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Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
Prices that consumers pay for a variety of goods and services rose more than expected in December, according to a Labor Department measure Thursday that shows inflation still holding a grip on the U.S. economy. The consumer price index increased 0.3% for the month, higher than the 0.2% estimate at a time when most economists…
Amazon rivers fall to lowest levels in 121 years amid a severe drought | CNN
Reuters  — Rivers in the heart of the Amazon rainforest in Brazil fell to their lowest levels in over a century on Monday as a record drought upends the lives of hundreds of thousands of people and damages the jungle ecosystem. The port of Manaus, the region’s most populous city, at the meeting of the…
Shipping giant Maersk to divert vessels away from the Red Sea ‘for the foreseeable future’
The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Danish shipping giant Maersk said Friday it would extend its diversion of vessels from the Red Sea for the “foreseeable future” due to safety concerns amid a spate of…
FAA investigating if Boeing failed to ensure certain aircraft were safe for operation after door blew on Alaska Airlines plane
A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon. Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Thursday said it has informed Boeing that it’s investigating whether the company…
Uvalde Elementary School Shooting | CNN
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UK mortgage rates are finally falling as homeowners hope for some relief
U.K. mortgage rates are falling as markets anticipate the Bank of England will start cutting interest rates toward the middle of the year — but uncertainty is likely to continue to dent buyer confidence. HSBC announced cuts beginning Thursday on its residential mortgage interest rates, with several falling below 5% for the first time since April…
