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US inflation has hit a 39-year high in the latest sign of a cost of living squeeze for consumers in the world’s biggest economy. Figures from America’s Bureau of Labor Statistics (BLS) showed consumer price index (CPI) inflation hit 6.8% last month, the biggest year-on-year surge in prices since June 1982. The reading, which was
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With more than a hundred thousand Russian troops now amassed on Ukraine’s border, Western forces now fear a new armed incursion. President Joe Biden warned that if Russia invades Ukraine as is feared, he will bring down the might of US sanctions on Mr Putin’s country in a way that will exact ‘a very real
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Warning: This report contains graphic descriptions of alleged sexual abuse of a child. Ghislaine Maxwell, the former girlfriend of Jeffrey Epstein, is currently on trial, facing eight charges – including six counts of enticing minors and sex trafficking. Spanning a 10-year period from 1994 to 2004, the 59-year-old British socialite’s charges involve four alleged underage
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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The High Court has reversed a decision not to extradite WikiLeaks founder Julian Assange to the US, where he is wanted for publishing classified documents. Mr Assange, 50, is wanted in America over an alleged conspiracy to obtain and disclose national defence information following WikiLeak’s publication of several hundred leaked documents relating to wars in
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Questions have been raised about the future of the prime minister’s standards adviser, after an official investigation contradicted Boris Johnson’s claim he knew nothing about how the refurbishment of his Downing Street flat was being funded. The Electoral Commission said Mr Johnson sent Lord Brownlow, the multimillionaire director of Huntswood, a WhatsApp message in November
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Astronomers have found a giant planet that is 10 times bigger than Jupiter and is orbiting a pair of massive, extremely hot stars, an environment previously thought too inhospitable for a planet to form. Scientists have named the planet “b Centauri (AB)b” or “b Centauri b”. The European Southern Observatory (ESO), which photographed the planet
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India will launch its much-awaited human spaceflight mission in 2023, Union Science and Technology Minister Jitendra Singh said. Named Gaganyaan, the first human space mission to launch from Indian soil was initially set for August 2022, to mark 75 years of India’s independence but the coronavirus-induced pandemic forced a delay in its timeline. Singh acknowledged
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Further measures to control the spread of the Omicron variant come into force in England today – while people in Scotland are urged to defer Christmas parties in response to the variant. The legal requirement to wear masks has been extended in England to cover more indoor spaces including cinemas, theatres, churches, museums, galleries and
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2:10 PM ET Khabib Nurmagomedov‘s MMA promotion has its first United States main event. Tyrone Spong and Antonio “Bigfoot” Silva will headline Eagle FC 44 on Jan. 28 in Miami, officials told ESPN on Monday. The three-round heavyweight bout will mark Spong’s return to MMA after eight years. Spong is a world-class kickboxer and an
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A sign for BlackRock Inc hangs above their building in New York. Lucas Jackson | Reuters LONDON — Stock picking is going to be more important for investors than macroeconomic themes in 2022, according to BlackRock‘s Nigel Bolton. Markets continue to grind higher against a backdrop of uncertainty, and developments on the Covid-19 front, global
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Boris Johnson’s most senior communications adviser addressed staff and handed out awards on the night of the alleged Downing Street party, it is understood. Jack Doyle, the director of communications in Number 10, thanked staff working there “like he does every week”. Downing Street Christmas parties: How many events are now under investigation and when
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As the world grapples with the challenge posed by the Omicron variant, scientists and residents in South Africa are coming to grips with the real-world impact of this worrying strain. This country has already seen two weeks of mass infection and the experience is generating the sort of anecdotal information and scientific observation that will
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11:09 AM ET Associated Press LONDON — Irish jockey Robbie Dunne was given an 18-month suspension on Thursday after being found guilty of bullying and harassing female rider Bryony Frost in a disciplinary case that highlighted a weighing-room culture described as “not conducive to the development of modern-day race-riding.” Dunne was found in breach on
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7:14 AM ET Associated Press NASCAR veteran Landon Cassill will drive for Kaulig Racing in the Xfinity Series in 2022 and is bringing sponsor Voyager Digital with him, which will again pay him entirely in cryptocurrency. Cassill, who has been avid in the the market for several years, pitched NASCAR sponsorship to Voyager CEO Steve
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