Boomers fed up with Florida are moving to southern Appalachia, fueling a population spike in longtime rural communities

Boomers who once flocked to Florida are increasingly ditching the state for southern Appalachia. A recent Wall Street Journal report highlighted the so-called “halfbacks” who have settled in the region. Many of the new arrivals sought an escape from the continual threat of extreme weather in Florida. For decades, Florida has remained a top destination … Read more

Bitcoin’s new $71K record high: What’s fueling the gains?

Bitcoin (BTC-USD) has hit a new all-time high of $71,000, marking a significant milestone for the cryptocurrency. The surge has been fueled by a remarkable increase in demand, driven by heightened investor interest and substantial inflows into spot bitcoin exchange-traded funds (ETFs). Yahoo Finance senior reporter David Hollerith breaks down the details. For more expert … Read more

Chinese tourists are fueling a recovery in Asia-Pacific’s travel industry

Outbound passengers queue up to check in at Yantai Penglai International Airport on February 9, 2023 in Yantai, Shandong Province of China.  Vcg | Visual China Group | Getty Images Asia-Pacific’s travel sector is seeing strong growth, with demand for flights set to match pre-pandemic levels this year — thanks to Chinese tourists. The region’s … Read more

Nvidia rally fueling FOMO in overall market: Evercore’s Julian Emanuel

Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s the first time that’s happened since 2021 for us,” the firm’s senior … Read more

Climate change is fueling the disappearance of the Aral Sea. It’s taking residents’ livelihoods, too

MUYNAK, Uzbekistan — Toxic dust storms, anti-government protests, the fall of the Soviet Union — for generations, none of it has deterred Nafisa Bayniyazova and her family from making a living growing melons, pumpkins and tomatoes on farms around the Aral Sea. Bayniyazova, 50, has spent most of her life near Muynak, in northwestern Uzbekistan, … Read more

Asia’s young and rich are fueling art demand — what are they collecting?

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist’s first known nude, at the Christie’s auction house in Paris on May 18, 2022. Emmanuel Dunand | Afp | Getty Images Wealthy, young collectors in Asia have been fueling demand for art — particularly … Read more

Euro zone inflation rebounds in December, fueling rate-cut debates

Shoppers at delicatessen market stall in Milan, Italy, on Thursday, Dec. 28, 2023. Bloomberg | Bloomberg | Getty Images Headline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation continued to ease, according to data released Friday by Eurostat. The annual print was a little … Read more

China’s livestream shopping booms, fueling new tech like avatars and AI

HAIAN, CHINA – NOVEMBER 7, 2023 – A crab farmer sells crabs via a live webcast at Xinhai village in Haian city, Jiangsu province, China, Nov 7, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — Livestream shopping is taking off in China, driving development of new tech products … Read more

At China military forum, Russian defense minister accuses the US of fueling geopolitical tensions

BEIJING (AP) — Russian Defense Minister Sergei Shoigu said Monday the United States is fueling geopolitical tensions to uphold its “hegemony” and warned of the risk of confrontation between major countries. Speaking at a defense forum in Beijing, Shoigu also said the U.S. and its Asia-Pacific allies are undermining stability in the region. “To maintain … Read more