The wreck of one of the most storied US Navy submarines of World War II has been found in the South China Sea eight decades after its last patrol, the Navy’s History and Heritage Command said Thursday. The USS Harder lies under 3,000 feet (about 900 meters) of water off the northern Philippine island of […]
Keith Gill in his introductory post on YouTube in July 2020.Roaring Kitty/YouTube The social media return of Keith Gill, aka “Roaring Kitty,” has sparked a flood of crypto meme tokens. Microcap meme tokens with names like “GME” and “Roar” have soared more than 1,000%. Most of the tokens were created in the past 24 hours […]
A girl was killed while water skiing near Biscayne’s Nixon Beach after a boater rammed into her and sped away Saturday. It’s the latest fatal incident in the vicinity of the famed tourist attraction. Boating accidents aren’t unusual in Biscayne Bay, frequently packed with water and sun worshipers on the weekends and holidays. Authorities are […]
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.Andrew Kelly/Reuters The stock market looks poised to fall from its extreme heights, legendary investor John Hussman said. Hussman said the stock market is mirroring the extremes leading up the 1929 crash. A market crash […]
In the seven centuries since the Ponte Vecchio was first built in Florence, Italy, the bridge has watched the city changing around it, surviving floods, fires and the Nazi invasion in World War II. Now, the famed bridge itself is getting a two-year makeover, at the cost of about €2 million, to restore it to […]
REUTERS/Ilya Naymushin Gold poised to hit $3,000 per ounce as upcoming Fed rate cuts occur, top economist David Rosenberg says. That implies a potential 30% upside from current levels. He says the current rally is impressive because it defies typical macroeconomic challenges like a strong dollar and falling inflation expectations. While investors have been riding […]
A famed battleship floated down the Delaware River on Thursday as the USS New Jersey left its dock in Camden, New Jersey, on its way to the Philadelphia Navy Yard for extensive maintenance work. The vessel, guided by tugboats, was first headed to the Paulsboro Marine Terminal, where it will be balanced to prepare for […]
A rare bird that landed in the Bellagio Las Vegas fountain prompted the hotel-casino to put its famed water show on hold, officials said. “We are happy to welcome the most exclusive guests,” the hotel wrote in a Tuesday, March 5, post on X, formerly known as Twitter. “The Fountains of Bellagio are paused as […]
Kyle Bass says China’s problems are bigger than anyone realizes.Reuters/ Rick Wilking China’s property debt is a worse version of the US’ 2008 financial crash, Kyle Bass told CNBC. The country’s real estate sector was too debt-reliant, and now every public developer is in default. Just two companies hold a debt of $500 billion. In […]
A legislative push to bring a long-sought casino to Miami Beach fell apart again this year despite Gov. Ron DeSantis and his administration urging lawmakers to pass the bill. The Republican governor could not sway key legislative leaders to sign off on the proposal that had drawn opposition from Miami Beach leaders as well as […]
Paul Krugman.Ricardo Rubio/Europa Press/Getty Images US consumer optimism is surging, and may reflect the stock market outperformance, Paul Krugman wrote. But stocks aren’t a good indicator of future economic health, and should be ignored. Americans give outsized attention to equities due to the market’s high visibility. With stock bullishness swinging indexes towards new highs, consumers […]
Katie Moncrief has died at age 98. Her name, enshrined in Wekiva River lore, lives on. The generational efforts of Central Florida to protect its fabled Wekiwa Springs, Wekiva River and Wekiva wilderness of wetlands, forest and sandy hills stands as perhaps the region’s defining act of environmentalism. The quest has been joined by defenders […]