Wall Street indexes closed lower on July 17, driven by a selloff in AI-linked semiconductor stocks and disappointing guidance from Netflix. The Nasdaq Composite fell 1.40%, the S&P 500 dropped 1.01%, and the Dow Jones Industrial Average declined 0.77%, according to Reuters. AI Chip Fatigue Triggers Semiconductor Bear Market The Philadelphia SE Semiconductor Index (.SOX) … Read more
Danny Boyle’s upcoming film Ink, a drama chronicling Rupert Murdoch’s 1969 acquisition of The Sun, will serve as the opening title for the 83rd Venice Film Festival. According to organizers, the film stars Jack O’Connell, Guy Pearce, and Claire Foy and will compete for the festival’s top honors at the Sala Grande on the Lido. … Read more
The British government has introduced new legal powers to ban support for Iran’s Islamic Revolutionary Guard Corps (IRGC) and the volunteer wing of Russia’s GRU military intelligence service. According to the UK government, these measures aim to curb the use of state-sponsored proxies following a series of antisemitic attacks and acts of intimidation on British … Read more
A federal judge dismissed a copyright infringement lawsuit on Monday against pop star Taylor Swift, ruling that the plaintiff failed to prove the artist plagiarized phrases from her poetry books. U.S. District Judge Aileen Cannon, presiding in Fort Pierce, Florida, dismissed the case with prejudice, effectively barring the plaintiff, Kimberly Marasco, from filing an amended … Read more
Prince Harry will travel to London alone next week for a series of charity events, as his spokesperson confirmed that Meghan and their two children, Archie and Lilibet, will not accompany him. The decision follows a report by The Telegraph that the decision was taken after a request for police protection was denied. Why are … Read more
The Vatican has formally excommunicated members of the Society of St. Pius X (SSPX) after the Swiss-based traditionalist group ordained four new bishops without papal authorization. This move marks a significant shift in governance under Pope Leo, confirming his commitment to the doctrinal reforms established during the Second Vatican Council in the 1960s, according to … Read more
The British government has signaled a potential intervention in the $110 billion merger between Paramount Skydance Corp and Warner Bros. Discovery, citing concerns over media plurality and the regulation of on-demand streaming services. According to a statement from the UK government, Culture Minister Lisa Nandy has set a July 6 deadline for the companies to … Read more
Prime Minister Keir Starmer is expected to announce his resignation or a departure timetable as early as Monday, according to The Observer. This potential exit follows Andy Burnham’s recent victory in a parliamentary by-election, an event that provides the political grounds for a formal leadership challenge within the Labour Party. Why is Keir Starmer’s leadership … Read more
Italian Prime Minister Giorgia Meloni has accused U.S. President Donald Trump of fabricating claims that she “begged” him for a photograph during the G7 summit in France. The dispute prompted Italy’s Foreign Minister, Antonio Tajani, to cancel a planned trip to the United States. This public disagreement signals a sharp decline in diplomatic relations between … Read more
The Jackass franchise is concluding its two-decade run with the theatrical release of Jackass: Best and Last. According to Paramount Pictures, the film premieres globally on June 25, blending archival footage of original cast members like the late Ryan Dunn with new material featuring series creators Johnny Knoxville and Jeff Tremaine. The project marks the … Read more