Recently, Bitcoin’s price witnessed a significant drop to around $57,000 apiece following the release of minutes from the U.S. Federal Reserve’s June meeting. The central bank’s indication that it is not yet ready to cut interest rates led to a bearish sentiment in the cryptocurrency market. This resulted in Bitcoin falling below the $57,000 mark
The Australian screen industry has recently been buzzing with excitement over the increase of the country’s Location Offset scheme to 30%. This newly implemented legislation, which was officially put into effect on July 1st, has raised the rebate for TV and film productions shooting in Australia from the previous 16.5% to 30%. The industry is
Threads, an alternative to traditional social media platforms like X, has achieved a significant milestone by crossing the 175 million user mark within a year of its launch. Owned by Meta, the microblogging service has been gaining popularity since its inception on July 6 last year. Meta CEO Mark Zuckerberg recently disclosed that Threads has
As swimmers gear up to compete for gold at the Paris Olympics, the spotlight is on the latest cutting-edge swimsuits that are being touted as a secret weapon in the pool. Athletes are counting on the promise of innovation to make a difference in a sport where victory can come down to the smallest fraction
LeBron James has made the decision to return to the Los Angeles Lakers on a two-year, $104 million contract that includes a player option for the 2025-26 season and a no-trade clause. This move solidifies his commitment to the Lakers for his 22nd NBA season and gives him the flexibility to reassess his future in
The tragic death of 28-year-old nurse Carrissa Stevenson from Ohio has left many questions unanswered. Her fiance dropped her off at the Jewish Hospital where she was pronounced dead upon arrival. According to reports, she had been intoxicated the night before and had fallen down the stairs multiple times in their home. In a shocking
The family of Jay Slater, a missing teenager from the UK, has made the decision to stay in Tenerife to persist in the search for their loved one. Despite the official police land hunt being called off on 30 June after a twelve-day search, the family has decided to continue their efforts to locate the
During the June meeting, Federal Reserve officials discussed the current state of inflation and its impact on the decision to lower interest rates. The meeting minutes revealed that while there was progress in the right direction, there was still a lack of confidence among participants that inflation was moving sustainably toward the 2 percent target.
Ford Motor Company reported 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 reached a total of 308,920 vehicles. The company noted that this was their best second-quarter performance for trucks since 2019, showing a
Long before the Renaissance and even before the invention of the written word, humans in what is now Sulawesi, Indonesia, were already expressing their creativity through art. Dating back a staggering 51,200 years ago, these ancient depictions are considered to be the oldest known figurative examples of art in the world. The narrative scenes found