Business
Nifty tests support zone amid corrective market phase; cautious week seen ahead
The broader technical structure remains corrective within a larger uptrend. On the weekly chart, Nifty continues to hover just above its 50-week moving average (25,047), while staying well above the 100-week (24,422) and 200-week (21,571) averages, preserving the long-term bullish structure.
ETMarkets.comHowever, the index is trading below the 20- week average (25,756) and near the lower Bollinger Band (25,065), indicating shortterm weakness. The price action over the past several weeks resembles a mild descending consolidation within a broader rising structure, suggesting a loss of upside momentum. A sustained move above 25,800 would be required to negate the present short-term weakness and open the door for a directional upmove. On the downside, a decisive violation of the 25,000–24,950 zone could trigger incremental corrective pressure toward lower supports.With Tuesday, March 03, being a trading holiday on account of Holi, the truncated week may begin on a cautious note amid prevailing softness. Immediate resistance levels are seen at 25,350 and 25,550. Key supports are placed at 25,050 and 24,700.
The weekly RSI stands at 46.27; it remains neutral but tilted lower and does not show any visible bullish or bearish divergence against price. The weekly MACD remains below its signal line but is in positive territory. The index has formed a relatively widebodied bearish candle on the weekly chart, reflecting distribution at higher levels.
From a pattern perspective, the Nifty appears to be undergoing a time-wise consolidation after a prolonged upmove. The index is testing the confluence of the lower Bollinger Band and the 50-week moving average, a zone that could offer intermediate support. Failure to hold this band could lead to a deeper retracement toward the 100- week average. The broader higher-top–higher-bottom structure remains intact on the long-term chart, but near-term price behavior suggests a pause with corrective bias but not any structural damage on the technical front at present.
In the coming truncated week, a cautious and selective approach would be prudent. Traders should avoid aggressive fresh longs until the index reclaims levels above 25,800 with strength. At the same time, any breach of 25,000 must be monitored closely for follow-through weakness. Protecting existing gains, maintaining tight stop-losses, and focusing on stock-specific opportunities with relative strength will be essential. The most effective approach for the week would be to stay measured, nimble, and responsive to key levels rather than anticipating a directional move prematurely.
In our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of allthe listed stocks.
ETMarkets.comRelative Rotation Graphs (RRG) show that the Nifty Energy Index and the Infrastructure Index have rolled inside the leading quadrant. Along with this, the Nifty Financial Services, PSE, Nifty Bank, PSU Bank, and the Nifty Metal Index are also inside the leading quadrant. This group is expected to collectively outperform the broader Nifty 500 index.
ETMarkets.comThe Nifty Services Sector Index has rolled inside the weakening quadrant. The Midcap 100, Auto, and IT Indices are also within this quadrant. These groups may see individual stock-specific moves; however, relative performance may slow.
While the Nifty Realty Index continues to languish inside the lagging quadrant, the FMCG Index is showing mild improvement in its relative momentum against the broader market while staying inside the lagging quadrant.
The Nifty Pharma Index has rolled back inside the improving quadrant. The Nifty Media Index is also inside the improving quadrant.
Important Note: RRG™ charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.
(The author Milan Vaishnav CMT, MSTA is Consulting Technical Analyst)
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Business
Iran’s supreme leader Khamenei to give speech within minutes after U.S., Israeli strikes on Iran, Al-Alam TV says

Iran’s supreme leader Khamenei to give speech within minutes after U.S., Israeli strikes on Iran, Al-Alam TV says
Business
Block Eliminates Bloat To Deliver Ambitious 2028 Target – Wait For Correction
Block Eliminates Bloat To Deliver Ambitious 2028 Target – Wait For Correction
Business
Exclusive-Ahead of strikes, Trump was told Iran attack is high risk, high reward

Exclusive-Ahead of strikes, Trump was told Iran attack is high risk, high reward
Business
(VIDEO) Trump Announces ‘Major Combat Operations’ Against Iran, Urges Regime Change in Joint US-Israel Strikes
President Donald Trump announced the launch of “major combat operations” against Iran on Saturday, February 28, 2026, in a video message posted to Truth Social, vowing to destroy Tehran’s ballistic missile and nuclear programs while calling on the Iranian people to seize the moment for regime change. The declaration came amid joint U.S.-Israeli strikes targeting Iranian leadership, military sites and nuclear facilities, escalating tensions into what officials described as a multi-day campaign.

