The Commerce Department reported Wednesday that the Personal Consumption Expenditures price index rose 3.7 percent in July compared with a year earlier, matching June's annual pace. Inflation remains well above the Federal Reserve’s 2.0 percent target, driven by high service costs, energy market disruptions, and supply chain adjustments. Excluding volatile...
Two-time Olympic gold medalist Alysa Liu announced Tuesday on social media that she will skip the upcoming 2026–2027 figure skating season to recalibrate her training and artistic development. The 21-year-old American figure skater made history at the 2026 Winter Games in Milan, becoming the first U.S. woman since Sarah Hughes...
PacWave South, a grid-connected wave-energy testing facility off Oregon, opened Wednesday after receiving Energy Department approval under President Donald Trump, creating a new U.S. test bed for marine-power technology. Oregon State University developed the facility, about seven miles offshore near Newport, to let companies test wave-energy converters in open-ocean conditions...
Orlando Bloom has abruptly departed the independent survival thriller Reset just days before principal photography was scheduled to begin. Bloom was attached to star as the male lead opposite Priyanka Chopra while also serving as an executive producer on the project. No public reason has been disclosed for his sudden...
Rapper Eminem publicly shared a personal letter received from country music icon Dolly Parton following her death at age eighty from cancer. Parton addressed an unexplained connection and mutual admiration between the two artists across their distinct musical genres in the correspondence. Eminem released the text of the letter on...
Panda Express co-founders Andrew and Peggy Cherng operate the restaurant chain with a focus on internal talent mobility and associate financial success. By structuring career advancement through corporate development initiatives such as the University of Panda, entry-level restaurant associates receive leadership training required to transition into general management roles. Store...
Astronomer board of directors launched a formal investigation after a viral TikTok video showed Chief Executive Officer Andy Byron embracing Chief People Officer Kristin Cabot during a Coldplay concert in Boston. The clip, captured on the band's Kiss Cam segment at Gillette Stadium, featured frontman Chris Martin commenting on the...
Meta Platforms agreed to pay up to $16.68 billion to resolve lawsuits brought by multiple U.S. states alleging its platforms foster addiction and harm youth mental health. Under the terms of the settlement, Meta explicitly denies all legal liability and wrongdoing. The agreement requires Meta to implement major platform safeguards,...
State and local governments across the United States have filed lawsuits challenging the Trump administration's policy of withholding federal public-safety and counterterrorism funding from jurisdictions refusing to adopt new election rules. The dispute centers on executive actions requiring measures such as mandatory paper ballots, proof-of-citizenship verification, and hand-counted audits. Municipalities...
The United States technology sector has exceeded its total 2025 job losses, with 127,180 layoffs recorded across 281 companies by mid-August 2026. Major technology corporations including Microsoft, Apple, Amazon, and Oracle are executing aggressive operational restructuring to fund massive artificial intelligence infrastructure investments. Combined capital expenditures for leading tech firms...
