An Australian judge has annulled the marriage of a Melbourne couple after the bride told the court that she took part in the wedding ceremony believing it was a social media “prank.” According to documents published by the Federal Circuit and Family Court of Australia, the woman in her 20s…
Iran unveiled an underground missile storage facility and announced Friday that it is manufacturing “new special missiles,” according to Islamic Revolutionary Guard Corps (IRGC) affiliated Tasnim news. Video released on Iranian state TV IRIB on Friday showed IRGC Commander Major General Hossein Salami and Brigadier General Amir Ali Hajizadeh touring…
Greenland’s leader said on Friday he had not been in contact with incoming US president Donald Trump, who has said he wants control over the Arctic island, and urged everyone to respect Greenland’s wish for independence. Trump, who takes office on Jan. 20, said this week that US control of…
In the wee hours of an October morning, dozens of dogs chased the hulking figure of an animal scrambling through a forest in northwestern China as a thermal drone whizzed overhead. “The dogs caught it! Just stab it! Stab it!” a drone operator shouted into his walkie-talkie to the hunter,…
Brazil’s government will give Meta until Monday to explain the changes to its fact-checking program, Solicitor General Jorge Messias said on Friday. The move comes after the social media company scrapped its US fact-checking program and reduced curbs on discussions around topics such as immigration and gender identity. It is…
Flight recorders from the passenger jet that crashed in South Korea last month, killing more than 170 people, stopped working minutes before the plane belly-landed and exploded on the runway, investigators said Saturday. Officials probing the country’s deadliest aviation accident in almost three decades had hoped information from the so-called…
The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. So what does this rapid rise in interest rates mean for your portfolio? Let’s look at the shape of the yield curve by comparing multiple…
The composition of the top five sectors remains unchanged this week, despite an interrupted trading week. This stability comes against a backdrop of mixed signals and potential defensive rotation in the broader market. Let’s dive into the details and see how these sectors are holding up. XLY, Consumer Discretionary XLC,…
S&P 500 earnings are in for 2024 Q3, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued…
December non-farm payrolls data came in much hotter than expected. More jobs were added, the unemployment rate dipped slightly, and average hourly wages rose. Overall, it was a solid employment report, but the stock market didn’t like the news. Throw in the rise in inflation expectations to 3.3% in January…