SUMMARY: The Bank of England is expected to cut interest rates for the third time in six months, lowering them to 4.50% despite inflation remaining above target at 2.5%. Economists anticipate this move due to a stagnating economy and declining employment, making immediate action necessary. While inflation is projected to rise due to new business tax increases, it is expected to trend lower towards the 2% target over time. This decision reflects broader trends as central banks, including the U.S. Federal Reserve, begin to cut rates following a decrease in inflation from multidecade highs.

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SUMMARY: Google is discontinuing some of its diversity hiring targets, following a trend among U.S. companies scaling back diversity, equity, and inclusion (DEI) initiatives. This change, communicated to employees, aligns with an executive order from President Trump targeting federal contractors’ DEI programs. Google’s parent company, Alphabet, also adjusted its annual report language, removing commitments to DEI, and noted ongoing evaluations due to recent court decisions. Despite prior efforts to increase representation, Google has seen limited progress in diversity within its leadership, with Black and Latino leaders remaining underrepresented. Other major companies have similarly revised their DEI commitments.

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SUMMARY: Jamal St. Louis, Lily Beler, and Tatiana Purefoy, along with five other journalism students, shared their aspirations and challenges in the industry during interviews for News Literacy Week. They expressed a strong desire to work in local news, with dreams like becoming a sports reporter or head anchor. Guided by instructor Wendy Whit, they discussed the importance of trust and transparency in journalism, especially amid concerns about job stability and credibility due to widespread misinformation. Despite challenges like low pay and industry cuts, their passion for storytelling and reporting drives them to pursue their dreams in journalism.

Excited, idealistic, and not jaded. Those are a few words ABC Action News reporter Michael Paluska would use to describe the USF journalism students he interviewed for News Literacy Week.

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