Powell Says Us Inflation Taking Longer Than Expected to Hit Target
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What to expect on Sunday at the PGA Championship with such a crowded leaderboard
Will either Morikawa or Schauffele prevail? What's been the biggest surprise so far? The final round at Valhalla will reveal all.ESPN - Sports -
The Hobbit first edition expected to fetch thousands
The copy was found in a a chest of drawers at a home in Berkshire, after being inherited.BBC News - Top stories -
Closing arguments expected soon in Trump criminal trial
Former President Donald Trump's New York criminal trial is getting back underway in Manhattan Monday with more testimony from former Trump lawyer Michael Cohen. The case is expected to wrap up soon after Cohen's time on the stand. CBS News ...CBS News - Top stories - Donald Trump -
Will Trump take the stand?
The concern will be that the jury expects Trump to take the stand — as does the ultimate jury, the American voters who make up the court of public opinion.The Hill - Politics - Donald Trump -
Boxing announcer Dan Hennessey retires after naming wrong winner: 'No longer the world's punching bag'
ESPN's Joe Tessitore described the incident as an “absolute clown show garbage amateur hour."Yahoo Sports - Sports -
What's next for Knicks? How injury-shortened playoff run showed why New York is no longer waiting for a star
The Knicks weren't healthy enough to compete, but they have the talent to do so next yearCBS Sports - Sports - New York -
Drake Bell's son inspired him to open up about abuse: 'These decisions are no longer for myself'
Former Nickelodeon star Drake Bell says becoming a father played a role in his decision to come forward and identify himself as a victim of child sexual abuse.NBC News - Top stories -
Zoom bumps its longer-term outlook higher, but near-term forecast comes up short
Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street’s expectations, helped by a broader artificial-intelligence rollout across the ...MarketWatch - Business -
Inflation-Weary Viewers Boost Netflix Ad-Supported Discount Subscriptions
The video streaming company more than doubled viewers of its cheaper offer with ads in its content since January, and plansto boostrevenueby starting its own ad serving platform.Inc. - Business - Netflix -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Test Scores Down, GPAs Up: The New Angst Over Grade Inflation
Teachers say they have to balance “giving grace” to struggling students with maintaining high expectations.The Wall Street Journal - World -
There’s more good news on inflation. Americans may have a hard time believing it.
Purchasing power for the average household actually increased from 2019 to 2023, a government report found. But higher earners are still coming out on top.MarketWatch - Business -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
Abortion access finds wide support, but inflation, immigration fears propel Trump
Is the issue of abortion offsetting the drag on President Biden stemming from inflation nationally and immigration in a state like Arizona?CBS News - Politics - Abortion -
Surging shipping costs could complicate Fed’s inflation fight
While supply shortages have eased greatly in the past few years, they have not entirely gone away.MarketWatch - Business - Inflation -
Inflation concerns weigh heavily on voters, vary by race: Poll
Inflation is “far and away” the biggest issue for Americans heading into the 2024 election, but economic outlooks and President Biden’s approval rating vary by race and ethnicity, according to a new Harvard CAPS/Harris poll. As he faces off ...The Hill - Politics -
Voters Look Back Only So Far When It Comes to Inflation
Good thing for President Biden.The Wall Street Journal - World -
America Hits the Global Snooze Button
In an increasingly alarming world, the West can’t afford to rest for much longer.The Wall Street Journal - World -
Democrats Take Jewish Voters for Granted
We are liberal and support Israel. The party risks losing us by pandering to its antisemitic elements.The Wall Street Journal - World -
Iran’s President Ebrahim Raisi dead in helicopter crash
Aircraft came down on Sunday in remote and mountainous north-westFinancial Times - Business - Iran -
Raisi’s death deals blow to Iranian regime
Hardline cleric was seen as integral to republic’s succession planFinancial Times - Business - Iran -
More than a thousand fish die in pollution incident
The Department of Agriculture, Environment and Rural Affairs confirmed the major fish kill on the Four Mile Burn, a tributary of the Six Mile Water at Newmills near Doagh.BBC News - Top stories -
Pep on City future: 'Closer to leaving than staying'
Pep Guardiola has hinted that next season could be his last as Manchester City manager.ESPN - Sports -
Gaza humanitarian aid pier completed, Hezbollah targets base in Israeli territory
A floating pier for the delivery of desperately needed humanitarian aid has been completed off the shore of Gaza, the U.S. military says. CBS News national security contributor Sam Vinograd has more on that and the threats Israel has been facing ...CBS News - Top stories - Israel -
Vandals target ‘world’s oldest’ Chinese parade dragon in an Australian museum
Yahoo News - World -
House passes TICKET Act targeting concert 'hidden fees'
The House passed bipartisan legislation Wednesday that would require event ticket sellers to disclose the total cost of tickets upfront to consumers, including so-called hidden fees. The bill, dubbed the Transparency In Charges for Key Events ...The Hill - Politics -
Ubisoft meets FY24 sales targets but cancels The Division Heartland
Ubisoft’s latest financial report shows it’s on track to meet targets, but The Division Heartland has been cancelled to save on costs.VentureBeat - Tech -
Shell urged to clarify climate targets as it braces for shareholder rebellion
NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM. Norway’s state investment fund has urged Shell to clarify its climate targets as the oil group braces for its biggest ever green ...The Guardian - World - Climate -
Ukraine Asks U.S. to Provide More Intelligence on Targets in Russia
American officials say they do not want U.S. weapons used in cross-border attacks or intelligence reports used to strike inside Russia.The New York Times - Top stories - Ukraine -
Ukraine Asks for U.S. Help in Striking Targets Inside Russia
Ukraine has also asked the U.S. to lift restrictions on the use of American provided weapons against military objectives inside Russia, U.S. and defense officials said.The Wall Street Journal - World - Ukraine -
Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's
CNBC's Jim Cramer highlighted earnings reports from Palo Alto Networks, Toll Brothers, Ross Stores and Deckers Outdoor.CNBC - Business -
DNC targets Trump gun rhetoric with billboards near NRA conference in Texas
The Democratic National Committee (DNC) is launching mobile billboards Saturday in Dallas targeting former President Trump for his rhetoric on gun violence and reform. The billboards, which accuse Trump of putting the gun lobby ahead of Texas ...The Hill - Politics - Donald Trump -
Ukraine war briefing: Kyiv accuses Russia of targeting civilians in Kharkiv region
Ukrainian prosecutors investigating possible war crimes in Kharkiv and Vovchansk as Zelenskiy says his troops are fighting back: What we know on day 816. Ukraine says Russian shelling targeted civilians in two cities in the north-eastern region of ...The Guardian - World - Ukraine -
‘We know consumers are feeling pressured’: Target to cut prices on 5,000 items ahead of Memorial Day weekend
Retailer Target is competing on price with its bigger rival Walmart at a time when many Americans are struggling with inflationary pressures.MarketWatch - Business -
ASOS targets booming Indian fashion market with Reliance Retail partnership
Yahoo News - World -
Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
Target to cut prices on 5,000 items in bid to lure cash-strapped customers
Target joins other retailers and other major businesses moving to slash prices as inflation-weary consumers grow thriftier.CBS News - Top stories -
Target, Aldi cut prices on staples like chicken, diapers and pet food as shoppers rack up grocery debt
‘Consumers are feeling pressured,’ a Target executive said, while Walmart also lowered pricesMarketWatch - Business