secures Second Grand Slam Title with Comeback Victory in Melbourne

Rybakina Secures Second Grand Slam Title with Comeback Victory in Melbourne

Tesla Replaces Legacy EV Production With Robots and a $2 Billion AI Bet

Tesla Replaces Legacy EV Production With Robots and a $2 Billion AI Bet

Affordable Chinese Electric Vehicles Reshape Global Markets and Trade Dynamics

Affordable Chinese Electric Vehicles Reshape Global Markets and Trade Dynamics

Trump’s Fed Chair Pick Kevin Warsh Named in New Epstein Documents

Trump’s Fed Chair Pick Kevin Warsh Named in New Epstein Documents

latest news in economy

AI Investment Boom Fuels Sharpest Trade Deficit Spike Since 1992

AI Investment Boom Fuels Sharpest Trade Deficit Spike Since 1992

Washington, Friday, 30 January 2026.
Surging imports for AI infrastructure drove the trade deficit up 94.6% in November, marking the most significant monthly percentage widening the U.S. has seen since 1992.

Major Corporate Job Cuts Test Resilience of United States Labor Market

Major Corporate Job Cuts Test Resilience of United States Labor Market

Citigroup Forecasts Limited US-Israel Military Actions to Avert Regional War

Citigroup Forecasts Limited US-Israel Military Actions to Avert Regional War

Kevin Warsh Emerges as Frontrunner Ahead of Trump's Friday Fed Announcement

Kevin Warsh Emerges as Frontrunner Ahead of Trump's Friday Fed Announcement

Global Growth Remains Steady in 2026 Despite Geopolitical Upheaval

Global Growth Remains Steady in 2026 Despite Geopolitical Upheaval

latest news in companies

Microsoft Sheds $357 Billion as Investors Question AI Costs and Cloud Growth

Microsoft Sheds $357 Billion as Investors Question AI Costs and Cloud Growth

Redmond, Friday, 30 January 2026.
On Thursday, Microsoft experienced its sharpest sell-off since March 2020, erasing approximately $357 billion in market value. Despite reporting a 17% revenue increase to $81.3 billion and beating earnings estimates, investors punished the tech giant over slowing growth in its Azure cloud division. Crucially, CFO Amy Hood attributed the Azure miss—39% growth versus the 39.4% consensus—to infrastructure capacity constraints rather than a lack of demand. However, Wall Street’s anxiety is mounting over the sheer scale of capital expenditure, which reached $37.5 billion this quarter, and the company’s significant exposure to OpenAI. While analysts at Bernstein remain bullish on the long-term strategy, this massive correction signals a shift in market sentiment, where massive AI spending is now facing intense scrutiny regarding immediate returns on investment.

Moderna Taps Oncology Veteran Dr. David Berman to Lead Clinical Pipeline Development

Moderna Taps Oncology Veteran Dr. David Berman to Lead Clinical Pipeline Development

Saks Global Pivots to Luxury by Closing Majority of Off-Price Locations

Saks Global Pivots to Luxury by Closing Majority of Off-Price Locations

Hyundai Discontinues Santa Cruz to Pivot Toward Traditional Midsize Pickup Market

Hyundai Discontinues Santa Cruz to Pivot Toward Traditional Midsize Pickup Market

Apple Q1 Earnings to Reveal Impact of AI Strategy and Holiday iPhone Demand

Apple Q1 Earnings to Reveal Impact of AI Strategy and Holiday iPhone Demand

latest news in politics

Executive Order Establishes Historic IndyCar Street Race on National Mall

Executive Order Establishes Historic IndyCar Street Race on National Mall

Washington, Friday, 30 January 2026.
Marking a historic first for the National Mall, President Trump’s executive order establishes the “Freedom 250” IndyCar race this August, targeting massive tourism revenue for the America250 celebration.

Republicans Unveil SAVE America Act to Mandate Strict Federal Voter ID Requirements

Republicans Unveil SAVE America Act to Mandate Strict Federal Voter ID Requirements

President Trump Files $10 Billion Lawsuit Against IRS and Treasury Over Tax Leaks

President Trump Files $10 Billion Lawsuit Against IRS and Treasury Over Tax Leaks

White House and Democrats Strike Interim Deal to Avert Shutdown Amid Immigration Standoff

White House and Democrats Strike Interim Deal to Avert Shutdown Amid Immigration Standoff

Trump Targets Bombardier With 50% Tariff and Decertification Threat

Trump Targets Bombardier With 50% Tariff and Decertification Threat

latest news in global

US Department of Energy and Kyoto Fusioneering Partner to Fast-Track Fusion Power

US Department of Energy and Kyoto Fusioneering Partner to Fast-Track Fusion Power

Washington, Friday, 30 January 2026.
This US-Japan alliance targets the critical fuel supply bottleneck by developing the UNITY-3 test facility, marking a pivotal step toward making commercial fusion energy a reality.

EU Elevates Vietnam Relations to Secure Critical Minerals and Tech Supply Chains

EU Elevates Vietnam Relations to Secure Critical Minerals and Tech Supply Chains

Manchester Outperforms UK Economy With Surge in Global Investment

Manchester Outperforms UK Economy With Surge in Global Investment

Australian Renewables Surpass Fossil Fuels as Battery Output Triples

Australian Renewables Surpass Fossil Fuels as Battery Output Triples

Nikkei Introduces New Index Tracking Japan’s Top Ten Banks Amid Rising Rates

Nikkei Introduces New Index Tracking Japan’s Top Ten Banks Amid Rising Rates

latest news in general

Federal Judge Removes Death Penalty Option for Luigi Mangione in CEO Murder Case

Federal Judge Removes Death Penalty Option for Luigi Mangione in CEO Murder Case

New York City, Friday, 30 January 2026.
Judge Margaret Garnett barred prosecutors from seeking the death penalty, ruling the underlying stalking charges do not legally qualify as “crimes of violence,” limiting Mangione’s potential sentence to life imprisonment.

Cooper Flagg Becomes Highest Scoring Teenager in NBA History

Cooper Flagg Becomes Highest Scoring Teenager in NBA History

Send Help Leads Weekend Projections as Niche Releases Iron Lung and Melania Surge

Send Help Leads Weekend Projections as Niche Releases Iron Lung and Melania Surge

Experimental Triple Therapy Eradicates Pancreatic Tumors in Mice Without Resistance

Experimental Triple Therapy Eradicates Pancreatic Tumors in Mice Without Resistance

Patrick Reed Exits LIV Golf as Second Major Champion to Seek PGA Tour Return

Patrick Reed Exits LIV Golf as Second Major Champion to Seek PGA Tour Return