Stocks fall sharply on inflation news
Stock markets fell sharply Friday on news that inflation is continuing to rise, hitting a 40-year year high of 8.6 percent. The Dow Jones Industrial Average of major U.S. stocks fell nearly 2.75 percent to hit 31,392. The S&P 500 index fell 2.91 percent to 3,900. The technology-heavy Nasdaq dropped more than 3.5 percent to fall below 11,340. The bottom fell out of markets as a result of the latest consumer price index (CPI) data from the U.S. Department of Labor. Analysts were hoping that the CPI would continue to decrease as it did last month fro
Read MoreHow 3D printing of organs could revolutionize medicine
Story at a glance Researchers recently transplanted a 3D printed ear made from stem cells onto a 20-year-old woman born with microtia. Biotech company United Therapeutics this week said it produced a 3D printed human lung scaffold that could be seeded with a patient’s own stem cells to create tolerable, transplantable human lungs. The
Read MoreDemocrat gaveled out as he tries to read names of children killed by guns this year
Rep. Sean Casten (D-Ill.) took to the House floor on Thursday to read the names of young children killed by guns this year, but was forced to conclude his remarks due to time constraints after getting through only a fraction of the 600 names. Casten's comments came minutes after the House passed a bill to nationalize red flag laws, which aim to keep guns out of the hands of individuals deemed a risk to themselves and others. The legislation was brought up in the wa
Read MoreCapitol Police officer Harry Dunn's 'insurrection' definition shirt on sale
The shirt featuring definitions of the word "insurrection" worn by Capitol Police officer Harry Dunn while he attended the first June public hearing held by the House select committee investigating the Jan. 6, 2021, Capitol riot on Thursday is on sale. The first definition on Dunn's shirt said “a violent uprising against an authority or government.” A second, attributed to Dunn himself, said “instead of accepting the results of the 2020 election, many attempted to change the results through an insurrection on 1/6/21.” The shirt, which was made by a friend of Dunn’s, is n
Read MoreHouse lawmakers to receive classified briefing on Afghanistan
The House Foreign Affairs Committee will hold a classified briefing on the Biden administration’s handling of the pullout of Afghanistan, according to a notice obtained by The Hill. The hearing is not listed on the committee’s schedule for June but is expected to take place on June 15. It will also cover policy toward Afghanistan, and top State Department officials are expected to appear before the panel A source familiar with the hearing said that the State Department was open to holding a portion of the hearing in open session so that some of the information could
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