News

Wall Street mixed ahead of this week's inflation data

Wall Street is mixed ahead ahead of some highly-anticipated inflation data from the government. Futures for the benchmark S&P 500 lost 0.3% while futures for the Dow industrials is up around 0.2% with less than an hour before the opening bell Tuesday. The U.S. Labor Department will release its July report for consumer prices on Wednesday, followed by its producer prices report on Thursday. Investors and economists will look for signs that the Federal Reserve’s aggressive rate hikes the past few months has worked to bring four-decade-high inflation under control.

Grandfather, grandkids among 4 dead in Texas golf cart crash

Authorities in Texas say a grandfather, two of his grandchildren and a niece were the four people killed in a weekend collision involving a golf cart in the island resort area of Galveston. Authorities say an SUV driver accused of being intoxicated ran a stop sign and crashed into a pickup truck, which then collided with the golf cart carrying six people. Police on Monday identified the four people killed as 49-year-old Felipe Bentancur; his niece, 25-year-old Destiny Uvalle; and two grandchildren, 4-year-old Kaisyn Bentancur and 14-year-old Brailyn Cantu. Two others on the golf cart were critically injured. The driver of the SUV is charged with four counts of intoxication manslaughter and remains jailed.

Homegrown foundation leader builds bridges, trust in Flint

As CEO of the Community Foundation of Greater Flint, Isaiah Oliver is well known throughout the city. Now as families recover from the water crisis and the pandemic, the foundation and Oliver are building on their reserve of trust and their proximity to the community. As the foundation’s first Flint native and first Black leader since it was founded in 1988, Oliver works to build bridges between marginalized people and wealthy donors.  Even more than the erosion of the city’s water pipes, “the erosion of trust was the biggest issue that came out of the water crisis,” Oliver said in an interview in his office. Rebuilding trust in institutions is a continuing process.

'The Sacrifice Zone': Myanmar bears cost of green energy

The birds no longer sing. The cows die. And if the people in this northern Myanmar forest complain, they too face the threat of death from militias. This forest is the source of key metallic elements known as rare earths, often called the vitamins of the modern world. Rare earths turn up in everything from hard drives to elevators, and are vital to the fast-growing field of green energy. But an AP investigation found their cost is environmental destruction, the theft of land and the funneling of money to brutal militias. The AP tied rare earths from Myanmar to the supply chains of 78 companies. Nearly all who responded said they took environmental protection and human rights seriously.

'The Sacrifice Zone': Myanmar bears cost of green energy

The birds no longer sing. The cows die. And if the people in this northern Myanmar forest complain, they too face the threat of death from militias. This forest is the source of key metallic elements known as rare earths, often called the vitamins of the modern world. Rare earths turn up in everything from hard drives to elevators, and are vital to the fast-growing field of green energy. But an AP investigation found their cost is environmental destruction, the theft of land and the funneling of money to brutal militias. The AP tied rare earths from Myanmar to the supply chains of 78 companies. Nearly all who responded said they took environmental protection and human rights seriously.

Michigan Gov. Gretchen Whitmer tests positive for COVID-19

Michigan Gov. Gretchen Whitmer has tested positive for COVID-19. The Democratic governor said in a statement that she tested positive for the virus Monday evening and is experiencing mild symptoms. Whitmer said she plans to follow proper guidance and protocols, while maintaining a remote schedule. She said all of her close contacts from Monday will be notified. Whitmer said she is grateful for the support of her family and staff, as well as the vaccine for “offering robust protection against the virus.” Whitmer said she is fully vaccinated and has received two booster shots. She encouraged fellow Michiganders to get vaccinated and boosted.