CNN By Matt Egan, CNN Business The Federal Reserve’s war on inflation will eventually kill the economic recovery from Covid-19, former Fed official Bill Dudley warns. The problem is that the Fed began its quest to tame inflation late, leaving the central bank little choice other than to slam the brakes on the economy by
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By Matt Egan, CNN Business The Federal Reserve’s war on inflation will eventually kill the economic recovery from Covid-19, former Fed official Bill Dudley warns. The problem is that the Fed began its quest to tame inflation late, leaving the central bank little choice other than to slam the brakes on the economy by drastically
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DALLAS (AP) — Former NBA player Iman Shumpert was arrested at the Dallas Fort Worth International Airport last weekend for allegedly trying to bring six ounces of cannabis through security. The police report from the DFW Airport Department of Public Safety shows police were called to a TSA checkpoint at about 3:40 p.m. on Saturday,
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DALLAS (AP) — Former NBA player Iman Shumpert was arrested at the Dallas Fort Worth International Airport last weekend for allegedly trying to bring six ounces of cannabis through security. The police report from the DFW Airport Department of Public Safety shows police were called to a TSA checkpoint at about 3:40 p.m. on Saturday,
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By Payton Major and Allison Chinchar, CNN Meteorologists This Atlantic hurricane season is still expected to be above-normal, forecasts released Thursday by the National Oceanic and Atmospheric Administration and Colorado State University show. Though this season has been less active until now compared to the last two seasons, NOAA and Colorado State expect it to
Continue Reading By Rafy Rivera, Melissa Alonso and Ray Sanchez, CNN Former Puerto Rico governor Wanda Vázquez was arrested Thursday in San Juan on bribery charges connected to the financing of her 2020 campaign, the US Justice Department says. Vázquez is the first former governor to face federal charges. And the political scandal is the latest to
Continue Reading By JIM VERTUNO Associated Press AUSTIN, Texas (AP) — An attorney for the parents of a child killed in the Sandy Hook Elementary School massacre who are suing conspiracy theorist Alex Jones over his false claims about the attack said Thursday that the U.S. House Jan. 6 committee has requested two years’ worth of records
Continue Reading AUSTIN, Texas (AP) — Attorney for Sandy Hook parents: Jan. 6 committee requested materials including Alex Jones’ texts he was mistakenly sent.
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By MOGOMOTSI MAGOME Associated Press KRUGERSDORP, South Africa (AP) — Community members in the South African city of Krugersdorp have beaten suspected illegal miners with sticks and set fire to their camps following the arrests of more than 80 men suspected of gang raping eight women last week. Some of the suspects are thought to
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By Eliott C. McLaughlin, Sonia Moghe and Hannah Rabinowitz, CNN Four current and former Louisville police officers involved in the deadly raid on Breonna Taylor’s home — including detectives who worked on the search warrant and the ex-officer accused of firing blindly into her home — have been charged with civil rights violations and other
Continue Reading Four current and former Louisville Metro Police Department officers involved in the deadly raid on Breonna Taylor’s home were arrested and charged with civil rights offenses, unlawful conspiracies, unconstitutional use of force and obstruction offenses, Attorney General Merrick Garland said at a press conference.
