Tag Archives: years

U.S. dollar is at lowest level in nearly 3 years

How the Federal Reserve works The U.S. dollar is cooling off after a red-hot surge. Though it rose in the weeks following President Trump’s election victory last November, the greenback has steadily fallen this year. It’s now down to its lowest level since January 2015. Since January 3, the first trading day, the dollar is down 11%. It’s down nearly 17% against the Mexican peso this year, a reversal of fortunes after Trump’s campaign threats caused the peso to plunge. It’s also down 12% against the euro and 7% against ...

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Prisoner 'trapped' in jail for 11 years to be released

A man who has served 11 years in prison for what was a 10-month sentence is to be released, the Parole Board has said. James Ward was sentenced under Imprisonment for Public Protection (IPP), after he set fire to his bed while in jail for actual bodily harm. The 32-year-old has mental health problems and has regularly self-harmed while serving his indefinite sentence. The Parole Board said it was working to find Mr Ward a hostel and mental health support in the coming weeks. Mr Ward’s sister April said: “We ...

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Hollywood had its worst summer in 20 years. Can fall save the box office?

How Hollywood is going old to look new The last time Hollywood suffered through a summer season box office this sluggish, the top films were “Men In Black” and “The Lost World: Jurassic Park.” Despite strong showings from “Wonder Woman” and “Guardians of the Galaxy Vol. 2,” the 2017 summer season — which runs from the first Friday in May through Labor Day weekend — endured the worst box office haul since 1997, when adjusted for inflation. “In a nutshell: a lack of high-demand animated releases, too many under-cooked or ...

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Alps murders: 'No progress' five years after al-Hilli shooting

Media playback is unsupported on your device The brother of a British man shot dead while on a family holiday in the French Alps says he is frustrated with the lack of progress in the investigation. The bodies of Saad al-Hilli, his wife Iqbal and her mother, Suhaila al-Allaf, were discovered on a remote forest road on 5 September 2012. The couple’s two young daughters survived the shooting near Lake Annecy. The French lead prosecutor said it was the most complex case she had ever worked on. Zeena al-Hilli, then ...

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U.S. economy records fastest growth in 2 years

U.S. unemployment rate falls to 16-year low The U.S. economy picked up steam during the second quarter, notching the fastest pace of growth in two years. During the first full quarter with President Trump in charge, economic growth hit 3%, according to revised estimates released by the government on Wednesday. That’s the strongest growth since the first quarter of 2015. It’s more than double the pace of the first three months of 2017 and better than original estimates for the second quarter. The government initially pegged second-quarter growth at 2.6% ...

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The financial cost of 16 years in Afghanistan

Trump’s budget: Spends on defense, slashes safety nets As President Trump prepares to address the nation Monday evening to announce his strategy in Afghanistan, it’s worth noting how much the longest U.S. war in the country’s history has already cost Americans financially. The most current estimate pegs the number at $ 841 billion. That comes from Anthony Cordesman, the Arleigh A. Burke Chair in Strategy at the Center for Strategic and International Studies. Cordesman, who served as a consultant to the Departments of State and Defense during the Afghan and ...

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Lost WW2 warship USS Indianapolis found after 72 years

The World War Two heavy cruiser USS Indianapolis has been found in the Pacific Ocean, 72 years after its sinking by a Japanese submarine. The warship was discovered 18,000 feet (5.5km) beneath the surface. The Indianapolis was destroyed returning from its secret mission to deliver parts for the atomic bomb which was later used on Hiroshima. Of the 1,196 men on board, just 316 were rescued – the largest loss of life at sea in the history of the US Navy. Microsoft co-founder Paul Allen, who led the civilian search ...

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10 years later: The build, stunning end, and influence of the 2007 Patriots

9:57 AM ET Ten years ago this week, the 2007 New England Patriots took to the field for the first time and lost 13-10 to the Tampa Bay Buccaneers in their preseason opener. They lost the following week to the Tennessee Titans before winning their final two preseason games, all 16 regular-season contests and their first two postseason matchups. After 20 consecutive Patriots victories, the New York Giants narrowly topped Bill Belichick’s team to win one of the most dramatic Super Bowls in league history. Belichick and Brady have stretches ...

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NASA Celebrates 5 Years of Curiosity With New Mars Rover Video

This site may earn affiliate commissions from the links on this page. Terms of use. On August 6 2012, NASA’s Curiosity rover landed on Mars and kicked off a new era of Martian exploration. It was NASA’s fourth rover mission to Mars over the past 20 years; previous missions successfully landed the Sojurner, Spirit, and Opportunity rovers. Curiosity represented a far more difficult undertaking than its predecessors. The rover was so large, NASA had to invent a new type of rocket-braking sky crane to deploy the lander; the Martian atmosphere was ...

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China will get 2,000 more McDonald's restaurants in the next few years

5 stunning stats about McDonald’s McDonald’s is betting that Chinese consumers are hungry for more. The world’s largest fast food chain announced Tuesday that it plans to open 2,000 new restaurants across the world’s most populous nation in just over five years, bringing the total to 4,500. “China will soon become our largest market outside of the United States,” said McDonald’s CEO Steve Easterbrook. The company and its new business partners in China — investment firms Citic and Carlyle Group — are hoping the new outlets will help drive double-digit ...

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