The recent Federal Reserve meeting in June revealed that while inflation is moving in the right direction, it is not doing so quickly enough for officials to consider lowering interest rates. The participants expressed their need for more favorable data to increase their confidence in the sustainability of inflation moving towards the targeted 2 percent.
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Ford reported a 1% increase in sales during the second quarter compared to the same period last year. This growth was primarily driven by a 5% increase in truck sales, with a total of 308,920 trucks sold during the quarter. The F-Series, which is a part of Ford’s truck lineup, saw sales totaling 199,463 vehicles,
The search for the missing teenager, Jay Slater, in Tenerife continues as his family remains dedicated to finding him. Despite the police land hunt being called off on June 30th after 12 days of searching, his family is determined to keep looking. Jay was last heard from on June 17th, when he set off to
The recent discovery of ancient cave art in Sulawesi, Indonesia has shed new light on the early history of human artistic expression. Through advanced dating techniques, researchers have determined that these artworks could be the oldest known examples of figurative and narrative art in the world, dating back over 51,200 years ago. The team of
OnePlus, the popular smartphone company, is reportedly in the works of developing an innovative artificial intelligence feature that will revolutionize the way users interact with their devices. This feature will allow users to generate text summaries from voice recordings, adding a new level of convenience and efficiency to their daily lives. The latest version of
Hurricane Beryl has wreaked havoc in the Caribbean, being declared the strongest-ever hurricane in July. The tropical cyclone has set various records, with experts pointing to climate change as a contributing factor. It developed at a rapid pace earlier in the year compared to similar phenomena, making it the strongest hurricane on record for both
In the upcoming 2024 WNBA All-Star Game, fans can look forward to seeing two rookie sensations, Caitlin Clark of the Indiana Fever and Angel Reese of the Chicago Sky, showcase their talents on the court. As the No. 1 and No. 7 picks in the 2024 draft, Clark and Reese have quickly made a name
The Biden administration has recently taken action by revoking eight licenses that allowed certain companies to ship goods to Chinese telecoms equipment giant, Huawei. This move was first reported in a document by Reuters as part of the government’s efforts to put pressure on the resurgent company. These licenses were granted by the Commerce Department,
Ryan Reynolds, known for his witty social media presence, recently shared a new Deadpool photo on his Instagram Story that had fans buzzing. The image, depicting the Marvel superhero’s back in a forest setting, drew comparisons to Taylor Swift’s Evermore album cover. Reynolds even went as far as adding Swift’s music to the post, sparking
The recent data on non-fungible tokens (NFTs) paints a grim picture of the market, with a noticeable decrease in sales globally. According to Cryptoslam, the average sale prices of NFTs have plummeted by almost 60 percent between March and June of this year. This significant drop in value is alarming for both collectors and sellers