Author: Editor-In-Chief

Apple CEO Tim Cook gestures as he departs after a reception with the US president and business leaders on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. Fabrice Coffrini | AFP | Getty Imagesapple First-quarter results are expected to be released Thursday afternoon after the bell.Here’s what Wall Street is expecting, according to LSEG’s consensus estimates:EPS: $2.67 Revenue: $138.48 billionApple’s fiscal first quarter ended in December, and the company has previously indicated that it expects many people to buy iPhones during the holiday season. The company said it expects overall sales to…

U.S. Senate Minority Leader Chuck Schumer (D-N.Y.) enters the Capitol on January 27, 2026 in Washington, DC.Heather Deal | Getty ImagesThe Senate on Thursday failed to clear key procedural hurdles on the government’s key funding measure, and the shutdown was scheduled to begin at 12:01 a.m. ET Saturday. The six-item bill was widely expected to fail because Democrats want the Republican majority to strip funding to the Department of Homeland Security. Democrats are calling for new limits on federal immigration enforcement after an agent shot and killed two Americans in Minneapolis this month. The vote was 45-55, with seven Republicans…

The United States could be leaning toward another government shutdown, where federal agencies are forced to shut down because they are unable to pass legislation to fund federal agencies.It wasn’t always like that. At first, it appeared that Friday’s deadline to pass a new spending package would pass without much fuss.Recommended stories list of 3 itemsend of listHowever, with just a few days left until the deadline, an impasse has emerged. The change comes amid public outrage over recent shootings that resulted from President Donald Trump’s immigration enforcement efforts.Democrats have drawn a clear line in the sand since an immigration…

Emma Raducanu has parted ways with coach Francis Roig after working with the Spaniard for just six months.Raducanu’s decision came a week after she withdrew in the second round of the Australian Open, after which she said she was considering playing in a “different way”. The 23-year-old confirmed her split with Roig, who coached Rafael Nadal, in an Instagram post on Thursday. “Francis, thank you for spending time with me. You are more than a coach to me and I will cherish the many good times we shared on the court,” Raducanu wrote.”Although I have come to the conclusion that…

OpenAI’s video generation app Sora is currently struggling after rocketing to the top of the App Store in October. New data suggests that both app downloads and consumer spending are declining as the initial hype around AI video social networks fades. The iOS version, powered by OpenAI’s Sora 2 video generation model, surpassed 100,000 installs on its first day, despite being an invite-only experience. It quickly took the number one spot in the US App Store and reached the 1 million download milestone faster than ChatGPT. At the time, Sora’s app was iOS-only and still required an invitation, making its…

Manny Gonzalez has run Manny’s Tortas, a Mexican sandwich booth at the Midtown Global Market in Minneapolis, for more than 25 years with his 68-year-old sister. Since early December, four of the company’s 10 employees have stopped coming to work for fear of being detained by U.S. Immigration and Customs Enforcement agents, he said.Gonzalez, 65, is also concerned, he said. The trained chef immigrated to the United States from Mexico City in 1982 and now carries his passport everywhere he goes. He estimates average monthly income is down about 50%. He added that he and his sister usually manage the…

Iran has been preparing for war with the United States for nearly half a century. Unable to match U.S. military might, the Iranian government is instead focused on ways to impose large costs that could shake up the Middle East and the global economy. A US carrier strike group has arrived in the Middle East, reigniting fears of a broader war as US President Donald Trump warns it could attack Iran. Experts say that despite being severely weakened by last summer’s Israeli and American attacks and experiencing recent domestic unrest, the Iranian regime still has a wide range of options…

A boat passes alongside a cargo ship loaded with containers at the terminal of Yantian Port in Shenzhen, Guangdong Province, China, on October 30, 2025. Wang Tingju | ReutersThe U.S. deficit with global trading partners nearly doubled in November as the trade deficit with the European Union widened and the impact of President Donald Trump’s tariffs spread across the economy, the Census Bureau reported Thursday.Following a month in which the trade deficit hit its lowest level since early 2009, the trade deficit soared to $56.8 billion, an increase of 94.6% from October. About a third of this gain came from…

A Southwest Airlines aircraft is parked at Gate B33, its tail sticking into the sunlight, at Boston Logan International Airport in Boston, Massachusetts, on December 22, 2025. Austin DeSisto | Null Photo | Getty Imagessouthwest airlines The company said Wednesday it is overhauling its half-century-old business model to incorporate new revenue streams such as baggage fees and seat reservations, and expects 2026 profits to soar, far more than analysts expected.LSEG estimates the company is expected to post adjusted earnings of at least $4 per share this year, beating analysts’ expectations of $3.19. It also forecasts a 2-3% increase in production…

A view of Oslo from the rooftop of the Oslo Opera House on Thursday, October 21, 2021 in Oslo, Norway.Bloomberg | Bloomberg | Getty ImagesNorway’s $2 trillion sovereign wealth fund made a profit of $247 billion in 2025, thanks to gains in tech, financial and mining stocks, management announced Thursday.The fund posted annual profits of SEK 2.36 trillion ($246.9 billion). By the end of last year, the Fund’s total volume had reached NOK 21.27 trillion, and during 2025 the Fund would have returned NOK 13.5 trillion, its highest annual return since its creation in the 1990s.The overall return was 0.28…