Latest in Negative Revisions Expected
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Inflation expectations pop to highest level in a year
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...The Hill - 59m -
New jobs report comes in cooler than expected, unemployment rate down to 4%
New data from the Bureau of Labor Statistics shows the U.S. added 143,000 jobs last month, fewer than economists predicted. The report also showed that the unemployment rate fell slightly to 4%. ...CBS News - 1h -
Almost all of USAID staff expected to be laid off
Nearly all of USAID is expected to be laid off Friday with Reuters reporting the agency will retain just over 600 workers, down from the thousands it had. CBS News White House reporter Aaron ...CBS News - 1h -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 2h -
Coping with expectations, Ricky Stenhouse Jr. has found peace in NASCAR
Ricky Stenhouse Jr. was once NASCAR's next big thing. He didn't live up to that hype, but he's found peace (and a Daytona 500 win) in a lengthy career.ESPN - 4h -
Airline Pilots in the DC Plane Crash Acted as Expected, Experts Say
The pilots of the American Airlines regional jet in the Washington airport collision acted as expected, aviation safety experts and other pilots said.The New York Times - 19h -
Alphabet Earnings Fall Short of Expectations as Google Cloud Sales Disappoint
The internet giant reported cloud sales that narrowly missed Wall Street’s estimates, worrying investors about the company’s A.I. business.The New York Times - 2d -
Treasury yields spike after solid revisions to jobs data for December and November
Yields on long-dated U.S. government debt jumped from some of their lowest levels of the year after Friday’s nonfarm-payrolls report included revisions for prior months that appeared to show the ...MarketWatch - 2h -
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflationABC News - 1d