Fund Manager Pleads Not Guilty to Defrauding Harvard Classmates

A Harvard professor has challenged the long-held belief that adults need eight hours of sleep each night, labeling it as an outdated notion from the Industrial Era. This perspective aligns with recent scientific findings that suggest sleep needs vary among individuals and emphasize a 'U-shaped risk curve' for sleep duration. Understanding the nuances of sleep can help people optimize their health and well-being, making this discussion particularly relevant in today's fast-paced world.

As Gen Z navigates a challenging job market, particularly in white-collar sectors, there's a notable surge in applications to law and business schools, with law school applications rising by 33% compared to last year. This trend highlights a proactive approach among young people to enhance their qualifications and adapt to the evolving job landscape influenced by AI. It reflects their determination to secure stable futures in a rapidly changing economy.

The Trump administration's hesitance to lower fentanyl-based tariffs on China highlights a significant tension in U.S.-China trade relations. This reluctance not only affects economic ties but also has broader implications for public health and international cooperation on drug-related issues. Understanding these dynamics is crucial as they shape future policies and negotiations.

Chinese President Xi Jinping is set to meet with leaders from Canada and Japan following a recent trade truce with the United States. This meeting is significant as it highlights China's efforts to strengthen its trade relationships in the face of ongoing global economic challenges. By engaging with these nations, Xi aims to foster cooperation and stability in international trade, which could lead to beneficial agreements for all parties involved.

Anduril has opened a new factory in Australia dedicated to the production of its innovative undersea drones, known as 'Ghost Shark.' This development is significant as it not only boosts local manufacturing but also enhances Australia's defense capabilities in underwater surveillance and operations. The move reflects a growing trend of investing in advanced technology to address national security challenges.

SK Innovation's Q3 2025 earnings call revealed a significant rise in profits, attributed to strategic shifts within the company. This positive trend highlights the effectiveness of their recent initiatives and positions them well for future growth. Investors and stakeholders will be keen to see how these changes continue to impact the company's performance moving forward.

Vale has reported a significant increase in its Q3 profits, driven by higher production levels of iron ore and copper. This is a positive sign for the mining giant, as it not only reflects operational efficiency but also positions the company favorably in a competitive market. Additionally, Vale has adjusted its cost guidance, indicating a proactive approach to managing expenses while capitalizing on rising commodity prices.

Japan's finance minister has issued a warning about the recent volatility in foreign exchange markets following a significant plunge in the yen's value. This situation is concerning as it can impact Japan's economy, affecting imports, exports, and overall financial stability. The minister's remarks highlight the government's commitment to monitoring the situation closely and taking necessary measures to stabilize the currency, which is crucial for maintaining economic confidence.