The inauguration of Mayor Mamdani in New York City with promises of a 'new era' and tax rises for millionaires sets a progressive tone, while the Trump administration retreats from Italian pasta tariffs and rolls back tariffs on furniture and kitchen cabinets, even as a judge rules to continue funding the CFPB.
Several people killed after Iranian protests turn violent highlights a major humanitarian crisis, while Iran offers to sell advanced weapons for crypto and US sanctions four Venezuelan oil traders underscore ongoing global tensions and evolving economic warfare, with Bulgaria joining the Eurozone and Japan's scallops becoming a pawn in diplomatic tensions with China representing shifts in international alliances and trade.
The newsletter business reaching a fever pitch and **Meta's Reels becoming a $50 billion business show strong growth in new media, while SpaceX, OpenAI and Anthropic prepare to launch landmark IPOs signals a booming tech sector, contrasting with Apple cutting Vision Pro production due to weak sales and chip shortages threatening a 20% rise in consumer electronics prices**.
Warren Buffett hands over Berkshire Hathaway's reins to Greg Abel, marking a significant leadership transition, as a crackdown on crypto tax evasion comes into force and central banks enter the gold trade to choke off smuggling reshaping financial regulation and resource management, with advice also offered on five simple ways to reset your finances in 2026.
A tragic fire at a Swiss ski resort kills about 40 people, while a new 'friends and family' therapy offers a fresh approach to mental health in the UK, alongside medical breakthroughs showing how AIDS helps cure cancer, and continued concerns as the number of women barristers in UK Supreme Court cases fails to increase in 17 years.