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Thursday, October 10, 2024

Ethel Kennedy, who lost her husband, Robert F. Kennedy, and brother-in-law, President John F. Kennedy, to assassins' bullets, and who channeled her grief into raising her 11 children and lifetime of public service, died Thursday. She was 96. read more


White House press secretary Karine Jean-Pierre has been promoted to senior adviser to the president, ABC News has learned. read more


The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane Helene and the Boeing strike, the Labor Department reported Thursday. The consumer price index, a broad gauge measuring the costs of goods and services across the U.S. economy, increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. Both readings were 0.1 percentage point above the Dow Jones consensus. The annual inflation rate was 0.1 percentage point lower than August and is the lowest since February 2021. Excluding food and energy, core prices increased 0.3% on the month, putting the annual rate at 3.3%. Both core readings also were 0.1 percentage point above forecast. read more


Wednesday, October 09, 2024

The NCAA Division I Council has approved the immediate elimination of the national letter of intent program, the NCAA announced Wednesday, marking a historic shift to the recruiting landscape. Established in 1964, the NLI program has existed as the formal, binding agreement between prospective athletes and college programs for the past 60 years. The NLI will be replaced by a new financial aid agreement that will provide many of the same core functions as the NLI and will likely be tied to a contract related to an impending revenue-sharing model across college athletics. Under the new rules, transfer athletes will be allowed to sign with a new school after they've formally entered the portal. Per the NCAA, once a prospect has signed a written offer of athletic aid, other schools will be "prohibited from recruiting communications."


Americans are revolting against McDonald's and fast-food chains. That's hurting french fry suppliers like Lamb Weston. read more


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