In a long-sought first, researchers have sequenced the entire genome of an ancient Egyptian person, revealing unprecedented insight about the ancestry of a man who lived during the time when the first pyramids were built. The man, whose remains were found buried in a sealed clay pot in Nuwayrat, a village south of Cairo, lived…
Maersk estimates that U.S. businesses are currently paying an average 21 percent tariff relative to container load on all imports, marking a reprieve from the 54 percent average in mid-April after President Donald Trump escalated tariffs on Chinese goods to 145 percent. According to Maersk’s container-weighted effective average tariff rate metric, the current import taxes…
Layoffs across the U.S. this year have climbed to their highest level since the pandemic slammed the economy in 2020, new labor data shows. In the first half of 2025, companies announced 744,308 job cuts nationwide, the highest tally since the first six months of 2020, when employers cut nearly 1.6 million jobs in response…
According to estimates from S&P Global, just the five AI hyperscalers; Meta Platforms, Alphabet, Microsoft, Amazon, and Apple are projected to spend more than $1 trillion in capital investment on AI in the three years through 2027. Let that number sink in for a second…more than a trillion spent to develop artificial intelligence from just…
A March 2025 Empower study found that 55% of respondents felt further away from financial success than they did the previous year. While rising costs and uncertainties about the economy can make you feel out of control and unconfident about your money, you can focus on taking the right steps — and avoiding the wrong…
Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options. Del Monte has secured $912.5 million in debtor-in-possession financing that will allow it to operate normally as the sale progresses. “After a thorough evaluation…
By Tim Hepher CWMBRAN, Wales (Reuters) -Tucked beneath the armrest of a luxury business class seat in a factory in Wales lies a clue to a global aviation bottleneck that has left many airlines waiting impatiently for new jets. Before the armrest can support the pampered elbow of a premium passenger, a complex manufacturing jigsaw…
ROME (AP) — The debate in the Catholic Church over the celebration of the old Latin Mass is heating up just as Pope Leo XIV’s pontificate is getting under way, with the apparent leak of Vatican documents that undermine the stated reason of his predecessor Pope Francis for restricting access to the ancient liturgy. The…
Rep. Jodey Arrington (R-Texas) was confronted Tuesday over the One Big Beautiful Bill Act, not because it was surprising to see a Republican support increased spending — but because Arrington himself recently urged Americans to tackle the U.S. debt. The House Budget Committee chairman was grilled by Rep. Joe Neguse (D-Colo.) during a House Rules…
The game started a day earlier, when Iran’s semi-official Tasnim News Agency reported that the regime would not reveal the commander’s identity “for his protection.” A Persian-language X/Twitter account that styles itself as Israel’s Mossad, but has never been publicly acknowledged by the agency, announced on Wednesday that investigative journalist Behnam Gholipour had won its…