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Month: September 2024

Americans’ inflation-adjusted incomes rebounded to pre-pandemic levels last year

AP Economics Writer WASHINGTON (AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power. The proportion of Americans living in poverty also fell slightly last year, to 11.1%, from 11.5% in 2022. But the

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Russia begins massive naval drills together with China

The Russian military has launched massive naval and air drills spanning across both hemispheres and including China in joint maneuvers.  Russia’s Defense Ministry says the “Ocean-24” exercise spans the Pacific and Arctic Oceans, the Mediterranean, Caspian and Baltic Seas and involves over 400 war ships, submarines and support vessels, more than 120 planes and helicopters

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Poet Li-Young Lee receives $100,000 lifetime achievement prize from Poetry Foundation

AP National Writer NEW YORK (AP) — Poet Li-Young Lee has won a $100,000 lifetime achievement prize, and Carole Boston Weatherford has been named the new Young People’s Poet Laureate. The Poetry Foundation announced the awards on Tuesday. The Chicago-based nonprofit also awarded its $10,000 Pegasus award for criticism to Elizabeth Sarah Coles and its

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Median income rose to $80,610 in 2023

By Tami Luhby, CNN (CNN) — Americans’ incomes have finally returned to their pre-pandemic peak. Median household income rose to $80,610 in 2023, essentially the same as it was in 2019, the Census Bureau reported Tuesday. The typical household’s income rose 4% from 2022, driven primarily by an increase in workers’ earnings. This was the

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Former US Sen. Ayotte to face former Manchester Mayor Craig in New Hampshire governor’s race

Associated Press CONCORD, N.H. (AP) — New Hampshire will elect a female governor for the third time in November after former U.S. Sen. Kelly Ayotte and former Manchester Mayor Joyce Craig won their respective primaries. Current Gov. Republican Chris Sununu is not seeking reelection after four terms. Ayotte is a Republican who was New Hampshire’s

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Keurig to pay $1.5M settlement over statements on the recyclability of its K-Cup drink pods

AP Business Writer Keurig Dr Pepper Inc. will pay $1.5 million to settle charges that it made inaccurate statements about the recyclability of its K-Cup single use beverage pods. The U.S. Securities and Exchange Commission said Tuesday that Keurig agreed to a cease-and-desist order and to pay the civil penalty, without admitting or denying the

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The viral nine-month cruise is ending. Here’s what it was really like on board

By Francesca Street, CNN (CNN) — Within weeks of Royal Caribbean’s nine-month-long world cruise setting sail in December 2023, the voyage unexpectedly became the center of a social media storm. The prospect of nine months on a two-decades-old ship, sailing to more than 60 destinations with hundreds of strangers, captured the public’s imagination as passengers

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