The U.S. Supreme Court ruled on Friday that the abortion pill mifepristone will continue to be widely accessible while the ongoing legal dispute unfolds in a lower court. This decision comes after the Department of Justice requested the high court to overturn rulings from lower courts that would significantly reduce the availability of the drug,
The CEO of Longview Economics, Chris Watling, has indicated that recent US economic data points towards an impending recession, which could cause turbulence in the stock market. In a recent interview on CNBC’s “Squawk Box Europe,” Watling highlighted concerning leading economic indicators. On Thursday, The Conference Board announced that the Leading Economic Index for the
The Sudanese military declared on Saturday that it is working to evacuate foreign citizens and diplomats from Sudan, as the country’s violent conflict enters its second week. General Abdel Fattah Burhan, the army chief, has pledged to aid the evacuation of American, British, Chinese, and French nationals and diplomats after discussing the matter with leaders
S&P Global, the credit rating agency, upgraded the United Kingdom’s sovereign credit rating outlook last Friday, removing the previously assigned “negative” label. This change was prompted by the UK government’s decision to forgo most of the unfunded budgetary measures proposed in September 2022, leading to an enhanced fiscal outlook for the country. S&P maintained the
A prominent venture capitalist has attributed the downfall of Silicon Valley Bank (SVB) to a banking crisis rather than any issues within the technology sector. Anne Glover, CEO and co-founder of Amadeus Capital, expressed her belief that the SVB crisis resulted from “utterly irresponsible” practices by the bank’s management. Glover explained that SVB engaged in
As Earth Day approaches, climate change campaigners from across the globe are mobilizing to raise awareness and encourage action. In the United Kingdom, protesters assembled near the parliament building, advocating for increased efforts to combat global warming. Earth Day events around the world will include tree planting and trash removal, marking the 54th anniversary of
A turbulent week for Elon Musk culminated on Friday when Tesla’s institutional investors, collectively holding over $1.5 billion in shares, penned an open letter urging the company’s board to control the embattled CEO. The letter comes after the mid-flight explosion of SpaceX’s Starship rocket during its inaugural test flight and Tesla’s Q1 earnings report revealing