Inflation Remains
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Turkey's inflation accelerates to nearly 70% in April
Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.CNBC - Business - Turkey -
Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - Business -
Government remains essential for the nation’s financial stability and prosperity
As we have detailed in our book, government has built our country by steering the market from the first presidential administration to the current one.The Hill - Politics -
Remains of man thought to be hostage found in Israel
Elyakim Libman was a security guard at the Nova music festival when Hamas attacked on 7 October.BBC News - Top stories - Israel -
Curtice: Conservatives remain in deep electoral trouble
Labour would have won 34% and Tories 25% if local results were replicated across the country, says Sir John.BBC News - Top stories -
U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.The New York Times - Business -
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.MarketWatch - Business -
Gold is overvalued now and won’t help you beat inflation in coming years
New research sees gold lagging U.S. inflation by more than 7% a year over the next decade.MarketWatch - Business -
Fed’s Williams says independence is key to winning fight against inflation
New York Federal Reserve President John Williams on Friday said that the U.S. central bank needed independence from the White House in order to get inflation back to its 2% target.MarketWatch - Business - Inflation -
Russian military personnel on Niger base where some U.S. troops remain
Before a coup in Niger in July 2023 led to the demand that American troops leave the country, the U.S. used two Niger airbases to fly drones on counterterrorism missions in the Sahel region of Africa.CBS News - Politics - Russia -
Stretch of I-95 in Connecticut remains closed after fiery crash
A fuel truck crash in Norwalk, Connecticut, shut down I-95 in both directions as thick black smoke rose into the air. That stretch of the highway could be closed through the weekend. Investigators are still looking for what caused the crash. NBC’s ...NBC News - Top stories