>>CPI Report Shows Modest Gain
(Washington, DC) -- The inflation report from the Labor Department is showing a modest gain. The U.S. Bureau of Labor Statistics this morning says the Consumer Price Index nudged up two-tenths of a percent in July, and rose three-point-two percent over the last 12 months.
>>Biden Issues Order On Chinese Tech Investment
(Washington, DC) -- President Biden is issuing an executive order restricting some U.S. investments in China. The bans are aimed at a handful of critical technologies related to the modernization of China's military and intelligence capabilities. The order will limit U.S. investment in categories of Chinese companies including quantum computing, artificial intelligence related to military and advanced semiconductors. The goal is to keep U.S. money from bolstering China's military and other threats to national security.
>>Migrant Crisis Could Cost NYC More Than $12 Billion By 2025
(New York, NY) -- New York City is set to spend more than 12-billion-dollars on the migrant crisis over the next two years if it doesn't receive help on the state and federal level. Mayor Adams says new arrivals will cost the city more than five-billion dollars this year, which is nearly total to the combined budgets of the FDNY, sanitation department, and parks department. He says even though the state has agreed to pay for some humanitarian centers, officials need to come up with a statewide decompression plan. He's calling on the federal government to expedite worth authorization and declare a state of emergency at the southern border. Mayor Adams says nearly 100-thousand migrants have arrived in New York City since spring of 20-22 and more than 57 thousand remain in the city's care.
>>Disney CEO Vows To Help Find "Solutions" To Resolve Hollywood Strikes
(Burbank, CA) -- Disney CEO Bob Iger is vowing to help find solutions to resolve strikes by Hollywood actors and writers. Iger made that pledge during Disney's quarterly earnings call Wednesday as the Writers Guild of America strike hit the 100-day mark. The actors' unions known as SAG-AFTRA went on strike July 14th. Iger said nothing is more important to Disney than its relationships with the creative community. Iger said he's personally committed to quickly find solutions "to the issues that have kept us apart the past few months."
>>Global Rice Prices Surge Close To 12-Year High, Could Go Higher
(Undated) -- Global rice prices are the highest in almost 12 years and the United Nations' food agency says they could go even higher. The Food and Agriculture Organization All Rice Price Index is up close to 20-percent over the past year, driven by India's ban on rice exports and weather conditions that could cut into production. India is the world's leading rice exporter and the government banned exports of non-basmati rice on July 20th to cap soaring food prices at home.
>>Conservative Group: Kellogg's Diversity Policies Illegal
(Undated) -- A conservative legal group wants the U.S. Equal Employment Opportunity Commission to investigate Kellogg's over workplace diversity policies the group claims are illegal. America First Legal filed a complaint with the EEOC on Wednesday, saying the more than century-old cereal maker's hiring, training, and promotion practices are designed to achieve a balance based on race and sex. The nonprofit headed by former Trump administration senior adviser Stephen Miller claims those policies violate federal laws banning bias in the workplace.
