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Top economist Mohamed El-Erian said many have lost faith in the Fed. Photo by Rob Kim/Getty Images The Fed raised interest rates by 75 basis points on Wednesday, marking its third straight rate hike. It signaled more hikes ahead to tame inflation, but the move risks tipping the economy into recession. El-Erian said higher, faster […]
Mountains of research has documented the health problems suffered by Holocaust survivors but a new study has found that, despite this, people who survived the Nazi death camps live longer than those who were spared the atrocities. Starvation, torture and the concentration camps’ dreadful living conditions left survivors suffering from a range of chronic illnesses […]
Namibia Airport narrowly avoided a serious accident when a train of four luggage trolleys was sent flying at high speed towards a stationary plane. A viral video of the dramatic incident shows airport workers at Hosea Kutako International Airport desperately trying to run after the trolleys and stop them crashing into the aircraft. The train’s […]
As part of a case involving members of the MS-13 gang, the US Department of Justice has been pushing to get access to Facebook Messenger voice calls. It even attempted to hold Facebook in contempt of court last month when the company pushed back on a wiretap order. Now, Reuters reports that a US District […]
Mark Wilson/Getty Images The government will shut down if no funding bill is passed by the end of Friday. Conservative House members in the Freedom Caucus are currently against the Republican leadership’s plan to avoid the shutdown, putting the plan in jeopardy. President Donald Trump called into a Freedom Caucus meeting in an attempt to […]
FOOTBALL Federation Australia chairman Steven Lowy has avoided the sack and a FIFA takeover of the local game after the world governing body agreed to lead bitterly divided stakeholders through more negotiations. Australia’s warring factions had been waiting nervously on the fate of Lowy and his board after the future of the game’s governance was […]
After Hurricane Maria hit Puerto Rico, more than 2.5 million residents are still without power. Officials estimate that more than one-third of residents still don’t have access to clean water. Aid agencies and relief experts say that some of the problems could have been avoided. The numbers associated with the current situation in Puerto Rico, […]
But one star has admitted they were so excited that they about the prospect of dancing with their professional partner that they avoided them for a week. Susan Calman confessed that she was stunned when she heard she would be dancing with Kevin Clifton but during rehearsals she stayed away from him. Speaking of the […]
REUTERS/Jonathan Ernst Marching in local July 4 parades is a tradition for members of Congress, who use the holiday to show their constituents that they are part of the communities they represent. But this July 4, a number of Senate Republicans sat out the festivities, deciding instead to lay low amid a fierce debate over […]
Hollis Johnson Panera Bread just hit a major digital milestone. On Tuesday, the fast-casual chain announced it was on track to surpass $ 1 billion in digital sales, or sales made through kiosks, mobile, and web, in 2017. At the end of the first quarter, 26% of Panera’s sales were digital. Blaine Hurst, Panera’s president, said that figure […]
