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Ethiopia pilgrims return to Aksum for festival in Ark of Covenant city
Ethiopia pilgrims return to Aksum for festival in Ark of Covenant city
Aksum's authorities say half a million people are there for the first time since the Tigray war ended.
2023-12-02 01:11
Bitcoin price dramatically crashes amid market worries
Bitcoin price dramatically crashes amid market worries
Bitcoin’s price has crashed dramatically, amid what seems to be a broader worry in the financial markets. The world’s biggest cryptocurrency has fallen more than 7 per cent over the last 24 hours, and almost 12 per cent in the last week. Other large digital currencies saw similar falls, though not as stark. Ethereum, the second biggest cryptocurrency by market cap, has lost around 10 per cent of its value in the last week. The troubles mean that the crypto market as a whole is down 5.7 per cent over the last 24 hours, according to tracking website Coinmarketcap. Trading volumes increased sharply, too, and were up almost 80 per cent over the last 24 hours. Thursday’s drop in the price of the cryptocurrency was the biggest one day fall since November 2022. That happened when large exchange FTX collapsed, sending shockwaves through the crypto markets and leading to widespread fears. This time around, there was no obvious connection to events in the cryptocurrency market. Instead, investors seemed concern about the economy more generally, and more traditional assets were also hit by falls in recent days. Wall Street’s main indexes fell on Friday, extending declines to the fourth session on a drag from megacap growth stocks, as evidence of a resilient U.S. economy fanned fears of interest rates staying higher for longer. The three main US stock indexes are on track for sharp weekly losses as a spate of strong economic data, including a fall in weekly jobless claims, caused investors to dial back expectations of rate cuts and drove up government bond yields. The yield on the 10-year Treasury note hit a ten-month high of 4.328 per cent in the previous session and came within a whisker of its highest level since 2007. “The drivers really have been of late the rising Treasury yields and that is signaling a more risk-off investor sentiment,” said Art Hogan, chief market strategist at B Riley Wealth. “Investors are looking at (better-than-expected economic data) and saying the Fed likely isn’t restrictive enough yet.” Traders see a nearly 91% chance of the Fed holding rates at current levels at its September meeting, according to the CME Group’s FedWatch tool. On Friday, rate-sensitive big technology and growth stocks such as Apple, Microsoft, Tesla and Nvidia slipped between 0.7% and 2.8% even as Treasury yields took a breather. The communication services and technology sectors housing major growth stocks fell 1.6% and 1.0% respectively. The tech-heavy Nasdaq hit an over two-month low and is set to post the biggest weekly declines of the three major indices, down 3 per cent so far. The CBOE volatility index hit its highest in nearly three months, reflecting rising investor anxiety. Additional reporting by Reuters
2023-08-18 23:57
'A lot of evidence' recovered as search of Gilgo Beach suspect's home ends, DA says
'A lot of evidence' recovered as search of Gilgo Beach suspect's home ends, DA says
The search of Rex Heuermann's Long Island home has ended after investigators turned up "quite a lot of evidence" in the Gilgo Beach serial killings, Suffolk County District Attorney Ray Tierney said Tuesday.
2023-07-26 01:04
St. Louis Area Foodbank Receives $525,000 from Anthem Blue Cross and Blue Shield to Address Senior Health and Food Insecurity
St. Louis Area Foodbank Receives $525,000 from Anthem Blue Cross and Blue Shield to Address Senior Health and Food Insecurity
ST. LOUIS--(BUSINESS WIRE)--Sep 15, 2023--
2023-09-16 07:05
Canada's economy flatlined in August, minor contraction seen in third quarter
Canada's economy flatlined in August, minor contraction seen in third quarter
OTTAWA The Canadian economy flatlined in August, underperforming expectations, and it likely contracted slightly in the third quarter,
2023-10-31 20:34
Five Years, Nearly Half a Billion Dollars Saved by Associates: Walmart Celebrates Milestones in Associate Education
Five Years, Nearly Half a Billion Dollars Saved by Associates: Walmart Celebrates Milestones in Associate Education
BENTONVILLE, Ark--(BUSINESS WIRE)--May 25, 2023--
2023-05-25 22:16
FIFA 23 Ultimate Team Chemistry Explained
FIFA 23 Ultimate Team Chemistry Explained
FIFA 23 Ultimate Team is receiving a major overhaul to squad chemistry. Here's everything you need to know for how players link, how Icons and FUT Heroes operate, new position modifiers and more.
1970-01-01 08:00
Grab a Lifetime License for Windows 10 Professional for Under $30
Grab a Lifetime License for Windows 10 Professional for Under $30
Windows 11 might be the latest version of Microsoft's operating system, but that doesn't mean
2023-06-14 19:00
Congo's presidential candidates kick off campaigning a month before election
Congo's presidential candidates kick off campaigning a month before election
Congolese President Felix Tshisekedi and a politician hoping to unseat him next month have launched their campaigns as the incumbent leader contends with ongoing violence in eastern Congo
2023-11-20 02:20
Dead by Daylight Disables the Clown Due to Unattended Movement Speed Increase
Dead by Daylight Disables the Clown Due to Unattended Movement Speed Increase
Dead by Daylight players are happy for the kill switch on The Clown. Dead by Daylight announced on July 25 2022 that they would be kill-switching The Clown temporarily due to the issues that were reported by players.
1970-01-01 08:00
Why did IShowSpeed leak KSI’s number for second time ahead of boxing match?
Why did IShowSpeed leak KSI’s number for second time ahead of boxing match?
IShowspeed feels sorry for leaking KSI 's number! Is this the first time? Read on to learn more!
1970-01-01 08:00
Storms ravage northern Italy as Sicily burns
Storms ravage northern Italy as Sicily burns
Torrential rain and hailstorms have caused damage in the north while Sicily battles extensive wildfires.
2023-07-25 21:47