Cpi Inflation Report
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CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago
The consumer price index was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.CNBC - Business -
Inflation Rises, but Key CPI Index Climbs Less Than Expected
The Consumer Price Index, which measures changes in the costs of household goods, rose 0.3 percent in April, a slight drop from the month before, potentially helping the case for the Fed to cut interest rates this year.Inc. - Business - Inflation -
Bond-market rally may not be over after inflation report brings ‘massive relief’
The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.MarketWatch - Business -
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Free agency: News, buzz and reports
The Lakers and Heat could be the top teams who pursue Mitchell if he doesn't sign an extension with the Cavs.ESPN - Sports -
Here's the inflation breakdown for April 2024 — in one chart
The consumer price index rose 3.4% in April from a year earlier, marking a decrease from March, according to the Bureau of Labor Statistics.CNBC - Business -
5/15: The Daily Report with John Dickerson
John Dickerson reports on what to expect from the newly scheduled presidential debates, the biggest foreign threats ahead of the November election, and why the price of cocoa is so high.CBS News - Top stories -
US stocks close at record high on slower pace of inflation
Investors increase bets on Fed’s interest rate cuts this year as price growth moderatesFinancial Times - Business -
Inflation Moderated Slightly in April, Offering Some Relief for Consumers
Prices rose 3.4 percent in April from a year earlier, a slight easing from the previous month and a positive sign for the Federal Reserve.The New York Times - Business -
Japan's Economy Shrinks Again as Inflation Hits Consumers' Pocketbooks
The weakness of the yen currency drives up the prices of imported food and gasoline.The Wall Street Journal - World - Japan -
Traders examine interest rate bets after inflation updates
Also in this newsletter: Putin hits out at west, Slovak PM shot, measuring productivity in the officeFinancial Times - World -
Harris reports Beyoncé tickets as White House releases financial disclosures
The president and vice president are required to file public financial reports.CBS News - Politics -
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Report: Doc Rivers, Bucks pursuing Sam Cassell for assistant role
Bucks coach Doc Rivers reportedly plans to make an "aggressive push" to bring Celtics assistant Sam Cassell back on his coaching staff.Yahoo Sports - Sports -
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US soldier detained in Russia 'admitted guilt,' state media reports
Gordon Black, the U.S. soldier detained in Russia, has "admitted guilt" on a charge of theft, according to TASS, a state-owned news service.ABC News - Top stories - Russia -
Deadly tornado reported in Oklahoma after barrage of destructive storms
Destructive storms and tornadoes hit the Central US on Monday and Tuesday, including at least one deadly tornado.CNN - Top stories -
'The world's fault': Zelenskyy speaks out amid Russian assault
ABC News had an exclusive interview with the Ukrainian President Volodymyr Zelenskyy on Thursday.ABC News - Top stories - Russia -
High inflation harms older households — and two factors determine who is most at risk, research finds
Retirees and near retirees face unique dilemmas when it comes to trying to make their money last amid rising prices.CNBC - Business -
Bitcoin is having its best day since March following cooler April inflation reading
Bitcoin jumped with stocks on Wednesday after the April consumer price index showed inflation eased from the previous month.CNBC - Business - Crypto -
Ministers split over aid for Titanic shipbuilder Harland & Wolff
UK chancellor ‘dragging feet’ over £200mn package for Belfast groupFinancial Times - World -
Labour and Tories to raise pressure on City watchdog over growth
Concerns have risen over Financial Conduct Authority’s ability to spur competitivenessFinancial Times - World -
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.CNBC - Business -
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Child migration through Panama's dangerous Darien Gap is up 40%, UN report says
A U.N. report says child migration through Panama’s dangerous Darien Gap is up 40% so far this yearABC News - World -
Steelers' Cam Heyward does not plan to attend OTAs as he seeks a new contract, per report
Heyward wants to finish his career in Pittsburgh, but not this yearCBS Sports - Sports -
Fewer US overdose deaths were reported last year, but experts are still cautious
The number of U.S. fatal overdoses fell last yearABC News - Health -
Over 80,000 Illinois people banned from owning guns still keep them, report shows
In Illinois, 114,000 people are banned from owning guns because of legal tangles or mental health issuesABC News - Top stories -
Major U.S. stock indexes closed at records after the release of the inflation data, with the S&P 500, Nasdaq and Dow gaining 1.2%%, 1.4% and 0.9%, respectively.
Major U.S. stock indexes closed at records after the release of the inflation data, with the S&P 500, Nasdaq and Dow gaining 1.2%%, 1.4% and 0.9%, respectively.The Wall Street Journal - World -
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.The Wall Street Journal - World -
Lawmakers of both parties used a committee hearing to blast FDIC Chairman Martin Gruenberg over a report revealing widespread sexual harassment at the agency.
Lawmakers of both parties used a committee hearing to blast FDIC Chairman Martin Gruenberg over a report revealing widespread sexual harassment at the agency.The Wall Street Journal - World