In an unpredictable economic landscape, mortgage rates have surged to a staggering 6.85%, their highest point in over a month. This sharp uptick follows a brief period of relative stability, illustrating the volatile nature of financial markets today. The week started with a 22-basis-point increase on Monday, followed by another 3-point hike on Tuesday. It’s
In an age rife with fleeting trends and manufactured pop stars, the documentary “Hung Up on a Dream: The Zombies Documentary” directed by Robert Schwartzman swings the pendulum back to a time when authenticity ruled the musical landscape. This upcoming film, set for theatrical release on May 12, serves as a poignant reminder of the
The recent decision by the U.S. Justice Department to dismantle its National Cryptocurrency Enforcement Team has sent shockwaves across the digital asset landscape. This abrupt move is more than just a change in policy—it is a clear signal of how the federal government intends to navigate the murky waters of cryptocurrency regulation and enforcement going
In a surprising turn, traditional healthcare stocks found newfound momentum as the Trump administration signaled a favorable shift in Medicare payment rates. Reports in The Wall Street Journal indicated that the upcoming increase is planned at a rate of 5.06% next year, significantly overshadowing the 2.23% adjustment initially proposed by the previous administration. This dramatic
The financial landscape for restaurant stocks has soured dramatically, as fears of an impending recession cast a dark shadow over the industry. Market reactions, particularly in the wake of President Donald Trump’s controversial tariffs on imports, have sent shockwaves throughout the sector. This situation is not just a market anomaly; it could signify a dangerous
With pre-sales topping an impressive $7.8 million, Angel Studios’ latest animated feature, “The King of Kings,” is creating significant industry buzz ahead of its release. This figure not only surpasses expectations but also sets a new benchmark against the earlier success of “Sound of Freedom,” which paved the way for faith-based cinema to thrive in
The recent legal showdown between Apple and the UK government marks a significant chapter in the ongoing saga of user privacy versus state security. The U.K.’s Investigatory Powers Tribunal ruled against the government’s attempts to restrict information regarding Apple’s appeal against a controversial order that sought to create a “backdoor” into its iPhone encryption. This
In the high-stakes environment of stock exchanges, trading halts act as a lifeline. When stock prices plunge suddenly and dramatically, these pauses are essential to prevent market collapses reminiscent of the chaos in March 2020, when the COVID-19 pandemic unleashed unprecedented volatility. Circuit breakers and trading halts serve as a buffer against panic selling, allowing
Pennylane’s trajectory in the accounting software space is nothing short of remarkable. Launched only three years ago, the French startup recently secured a whopping €75 million funding round, catapulting its valuation to €2 billion. This meteoric rise highlights not just the company’s robust business model but also its impressive market adaptability, as it has secured
As the weekend unfolded, the box office showcased an intriguing juxtaposition of mainstream hits and indie gems, with Fathom Entertainment’s “The Chosen: Last Supper (Season 5) Parts 1 and 2” drawing significant attention. Both parts secured spots in the top ten, with Part 2 achieving an impressive estimated $7 million from 2,313 screens, ranking it