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132K fireworks rockets recalled after CPSC warns of explosion risk

More than 132,000 fireworks rockets sold nationwide have been recalled after federal safety regulators warned they could explode before reaching their intended height, posing explosion and burn hazards. The Consumer Product Safety Commission announced Thursday that Jake’s Fireworks is recalling about 132,440 World Class Fireworks “Skull Strobe” rockets. The agency said…

XAG/USD consolidates above  as downside momentum eases

Silver (XAG/USD) trades on the back foot on Friday as rising US Treasury yields outweigh support from a weaker US Dollar (USD). At the time of writing, XAG/USD trades around $57.50, down 2% on the day and on track to close July in negative territory.The US Dollar stays under pressure following suspected intervention by Japanese authorities to support the Japanese Yen (JPY). The US Dollar Index (DXY), which tracks the Greenback’s value against a basket…

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Netflix sued over missing unreleased Nicolas Cage movie Fortitude

Netflix has been sued for allegedly losing an unencrypted copy of a $45 million Nicolas Cage thriller that took seven years to produce, exposing the unreleased film to potential piracy and leaks. The lawsuit, which seeks $105 million in damages, was filed by Op-Fortitude Ltd. and its owner, Swiss film…

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