By 7pm, three delivery service partners said an Amazon app used to communicate with delivery drivers is down, leaving vans that were supposed to deliver packages sitting idle with no communication from the company, according to Bloomberg.

A team of Brazilian police divers recovered the speedboat that was used by British journalist Dom Phillips and Brazilian indigenous expert Bruno Pereira to travel Brazil's Amazon before they were killed.



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The annual Social Security and Medicare trustees report released Thursday states that Social Securityґs trust fund will be unable to pay full benefits in 2035, instead of last yearґs estimation of 2034. The projected depletion date for Medicareґs trust fund for inpatient hospital care moved back two years to 2028 from last yearґs forecast of 2026.

Authorities have said a main line of the police investigation into the disappearances has pointed to an international network that pays poor fishermen to fish illegally in the Javari Valley reserve, which is Brazil's second-largest indigenous territory.

Phillips, a 57-year-old freelance reporter, was doing research for a book on the trip with the 41-year-old Pereira, a former head of isolated and recently contacted tribes at federal indigenous affairs agency Funai.



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Shock at their fate has echoed across Brazil and around the world, highlighting the overhaul of indigenous agency Funai under President Jair Bolsonaro, along with a rising tide of violence and criminal incursions on native lands.



Higher borrowing rates appear to be slowing the housing market, Amazon a crucial sector of the economy.
In April, Ebook sales of both existing homes and new homes showed signs of faltering, worsened by sharply higher home prices and a shrunken supply of available properties. By contrast, the average rate stood at 2.99% a year ago. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate ticked down to 5.09% from 5.1% last week.

The Civil Police said the suspects placed sink sandbags before sinking the speedboat 65 feet deep under and 98 feet to the right of the Itacoai River shore in the Amazon rainforest near the northern town of Cachoeira.

LONDON (AP) - The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August, offering modest relief for a global economy suffering from soaring energy prices and the resulting inflation. The group had been adding a steady 432,000 barrels per day each month to gradually restore production cuts from 2020. The decision Thursday steps up the pace by the alliance, known as OPEC+, in restoring cuts made during the worst of the pandemic recession.



Amarildo ‘Pelado' Oliveira, 41, who had been under arrest on a firearm ammunition possession charge since June 7 and was held in temporary custody as part of the investigation, confessed to shooting Phillips and Books Pereria last Wednesday.







Teenage employment has already topped pre-pandemic levels even though the overall job market still hasnґt. And the pay available to them - $15 or $16 an hour for entry-level work - is drawing some back into the job market.

WASHINGTON (AP) - A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.

The four-week average for claims, which evens out some of the weekly volatility, dipped by 500 from the previous week to 206,500. Applications for unemployment benefits fell by 11,000 to 200,000 for the week ending May 28, the Labor Department reported Thursday. First-time applications generally track the number of layoffs.

The S&P 500 rose 1.8%. The benchmark index has risen 7.1% since coming to the edge of a bear market two weeks ago. Trading has been choppy in recent days as investors remain worried about inflation and the interest rate increases the Federal Reserve is using to fight it. Technology stocks were among the winners as Microsoft erased an early loss.

The region provides a contrast between the need to phase out fossil fuels to address climate change and the worldґs growing demand for natural gas. Yet these same storm-prone neighborhoods are near a buildout of new plants that supercool natural gas for export.

Researchers at Drexel Universityґs Center for Labor Markets and Policy predicted in a report last month that an average of 33% of youths ages 16 to 19 will be employed each month from June through August this year, the highest such rate since 34% in the summer of 2007.