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Month: May 2024

Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home

By ISABEL DEBRE Associated Press BUENOS AIRES, Argentina (AP) — Government data in Argentina shows that the country’s monthly inflation rate has eased sharply to a single-digit rate in April for the first time in half a year. The figures are a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at

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Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump

By JOSH BOAK, FATIMA HUSSEIN, PAUL WISEMAN and DIDI TANG Associated Press WASHINGTON (AP) — President Joe Biden says in defending his new tariffs on Chinese products that China’s government subsidies ensure its companies don’t have to turn a profit, giving them an unfair advantage in global trade. The Democratic president on Tuesday slapped tariffs

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1,500 Georgia State University applicants got acceptance emails. It was a mistake

By Sydney Bishop, CNN (CNN) — Congratulations seemed in order for roughly 1,500 undergraduate applicants to Georgia State University. Over 1,000 applicants received a “welcome” email for the 2024-25 school year – before discovering their new status was the result of an error by the school’s admissions office. “The email to the prospective students wasn’t

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Red Lobster closes dozens of locations across the US just months after ‘endless shrimp’ losses

By WYATTE GRANTHAM-PHILIPS AP Business Writer NEW YORK (AP) — Dozens of Red Lobster locations across the U.S. are on the chopping block. Restaurant liquidator TAGeX Brands announced this week that it would be auctioning off the equipment of over 50 Red Lobster locations that were recently closed as part of the seafood chain’s “footprint

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Teacher accused of child porn allegedly took photos at school, pools, investigators say

By Miya Shay Click here for updates on this story     KATY, Texas (KTRK) — Tompkins High School teacher James Stone was arrested Monday morning for allegedly possessing and producing thousands of child porn images, according to authorities. Investigators believe he even took some of those photos at Tompkins, where he taught government and history. “I’ve

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