During the June meeting, Federal Reserve officials discussed the current state of inflation and its impact on the decision to lower interest rates. The meeting minutes revealed that while there was progress in the right direction, there was still a lack of confidence among participants that inflation was moving sustainably toward the 2 percent target.
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Ford Motor Company reported a 1% increase in sales during the second quarter compared to the same period last year. This growth was primarily driven by a 5% increase in truck sales, which reached a total of 308,920 vehicles. The company noted that this was their best second-quarter performance for trucks since 2019, showing a
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Long before the Renaissance and even before the invention of the written word, humans in what is now Sulawesi, Indonesia, were already expressing their creativity through art. Dating back a staggering 51,200 years ago, these ancient depictions are considered to be the oldest known figurative examples of art in the world. The narrative scenes found
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Hurricane Beryl, the strongest-ever hurricane in July, has wreaked havoc in the Caribbean, leaving a trail of destruction in its path. Not only has it set numerous records for its intensity and rapid development, but it has also highlighted the devastating impact of climate change on natural disasters. The tropical cyclone has shattered records by
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The Biden administration has taken a strong stance against Chinese telecom giant Huawei by revoking eight licenses this year that allowed companies to ship goods to the company. This move comes as part of a broader effort to pressure Huawei, which has been making a resurgence in the market despite previous efforts to curb its
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The U.S. has been facing a concerning issue with excessive fecal bacteria in the ocean, leading to the closure of several beaches. This poses a serious health risk to beachgoers and swimmers, highlighting the importance of monitoring water quality and ensuring public safety. Ongoing Investigation into Teva Pharmaceuticals The Federal Trade Commission (FTC) has initiated
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