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By Tami Luhby, CNN Although Americans have been paying a lot more at the pump and the supermarket this year, they have largely been spared from price hikes for their job-based health insurance and doctor visits. But that’s about to change. Most workers can expect to see premiums and out-of-pocket costs increase in 2023 at
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By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The managing director of the International Monetary Fund urged global policymakers to stop inflation from becoming “a runaway train″ at a time of extraordinary economic turmoil. The IMF’s Kristalina Georgieva noted that the world economy “has been hit by one shock after another″ — the coronavirus
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STOCKHOLM (AP) — Swedish home furnishings giant IKEA says that despite “unprecedented challenges” caused by the war in Ukraine, supply chain disruptions, increased inflation and lingering fallout from the COVID-19 pandemic, 2022 had been an “exceptional year.” IKEA on Thursday reported a 5.6% increase in retail sales this financial year. The chief executive of the
Continue ReadingBy Ryan Hughes and Jasmine Payoute Click here for updates on this story PHILADELPHIA (KYW) — Three Philadelphia SWAT officers were shot Wednesday morning while serving an arrest warrant in North Philadelphia. The officers returned fire, striking and killing a 19-year-old wanted for a homicide. On that street, neighbors say their kids dropped to the
Continue Reading By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates aggressively. Consumer prices rose 8.2% in September compared with a year
Continue ReadingBy Najahe Sherman Click here for updates on this story MIAMI (WFOR) — Charlotte Mather-Taylor has been busy since Hurricane Ian ravaged southwest Florida communities. As the CEO of the Area Agency on Aging of Broward, it is crunch time. “We are part of a network of Area Agency on Aging offices, and we’ve been
Continue Reading BERLIN (AP) — Germany wants to introduce a public transit pass that costs 49 euros ($47) a month and will be valid nationwide. The proposal follows on from a wildly successful “9-euro ticket” in Germany for three months this summer as part of efforts to help people switch to environmentally friendly transport. One of its
Continue ReadingCNN, TWITTER, ECHOMADMAN, TWITTER, TPYXANEWS, TWITTER, MATTIA_N, GETTY IMAGES, RUSSIAN MOD, CNN By Ivana Kottasová, CNN Ukraine has asked its allies to supply it with more air defense systems and ammunition after Russia stepped up its use of “kamikaze drones” in its brutal assault against the country. Kyiv said Moscow has used Iranian-supplied kamikaze drones
Continue ReadingBy Ivana Kottasová, CNN Ukraine has asked its allies to supply it with more air defense systems and ammunition after Russia stepped up its use of “kamikaze drones” in its brutal assault against the country. Kyiv said Moscow has used Iranian-supplied kamikaze drones in strikes against Kyiv, Vinnytsia, Odesa, Zaporizhzhia and other cities across Ukraine
Continue Reading MADRID (AP) — The former head of safety for Spain’s state-owned rail infrastructure company has told a court that he was not responsible for the 2013 train crash that killed 80 passengers. Andrés Cortabitarte and the train’s driver are both facing four-year prison terms if found guilty of professional negligence. Spanish news agency Efe reported
Continue Reading By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A fifth union has now ratified its deal with the major freight railroads just days after one of the largest rail unions rejected their tentative agreement. The five-year deal includes 24% raises and $5,000 in bonuses for workers who have gone without a raise since
Continue ReadingBy Jermont Terry and Charlie De Mar Click here for updates on this story CHICAGO (WBBM) — A woman has been charged with murdering her landlord who was found dismembered in an Arcadia Terrace home. As CBS 2’s Jermont Terry reported Wednesday night, Sandra Kolalou, 36, is charged with the murder of 69-year-old Frances Walker
Continue Reading By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates reached their highest level in more than two decades this week and are likely climb further as the Federal Reserve all but promised more rate increases as it tries to tamp down inflation. Mortgage buyer Freddie Mac reported Thursday that the
Continue ReadingBy Web staff Click here for updates on this story ST. LOUIS, Missouri (KMOV) — A retired priest from St. Louis pleaded guilty to federal charges of possession of child pornography. According to court documents, James Beighlie, 72, admitted in court that colleagues of his at the Congregation of the Mission in St. Louis found
Continue ReadingBy Anna Bahney, CNN After taking a breather last week, mortgage rates rose again — moving even closer to 7%. The 30-year fixed-rate mortgage averaged 6.92% in the week ending October 13, up from 6.66% the week before, according to Freddie Mac. It is the highest average rate since April 2002. A year ago, the
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Melissa Velásquez Loaiza Seúl, Corea del Sur (CNN) — El líder de Corea del Norte, Kim Jong Un, advirtió este jueves a sus adversarios que sus fuerzas nucleares están completamente preparadas para una “guerra real”, un día después del último lanzamiento del país aislado en una reciente serie de pruebas de misiles. “Nuestras fuerzas de
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Modernism Week – October kicks off on Thursday with four days for people to experience mid-century architecture, culture, and design. The annual festival takes place throughout homes in Palm Springs from October 13 to October 16. It’s a smaller version of the 11-day festival held annually in February. There are more than 50 different events
Continue ReadingBy Lisa Respers France, CNN Brendan Fraser wasn’t a part of the 2017 reboot of “The Mummy,” but he has a theory about why the Tom Cruise led film wasn’t a blockbuster. “It is hard to make that movie,” Fraser told Variety. “The ingredient that we had going for our Mummy, which I didn’t see
Continue Reading By TOM MURPHY AP Health Writer Walgreens Boots Alliance topped earnings forecasts in the final quarter of fiscal 2022, and the drugstore chain’s early look at 2023 also fell mostly above expectations. A drop in COVID-19 vaccinations and a big charge tied to the company’s United Kingdom stores weighed on results, but shares edged up
Continue Reading By STAN CHOE AP Business Writer NEW YORK (AP) — A spirits-crushing report on inflation is battering Wall Street Thursday, and stocks are buckling toward their weakest levels in almost two years. The S&P 500 was 2.2% lower in early trading after worse-than-expected data showed inflation is not slowing and instead is spreading more widely
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