2024 - Page 155 of 157 - Author feast

Stocks On Track to End Longest Winning Streak in 20 Years

05

Jan

Business

Stocks On Track to End Longest Winning Streak in 20 Years

Wall Street’s longest weekly winning streak in almost 20 years came to an end on Friday, as stock investors’ celebrations over slowing inflation and the potential for cuts to interest rates were replaced with caution over the lingering risks to the economy.The S&P 500 index ended the week with a loss of 1.52 percent. It was the first weekly drop after nine straight weeks of gains — the market’s longest winning streak since January 2004. The Nasdaq Composite, chock-full of tech stocks that soared in 2023, has inched lower each day since Dec. 28, a five-day string of losses not…

Israel-Hamas War: Killing of Senior Leader Carries Risks for Israel, Analysts Say

04

Jan

By William Lee

New miscellaneous

Israel-Hamas War: Killing of Senior Leader Carries Risks for Israel, Analysts Say

Many Israelis welcomed the assassination of a top Hamas official in Beirut as a necessary, even inevitable, step in the campaign to destroy Hamas that Israel has been waging since the terror group’s brutal Oct. 7 attacks.But some analysts said the killing of the official, Saleh al-Arouri, on Tuesday carries risks for Israel, and the benefits are unclear. The assassination appeared likely to put on ice any talks between Israel and Hamas over freeing more hostages taken on Oct. 7, dealing yet another setback to families waiting desperately for their loved ones to come home.While the death of Mr. al-Arouri,…

Florida Health Official Calls for Halt to Covid Vaccines

04

Jan

By William Lee

Health

Florida Health Official Calls for Halt to Covid Vaccines

Florida’s surgeon general on Wednesday called for a halt to the use of Covid vaccines, citing widely debunked concerns that contaminants in the vaccine can permanently integrate into human DNA.“These vaccines are not appropriate for use in human beings,” Dr. Joseph Ladapo, the state’s surgeon general and highest-ranking health official, said in a statement released by the Florida Department of Health.Federal health officials and other experts have repeatedly sought to counter Dr. Ladapo’s erroneous comments about the vaccines, noting that careful review of the scientific evidence has found no basis for his declarations.The Food and Drug Administration said on Wednesday…

Valencia’s Nou Mestalla ‘ghost ground’: After 15-year delay, will it finally be built?

04

Jan

By William Lee

Sports

Valencia’s Nou Mestalla ‘ghost ground’: After 15-year delay, will it finally be built?

The cheers rang long and loud around Valencia’s Mestalla Stadium as fans celebrated Hugo Guillamon’s late equaliser against Barcelona in their final home match before La Liga’s Christmas break.Four kilometres away, on the other side of Valencia’s old city centre, all was quiet around the site of the Nou Mestalla — where the club’s half-built new home has sat untouched for the past 15 years.Through all that time, one of La Liga’s most storied clubs has found itself stuck in this bizarre situation — unable to raise the money to finish a modern new ground, unable to sell its historic…

Museum World Hit by Cyberattack on Widely Used Software

04

Jan

By William Lee

Technology

Museum World Hit by Cyberattack on Widely Used Software

Several prominent museums have been unable to display their collections online since a cyberattack hit a prominent technological service provider that helps hundreds of cultural organizations show their works digitally and manage internal documents.The Museum of Fine Arts Boston, the Rubin Museum of Art in New York and the Crystal Bridges Museum of American Art in Arkansas were among the institutions confirming that their systems have experienced outages in recent days. The service provider, Gallery Systems, said in a recent message to clients, which was obtained by The New York Times, that it had noticed a problem on Dec. 28,…

Auto Sales Are Expected to Slow After a Strong 2023

04

Jan

By William Lee

Business

Auto Sales Are Expected to Slow After a Strong 2023

After enjoying a strong rebound in sales in 2023, the auto industry appears headed for slower growth this year as consumers struggle with elevated interest rates and high prices for new cars and light trucks.Edmunds, a market researcher, expects the industry to sell 15.7 million vehicles this year. That would amount to a modest increase from the 15.5 million sold last year, when sales jumped 12 percent.“There’s definitely pent-up demand out there, because people have been holding off purchases for a while,” said Jessica Caldwell, head of insights at Edmunds. “But given the credit situation, we don’t think the industry…