Author: IA PressRoom

Gold prices traded higher Wednesday morning after data showed U.S. wholesale prices eased in May, providing another sign that inflation pressures are abating in the face of the Federal Reserve’s monetary tightening campaign. Investors also looked ahead to the central bank’s interest-rate decision and Chair Jerome Powell’s press conference slated for Wednesday afternoon.Price ActionWhat’s happening Data…

Unseasonable heat is already being felt around the world. Insider asked two scientists for simple, effective, and cheap ways to cool down. Regulating your diet, fluid intake, and cooling key parts of the body can be a big help. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Unseasonable heat is already hitting the globe. By the end of May 2023, the Pacific Northwest had already been hit by a heat dome and heatwaves were reported in Asia.”May 2023 was quite warm across the contiguous…

A Fox News chyron appeared to refer to President Biden as a “wannabe dictator” during footage of his remarks from the White House on Tuesday, the same day that former President Donald J. Trump was charged with federal crimes in a Miami courtroom.The onscreen text appeared briefly at the bottom of a split-screen broadcast that showed President Biden and former President Trump speaking from respective podiums, at the White House and a Trump golf club in Bedminster, N.J.“Wannabe dictator speaks at the White House after having his political rival arrested,” the chyron read. It did not refer to Mr. Biden…

The Supreme Court is set to rule on Biden’s student loan forgiveness plan, and a decision could come … [+] this week.getty A Supreme Court decision on President Joe Biden’s sweeping student loan forgiveness initiative is imminent. A ruling has long been expected by the end of June, but the Court may be poised to release its opinion before then. Here’s the latest. Biden’s Student Loan Forgiveness Plan To Be Decided By The Supreme Court Biden’s sweeping, one-time student loan forgiveness plan, which he first unveiled nearly a year ago, would provide up to $20,000 in one-time debt relief. Borrowers…

Source: Pexels.comDigital asset tracking firm, Elliptic, has revealed that losses suffered by users of Atomic Wallet have escalated to more than $100 million.It appears that over 5,500 wallets linked to this crypto storage platform have been compromised.We have received reports of wallets being compromised. We are doing all we can to investigate and analyse the situation. As we have more information, we will share it accordingly.For any questions and concerns, contact [email protected]— Atomic – Crypto Wallet (@AtomicWallet) June 3, 2023 Despite the magnitude of the breach, Atomic Wallet has yet to provide an explanation for the losses. The company, which acknowledged…

Justin Paget/DigitalVision via Getty Images Shoals Technologies (NASDAQ:SHLS) said Wednesday it appointed Brandon Moss as its new CEO effective July 17, succeeding interim CEO and President Jeff Tolnar, who will continue to serve as the company’s President. Moss most recently was President of the Tools, Components, & Assembled Solutions Group at Southwire Company, an $8B revenue company and one of North America’s largest wire and cable manufacturers and market leader in the construction, utility, and industrial markets. Tolnar had succeeded CEO Jason Whitaker, who stepped down in November 2022 due to health problems. More on Shoals Technologies:

A restaurant got a person “identified as a priest” to ask staff to confess to workplace “sins,” an ex-worker said. They told a court the “priest” asked if they had stolen from the Sacramento, CA restaurant or harmed their employer. The DOL had been investigating the restaurant’s pay practices when the person was called in. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A restaurant in Sacramento, California got a “priest” to ask staff to confess to workplace “sins,” like whether they had stolen…

Venturing back into the nation’s culture wars, the Republican-controlled House is taking up legislation that GOP lawmakers say would protect gas stoves from overzealous government regulators.A bill approved Tuesday would prohibit use of federal funds to regulate gas stoves as a hazardous product, while a separate bill set for a vote Wednesday would block an Energy Department rule setting stricter energy efficiency standards for stovetops and ovens.Both bills were set for approval last week, but action was postponed after House conservatives staged a mini-revolt in retaliation for Speaker Kevin McCarthy’s leadership on a measure to raise the debt ceiling. Led…

(Photo by ISSOUF SANOGO/AFP via Getty Images)AFP via Getty Images If you’re deep in debt, it’s stressful and takes over your life. The only thing you can think about is getting out of debt. Scammers prey on this anxiety and have tailored a number of traps to suck you into their swindles. Most debt relief scams come out of the blue. They reach you by email, text or social media. There are plenty of red flags, though. Here’s what you need to know, according to the Cybercrime Support Network: “Scammers offer false promises and deploy high-pressure sales tactics to deceive…

The number of British citizens working in the EU travel industry in frontline roles such as travel reps, ski guides or chalet hosts has fallen by more than two-thirds since Brexit, new research has shown.The cost of obtaining visas, work permits and other paperwork after Brexit was blamed for a sharp reduction in opportunities that particularly hit young Britons hoping to work as “seasonaires” in Europe, the survey of 100 industry executives found.Mark Tanzer, chief executive of trade body Abta, which co-authored the research, urged the government to work with the EU to improve visa and youth mobility arrangements which…