Beating Inflation Will Likely Require Us Unemployment to Rise
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Kendrick beats Drake on the charts, taking No. 1 spot with 'Not Like Us'
Kendrick Lamar’s “Not Like Us” — a dance-along track dissing Drake — has become the No. 1 song in the country, marking the second time this year he’s earned the spot on the Billboard Hot 100 for a track dissing the Toronto-born rapper. His ...The Hill - Politics -
Stocks Rise Amid Mixed Signals on Inflation
Stocks edged higher after the producer-price index rose more than expected in April but data for the prior month was revised lower.The Wall Street Journal - World - Inflation -
SPDR Gold Rises on Fresh Inflation Data
Gold settled 0.7% higher after U.S. inflation data came in hotter than expected.The Wall Street Journal - World -
The Israel-Hamas war in maps: latest updates
A visual guide to the warFinancial Times - Business - Israel -
How Rising Gas Prices Complicate the Fed's Inflation Strategy
Gas prices are rising faster than usual this year. WSJ’s David Uberti breaks down what’s behind the rise and how it interferes with the Federal Reserve’s goal of bringing down inflation.The Wall Street Journal - World -
Gold Futures Rise as Dollar Slips; Inflation Data Could Prompt Volatility
Gold futures rose, supported by lower Treasury yields and a softer U.S. dollar, ahead of U.S. inflation data.The Wall Street Journal - World -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
Oil Rises on Reports of U.S. Crude Inventories Draw But All Eyes Are on Inflation Data
Oil prices edged higher on reports of a larger-than-expected draw in U.S. crude inventories, but remained broadly under pressure on prospects of higher-for-longer rates due to sticky inflation.The Wall Street Journal - World -
People are drinking raw milk 'like crazy' as sales rise despite bird flu warnings
Sales of raw milk appear to be on the rise, despite years of warnings about the health risks of drinking the unpasteurized products — and an outbreak of bird flu in dairy cows.NBC News - Top stories -
Latest US inflation report may provide clues to future path of prices and interest rates
It’s perhaps the biggest question swirling around the U.S. economy right now: Is inflation stuck at an elevated level — or will last year’s steady decline resume sometime soonABC News - Top stories -
Global stock markets at record high ahead of crunch US inflation report – business live
Rolling coverage of the latest economic and financial news. In the City, profits at Burberry have dropped by 40% as the luxury goods market continues to struggle.. Burberry’s profits fell to £383m in the 12 months to the end of March, down from ...The Guardian - World -
Albuquerque Police Department officially met reform requirement
Albuquerque Police Department officially meets reform requirement after DOJ investigation.ABC News - Top stories -
TikTok Creators Sue to Block U.S. Law Requiring Sale or Ban
The group, whose legal fees are being paid for by the company, said a ban of the app would violate their First Amendment rights.The New York Times - Business - Tiktok -
Inflation’s rental risks
The US and UK need to see a moderation in the price of home leasesFinancial Times - World -
Wholesale inflation surges again, PPI shows, leaving Inflation still sticky
U.S. wholesale prices jumped 0.5% in April in another sign of sticky inflation.MarketWatch - Business - Inflation -
Australian judge says it is unreasonable to require X to hide video of church stabbing for all users
An Australian judge says it would be unreasonable for the country’s internet safety watchdog to require social platform X to hide video of a bishop being stabbed in a Sydney church from all of its users around the worldABC News - World -
Johnson pushes bill on voter ID requirements — flanked by Trump allies who challenged 2020 election
Politico - Politics - Donald Trump -
Australian Government's Budget Bets On Rapid Fall In Inflation
Australian Treasurer Jim Chalmers has framed the center-left Labor government’s 2024-2025 budget around the themes of cost of living relief, income tax cuts and the tantalizing prospect of a fall in mortgage interest rates by early next year.The Wall Street Journal - World - Australia -
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.The New York Times - Business - Federal Reserve -
U.S. Inflation Could Be Getting Less Sticky
There are signs that U.S. inflation might be getting less sticky, Piper Sandler economists write in a note.The Wall Street Journal - World -
The Fed is struggling to break the back of inflation. Here's why.
The Federal Reserve's campaign to snuff out runaway inflation has bogged down this year. Blame housing costs.CBS News - Top stories - Federal Reserve -
Inflation to Give Investors Latest Clues on Fed Path
Consumer-price index data is set to land after Fed Chair Jerome Powell said he still expected inflation to head lower, but was less confident than he had been on the outlook.The Wall Street Journal - World - Federal Reserve -
EU cuts inflation forecast for 2024 despite uncertainty
Yahoo News - World - European Union -
Stock Futures Flat With Inflation Report in Limelight
Stock futures were little changed as investors await April’s consumer-price index data.The Wall Street Journal - World - Inflation -
Live Updates: Inflation Expected to Cool Slightly
Forecasters expect consumer prices to have climbed 3.4 percent in April from a year earlier, a slight moderation after some hot inflation readings this year.The New York Times - Business -
Government set to release new inflation data
New inflation data is set to be released Wednesday, and the numbers could influence what happens to interest rates. CBS News business analyst Jill Schlesinger explains.CBS News - Top stories -
Inflation eases to 3.4% in boost for the Federal Reserve
The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.CBS News - Top stories - Federal Reserve -
Can anyone beat the Las Vegas Aces?
The Aces are loaded, but that doesn't mean teams aren't going all in to knock them off their perch.Yahoo Sports - Sports