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GAINESVILLE, Fla. (AP) — Florida track and field coach Mike “Mouse” Holloway is getting a four-year extension that puts him under contract through 2032. He led the Gators to three national championships in the past season: the men’s and women’s outdoor titles and the women’s indoor title. Athletic director Scott Stricklin announced the extension on
Continue Reading By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — A U.S. security firm says a cyberattack that temporarily shut down some Albanian government digital services and websites in mid-July was likely the work of pro-Iranian hackers seeking to disrupt an Iranian opposition group’s conference in Albania. In a report Thursday, Mandiant expressed “moderate confidence” the
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macamilarincon (CNN) –– Brittney Griner, basquetbolista estadounidense detenida en Rusia, fue condenada este jueves a 9 años de prisión en un tribunal de Moscú por contrabando de drogas con intención criminal. La sentencia ocurre en medio de preocupaciones de que la estrella de la WNBA esté siendo utilizada como un peón político en la guerra
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By MJ Lee, CNN Political Correspondent The US Department of Health and Human Services waited more than three weeks after the first confirmed case of monkeypox in the US to order bulk stocks of the monkeypox vaccine that the government owns and stores in Denmark be bottled and sent to the US for distribution —
Continue Reading LONDON (AP) — More than 700 Amazon warehouse workers in England staged a protest Thursday in a dispute over pay, in the latest sign of workplace friction stoked by Britain’s cost of living crisis and a growing discontent among employees over wage and working conditions. The GMB union said employees at the facility in Tilbury,
Continue Reading By GRAHAM DUNBAR AP Sports Writer GENEVA (AP) — The world’s richest soccer league starts a new season in England on Friday as the rest of Europe looks for ways to catch up. The English Premier League is a commercial juggernaut off the field. Its broadcasting deals worldwide fuel player transfers and wages most others
Continue Reading By GRAHAM DUNBAR AP Sports Writer GENEVA (AP) — The world’s richest soccer league starts a new season in England on Friday as the rest of Europe looks for ways to catch up. The English Premier League is a commercial juggernaut off the field. Its broadcasting deals worldwide fuel player transfers and wages most others
Continue Reading By Mostafa Salem, Ehsan Popalzai, Paul P. Murphy and Ivana Kottasová, CNN The Taliban have claimed they were not aware that al Qaeda leader Ayman al-Zawahiri was residing in the Afghan capital of Kabul where the US said he was killed in a drone strike over the weekend. “The Islamic Emirate of Afghanistan has no
Continue Reading CNN By Jennifer Hansler, CNN US Secretary of State Antony Blinken said Thursday that he “(hopes) very much that Beijing will not manufacture a crisis or seek a pretense to increase its aggressive military action” as China fired missiles towards waters near Taiwan as part of exercises near the self-governing island in the wake of
Continue Reading By AJ Willingham, CNN At the Austin Public Library in Texas, banned books are hot for the summer. In partnership with BookPeople, Texas’ largest independent bookstore, the library has been hosting a “Banned Camp” to celebrate free speech amid increasing pressure to restrict access to certain content. All summer long, the institutions have been holding
Continue Reading By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — The employment market appears to have lost some of its sizzle, a development that could influence Federal Reserve policy and further raise concerns about an economic recession among investors. Job openings have been edging lower since April as rising inflation tightened its grip on
Continue Reading By Anna Bahney, CNN Business Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April. The 30-year fixed-rate mortgage averaged 4.99% in the week ending August 4, down from 5.3% the week before, according to Freddie Mac. But that is still significantly higher than this time
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EL PASO, Texas — The Great Khalid Foundation is back to help students with the new school year. The foundation will be at Riverside Middle School tomorrow distributing backpacks to every 6th grade student. Not only will your 6th grader get a backpack but the backpack will come with some essential items so your student can be
Continue Reading By MATT OTT AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate fell below 5% for the first time in four months this week, just after the Federal Reserve jacked up its main borrowing rate in an aggressive effort to get inflation under control. Mortgage buyer Freddie Mac reported Thursday that the
Continue Reading By JENNA FRYER AP Auto Racing Writer Ford and its teams head home to Michigan International Speedway looking for improved success. The Ford organization has just four victories through the first 22 races of the season. Joey Logano has two of the wins. It’s not acceptable to Ford, which trails both Chevrolet and Toyota in
Continue Reading By Nadine Schmidt, CNN A large fire broke out on Thursday morning in one of Berlin’s biggest city forests — the Grunewald — following several explosions at a police-run munitions disposal site inside the forest. The blaze spread across 15,000 square meters (3.7 acres), according to Berlin’s fire brigade. Big explosions could be heard from
Continue Reading By DAVID KLEPPER and SOPHIA TULP Associated Press In the thick of Kansas’ contentious debate over abortion rights, the anonymous text messages arriving on the eve of the big referendum this week seemed clear enough. “Voting YES on the Amendment will give women a choice.” The only problem: It was a lie, transmitted by text
Continue Reading American conservatives get ready to welcome Hungarian PM Viktor Orban, who railed against race mixing last month
Continue Reading By Michelle Toh, CNN Business Alibaba just posted flat revenue growth for the first time since becoming a public company, but investors don’t seem to mind. Shares of the Chinese tech and e-commerce giant jumped more than 6% in premarket trading in New York on Thursday. Its stock in Hong Kong had earlier closed up
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