Year: 2024

The Fed’s preferred inflation measure shows signs of cooling

The Fed’s preferred inflation measure shows signs of cooling

More news - Recent news The Federal Reserve's preferred inflation gauge continues to show signs of cooling, accompanied by moderate growth in consumer spending - good news for central banks as they aim to control rising prices and curb demand. The personal consumption expenditures (PCE) index rose 2.6% year-over-year in May, in line with economists’ expectations and down slightly from a 2.7% gain in April. Excluding the more volatile prices of food and fuel, the “core” inflation measure also rose 2.6% year-over-year, down from 2.8% in April. On a monthly basis, inflation remained remarkably subdued, with overall prices not showing…
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Executioner-turned-TikTok star Shahjahan Bhuiya dies in Bangladesh

Executioner-turned-TikTok star Shahjahan Bhuiya dies in Bangladesh

More news - Breaking news Shahjahan Bhuiya, who rose to fame by executing some of Bangladesh’s most notorious criminals in exchange for reduced sentences for his own crimes and later gained brief fame on TikTok, died on Monday in Bangladesh’s capital Dhaka. The National Police announced on Tuesday that the cause of his death, which occurred in hospital, had not yet been confirmed. Abul Kashem, Bhuiya's landlord, said he took Bhuiya to hospital on Sunday after Bhuiya felt chest pains. Last year, Bhuiya told local media that he was 74, but his national identity card, provided by Kashem, indicated that…
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Rising Drug Costs: Are Pharmacy Benefits Managers to Blame?

Rising Drug Costs: Are Pharmacy Benefits Managers to Blame?

More news - Breaking news For many Americans, the rising tide of prescription drug prices seems like an unstoppable force, threatening to drown family budgets and access to health care. While pharmaceutical companies often shoulder the brunt of public blame, the web of influences on drug costs is much more intricate. Today, we shine a spotlight on a critical, but usually hidden, player in this system: pharmacy benefit managers, or PBMs. Rebecca Robbins, a leading investigative journalist specializing in pharmaceuticals for the New York Times, will take us on a deep dive into the world of PBMs. We will explore…
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South Florida Heat and Panthers chase NBA, NHL titles

South Florida Heat and Panthers chase NBA, NHL titles

More news - Recent news Lifelong friends Martin Schwartz and Matthew Mandel enjoy a rare sports moment as Miami teams compete for championships. Martin Schwartz and Matthew Mandel are living a dream come true. The lifelong friends and South Florida residents have hit the sports jackpot with the Miami Heat and Florida Panthers both making it to the finals, competing for NBA and NHL titles at the same time. Schwartz and Mandel, who have shared season tickets to both teams for years, have seen their fair share of ups and downs. They've endured tough seasons, like the Heat's 15-win campaign…
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Supreme Court Sides With Biden Administration in Social Media Case

Supreme Court Sides With Biden Administration in Social Media Case

More news - Latest news The Supreme Court ruled in favor of the Biden administration in a case involving social media, scoring a significant practical victory. The ruling rejected a Republican challenge that sought to prevent the government from communicating with social media platforms to combat misinformation. In a 6-3 decision, the Court found that the plaintiffs, including states and individuals, did not suffer direct damages that would have entitled them to sue. This decision leaves unresolved broader questions about the First Amendment's limits on government influence over tech companies, which control much of the flow of information online. The…
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Boeing in trouble again for sharing details of plane crash investigation

Boeing in trouble again for sharing details of plane crash investigation

More news - News 24 hours Boeing is facing new criticism after the disclosure of a January crash involving a 737 Max plane. During a factory visit, a Boeing executive revealed details about missing bolts that led to a panel coming off during the crash. flight. This sharing of information angered the National Transportation Safety Board (NTSB), which called it a “blatant violation” of investigative rules. The NTSB is investigating the crash and says Boeing is not permitted to discuss details or speculate on the causes. As punishment, they will limit Boeing's access to information about the investigation and prevent…
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Birdwatchers’ paradise born from Colombian peace agreement

Birdwatchers’ paradise born from Colombian peace agreement

Related media - News 24 hours The 2016 peace treaty, which ended decades of civil conflict in Colombia, has transformed the country into a birdwatcher's paradise. This agreement has liberated vast swathes of forests previously dominated by armed groups, making them accessible to both wildlife enthusiasts and researchers. For years, Colombia's rich biodiversity has been hidden behind the barriers of a long-running civil war. The nation's forests, home to an astonishing variety of bird species, were largely off-limits due to the presence of guerrillas and associated dangers. However, the peace agreement has made these once inaccessible areas accessible, revealing a…
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