Congressional Democrats Continue to Push A Broken Narrative on Inflation
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German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Trump trial hears new details about alleged "catch and kill" scheme
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.CBS News - Politics - Donald Trump -
Trump trial hears new details about alleged "catch and kill" scheme
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.CBS News - Top stories - Donald Trump -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Trump allies indicted in Arizona as his New York criminal trial continues
More than a dozen Trump allies are now facing charges in a 2020 election case in Arizona. With two historic cases happening Thursday, Donald Trump won’t be at the Supreme Court, but listening to continued testimony in his New York criminal trial. ...CBS News - Top stories - New York -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Is another inflation scare coming? GDP seems to say yes.
A surprisingly high inflation reading in the first quarter has raised anxiety about whether a key price index in March could be worse than expected and could lower the odds of U.S. interest-rate cuts.MarketWatch - Business -
Additional temporary channel opens, Baltimore bridge collapse cleanup continues
A fourth temporary channel is opening for the Port of Baltimore one month after the Francis Scott Key Bridge collapsed. Two victims of the collapse still have not been recovered as crews continue to remove the wreckage. Col. Estee Pinchasin, ...CBS News - Top stories -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Pro-Palestinian protests continue to grow at campuses in New York and Texas
Violent clashes between protesters opposed to the Israel-Hamas war and police have taken place at campuses across the nation, along with multiple arrests.NBC News - Politics - New York -
Intel’s earnings forecast fails to clear low bar, and the stock’s drop continues
Intel Corp. shares dropped 8% in the extended session Thursday, adding to their rough start to the year as the chip company reported revenue slightly below Wall Street’s expectations.MarketWatch - Business -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Charter continues to shed internet subscribers, reflecting cable’s growth woes
Charter lost more internet subscribers than expected in the first quarter as the cable industry’s broadband growth challenges continued.MarketWatch - Business -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Hush-money trial live: Trump appears to repeat call for lifting of gag order after Pecker testimony ends
Ex-president rails against ban on attacking key people connected to the trial; longtime Trump assistant asked whether boss distracted while signing checks. Trump defense attorney Emil Bove has resumed his cross-examination of Pecker.. “We were ...The Guardian - World - Donald Trump -
#MeToo founder says campaign will continue after Weinstein verdict overturned
Tarana Burke called Harvey Weinstein’s accusers ‘heroes’ and said movement would continue to bring progress to society. The founder of the #MeToo movement, Tarana Burke, has called the women who spoke out against Harvey Weinstein “heroes” and said ...The Guardian - World -
Flooding in Tanzania and Kenya kills hundreds as heavy rains continue
In Tanzania, heavy rains have affected more than 200,000 people and ruined major infrastructure, officials said.CBS News - Top stories -
Flooding in Tanzania and Kenya kills hundreds as heavy rains continue
In Tanzania, heavy rains have affected more than 200,000 people and ruined major infrastructure, officials said.CBS News - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
10-year Treasury yield slips after latest U.S. inflation report
U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and the PCE data.CNBC - Business -
12:30 Report — Trump returns to 'freezing' courtroom as defense finishes David Pecker cross-examination
{beacon} 12:30 REPORT It’s Friday! And happy White House Correspondents’ Association dinner weekend to all who celebrate!! The ex-publisher of the National Enquirer is testifying again today in former President Trump’s hush money trial. The ...The Hill - Politics - Donald Trump -
King Charles to return to public duties while continuing cancer treatment
Monarch to resume public-facing engagements after palace says doctors ‘very encouraged’ by his progress. King Charles, who is being treated for cancer, is to return to public duties, with doctors pleased and “very encouraged” by his progress and ...The Guardian - World - United Kingdom -
Columbia protest at a stalemate as students remain camped on lawn
Talks between protesting students and Columbia University remained at a stalemate Friday, demonstrators said, as a pro-Palestinian encampment seemed destined to stretch into its second weekend.NBC News - Top stories -
Biden administration faces pressure over continued support for Israel
Protests against the war in Gaza that have spread across U.S. college campuses are applying increased pressure on President Biden's administration over its continued support for Israel. CBS News chief White House correspondent Nancy Cordes has ...CBS News - Top stories - Joe Biden -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Business - Federal Reserve