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Egypt's border crossing opens to let a trickle of desperately needed aid into besieged Gaza

The border crossing between Egypt and Gaza has opened to let a trickle of desperately needed aid into the besieged Palestinian territory RAFAH, Gaza Strip -- The border crossing between Egypt and Gaza opened Saturday to let a trickle of desperately needed aid into the besieged Palestinian territory for the first time since Israel sealed it off following Hamas' bloody rampage two weeks ago. Just 20 trucks were allowed in, an amount that aid workers said was insufficient to address the unprecedented humanitarian crisis in Gaza. More than 200 trucks carrying roughly 3,000 tons of aid have been positioned near the crossing for days. Gaza's 2.3 million Palestinians, half of whom have fled their homes, are rationing food and drinking dirty water. Hospitals say they are running low on medical supplies and fuel for emergency generators amid a territory-wide power blackout. Israel is still launching waves of airstrikes across Gaza that have destroyed entire neighborhoods, as Palestinia...

Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation

Federal Reserve Chair Jerome Powell said inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market WASHINGTON -- Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market. Powell noted that inflation has cooled significantly from a year ago. But he cautioned that it's not yet clear whether inflation is on a steady path back to the Fed's 2% target. “A few months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal,” Powell said in remarks to the Economic Club of New York. “We cannot yet know how long these lower readings will persist or where inflation will settle over coming quarters.” Last month, Fed officials predicted that they would impose one more interest rate hike before ...

"Cooked" Pol Espargaro needed "bad moment" MotoGP British GP return

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The Tech3 GasGas rider had been out of action since suffering multiple back and jaw fractures in a crash during FP2 for the Portuguese GP, making his return at Silverstone last weekend. At the end of a mentally and physically draining weekend, Espargaro finished both races and scored points in the grand prix after taking the chequered flag in 12th. Speaking to the media at the end of his comeback weekend, Espargaro admits he was considering pulling out of the grand prix early before he saw several riders ahead of him pit for wet tyres when it started to rain in parts of the track. "I'm cooked. Well, after 10 laps I was cooked," he began. "After the first 10 laps I was completely burned out. I think the first 10 laps I find myself behind Augusto [Fernandez] and I could follow him for the first few laps, and I think that was the problem. "I asked of myself a little bit more and my body just said 'enough, you've done enou...