NATO has agreed to bring Ukraine closer to the alliance, and reinforce its collective deterrence and defense. In their first working session at the Vilnius Summit, the leaders of the 31-member defense group agreed to a package of three elements bringing Ukraine closer to NATO. This includes a new multi-year assistance program to facilitate the transition of the Ukrainian armed […]

The release of Prime, a drink brand founded by the YouTube personality and boxer Logan Paul, had British teenagers lining up for hours outside grocery stores on its release date in December. Some supermarkets were even forced to limit purchases to one bottle per customer. Now, Prime is facing a backlash from physicians and lawmakers who say that the high […]

Bank of America withheld promised perks from some of its credit card customers, double-charged overdraft fees and secretly opened card accounts in customers’ names without their knowledge or consent, federal regulators said on Tuesday. The Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau, which oversee the banking industry, levied $150 million in fines against the […]

The Reserve Bank of Australia decided to keep its key rate unchanged unexpectedly on Tuesday in order to assess the impact of the previous tightening on the economy and its associated risks. The board of the Reserve Bank of Australia, led by Governor Philip Lowe, left the cash rate target unchanged at 4.10 percent. Although further tightening of policy may […]

OpenAI, artificial intelligence startup, is facing legal action as award-winning novelists Paul Tremblay, Mona Awad, Sarah Silverman, Christopher Golden, and Richard Kadrey have sued the company, alleging copyright infringement. The lawsuits were filed in the Northern District Court of San Francisco and claim that OpenAI trained its language model, ChatGPT, on their books without obtaining proper consent, thereby violating copyright […]

Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes […]

European stocks traded higher on Monday as weak Chinese data raised hopes of additional stimulus. A private survey showed China’s factory activity slowed in June, raising calls for more stimulus to boost growth. Closer home, the final Eurozone PMI Manufacturing reading for June has been finalized at 43.4 versus 43.6 preliminary as demand for goods fell sharply at the end […]

It isn’t enough that the U.S. Post Office offers mediocre service as it handles fewer letters and packages than a decade ago. The high price of a First Class stamp is higher again, with only the thinnest of excuses for Postal Service management. A First Class mail stamp price rises to $.66 from $.63 in January. In January, the price […]

According to the U.S. Census Bureau’s 2020 American Community Survey, the typical American household earns an estimated $64,994 annually. In dozens of small towns across the country, however, most households are earning only a fraction of that amount. 24/7 Wall St. reviewed ACS data on median household income for nearly 13,000 communities nationwide to identify America’s 50 poorest towns. For […]