Fintech stocks plummet as Wall Street worries about consumer spending, credit

The Portuguese cargo ship Solong collided with the US fuel tanker Stena Immaculate in the North Sea, leading to fears of sinking despite initial concerns of toxic chemicals on board. The owner confirmed no highly toxic chemicals were present and expressed sympathy for the missing crew member's family, as the vessel remains afloat but still on fire. Authorities have ruled out foul play and pollution, with salvage operations underway and no significant public health risks...

President Donald Trump announced on Tuesday that he has ordered a 25% increase in tariffs on Canadian steel and aluminum imports, bringing the total duties to 50%. The new policy will take effect on Wednesday morning, with Trump urging for Canada to be absorbed into the U.S. as the "Fifty First State." The decision to impose the additional tariffs was made in response to Ontario's government imposing a 25% tax on electricity exports to the...

Swiss politician Marc Jaisli was fined 6,500 francs for purchasing pink water pistols online that were deemed to violate the country's weapons law by authorities in Zurich. Jaisli, a member of the local council in Buchs, ordered the toys as gifts for his godchildren through an online retailer, Temu. Despite the pistols being imitations, prosecutors argued that their appearance could be mistaken for real firearms, leading to the fine being imposed. Full Article

Former Vice President Kamala Harris faced criticism for delivering a confusing speech at an AI conference, where she tied Big Tech innovation to her love of nacho cheese Doritos, prompting online mockery and backlash. During the event, Harris shared a story about ordering Doritos via DoorDash during the Academy Awards, leading to further confusion about consumer behavior and innovation. Despite the negative reactions, Harris is reportedly considering a run for California governor in 2026, as...

The Northern Lights are forecast to be visible from Scotland on Thursday, March 13, according to the Met Office space weather forecast, following recent sightings in Northern Scotland. The auroras, also known as the Aurora Borealis, appear as colorful lights in the night sky and are best viewed in areas with minimal light pollution, such as Dark Sky Reserves. To increase chances of seeing the Northern Lights, individuals can use aurora apps and capture them...

Kohl’s forecasted weaker sales for 2025, with a decrease of 5% to 7%, causing shares to drop 22%. New CEO Ashley Buchanan warned of a lengthy turnaround, aiming to add affordable products and recover lost demand. The retailer reported a profit decline in the last quarter, with a 9.4% sales drop and reduced dividend. Full Article