AFP
“Our objective is to defend the American people by eliminating imminent threats from the Iranian regime, a vicious group of very hard, terrible people,” Trump said in the eight-minute video, filmed behind a podium in a navy suit and “USA” baseball cap. He accused Iran of decades of attacks on U.S. forces and allies, continuing nuclear development and plans for long-range missiles capable of reaching America. Trump warned of potential American casualties but emphasized the operation’s necessity, dubbing it “Operation Epic Fury.”
Addressing Iranians directly, Trump urged, “The hour of your freedom is at hand. When we are finished, take over your government. It will be yours to take. This will be probably your only chance for generations.” He called on Iran’s military to lay down arms and civilians to stay sheltered during the strikes, framing the action as liberation from a “radical dictatorship.”
The strikes began around dawn Tehran time, with explosions reported in the capital and other cities including Isfahan, Qom, Kermanshah and Karaj. Targets included Supreme Leader Ayatollah Ali Khamenei’s compound, President Masoud Pezeshkian’s residence, IRGC headquarters and nuclear sites. Israeli Defense Minister Israel Katz confirmed the “pre-emptive attack” was the result of months of joint planning, aimed at removing an “existential threat.”
A senior U.S. official, speaking anonymously, told reporters the operation involved over 500 aircraft, including carrier-based jets and long-range bombers, and could last several days with multiple waves. The assault followed stalled nuclear negotiations and Iran’s violent crackdown on domestic protests, which reportedly killed thousands.
Iranian state media reported blasts near an elementary school, claiming civilian deaths, though verification was limited amid power outages and communication blackouts. Military spokesman Amir Hatami condemned the “barbaric aggression” and promised a “crushing” response. The IRGC launched a “first wave” of missiles and drones targeting Tel Aviv, northern Israel and U.S. bases in Iraq, Syria, the UAE, Bahrain, Qatar, Kuwait and Saudi Arabia. One civilian was killed in Abu Dhabi from debris, and a man in his 50s was injured by shrapnel in Israel.
Airspaces across the region closed, grounding civilian flights and disrupting global travel. Airlines like IndiGo and British Airways suspended Middle East routes. Gulf states issued emergency alerts, with the UAE condemning the attacks and reserving response rights.
International reactions poured in. Russia and China denounced the strikes as “illegal aggression,” calling for a U.N. Security Council emergency meeting. European leaders urged restraint, while U.N. Secretary-General Antonio Guterres expressed deep concern. In the U.S., congressional leaders were briefed, with bipartisan support emerging but calls for caution to avoid wider war.
Oil prices surged over 15% on fears of Strait of Hormuz disruptions, with Brent and WTI climbing sharply. Global stocks fell, and defense shares rose amid uncertainty.
Humanitarian groups warned of civilian risks in densely populated areas. Amnesty International demanded protections, while the exiled Iranian crown prince urged protests.
Social media captured mixed sentiments, with some Iranians celebrating potential change and others decrying foreign intervention. Analysts like Aaron David Miller predicted a potential full-scale war if regime-change ambitions persist.
The operation’s scope remains fluid, with Trump and Netanyahu planning further updates. As IRGC mobilizes, the Middle East braces for escalation with global ramifications.
Business
Baldwin Insurance Group Stock Soars 25% on Strong Q4 Earnings Beat, $250 Million Buyback and Upbeat Outlook
Shares of The Baldwin Insurance Group, Inc. (NASDAQ: BWIN) surged more than 25% on February 27, 2026, closing at $23.23 after the insurance distribution company reported fourth-quarter 2025 results that exceeded analyst expectations on adjusted earnings and provided confident guidance for the year ahead, including a new $250 million share repurchase authorization.

The rally, one of the stock’s strongest single-day moves in recent history, came on elevated volume of over 3.1 million shares — more than double the average — as investors cheered improved profitability metrics, strategic partnerships and management’s response to industry headwinds like AI-driven disruption in insurance distribution. The stock opened at $20.17, hit an intraday high of $23.51 and traded well above its previous close of $18.49, recovering ground after earlier 2026 weakness that saw it dip near $16.
