Key inflation indicator jumps 3.6 percent, fastest rise in 30 years
A key inflation indicator rose 3.6 percent in July from last year — its biggest year-over-year jump in 30 years — as costs continued to build in the US economy, the feds said Friday.
US: Economy Advanced 6.6% from April to June
The United States said Thursday its economy grew at an annualized 6.6% rate in the April-to-June period as the world’s largest economy continued its recovery from the coronavirus pandemic.
Biden seeks cyber solutions from tech and business execs at White House summit
President Biden asked executives from major tech companies, banks, and other businesses taking part in a White House summit Wednesday to brainstorm solutions to the onslaught of hacks and cyberattacks damaging the country’s economy.
Iran’s Internet Restrictions Threaten Underground Church
Christians in Iran meeting mostly in secret house groups to avoid detection by police face new challenges as the Islamic government seeks more internet restrictions, according to sources familiar with the situation.
Afghanistan has $1 trillion worth of essential mineral deposits
Although Afghanistan is desperately poor, the Taliban now rule over a nation with nearly $1 trillion worth of mineral deposits that the world needs to manufacture clean technologies, CNN Business reports. Experts have said that Afghanistan has the natu…
US jobless applications continue steady decline
The number of US citizens applying for unemployment benefits fell for the third week in a row last week, the Washington Times reports. On Thursday the Labour Department said unemployment claims had fallen to 375,000 from 387,000 the previous week.
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