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Banks Used to Provide Relief From Inflation. Now They Profit Big

Bloomberg — The last time inflation burned hot, consumers could put money in the bank and watch it grow like the prices on store shelves, easing much of the pain. Not this time — and that’s stoking profits for US lenders. The gap between what banks pay depositors and what they earn from lending money

OnlyFans CEO Ami Gan Wants to Dispel Misconceptions About the Company

When Amrapali “Ami” Gan became CEO of OnlyFans in December 2021, she wasn’t just stepping into a bigger job than her previous position as chief marketing and communications officer. She was taking the helm of one of the pandemic’s buzziest companies, a creator platform that rose to fame thanks to its liberal content policies and

Chinese Space Rocket Debris Crashes Back to Earth Over Indian Ocean

Remnants from a massive Chinese rocket booster crashed back to Earth on Saturday over the Indian Ocean, space officials from the US and China confirmed. It remains unclear what path the debris from the booster might take, US Space Command said on Twitter on Saturday, referring questions to the Chinese government. China’s spaceflight agency said

President Biden Tests Positive for COVID-19 Again in Rare ‘Rebound’ Case

WASHINGTON — President Joe Biden tested positive for COVID-19 again Saturday, slightly more than three days after he was cleared to exit coronavirus isolation, the White House said, in a rare case of “rebound” following treatment with an anti-viral drug. White House physician Dr. Kevin O’Connor said in a letter that Biden “has experienced no

‘This Is Still an Emergency Situation.’ Death Toll Rises to At Least 25 in Kentucky Floods

At least 25 people have died, including at least four children, as historically destructive flooding swept through Eastern Kentucky this week, according to the governor’s office and local authorities. The death toll is “likely to increase” as rescue efforts continue and inaccessible areas open up, according to Gov. Andy Beshear. More than 1,200 rescues have

CBD Could Help Cops Get Relief From Stress, Insomnia, and Chronic Pain. But Using It Puts Their Job in Jeopardy

There were moments in the past few years when Police Sgt. Brian Vaughan would have tried almost anything to break the cycle of sleeplessness that wore him down—to wash away the images, sounds, and smells of violence that stuck to his memory, and ease the constant pain that was shooting through his back. At one

South Korea’s Lunar Probe Will Soon Join the U.S. in Studying the Moon’s Many Scientific Mysteries

The lunar club is an elite one. Since the dawn of the space age, only the U.S., Russia, China, Japan, India, Israel, and the European Space Agency have sent spacecraft to land on or orbit the moon. On August 2, as Nature reports, that rarefied group will add a new member, when South Korea’s Danuri

Russia’s Threat to Quit the Space Station Looks Hollow

You can tell you’ve left the American segment of the International Space Station (ISS) and entered the Russian segment when the walls go from white to salmon-colored. It’s a singularly unlovely salmon, and if Russian designers had to do it over again perhaps they’d have picked up a different can of paint. Either way, the

At Least 16 Killed in Catastrophic Kentucky Flash Flooding

JACKSON, Ky. — Trapped homeowners swam to safety and others were rescued by boat as record flash flooding killed at least 16 people in eastern Kentucky and swamped entire Appalachian towns, prompting a frenzied search for survivors through some of the poorest communities in America. Heavy rain continued to pound the region Friday and authorities

Biden’s ‘Bland Leadership’ May Be Getting Results

Joe Biden seemed caught off-guard. An aide had interrupted the President’s meeting with his economic team and a handful of CEOs on a stage in the basement of the Eisenhower Executive Office Building on Thursday to hand him a note. “You’re trying to tell me something, huh?” Biden said. The message informed Biden that the

Here Are the 12 New Books You Should Read in August

If August represents the last delicious dregs of summer, the right books will help you savor it. Mika in Real Life packs in more than enough laugh-out-loud relatability and stirring romance to satisfy those looking for one last beach read. Walking Gentry Home, A Map For the Missing, and Afterlives all ground readers in the

The Manchin-Schumer Deal May Have Saved the Climate Fight

You are probably accustomed to hearing a lot of gloomy talk about the climate—and with good reason. Climate change threatens human lives and livelihoods at a scale perhaps unmatched by any other issue short of global thermonuclear war, and governments haven’t come anywhere close to adequately addressing it despite decades of efforts. The climate investment

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UK economy shrinks between April and June

By Noor NanjiBusiness reporter, BBC NewsImage source, Getty ImagesThe UK economy shrank between April and June as experts forecast a gloomy outlook with recession on the horizon.The economy contracted by 0.1% in the second quarter of the year, the Office for National Statistics (ONS) said.This was partly due to Covid schemes like Test and Trace

UK heatwave: South East Water hosepipe ban comes into force

By Andre Rhoden-Paul & Jasmine AnderssonBBC NewsImage source, Getty ImagesAn official drought has been declared as low-water levels and tinder-dry conditions continue across the UK.Eight parts of England, including Devon, Kent, East Anglia and Lincolnshire are affected. The move is expected to trigger stricter controls on water use and five water companies have already announced

Will there be a hosepipe ban in my area?

By Charley Adams & Christy CooneyBBC NewsImage source, Getty ImagesImage caption, People will not be allowed to use hosepipes to water plants during the temporary banYorkshire Water is the latest water company to announce a hosepipe ban because of the unusually dry weather.Hosepipe bans are already in place across large parts of southern England, and

‘We have to win every game’ – Man Utd boss Erik ten Hag on his football philosophy

Manchester United manager Erik ten Hag sits down with Football Focus' Dion Dublin to talk about his football philosophy and expectations this season. Watch the full interview on Football Focus at 12:00 BST on Saturday, 13 August on BBC One, iPlayer and the BBC Sport website & app Everything Manchester United - go straight to