Ford reported a 1% increase in sales during the second quarter compared to the same period last year. The growth was primarily driven by a 5% increase in truck sales, with a total of 308,920 vehicles sold in this category. The F-Series, which is a popular choice among consumers, accounted for 199,463 of these sales.
Federal Reserve officials recently held a meeting in June where they discussed the current state of inflation and interest rates. The meeting minutes, released on Wednesday, revealed that while there was some improvement in inflation, it was not deemed sufficient for the officials to consider lowering interest rates. The participants highlighted the need for additional
Hurricane Beryl, the strongest-ever hurricane in July, has left a trail of destruction in the Caribbean. This tropical cyclone has set numerous records that experts attribute to climate change, developing faster and earlier in the year than similar phenomena. It holds the title for the strongest hurricane on record for both June and July and
OnePlus is rumored to be developing a new artificial intelligence (AI) feature that will allow users to easily generate text summaries from voice recordings. The feature was recently uncovered in the latest version of Oxygen OS, the custom skin used by the company on Android devices. Interestingly, India was mentioned as one of the countries
The search for missing teenager Jay Slater has continued in Tenerife despite the police land hunt being called off on June 30th. His family remains determined to find him, with the help of volunteers and funds raised through a crowdfunding page. The search efforts have included helicopters, drones, search dogs, and numerous volunteers scouring the
The Biden administration has recently taken actions to revoke eight licenses that allowed companies to ship goods to Chinese tech giant Huawei. This move is part of an effort to put pressure on Huawei as it continues to regain foothold in the market despite previous restrictions. The Commerce Department, responsible for overseeing U.S. export policy,
Two rookies, Caitlin Clark of the Indiana Fever and Angel Reese of the Chicago Sky, have been named to the 12-player Team WNBA that will compete against the U.S. women’s national team in the upcoming 2024 WNBA All-Star Game. As the No. 1 and No. 7 picks in the 2024 draft, Clark and Reese have
Ryan Reynolds, known for his playful antics, recently shared a photo on his Instagram Story featuring Deadpool’s back in the middle of a forest. Fans were quick to draw comparisons to Taylor Swift’s Evermore album cover due to the striking resemblance. Reynolds even went as far as to add one of Swift’s songs to the
Federal Reserve Chair Jerome Powell recently spoke at a central banking forum in Sintra, Portugal, where he expressed satisfaction with the progress on inflation over the past year. Powell acknowledged the efforts made in bringing inflation back down to the target rate and mentioned that recent readings indicate a disinflationary trend. However, he emphasized the
The market for non-fungible tokens (NFTs) is currently facing a significant downturn in sales globally. Recent data from Cryptoslam indicates that the average sale prices of NFTs have plummeted by nearly 60 percent between March and June of this year. The average price of an NFT dropped from $193 to $79.17 during this period. Additionally,