Oct 12 X has taken down hundreds of Hamas-linked accounts, CEO says. An expert thinks it’s not enough By Kelvin Chan, Associated Press The head of Musk's social media platform X says the company formerly known has Twitter has removed hundreds of Hamas-linked accounts and taken down or labeled tens of thousands of pieces of content since the militant group's attack on Israel. Continue reading
Oct 12 Social Security recipients will get over $50 more per month on average in 2024 By Fatima Hussein, Associated Press This year's 8.7 percent benefit increase was brought on by record 40-year-high inflation, which pushed up the price of consumer goods. With inflation easing, the next annual increase is markedly smaller. Continue reading
Oct 12 September’s U.S. consumer inflation eased slightly as price pressures cool By Christopher Rugaber, Associated Press Still, on a month-to-month basis, prices are still rising faster than is consistent with the Fed’s 2 percent target. Continue reading
Oct 11 Labor movements are seeing historic victories this year. Can unions keep up the momentum? By Wyatte Grantham-Philips, Associated Press From auto production lines to Hollywood, the power of labor unions is back in the national spotlight. But despite historic strikes and record contract negotiations seen this year, there's still a lot stacked against organizing today. Continue reading
Oct 11 Wholesale inflation in U.S. rose 2.2 percent in September, biggest year-over-year gain since April By Paul Wiseman, Associated Press U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates. Continue reading
Oct 11 Finland police investigate undersea gas pipeline leak as possible sabotage By Associated Press Finland's National Bureau of Investigation, or NBI, says it has started gathering evidence at the location of the leak, which was detected Sunday on the Balticconector pipeline connecting the two NATO allies. Continue reading
Oct 11 WATCH: Biden says the proposed FTC ban on junk fees will help families and ‘honest’ businesses By Josh Boak, Associated Press President Joe Biden on Wednesday announced a proposed rule by the Federal Trade Commission to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills. Continue reading
Oct 11 Exxon Mobil to buy Pioneer Natural for $59.5 billion, doubling down on fossil fuels as energy prices surge By Michelle Chapman, Associated Press Including debt, Exxon is committing about $64.5 billion to the acquisition announced Wednesday, leaving no doubt of the Texas energy company's commitment to fossil fuels as energy prices surge. Continue reading
Oct 10 IMF downgrades global economic growth outlook, cites Mideast war as new risk By Paul Wiseman, David McHugh, Associated Press A series of previous shocks, including the pandemic and Russia’s war in Ukraine, has slashed worldwide economic output by about $3.7 trillion over the past three years compared with pre-COVID trends. Continue reading
Oct 09 UK Labour Party says it will focus on economic growth, not higher taxes By Jill Lawless, Associated Press Britain's main opposition Labour Party says it will focus on economic growth rather than higher taxes to "rebuild" the country after more than a decade of Conservative rule. Continue reading