Inflation Crisis Poses Greatest Near Term Global Threat Davos Survey Warns
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Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Inflation ticked higher in March as incomes, spending rose
Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index, the Federal ...The Hill - Politics -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
What to Do With Bonds When Inflation Won't Die
Readers weigh in, and our columnist responds, on how to invest for income in this marketThe Wall Street Journal - World -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - World -
Rep. Donald Payne Jr., 6-term New Jersey Democrat, dies at 65
The New Jersey Democrat suffered "a cardiac episode based on complications from his diabetes" earlier this month, his office said.CBS News - Top stories -
Rep. Donald Payne Jr., 6-term New Jersey Democrat, dies at 65
The New Jersey Democrat suffered "a cardiac episode based on complications from his diabetes" earlier this month, his office said.CBS News - Politics -
This job perk is like a 'cash bonus' — but you need a long-term strategy, experts say
Restricted stock units are a common type of equity compensation. Here's what to know about this popular employee benefit, according to experts.CNBC - Business -
US court upholds R Kelly’s 20-year prison term for child sexual abuse
Singer had appealed 2022 conviction by a Chicago jury stating Illinois’s shorter statute of limitations applied to his case. The singer R Kelly was correctly sentenced to 20 years in prison on child sexual abuse convictions in Chicago, a federal ...The Guardian - World -
Trump's allies are quietly drafting proposals that would attempt to erode the Federal Reserve's independence if the former president wins a second term.
Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term.The Wall Street Journal - World -
Rep. Donald Payne Jr., 6-term New Jersey Democrat, dies at 65
The New Jersey Democrat suffered "a cardiac episode based on complications from his diabetes" earlier this month, his office said.CBS News - Politics -
Mosquito-borne diseases spreading in Europe due to climate crisis, says expert
Illnesses such as dengue and malaria to reach unaffected parts of northern Europe, America, Asia and Australia, conference to hear. Mosquito-borne diseases are spreading across the globe, and particularly in Europe, due to climate breakdown, an ...The Guardian - World - Climate -
Middle East Crisis: U.S. and 17 Other Nations Call on Hamas to Release Hostages
“The fate of the hostages and the civilian population in Gaza, who are protected under international law, is of international concern,” the leaders said in a joint statement.The New York Times - World -
Nike’s Layoffs Prove the Olympics Can’t Solve Its Midlife Crisis
Nike’s reputation—and sales—are both in trouble. Now layoffs threaten to sour hopes that the Paris games could turn its fortunes around.Wired - Tech -
Haitian premier Ariel Henry steps down amid gang crisis
Transitional council to run poverty-stricken country in deal backed by US and Caribbean nationsFinancial Times - Business - Premier League -
McKinsey Faces Criminal Probe for its Role in Opioid Crisis
The Justice Department is investigating the consulting firm over its role in advising drug makers how to market prescription painkillers and contributed toa national addiction disaster.Inc. - Business -
Flint residents still seeking justice after 10 years of water crisis
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent ...CBS News - Top stories -
San Diego official says city is ‘new epicenter’ of border crisis
A San Diego official on Thursday dubbed his city the “new epicenter” for the border crisis and criticized California for “inflicting this upon ourselves.” “San Diego is the new epicenter for migrants and illegal immigration,” San Diego District 5 ...The Hill - Politics -
Haitian premier Ariel Henry steps down amid gang crisis
Transitional council to run poverty-stricken country in deal backed by US and Caribbean nationsFinancial Times - World - Premier League -
Escalating Myanmar crisis rare opportunity for US-China cooperation
Rapid escalations in Myanmar’s civil war are creating a rare opening for potential cooperation between the U.S. and China, with the chaos and violence in Southeast Asia posing a threat to both countries' interests overseas. While Washington and ...The Hill - Politics - China -
Middle East Crisis: U.S. Won’t Suspend Aid, for Now, to Israeli Unit Accused of Abuses
Secretary of State Antony J. Blinken said the United States is working with Israel to address charges against the unit, which has been accused of human rights violations in the West Bank.The New York Times - World - Israel -
Leader of Federal Student Aid Office Steps Down After FAFSA Crisis
During Richard Cordray’s tenure at the agency, the botched rollout of the new FAFSA upended the college admissions process.The New York Times - Top stories -
What Would Jesus Do? Tackle the Housing Crisis, Say Some Congregations.