For the quarter ended December 31, 2025, Baldwin reported revenue of $347.3 million, up from the prior year but slightly below some Street estimates around $350 million. Adjusted earnings per share came in at $0.31, topping consensus forecasts of $0.29 and reflecting a 15% year-over-year increase. Adjusted EBITDA reached $69.65 million, narrowly beating expectations of $69.23 million.
Full-year 2025 results showed continued scale, with trailing twelve-month revenue approaching $1.5 billion and a net loss narrowing to $33.8 million, or $0.50 per basic share. Management highlighted operational leverage in its Insurance Advisory Solutions (IAS), Underwriting, Capacity & Technology Solutions (UCTS) and Mainstreet Insurance Solutions (MIS) segments, with strong contributions from recent acquisitions like Cobbs Allen and synergies from the CAC Group merger.
CEO Trevor Baldwin addressed recent market volatility during the earnings call, noting AI-powered insurance applications had pressured broker stocks but emphasizing Baldwin’s moat in embedded distribution and personalized advisory services. “We are accelerating AI integration to enhance our platform while maintaining human-centric expertise,” he said. The company outlined a 2026 revenue target near $2 billion, implying robust double-digit growth, and expects adjusted EBITDA margin expansion through efficiency and scale.
The board approved a $250 million share repurchase program, signaling confidence in undervaluation and cash flow generation. Baldwin also announced a strategic partnership with Fairway Independent Mortgage Corporation to launch Fairway Home Insurance Agency, expanding embedded insurance opportunities in the mortgage channel.
Analysts reacted positively. Raymond James upgraded the stock to Strong Buy from Outperform, raising its price target to $30 from $20. TD Cowen initiated coverage with a Buy rating, while Barclays and others maintained overweight or buy views. Consensus targets cluster around $31, suggesting 30-35% upside from recent levels despite mixed opinions, including Wells Fargo’s more cautious equal-weight stance with a $21 target.
The stock has traded in a 52-week range of $15.88 to $47.15, reflecting volatility from acquisition integration, margin pressures and sector concerns over AI disruption. Year-to-date in 2026, shares had been down before the post-earnings surge, but the rally lifted market capitalization above $2.7 billion.
Baldwin Insurance Group operates as an independent distribution platform serving businesses, individuals and institutions with property & casualty, employee benefits and personal risk solutions. Its digitally enabled model and focus on middle-market clients position it to capture share in a fragmented industry.
Challenges include ongoing net losses on a GAAP basis, debt levels from M&A and competition from traditional brokers and insurtech players. Management stressed disciplined capital allocation and AI as tools to drive organic growth and efficiency.
With the earnings momentum and buyback support, Baldwin appears poised for further recovery if execution continues. Investors will watch Q1 results and progress on partnerships for confirmation of the turnaround trajectory.
Business
Shanna Moakler Claims ‘Inappropriate Relationship’ With Kim Kardashian Led to Divorce From Travis Barker
Shanna Moakler has reignited long-standing tensions with the Kardashian family, asserting in a recent podcast appearance that an alleged “inappropriate relationship” between her ex-husband Travis Barker and Kim Kardashian contributed to the end of their marriage more than 15 years ago.

In an episode of the “When Reality Hits” podcast released February 27, 2026, Moakler revisited claims she first made publicly in 2021 and 2024, stating she received anonymous text messages during her marriage alleging Barker and Kardashian were involved inappropriately. “I had gotten texts from an anonymous number that Travis and Kim were having an inappropriate relationship,” Moakler said. She added that she divorced Barker “for that reason,” suggesting the incident complicated later family dynamics after Barker’s 2022 marriage to Kourtney Kardashian.
Moakler and Barker wed in October 2004 and share two children: son Landon, 22, and daughter Alabama, 19. They separated in 2006, reconciled briefly and finalized their divorce in 2008 after a tumultuous period documented on the reality series *Meet the Barkers*. Barker has been married to Kourtney Kardashian since May 2022, and the blended family includes Kourtney’s three children from her previous marriage to Scott Disick.
