Live from NPR News in Washington, I'm Libby Casey.
Stocks open lower this morning as investors watch for new inflation numbers this week, and
“PR's Scott Horsley reports the Dow Jones industrial average slipped about 75 points in early”
trading. "Rood oil prices rose as tanker traffic and the straight-of-four moves remain snarl. The US benchmark rose to a little under $80 of barrel. Retail gasoline prices have been falling in recent days. Triple A puts the average price at just over $4 a gallon.
That's about a buck a gallon higher than gas costs before the US launched its war with Iran. Gas lane prices have been one of the main drivers of inflation in recent months. The Labor Department is set to deliver its latest cost to living report on Wednesday. And it was another big box office weekend for Spider-Man, the latest installment of the
Marvel franchise is sold nearly $1.7 billion, where the tickets worldwide been just 10 days.
Scott Horsley and PR News, Washington. At least 12 people are dead and several dozen more injured after Ukrainian drones struck a major oil region in Central Western Russia. The strike is the latest in an ongoing Ukrainian campaign to target Russia's energy sector. From Moscow, NPR's Charles Mains has more."
The drone struck the city of Nishni-Komsk, in the Republic of Tatarstan, one of Russia's most technologically advanced oil-producing regions. Videos shared online appeared to show at least one refinery in flames, sending a large plume of smoke skyward. Local authorities said the Ukrainian drones also struck civilian targets, and had the Republic
called for an official period of mourning to honor the dead.
“The attack is the latest in a series of strikes targeting Russia's energy sector, key to”
funding Russia's ongoing military operation says Ukraine. The drone strikes have also caused gas shortages across Russia, a crisis the government has somewhat eased by reverting to the sale of dirtier lower-grade fuel. Charles Mains and PR News. Moscow.
Pentagon is pushing U.S. defense contractors to speed up production of some key weapons systems amid concerns about depleted stockpiles, as the war with Iran moves through its six months, and PR's Cat-Land store reports. In a statement, Pentagon spokesperson Sean Parnell confirmed the Department made efforts in the past week to significantly speed up munitions production.
He said that the U.S. is focused on acquiring more to provide, quote, "the weapons are war fighters need at the pace the threat demands." But he also said the effort was not new that it was part of a broader plan to modernize the department, one that began before the U.S. launched war in Iran in February. The administration has repeatedly denied reports that some missile stockpiles have been depleted
in this war, such weapons often take years to replenish. Cat-Land store and PR News, Washington. President Trump is hosting the swearing-in ceremony today for Todd Blanche as attorney general Blanche was confirmed by the Senate early Saturday morning by the narrowest of margins he was opposed by Republicans, Susan Collins of Maine and Lisa Murkowski of Alaska.
You're listening to NPR News.
A powerful earthquake shook Colombia and Ecuador this morning, prompting evacuations from homes
and other buildings. The U.S. Geological Survey reports a 7.4 magnitude quake with the epicenter about 250 miles west of Colombia's capital Bogotá. It follows two devastating earthquakes in Venezuela in June that destroyed hundreds of buildings and killed more than 5,000 people. Pauling shows most Americans believe young adults in the U.S. have a harder time financially
than their parents did at their age, and PR is Jennifer Ludden says many parents are helping to support their children well into adulthood. When Mabel Lagoander has been retired to South Carolina this year, they made sure there was room for their 39-year-old son who lives with them. His job paid low wages and no benefits and Lago's as rents are way too high.
"The young people have really been shafted at big time." In the pricey Seattle area, one of David Zuckerrow's 30-something daughters moved back home to cut costs and the other wants to.
“"When I look at the salaries these kids make, I'm like, how can you not live on this?”
But they can't." Share of adults under 35 living with parents as shot up dramatically in the past two decades, and AARP finds most parents also provide financial support to grown children needed or not, though many say they give even when it hurts their own budget. Jennifer Ludden, in peer news.
"True from the U.S. and South Korea will begin semi-annual joint exercises this week. Last Thursday, North Korea resumed ballistic missile testing activities that are banned by the U.N., you're listening to NPR News in Washington." "50 years ago, Congress set out to protect coal miners from black lung disease. Today it's back at rates not seen in half a century."
"These guys are being treated like disposable widgets, not human beings." "On the Sunday story, why coal miners and Appalachia are getting sicker faster?
Listen now to the Sunday story from the up first podcast on the MPR app."
