New $1.1 bln U.S. arms package for Ukraine in process

The United States is preparing a new $1.1 billion arms package for Ukraine’s battle with Russia that will be announced soon, U.S. officials said on Tuesday as Washington awaits the outcome of what it calls “sham” referendums in Ukraine.

Dow officially enters bear market

The Dow Jones Industrial Average officially entered bear market territory on Monday, following a precipitous drop.

Federal Reserve Predicts Economy Will Slow to a Crawl, Hikes Interest Rate Again

The Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023 to battle continued strong inflation.

Sexually transmitted disease “out of control” in US

The infection rate of sexually transmitted diseases in America is currently “out of control” according to medical experts, the Associated Press reports. The US Centers for Disease Control and Prevention (CDC) has called for new prevention and treatment programs to address the steep rise in cases of infections, including syphilis, gonorrhea, HIV, and Monkeypox.

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