Jul 14 Watch 8:04 Innovative Pittsburgh job center trains disadvantaged youth By Fred de Sam Lazaro, Simeon Lancaster Despite a robust job market in recent years, the career path for some, notably young people of color, is often dampened by a lack of skills needed for good jobs in today’s economy. In Pittsburgh, one group is trying to… Continue watching
Jul 14 Bitcoin requires an immense amount of energy. Here’s why that’s sparking a crypto backlash By Judith Lewis Mernit, Yale Environment 360 The enormous energy demands of Bitcoin mining are prompting some U.S. municipalities to impose moratoriums or outright bans on cryptocurrency facilities. Bitcoin mining activity, critics warn, is leading to electricity price hikes and a revival of dirtier sources of power. Continue reading
Jul 13 Watch 5:45 Soaring costs drive inflation increases above expectations Inflation in the U.S. is the highest in four decades and new numbers out Wednesday show no signs of letting up. The Labor Department reported consumer prices jumped 9.1 percent from last year. Gas prices, furniture, clothing, healthcare, groceries and… Continue watching
Jul 13 Watch 3:39 News Wrap: Ukraine and Russia hold first direct talks in months In our news wrap Wednesday, Ukraine and Russia held their first direct talks in months about resuming grain shipments through the Black Sea where a Russian blockade has halted exports, Sri Lanka's president has officially fled the country, protests over… Continue watching
Jul 13 Why the U.S. inflation surge is accelerating, and when it may ease By Paul Wiseman, Associated Press Inflation's relentless surge didn't merely persist in June. It accelerated. For the 12 months ending in June, the government's consumer price index rocketed 9.1 percent, the fastest year-over-year jump since 1981. Continue reading
Jul 13 Amazon handed Ring doorbell footage to police without user consent By Haleluya Hadero, Associated Press Amazon has provided Ring doorbell footage to law enforcement 11 times this year without the user's permission. The disclosure came in a letter Amazon sent on July 1 and was made public on Wednesday by U.S. Sen. Edward Markey. Continue reading
Jul 13 U.S. inflation at 9.1 percent, a record high By Christopher Rugaber, Associated Press Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike by the Federal Reserve, with higher borrowing costs to… Continue reading
Jul 12 WATCH: Former Twitter employee says he tried to sound alarm on Donald Trump’s tweets leading up to Jan. 6 By Amanda Seitz, Associated Press A Twitter employee testified that he spent a sleepless night on Jan. 5, 2021, worrying that people might die the next day during a rally that Trump regularly promoted with angry rhetoric on his social media accounts. Continue reading
Jul 12 Watch 5:13 News Wrap: Ukrainian forces strike ammunition depot in Russian-occupied Kherson In our news wrap Tuesday, Ukraine's military said it destroyed a Russian ammunition depot in outside the occupied city of Kherson, the U.S. military killed the leader of the Islamic State group in Syria, Mexico's president calls for end to… Continue watching
Jul 12 Twitter sues to force Elon Musk to complete his $44 billion acquisition By Matt O'Brien, Associated Press Musk and Twitter have been bracing for a legal fight since the billionaire said Friday he was backing off of his April agreement to buy the company. Continue reading