Posted inEconomy

Fed’s preferred inflation gauge hits three-year high in May

The Federal Reserve's preferred inflation gauge climbed to 4.1% year-over-year in May, marking the highest reading in three years and signaling persistent price pressures across the American economy. The personal consumption expenditures price index, released Thursday by the U.S. Commerce Department, represents a significant milestone in the inflation narrative that has dominated economic policy since […]

Posted inBusiness

Shell commits $5 million in humanitarian aid for earthquake-stricken Venezuela

Shell announced a $5 million humanitarian commitment Thursday in response to devastating earthquakes that struck Venezuela this week, leaving communities damaged and families in need of immediate assistance. The funds will be distributed through established humanitarian channels, primarily the World Food Programme, along with local organizations operating in Venezuelan communities. Shell has specifically targeted the […]

Posted inSports

Atlanta’s FIFA Fan Fest draws record 275,000 spectators

More than 275,000 people have gathered at Centennial Olympic Park over 11 days to watch World Cup matches on massive screens, making Atlanta home to the nation's most-attended FIFA Fan Fest experience. The attendance figures dwarf those at Mercedes-Benz Stadium, which hosted four World Cup matches with combined attendance exceeding 270,000. Atlanta's Fan Fest numbers […]

Posted inEconomy

Extreme heat threatens Europe’s economic productivity

When Monique Mosley clocked in at her Yorkshire food factory during June's brutal heatwave, she knew it would be a grueling shift. She manufactures hot-filled food products in an environment already reaching the upper 30s Celsius, and now the outside world was matching those temperatures. Thanks to her union's intervention, she secured extra breaks. But […]