The latest U.S. inflation data from this week would suggest a slowdown in the rate of inflation – signalling an end to rate hikes this year.
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Latest breaking news stories from the U.S.
US house prices cooling at fastest rate in over 10 years
The second recorded monthly decline in US house price growth comes as mortgage rates go up due to tightening economic policy.
New study reveals more than 50% of U.S. workers feel mentally unwell and require time away
Over half (56%) of American employees, particularly Millennials and Gen Z, reported feeling mentally ill in the preceding year, according to new study from employee benefits provider Unum.
$5.8 billion in outstanding student loans to be written off by Department of Education
The U.S. Department of Education’s announcement on Wednesday to write off $5.8 billion in student loans will affect over 560,000 individuals that enrolled in schools operated by Corinthian Colleges.
Thousands march in Boston against strict vaccine mandates
Protesters are urging Boston Mayor Marty Walsh to repeal vaccine mandates, which they say have resulted in job losses.
Consumer confidence rises in December despite Omicron impact on U.S. economy
After an upward revision in November, the Conference Board Consumer Confidence Index rose again in December. The Index is now at 115.8 (1985=100), up from 111.9 in November (an upward revision).
Businesses warned of elevated cybersecurity threat level over the holidays
Officials from the Biden Administration today warned the business community that there was an increased risk of cyberattacks throughout the upcoming holiday season.
Queen Elizabeth II honored at the Library of Congress with Justice Ruth Bader Ginsburg Woman of Leadership Award
President Joe Biden, Chief Justice John G. Roberts, Jr., Speaker Nancy Pelosi, House Republican Leader Kevin McCarthy, and other dignitaries congratulated Her Majesty Queen Elizabeth II on being named “The most deserving woman of leadership of our time.”
Researchers from Einstein and Montefiore awarded $7.6 million in NIH grants to study depression in people living with HIV
The National Institutes of Health (NIH) has awarded researchers from Albert Einstein College of Medicine and Montefiore Health System two five-year grants totaling $7.6 million to investigate structural and chemical changes in the brains of people living with HIV.
Star Trek actor William Shatner boldly goes where no man has gone before in historic space flight
The second crewed trip of the commercial New Shepard spaceship, with legendary “Star Trek” actor William Shatner and other notable passengers, took place today, marking another spectacular first in the universe of NewSpace.