Raising A Child Now Costs About $303,000: Study

Samsung Earnings Beat Expectations But Stock Abruptly Reverses Kneejerk Gains Samsung Electronics delivered another good quarter last night, underscoring that the AI infrastructure boom appears to continue to funneling enormous profits toward the companies supplying the memory chips powering. Shares were up 10% at one point but finished the session red. The South Korean technology giant reported second-quarter revenue of 171.5 trillion won and operating profit of 89.5 trillion won, according to CNBC, beating analyst expectations of 79.3 trillion won and marking another record quarter. Operating profit surged more than eighteen-fold...

Exxon Eyes Venezuela Return Nearly Two Decades After Nationalization Exit ExxonMobil is negotiating a return to Venezuela's Orinoco Belt, eyeing the Petromonagas heavy-oil project and neighboring Carabobo assets, Reuters reported Wednesday, citing people familiar with the matter. No deal has been finalized, and Exxon and state oil company PDVSA did not immediately respond to Reuters. Petromonagas also has a Russian state-owned shareholder - though it remains unclear how that existing interest would affect any transaction. The talks follow months of caution from Exxon's leadership. In January, CEO Darren Woods called Venezuela "uninvestable"...

Gaza’s Health Ministry on Tuesday said that Israeli forces killed at least seven Palestinians and wounded 21 over the previous 24 hours as the IDF continues its relentless attacks and constant violations of the US-backed ceasefire deal. Attacks in Gaza over the past day included an overnight bombing in Khan Younis, southern Gaza, that killed […]