Author: Madison Thompson

A Delta Airlines flight departing from Minneapolis-Saint Paul International Airport was thrown into chaos when two pigeons were found inside the aircraft’s main cabin. The unusual situation caused disruption and panic among passengers, as captured in videos shared on social media. Passenger Tom Caw was the first to notice a pigeon aboard the plane before…

Stellantis, the world’s fourth-largest carmaker, announced Italian executive Antonio Filosa as its new CEO on Wednesday, replacing Carlos Tavares, who stepped down last year under pressure. Filosa, currently Stellantis’ chief operating officer for the Americas and chief quality officer, will start as CEO on June 23 and is expected to reveal his leadership team then.…

Major U.S. banks are cautiously exploring the cryptocurrency sector, driven by growing support from regulators and recent political shifts. Previously restricted by stringent regulations, Wall Street institutions are now seeing new opportunities to engage with digital assets. Despite this opening, four anonymous banking executives indicate that any initial involvement will be measured. Banks plan to…

The shocking story of an Italian man who said he was kidnapped and tortured for weeks in a fancy Manhattan townhouse by people trying to steal his bitcoin shows a dangerous side of cryptocurrency: the risk of violence from criminals after digital money. This kind of robbery is called a “wrench attack.” The term comes…

European Central Bank President Christine Lagarde believes the euro has the potential to become a credible alternative to the U.S. dollar, delivering major economic and strategic benefits to the 20-nation bloc. However, this would require significant reforms in the EU’s financial and security systems. Despite a global shift away from dollar assets due to unpredictable…

Tommy Paul was happy to win his first-round match at the French Open on Sunday, but he was probably even more excited to talk about getting back the truck that was taken from him in Florida after he missed some payments by mistake. The 12th-seeded Paul continued his strong clay-court play at Roland-Garros by beating…

Shares in Chinese electric vehicle (EV) manufacturer BYD dropped as much as 8.25% on Monday, retreating from a record high reached the previous week. The decline came in response to the company’s decision to significantly reduce prices on several of its electric and plug-in hybrid models, announced on May 23. This move has raised concerns…

The U.S. Treasury Department has announced that it will begin phasing out production of the penny in early 2026, ending more than two centuries of minting the one-cent coin. Despite this move, the penny will remain legal tender and continue to be accepted at retailers across the country for the foreseeable future. This decision aligns…

The Federal Trade Commission (FTC) has decided to drop a lawsuit filed during the final days of the Biden administration that accused PepsiCo of offering preferential pricing to large retailers. The case faced early opposition from current FTC Chair Andrew Ferguson, who dissented when the lawsuit was initially brought forward in January. Now leading the…

Long-term U.S. Treasury yields are approaching their highest levels since before the 2008 financial crisis, offering fixed-income investors a rare opportunity. While rising yields generally result in falling bond prices—something seen in 2022—they also increase the income potential for new bond investments. Alongside the surge in Treasury yields, credit spreads have widened, especially for riskier…