Skip to main content

Featured

Tragedy Strikes at Turkish Ski Resort: 66 Dead, 51 Injured in Hotel Fire

A devastating fire engulfed the Grand Kartal Hotel at the popular Kartalkaya ski resort in northwestern Turkey early Tuesday morning, claiming at least 66 lives and injuring 51 others. The fire, which broke out around 3:30 a.m. local time in the hotel's restaurant section, spread rapidly, trapping guests on the upper floors. Guests, many of whom were families on holiday during the school semester break, faced harrowing conditions as they tried to escape the flames. Some resorted to jumping from windows in a desperate attempt to flee the blaze, while others used sheets and blankets to climb down from their rooms. The hotel's fire detection system reportedly failed to operate, adding to the chaos and confusion. Emergency services, including 30 fire trucks and 28 ambulances, were dispatched to the scene, but the fire's intensity and the hotel's chalet-style wooden exterior hampered firefighting efforts. The Turkish government has launched an investigation into the incident...

Nasdaq Futures Sink After Early Big Tech Bust, With Fed on Deck

                                 Nasdaq


The Nasdaq futures have taken a hit after the early Big Tech bust, with the Federal Reserve’s interest rate decision of the year on deck. 

The tech-heavy Nasdaq Composite is set to sink around 1.1% on Wednesday, while the benchmark S&P 500 traded about 0.5% lower after slumping slightly below its record high on Tuesday. 

The poor start from the tech mega-caps, which are expected to do much of the heavy lifting for the S&P 500 this earnings season, could unnerve Wall Street. Boeing is the highlight of the Wednesday earnings docket amid a string of safety concerns related to its planes.


 

Comments

Popular Posts