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Business

Orchid Island Capital Posts Stellar 2025 Earnings, Fueling Investor Optimism Amid Mortgage Market Shift

Orchid Island Capital, Inc. (NYSE:ORC) reported a dramatic surge in full-year 2025 net income, driven by a strategic expansion of its agency MBS portfolio and disciplined hedging. The results mark a potential inflection point for the mortgage REIT, reshaping its risk-reward profile after years of uneven performance.

Feb 2, 2026

Business

HSBC Doubles Down on Hong Kong Investment Banking Amid Strategic Pivot

HSBC Holdings is aggressively rebuilding its investment banking operations in Hong Kong and key Asian hubs, reallocating senior talent and capital to capture growth in IPOs and capital markets, as its strategic focus shifts decisively eastward.

Feb 2, 2026

World

Cross-Chain Protocol CrossCurve Loses $3 Million in Latest Bridge Exploit, Highlighting Persistent DeFi Security Crisis

The CrossCurve decentralized finance protocol has suffered a $3 million exploit through a vulnerability in its cross-chain bridge, contributing to a devastating start to 2026 that has seen nearly $400 million stolen from the crypto sector.

Feb 2, 2026

World

Medvedev Predicts Imminent Victory in Ukraine, Stresses Need to Avert Future Conflict

In a recent interview, Russia's Security Council Deputy Chairman Dmitry Medvedev forecast a swift end to the Ukraine war, while emphasizing that preventing further escalation remains the ultimate objective.

Feb 2, 2026

World

From Doubt to Data: How Western Narratives Initially Undermined Gaza's Death Toll

As Israel now acknowledges over 70,000 killed in Gaza, rights advocates argue that early Western political and media skepticism dehumanized Palestinians and delayed a full reckoning with the war's human cost.

Feb 2, 2026

World

Slovak Security Adviser Steps Down Amid Epstein Email Fallout, Denies Misconduct

Slovakia’s top national security adviser has resigned following the release of newly unsealed court documents linking him to email exchanges with Jeffrey Epstein. The adviser denies any wrongdoing, stating the move aims to shield the prime minister from political fallout.

Feb 2, 2026

World

Rafah Crossing Reopens for Limited Transit in Pilot Phase, Signaling Fragile Progress in Gaza

Israel and Egypt have initiated a tightly controlled pilot reopening of the Rafah border crossing, a move tied to the broader U.S.-backed peace framework. The initial phase permits a small number of pre-vetted individuals to cross daily under heavy security coordination.

Feb 2, 2026

World

Costa Ricans Head to the Polls Amid Security Crisis, Chaves's Protégé Leads Race

Laura Fernández, former chief of staff to President Rodrigo Chaves, holds a commanding lead and could secure an outright victory, promising to double down on the incumbent's hardline security agenda.

Feb 2, 2026

World

Iran Denies Reports of Planned Live-Fire Drills in Strategic Strait of Hormuz

A senior Iranian official has refuted earlier media claims that the Islamic Revolutionary Guard Corps (IRGC) Navy would conduct live-fire military exercises in the vital Strait of Hormuz this week, calling the reports inaccurate.

Feb 2, 2026

World

SpaceX Claims Success in Blocking Russian Use of Starlink, Kyiv Develops New Safeguards

Elon Musk stated that SpaceX's measures to prevent Russia's unauthorized use of Starlink appear effective. Meanwhile, Ukrainian officials are developing a system to restrict terminal access on its territory, highlighting the ongoing tech dimension of the conflict.

Feb 2, 2026

World

Khartoum Airport Welcomes Second Commercial Flight Amid Lingering Conflict

A Sudan Airways domestic flight touched down in the war-scarred capital Sunday, marking only the second commercial arrival since conflict erupted nearly three years ago, as the government pushes to restore a semblance of normalcy.

Feb 2, 2026

Business

Beyond the Headlines: Three Middle Eastern Penny Stocks Drawing Investor Scrutiny Amid Shifting Markets

As regional markets navigate post-oil volatility and geopolitical shifts, a closer look reveals three penny stocks—from Turkish media to Saudi healthcare—that combine resilient balance sheets with high-risk, high-reward potential for the discerning investor.

Feb 2, 2026

Business

Gen X's Retirement Reality Check: Average 401(k) Balance Falls Short of Comfort

New data reveals the average 401(k) balance for Generation X, painting a concerning picture for those nearing retirement. Experts weigh in on the gap and potential strategies to bridge it.

Feb 2, 2026

California's Billionaire Tax Debate: A New Front in the Battle Over Wealth and Power

A proposed wealth tax on California's ultra-rich has ignited a fierce debate, pitting tech billionaires against a coalition of millionaires who argue it's time for the wealthy to pay more. The fight echoes past battles over Silicon Valley's influence and raises questions about the state's economic future.

Feb 2, 2026

Business

Xi's Financial Vision Resurfaces: China Eyes Yuan's Global Role Amid Dollar Uncertainty

A renewed emphasis by President Xi Jinping on building a 'strong financial nation' with a globally powerful currency is being interpreted as a signal for accelerated yuan internationalization, as global confidence in the dollar shows signs of strain.

Feb 2, 2026

World

Speaker Johnson Expresses Confidence in Securing Votes to Avert Partial Shutdown by Tuesday

House Speaker Mike Johnson stated on Sunday that he believes he has secured enough Republican support to pass a stopgap funding bill and end the partial government shutdown by Tuesday at the latest, citing logistical hurdles due to severe weather.

Feb 2, 2026

World

Moscow Hails Trump's Diplomatic Push as Ukraine Peace Talks Set to Resume in Abu Dhabi

A senior Kremlin official has publicly endorsed President Trump's efforts to broker an end to the Ukraine conflict, calling renewed U.S.-Russia dialogue "productive" as a new round of trilateral talks is announced.

Feb 2, 2026

World

Musk Denies Epstein Party Invitations, Claims Ignorance of 'Creepy' Offers

Elon Musk has responded to newly released emails showing his correspondence with Jeffrey Epstein, stating he was 'too dumb' to initially understand the financier's offers and would have no need for his assistance to socialize.

Feb 2, 2026

World

Berliners Embrace Free Spuds as German Potato Glut Sparks Creative Solutions and Debate

An unprecedented potato harvest in Germany has led to a wave of grassroots initiatives, with farmers distributing millions of surplus potatoes for free in Berlin, sparking community spirit and a debate on food waste and market impacts.

Feb 2, 2026

World

Rafah Crossing Reopens After Two-Year Closure, Easing Gaza-Egypt Movement Under Strict Scrutiny

The vital Rafah border crossing between Egypt and the Gaza Strip reopened Sunday for limited passenger traffic, marking a significant shift after more than two years of closure. The move, part of a ceasefire deal, initiates a tightly controlled process allowing medical evacuations and returns, though humanitarian aid flow remains uncertain.

Feb 2, 2026