The Congressional Medal of Honor is the nation’s highest military honor, awarded by Congress to members of the military. It is given to those “who distinguish themselves through conspicuous gallantry and intrepidity at the risk of life above and beyond the call of duty.”  The Navy, Army, and Air Force began to award the MOH in different years. The Navy […]

Inflation has driven up the prices of nearly all goods and services, including necessary items such as groceries. The cost of a gallon of milk is up 25% compared to pre-pandemic prices. According to a report by Moody’s Analytics, American families pay $311 more each month, on average, for essential goods compared to one year ago. To survive the price […]

Goodyear (GT) on Tuesday announced a recall of about 173,000 G159 tires used on recreational vehicles due to tread separations. Goodyear’s G159 tires have been under investigation by the National Highway Traffic Safety Administration since December of 2017. On Tuesday, the agency said it has asked the company to recall those tires. NHTSA opened a preliminary evaluation on December 28, […]

The Congress has passed the Ocean Shipping Reform Act, which will help fix supply chains and ease shipping backlogs, with bipartisan support. Reducing bottlenecks at U.S. ports and improving conditions for agricultural exports are key to pave the way for lower costs for American retailers, farmers and consumers. The Ocean Shipping Reform Act, which unanimously passed the Senate in March, […]

The U.S. Food and Drug Administration approved Eli Lilly and Co.’s Olumiant (baricitinib) oral tablets to treat adult patients with severe alopecia areata, a disorder that often appears as patchy baldness. This is the first FDA approval of a systemic treatment, i.e. treats the entire body rather than a specific location, for alopecia areata. Alopecia areata, commonly referred to as […]

Australia’s central bank raised its key interest rate by half a percentage point on Tuesday, which was the biggest hike since 2000, and vowed to withdraw the monetary support to bring inflation back to the target. The policy board of the Reserve Bank of Australia, headed by Governor Philip Lowe, decided to lift the cash rate target by a bigger-than-expected […]

UTA has acquired the Curtis Brown Group, the UK literary and talent agency that reps Robert Pattinson and Florence Pugh as well as authors including Margaret Atwood. The deal follows the 2020 combination of Curtis Brown and former rival Markham Froggatt and Irwin. Previously, the firm had grown through the acquisitions of Tavistock Wood in 2018, Ed Victor in 2017 and […]

An unhappy, restive mood prevails at the Ford factory Maraimala Nagar, 50 km from Chennai, and the surrounding area. The security is tight — not just Ford security personnel but also Tamil Nadu state police who are posted at the main gate. From September 9, when Ford India announced it was phasing out its units in India and leaving, workers […]

Early cues from the U.S. Futures Index suggest that Wall Street might open higher on Monday. Consumer price inflation, the U.S. Trade Deficit reports, and Consumer Confidence might be the important announcements this week. Asian shares finished mostly up, while European shares are broadly up. As of 7.40 am ET, the Dow futures were up 262.00 points, the S&P 500 […]