Author: HeraldStar

New federal filings reveal a mixed financial situation for the Democratic Party after its setbacks in the November elections. While the Democratic National Committee (DNC) appears to be in a strong financial position, a leading liberal super PAC is grappling with tens of millions of dollars in unpaid bills. The DNC reported a healthy bank balance of over $47 million as of November 25, with no debts, despite recent staff reductions following the election. In contrast, Vice President Kamala Harris’ defunct campaign, which had spent over $1 billion in an unsuccessful bid to defeat Republican Donald Trump, had just $1.8…

Oil prices dropped more than 4% on Wednesday after the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, announced the delay of an important meeting that was scheduled for Sunday. The meeting was anticipated to address potential further cuts to global oil production. By late morning ET, Brent crude, the global oil benchmark, fell by 3.7% to $79 a barrel, while West Texas Intermediate (WTI) crude, the U.S. benchmark, dropped 3.8% to $75 a barrel. This decline in oil prices could offer some relief to U.S. drivers heading into the Thanksgiving holiday weekend, with the…

Shares of major health insurance companies, including UnitedHealth Group, continued their downward trajectory on Friday, two days after the fatal shooting of Brian Thompson, the CEO of UnitedHealth’s health insurance unit, outside a Manhattan hotel. Authorities are still searching for the gunman, and the motive behind the attack remains unclear. Thompson’s death has sparked widespread outrage on social media, with many users expressing frustration over the challenges of navigating the U.S. health insurance system, especially when medical expenses are not covered or claims for care are denied. This incident has amplified existing criticisms of the industry, particularly regarding its handling…

The collapse of France’s government on Wednesday could have significant consequences for Europe’s energy markets, potentially leading to soaring electricity prices across the region. As Europe’s largest electricity exporter, France plays a crucial role in supplying power to neighboring countries, accounting for approximately 60% of net electricity exports in 2024, according to energy data from energy-charts.info. This year, France’s record electricity exports have provided neighboring nations with a vital source of affordable, clean power while the region grapples with high energy costs, sluggish economic growth, and political instability. However, with the country now facing significant political turmoil, questions are being…

A coalition of climate-vulnerable nations is seizing a key U.N. meeting this week to advocate for a major overhaul of the global credit rating system, urging that it reflect the investments made in climate resilience. The push comes as heads of state prepare for a major finance conference in Spain next year, where international leaders will seek to accelerate efforts to meet global climate and sustainability targets. At the forefront of the discussions are 39 Small Island Developing States (SIDS), including nations such as Cuba, Haiti, Fiji, and the Maldives, which are facing the worst impacts of climate change. These…

Novo Holdings has officially received unconditional approval from the European Union for its $16.5 billion acquisition of U.S. contract drug maker Catalent, a deal that is set to further strengthen its foothold in the pharmaceutical industry. The European Commission concluded that the acquisition would not pose any competition concerns in the European Economic Area (EEA), paving the way for Novo Holdings to finalize the transaction by the end of this year. In its statement, the European Commission confirmed that the merger would not significantly affect competition in the markets under review. Specifically, it stated that there are sufficient alternative competitors…

Angelina Jolie, the celebrated actress known for her roles in iconic films like Maleficent and Lara Croft: Tomb Raider, surprised audiences on The Tonight Show Starring Jimmy Fallon by sharing a little-known fact about her career aspirations before Hollywood stardom. Despite her success in acting, Jolie revealed that her first professional ambition wasn’t in front of the camera but in the funeral industry. In an interview with Fallon, the Oscar-winning actress disclosed that she once studied to become a funeral director. When Fallon curiously asked, “Why? How?”, Jolie responded with humor, “Doesn’t it make sense though?” She went on to…

When Taylor Swift first graced the stage of Cowboys, a small bar in Colorado Springs in 2007, she was a fresh face in country music. After the show, she handed two purple beaded bracelets to an enthusiastic fan, Carola Lovering, who had been singing her heart out in the front row. Lovering kept one for herself and gave the other to her best friend, Joanie Goldfarb. Over a decade later, the two reunited during Swift’s Eras Tour in October 2024, where, despite having lost the original bracelets, they exchanged new ones with fellow concertgoers, embodying a tradition sparked by Swift’s…

The Houston Dash have re-signed midfielder Kiki Van Zanten to a two-year contract that will run through the 2026 NWSL season, with a mutual option for the 2027 campaign, the club announced on Friday. Van Zanten, 23, made her mark in her first season with the Dash but was sidelined after sustaining a season-ending foot injury in April. Before the injury, she played in four matches, with one start. Despite the setback, her resilience and determination to return to full fitness impressed the Dash organization. “We are excited about what Kiki can bring to the team next season,” said interim…

Switzerland’s Justin Murisier made a spectacular start to the speed season by securing his first World Cup victory in the men’s downhill race at the legendary Birds of Prey track in Beaver Creek, Colorado, on Friday. In a thrilling finish, Murisier clocked a time of 1 minute, 40.04 seconds, narrowly defeating pre-race favorite Marco Odermatt, who was 0.20 seconds behind in second place. Slovenia’s Miha Hrobat claimed third, marking his first-ever World Cup podium finish. Murisier, who has battled through numerous injuries and surgeries in recent years, expressed his joy and relief after clinching the win. “It’s amazing, I’ve dreamed…