The call and text message records of tens of millions of AT&T wireless customers and other non-AT&T customers were exposed in a huge data breach in mid-to-late 2022, the company said on Friday.
Read More
Inflation ticked down slightly year-over-year in June as rising prices continue to weigh on average Americans’ finances, according to the latest Bureau of Labor Statistics (BLS) release on Wednesday.
The consumer price index (CPI), a broad measure of the price of everyday goods, increased 3.0 percent on an annual basis in June and decreased 0.1 percent month-over-month, compared to 3.3 percent in May, according to the BLS. Core CPI, which excludes the volatile categories of energy and food, remained high, rising 3.3 percent year-over-year in June, compared to 3.4 percent in May.
Read More
It’s summer, and the Sierra Club says: “This is climate change in action. We are living it.”
The United Nations’ secretary-general declares that “a fossil fuel phaseout is inevitable.” And The Lancet, a respected medical journal, insists that nations must swiftly transition away from hydrocarbons.
Read More
President Joe Biden has spent $225 million paying hundreds of White House staffers since the 2021 fiscal year, federal records show.
The president’s spending on staffers totaled $60.8 million for the 2024 fiscal year, marking the highest level adjusted for inflation recorded over the past two presidential administrations, according to an analysis conducted by Open The Books. Biden employed over 500 staffers in three of the four fiscal years he has been in office, including 565 during the 2024 fiscal year, a headcount benchmark not hit since the Nixon administration in 1971.
Read More
The number of insured unemployed individuals increased by 26,000 to 1,858,000, in the week ending June 29, the highest level since November 2021.
Seasonally adjusted initial unemployment claims reached 238,000, marking an increase of 4,000 from the previous week’s revised figure of 234,000.
Read More
Economic issues dominate the list of top concerns for Pennsylvania voters ahead of the Nov. 5 presidential election, a new poll finds.
A quarter of voters in the swing state ranked “inflation/cost of living” as the No. 1 issue facing Pennsylvanians in a survey released Tuesday from the Commonwealth Foundation, a conservative-libertarian think tank in Harrisburg, Pennsylvania.
Read MoreCapitalism is disappearing, but Socialism is not replacing it. What is now arising is a new kind of planned, centralised society which will be neither capitalist nor, in any accepted sense of the word, democratic.
George Orwell wrote those words nearly 80 years ago.
Read More
The U.S. added 206,000 nonfarm payroll jobs in June as the unemployment rate ticked up to 4.1%, according to Bureau of Labor Statistics (BLS) data released Friday.
Economists anticipated that 190,000 jobs would be added in June, far fewer than the initially reported 272,000 gain seen in May, and the unemployment rate would remain steady at 4%, according to U.S. News and World Report. Strong topline job gains in recent months have led some top economic officials, like Federal Reserve Chair Jerome Powell, to push back against claims that the economy is stalling, despite slow economic growth and high inflation.
Read More
Imagine going to gas stations to fill up your car and finding that two out of ten times, the pumps aren’t working.
That’s what electric vehicle owners are facing, according to a study by the Harvard Business School and the Georgia Institute of Technology.
Read More
A federal judge on Monday temporarily blocked the Biden administration’s ban on new exports of liquified natural gas exports to non-free trade agreement countries.
Judge James Cain Jr. of the Western District of Louisiana issued a preliminary injunction against the U.S. Department of Energy’s partial LNG export ban after more than a dozen states sued, arguing the ban was illegal.
Read More