Cryptocurrency luna crashes to $0 as UST falls further from dollar peg; bitcoin rebounds...
Luna, the cryptocurrency associated with TerraUSD, or UST, is now worth $0 as the stablecoin has dramatically lost its $1 peg.
The hot jobs market could mean big gains for March payrolls and wages
The economy is expected to have added nearly a half million jobs in March, and wage gains also likely picked up at a hotter...
Omicron BA.2 subvariant will soon dominate in U.S., but Fauci doesn’t expect another surge
Data from Walgreens, which conducts testing at its pharmacies nationwide, shows BA.2 as the dominant variant at 51% of all positive Covid cases as...
Abbott reaches agreement with FDA to reopen baby formula plant to ease nationwide shortage
Abbott said it can restart its Sturgis, Michigan, plant within two weeks, subject to FDA approval.
Rivian will follow Tesla and change the type of battery cells it uses in...
Lithium iron phosphate (LFP) battery cells do not require any nickel or cobalt, which can be expensive or hard to obtain.
Amazon has a new name for its free streaming TV service
Launched in 2019 as IMDb Freedive, Amazon's ad-supported TV service is now called Freevee.
1 dead, several injured in shooting at Mudbug Festival
Two people were detained for questioning at the scene, the sheriff said.
By
ABC News
May 1, 2022, 4:23 AM
• 1 min read
Share to Facebook
Share to Twitter
Email...
$3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin...
Luna Foundation Guard said it spent almost all of the bitcoin in its reserve last week in a futile attempt to save UST.
10-year Treasury yield rises to highest level in more than three years
The benchmark 10-year U.S. Treasury yield rose Monday to a level not seen in more than three years, as traders continued to assess rising...
Amazon signs massive rocket deal with 3 firms, including Bezos’ Blue Origin, to launch...
Project Kuiper is Amazon's plan to build a network of 3,236 satellites in low Earth orbit, to provide high-speed internet to anywhere in the world.