The latest comments came amid broader discussion on the podcast about co-parenting challenges and her feelings toward the Kardashian clan. Moakler emphasized she does not “talk to” or “like” the family, attributing the sentiment to the alleged past incident with Kim Kardashian, now 45. “If certain things didn’t happen decades ago… I’d probably really like them,” she said, acknowledging that the history has made transitions “complicated” in the blended family setup.
Moakler has made similar allegations before. In a 2021 interview, she claimed to have discovered explicit text messages between Barker and Kim Kardashian while he was hospitalized following a 2008 plane crash, alleging plans to meet for an encounter. She reiterated in January 2024 that the messages indicated intent “to f—k” at a sister’s house, saying she felt “stupid” for believing Barker when he denied it and deleted the texts. Neither Barker nor Kim Kardashian has publicly responded to or confirmed the claims over the years.
The renewed discussion ties into Moakler’s ongoing commentary about Kourtney Kardashian’s role as stepmother to Landon and Alabama. In the same podcast, Moakler questioned boundaries in the blended family without providing specific examples, saying she felt certain actions were “not respectful” and that she “wouldn’t be doing some of the shit you’re doing with my kids” if roles were reversed.
Public reactions on social media have been mixed. Some supporters praised Moakler for speaking candidly about co-parenting struggles, while critics accused her of stirring drama and failing to move on after nearly two decades. Comments on platforms like Instagram and X included calls for her to “let it go” and observations that the allegations remain unproven.
The Kardashian-Barker family has not issued statements addressing the latest remarks. Kourtney and Travis have largely kept family matters private since their marriage, though occasional social media posts show blended family moments. Kim Kardashian has focused on her business ventures and legal advocacy, rarely engaging in public feuds.
Moakler, a former Miss USA and actress, has maintained visibility through podcasts, social media and occasional media appearances. She has spoken openly about her post-divorce life, including challenges with Barker and the impact on their children. In past interviews, she has described feeling alienated after Barker’s relationship with Kourtney began in late 2020, alleging efforts to limit her involvement.
The situation highlights persistent friction in high-profile blended families within celebrity circles. Co-parenting dynamics often play out publicly, with allegations and counter-narratives fueling tabloid coverage. No legal action or formal disputes have arisen from Moakler’s recent statements.
As of February 28, 2026, neither Barker nor the Kardashians have commented on the podcast episode. Moakler’s remarks appear to stem from personal reflection rather than new developments, but they continue a pattern of occasional public commentary on the past relationship.
The enduring interest in the story reflects ongoing fascination with celebrity relationships, family mergers and unresolved tensions that span decades.
Business
Strategists see only temporary market impact from Iran strikes

Strategists see only temporary market impact from Iran strikes
Business
Polestar Automotive Holding Stock Surges 20% on Record 2025 Sales Growth, Major Model Offensive Announcement
Shares of Polestar Automotive Holding UK PLC (NASDAQ: PSNY) soared more than 20% on February 27, 2026, closing at $23.28 after the electric vehicle maker reported record retail sales for 2025 and unveiled its most ambitious product expansion yet, planning four new models by 2028 amid efforts to drive profitable growth and strengthen its position in the premium EV segment.

The rally, one of the stock’s strongest single-day gains in recent months, came on elevated volume of over 686,000 shares — well above average — following the February 18 announcement of full-year 2025 retail sales totaling approximately 60,119 vehicles, a 34% increase from 2024. Fourth-quarter deliveries reached an estimated 15,608 units, up 27% year over year, marking Polestar’s best performance to date despite a challenging EV market environment.
CEO Michael Lohscheller described 2025 as a year of “continuous operational progress and delivery,” highlighting the company’s ability to grow volume while expanding its retail network from 140 to 210 points globally. Europe led the surge with more than 50% sales growth, underscoring Polestar’s strength in key premium markets.
In conjunction with the sales update, Polestar detailed its “largest model offensive in its history,” committing to four new vehicles over the next three years:
– Polestar 5, the four-door Grand Tourer revealed in 2025, with deliveries starting summer 2026.
– A new variant of the current best-seller Polestar 4, offering enhanced versatility and targeting a broader customer base, with deliveries beginning in Q4 2026.
– A completely new successor to the iconic Polestar 2 sedan, planned for early 2027 launch.
– Polestar 7, a compact premium SUV entering the high-demand segment, slated for 2028.
