Inflation is now “deeply entrenched” in the U.S. economy, according to one of America’s top bankers. David Solomon, CEO of Goldman Sachs, told Wall Street analysts on Monday that a combination of economic factors and the war in Ukraine is eroding the confidence of consumers and businesses, while also contributing …
Read More »No announcement on increased oil production expected from Biden’s Saudi Arabia trip
No announcements on increasing oil production by the Saudis are expected to emerge from President Biden’s trip to Saudi Arabia this week, says national security adviser Jake Sullivan. Mr. Biden “will certainly” be discussing energy security when he meets with the leaders of nine countries in Saudi Arabia Friday and …
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A 70-year-old Nevada man has been charged in the 1982 killing of a 5-year-old girl who disappeared while walking to her kindergarten class in California after detectives solved the case using DNA evidence, authorities said. Robert John Lanoue, of Reno, Nevada, was charged last week in the killing of Anne …
Read More »California will invest $100 million to create its own insulin to combat high drug prices, Newsom says
California Gov. Gavin Newsom announced Thursday that he approved a budget that allocates $100 million for the state to create its own insulin, a response to extremely high prices for the life-saving medication that have made it inaccessible to some people with diabetes. “Nothing epitomizes market failures more than the cost …
Read More »Technoblade, popular internet gamer, dies at 23 after battle with cancer
The popular Minecraft YouTuber known as Technoblade has died after a battle with stage four cancer, his family announced. He was 23. In an emotional video titled “so long nerds” posted on Technoblade’s YouTube account, the internet gamer’s father read a message written by his late son. “Thank you all …
Read More »Unsolved murders and the mothers of Jackson, Mississippi
After Margie Allen’s son Ryan was murdered on Thanksgiving in 2020, she said police in Jackson, Mississippi left it up to her to find clues. “I was shown a picture of my baby on the side of the road. I was shown some information. And I was told to go …
Read More »Walmart let scammers use money transfer services to fleece people, FTC says
Walmart let criminals use its money transfer services to scam consumers out of hundreds of millions of dollars while collecting fees on the transactions, the Federal Trade Commission alleged Tuesday in filing a lawsuit against the nation’s biggest retailer. Walmart for years turned a blind eye while scammers exploited its …
Read More »$3.2 million settlement reached in police killing of Daunte Wright
A suburban Minneapolis city has agreed to pay $3.2 million to the family of Daunte Wright, a 20-year-old Black man who was fatally shot by a police officer who said she confused her gun for her Taser. The tentative settlement also includes changes in police policies and training involving traffic …
Read More »1.4 million electric panels have been recalled due to burn and fire risks
Schneider Electric USA is recalling 1.4 million circuit-breaker boxes sold at home improvement and hardware stores nationwide because they can overheat, posing thermal burn and fire hazards. The recall involves Square D QO Plug-On Neutral Load Centers installed in homes, recreational vehicles and commercial establishments, including restaurants, manufacturing plants and …
Read More »NASA to launch study of unidentified aerial phenomena, or UFOs
Washington — NASA said Thursday that it is establishing an independent group of investigators to study unidentified aerial phenomena (UAP), formerly known as UFOs, in the latest government effort to investigate the mysterious objects reported by hundreds of pilots. In a release, the space agency said the researchers will be …
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