The “Yes in God’s Backyard” movement to build affordable housing on faith organizations’ properties is gaining steam in California and elsewhere.The New York Times - Business -
Middle East crisis live: Hamas ‘reviewing new Israeli ceasefire proposal’
Senior Hamas official Khalil al-Hayya said the Palestinian militant group was evaluating Israel’s proposal. See all our coverage of the Middle East crisisThree people have been killed in Israeli strikes on southern Lebanon on Saturday, including ...The Guardian - World - Israel -
What Would Jesus Do? Tackle the Housing Crisis, Say Some Congregations.
The “Yes in God’s Backyard” movement to build affordable housing on faith organizations’ properties is gaining steam in California and elsewhere.The New York Times - Top stories -
Fortnite - Near The Snow Where People Bury Yummy Bones Location
Fortnite's latest Snapshot Quests, also known as story challenges, are live in the game, and a few of them are trickier than you may be used to as of late. If you need to know where to find the location referred to when Cerberus says he left a ...GameSpot - Tech -
Arizona house votes to repeal state’s near-total ban on abortion
Three Republicans join Democrats to support repeal of law first approved in 1864, with measure now heading to state senate. Lawmakers in the Arizona house have voted to repeal a controversial 1864 law banning nearly all abortions, amid mounting ...The Guardian - World - Abortion -
Arizona House advances effort to repeal 1864 near-total abortion ban
Arizona's House of Representatives on Wednesday advanced an effort to repeal the state's Civil War-era abortion ban that's set to go into effect June 8. CBS News campaign reporter Shawna Mizelle has the latest from Phoenix.CBS News - Top stories - Abortion -
Yen sinks to 34-year low after Bank of Japan holds interest rates near zero
Governor Kazuo Ueda says weakening currency is having ‘no major impact’ on underlying inflationFinancial Times - Business - Japan -
U.S. 10-Year Treasury Yield Remains Near Multi-Month Highs
Treasury yields remained at multi-month highs they reached on Thursday, following weaker-than-expected first-quarter GDP and a stronger-than-expected acceleration in core PCE inflation.The Wall Street Journal - World -
Israel’s Military Campaign Has Left Gaza’s Medical System Near Collapse
The Israeli military’s bombardment and invasion of Gaza have decimated its health care system in a way that aid groups and international bodies are increasingly calling “systematic.”The New York Times - World - Israel -
Israel’s Military Campaign Has Left Gaza’s Medical System Near Collapse
The Israeli military’s bombardment and invasion of Gaza have decimated its health care system in a way that aid groups and international bodies are increasingly calling “systematic.”The New York Times - Top stories - Israel -
Yen sinks to 34-year low after Bank of Japan holds interest rates near zero
Governor Kazuo Ueda says weakening currency is having ‘no major impact’ on underlying inflationFinancial Times - World - Japan -
Police Arrest Rabbis Demanding Cease-Fire at Rally Near Gaza-Israel Border
A group of about 30 rabbis and peace activists from Israel and the United States was trying to take food supplies into the territory.The New York Times - World - Israel -
Two people die after glider crashes near Mount Beauty airport
Paramedics treated the pair but both died at the scene of the crash, which occurred about 1.45pm north of Falls Creek in Victoria. Get our morning and afternoon news emails, free app or daily news podcastTwo people are dead after their powered ...The Guardian - World -
Taiwan's president-elect appoints new foreign, defense ministers as island faces continued threats
Taiwan’s president-elect has appointed new foreign and defense ministers to join his incoming administration as the island faces continuing military threats and diplomatic isolation from ChinaABC News - World -
Severe spring storms put 21 million under threat of possible tornadoes and hail
Severe spring storms will bring heavy rain and thunder to the Plains and into the Mississippi Valley this weekend — including possible powerful tornadoes, large hail and flooding.NBC News - Top stories -
2024 NFL Draft: Why Xavier Worthy profiles as more than just deep threat for Chiefs, Fantasy
The Kansas City Chiefs traded up into Round 1 to add Xavier Worthy, the fastest player to ever run in the NFL combineCBS Sports - Sports - NFL -
How TikTok grew from a fun app for teens into a potential national security threat
If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet timeABC News - Tech - Tiktok -
Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis. Billionaires should pay minimum 2% wealth tax, say G20 ministersWhen the governors of the World Bank and the International Monetary Fund ...The Guardian - World