Author: Editor-In-Chief

The Texas Voyager oil tanker anchors off the coast of Chevron’s El Segundo Refinery on March 4, 2026 in El Segundo, California. Patrick T. Fallon | AFP | Getty ImagesThe Trump administration on Friday announced a $20 billion reinsurance program for oil tankers and other maritime traffic to allow ships to transit the Strait of Hormuz. U.S. oil prices rose 35% this week as tanker traffic in the Persian Gulf stalled due to the Iran war. Some Gulf states have begun cutting production because they can’t export oil through the strait.The US International Development Finance Corporation regularly insures losses of…

Ferrari’s Lewis Hamilton says he wants to “understand” Mercedes’ advantage after his former team and title contenders dominated the front row at the season-opening Australian Grand Prix.Mercedes dominated the first qualifying session of the year in Melbourne, with George Russell taking pole position from teammate Kimi Antonelli, underscoring their status as favorites from pre-season. The Silver Arrows’ lap time advantage over Red Bull’s Isaac Hajjar in third place was a whopping 0.785 seconds, with both McLaren and Ferrari more than eight tenths off the pace. Use Chrome Browser for a more accessible video player Craig Slater has explained why he…

Robinhood Markets Chairman and CEO Vlad Tenev rings the opening bell with Robinhood Ventures Fund I at the New York Stock Exchange on March 6, 2026.new york stock exchangeRobinhood Venture Fund I The company plunged 11% on the New York Stock Exchange public market on Friday, raising questions about investors’ appetite for riskier investments amid geopolitical tensions. The fund trades under the ticker RVI and offers exposure to prominent private companies such as financial services company Revolut and software company Databricks. Robinhood CEO Vlad Tenev told CNBC’s “Squawk on the Street” on Friday that the company aims to democratize access…

Max Verstappen had a “very strange” crash during the first half of qualifying for the Australian Grand Prix and had his hand x-rayed.Verstappen’s Red Bull snapped sideways as soon as he hit the brakes on the first flying lap heading into Turn 1, crashing through the gravel and into the wall. The four-time world champion was seen looking at his hands after jumping out of the car, but was cleared by the medical team and is scheduled to compete in Sunday’s season opener in Melbourne. “Everything is fine. I had to take an X-ray to make sure my hand was…

Tony Anderson | Digital Vision | Getty ImagesThe average tax refund so far this season is up 10.6% compared to about the same time in 2025, according to the latest IRS filing data.The average refund for individual filers as of Feb. 27 was $3,742, up from $3,382 about a year ago, the IRS reported Friday. The average is down from $3,804 reported last week. Average refunds spike around mid-February when the data includes payments that claim the refundable portion of the child tax credit, typically known as the Earned Income Tax Credit or Additional Child Tax Credit (ACTC), according to…

U.S. President Donald Trump points while speaking about the U.S. economy and affordability as he arrives at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S., Dec. 9, 2025. Jonathan Ernst | ReutersNovember’s midterm elections were always supposed to be about affordability. Then bombs started being dropped on Iran. The escalation of U.S. wars in the Middle East threatens to disrupt the cost-of-living narrative that has so far defined the race for control in Congress. The election is less than eight months away and will determine whether President Donald Trump maintains an iron grip on Washington or spends the…

Youthful Arsenal overcame a disastrous defeat to Mansfield in League One to reach the FA Cup quarter-finals and keep their hopes of winning the quadruple title alive.Mikel Arteta has named a surprising eleven and a dramatic change in formation as he chooses to rotate his squad ahead of a busy training session. However, this almost proved to be a defeat for the Gunners as they had to overcome sustained pressure from Nigel Clough’s side to progress to the last eight of the competition. team news headlines Mikel Arteta surprised many by switching to a back three for a much-changed Arsenal…

Canadians perform an “elbows up” protest against U.S. tariffs and other policies by U.S. President Donald Trump at Nathan Phillips Square in Toronto, Ontario, Canada, on March 22, 2025.Carlos Osorio | ReutersFor Lisa McBean, buying American-made snacks and traveling to America came naturally. For Ontario residents, this changed starting in early 2025.Since then, the 54-year-old has started checking to see if products are made in Canada before buying them at the grocery store. McBean canceled multiple trips to the United States for concerts. Cross-border shopping was once common, but not anymore.The reason is that US President Donald Trump has repeatedly…

The Food and Drug Administration logo prior to a press conference at Health and Human Services Headquarters in Washington, April 22, 2025.Nathan Posner | Anadolu | Getty ImagesA key official at the U.S. Food and Drug Administration, which oversees vaccines and biotech treatments, is leaving the agency following several decisions that have raised concerns within the industry.Vinay Prasad, director of the Center for Biologics Evaluation and Research, will retire from the FDA at the end of April, an FDA spokesperson confirmed Friday. This is his second resignation. He briefly stepped down in July following backlash over regulatory decisions and returned…

China’s space program has recently reached a number of milestones. In 2025, China conducted more than 90 orbital launches, setting a new record for orbital launches in a single year. In the past five years, China has returned the first samples from the far side of the moon, completed its own low-Earth orbit space station, and landed a rover on the surface of Mars. “We’ve seen multiple statements about President Xi Jinping and what he calls the Chinese space dream,” said Dave Cavossa, president of the Commercial Space Federation, a trade group representing the commercial space industry. “They see space…