California wildfires: Power cuts hit thousands as Malibu blaze fuels evacuation concerns

California faces fresh wildfire threat as Malibu fire spreads amid strong Santa Ana winds. (REUTERS)

Thousands of California residents faced power outages on Thursday as a fast-growing brush fire in Malibu triggered evacuation orders and strong winds heightened the risk of wildfires across the state. California faces fresh wildfire threat as Malibu fire spreads amid strong Santa Ana winds. (REUTERS) Separate fires broke out in Azusa, north of Los Angeles, … Read more

CoreWeave stock crashes 15%, falls further as AI slowdown fears and debt woes hit

CoreWeave shares fall as AI slowdown fears and debt concerns weigh on investors.

CoreWeave shares continued to fall on Thursday after a sharp drop on Wednesday. The stock of AI computing company CoreWeave (CRWV) plunged 15% on Wednesday and fell another 6% in pre-market trading on Thursday, extending a difficult week for the company. CoreWeave shares fall as AI slowdown fears and debt concerns weigh on investors. Investors … Read more

US inflation to hit 3.6% in September? Why CPI data matters for Fed rate decision

US inflation and gas prices remain key factors in the Federal Reserve's October interest rate decision. (Pexel/Representative image) (Pexel)

The US Consumer Price Index (CPI) report, due on Wednesday, October 15, is expected to show that inflation increased in September as energy prices rose. The data will help investors understand how prices are changing and what the Federal Reserve may do with interest rates. US inflation and gas prices remain key factors in the … Read more

US gas prices hit $4.35 as diesel tops $6.27 amid global oil supply fears

US gas prices average $4.35 per gallon as diesel prices remain above $6. (Pexel)

US gasoline prices have stayed above $4 per gallon for a record number of days in 2026. On Wednesday, the national average price crossed the $4 mark for the 158th day this year. This broke the previous record of 157 days, set in 2022, according to a GasBuddy analysis. US gas prices average $4.35 per … Read more

Why is the US housing market struggling? Sales rise 1.5% as prices hit record $417,500

US home sales rise as record prices and high mortgage rates worsen housing affordability. (Photo by JOE RAEDLE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

US existing home sales increased in September, but the housing market continued to struggle. Sales rose despite high mortgage rates and rising home prices, which have made buying a house difficult for many young Americans. The National Association of Realtors (NAR) reported the increase on Tuesday. US home sales rise as record prices and high … Read more

California El Nino latest forecast: When will it hit and how to prepare

Latest El Nino forecast for California. (AP)

California is preparing for a possibly historic El Nino this winter. Forecasts warn of heavy rain, floods, landslides and huge waves along the coast. As the weather pattern grows stronger, officials are getting ready for its possible impact on the state. Latest El Nino forecast for California. (AP) What is the forecast? California is getting … Read more

Justice Unresolved: Police say Wyoming man Chance Englebert's death was accidental, but his mom thinks he was murdered, Someone hit him…

Police say Wyoming man Chance Englebert's death was accidental, but his mom thinks it was murder (Credit: Dawn Englebert)

Justice Unresolved is a series of articles examining cold cases, disappearances and unsolved crimes that continue to haunt families and communities in America. The stories revisit the known facts, unanswered questions and latest developments in cases where the search for truth is far from over. Police say Wyoming man Chance Englebert’s death was accidental, but … Read more

Huntington Beach hit by tsunami waves? Truth behind viral video as Newport Beach sees flooding

A child runs from the water as large waves break on the shore on Huntington Beach, southern California. (AP Photo/Ethan Swope)

A powerful earthquake struck Panama on Friday morning, prompting tsunami warnings for coastal areas of Panama, Colombia, Ecuador, Nicaragua and Guatemala. Alerts were also issued for El Salvador and Easter Island, Chile. A child runs from the water as large waves break on the shore on Huntington Beach, southern California. (AP Photo/Ethan Swope) Were tsunami … Read more

Why is PepsiCo struggling in North America? Rising costs and weak demand hit snacks, drinks

PepsiCo faces weak demand, rising costs and pressure on North American sales. (Photographer: Sergio Flores/Bloomberg) (Bloomberg)

PepsiCo is struggling to improve growth and profits in North America. The company said on Thursday that its recovery in the region is taking longer than expected, as demand for its snacks and drinks remains weak. PepsiCo faces weak demand, rising costs and pressure on North American sales. (Photographer: Sergio Flores/Bloomberg) (Bloomberg) PepsiCo CFO Steve … Read more

Houthis hit Yemen’s Aden airport, claim attacks on Saudi Arabia

Houthis hit Yemen's Aden airport, claim attacks on Saudi Arabia

Houthis target Aden airport with missiles as Yemen fighting intensifies Yemen’s Iran-aligned Houthis launched two missiles towards Aden International Airport early Wednesday, as fighting intensified between the group and government forces backed by Saudi Arabia, officials said.The missiles targeted the airport in the southern port city, but there were no immediate reports of casualties, the … Read more