Inside the Rent Inflation Measure That Economics Nerds Love to Hate
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The Fed’s Preferred Inflation Measure Remained Flat in April
Year-over-year inflation hovered at 2.7%. The Federal Reserve has been waiting for firmer evidence that rapid price increases are behind it.The New York Times - Business - Inflation -
The Fed’s preferred inflation measure rose 0.2% in April, as expected
The personal consumption expenditures price index for April was expected to show an inflation rate of 2.7% over the past 12 months.CNBC - Business -
The Fed's preferred inflation measure rose 0.2% in April, as expected
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released Friday that is followed closely by the Federal Reserve.NBC News - Top stories -
Are you renting your soul to Airbnb?
‘The Airbnb employee, a terrifying figure who haunts the poor owner, can delist us with a click of a mouse and suspend our livelihoods’Financial Times - Business -
Chinese factory activity falls in hit to economic momentum
Xi Jinping has prioritised manufacturing growth amid property slowdown and weak domestic consumptionFinancial Times - Business - China -
More Biden Half Measures for Ukraine
The U.S. will finally let Kyiv hit targets in Russia, at least a little.The Wall Street Journal - World - Joe Biden -
Schools in basketball-centric leagues face different economic challenges with NCAA settlement
Schools in basketball-centric leagues face the challenge of generating revenue to pay future players without the lucrative revenues from footballABC News - Sports -
The Guardian view on India’s election: Narendra Modi’s audacity of hate | Editorial
India’s prime minister encourages a belief in his divinity, leading followers to think it is God’s purpose to spread fear and loathing. “No party or candidate shall include in any activity which may aggravate existing differences or create mutual ...The Guardian - World -
Sean Strickland on UFC's opinion of him as a champion: 'They hate it, but they also accept it'
Strickland wasn't a sponsor-friendly face for the promotion during his reign as middleweight kingCBS Sports - Sports -
Inside the homes of Tangier’s tastemakers
Creatives from Europe and the US who live and work in the Moroccan city are inspired by its multicultural eclecticismFinancial Times - World -
You Cowards Hated The Supra For Its BMW Components, So Now It's Dying: Report
Yahoo News - World -
NYC's rat-hating mayor is once again ticketed for rats at his Brooklyn property
New York City’s rat-hating mayor has once again been ticketed for a rat infestation at his Brooklyn propertyABC News - Top stories -
Inflation Ticks Up in the Eurozone
Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank seems prepared to cut interest rates next week.The New York Times - Business - Inflation -
Inside Entire Productions' Annual Showcase
How one company used innovation, creativity, and connection to spotlight their vendors, and themselves.Inc. - Business -
Want to measure the ‘vibecession’? Start by looking at how much money Americans can save right now.
“Consumers are not saving less today because they have suddenly stopped caring about the proverbial rainy day; they’re saving less because their paycheck is struggling to keep up with inflation,” one economist said.MarketWatch - Business -
Eurozone inflation hits 2.6% in first rise this year
Above-forecast price growth in single currency bloc fuels doubt over pace of interest rate cutsFinancial Times - Business - Inflation -
Love withdrawing from draft, returning to Arizona
Arizona's Caleb Love, who won Pac-12 Player of the Year, is withdrawing from the NBA draft and returning to school for his final season.ESPN - Sports -
Why I Love the Sydney Opera House
The art is accessible, the attendees cut across the social spectrum and the architecture beguiles.The New York Times - World -
Managing My Daughter’s Prom
It must be nice …The New York Times - Lifestyle -
Tiny Love Stories: ‘Also, He’s a Magician’
Modern Love in miniature, featuring reader-submitted stories of no more than 100 words.The New York Times - Lifestyle -
Power for Sale: inside Europe’s Qatargate scandal
Our new podcast series investigates the fine line between influence and corruption in the European parliamentFinancial Times - Business -
