Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week

GameStop Shares Plunge As $1.4 Billion Debt-For-Equity Swap Threatens Dilution GameStop shares fell in premarket trading after the company announced it had agreed to exchange about $1.4 billion of zero-coupon convertible notes for Class A shares, allowing the video game retailer to reduce long-term debt without using cash. The press release stated that the transactions were privately negotiated and cover $400 million of notes due in 2030 and $1 billion due in 2032. After the cancellation, CEO Ryan Cohen's GameStop will have about $2.8 billion of convertible debt remaining, including...

Some people seem to think the Constitution of 1787 is pretty much the same thing as the Declaration of Independence. They're wrong.

The Universe Is Expanding 'Too Fast' And Nothing We Know Can Explain It Authored by Steve Watson via Modernity.news, New ultra-precise measurements have confirmed the cosmos is expanding faster than models based on the early universe predict, while a separate study has dramatically shortened estimates of how long the universe itself will last. Astronomers have long observed a mismatch in the universe’s expansion rate depending on how it is measured. Local observations of nearby galaxies point to a faster rate, while data from the early universe, such as the cosmic microwave background, suggest a...