An aerial view of a fire truck near homes destroyed in the Palisades Fire as wildfires cause damage and loss through the LA region on January 13, 2025 in Pacific Palisades, California. Mario Tama | Getty ImagesJoe Thompson’s desperate post-wildfire scramble to find a new place for his family to live led him Saturday to a five-bedroom home in Santa Monica, California, that had been put on the market the day before for $28,000 a month — more than double the rent posted a year ago. The agent was asking for three months’ rent up front and already had applications from…
Author: usaeverydaylife
This picture taken from the Israeli side of the border with the Gaza Strip shows smoke plumes rising from explosions above destroyed buildings in the northern Gaza Strip on January 13, 2025 amid the ongoing war between Israel and Hamas.Menahem Kahana | Afp | Getty ImagesRisk specialists identified armed conflict, extreme weather and disinformation among the top global risks for the year ahead, according to a World Economic Forum (WEF) survey released on Wednesday.Nearly a quarter (23%) of respondents in the WEF’s flagship “Global Risks Report” ranked state-based armed conflict as the most pressing concern for 2025.Misinformation and disinformation were…
The skyscrapers of the Frankfurt skyline in the evening, with the Deutschherrn Bridge in the foreground.Frank Rumpenhorst | Picture Alliance | Getty ImagesThe German economy contracted by 0.2% in 2024, in the country’s second consecutive yearly slowdown, data from statistics office Destatis showed Wednesday.The drop was in line with the expectations of economists polled by Reuters, according to LSEG data. The European Commission and a group of Germany’s leading economic institutes had both independently forecast a 0.1% dip in the German GDP in 2024.Ruth Brand, president of the German statistics agency, said that “cyclical and structural pressures” hindered stronger economic…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Matthew Hougan of Bitwise Asset Management breaks down new data which shows growing appetite for crypto assets from financial advisors.11:01Tue, Jan 14 20253:07 PM EST Source link
Lemon8, a photo-sharing app by Bytedance, and RedNote, a Shanghai-based content-sharing platform, have seen a surge in popularity in the U.S. as “TikTok refugees” migrate to alternative platforms ahead of a potential ban. Now a law that could see TikTok shut down in the U.S. threatens to ensnare these Chinese social media apps, and others gaining traction as TikTok-alternatives, legal experts say. As of Wednesday, RedNote — known as Xiaohongshu in China — was the top free app on the U.S. iOS store, with Lemon8 taking the second spot. The U.S. Supreme Court is set to rule on the constitutionality of the Protecting…
Chartered flights have been canceled. Performances have been called off or postponed. Tour agencies have fielded requests from travelers who want to change their plans. Chinese travelers have been scrapping trips to Thailand, frightened by the story of a Chinese actor who was abducted there, taken to Myanmar and forced to work in an online scam compound. The incident is a blow to Thailand’s tourism sector ahead of the peak Lunar New Year holiday at the end of this month, when many Chinese had been expected to visit.The disappearance of the actor, Wang Xing, from the Thai border city of…
LONDON — U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics on Wednesday.The consumer price index (CPI) rose to 2.6% in November, with economists polled by Reuters expecting the December reading to stay unchanged.Core inflation, which excludes more volatile food and energy prices, came in at 3.2% in the twelve months to December, down from 3.5% in November.The U.K.’s inflation rate had hit a more than three-year low of 1.7% in September, with monthly prices picking up since on the back of higher fuel costs and…
Synthesia is a platform that lets users create AI-generated clips with human avatars that can speak in multiple languages.SynthesiaLONDON — Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, has raised $180 million in an investment round valuing the startup at $2.1 billion.That’s more than than double the $1 billion Synthesia was worth in its last financing in 2023.The London-based startup said Wednesday that the funding round was led by venture firm NEA with participation from Atlassian Ventures, World Innovation Lab and PSP Growth.NEA counts Uber and TikTok parent company ByteDance among its portfolio companies.…
Sunlight illuminates the front of a row of Victorian-era houses in a terraced street in Bristol, England. Matt Cardy | Getty Images News | Getty ImagesLONDON — Hundreds of thousands of U.K. homeowners are facing the prospect of higher mortgage rates after a spike in U.K. borrowing costs.Major high street lender Virgin Money on Monday increased its new two- and five-year fixed-rate mortgages by 0.2%, with similar hikes to some of its remortgage deals.”Markets were already becoming less optimistic about how quickly and how far [the] base rate might fall this year,” David Hollingworth, associate director at L&C Mortgages, told CNBC…
Decades ago, Mozambique’s liberation party, Frelimo, easily attracted adoring crowds. The promise of salvation from Portuguese colonizers, and a life with jobs and housing for all, was an easy sell in a southern African nation that was suffering under racist rule.But when Daniel Chapo of Frelimo becomes president on Wednesday, he will confront a country more dissatisfied with his party than at any point during the country’s 50 years of independence. Tens of thousands of people took to the street after the October election, which voters, international observers, opposition leaders and rights groups have roundly criticized as fraudulent.The country of…
