‘Apples’ Review: Forget Me Not

States Where the Most People Are Vaccinated

An estimated 221,924,152 Americans have been fully vaccinated against COVID-19, or 67.8% of the population.

Some states are proving more effective than others in getting their residents vaccinated. Depending on the state, the share of the population that has been fully vaccinated ranges from as low as 51.3% all the way up to 83.8%.

Due in large part to vaccine hesitancy and resistance, millions of doses are currently sitting idle under the purview of state governments, yet to be administered. As of June 21, only about 78.1% of the 758,129,100 doses of the vaccine that have been distributed to the 50 states and Washington D.C. have been administered. In one state, only 63.8% of delivered doses have gone into the arms of residents.

Meanwhile, the virus continues to spread. In total, there have been 26,011 known infections for every 100,000 people nationwide.

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LightInTheBox Posts Loss In Q1; Total Revenues Down 16.3%

LightInTheBox Holding Co., Ltd. (LITB) posted a net loss of $5.5 million in the first quarter of 2022, compared with net income of $1.4 million, a year ago. Net loss per ADS was $0.05, compared with net income per ADS of $0.01. Adjusted EBITDA was negative at $4.6 million, compared with income of $2.3 million, prior year.

Total revenues decreased 16.3% year-over-year to $93.8 million from $112.0 million, previous year. Revenues generated from product sales were $91.4 million, compared with $109.4 million, last year.

Jian He, CEO of LightInTheBox, said, “Traditionally, the first quarter is slower in the e-commerce industry, but since the beginning of this year, we faced even more unprecedented challenges and macroeconomic uncertainties negatively affecting supply chain and consumer sentiment.”

Oil Prices Extend Losses On Fuel Demand Worries

Oil prices fell on Thursday to extend losses from the previous session as recession fears mounted.

Industry data showing an unexpected build in U.S. stockpiles last week and the Biden administration’s push for a series of measures to address high gasoline prices also added to the downside momentum.

Benchmark Brent crude futures and WTI crude futures both fell nearly 2 percent to $109.63 per barrel and $104.11, respectively in European trade.

Both benchmarks fell around 3 percent on Wednesday to reach their lowest levels since mid-May on concerns about the outlook for energy demand due to slowing global growth.

Fed Chair Jerome Powell on Wednesday acknowledged that achieving a “soft landing” will be “very challenging” due in part to factors outside of the Fed’s control and noted a recession is “certainly a possibility.”

Separate surveys showed earlier today that business activity in the bloc’s two largest economies, Germany and France, suffered a sharp loss of momentum at the end of the second quarter.

U.S. President Joe Biden called on Congress to pass a three-month suspension of the federal gasoline tax to help combat record prices at the pump.

According to the latest data from the American Petroleum Institute, crude oil inventories in the U.S. rose by 5.6 million barrels for the week ended June 17, versus prediction of a draw of 1.433 million barrels.

The U.S. Energy Information Administration’s weekly oil data is delayed until at least next week due to systems issues.

‘The Black Phone’ Review: The Dead Have Your Number

Ethan Hawke plays the big bad in this 1970s-set child-abduction thriller.

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By Jeannette Catsoulis

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PHOTOS: Go Skate Day Denver 2022

Every summer solstice on June 21, skateboarders around the world take to the streets and skate parks to celebrate Go Skateboarding Day — and Denver’s own thrashers were no exception this year. Here’s how Denver Skatepark, Denver’s oldest skatepark, the largest of its kind in Colorado and affectionately nicknamed “D Park,” looked on Go Skate Day, June 21, 2022.

‘Wildhood’ Review: On the Road, Sorting Out Growing Up

Three young men explore their Indigenous heritage and questions about their gender and sexual identity in this film.

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By Natalia Winkelman

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‘Apples’ Review: Forget Me Not

Amnesia strikes individuals at random in this absurdist dramedy from Greece, which may be too deadpan for its own good.

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By Beatrice Loayza

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