The Chinese Communist Party is infiltrating the US from the inside
The Chinese Communist Party is increasingly controlling Hong Kong, and Hong Kong’s overseas representative offices — including three in the United States.The Hill - Politics -
Inside Texas A&M's grand (and expensive) baseball vision
In his third season as head coach, Jim Schlossnagle has big plans for his team, including a national title run.ESPN - Sports -
Inside the courtroom for the historic Trump trial verdict
Alice Gainer, a CBS New York anchor and reporter who covered former President Donald Trump's trial since it began in April, describes the moments in the courtroom when the verdict was announced.CBS News - Top stories - Donald Trump -
Inside the long legal trail to this week’s big verdict
For years, it was known as the “zombie” case within the Manhattan District Attorney’s Office.NBC News - Top stories -
The view from inside Trump Tower | Fiona Katauskas
It’s not just tantrums that the Donald is throwing. See more of Fiona Katauskas’s cartoons here Continue reading...The Guardian - World - Donald Trump -
Consumers turning to store brands amid inflation
With inflation still running hot, some retailers are investing more in their generic store brands as cash-conscious consumers pivot away from big brand names. Jordyn Holman, business reporter for the New York Times, joined CBS News to discuss the ...CBS News - Top stories - Inflation -
Economists Can't Convince Americans Inflation Is Getting Better
There's a difference between what academics say about prices and how it feels to everyone else.Inc. - Business -
Cooling U.S. Prices Halt Dollar's Advance
The dollar was little changed after data suggested inflation is cooling.The Wall Street Journal - World -
SPDR Gold Falls to Close Month
Gold settled nearly 0.9% lower Friday, but finished the month with a 1.4% gain.The Wall Street Journal - World -
Eurozone Inflation Rises as ECB Considers Rate-Cut Path
Eurozone inflation picked up in May as prices of services rose more rapidly, but that is unlikely to deter the European Central Bank from proceeding with a heavily signaled interest-rate cut next week.The Wall Street Journal - World -
Eurozone inflation rises as ECB considers rate-cut
Eurozone inflation picked up in May as prices of services rose more rapidly, but that is unlikely to deter the European Central Bank from proceeding with a heavily signaled interest-rate cut next week.MarketWatch - Business - Inflation -
S&P 500, Nasdaq RetreatAfter PCE Inflation Data
Stock indexes were mixed after the Fed’s preferred inflation gauge was roughly in line with economists’ expectations.The Wall Street Journal - World -
Fed’s preferred inflation metric remains at 2.7% in April
Personal consumption expenditures figure was in line with economists’ expectationsFinancial Times - Business -
Fed's favorite inflation tracker flatlined in April
The Federal Reserve's preferred gauge of inflation flatined in April as Americans pulled back slightly from spending, according to federal data released Friday. Prices rose 0.3 percent in April and 2.7 percent over the past 12 months, according to ...The Hill - Politics - Inflation -
Child care costs are outpacing inflation: Report
KPMG's chief economist says Americans are downbeat over child care costs.ABC News - Top stories -
A Key Inflation Metric Slowed Down in April
The Fed watches the personal consumption expenditures price index closely. Itrose at the slowest monthly rate this year, which may mean inflation is starting to taper off.Inc. - Business -
Inflation data muddles ECB’s rate cutting trajectory
Also in this newsletter: Donald Trump found guilty on all counts in ‘hush money’ trial, Cyril Ramaphosa’s future in doubt, Japan’s $62bn support for yen provides little reprieveFinancial Times - World - Inflation -
Inflation can't touch the Costco hot dog combo
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story New Costco VP says he won't raise hot dog price As inflation continues to drive up prices across the country, Costco says the cost of a longtime ...The Hill - Politics - Inflation -
Father's Day Gift Ideas: Gadgets He Loved as a Kid---Updated for 2024
A colorful longboard, high-definition GameBoy or maybe even an ice cream machine will give him a welcome dose of nostalgiaThe Wall Street Journal - Tech