Month: August 2024

Kennedy challenges his New York residency, jeopardizes his seat at the polls

Kennedy challenges his New York residency, jeopardizes his seat at the polls

Robert F. Kennedy Jr.'s presidential campaign has hit a major snag after a New York judge ruled that he does not meet the state's residency requirements to appear on the ballot. The decision stems from a legal challenge questioning the validity of Kennedy's New York address, which was critical to his eligibility to run for office in the state. The judge's ruling found that Kennedy's declared New York residence was a "false" address used solely to qualify to vote. Despite Kennedy's claims of maintaining ties to the state, including real estate and tax returns, the court ruled that his primary…
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Inflation falls to 2.9% in July, its lowest level in two years

Inflation falls to 2.9% in July, its lowest level in two years

July saw a moderation in inflation rates, with the annual inflation rate decelerating to 2.9%, a figure last seen in early 2021, according to the latest data from the Labor Department. This slowdown is in line with expectations and is largely attributed to rising housing costs, which suggests a potential reduction in interest rates by September. The Consumer Price Index (CPI), which measures the average change over time in prices paid by urban consumers for a basket of consumer goods and services, rose 0.2% in July. This increase brought the annual increase to 2.9%, slightly below the 3.0% forecast by…
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W.H.O. issues global health alert for mpox as cases increase in Africa

W.H.O. issues global health alert for mpox as cases increase in Africa

The World Health Organization (WHO) has stepped up its response to the mpox outbreak by declaring it a global health emergency. The declaration came on Wednesday, marking the second such declaration in the past three years as the virus rapidly spreads to multiple African nations. Currently, the Democratic Republic of the Congo is experiencing the most severe impact of the outbreak, with a reported count of 15,600 cases and 537 deaths. The current outbreak has surpassed the severity of the 2022 episode, during which a similar emergency was declared. Mpox, formerly known as monkeypox, was renamed in 2022 following concerns…
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Cisco Systems announces major workforce reduction and plans to cut 6,000 jobs

Cisco Systems announces major workforce reduction and plans to cut 6,000 jobs

Cisco Systems, a leading developer of computer networking solutions based in San Jose, California, said it will reduce its workforce by 7 percent, marking its second significant reduction this year. The decision means about 6,000 job losses from its 84,900-person workforce as of July 2023. Earlier this year, Cisco had already cut its workforce by 4,000. Despite the job cuts, Cisco reported net income of $2.16 billion for the latest quarter, a 45 percent decline from the previous year, with revenue falling 10 percent to $13.64 billion. However, those numbers still beat expectations set by Wall Street, sending Cisco's stock…
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