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Historic Orlando ice cream stand vandalized, according to business

ORLANDO, Fla. – Goff’s Ice Cream stand, one of Orlando’s most historic businesses to date, was vandalized Wednesday morning, according to the drive-in’s Facebook page. Goff’s Ice Cream stand posted images from a surveillance camera, showing a man walk behind the building with a bag in his hand moments before smoke was seen coming from […]

Russia’s economy is back on its feet

IN EARLY APRIL we pointed to preliminary evidence that the Russian economy was defying predictions of collapse, even as Western countries introduced unprecedented sanctions. Recent data further support this view. Helped along by capital controls and high interest rates, the rouble is now as valuable as it was before Russia’s invasion of Ukraine in late […]

Peso climbs vs dollar on BSP rate hike bets

BW FILE PHOTO THE PESO strengthened against the dollar on Thursday as faster April inflation raised bets that the local central bank would hike borrowing costs earlier than planned and after the widely expected 50-basis-point hike from the US Federal Reserve. The local unit closed at P52.385 per dollar on Thursday, appreciating by 11.5 centavos […]

2nd alarm called in fire at Castleton business

INDIANAPOLIS — Firefighters were working to put out a blaze at a building in Castleton early Thursday. The fire was reported around 11 p.m. Wednesday in a retail and commercial area southwest of 82nd and Bash streets. Few details were immediately available, but an Indianapolis Fire Department spokesperson said crews had called a second alarm […]

Federal Reserve raises interest rates to slow U.S. economy

NASHVILLE, Tenn. (WSMV) – If you are looking to borrow money anytime soon, it will cost you more to pay it back. The Federal Reserve just raised interest rates 0.5%, an attempt to tap the brakes on the U.S. economy. “Generally, the Federal Reserve is tightening interest rates to tap the brakes on the U.S. […]