Sectors
US Inflation Up Slightly in June as Consumer Spending Slows Down Amid Declining Income Growth
U.S. inflation in June ticked up slightly to 2.5% annually, while consumer spending cooled, prompting expectations that the Federal Reserve may cut interest rates in September.
Journalists of Australian Newspapers Begin Strike vs. Nine Network Hours Before Paris Olympics
Hundreds of newspaper journalists of Australian commercial media outlet Nine began its nationwide five-day strike to oppose a pay offer from company management while the media firm is set to broadcast the Paris Olympics.
SpaceX Reveals Cause of Recent Falcon 9 Flight Failure, Looks to Return to Flight by July 27
SpaceX said that it identified and fixed the problem that caused a failure in its Falcon 9 rocket in a launch earlier this month after announcing it has filed a mishap report to the FAA.
Manhattan Gemstone Dealer Charged for Diamond Fraud
Manhattan-based diamond dealer Manashe Sezanayev has been charged for alleged fraudulent practices against fellow jewelry merchants.