Author: MNK News
RIYADH, SAUDI ARABIA: Mike Tyson looks on prior to the Heavyweight fight between Tyson Fury and … [+] Francis Ngannou at Boulevard Hall on October 28, 2023 in Riyadh, Saudi Arabia. (Photo by Justin Setterfield/Getty Images)Getty Images On the heels of the record viewership for his boxing bout with Jake Paul, Netflix has announced that Mike Tyson will be the subject of an upcoming documentary series. From EverWonder Studio, DLP Media Group, and Five All In The Fifth ENtertainment, and made in cooperation with Tyson, the series will consist of three 60-minute episodes and, per the press release, will take…
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to reduce its benchmark interest rate by 25 basis points to a new range of 4.25%-4.5%, initiating its third consecutive rate cut of 2024 despite signs that inflation isn’t entirely going away. Newly appointed Cleveland Fed president Beth Hammack objected, preferring not to cut rates. Her dissent marked the second against a policy decision since the Fed started its latest rate-cutting cycle in September. The consensus among…
Nima Momeni, a tech consultant, was convicted on Tuesday of second-degree murder in the death of Bob Lee, the wealthy founder of Cash App, following a high-profile trial in San Francisco. The New York Times reports that the San Francisco Superior Court jury’s verdict brings a measure of closure to a case that had sparked a heated debate about the safety of San Francisco’s streets in the aftermath of the pandemic. Nima Momeni, 40, now faces a sentence of 16 years to life in prison for the murder of Bob Lee, 43, a well-known tech executive who had been the…
Large caps, NYSEgetty Today’s big drop in the S&P 500 and the Nasdaq 100 has talking heads on financial media already talking about whether now is a good time to buy the dip. It’s hard to blame them, as this year has made heroes out of anyone who uttered “buy the dip” every time stocks lost more than a percent or two in one day. The more who say it, the easier it is to repeat it as a gospel of some kind. The fact is, the year 2024 has not been all that bullish once you leave out the…
Michael Buble’ and Carly Pearce Courtesy of Reprise Records He’s five-time GRAMMY-winner who has dedicated his career to keeping timeless songs from the Great American Songbook alive and well, while also proving his incredible versatility whether he’s singing pop, jazz, or R&B. Michael Buble’ has also become a familiar face and voice around the holidays, thanks to his best-selling 2011 album Christmas. The album is so beloved, it organically makes its way back up the charts every year as December rolls around. Now, Buble’ has a new song to add to the list. “Maybe This Christmas” will likely resonate with…
The Federal Reserve lowered interest rates on Wednesday by 25 basis points to a range of 4.25%-4.5% at its final meeting of the year and signaled that it would slow down the pace of its cuts. Along with its policy announcement, the Fed released updated economic forecasts in its Summary of Economic Projections (SEP), including its “dot plot,” which maps out policymakers’ expectations for where interest rates could be headed in the future. Read more: What the Fed rate cut means for bank accounts, CDs, loans, and credit cards Fed officials see the fed funds rate falling to 3.9% in…
What’s behind Bitcoin’s historic rise to $108,000? From Trump’s speech to ETFs and MicroStrategy’s massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17, BTC climbed to an all-time high of $108,260, pushing its post-U.S. election gains to over 50%. As of this writing. 17, it is trading around $106,663 levels. BTC 5-month price chart | Source: crypto.news BTC’s rally follows President-elect Donald Trump’s proposal to establish a U.S. Bitcoin strategic reserve, a concept that has sparked widespread excitement across markets. Trump’s announcement, made…
Steam Replay, Valve’s take on Spotify Wrapped for games you’ve played through Steam, is available now for your perusal. Valve’s offered the year-end presentation since 2022, and it can be a pretty revealing glimpse into how time-consuming most games have become in the last two years (or how much one game can really stick in your craw).You can access the data dump directly through the Steam app, your Steam Deck or the web. For 2024, Valve tracked the number of games and demos you’ve played, the number of achievements you’ve unlocked, your longest gaming streak and the games you spent…
As reports of mysterious drone sightings continue to pour in from across the Northeast, a military expert has shared the reasons that he believes these drones are originating from within the United States. He added, “We are telegraphing right now that we do not know where these drones are. We’re telegraphing that we can fly these drones over U.S. bases and we can’t do anything about it.” Fox News reports that as reports of mystery drones stack up from New Jersey, Pennsylvania, New York, Connecticut, Ohio, and other states, federal and law enforcement officials have continued to provide little information…
FARNBOROUGH, ENGLAND – JULY 18: The Boeing logo is seen on the side of a Boeing 737 MAX during the … [+] Farnborough International Airshow.(Photo by John Keeble/Getty Images)Getty Images For the last several months, Boeing has been conducting a review of potential divestitures to reduce its enormous net debt load of $45 Billion. The debt was accumulated over the past six years by the production halt of the 737MAX due to two fatal crashes in 2018 and 2019, followed by the pandemic in 2020 and continued quality issues which have caused regulators to limit production of the aircraft. The…