The company also outlined expectations for 2026: low double-digit retail volume growth with a disciplined approach, continued retail network expansion of around 30%, and a greater focus on the retail channel to drive quality sales. Financial guidance will accompany full-year 2025 results, expected in late February or early March 2026.
The announcements reframed investor sentiment after earlier 2026 weakness, when shares traded near $12-$16 amid concerns over cash burn, EV demand slowdowns and competition from Tesla and legacy automakers. Polestar has leaned on Volvo parent Geely for support, including recent financing facilities, while prioritizing refreshed models over all-new developments to conserve cash and boost European sales.
Analysts responded with mixed but generally constructive views. Some praised the product roadmap for targeting high-value segments and profit pools, while others noted execution risks in a volatile market. Cantor Fitzgerald downgraded the stock to Underweight in February, citing a “disappointing” outlook, but others maintained neutral or buy ratings, with consensus targets around $20-$25 implying potential upside from current levels.
Polestar’s market capitalization hovered around $2.1 billion to $2.7 billion post-rally, with a 52-week range spanning approximately $11.75 to $42.60. The stock has shown volatility tied to broader EV sector dynamics, including supply chain issues, subsidy changes and shifting consumer demand.
The company continues to emphasize its premium positioning, advanced technology from Geely and Volvo partnerships, and sustainability focus. Polestar also announced a change in independent auditors, transitioning to PricewaterhouseCoopers effective after approval at the 2026 annual general meeting.
As Polestar prepares for its biggest expansion phase, the 2025 sales milestone and forward-looking strategy have injected fresh momentum into the stock. Investors will monitor upcoming full-year results, delivery updates and progress on the new models for signs of sustained profitability and market share gains in a competitive EV landscape.
Business
Q4 results may spark selective market rebound: Daljeet Kohli
Talking to ETNow, Kohli noted that market dispersion has increased significantly, with companies being rewarded or punished purely on quarterly performance. Stocks that disappointed in Q3 were “beaten like anything,” while those delivering strong numbers saw meaningful traction.
“Wherever numbers are good, we have seen some traction there. We are believing that probably the way quarter three numbers have gone for the broader market, quarter four will also be better numbers and therefore market will start recognising these good numbers and start giving benefit to them,” he said.
Highlighting his portfolio’s performance, Kohli revealed that across 30 holdings, revenue growth stood at nearly 20%, EBITDA growth at 29%, and PAT growth at 40%. This strong earnings delivery led to a four to five percentage point outperformance versus the broader market, especially after a sharp drawdown in December and January followed by a strong recovery in early February.
On microfinance-linked stocks, Kohli acknowledged that the sector has faced persistent challenges over the past two years. While regulatory guardrails had begun stabilizing and regional issues in states like Karnataka and Tamil Nadu were subsiding, fresh concerns emerging from Bihar have renewed pressure. He explained that microfinance institutions (MFIs), which cater to vulnerable borrower segments, remain exposed to regulatory and political interventions.
Although regulations technically exclude registered NBFCs and banks, ground-level realities make distinctions difficult during collections, impacting sentiment and growth expectations. Kohli prefers companies transitioning away from pure MFI exposure toward more diversified lending models, such as small finance banking structures. However, he cautioned that north-based lenders with higher regional exposure may face continued near-term pain.
On the IT sector, Kohli remains cautious despite significant valuation corrections. He believes much of the derating has already occurred, but uncertainty around AI-led disruption and global demand, particularly in the US, makes it premature to deploy fresh capital. While management commentary has turned optimistic, he stressed that execution remains the key variable.
“We believe that there are other relatively much better sectors as of now available, so one should look at those sectors rather than going into this,” he said.
The critical question, he said, is whether IT firms can adapt AI to improve efficiency without eroding billing revenues. If AI reduces manpower requirements for clients, companies must demonstrate cost savings translating into stable or improved margins. Kohli prefers to wait for tangible evidence in quarterly numbers before reconsidering exposure.
In the auto space, Kohli expressed a clear preference for commercial vehicles (CVs), citing strong recent data and positive momentum for OEMs like Tata Motors and Ashok Leyland. However, instead of investing directly in large OEMs, he prefers midcap ancillaries — including forging companies, axle manufacturers, spring makers, and CV-focused tyre players.
