What’s up? Inflation-again. Plus, the latest on President Joe Biden’s trip to the Middle East. And thousands of beagles will be rescued from a sketchy breeding facility.
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👋 Now, back to what you came for: I’m Laura Davisand this is Wednesday’s news.
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Inflation hits 40-year-high
Inflation is jumping, and Americans are feeling the squeeze. In June, inflation jumped again on a persistent climb in gas, food and rent costs, notching another 40-year high and likely solidifying the Federal Reserve’s plans for another big rate hike this month. Prices increased 9.1% from a year earlier, up from an annual rate of 8.6% the previous month and the largest gain since November 1981, the Labor Department’s Consumer Price Index showed Wednesday. “Ouch,” Ian Shepherdson, chief economist of Pantheon Macroeconomics, wrote in a research note of the latest surge in prices. He, along with other economists, noted June likely marked inflation’s peak, though a similar pronouncement in the spring proved premature. What the experts are saying on inflation.
Security is the top focus as Biden kicks off first visit to Middle East
President Joe Biden landed in Israel on Wednesday to kick off a four-day trip to the Middle East, his first to the region since taking office. The emphasis? Security. Biden opened the visit with a tour of Israel’s “Iron Dome” and “Iron Beam” advanced missile defense systems, developed in partnership with the United States. The president offered anxious Israeli leaders strong reassurances of his determination to stop Iran’s growing nuclear program, saying he’d be willing to use force “as a last resort.” In addition, Biden continues to look for ways to expand defense cooperation in the region. Catch up on the latest from Biden’s trip to the Middle East.
What everyone’s talking about
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July supermoon, comin’ in hot
Eyes to the sky! It’s time for another supermoon. And for avid sky watchers who love space but hate cold weather, July typically provides the warmest and best time of the year to gaze at a full moon. The “buck” or “thunder” moon will be the biggest supermoon of the year.
Things to know:
- Is it ‘buck’ or ‘thunder’ moon? July’s full moon is nicknamed the “buck” moon “because the antlers of male deer (bucks) are in full-growth mode at this time,” according to the Old Farmer’s Almanac. It’s also known as the “thunder” moon because of early summer’s frequent thunderstorms, NASA said.
- When can you see it? The moon will rise Wednesday evening in the southeastern sky, and reach peak illumination at 2:38 pm EDT, according to the Old Farmer’s Almanac.
- Why is it called a supermoon? When the moon’s orbit brings it closer to Earth than usual, the cosmic combo is called a supermoon. The moon can appear slightly bigger and brighter than normal, weather permitting.
Happy moon-gazing! 🌝
4,000 beagles getting busted out of breeding facility
Four thousand beagles from a breeding facility in Virginia that have been accused of animal welfare violations will be transferred to shelters nationwide for adoption in coming months, under a plan approved by a federal judge last week. Envigo RMS, which owns and operates the facility that breeds beagles for medical research, was accused of a chain of animal welfare violations at the facility – including inadequate food and medical care, filthy conditions and dogs being euthanized without anesthesia. Read more about the beagles here.
🌤 What’s the weather up to in your neck of the woods? Check your local forecast here.
Your tax dollars paid a Peace Corps worker $258K after he killed a woman
After Peace Corps employee John Peterson’s chaotic driving spree left a mother of three dead on the streets of Tanzania, the US government whisked him back to America and put him on leave. Over the next year and a half, US taxpayers paid Peterson more than $258,000. Meanwhile, the agency paid the family of the woman Peterson killed about $13,000, a USA TODAY investigation found. Here’s what happened.
A break from the news
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George is Digismak’s reported cum editor with 13 years of experience in Journalism