Following the devastating impact of Hurricane Helene in western North Carolina, the U.S. Federal Emergency Management Agency (FEMA) released a “rumor response” page to address various claims about its disaster response efforts. This update, issued on October 3, sought to clarify misinformation circulating online about whether FEMA was running low…

In early Asian trading on Tuesday, oil prices experienced a slight decline as profit-taking ensued following a significant rally that saw prices reach their highest levels in over a month. The recent surge in oil prices was driven largely by escalating tensions in the Middle East, particularly following an attack…

Recent research from the Johns Hopkins Institute for Education Policy reveals a significant rise in homeschooling across the United States for the 2023–2024 school year, with 90% of states reporting increases in homeschool participation. The study analyzed data from 21 out of the 30 states that provide homeschool participation statistics,…

Recent reports reveal a notable shift among Korean American voters, with many indicating a departure from Vice President Kamala Harris and the Democratic Party largely due to concerns over inflation and the economy. According to data from the July 2024 Asian American Voter Survey, only 38 percent of Korean Americans…

In the aftermath of Hurricane Helene, which left a devastating mark across six Southeastern states in the U.S., skepticism grows around the reliability of information being reported by governmental authorities and mainstream media. Initially, officials claimed that only a few hundred people perished as a result of the storm. However,…

Emerging-market currencies faced a decline for the fifth consecutive session, as traders reassessed their expectations for a significant interest-rate cut by the Federal Reserve, driven by indications of a robust U.S. economy. The MSCI Inc. index for developing-nation currencies dropped by 0.2%, marking its longest losing streak since July. Notably,…

Hurricane Milton has rapidly intensified into a major Category 5 hurricane, exhibiting sustained winds of 180 mph. This explosive development caught many by surprise, as the storm escalated from a less threatening status to a potentially catastrophic force in a short span of time. Meteorologists are monitoring its path closely…

Michael S. Derby reports on the views of Federal Reserve Bank of St. Louis President Alberto Musalem regarding interest rate cuts and the overall economic landscape. At a meeting held by the Money Marketeers of New York University, Musalem expressed his support for additional gradual reductions in the policy interest…

In September, the Federal Reserve’s decision to cut interest rates by 50 basis points was criticized as being not only premature but also influenced by political pressures. This action was starkly contradicted by the latest jobs report, which revealed 254,000 new jobs and a drop in unemployment to 4.1 percent,…

Gold prices experienced a slight decline as traders adjusted their expectations regarding potential interest-rate cuts from the Federal Reserve following the release of unexpectedly strong US jobs data. The price of bullion hovered around $2,643 per ounce, remaining close to the record high of $2,685.58 reached late in the previous…

In a significant legal ruling, a federal judge has mandated that Google dismantle protective barriers around its Android app store, Google Play, effectively addressing allegations of maintaining an illegal monopoly. U.S. District Judge James Donato’s injunction requires Google to implement several changes that will enhance competition in the app market,…