Britain’s rate of inflation has surged to a fresh 40-year high, heaping yet more pain on cash-strapped households as the cost of living crisis deepens. The Consumer Prices Index (CPI) rose to 10.1% in the 12 months to July, up from 9.4% in June and remaining at the highest level since February 1982, the Office
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In this article CMCSA Mark Hoffman, Chairman of CNBC Mark Hoffman, CNBC’s president since 2005 and chairman since 2015, announced Tuesday he will step down on Sept. 12. Hoffman is leaving of his own accord. NBCUniversal hired Cesar Conde to oversee NBC News, MSNBC and CNBC in May 2020 to bring more centralized leadership to the group.
Aug 16, 2022 There are only two events left in the PGA Tour regular season, with $15 million up for grabs at this week’s BMW Championship in Wilmington, Delaware, and another $18 million for the winner of the season-ending Tour Championship in Atlanta on Aug. 25-28. There’s also plenty of hardware at stake, besides the
US First Lady Jill Biden has tested positive for COVID, the White House has said. The 71-year-old had tested negative on Monday during a regular testing session, but developed cold-like symptoms that evening. She tested negative on a rapid antigen test before a PCR test came back positive. Spokesperson Elizabeth Alexander said that, like husband
Chinese scientists have generated the strongest steady magnetic field, breaking all previous records. The world’s most powerful, steady magnetic field was achieved using a hybrid magnet that produced a magnetic field of 45.22 tesla (T), which is a million times stronger than our planet’s own magnetic field. The record was set at the Steady High Magnetic Field Facility
Russia’s space agency on Monday unveiled for the first time a physical model of what a planned new Russian-built space station will look like, suggesting Moscow is serious about abandoning the International Space Station (ISS) and going it alone. Russia, in the throes of what some Kremlin hardliners believe is an historic rupture with the
While naturally most attention with today’s jobs figures will focus on the biggest decline in wages in real terms, in other words when inflation is factored in, the numbers also point to a lot of interesting things going on beneath the surface. First of all, look at the way the growth in wages including bonuses
A British man alleged to be the fourth member of an ISIS terror cell known as ‘The Beatles’ has been remanded in custody after appearing in court charged with terror offences. Aine Leslie Davis was arrested after being deported to England by Turkish authorities. Davis has always denied any involvement with the terror cell. He
The former chief administrative officer for the Department of Housing and Urban Development says she was demoted in part for refusing to spend more than was legally allowed to redecorate Secretary Ben Carson’s new office. In a November 2017 complaint obtained by CNN, Helen Foster said she was told to “find money” beyond the legal
Ukrainian special forces operating inside Russian-occupied Crimea were behind an attack on a military base there, Sky News understands. Russia’s defence ministry said that a fire broke out after several explosions at a temporary ammunition storage facility in the Dzhankoi area of north Crimea at around 4.15am BST (6.15am local time). Pictures show fire and
A total of 11 government whips have announced they are backing Liz Truss’s campaign to become the next Conservative leader in the latest blow for rival Rishi Sunak. Work and Pensions Secretary Therese Coffey, herself a supporter of the foreign secretary, revealed the move in a graphic posted on social media on Tuesday morning. The
Johnny Depp “might” return to the Fantastic Beasts film franchise after his legal victory against his ex-wife Amber Heard, the actor who replaced him has said. Mikkelsen replaced Depp as Gellert Grindelwald in Fantastic Beasts: The Secrets of Dumbledore in 2020 after Depp was forced to quit when he lost an earlier High Court libel
Workers have suffered a record real-term pay slump in the face of soaring prices, official data reveals. Regular wages, excluding bonuses, plunged an average of 4.1% on the year in the three months to June when inflation is taken into account, according to the Office for National Statistics (ONS). It is the highest fall since
Faraday Future, the California-based EV startup, reported Q2 earnings today with some exciting announcements and key financial updates. Since being founded in 2014, Faraday Future has had a vision of disrupting the auto industry. Yet so far, we have not seen much from Faraday as the company has pushed back the launch of its flagship
Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images The CEO of Ola Electric said Monday his firm would launch an all-electric vehicle that can go from 0 to 100
Three Britons have pleaded not guilty to mercenary charges at a Russian-backed separatist court in Ukraine. John Harding, Andrew Hill and Dylan Healy are among a group of five European men on trial in a court administered by Kremlin-backed separatists in the city of Donetsk. Mr Harding, Vjekoslav Prebeg, who is Croatian, and Mathias Gustafsson,
Thunderstorms and heavy rain are predicted across England and Wales on Tuesday with muggy conditions amid warnings over flash flooding and disruption. The Met Office has issued a yellow thunderstorm warning for most of the UK on Tuesday as conditions could also cause transport disruption and power cuts in areas hit by heavy rain. Hail,
1:21 PM ET When Real Madrid‘s second goal went in at Almeria on Sunday night, Davide Ancelotti was up and off the away team bench like an Olympic sprinter erupting from his blocks. It’s a great image, too. As the stadium reacts to David Alaba‘s wondrous free kick that put the Spanish champions 2-1 up,
Across Europe, countries are seeing extreme temperature and severe drought. In France, both animals and humans are being affected by the heat crisis. Sky’s Europe Correspondent Siobhan Robbins?reports from the South of France. #drought #Weather #SkyNews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews
Some top Republicans are claiming that the FBI planted incriminating information in the Mar-a-Lago home of former President Donald Trump after their search. Conservative political activist George Conway reacts to these claims. #CNN #News