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ECB Escriva: EUR recent appreciation was a surprise

ECB Escriva: EUR recent appreciation was a surprise

ECB Excriva says: Euro’s recent appreciation was a surprise. More difficult to predict how tariffs impact inflation A stronger currency tends to lower inflation. This happens because imported goods and services become cheaper in local currency terms, which reduces input costs for businesses and lowers prices for consumers. At the same time, the cost of […]

Jeff Bezos and Lauren Sanchez go out and about in Cannes

Jeff Bezos and Lauren Sanchez go out and about in Cannes

Blue Origin founder Jeff Bezos gave the company’s first all-female crew a pep talk ahead of liftoff. Amazon founder Jeff Bezos and fiancée Lauren Sanchez took in the French Riviera over the weekend.  Photos show the engaged couple on Sunday evening walking through Cannes, a town on the French Riviera popular for vacationing and known […]

Gamma-ray burst unleashed by lightning collision

Gamma-ray burst unleashed by lightning collision

An upward positive leader that produced a downward terrestrial gamma-ray flash, extending from a television broadcast tower. Credit: Yuuki Wada Lightning is a phenomenon that has fascinated humanity since time immemorial, providing a stark example of the power and unpredictability of the natural world. Although the study of lightning can be challenging, scientists have, in […]

US stocks tumble. Yields start to weigh on the equities

ECB Escriva: EUR recent appreciation was a surprise

U.S. equities have reversed sharply into negative territory amid a surge in Treasury yields, following a disappointing 20-year bond auction. The Dow Jones Industrial Average is down 684 points (-1.61%). The S&P 500 has dropped 63 points (-1.07%). The NASDAQ Composite is lower by 139 points (-0.73%). 🔻 Leading laggards for the hard hit Dow: […]

England to launch ‘world first’ gonorrhea vaccination program

England to launch ‘world first’ gonorrhea vaccination program

Credit: CDC Health authorities in England on Wednesday announced the rollout of a world first vaccine program for gonorrhea, amid record levels of the sexually transmitted disease. Gonorrhea cases in England in 2023 topped 85,000, the highest number since records began in 1918, with doctors warning of rising levels of antibiotic resistance. Richard Angell, chief […]

FAA cuts flight operations at Newark airport in New Jersey

FAA cuts flight operations at Newark airport in New Jersey

‘The Big Money Show’ panel discusses America’s aging infrastructure after another airport incident. The Federal Aviation Administration (FAA) has begun cutting flight operations at Newark Liberty International Airport in New Jersey, following weeks of serious disruptions from equipment outages, air traffic control staffing shortages and ongoing runway construction. The interim order, which took effect Tuesday, […]

Mariners Designate Casey Lawrence For Assignment, Select Jesse Hahn

Mariners Designate Casey Lawrence For Assignment, Select Jesse Hahn

The Mariners announced that they have designated right-hander Casey Lawrence for assignment. Fellow righty Jesse Hahn has been selected to the roster in a corresponding move. Bob Condotta of The Seattle Times reported the moves prior to the official announcement. MLBTR readers should not be surprised to see Lawrence bumped off the roster again. The […]