Hot inflation likely to delay interest rate cuts. Here's what to expect
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Dow's 40000 Milestone Builds on Rate-Cut Hopes Rally
The Dow Jones Industrial Average touched 40000 for the first time, building on a run that has pushed the three major U.S. indexes to new heights this week.The Wall Street Journal - World -
Fed’s Barkin says consumers are driving inflation. Here’s what they’re willing to pay more for.
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them until households balk.MarketWatch - Business -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Here are some options to reduce taxes on your savings interest this year
Here's how to reduce income taxes on your savings interest amid rate uncertainty from the Federal Reserve.CNBC - Business -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
Premier League clubs to vote on scrapping VAR and what 2023-24 table would look like without it
The vote will take place on June 6 at the league's annual general meetingCBS Sports - Sports -
The U.S. Is Making Marijuana a Schedule III Drug. Here’s What That Means.
A new federal rule would reclassify marijuana as a less-dangerous, Schedule III drug. It’s a significant shift, even as it does not legalize the drug.The New York Times - Top stories -
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I spent years studying American communism. Here’s what I learned | Maurice Isserman
I was struck by the mystery of why so many intelligent and admirable people remained so loyal for so long to a fundamentally flawed movement. I’ll leave it to future historians to puzzle out the reasons why, but in the second decade of the 21st ...The Guardian - World -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 128 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 38.The Wall Street Journal - World - Israel -
Airlines Bill to Boost Safety and Guarantee Automatic Refunds for Delays and Cancellations Passed by Congress
The $105 billion measure renews Federal Aviation Administration rules that require carriers to automatically give passengers refunds if flights are delayed or canceled. President Biden is expected to sign it soon.Inc. - Business -
Voice Actors Sue Company Whose AI Sounds Like Them
Two voice actors say an A.I. company created clones of their voices without their permission. Now they’re suing. The company denies it did anything wrong.The New York Times - Top stories -
Gold, silver and platinum's red-hot rally still has further to go, strategists say
Gold, silver and platinum prices have been on a tear so far this year. Strategists say it's not over yet.CNBC - Business -
Fantasy Football 2024 NFL schedule strategy: How to deal with bye weeks, who starts hot or slow, more
What to know about how the NFL's schedule impacts your Fantasy strategyCBS Sports - Sports - Fantasy Football -
Hot history: Tree rings show that last northern summer was the warmest since year 1
A new study finds that the broiling summer of 2023 was the hottest in the Northern Hemisphere in more than 2,000 yearsABC News - Health -
The Dow just hit 40,000. Here's a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.NBC News - Top stories -
'Here There Are Blueberries' Review: At Leisure at Auschwitz
A powerful play by Moisés Kaufman and Amanda Gronich at New York Theatre Workshop takes its inspiration from a photo album that depicts the concentration camp’s staff relaxing and enjoying themselves in close proximity to unimaginable horror.The Wall Street Journal - World -
Feel Like You're on the Wrong Path in Life? Oprah's Life Coach Recommends This 3-Day 'Integrity Cleanse'
Martha Beck has a PhD from Harvard, the ear of Oprah, and a simple plan to help you find your true path in life.Inc. - Business -
My real-estate agent says my house ‘smells like dog.’ Is this a ploy to lower the price?
“I have a very good nose, and it smells like the inside of an air freshener.”MarketWatch - Business -
AMD supplants Nvidia as this analyst’s top chip stock — but he still likes both
AMD’s stock advances as Wolfe Research writes positively of the company’s AI traction.MarketWatch - Business -
Sweltering heat across Asia was 45 times more likely because of climate change, study finds
Sizzling heat across Asia and the Middle East in late April that echoed last year’s destructive swelter was made 45 times more likely in some parts of the continent because of human-caused climate change, a study Tuesday foundABC News - Health - Climate -
Witness testimony expected to begin in Bob Menendez trial
Sen. Bob Menendez of New Jersey is accused of trading his influence and power to foreign governments.CBS News - Top stories -
Here's the deflation breakdown for April 2024 — in one chart
Deflation is the opposite of inflation: It's when prices decline. That has largely occurred for goods such as furniture, appliances and cars in the past year.CNBC - Business -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
Too Many Credit Cards? Here's How Visa Plans to Change That
The credit card company plans numerous technological innovationsthat will widen payment options and reduce the number of cards people carry in their wallets.Inc. - Business -
Jalen Brunson's latest masterpiece: Putting on a show that everybody expected
When Jalen Brunson looks like Jalen Brunson, the Knicks win; when he doesn’t, they don’t.Yahoo Sports - Sports -
Honda expects hybrid boom to last until end of decade
Consumers have turned to hybrids because of worries about EV costs and charging infrastructureFinancial Times - World -
US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
How this year's Biden-Trump debates will be different than past presidential debates
Learn more about the upcoming 2024 presidential debates, including who will participate, when to watch and how the Trump and Biden camps agreed on the events' logistics.NBC News - Top stories - Joe Biden