Explosion at Hoover Dam as transformer catches fire

Published

3 years ago

July 20, 2022

Ahron Young

There’s been an explosion of a power transformer at the Hoover Dam in the United States.

Authorities say no one was injured when a transformer at Hoover Dam caught fire.

Videos posted on social media showed what appeared to be a fire or explosion in a building near the base of the dam.

A huge plume of black smoke swirled above the building.

The fire broke out around 10am and took half an hour to extinguish.

Authorities say there’s no threat to power supplies generated at the dam.

The cause of the explosion is now under investigation.

According to the federal Bureau of Reclamation, the dam is 726 feet (221 meters) tall and 660 feet (201 meters) at its base, as long as two footballs fields measured end-to-end.

As many as 20,000 vehicles a day drive across the 45-foot (14-meter) wide top of the dam, which is a National Historic Landmark.

RBA holds rates as investors shift from property to stocks

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

Published

3 hours ago

November 26, 2025

Harvey Vargas

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.

The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.

We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#RBA #Interestrates #AustraliaEconomy #StockMarket #InvestingTips #WealthWithin #FinanceNews #TickerTV

News

U.S. retail sales slowdown sparks new fears ahead of Fed decision

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

Published

3 hours ago

November 26, 2025

Harvey Vargas

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.

The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.

Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#RetailSales #USEconomy #FederalReserve #ConsumerSpending #EconomicOutlook #MarketUpdate #InterestRates #TickerNews

News

xAI’s $15 billion raise, deadline pressure and Grokipedia launch

Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.

Published

3 hours ago

November 26, 2025

Harvey Vargas

Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.

Elon Musk’s artificial intelligence startup xAI is preparing to close a huge $15 billion funding round next month, valuing the company at $230 billion pre-money. The raise highlights the intense investor appetite for advanced AI platforms as competition heats up across the sector.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#xai #elonmusk #ai #startupnews #grok #grokipedia #technews #fundinground