Recent graduates looking to enter an increasingly shaky labor market are painting a dire picture of their job search: “A black hole,” one said. “I’m disheartened,” said another. “I almost feel like it wasn’t worth going to school,” said a third. NBC News asked people who recently finished technical school, college or graduate school how their job application process was going, and in more than 100 responses, the graduates described months spent searching for a job, hundreds of applications and zero responses from employers — even with degrees once thought to be in high demand, like computer science or engineering.…
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There’s no denying that Las Vegas faces several headwinds ahead. The real question, though, is how it will respond. The June gaming revenue and visitation reports for Las Vegas, released this week by the Nevada Gaming Control Board and the Las Vegas Convention and Visitors’ Authority, respectively, represented something of a mixed bag. With regard to visitation, the data was grim. The LVCVA reported total visitation of just over 3 million for the month, representing an 11.3% year-on-year decrease. Every month so far in 2025 has seen YoY decreases for overall visitation. For the Strip specifically, total occupancy was down…
Michael Saylor likens Strategy’s latest Bitcoin-backed preferred stock to Apple’s iPhone, calling STRC a breakthrough in corporate finance with massive market potential.Updated Aug 2, 2025, 4:56 p.m. Published Aug 2, 2025, 4:43 p.m. Strategy (MSTR), the bitcoin-focused corporate entity formerly known as MicroStrategy, launched its Perpetual Stretch Preferred Stock (STRC) late last month — an offering Executive Chairman Michael Saylor has described as the company’s “iPhone moment.” The STRC preferred stock has already raised $2.5 billion, and a newly opened $4.2 billion at-the-market (ATM) program could extend its scale even further — offering high-yield dividends backed by bitcoin and designed to appeal…
Crypto Market Bloodbath: Three Reasons Traders Are in Risk-Off ModeA dismal U.S. jobs report, rising geopolitical risks and recession worries triggered a broad crypto sell-off led by BTC and ETH.Updated 2 from Aug. 2025, 2:56 PM Published 2 of Aug. 2025, 1:29 pm AIAs of the time of writing, according to CoinDesk Data, BTC was trading at around $113,648, down 1.4% in the past 24 hours. ETH, XRP, SOL and DOGE posted steeper declines, with ETH down 3.7% to $3,503, XRP off 1.5% at $2.94, SOL down 2.7% at $164.13 and DOGE dropping 3.7% to $0.1993. The downturn followed a…
The Turkish Republic of Northern Cyprus Earthquake Monitoring and Evaluation Center was opened. The opening ceremony of the center in the Nicosia Industrial Zone, President Ersin Tatar, Vice President of the Republic of Turkey Cevdet Yilmaz, Parliament Speaker Ziya Ozturkler, Prime Minister Unal Üsel, Ministers, MPs and other officials attended. The center, which was formed with the contributions of the Deputy President of the Republic of Türkiye and the Ministry of Interior of the Republic of Turkey Disaster and Emergency Management Presidency, was opened after the speeches. -Tatar: “We are ready for cooperation” President Ersin Tatar congratulated the steps taken…
Katie Ledecky stubbornly refused to give up her 800-meter freestyle crown Saturday at the world championships in Singapore, winning that race for a seventh consecutive time and fending off Canada’s Summer McIntosh who led a field of talented young, would-be usurpers. The seven world wins put Ledecky to the top of charts of most triumphs in a single event, as she passed her own record of six victories at the 1500 free and Sweden’s Sarah Sjöström of six titles in the 50 butterfly. Ledecky said she didn’t feel too much pressure coming into this race, satisfied with how she’s been…
Tariffs putting the squeeze on businesses and consumers while bringing in billions of dollars for the United States government. A job market that is showing major signs of cracking even as the unemployment rate remains subdued. Tech stocks surging on Wall Street, fueled by the artificial intelligence boom — as many other sectors are ailing. As Commerce Secretary Howard Lutnick said on social media earlier this week: “the Trump economy has officially arrived.” The past week was already primed to be a doozy for data, with investors and analysts eagerly anticipating updates about economic growth, jobs and the Fed’s latest…
Aug. 1, 2025, 10:20 AM EDT The penguins have been offered some relief. The people of Switzerland, Laos and Syria, not so much. This is the unlikely jumble of winners and losers of President Donald Trump’s finalized list of tariffs, which governments, markets and businesses across the globe were scrambling to make sense of Friday. Some countries, such as Canada and South Africa, reacted with grave disappointment, warning that Trump’s executive order could prompt job losses globally and rising costs for Americans. For others, the damage was not as bad as expected, with some able to thrash out deals before…
LOS ANGELES — UCLA said Thursday that it has been notified that it is losing federal research funding over alleged antisemitism, a move the chancellor called “a loss for America.” “UCLA received a notice that the federal government, through its control of the National Science Foundation (NSF), the National Institutes of Health (NIH) and other agencies, is suspending certain research funding to UCLA,” Chancellor Julio Frenk said in a message to the campus community. He did not say how much. “This is not only a loss to the researchers who rely on critical grants. It is a loss for Americans…
Every morning in a sweltering tent in Gaza, Abeer and Fadi Sobh wake to the same grim task: finding enough food to keep their six children alive. The couple has three options: Maybe a charity kitchen will be open and they can get a pot of watery lentils. Or they can try jostling through crowds to get some flour from a passing aid truck. The last resort is begging. If those all fail, they simply don’t eat. It happens more and more these days, as hunger saps their energy, strength and hope. The predicament of the Sobhs, who live in…