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Pandemic-era inflation left millions of workers with a lasting pay cut. Now it’s happening again.

American workers’ wages are once again failing to keep up with inflation — a painful financial déjà vu of the pandemic years.  The repeat situation may feel even more acute given that many workers are still catching up from the 2021-2022 inflationary bout, when companies gave workers only moderate pay raises that fell short of four-decade-high price…

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Pakistan’s leadership stresses need for unity, reforms as nation celebrates Independence Day – Pakistan

Pakistan’s civilian and military leadership has stressed the need for unity and reforms as the nation celebrates 79 years of independence today. According to state-run Radio Pakistan, the day dawned with a 31-gun salute in Islamabad and a 21-gun salute at the provincial headquarters. A change of guards ceremony was also held at the mausoleum…

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AI is driving up consumer prices. That won’t stop anytime soon, experts say.

The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation.  AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs are also prompting electronics manufacturers to raise prices on smartphones, computers, software and other tech accessories. Consumers are…

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Colombia earthquake death toll rises as frantic search for survivors continues

Tons of aid from regional partners began to roll into Colombia on Wednesday, as the search for survivors in the rubble of a powerful earthquake grew more desperate after the temblor razed buildings, buckled roads and crushed cars. The devastation has tested Colombia’s new president, Abelardo de la Espriella, and his government as it scrambles to respond to the disaster…

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Rep. Lauren Boebert’s son arrested, accused of sexual exploitation of a child

Colorado Rep. Lauren Boebert’s 21-year-old son, Tyler Boebert, was arrested last weekend on suspicion of sexual exploitation of a child and other charges. The Garfield County Sheriff’s Office says the investigation stems from an incident that occurred on New Year’s Day in 2024. The office didn’t provide additional information about the incident. Tyler Boebert currently…

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