US

The hot dog eating world was taken by storm when Patrick Bertoletti emerged as the new champion at Nathan’s Hot Dog Eating Contest, dethroning the 16-time winner, Joey Chestnut. Bertoletti, a 39-year-old from Illinois, devoured an impressive 58 hot dogs in the 10-minute event, claiming the coveted Mustard Yellow Belt in the men’s category. On
The Federal Reserve officials discussed in their June meeting that inflation is gradually moving towards their target of 2%, but not at a pace that would warrant lowering interest rates. The meeting minutes released on Wednesday revealed that additional positive data is needed for them to have greater confidence in the sustainability of inflation towards
Boeing’s recent announcement of the acquisition of Spirit AeroSystems has sent shockwaves through the aviation industry. The deal, valued at $8.3 billion, has raised eyebrows and prompted discussions about the implications for safety and quality control in Boeing aircraft. Implications of the Acquisition By bringing Spirit AeroSystems in-house, Boeing aims to fully align their production
As former Presidents Barack Obama and Bill Clinton attempted to provide reassurance following President Joe Biden’s debate stumble against former President Donald Trump, they highlighted the need to acknowledge the recent debate disaster while redirecting the focus to the bigger picture. Despite their efforts to downplay the impact of the debate blunders, the reality is
The upcoming release of the personal consumption expenditures price index by the Commerce Department is anticipated to bring positive news on the inflation front. Market analysts expect the index to indicate minimal to no monthly escalation for May, marking the first instance of such a trend since November 2023. Particularly noteworthy is the core PCE