June 2024 - Cactus three

A restaurant challenges the president of Venezuela by selling empanadas

30

Jun

New miscellaneous

A restaurant challenges the president of Venezuela by selling empanadas

Related media - News 24 hours Representatives for the IRS did not respond to an email seeking comment. The Hernández sisters were initially devastated. But they filmed their interaction with regulators and sent it to one of their daughters. The young woman decided she could share her family’s experience with some friends. The video quickly spread online, and soon outraged supporters were visiting the restaurant as if on a pilgrimage. Donations appeared at the door: spices to flavor the filling for empanadas, a 33-pound bag of cornmeal. Then funds started pouring in from Colombia, Brazil, Mexico, and even Germany. Many…

The Fed’s preferred measure of inflation shows signs of cooling

30

Jun

By Benjamin Hall

Investments and Business

The Fed’s preferred measure of inflation shows signs of cooling

Related media - Recent news The Federal Reserve's preferred measure of inflation continues to show signs of cooling, accompanied by moderate growth in consumer spending - positive news for central bankers aiming to control rising prices and curb demand. The personal consumption expenditures (PCE) index rose 2.6% year-over-year in May, in line with economists’ expectations and down slightly from a 2.7% gain in April. Excluding the more volatile prices of food and fuel, the “core” inflation measure also rose 2.6% year-over-year, down from 2.8% in April. On a monthly basis, inflation remained remarkably subdued, with overall prices not showing any…

Shahjahan Bhuiya, the hangman turned TikTok star, dies in Bangladesh

30

Jun

By Benjamin Hall

New miscellaneous

Shahjahan Bhuiya, the hangman turned TikTok star, dies in Bangladesh

More news - Recent news Shahjahan Bhuiya, who rose to fame by executing some of Bangladesh’s most notorious criminals in exchange for reduced sentences for his own crimes and later gained brief fame on TikTok, died on Monday in Bangladesh’s capital Dhaka. The National Police announced on Tuesday that the cause of his death, which occurred in hospital, had not yet been confirmed. Abul Kashem, Bhuiya's landlord, said he took Bhuiya to hospital on Sunday after Bhuiya felt chest pains. Last year, Bhuiya told local media that he was 74, but his national identity card, provided by Kashem, indicated that…

Death toll rises in attacks on churches and synagogues in Dagestan, officials say

29

Jun

By Benjamin Hall

New miscellaneous

Death toll rises in attacks on churches and synagogues in Dagestan, officials say

Related media - Recent news "We understand who is behind these terrorist acts," Sergei Melikov, the senior Dagestan official, said in a speech to residents. He drew comparisons between the victims of the assault and Russian soldiers fighting in Ukraine, saying they were facing the same enemy. “We must understand that war enters our home,” Melikov added. Kremlin spokesman Peskov appeared to draw a link between the violence in Dagestan and Ukraine's separate attack on occupied Crimea on Sunday in his daily press conference on Monday. Local officials declared a three-day mourning period in Dagestan, a multi-religious and ethnically diverse…

Hiring in the United States is on the rise, along with wages

29

Jun

By Benjamin Hall

Investments and Business

Hiring in the United States is on the rise, along with wages

Related media - News 24 hours Employers added 272,000 jobs last month, the Labor Department reported Friday, well above what economists had expected as hiring had gradually slowed. That was up from an average of 232,000 jobs in the previous 12 months, muddying the picture of an economy easing into a more sustainable pace. Most worrying for the Federal Reserve, which meets next week and again in July, is that wages rose 4.1% from a year ago, a sign that inflation may not yet be defeated. “For those who thought they were going to see a rate cut in July,…

Saudi Arabia’s Next Billion-Dollar Sports Game: Boxing Takeover

29

Jun

By Benjamin Hall

New miscellaneous

Saudi Arabia’s Next Billion-Dollar Sports Game: Boxing Takeover

More news - Recent news Each class would include around 15 fighters each, allowing top talent to face off against each other regularly. The move would effectively create a single boxing entity that would replace the sometimes chaotic and frustrating system of warring fight promoters and sanctioning bodies. The new entity would have the resources and fighters to stage high-profile bouts around the world. And unlike many of the sports Saudi Arabia has already attempted to revolutionize, professional boxing may be ripe for reinvention. The sport has lost some of its luster and glamour in recent decades and is now…