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Getty Images The kids have finished school and it’s time for the great summer getaway, with millions of Brits setting off on their holidays. It’s likely to be a busy time on the roads, with the RAC predicting a “weekend of woe”. The motoring organisation says some 13.8 million trips could be made between Friday … Read more
With GDP increasing 2.8% annually, this signals a strong economy. (iStock ) As a welcome surprise, the gross domestic product (GDP) increased 2.8% annually in the second quarter, an advance estimate released by the U.S. Bureau of Economic Analysis found. Generally, a GDP between 2% and 3% signifies a strong U.S. economy, so this is good … Read more
Check out what’s clicking on FoxBusiness.com An inflation measure closely watched by the Federal Reserve eased slightly in June, even as high prices continued to weigh on millions of Americans. The personal consumption expenditures (PCE) index showed that consumer prices rose 0.1% from the previous month, according to the Labor Department. On an annual basis, … Read more
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus announced that the vaccines will be administered to children in the coming weeks. He noted that no cases of polio have been recorded yet but without immediate action, it was “just a matter of time before it reaches the thousands of children who have been left unprotected”. Humanitarians have expressed deep concerns about the impact of a possible polio emergency in Gaza, amid disastrous sanitary conditions marked … Read more
Getty Images Drivers are still paying too much for fuel, the UK’s competition watchdog has warned, with high prices costing motorists £1.6bn last year alone. The Competition and Markets Authority (CMA) said that weakened competition in the fuel sector is impacting drivers’ wallets. It found that supermarkets’ profit margins – which is the difference between … Read more