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NASA images show Lake Mead’s water level at a record low

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Lake Mead, the largest reservoir in the U.S has dried up to its lowest ever level according to new NASA images

NASA has released new pictures showing the withering state of Lake Mead, the largest reservoir in the U.S which is now at a record low.

Images from 2000 and 2021 compared to 2022 show how dramatically low the water levels are, now at just 27 per cent capacity.

The lake typically supplies water to roughly 25 million people across America’s west, but now it is at its lowest levels since it was first filled in 1937.

Today the lake looks like more of a graveyard rather than a water supply, with two skeletons being revealed amid the drought.

Dead and dried up fish also stick up in the cracks of the dried lake.

And even a whole power boat stands up right, solidified into dry mud, almost like a tomb stone.

The managing director of the NASA Earth Observatory, has described the phenomenon as “a stark illustration of climate change.”

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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.

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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.

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


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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.

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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.

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


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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.

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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.

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


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