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Controlled Disorder Makes Tiny Optical Devices More Powerful

Key Points: Monash University researchers proved that adding controlled disorder to tiny optical devices actually improves their overall performance. The team created a device that integrates 11 different optical functions into one single, ultra-thin surface. Traditional optical design relies on...

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Federal Reserve Probes Major US Banks Over Private Credit Market Risks

Key Points: The Federal Reserve asked major United States banks to report their exact financial exposure to the private credit market. Investors recently rushed to withdraw their cash from private funds amid a sudden wave of corporate bankruptcies. The United States Treasury Department will meet with insurance regulators to discuss the massive $2 trillion non-bank lending sector. Federal Reserve Chair Jerome Powell stated that the...

Bitcoin Surges Near $73,000 as US and Iran Plan Peace Talks

Key Points: Bitcoin prices climbed 1.7% to $73,061.2, putting the cryptocurrency on track for a massive 9% weekly gain. The United States and Iran plan to hold peace talks in Pakistan despite ongoing disagreements over the Strait of Hormuz. Consumer prices jumped 0.9% in March because gasoline costs surged 21.2% during the Middle East conflict. Core inflation rose just 0.2%, giving the Federal Reserve a...

IBM Pays $17 Million to Settle Federal Discrimination Charges Over DEI Practices

Key Points: International Business Machines Corporation will pay over $17 million to settle claims that its diversity programs violated federal laws. Acting Attorney General Todd Blanche announced this historic victory under the new Civil Rights Fraud Initiative launched in May 2025. The government accused IBM of tying employee bonuses to demographic targets and limiting leadership training based on race or sex. IBM received credit for...