Blog
Professional & Academic
Lower Prices Spurled New U.S. Home Sales, But The Decline Still Proves Gloomy Due to High Mortgage Rates
Washington, D.C. - New single-family home sales in the United States surged in April unexpectedly, fueled by falling home prices as builders reacted to weak demand and higher borrowing costs. But even as the short-term increase will lift the spirits of builders and...
Cyber Threats Keep Bank CEOs Up at Night
During a recent testimony to the UK Treasury Committee, HSBC UK CEO Ian Stuart raised serious alarm at the ongoing risk of cyberattacks on the banking industry. He disclosed that HSBC is subject to incessant attacks from cyber thieves trying to penetrate its systems,...
A Tragic Childhood: The Legacy of the 1960 Plane Crash in Park Slope
Brooklyn, NY — Dec. 16, 1960, was the day a devastating mid-air crash over New York City changed the lives of hundreds of people forever, including that of a young girl whose childhood was marked by the tragedy. The crash of United Airlines Flight 826 and Trans World...
Bill Gates Commits $200 Billion to World Health, Warns Philanthropy Won’t Take Place of Government Support
In a landmark announcement, Microsoft co-founder Bill Gates has committed to donating nearly all of his estimated $200 billion fortune over the next two decades to global health and development initiatives. This unprecedented philanthropic endeavor will culminate in...
TikTok Fined $600 Million for Illegally Shipping European User Data to China
In a historic ruling highlighting the European Union's dedication to data privacy, TikTok has been fined €530 million (around $600 million) by Ireland's Data Protection Commission (DPC). The fine stems from infringements of the EU's General Data Protection Regulation...
Britain’s Most Prestigious Universities Were Paid £2.8 Million by Meta in 2024, Fueling Controversy Over Academic Autonomy
In 2024, Meta—the technology conglomerate which owns Facebook, Instagram, and WhatsApp—donated £2.8 million to some of the UK's most elite universities, ratcheting up criticism about the link between Big Tech and universities. This is one installment of a total of...