ECB and Bank of England raise interest rates again to fight inflation

ECB and Bank of England raise interest rates again to fight inflation

London CNN — Europe’s two largest central banks have hiked interest rates sharply on Thursday, opting for a bigger hike than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England raised their rates an additional half point. Benchmark interest rates … Read more

How do you lose a radioactive capsule? Australian investigators are also wondering

How do you lose a radioactive capsule?  Australian investigators are also wondering

Brisbane, Australia CNN — The discovery of a tiny radioactive capsule lost alongside a lonely highway in Western Australia raises many questions, including how it escaped layers of radiation-resistant packaging loaded onto a moving truck. It’s one of many puzzling aspects of a case that investigators will examine in the coming weeks as they try … Read more

Man dies after fight at college basketball game

Man dies after fight at college basketball game

CNN — A 60-year-old man has died following a brawl that broke out Tuesday night in the town of Alburgh during a college basketball game, Vermont State Police (VST) said Wednesday in a statement. Russell Giroux was taken by ambulance to Northwestern Medical Center in St. Albans where he was pronounced dead, VST said. “The … Read more

Israel targets Gaza with airstrikes after intercepting rocket attack

Israel targets Gaza with airstrikes after intercepting rocket attack

CNN — Israel carried out airstrikes in Gaza early Thursday after intercepting a rocket attack from the coastal enclave, the Israel Defense Forces (IDF) said. In a post on Twitter, the IDF said Israeli warplanes had targeted a chemical production site and a weapons factory belonging to Hamas, the Palestinian militant group that rules Gaza. … Read more

Shell posts nearly $40 billion in profit, announces $4 billion in buyouts

Shell posts nearly  billion in profit, announces  billion in buyouts

Hong Kong/London CNN — Shell made a record a profit of nearly $40 billion in 2022, more than double what it made the year before after oil and gas prices spiked following Ukraine’s invasion of Ukraine. Russia. Europe’s biggest oil company by revenue reported adjusted annual profit of $39.9 billion on Thursday – more than … Read more

Pregnancy complications linked to higher risk of heart disease, study finds

Pregnancy complications linked to higher risk of heart disease, study finds

CNN — According to a new study, five major pregnancy complications are powerful risk factors for ischemic heart disease throughout life, with the greatest risk occurring within a decade of giving birth. Ischemic heart disease refers to heart problems, including heart attack, caused by narrowed or dysfunctional blood vessels that reduce blood and oxygen flow … Read more

Biden proposes ‘junk fee’ bill to cut hidden fees for credit cards and concert tickets

Biden proposes ‘junk fee’ bill to cut hidden fees for credit cards and concert tickets

CNN — President Joe Biden on Wednesday announced further progress on his administration’s “competition agenda,” specifically targeting unwanted fees while calling on Congress to pass legislation targeting hidden fees in multiple sectors. These costs can “drain hundreds of dollars a year from the pockets of hard-working American families, especially people who are already struggling to … Read more

Job postings unexpectedly jump to 11 million in December

Job postings unexpectedly jump to 11 million in December

Minneapolis CNN — Despite the looming threat of recession and the cacophony of mass layoff announcements, American businesses still need workers – 11.01 million of them. The number of job vacancies rose unexpectedly in December, rising from a revised 10.44 million openings in November and beating economists’ expectations of 10.25 million, according to Bureau of … Read more

Russia prepares for ‘maximum escalation’ of war, says Ukraine

Russia prepares for ‘maximum escalation’ of war, says Ukraine

CNN — Russia is preparing for a “maximum escalation” of the war in Ukraine, potentially as early as the next few weeks, according to a senior Ukrainian national security official. “These will be decisive months in the war,” Oleksiy Danilov, secretary of Ukraine’s National Security and Defense Council, told Sky News in an interview broadcast … Read more