Inflation Stalls Pce Signals
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April jobs report misses expectations, signaling a possible slowdown
U.S. employers added 175,000 jobs in April.ABC News - Top stories -
Brighton’s João Pedro stuns Aston Villa to stall their Champions League charge
. Aston Villa are running on fumes. The chance to go 10 points clear on Tottenham ended up reopening the door to the Champions League. Groggy from the short turnaround and shock result of their 4-2 Thursday defeat to Olympiakos, Unai Emery’s team ...The Guardian - World - UEFA Champions League -
Hamas attacks border crossing as cease-fire talks stall
Hamas on Sunday attacked a border crossing with Israel as cease-fire talks appeared to be on the verge of collapse. Ramy Inocencio reports.CBS News - Top stories -
Forecasting QB competitions after 2024 NFL Draft: Broncos, Patriots poised to open with rookie signal-callers
An early look at potential camp battlesCBS Sports - Sports - NFL -
How interest in electric vehicles has stalled over the last 3 years, in one chart
The promised American switch to electric vehicles from gas-engine cars is hitting speed bumps, and a new survey offers fresh indications of that slowdown.MarketWatch - Business -
Israel has given Hamas a week to agree to a cease-fire deal or it will go ahead with its military operation in Rafah, Egyptian officials said, as the militant group stalls for better terms that would ensure its survival.
Israel has given Hamas a week to agree to a cease-fire deal or it will go ahead with its military operation in Rafah, Egyptian officials said, as the militant group stalls for better terms that would ensure its survival.The Wall Street Journal - World -
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 -
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 -
More Americans trust Trump on economy, inflation than Biden: Poll
More Americans say they trust former President Trump on the economy and inflation than they do President Biden, a new poll found. The ABC News/Ipsos poll found that economy and inflation were among the top issues for Americans in this upcoming ...The Hill - Politics - Donald Trump -
Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says
“Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.MarketWatch - Business - Federal Reserve