Consumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S. economy is finally ebbing. On a 12-month basis,…
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Business
Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year
by adminIt appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted. Applications to refinance a home loan surged 35%…
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Business
FTC bans fake online reviews, inflated social media influence; rule takes effect in October
by adminThe Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, like those generated with AI technology, and other misleading practices to promote their products and services. All five FTC…
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Trader Joe’s is recalling 653,000 scented candles because they pose an elevated fire hazard. In a release on the Consumer Product Safety Commission’s website posted Thursday, Trader Joe’s said the…
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United Airlines CEO Scott Kirby says he is optimistic about Boeing’s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat change of tune from the head of United, a top…
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A German military base near the western city of Cologne was temporarily closed on Wednesday as authorities investigated the possible sabotage of water supplies. The Cologne-Wahn barracks employs around 5,500…
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World News
An election in Kiribati provokes Western alarm about Beijing’s sway in Pacific atoll nation
by adminPeople in Kiribati went to the polls on Wednesday for the first round of voting in a national election expected to serve as a referendum on rising living costs and…
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World News
Iranian dissident rapper Toomaj Salehi cleared of charge after death sentence overturned
by adminToomaj Salehi, the Iranian dissident rapper who escaped the death penalty earlier this summer has been cleared entirely of the original charges by a lower court in Isfahan, central Iran. Salehi…
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Japanese railways and airlines are canceling services as Typhoon Ampil gathers strength in the western Pacific, with the storm expected to hit on Friday during the peak summer travel season.…
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Conflict between elephants and humans is a growing, and potentially deadly, problem in some parts of India. Now, the state of Assam, a northeastern region famous for its rolling tea…