Bitcoin experienced a significant drop in price, falling to around $57,000 per unit after the U.S. Federal Reserve announced that it was not planning to cut interest rates. This news came after the release of minutes from the Fed’s June meeting that indicated a reluctance to lower rates until there is clear evidence of inflation
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Threads, the microblogging platform launched last year as an alternative to X, has recently reached a significant milestone of 175 million monthly active users. Owned by Meta, the platform has seen a rapid growth in its user base since its launch on July 6. The success of Threads can be attributed to its user-friendly interface
The recent increase in Australia’s Location Offset scheme to 30% has been met with great enthusiasm and celebration within the country’s screen industry. The announcement of this legislation back in May has now officially come into effect as of July 1. This change raises the rebate for TV and film productions shooting in Australia from
Competitors at the Paris Olympics are embracing the latest cutting-edge swimsuits in hopes of gaining a competitive edge in the pool. Speedo has introduced a new version of its Fastskin LZR Racer suit, designed to be the most water-repellent yet. Athletes like Emma McKeon, Caeleb Dressel, and Adam Peaty are relying on these suits to
LeBron James’ decision to return to the Los Angeles Lakers on a two-year, $104 million contract has sent shockwaves through the NBA. This deal not only secures James for his 22nd NBA season but also includes a player option for 2025-26 and a no-trade clause, giving him significant control over his future. The contract structure
Recent headlines have shed light on some disturbing incidents within the healthcare industry that have left many questioning the integrity of medical professionals. From accusations of patient harm to fraudulent practices, these cases have sparked outrage and concern among the public. One such case involves the death of a young nurse from Ohio, Carrissa Stevenson,
Ford recently announced a 1% increase in sales during the second quarter compared to the same period last year. This growth was primarily driven by a 5% increase in truck sales, which totaled 308,920 vehicles. The F-Series, with a total of 199,463 vehicles sold, contributed significantly to this impressive performance. Sales of Ford electric vehicles
During the June meeting, Federal Reserve officials discussed the direction of inflation and the need for additional data to feel more confident in the progress. While the economy has shown signs of improvement, meeting participants emphasized the importance of sustainable movement toward the 2 percent inflation target before considering any adjustments to interest rates. The
The search for missing teenager Jay Slater in Tenerife has been ongoing, with his family deciding to remain in the area to continue the hunt. Despite the police calling off the land search after 12 days, the family is determined to find answers. This decision shows their resilience and dedication to finding their loved one,
OnePlus is rumored to be in the process of developing a ground-breaking artificial intelligence (AI) feature that will enable users to effortlessly create text summaries from voice recordings. This innovative feature, which has been uncovered in the latest version of Oxygen OS, the company’s personalized Android interface, is said to have the capacity to support