The most massive black hole has been found that is 10,000 times heavier than the supermassive black hole in the center of the Milky Way.
Scientists have discovered the most massive black hole to date in the universe, equivalent to 36 billion suns.
It is located in a galaxy known as the Cosmic Horseshoe, five billion light-years from Earth.
It is at least 10,000 times heavier than the supermassive black hole in the center of the Milky Way.
Astronomers say this approaches the upper theoretical limit of what is physically possible in the Universe.
Scientists believe that every galaxy in the universe contains a supermassive black hole at its core.
However, the largest galaxies of all may contain even more colossal singularities known as ultramassive black holes.
While even bigger voids may hide among the stars, this is the largest black hole that researchers have measured with a high degree of confidence.
OpenAI has released GPT-5 — available to all 700 million ChatGPT users.
GPT-5 became available on August 7. Its capabilities: software development, financial analytics, etc. It is believed that the model opens a new stage of commercial application of AI. It currently has the potential to become the foundation for business solutions and developments, scaling up to billions of queries from 700 million users.
The stock market has halted its rally. Investors are nervous about news from the Fed and tariffs.
Wall Street halted its growth amid weak sales of Treasury bonds. Investors are concerned about a potential Fed split and the implications of the new U.S. tariffs. Certain stock sectors have resumed growth, but the dynamics remain indecisive.
Oil falls by 5% due to tariffs and fears of oversupply.
Oil prices fell about 5% over the week after tariffs and signs of future oversupply from OPEC+. This creates additional pressure on the energy market ahead of the new embargo.
The EU will introduce a new dynamic price ceiling on Russian oil starting September 3, - European Commission.
According to European Commission Deputy Chief Spokesperson Arianna Podesta, the new upper price limit will automatically adapt to market conditions.
She also reminded that most provisions of the 18th package of sanctions against the Russian Federation have been in effect since mid-July, and the ban on transactions with 22 new Russian banks will take effect on August 8, 2025.
Gold prices have risen. Traders are reacting to tariff shocks and geopolitical issues.
Gold futures in New York rose above the London market base. The reason is trade news and fears of recession. The stock index stabilizes, but demand for safe assets is increasing.
Donald Trump will nominate Stephen Miran to the Board of Directors of the Federal Reserve System.
Donald Trump announced he would nominate Stephen Miran temporarily to the Board of Governors of the Federal Reserve System, resulting in a critic of Chair Jay Powell being included in the central bank's policy-setting committee.
Miran, the chair of the White House Council of Economic Advisers and a key Trump ally, is one of the architects of the president's tariff policy. Miran argued that the massive U.S. tariffs would not be inflationary, a view that contradicts Powell's and several other Fed officials' opinions.
Miran will take the place vacated by Adriana Kugler, who announced last week plans to leave the central bank a few months before her term ends in January. His nomination must be confirmed by the Senate.
Trump ordered a new census that does not count illegal immigrants.
U.S. President Donald Trump stated on the morning of August 7 via Truth Social that he has ordered the Department of Commerce to prepare a new census that will not include illegal immigrants. This move resembles an attempt from his first term that was rejected by courts. Quoting: 'Those who are here illegally should not be counted in the country.' The census is crucial for the distribution of seats in Congress and federal funding. Experts warn that failing to account for everyone could lead to a deficit in social infrastructure and misallocate resources.
Trump will preside over peace talks between Armenia and Azerbaijan.
President Donald Trump is ready to welcome the leaders of Armenia and Azerbaijan to the White House on Friday and lead the signing of a peace agreement aimed at normalizing relations between the neighboring countries of the South Caucasus after a bloody forty-year armed conflict.
The fact that the historic meeting will take place in the White House rather than the Kremlin is a significant rebuke to Russian President Vladimir Putin, who has witnessed a sharp decline in Russia's influence in the post-Soviet space since the onset of full-scale war against Ukraine in 2022.
This is the latest in a series of global peacekeeping efforts that Trump has undertaken in recent months, seeking to bolster his reputation as a dealmaker, working the phones and personally pressing leaders to resolve conflicts while openly discussing his desire to receive the Nobel Peace Prize.
The meeting between Trump and Putin is agreed 'in principle.'
President Donald Trump and President of Russia Vladimir Putin are expected to hold their first meeting since Trump took office for a second term.
Two Fox News sources familiar with the negotiations between Washington and Moscow said the meeting could take place as early as Monday, August 11.
Donald Trump stated that he is open to meeting with Vladimir Putin without Vladimir Zelensky, breaking a previous promise to participate only in trilateral peace talks.
White House officials, referenced by several media outlets on Thursday, stated that the Russian leader must agree to meet with his Ukrainian counterpart for negotiations with Mr. Trump to take place.
But when asked on Thursday evening whether Putin needs to speak with Mr. Zelensky before meeting with Mr. Trump, the U.S. president replied: 'No, he doesn't need to. No, no, they would like to meet with me, and I will do everything I can to stop the killings.'
Earlier on Thursday, a source in the White House stated: 'Putin must meet with Zelensky for the meeting to take place.'
At night, the Russians attacked Ukraine with 108 drones, of which 8 were jets.
Air defense forces neutralized 82 UAVs, including 3 jets.
26 UAV hits were recorded at 10 locations, as well as debris falling at 8 locations.
The Bucha district of Kyiv region was attacked — fires broke out, and women aged 56 and 80 and a 16-year-old teenager were injured.
Trump's new tariffs escalate trade tensions — reactions from foreign partners.
Trump imposed tariffs ranging from 10% to 50% on imports from dozens of countries — including Switzerland, Brazil, and India. They are trying to negotiate easing the terms, but the Indian Prime Minister and the President of Brazil stated they will not back down. This is the highest level of tariffs in a century. Inflationary pressure is expected to rise, disrupting global supply chains and increasing the burden on consumers.
British blockchain firm BOB raises $21 million to support BTC-ETH DeFi.
BOB, a London blockchain project creating a hybrid Bitcoin and Ethereum DeFi chain, raised $21 million in funding since December 2024.
The latest funding round brought in $9.5 million from new investors such as Anchorage, Amber Group, and Sats Ventures, as well as from existing sponsors Castle Island Ventures, Ledger, and RockawayX.
Castle Island Ventures previously led an initial round of BOB for $10 million.
Recently, the company launched its test network, enabling native Bitcoin DeFi transactions with institutions such as Lombard, Amber Digital, and RockawayX.
BOB uses a hybrid ZK package to reduce costs and integrates with Fireblocks' secure wallet infrastructure.
We are witnessing the slow extinction of the human race.
In a large number of countries, deaths outnumber births each year. Worldwide, annual population growth has decreased from more than 2 percent 60 years ago to less than 1 percent and continues to decline.
The population is aging and declining, which has catastrophic consequences for economic dynamism and the viability of welfare states. Facts have undoubtedly changed, but unlike Keynes, opinions — not to mention actions — lag significantly behind. Humanity is only slowly awakening to the possibility of a future in which history does not end in the liberal utopia envisioned by political theorist Francis Fukuyama, nor in a nuclear apocalypse feared during the Cold War, but in the groans of the last person turning off the lights.
Unlike raising interest rates to curb inflation, this is a complex issue. The mechanisms needed to encourage people to have children are not obvious, and solutions to this problem will not be applied in the labor market for much of the next 20 years. But the fact that it is difficult should not be a counsel to despair or inaction.
