The 13 Worst Wildfires in American History

Terrible wildfires burning in Canada this week have blanketed parts of the American Northeast, including New York City, in a thick haze. The smoke pollution is dangerous to breathe, containing particulates that can cause all kinds of serious health problems. Wildfires have ravaged the United States for centuries, and many experts project they will only worsen along with climate change. […]

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European Shares Seen Up As US House Clears Debt Ceiling Bill

European stocks may open on a steady note Thursday after the bill to raise debt limit and cap government spending in the U.S. was passed by a wide margin on late Wednesday, days before the world’s biggest economy is due to start defaulting on its debt. The U.S. Senate must vote on the bill later this week before President Joe […]

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America’s Largest Weapons Manufacturers

The U.S. department of defense just proposed its 2024 budget, asking for an astounding $842 billion from congress. That figure is larger than the entire economy of 90% of the countries on Earth. (also see the 35 billion-dollar weapons in the U.S. Military budget this year) While American defense spending includes benefits for military personnel as well as pay, the […]

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World Bank cuts India’s growth forecast to 6.3% in 2023

Growth in India is expected to slow to 6.3 per cent in FY 2023/24 (April-March), a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected resilience in private consumption and investment and robust growth in the services. The World Bank made these points in its latest edition of Global Economic Prospects […]

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Elon Musk Visits China, Focuses On Tesla's Expansion

Tesla Inc. (TSLA) CEO Elon Musk initiates a crucial China visit by meeting with the country’s foreign minister in Beijing. This visit marks his return to Tesla’s primary manufacturing center after a three-year absence. Following China’s decision to reopen its borders and revise its zero-COVID policy in December, several prominent CEOs from top U.S. companies have been visiting the country. […]

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Gersh Signs Tribeca-Bound ‘Boca Chica’ Filmmaker Gabriella A. Moses

EXCLUSIVE: Gersh said Monday that it has signed Gabriella A. Moses, the up-and-coming filmmaker whose debut feature Boca Chica is set to world premiere in International Narrative Competition at the 2023 Tribeca Festival. Related Story CAA Sets Dates, Lineup For 8th Annual Moebius Film Festival An indie coming-of-age drama set in the Dominican Republic, Boca Chica follows Desi (Scarlet Camilo), a […]

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Is the Bear Market Over? It Depends.

The S&P 500, the index obsessed over by investors, executives and government officials, on Monday rose 20 percent above its lowest level of 2022, a gain that some on Wall Street see as the start of a bull market and a new phase of investing exuberance. The index fluctuated around the threshold on Monday, moving above it more than once […]

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Allstate Is No Longer Offering New Policies in California

California property owners hoping to open new insurance policies are no longer able to do so with one of the nation’s largest homeowner insurance companies. Allstate, the state’s fourth-largest property and casualty insurance provider, has stopped selling new home, condominium or commercial insurance policies in California, according to a company statement, first reported by The San Francisco Chronicle. It is […]

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