Pce Inflation Hits 2
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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 -
Trump hits Biden for blaming 'disaster' inflation on shrinking size of Snickers Bars
Former President Trump criticized President Biden's handling of inflation in a late-night social media rant, joking that he is blaming his "economic disaster" on the shrinking size of Snickers Bars. In back-to-back Truth Social posts late Friday ...The Hill - Politics - Joe Biden -
Contreras hits 3-run homer off Verlander to give Brewers 4-2 win over Astros
William Contreras hit a go-ahead three-run homer off Justin Verlander in the fifth inning to give the Milwaukee Brewers a 4-2 win over the Houston AstrosABC News - Sports - MLB -
Rangers outlast Angels 3-2 in 13 innings when Lowe gets hit by pitch
Nathaniel Lowe was hit by a pitch from Carson Fulmer with the bases loaded in the 13th inning, forcing home the winning run as the Texas Rangers outlasted the Los Angeles Angels 3-2ABC News - Sports - MLB -
How fast is UK inflation falling?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - United Kingdom -
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 -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Canadian Inflation Expected to Show Further Cooling
Canada’s inflation report for April is likely to reinforce that conditions warrant a quarter-point interest rate cut, Royal Bank of Canada’s Nathan Janzen and Carrie Freestone say.The Wall Street Journal - World -
Phoenix is beating the rest of the country on inflation — on paper anyway
Phoenix is closer to winning the war on inflation than most other cities.NBC News - Top stories -
Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
Inflation-Weary Viewers Boost Netflix Ad-Supported Discount Subscriptions
The video streaming company more than doubled viewers of its cheaper offer with ads in its content since January, and plansto boostrevenueby starting its own ad serving platform.Inc. - Business - Netflix -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Glynn's Take: RBA Gov. Bullock Alone in Fight to Tame Inflation
Reserve Bank of Australia Gov. Michele Bullock will have realized this week that she is now on her own when it comes to getting inflation down.The Wall Street Journal - World -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Test Scores Down, GPAs Up: The New Angst Over Grade Inflation
Teachers say they have to balance “giving grace” to struggling students with maintaining high expectations.The Wall Street Journal - World -
There’s more good news on inflation. Americans may have a hard time believing it.
Purchasing power for the average household actually increased from 2019 to 2023, a government report found. But higher earners are still coming out on top.MarketWatch - Business -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
Abortion access finds wide support, but inflation, immigration fears propel Trump
Is the issue of abortion offsetting the drag on President Biden stemming from inflation nationally and immigration in a state like Arizona?CBS News - Politics - Abortion -
'Shōgun' will return for at least 2 more seasons
FX and Hulu have announced that its acclaimed series "Shogun" has been renewed. The story will continue for "likely" two more seasons.Los Angeles Times - Entertainment -
Stop Wasting Ammo, Damage Explained In Helldivers 2
Hit markers, armor penetration, weak points, and damage can be confusing in Helldivers 2. Let’s explain how it all works and how that will make you a better player.GameSpot - Tech -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Suit: Bad Bunny's agency hit with 'death penalty'
Rimas Sports, the agency founded by recording artist Bad Bunny, is accusing the Major League Baseball Players Association of "placing a death penalty" on the agency, according to a federal lawsuit the company filed Thursday.ESPN - Sports -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Bomb survivor thought she was hit by lightning
On the 50th anniversary, BBC News NI speaks to those affected by 1974 bombs which killed 33 people.BBC News - Top stories -
France Rushes Reinforcements to Riot-Hit New Caledonia
Unrest in the overseas territory could derail President Emmanuel Macron’s efforts to restore French influence in the Indo-Pacific region.The Wall Street Journal - World -
Armed robbers hit luxury jewelry store in Paris
French police are hunting for armed robbers who hit a jewelry store on one of Paris' poshest streets.CBS News - Top stories -
M&S website and app hit by technical issue
Customers were unable to shop online for around five hours but services are now working again.BBC News - Top stories -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - Business -
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 -
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The U.S. economy and inflation might be cooling off, but lower interest rates are still far away
Is the economy headed in the right direction? Wall Street investors certainly think so. They drove U.S. stocks to a record high this week. Why the optimism?MarketWatch - Business -
Trump’s immigration plan could add trillions of dollars to national debt, fueling inflation and market jitters
Donald Trump’s tax and spending plans for his would-be second term in office imply a willingness to see the federal budget deficit rise to truly unprecedented levels.MarketWatch - Business -
Trump trusted more than Biden on inflation, a top issue for voters, poll shows
Eighty-five percent of people surveyed said inflation is an important issue, and most trust Trump more than Biden to deal with it.ABC News - Top stories - Joe Biden -
Hurricane Katrina victim identified nearly 2 decades after deadly storm
Forensic tests allowed Mississippi authorities to identify the remains of a woman killed almost two decades ago in Hurricane Katrina.CBS News - Top stories -
Every Exotic Weapon and Armor In Destiny 2: The Final Shape (So Far)
Destiny 2: The Final Shape is raising the stakes for the final chapter in the Light and Darkness Saga, but more importantly, it's also adding several new Exotic weapons and armor pieces to the game. Remember, if you're going to face down a ...GameSpot - Tech -
Want More Customers? High-Growth Founders Balance These 2 Strategies
In the Inc. 5000 Community's May kick-off call, all-star entrepreneurs offered their best advice on customer acquisition -- and it landed squarely in two simple but essential categories.Inc. - Business -
Hades 2's First Patch Adds Major Quality-Of-Life Improvement
Hades 2 released in early access last week, and now has received its first patch. Supergiant Games is already proving the utility of its early-access period, with a majority of Patch 1's changes implemented as a result of player ...GameSpot - Tech -
Authorities continue hunt for 2 people who committed 'archeological theft'
Authorities are looking for two people who they say committed “archeological theft” at a U.S national park in Moab, Utah.ABC News - Top stories