Author: Lucas

Saturday Night Live took aim at Donald Trump’s White House makeover in a chaotic HGTV-style renovation sketch which saw actor Miles Teller play both Jonathan and Drew Scott, the twin hosts of HGTV’s Property Brothers.The parody poked fun at the president’s decision to demolish the historic East Wing to build a $300 million, 90,000 sq ft ballroom which is being funded entirely by private donors. In the clip, the pair were seen arriving at the White House to oversee an over-the-top renovation.’This week, we’re taking on our biggest challenge yet – building the new White House ballroom,’ Teller’s HGTV host announces. ‘Donald and Melania moved into this house nine…

With markets getting too volatile for the faint-hearted investors who are being haunted by the fear of steep correction ahead, raising allocation to equity any further is no less than a risky proposition. Consequently, retail investors are being recommended to invest in a mix of equity and debt so that not only they don’t miss out on the market upside (if it’s still there) but can also lower their risk by investing a portion in debt securities.One can, therefore, explore the idea of investing in hybrid mutual funds which serve this purpose by investing in a mix of equity and…

Silver jewellery becomes less shiny over time and you may be looking to get it sparkly again, well, a simple process involving three household items you probably already have works a treat. The chemistry of mixing a few everyday things creates a reaction that makes your silver necklaces, bracelets or earrings look like new again without any harsh products – and there’s very little effort to this simple cleaning hack.All you need to do is gather the silver items that need a new lease of life, along with a plastic food container or something similar, along with three other everyday…

If digital currencies are an inevitability, it may be a wise move for central banks to set up their own. Qatar Central Bank is piloting an official digital currency. But what exactly are the potential benefits and risks?Cryptocurrencies are a form of digital currency that are at times seen as the outlaws in the world of finance: Unregulated vehicles for speculation and the currency of choice for criminal gangs and terrorists.Given this, what is the rationale for nearly every central bank in the world to set up their own digital currency, and for the International Monetary Fund (IMF) to publish…

Terrestrial Energy Inc. Terrestrial Energy begins trading today under the new ticker symbol “IMSR” after completing its business combination with HCM II Acquisition Corp. Terrestrial Energy received in excess of $292 million of gross transaction proceeds, before expenses, to support its business plan and accelerate technology commercialization Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) nuclear plants are designed to supply low-cost high-temperature, clean, firm and flexible heat and electricity, delivering sector-leading economics and time-to-market at fleet scale CHARLOTTE, N.C., Oct. 29, 2025 (GLOBE NEWSWIRE) — Terrestrial Energy Inc. (Nasdaq: IMSR) (“Terrestrial Energy” or the “Company”), a developer of small modular…

An illustration of the chemical structure of the new catalyst. Silica pillars (white with red and yellow balls) open the space between MXene layers (blue) loaded with ruthenium (purple), allowing polymers (grey) to flow more easily. Credit: Dongxia Liu/University of Delaware Plastics are valued for their durability, but that quality also makes them difficult to break down. Tiny pieces of debris known as microplastics persist in soil, water and air and threaten ecosystems and human health. Traditional recycling reprocesses plastics to make new products, but each time this is done, the material becomes lower in quality due to contamination and…

Nearly 50% of the 30 busiest US airports faced shortages of air traffic controllers, the Federal Aviation Administration said on Friday, leading to flight delays nationwide as a federal government shutdown hit its 31st day. The absence of controllers on Friday is by far the most widespread since the shutdown began, with one of the worst-hit regions being New York, where 80% of air traffic controllers were out, the agency said. At least 35 FAA facilities, including several at the largest US airports, reported staffing problems. Airports affected included facilities in New York, Austin, Newark, Phoenix, Washington, Nashville, Dallas and…

Strategy Executive Chairman Michael Saylor said in a recent podcast that his preferred perpetual stock, STRD, is being overlooked by investors because it trades as a junior security, unlike STRF, which is a senior instrument. STRD’s junior status has caused it to receive less attention despite its higher potential returns, Saylor said. In a capital stack, senior securities are paid out first and typically carry lower risk and lower yields. Junior securities are paid out after senior ones and carry higher risk, offering higher potential returns in compensation. As a senior security, STRF is protected by penalty provisions and prioritized…

State Government Securities (SGS), formerly known as State Development Loans (SDLs), have been drawing attention lately. The yield spread between SGS and Central government securities (G-secs) has widened to around 100 basis points (bps) in recent months, presenting an attractive opportunity for investors seeking safety with consistent income. Traditionally, this gap hovered between 25 bps and 50 bps.In the latest RBI auction held on October 28, the weighted average yield on newly issued SGS ranged from 6.97 per cent to 7.44 per cent for securities maturing between 6 and 30 years. The 10-year SGS traded at a spread of 62–69…

The Indian pharmaceutical industry has always played a pivotal role in the global healthcare industry. While India has always been known for its generic medicines and it is the largest producer and supplier of the same globally, now it also has a significant hold in other aspects of the pharma sector, such as Active Pharmaceutical Ingredients (APIs). In this space, India holds a market share of around 8% globally, both in terms of value of volume. (Source: IBEF) The pharma companies that have delivered exceptional returns over the last five years are all into the manufacturing of APIs. Now that’s…