In two-wheelers, he sees TVS Motor as a standout performer across segments, including EVs, and favors ancillary companies benefiting from its growth.
Business
(VIDEO) Dove Cameron Thriller Series ’56 Days’ Tops Prime Video Charts, Hits No. 1 in U.S
Former Disney Channel star Dove Cameron has scored a major streaming hit with her new Prime Video thriller series *56 Days*, which claimed the No. 1 spot on the platform’s U.S. rankings shortly after its February 18, 2026, premiere, dethroning established shows like James Patterson’s *Cross* and drawing widespread attention for its twisty erotic mystery plot.

The eight-episode limited series, adapted from Catherine Ryan Howard’s bestselling novel of the same name, quickly surged to the top of Prime Video’s most-watched list in the United States within days of release, according to Amazon’s internal charts and third-party trackers like FlixPatrol and Reelgood. It displaced Amazon’s own *Fallout* adaptation and other heavy-hitters, fueled by strong word-of-mouth, Cameron’s fanbase and the appeal of its high-concept premise: a whirlwind romance that ends in a gruesome crime, reconstructed over exactly 56 days.
In *56 Days*, Cameron stars as Ciara Wyse, a working-class newcomer to Boston who meets charming, affluent Oliver Kennedy (Avan Jogia) in a supermarket. Their intense, fast-moving relationship unfolds in steamy, secretive scenes until detectives Lee Reardon (Karla Souza) and Karl Connolly (Dorian Missick) discover a decomposed body in Oliver’s luxury apartment bathtub. The narrative jumps between the lovers’ passionate early days and the police investigation, unraveling lies, secrets and dark motives on both sides.
The show premiered February 18, 2026, with all episodes dropping at once, encouraging binge-viewing. Early viewership data shows it climbing Prime Video’s U.S. charts rapidly, reaching No. 1 by late February and maintaining momentum into the weekend. Globally, it ranked in the top 10 in multiple markets, including the UK, Canada and Australia. The series earned an 86% audience Popcornmeter score on Rotten Tomatoes, reflecting solid viewer approval despite mixed critical reception that noted predictable twists but praised the leads’ chemistry and tension.
Cameron, 29, known for roles in *Descendants*, *Liv and Maddie* and recent projects like *Schmigadoon!*, delivers a layered performance as Ciara, blending vulnerability with menace. Jogia, seen in *Victorious* and *Zombieland: Double Tap*, brings charisma and unease to Oliver. The cast also features strong supporting turns from Souza and Missick as the detectives piecing together the timeline.
Directed by Alethea Jones and executive produced by James Wan, *56 Days* leans into psychological thriller elements with erotic undertones, echoing shows like *You* and *Tell Me Lies*. The limited run keeps pacing tight, with flashbacks revealing red flags in the couple’s relationship while the present-day probe builds suspense toward the crime’s resolution.
The series’ success highlights Prime Video’s push into original thrillers amid stiff competition from Netflix and Hulu. Amazon has ramped up acquisitions of book adaptations, with *56 Days* benefiting from the novel’s pre-existing fanbase and timely release in a crowded winter slate. Promotional efforts included a teaser trailer emphasizing “every good love story needs a murder,” Cameron’s social media posts and cast interviews highlighting the story’s addictive quality.
Viewers and critics have noted the show’s bingeable format and strong performances, though some reviews pointed to familiar tropes in the genre. RogerEbert.com called it “short on heat” despite solid acting, while Variety praised Cameron’s “enchanting” turn in a “surprising erotic thriller.” Collider described it as “the perfect weekend binge for mystery fans,” citing its red-flag-filled romance and satisfying reveals.
The No. 1 ranking underscores Cameron’s growing draw as a leading lady beyond teen roles, with her music career and social media presence (millions of followers) boosting visibility. The series also features a soundtrack contribution from Cameron, who has hinted at new music releases tied to her acting projects.
As *56 Days* continues dominating charts, Prime Video may see sustained momentum into March. No renewal has been announced for a second season, given its limited-series format, but strong performance could spur interest in similar adaptations.
For fans of twisty thrillers and star-driven dramas, *56 Days* has emerged as February’s breakout streaming success, proving Cameron’s versatility and Prime Video’s strength in genre programming.
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